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Bitcoin payments are just the beginning | #PennydropMoment with Lorien Gamaroff

– My name is Lorien Gamaroff and I'm the CEO of a company called Centbee which is a Bitcoin wallet When I first heard about it in late 2010, I've been a software engineer for a long time

I remember reading about it in some forum about this new cryptocurrency but I didn't really pay attention at that stage I wasn't really excited about money At least, how it works and so on but what really struck me was an article that came out in 2011 about this website that was using Bitcoin as a payment method That was really when the penny dropped because, I thought, well if this can be used in a transactional way, if people can actually use this to buy things online, then this is going to definitely work Even though the story itself was about an elicit company that eventually got shut down, that showed the actual use of Bitcoin and I mean, that was just the first, that was just the tip of the iceberg