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IOS DEV MEETUP (DECEMBER 2013

)

BITCOIN AND ITS
SO-CALLED MYSTERIES
PRESENTER: ANSON ZEALL

any relevant offer document and in particular. which include (among others) the risk of adverse or unanticipated market. financial or political developments and. . All securities and financial product or instrument transactions involve risks. This information is given in summary form and does not purport to be complete. in international transactions. currency risk. financial situation or needs. should not be considered as advice or a recommendation to investors or potential investors in relation to holding. use the information at your own risk. Startup Entrepreneurs. you should seek independent financial advice. Before acting on any information you should consider the appropriateness of the information having regard to these matters.DISCLAIMER The material in this presentation has been prepared by Anson Zeall of Stoxster Capital LLP (and related entities) and is general background information about Crypto Currencies and related matters. Information in this presentation. purchasing or selling securities or other financial products or instruments related and does not take into account your particular investment objectives.

com/in/ansonzeall (connect with me!) • Ran a hedge fund since 2002 (college days) • Entered the startup scene since mid-2012 • Interested in Bitcoin since early-2013 .MY BACKGROUND • www.linkedin.

weusecoins.com .W H AT I S B I T C O I N ? link: www.

YodelBank. . eCash.Founder exposure leads to eventual melt down) .ALL FAILED Why?? • US government clamp down on the ones they feel are a threat to their currency by arresting the founder. Liberty Reserve etc.Digicash. (Lesson . LITTLE HISTORY AND L E A R N I N G S O N ( FA I L E D ) CRYPTO CURRENCIES IN GENERAL • Many currencies before Bitcoin .

Decentralized • Bitcoin has it all .CRITERIA FOR A SOUND CRYPTO- CURRENCY • Criterion #1 .Unknown Founders • Criterion #2 .

PERSPECTIVES OF INTEREST • Financial • Economics • Technology • Political .

FINANCIAL PERSPECTIVE 1. U S D 2. C E N T R A L BANKS .

D E C E N T R A L I Z AT I O N 2. ANONYMOUS 4.TECHNOLOGY PERSPECTIVE 1. GHOST FOUNDERS 3. M O R E S TA R T U P S PROVIDING EASY TO USE APIS . PROTOCOL JUST LIKE HTTP 5.

SANCTIONED COUNTRIES ( C O U N T R I E S T H AT U S H AT E ) W I L L U S E BITCOIN . OPPORTUNITIES 5.XXX) 6. NAMECOIN.G.BITCOIN’S FUTURE 1. XCOIN. F I AT V S C R Y P T O 3. LITECOIN. U N C E R TA I N T Y 4. U S D PA R I T Y ( 1 0 B I L V S 6 0 T R I L ) 2. XX. M O R E C O P Y C AT P R O T O C O L S L I K E BITCOIN (E.

KEEP IN MIND WHEN S TA R T I N G A B I T C O I N S TA R T U P 1. S TAY G R E Y. WILD WILD WEST . D O N ’ T G O TOO WHITE 4. FIND A LAWYER ENTREPRENEUR 2. POLICIES CHANGE (BE A L E R T AT A L L T I M E S ) 3.

N O TA B L E P R O B L E M S / O P P O R T U N I T I E S • tedious transaction process • adoption • capital controls • regulation .

com .me • coinbase.N O TA B L E S TA R T U P S • giftcoins.com • coinapult.

ANGELHACK W H AT W E D I D .

TWO MORE CHARTS .

TWO MORE CHARTS (CONT’D) .

Q . • Just Ask. A .F. There’s just way too many of the same questions to form a FAQ here. :) .