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Tommy Connolly, Class of 1974

Published: 20 July 2023

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• July 2023 Newsletter

Why was the Bitcoin Blockchain Invented?

Think about the launch of Amazon as a book seller in the 1990’s. They were competing against the strong incumbents: Barnes & Noble, B. Dalton, Borders and Brentanos. No one saw them as a true game changer as to how people would purchase books. They were more of a novelty and “could not” replace the experience of being in a store, browsing the bookshelves, physically touching and turning pages that were so much a part of the book buying experience. Amazon taught us that a new more efficient way to shop and transact was not only possible but over time became preferred.

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