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Emerging markets
Their way into computing is cellular devices
Open systems move fast - bitcoin is an open system
Some countries have banned bitcoin - bolivia is one
Philipines and Argentina have embraced it (check on that)
Other countries are issuing virtual currencies
Emerging markets are moving fast, and will adopt via mobile.
Mobile payments are the future there, and bitcoin is a great bridge for them.
Positioning bitcoin as a solution for the unbanked
As a way to transport money, any non-zero price works for bitcoin
Sitting on it is not a great idea for most people, though
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Stellar - not for profit - p2p xactions
consensus v. proof of work
suffering from consensus issues, forks, perhaps, but prob learning from it
open source
core protcol layer, example clients
developer meetup in the mission at double dutch tonight
educational programs - learn to use stellar in a challenged community - facebook auth - get some stellar
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investment
No one wants to be on teh wrong side of the wave - scott on adoption in finance
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Vitalik
Stoked about some apps
- cloud storage
- mesh networking (shared)
- permanent web - stuff stored on a decentralized web doesn't dissapear if any one node or service dies
- ethereum will pop out a prototype and add it tomist
Ethereum 1.0 march
Things that need research
Proof of stake - should be cheap to run compared to mining, but has issues
Reputation systems
Security, probably
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Peter
Scaling bitcoin
Easy if you trust miners
blockchain as tragedy of the commons - cerifying the blockchain is a cost born by anyone who wants to not have to trust others
bc connection utility
very inexpensive and will get cheaper to add hashes of things to bc
smart contracts
things we are seeing
decentralized marketplaces
decentralized organizations
think of a corporation as a collection of contracts
law
the simple stuff is going to go away
the complex stuff is going to need humans
think of everything as a collection of contracts and transactions and you have a pretty general problem environment
AI is going to get extremely good at cracking, and we'll need to have systems that make that harder
AI is going to have to understand and reason about contracts
Distributed orgs
can have a potentially more flat hierarchy, enabling easy voting and auto-governance
DAS - distributed autonomous society
Bitcongress - voting for das
Ethereum may lower the bar and make things very disruptive
device-device economy will be larger than human-in-loop economy
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IoT - pinochio - tryfilament.com
wireless computers are dropping down in size and price quick (a few bucks in volume)
device ids on blockchain - autodiscovery
telehash - secure open communication protocol for IoT devices
jose and pennybank - their smart contract and micropayment initiatives
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futurist panel
not storing private info with others is probably an idea that will spread
not having regulation in some industries will enable a ton of innovation
prediction market thing - it's possible that data that is somewhat suppressed is made available via pseudononimity and other aspects of blockchain tech
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Andre
O.k. andre is awesome - you have got to be there - amazing rant on regulation, finance, etc.
500MM on 500 startups during worst year
dumb network with smart edge - ala phone system - innovation at the edge is easy
financial regulators have proven that they do not protect consumers - privacy protects consumers - regulators are puppets with nothing to add
real-time economic research is generating value with bitcoin - that's new
p2sh.info
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