Bitcoin Revolutionizing Payments?

This is the most lucid case for bitcoin optimism I’ve seen:

http://mobile.nytimes.com/blogs/dealbook/2014/01/21/why-bitcoin-matters/?_php=true&_type=blogs&_r=0&utm_content=bufferab534&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

I’m willing to believe that bitcoin could become a valuable technology for online payments and help enable micropayments.  Perhaps calling it a currency is not the best word for what it’s future use could be – it would be more like the technology behind PayPal than the US dollar.  I think we are beginning to see the uses of this cryptographic breakthrough – and, unsurprisingly, they are not what we thought originally.

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