Prediction is a tricky business.
It’s so easy to be wrong and so hard to be right.
But that’s exactly what we’ll do here. Since we’re rapidly approaching the ten year anniversary of Bitcoin’s whitepaper publication, I’ll attempt to project out twenty years to see the evolution of Bitcoin, blockchain, alternative cryptocurrencies and decentralization.
This is the type of article that will look unbelievably foolish or incredibly brilliant when I’m old and gray.
I don’t care. I’m going for it anyway.
I’m also going to go much, much deeper than “Bitcoin will go to zero” or “Bitcoin will become the reserve currency and be worth $1,000,000”. That’s not really saying all that much and anyone can do it.
Instead we’ll look at how the technology will transform and how society will transform with it.
I’ve got a decent track record of successfully predicting future trends and technology but nobody gets it 100% right. Arthur C. Clarke, one of the greatest sci-fi writers of all time, saw the coming of satellites and GPS, as well as the cloud, the Internet and telecommuting but by his own admission he overestimated the importance of rockets and failed to see the importance of a prototype laptop a company gifted to him to write his next novel.