Technology

Coffee, Butter and Bitcoin

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My morning cup of coffee with grassfed butter in Amsterdam. This is such a luxury as there is not one single brand of grassfed butter in Norway (where I was born and still temporarily live). I guess I could find a way to mail order a box of Kerrygold, but places like amazon don’t ship edibles to Norway, and the customs system is a bureaucratic mess of high taxes … *le sigh*. Time to get out … anyway, I’m in Amsterdam for the bitcoin convention this weekend. Never heard of bitcoin? Ok, let me give you a quick introduction! 

Bitcoin allows you to pay with your smartphone instantly, with a few seconds delay, to anywhere on the globe completely without transaction fees. It is safer, faster and cheaper than anything like PayPal, Visa or Mastercard. Visa and Mastercard weren’t designed for the internet. Bitcoin is. Its security is based on cryptography rather than a third party like a bank or credit card company. Let’s not go into the detail, but you had to leave the fastest existing computer working practically eternally to guess the astoundingly large numbers protecting bitcoin.

Bitcoin

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If desired, bitcoin is anonymous. Bitcoin will make it possible to donate to charity so that 100% of the money will go to those who need it – because the donations happen without all the third parties who always need their share. Crowdfunding will be super easy. Sending money to loved ones in a distant country will be instant and free. WordPress (this web hosting service) actually accepts bitcoin as subscription payment. See bitcoin.org for more information (and a cool introduction video).

So back to the butter: it is both with unbearable delight and frustrated despair that I consume this golden, caffeinated brew. Imagine living in a dark cellar for most of your life – you know there is something called “the sun” up there, and that it is beautiful; yet you’ve never seen it. Then you’re let out for a few hours into dashing sunlight, but knowing it is only for a short time you appreciate it bittersweetly. That’s how I feel eating grassfed butter. See you guys!