Chamath Palihapitiya: Facebook can help bring mass adoption to Bitcoin
According to former Facebook executive and venture capitalist Chamath Palihapitiya, adding identity to the pseudo-anonymous Bitcoin currency will help legitimize it. In it’s current state, Bitcoin transactions are anonymous to an extent. Bitcoin addresses and transactions don’t carry any identity, and could be kept anonymous by the owner if they wanted. But in the public Bitcoin ledger, the block chain, all transactions can be viewed and analysed by anyone.