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Immaculate BitCoins

Published on Nov 18, 2015

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PRESENTATION OUTLINE

1.

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2.

FIAT

CURRENCY, SECURITY AND THE FUTURE OF BITCOIN
Photo by Gamma Man
3.

WHAT IS FIAT CURRENCY?

MOST MODERN CURENCIES ARE FIATS, THEY ARE VALUABLE
Photo by coffeego
4.

EXCEPT THAT THEY'RE NOT

Photo by Great Beyond
5.

"FIAT MONEY COULD NEVER ARISE IMMACULATELY"

HANS-HERMAN HOPPE, 1994
Photo by bkcasteel
6.

THE STATE DOES NOT HAVE INVISIBLE HANDS

Photo by VinothChandar
7.

DIGITAL CURRENCY

YOU PROBABLY ALREADY CONDUCT MOST BUSINESS THIS WAY
Photo by Leo Reynolds
8.

ALTERNATIVES

TODAY, CURRENCY OPTIONS BEYOND THE NATION STATE ARE AVAILABLE
Photo by Ian Sane
9.

HOW BITCOIN CAME TO BE

"WEI DAN" 1998 OR "SATOSHI NAKAMOTO" 2008
Photo by Stian Eikeland
10.

HOW IT WORKS

BITCOIN MINING AND THE COIN LIMIT
Photo by ˙Cаvin 〄
11.

BUT IS IT MONEY?

WHAT QUALIFIES AS CURRENCY?
Photo by wbeem
12.

FIAT CURRENCY

Photo by zilverbat.
13.

MEDIUM OF EXCHANGE

DARK ECONOMY, LEGITIMATE ECONOMY
Photo by szeke
14.

BITCOIN EXCHANGE LIMITS

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AS A UNIT OF ACCOUNT

APPLE SAUCE COST WAS 1.211 BTC FOR 300 OUNCES YESTERDAY
Photo by @Doug88888
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AS A STORE OF VALUE

Photo by Frank Wuestefeld
18.

DO WE HAVE TO HAVE A CENTRAL AUTHORITY?

19.

REIGNING IT IN

Photo by morganglines
20.

WHY DOES ANYONE USE IT?

Photo by martinak15
21.

HAVEN

ARGENTINA: 25% ANNUAL INFLATION, CYPRIOT BANK FREEZE
Photo by Hindrik S
22.

WHY CAN'T THE NETWORK ATTRACT A REGULATOR?

AND WOULD IT REALLY WANT TO?
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CRIMINAL ASSOCIATION

Photo by garryknight
24.

NICHE MARKETS

Photo by marc falardeau
25.

FEAR OF VOLATILITY

Photo by TekInvestor
26.

HOWEVER

SORRY HANS
Photo by id-iom
27.

WHERE IS IT HEADED?

28.

IN THE SHORT TERM

Photo by Mylla
29.

ULTIMATELY

Photo by Stuck in Customs
30.

QUESTIONS

31.

THANKS FOR LISTENING

HERE IS A WHALE SHARK, THEY'RE FRIENDLY
Photo by NothingToDeclare

Adam Locke

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