Monetary Maximalism

&
Millennial Finance
Building Decentralized Tooling to
Empower Everyone

chat.keep.network
Overview
1. Who the hell am I? Why should you care?
2. Why Empower Everyone?
3. How Millennials are Changing Finance
4. Crypto-Politics
5. Monetary Maximalism, Privacy, and Free Speech
6. Bringing BTC to DeFi - tBTC
7. Striving for Community Token Ownership
chat.keep.network
Hello!
I’m Kris Jones.
- Crypto social researcher
- Surveillance Studies and
Sociology
- Comms w/ Keep Network
If you’d like my twitter
handle, it’s @krisj_official
chat.keep.network
Hello!
I’m Kris Jones.
- Crypto social researcher
- Surveillance Studies and
Sociology
- Comms
You
can w/ Keep Network
me us
onli ually fin
ne h d If you’d like my twitter
ere
handle, it’s @krisj_official
chat.keep.network
Social concepts I’ve
explored in the crypto space
- Political Ideology
- Sub-culture and Prefigurative
Practice
- Disrupting Power Dynamics
chat.keep.network
- Actor-Network Theory Analysis
- Social risk theory
- The Future of Work/Resistance
to Work
- Crypto-Mining as Labour
Background
- Entered the crypto space in about 2014
- Wrote my Masters thesis on blockchain communities
and social implications of decentralizing power and
empowering individuals and communities.
- Focused on bridging the hacker/blockchain/social
science communities
- RadicalxChange
- Keep and tBTC

chat.keep.network
If you’re in the social sciences, I beg you to take crypto
more seriously

If you’re in crypto, I beg you to take the social sciences

more seriously

If you’re in security research, please tell both groups

when we’re full of shit and where our stuff is designed
poorly!

There are many mutually beneficial outcomes possible!

chat.keep.network
Why Empower Everyone?
- Crypto Anarchist Manifesto - T May
- Sovereign Individual - Davidson and Rees-Mogg
- Inventing The Future - Williams and Srnicek
- Coding Freedom - Coleman
One of the major social threads of crypto is about freedoms
and privacy in one way or another.
chat.keep.network
Keep is interoperability
& privacy infrastructure

Keeps are off-chain Random beacon uses true Threshold ECDSA keeps
containers for private data, randomness to ensure work allow for safer, more private
allows bridges between is done trustlessly. multisig.
public blockchains.

chat.keep.network
 2020
Fucking
Sucks
chat.keep.network
 brrr.money

“The Times 03/Jan/2009 Chancellor on

brink of second bailout for banks”
chat.keep.network
chat.keep.network
Ok, Boomer
- Many saddled with student
loan debt to pay for
administrators.
- Americans under 50 today are
much poorer than those of the
same age were 30 years ago,
while those over 65 are
wealthier.
- Social Security rewards
boomers handsomely, while
Goya // Saturn Devouring His Son
millennials can expect to take
out less than they put in.
chat.keep.network
 Stepping Over - Prefigurative Practice

chat.keep.network
Millennial Finance & #DeFi
- Cryptocurrencies are strongly correlated to youth: 22%
of all crypto mining took place on college campuses in
2019.
- Millennials are three times more likely than older people
to invest in crypto, and 60% of us believe crypto will be
widely accepted in the next ten years.
chat.keep.network
Financial Access is
Gated -
-
Banking the unbanked is just one social crypto meme.
Access to basic financial services won’t change the world
chat.keep.network - Could do some good though
Bitcoin and Privacy
Protests
- What is a privacy protest?
- Was BTC used in this way?
- Long-term Privacy an issue for most users in BTC -
Pseudonymous based on user action, KYC, mixed coin
blacklists, etc
- Worse privacy issues on Ethereum - everything is public
chat.keep.network
Schism and
Internet Politics
But Bitcoin had problems
- Politically
- Technically
Matt explored Ethereum. In that process, gained the
conviction that finance is a human right like free speech.

chat.keep.network
“I don’t believe the technology is ever “done”, so I’m a monetary
maximalist. We’re here because the real foes are the central
banks, not a rival blockchain.”
chat.keep.network
Finance as Speech
Open-Source Software
Key Features that we need:
- Censorship-resistance
- Permissionless use and innovation
- Composability

chat.keep.network
#DeFi
- Maker DAO and Compound
have gained significant traction
letting people earn interest on
savings and take out loans
- Crucial that access to such
applications is decentralized

chat.keep.network
 And that’s why we built tBTC.

chat.keep.network
tBTC is built on Keep
Help bring Bitcoin to DeFi
tBTC is a 1:1 BTC bridge on Ethereum.
▪ Earn & get leverage on BTC
▪ Trust-minimized design
▪ ETH bonded KEEP stakers secure
each Bitcoin deposit.

chat.keep.network
Here’s how it works:

chat.keep.network
Rewards Curve:

chat.keep.network
20% of KEEP’s
total supply
Public distribution via
stakedrop.

Look for KEEP’s Messari transparency report for more details.

chat.keep.network
If you don’t have
ETH to stake...
Join our incentivized testnet
Playing for Keeps and win
some KEEP!

chat.keep.network
 1,000,000+ KEEP
Awarded in month one

10,000,000 KEEP
Total rewards

50%
Submissions won KEEP
chat.keep.network
Thanks!
Any questions?
You can find us at
▪ Twitter:
□ @keep_Network
□ @mhluongo
□ @creckhow
□ @krisj_official
▪ Discord: https://chat.keep.network/ #welcome-stakedrop
▪ Github - github.com/keep-network
chat.keep.network