29 Mar '13, 7pm

Bitcoin: The Cyberpunk Cryptocurrency

Bitcoin is touted for its many improvements to traditional currency. It is easy to transfer, requires no central authority to administer, works across political boundaries, and is easy to use. But beyond the practical niceties and technical implementation details is the true intention of its inventor, Satoshi Nakamoto, who has now vanished and is unable to tell his story. Bitcoin is trying to solve a much larger problem: the economic instabilities of paper currency that fundamentally affect us, change the nature of business in our economy, make it hard for us to put valuations on things, and lead to a cyclical, chaotic economy of prosperity and recession that is both wasteful and ravaging to the progress of humanity and the stability of our lives. In this talk, I will demystify currency and delve into the fundamentals of economic exchange. I will discuss how currencies wor...

Full article: http://www.slideshare.net/KyleDrake/bitcoin-the-cyberpunk...

Tweets

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