After Shanghai, I am in New York now.

I have not been really able to communicate the power of BitCoins. What gets me so excited about it. So I will try.

In fact things do not look exciting at all if you see it as another method of payment. Visas and dollars of the world do a good enough job of it.

Where BitCoins make a big difference is its ability to do new things that were never possible before.

Imagine this:

1. Earlier you used to put money in a bank for safe keeping and they used to pay interest. Although the interest accumulation could make you feel that your deposits are growing, in actual they were decreasing in net purchase value even after compounding interests due to inflation.

In BitCoin world you simply hold BitCoins in your wallet. It will not pay you any interest. But after lets say 4 years its value will be more than bank deposit in cash + interest.

You are the your own bank now.

2. Opening an offshore bank account is ridiculously difficult due to impossible laws.

Now all you have to do is to put your money in your BitCoin Address and get cash back anywhere in the world where BitCoin ATMs are tolerated.

3. Earlier if you were an entrepreneur, you had to run around a venture capitalist for funding. Now you can directly raise funding in ICO (Initial Coin Offerings). You do have to prove that you have a great idea. But your investors are not one big VC but multiple smaller communities all over the world who empathize with your ideas.

4. Earlier you used to go to stock exchanges for listing. Now you go to "Bank of the future" for raising finances and returning investments back to investors without going through tonnes of paperwork. You create your own terms and conditions.

5. And the best part .. All your pitches need to be made to existing BitCoin users themselves. There is no need to appeal to people who do not understand BitCoins. BitCoins community is big enough to make a big difference. It is very passionate, calls our fake BS ideas ruthlessly, backs truly ingenuitive ideas and is not bounded by geographical barriers.

6. I am going to try some of these ideas with this fascinating community in this trip itself. That really makes me excited. To be still early in something I think is world changing.