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.
Tuur Demeester is an early investor and advocate of Bitcoin. He…
Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.
Universidad Francisco Marroquín