IOS DEV MEETUP (DECEMBER 2013)

BITCOIN AND ITS

SO-CALLED MYSTERIES
PRESENTER: ANSON ZEALL
DISCLAIMER

The material in this presentation has been prepared by Anson Zeall of Stoxster
Capital LLP (and related entities) and is general background information about
Crypto Currencies and related matters. This information is given in summary form
and does not purport to be complete. Information in this presentation, should
not be considered as advice or a recommendation to investors or potential
investors in relation to holding, purchasing or selling securities or other financial
products or instruments related and does not take into account your particular
investment objectives, financial situation or needs. Startup Entrepreneurs, use the
information at your own risk. Before acting on any information you should
consider the appropriateness of the information having regard to these matters,
any relevant offer document and in particular, you should seek independent
financial advice. All securities and financial product or instrument transactions
involve risks, which include (among others) the risk of adverse or unanticipated
market, financial or political developments and, in international transactions,
currency risk.
MY BACKGROUND

• www.linkedin.com/in/ansonzeall (connect with me!)

• Ran a hedge fund since 2002 (college days)

• Entered the startup scene since mid-2012

• Interested in Bitcoin since early-2013

W H AT I S B I T C O I N ?

link: www.weusecoins.com
 LITTLE HISTORY AND
L E A R N I N G S O N ( FA I L E D )
CRYPTO CURRENCIES IN
GENERAL

• Many currencies before

Bitcoin - Digicash, eCash,
YodelBank, Liberty Reserve
etc. - ALL FAILED Why??

• US government clamp down

on the ones they feel are a
threat to their currency by
arresting the founder.
(Lesson - Founder exposure
leads to eventual melt
down)
CRITERIA FOR A SOUND CRYPTO-
CURRENCY

• Criterion #1 - Unknown Founders

• Criterion #2 - Decentralized

• Bitcoin has it all

PERSPECTIVES OF INTEREST

• Financial

• Economics

• Technology

• Political
FINANCIAL PERSPECTIVE

1. U S D
2. C E N T R A L
BANKS
TECHNOLOGY PERSPECTIVE

1. D E C E N T R A L I Z AT I O N
2. GHOST FOUNDERS
3. ANONYMOUS
4. PROTOCOL JUST LIKE HTTP
5. M O R E S TA R T U P S
PROVIDING EASY TO USE
APIS
BITCOIN’S FUTURE

1. U S D PA R I T Y ( 1 0 B I L V S 6 0 T R I L )
2. F I AT V S C R Y P T O
3. U N C E R TA I N T Y
4. OPPORTUNITIES
5. M O R E C O P Y C AT P R O T O C O L S L I K E
BITCOIN (E.G. LITECOIN, NAMECOIN,
XCOIN, XX,XXX)
6. SANCTIONED COUNTRIES
( C O U N T R I E S T H AT U S H AT E ) W I L L U S E
BITCOIN
KEEP IN MIND WHEN
S TA R T I N G A B I T C O I N S TA R T U P

1. FIND A LAWYER
ENTREPRENEUR
2. POLICIES CHANGE (BE
A L E R T AT A L L T I M E S )
3. S TAY G R E Y, D O N ’ T G O
TOO WHITE
4. WILD WILD WEST
N O TA B L E P R O B L E M S / O P P O R T U N I T I E S

• tedious transaction process

• adoption

• capital controls

• regulation
N O TA B L E S TA R T U P S

• giftcoins.me

• coinbase.com

• coinapult.com
ANGELHACK

W H AT W E D I D
TWO MORE CHARTS
TWO MORE CHARTS (CONT’D)
F. A . Q .

• Just Ask. There’s just way too many of the same

questions to form a FAQ here. :)