Gradually, decentralized trust will be accepted as a new and effective trust model. We have seen this evolution of understanding before - on the Internet.
— Andreas Antonopoulos
Bitcoin offers one service: securely time-stamped, scripted transactions. Everything else is built on the edge-devices as an application. Bitcoin allows any application to be developed independently, without permission, on the edge of the network.
It will take time for the idea of decentralized trust through computation to become a part of mainstream consciousness, and until then, the idea creates cognitive dissonance for those accustomed to centralized trust systems.
I just spent the last 8 months working on the second edition of 'Mastering Bitcoin,' and I couldn't even scratch the surface of all the innovation that is happening in BTC.
What happens when an industry transitions from using one or more 'smart' and centralized networks to using a common, decentralized, open, and dumb network? A tsunami of innovation that was pent up for decades is suddenly released.
