Some historical context on the future of Bitcoin
• https://www.sovereignman.com by Simon BlackOn March 29, 1879, a widely circulated newspaper called the American Register published a scathing editorial stating that "it is doubtful if electricity will ever be [widely] used" because it was too expensive to generate.
Two basic things happen in the transfer of bitcoins: 1) two Bitcoin addresses “talk” to each other in an encrypted “language” that only they can understand; 2) in the “talk,” a simple number disappears from one address, and appears in the other address. Five things will make blockchain technology really powerful: 1) same as 1, above; 2) the si9mple number in 2, above, becomes a string of numbers and letters and/or other characters that never change, which include (perhaps at the end of the string) a property identification number (like a VIN for a vehicle); 3) anybody can enter a new ID# at the end of some string (the first part being created by the program); 4) once the ID# is entered, it is compared with all ID#s in the blockchain to make sure it doesn’t exist already; 5) this ID# becomes the method for property transfer of the property it represents, rather than the simple transfer of digits like Bitcoin does.