scared

3 reasons entrepreneurs shouldn’t be scared of Bitcoin

We found that a rapidly rising price for Bitcoin leads to a rush of Bitcoin-related startups being formed, while a falling price discourages entrepreneurs from forming startups. But here are 3 good reasons why entrepreneurs should pursue Bitcoin startups even while the price is falling.

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Bitcoin moves from hype to disappointment, and on to real utility

Even many sophisticated early tech adopters are scratching their heads unless they have a really compelling personal reason to start adopting Bitcoin. Still, I believe that Bitcoin is going to be one of the most dynamic areas in tech over the coming five years.

Melanie Shapiro, founder of CryptoLabs and CEO of Case

The promise of Bitcoin

In 1991, the first version of the hypertext transfer protocol was published and it did one simple thing. HTTP allowed one computer to ask another computer for a page of information and receive an HTML page as a response. It was simple but for the first time, information could travel anywhere in the world for free as long as you hook up to this open network called the Internet.