Aspen Institute CEO: Bitcoin Micropayments Will Change Banking

Aspen Institute CEO: Bitcoin Micropayments Will Change Banking

Walter Isaacson, author and CEO of the Aspen Institute, has said the advantages offered by disruptive technologies such as bitcoin will help shape the payments space in 2015. Speaking to CNBC's Squawk Alley yesterday, Isaacson emphasised that, while payments innovations like Apple Pay are a step forward for consumers, it's important to find new technologies that will disrupt the banking and credit card systems "so we can have easier payments systems". Isaacson said: "I'm disappointed a little bit that Apple Pay didn't do it with its own financial thing and decided to do it with people's....


Related News

Aspen Institute Walter Isaacson CEO Sees A Bitcoin Micropayment Disruption Coming

Walter Isaacson. Walter Isaacson, CEO of the Aspen Institute, recently published an article on LinkedIn called Big Idea 2015: The Coming Micropayment Disruption. Isaacson envisions the current barriers to microtransactions being broken down by Bitcoin and similar innovations. What makes his piece interesting is that it hits on the points many in the Bitcoin and cryptocurrency communities have known for a long time. No burdensome credit card fees and hurdles to making small impulse purchases difficult and costly. Bitcoin microtransactions can also help the publishing industry. Also read:....

Are Micropayments a Viable Business Model?

CoinTelegraph spoke to experts from Safe Cash Payment Technologies, Inc, Bitfortip.com, SatoshiPay.io, PopChest.com and Fuzo to learn their views on micropayments. Great expectations. Nicholas Negroponte, head of the MIT Media Laboratory, predicted in 1998 that we were going to see, within the next year, an extraordinary movement in the web of systems for micropayments. Nowadays, Andreas Antonopoulos is still trying to raise awareness among people about the possibilities offered by the micropayment system. Walter Isaacson, CEO at Aspen Institute, writes: “A flourishing digital economy....

Walter Isaacson: ‘There Will Always Be A Place For The Original Bitcoin’

Walter Isaacson has described the “Coming Wave of FinTech” through a Wall Street Journal (WSJ) post that gives his view of Distributed Ledger Technology. Isaacson believes that blockchains will transform traditional finance and up until its creation FinTech seemed to be a lot of “hype.” The journalist and the CEO of the Aspen Institute says the “public database that undergirds Bitcoin” will probably disrupt services this year. Isaacson states: “The time is ripe for the next iteration of services like Venmo that would allow me to zap money instantly to other people.” The Aspen Institute is....

21 Inc. Details Payment Capabilities for its Hardware

In an announcement posted to the company’s blog on Medium, 21 Inc. revealed details about the 21 Bitcoin Computer’s unique ability to facilitate micropayments between users. Updates to the group’s main consumer facing product, released in November 2015 and available for $400, now open unchartered possibilities for integration and usage of micropayments for Bitcoin fanatics, entrepreneurs and developers alike. 21 Inc. and Micropayments. The post reads: “Today we’re announcing the release of software and libraries to allow high frequency Bitcoin-based microtransactions between any pair of 21....

Cato Institute - Bitcoin Will Be Displaced by Cryptocurrencies with Superior Features

The renowned Libertarian public policy think tank The Cato Institute has a review by Steve H. Hanke of the book "New Private Monies: A Bit Part Player?" by free-banking expert Kevin Dowd, published by the Institute of Economic Affairs. According to Hanke, the book delivers a refreshingly accurate and straightforward assessment of Bitcoin, ignoring the hype that surrounds it. At this moment, the book can be freely downloaded in PDF format from the Institute of Economic Affairs website. Both Hanke and Dowd are persuaded that cryptocurrencies are the way of the future, with broad implications....