By Naval Ravikant

Naval wrote this post back in 2014, explaining how Bitcoin was so much more than just an online currency. He walks through some of the potential applications of the technology, many of which have since started being worked on by startups.

“Most people are only familiar with (b)itcoin the electronic currency, but more important is (B)itcoin, with a capital B, the underlying protocol, which encapsulates and distributes the functions of contract law.”