Why Bitcoin is exciting.

Second hand, and you can read it from the horse’s mouth anywhere, but here is the answer to an important question.

First the question: why are the top most exciting investors in the world so electrified over Bitcoin?

The answer is that three trends have come together

1. Cloud computing cheap everywhere
2. Encryption

Already out there.

And, a new invention:

3. a solution to the Byzantine Generals problem for coordinating complex tasks

So you can use the three above to coordinate lots of complex stuff – money, laws, deals, work.