Cryptocurrency and the 21st Century Paradigm Shift – Barron’s

To the Editor:

Crypto changes the pattern (“Bitcoin Goes Mainstream,” Cover Story, Oct. 22). Here’s why: When the economy goes through a paradigm shift, the embodiment of capital changes—18th century capital: farmland; 19th century capital: factories, machines, government bonds; 20th century capital: urban real estate, stocks.

Remember when the internet was once dial-up, hissing and beeping? It was originally invented for communication. It had no value until services were attached. Crypto platforms are a global paradigm…

Source: https://www.barrons.com/articles/cryptocurrency-and-the-21st-century-paradigm-shift-51635556355