[projectvrm] Bitcoin privacy and big data

[Jim Bursch < >]

Has anyone here been following the Bitcoin story?

I've been studying Bitcoin for the last week, and it strikes me as having tremendous potential to be a fantastic tool for people to take control of their personal data.

I tend to think that the biggest threat to autonomy on the web is dependence on credit card banking, and the attendant identity/privacy issues that go with it. The promise of Bitcoin is that it can enable truly anonymous financial transactions, and effectively cut the nuts off of big data.

I am in the process of converting MyMindshare to be denominated in Bitcoin and coming to appreciate more and more its benefits.

I encourage us to look past the speculative hype that is currently enveloping Bitcoin and take a serious look at what its implications are for vendor relationship management -- specifically the amount of control it gives to us people on the other side of the vendor relationships.

-- 
Jim Bursch
310-869-5340

 
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http://mymindshare.com
@jimbursch