What was going on 15 years ago? Oh, yeah! The dot-com bust. Ecommerce will never NEVER supplant brick-n-mortar. Oh, no. Never. Oops! It did.

15 years before that (actually 12 years in this example)? Pre-web. I was talking to my mother about this thing called the Internet and that I could talk to people around the globe for free or nearly free, send them this thing called "email". I told her: Mark my words, this will change the world. She didn't believe me. You are effectively... my mother in this example.

It did change the world. Ecommerce did (with the "sin markets" driving the first expansion, ironically). Bitcoin, or something that is very similar to it, certainly will change the world as well. And if it doesn't as "Bitcoin the currency" the underlying technology (a real breakthough by the way) will -- because a blockchain successor to our global financial infrastructure is already on the drawing board by all the big banks. That's already in motion. It's going to happen.

The Facebooks, Apples, Googles, Paypals of the world are going to make a landgrab to capture the money transfer market, I suspect. Paypal had a bit of a lock on that market for sometime, but only in some markets. And it was slow. Fraught with fraud (as is the current CC market). You can pay folks now in Facebook's two chat applications (Messenger and Whatsapp). It's only another step to integrate bitcoin. Paypal already has for their merchant services stuff.

Anyway... a world change is happening. Right in front of you. And you are not seeing it. Will it be "Bitcoin" capital "B" that replaces world currencies? Maybe, maybe not. But the technology is going to weave into everything and *fast*. So very quickly. There is going to be a slugfest on both the technology side and the currency side. What it looks like in 15 years is hard to tell. Bitcoin has a nice head start, but this industry is still the Internet/web of 1993 or 1995.