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Crypto News: The race to create the Amazon or Instagram of cryptocurrency

What will be the first native app that taps into the power of the blockchain, cryptocurrencies and tokens?

That's the provocative question posed last week by venture capital investor Chris Dixon and Coinbase co-founder Fred Ehrsam in Andreessen Horowitz's tech podcast "Why Crypto Tokens Matter."

Although the extreme hype around blockchain and cryptocurrency today attracts hucksters and scammers, Dixon and Ehrsam argue that the significance of the rise of cryptocurrencies is undeniable.

The analogy they use to explain the significance is this: in the way that the web allowed for the programmability of information for the first time, cryptocurrencies and tokens allow for the programmability of money or value for the first time.

Full story at http://cnb.cx/2hLcrlX

Source: CNBC

 

 

 

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