Control Your Data: How Bitcoin Is Powering the Future of Digital Identity - Mike Carson

Business Bitcoinization

Nov 22 2024 • 34 mins

DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

This free, 27-page resource includes:

  • Six ways ANY business can benefit from Bitcoin
  • Some of the best Bitcoin-only businesses to partner with
  • Key Bitcoin concepts for people getting started

Mike Carson, founder of Spaces Protocol, is revolutionizing digital identity with a decentralized system on Bitcoin that empowers user control. As the owner of Friendster.com, he’s planning a reboot to give users ownership of their data. Previously, Carson founded and exited Park.io, co-founded WizeHive, which hit $10 million in revenue and managed three ICANN-accredited registrars. An early Bitcoin advocate, he’s been active in the community since 2013, running one of the first Lightning nodes and pioneering real-world Bitcoin transactions.

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TAKEAWAYS

  • Mike Carson emphasizes the importance of decentralized identity, allowing users to own their names without third-party control.
  • The Spaces Protocol offers a new approach to digital identity using Bitcoin, enabling user empowerment and data ownership.
  • Early Bitcoin adopters, like Carson, see the potential for newcomers to still benefit from buying bitcoin today.
  • Carson's experience with the Lightning Network illustrates the importance of being involved in emerging technologies early on.
  • The auction system for names in the Spaces Protocol ensures fairness and prevents domain squatting by individuals.
  • Understanding bitcoin's simplicity can help demystify it for those who are new.

SHOW PARTNERS

Mentioned in this episode:

Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

Velas Commerce: Biz Tech Meets Bitcoin

DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE