Bitcoin Might Fail but the Blockchain is Here to Stay | WIRED Retail | WIRED

Brock Pierce: Bitcoin might fail but the blockchain is here to stay - Full WIRED Retail talk Subscribe to WIRED ►► po.st/SubscribeWired Bitcoin could end up being the MySpace of cryptocurrency, but the underlying technology powering new payment methods is here to stay. That's according to Brock Pierce, a tech entrepreneur with his eyes firmly fixed on cryptocurrencies. "By having a baseline protocol that allows you to innovate around finance, a lot of interesting things can happen," he says. The protocol Pierce is talking about is the blockchain -- a public, transparent ledger that gives a chain of transactions that is secure and reliable. CONNECT WITH WIRED Web: po.st/VideoWired Twitter: po.st/TwitterWired Facebook: po.st/FacebookWired Google+: po.st/GoogleWired Instagram: po.st/InstagramWired Magazine: po.st/MagazineWired Newsletter: po.st/NewslettersWired ABOUT WIRED WIRED brings you the future as it happens - the people, the trends, the big ideas that will change our lives. An award-winning printed monthly and online publication. WIRED is an agenda-setting magazine offering brain food on a wide range of topics, from science, technology and business to pop-culture and politics. Bitcoin might fail but the blockchain is here to stay | WIRED Retail | WIRED youtube.com/wireduk

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