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  • Bitcoin and The End of Collectivism

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    dtuur
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    Presentation given at the Atlanta CryptoCurrency Conference, on october 5th 2013.

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    Bitcoin and the End of Collectivism

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    Presentation given at the Atlanta CryptoCurrency Conference, on october 5th 2013.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    271 views17 pages

    Bitcoin and The End of Collectivism

    Uploaded by

    dtuur
    Presentation given at the Atlanta CryptoCurrency Conference, on october 5th 2013.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 17

    Bitcoin and the end of collectivism

    Trend: collectivism

    Trend: collectivism

    Trend: collectivism

    Bitcoin

    Bitcoin
    Mobile Open source Decentralized network Cryptographically secured Toddler phase
    Niche industries Primitive stock & loan markets

    Bitcoin credit market

    The real bill / bill of exchange

    The real bill / bill of exchange


    Sale on credit with order to pay in xx days For consumer goods in high demand Extinguishable debt Bottom up, consumer driven Contracts can be tradeable

    Advantages
    Fraud is more difficult, because investments serve directly to purchase lower order goods from the producer Not inflationary Helps solve volatility problem Tradeable contracts General interest rates are replaced by case by case, dynamical discounts

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