So much of the talk surrounding Bitcoin 2.0 has been extremely high-level and theoretical. Like we’re all sitting around, looking at this thing called the blockchain, philosophizing on its seemingly limitless non-financial applications. Then every now and then, someone steps up and actually does something about it.
The reason that’s interesting is that it provides incontrovertible proof of the existence of this particular song in this exact instantiation at a particular time. And it cost nothing to do. This is a perfect example of one of the myriad non-bitcoin related applications of the blockchain that will move it out of the realm of geeks and into the mainstream, non-financial transaction space.
I suspect that but for the Ripple/FinCEN situation eclipsing every other bitcoin related story, this would have been one of the top bits of news.