Other challenges are rising for Bitcoin but it has already proven what it is capable of and what issues it is solving. By aiming to provide a digital payment system for the 1.7 billion unbanked people, Bitcoin has shown the world that cryptography, consensus protocol, and decentralized databases are powerful enablers for a paradigm shift rendering the power to the crowd instead of a given central authority or third party.
"We need better cross-border payments … because it's good for development, it's good for financial inclusion, so Bitcoin can help us."
- Benoit Coeure, European Central Bank executive board member in January 2018
In a world where the social, circular, and collaborative economy is flourishing, having a technology that allows anybody to share, trade, pay for, or sell...