Transcript
  • 00:00    |    
    Initial credits
  • 00:12    |    
    Dispelling myths around Bitcoin
    • Is Bitcoin a bubble?
    • Cryptocurrencies are disruptive technologies
    • Why is Bitcoin so volatile?
  • 09:10    |    
    Cryptocurrencies vrs. old money systems
    • Unsustainable debt
    • From bail-out to bail-In
    • Risks today
  • 15:53    |    
    Bitcoin as a future solution
    • Thriving bitcoin markets
    • A financial system of last resort
    • Potential in emerging markets
  • 18:23    |    
    The future value of bitcoin
    • The growing adoption curve
    • Potential price growth
  • 24:36    |    
    Questions and comments section
    • When Bitcoin reaches its price plateau, will its price remain stable? Will people shift to other cryptocurrencies? What is the overall impact ofn Bitcoin?
    • Is there a risk of countries colluding to destroy Bitcoin?
    • What will happen to global banking and offshore accounts, due to the reduced price of transactions that Bitcoin offers?
    • How does Bitcoin work? If I have Bitcoin, what can I purchase with it?
    • What happens if the price of a Bitcoin is higher than the item you want to purchase?
    • Is Bitcoin backed up by a commodity?
    • What would happen if someone hacked the Bitcoin network?
    • Is it better to invest in Bitcoin mining, or to invest directly in Bitcoin?
  • 41:28    |    
    Final credits


Why You Should Invest in Bitcoin

New Media  | 22 de enero de 2014  | Vistas: 94

Tuur Demeester speaks about Bitcoin, the universal, open-source software payment system recently unveiled in 2009, and the unit of account that goes by the same name. Bitcoin is a medium of exchange catalogued under the definition of a cryptocurrency - designed around secure, peer-to peer trades of information, with no mediator between parts. This “Gold 2.0”, Demeester explains, is an ideal example of a new, disruptive technology of mass appeal that holds myriad potential benefits for investors.

He encourages the audience to look past the young currency’s justified volatility and bubble behaviors, presenting it as a future solution to bank bail-in’s, capital controls, bond crashes, and other risks posed by traditional money systems. As the S-shaped adoption curve for Bitcoin advances, this virtual currency remains a promising “financial system of last resort”, boosted by its openness, guaranteed user autonomy, and an ever-growing potential for value.

 

 

 

 


Conferencista

Tuur Demeester is an early investor and advocate of Bitcoin. He…