This presentation by Fred Ehrsam (CEO of CoinBase) was shared on AVC yesterday, and I thought it was worth highlighting here.
While I don’t think many people will be buying houses with BitCoin anytime soon, I do think the technology can enable some interesting businesses for new agent/broker focused technologies. Historically, a known business model is building a software offering and charging $19.95 or $29.95 per month. With BitCoin, maybe we will see $2.99 or $4.99 offerings that gain significant traction. Of course, the challenge is still distribution and reach… agents and brokers are an expensive segment to reach.