Bitcoin, Blockchain & Beyond
Download as PPTX, PDF0 likes729 views
This document discusses Bitcoin and blockchain technology. It defines Bitcoin as a decentralized, cryptographically secure peer-to-peer digital currency and open ledger with a fixed supply of 21 million units. While the supply is fixed, the document notes there is leakage from lost or inaccessible coins. It also questions the significance of the fixed supply number. The document then discusses the current state of Bitcoin adoption by financial services, big tech, merchants and investors as well as regulation. It predicts significant growth in Bitcoin merchants, ATMs and wallets by the end of 2015. In closing, it states that blockchain technology is open, disruptive and empowering as it ends centralized intermediaries.
Bitcoin, Blockchain & Beyond
- 1. BITCOIN, BLOCKCHAIN & BEYOND Inside Bitcoin – Seoul Andrew “Flip” Filipowski Founding Partner, Tally Capital @silkroadflip
- 2. Bitcoin is one of the greatest technological, financial, political, industrial & humanitarian inventions of our time…
- 5. WHAT IS BITCOIN? The “Internet of Value” Decentralized No Central Authority Cryptographically Secure Peer-to-peer Open Source Open Ledger Programmable Fixed supply of 21 million * Scarce Portable Recognizable Fungible Divisible Durable Transparent Store of Value
- 6. 21,000,000 Bitcoins Fixed for life ? Not really as there is lots of leakage More important is to understand how arbitrary this number is. It is really 21,000,000.00000000 The decimal point is a crock How do you make more? Well you just add another 2 quadrillion units to the end of the 2 quadrillion units that are already there.
- 11. CURRENT STATE OF BITCOIN FINANCIAL SERVICES BIG TECH MERCHANTS
- 12. CURRENT STATE OF BITCOIN INVESTMENT HUMAN CAPITAL INNOVATION REGULATION ADOPTION & ACCESS BITCOIN MERCHANT FORECAST (END 2015): 140,000 BITCOIN ATM FORECAST (END 2015): 750 BITCOIN WALLET FORECAST (END 2015): 12 MILLION
- 21. Potential Use Cases For Blockchain
- 22. •
- 27. Blockchain technology is open, disruptive and empowering – an agent of change – and ushers the end of the middleman. Johnston’s Law: “Everything that can be decentralized, will be decentralized.”
- 28. ONE MORE THING…
Editor's Notes
- #15: So who are the players backing these ventures? Some of the most notable backers include: (refer to slide)