The advent of the internet has transformed the way we conduct commerce around the world.
Today, 57% of the global population uses the internet every day. In 2018, e-commerce tallied more than $2.8 trillion, a roughly 14% rise from the year prior.
Thanks to the internet and the technologies that have been built on top of its foundational rails, we can read and learn as much as we like about any topic on the planet at any time.
We can communicate with people who live just about anywhere, or send our family and friends photos and video clips. We can determine our precise location on the Earth and navigate where we’re headed, and we can buy or sell just about any good or service imaginable – all in real time.
If we choose, we don’t have to leave the comfort of our homes to do any of these things – it all can be brought right to our fingertips wherever we have a signal.
In other words, by moving us from the analog world into the digital one, the internet has exponentially expanded the convenience, efficiency, and speed with which we are able to conduct our affairs.
But we’re not even close to maxing out its potential.
We believe the giant leap into the digital frontier is really an ever-evolving process that’s just getting started. And the next step we’ve spotted on the horizon is going to make those who saw it coming – and knew how to respond – filthy rich.
We’re talking about money. Digital money in this case. And we don’t mean simply digitizing the massive money supply that already exists and then relying on the same intermediaries – the banks and money-changing services – that take their cut along the way. The crash of 2008 proved to the world the unreliability of our very centralized banking system… and its potential to crater our savings.
2008 was also the year when bitcoin came on the scene with a revolutionary new approach to money that doesn’t rely on a small group of bankers huddled in financial centers around the…
