Challengers I Told Ya ShirtChallengers I Told Ya Shirt
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The compassion of Bitcoin
1.
2. David Mondrus *From Kiev, emigrated to the US
in 80.
*Coding since 13
*In the .Com world in NY since
94
*Employee #5 at Bigfoot.com
*CTO at Bigstar.com
*CEO at OneModelPlace.com
*MBA from Columbia University
*Co-organizer of the West Palm
Beach Bitcoin Meetup
*Interested in Bitcoin since 11,
working in the space since 13
3. Protests in the 21st Century
2011 2011 Indian anti-corruption movement Asia India
2011 2011â12 Chilean student protests South America Chile
2011 Mexican Indignados Movement North America Mexico
2011 2011 Bolivian protests South America Bolivia
2011 2011â12 Spanish protests Europe Spain
2011 2011 Malawian protests Africa Malawi
2012 Yo Soy 132 North America Mexico
2012 2012 Ecuadorian protests South America Ecuador
2012 Idle No More North America Canada
2012 Belfast City Hall flag protests Europe
United
Kingdom
2013 2013â14 Romanian social unrest Europe Romania
2013 2013 protests in Turkey Europe Turkey
2014 2014 Venezuelan protests South America Venezuela
2014 Ukraine Independence Movement Europe Ukraine
2014 2014 Ferguson unrest North America United States
2014 Protest Against Massive Election Rigging Asia Pakistan
2014 Hong Kong Democracy protests Asia Hong Kong
2008 2008â14 Irish protests Europe
Republic of
Ireland
2010
Arab Spring Asia Algeria
Tunisian Revolution (Ended 2011) Africa Bahrain
2013â14 Tunisian protests (2013âpresent) Djibouti
2011 Omani protests (Ended 2011) Egypt
2011 Djiboutian protests (Ended 2011) Iran
Libyan Civil War (Ended 2011) Iraq
2011 Lebanese protests (Ended 2011) Israel
2011 Khuzestan protests (Ended 2011) Jordan
2011 Israeli border demonstrations (Ended 2011) Kuwait
2010â12 Algerian protests (Ended 2012) Lebanon
Yemeni Revolution (Ended 2012) Libya
2011â12 Somali protests (Ended 2012) Mauritania
2011â12 Moroccan protests (Ended 2012) Morocco
Jordanian protests (2011âpresent) Oman
Protests in Sudan (2011âpresent) Palestine
Bahraini uprising (2011âpresent) Saudi Arabia
Kuwaiti protests (2011â2012) Somalia
2011â13 Mauritanian protests Sudan
2011â13 Saudi Arabian protests Syria
Syrian Civil War Tunisia
Syrian Civil War spillover in Lebanon Western Sahara
2011 Palestinian protests Yemen
2012 Palestinian protests
2011 Iraqi protests
2012â13 Iraqi protests
2011âpresent Egyptian civil unrest
Under Hosni Mubarak
Egyptian Revolution of 2011
Under the Supreme Council of the Armed Forces
2011â12 Egyptian protests (February 2011 - June 2012)
2012 Egyptian protests (July 2012 â October 2012)
2012â13 Egyptian protests (November 2012 â July 2013)
Egyptian Revolution of 2013
2013 Egyptian coup d'ĂŠtat
Under the Supreme Constitutional Court
Islamist unrest in Egypt (2013âpresent)
4. So whatâs the problem?
Why are they so angry as to
Immolate themselves in Tunisia?
To protest while doing homework
in Hong Kong?
6. What do they want?
The demonstrations were precipitated by high unemployment, food inflation,
corruption,[10][11] a lack of freedom of speech and other political
freedoms[12] and poor living conditions.
http://chartsbin.com/view/2438
11. Wives of Wall Street
* Waterfall TALF Opportunity
* Waterfall TALF Opportunity boasts a couple of
interesting names among its chief investors:
Christy Mack and Susan Karches.
* Christy is the wife of John Mack, the chairman of Morgan Stanley. Susan is the
widow of Peter Karches, a close friend of the Macks who served as president of
Morgan Stanley's investment-banking division
* With an upfront investment of $15 million, they quickly received $220 million in
cash from the Fed, most of which they used to purchase student loans and
commercial mortgages. The loans were set up so that Christy and Susan would
keep 100 percent of any gains on the deals, while the Fed and the Treasury
(read: the taxpayer) would eat 90 percent of the losses.
* âwhen the state is lending money at zero percent and the banks are turning
around and lending that money back to the state at three percent, how is that
different from just handing rich people moneyâ â congressional aide
http://www.rollingstone.com/politics/news/the-real-housewives-of-wall-street-look-whos-cashing-in-on-the-bailout-20110411
12. Goldman and âregulatory captureâ
*Former bank examiner who is filing a wrongful termination lawsuit
against her employer, the Federal Reserve of New York, alleging
that she was fired for ânot going softâ on financial giant Goldman Sachs
*Hired into the Federal Reserve to monitor systemically significant
financial institutions after the Dodd-Frank regulatory overhaul
*In her short 7 months working there, she witnessed the crony
foundation of their lax oversight atmosphere, leading to what experts
call âregulatory capture.â
*Tense 40 minute meeting with Segarraâs boss as he repeatedly attempts
to persuade her to revert her conclusion that Goldman was missing a
policy in regards to any conflicts of interest,
notably in this event, a conflict of interest
in a deal between Kinder Morgan and El Paso.
*The following week she was fired, her phone
confiscated, and she was marched out of the
Federal Reserve offices in lower Manhattan.
https://www.cryptocoinsnews.com/carmen-segarra-
releases-secret-tapes-federal-reserve-corruption/
13. I think this century
will be the
separation of the
state and
everything.
14. Social change drives tech change
*From centralized to distributed
*From decision by dictat to decision by consensus
*From local to global
*From opaque to transparent
*1) Internet
*2) 3d Printing
*3) Currency
*4) ???
15. The Silent Generation (George H. W. Bush) 1922-1945
Markers: WWII, the Great Depression, Korean War, FDRâs New
Deal, Racial segregation; Advent of television, telephone,
mass production of automobiles, kitchen appliances,
phonographs
Cultural Transmission: Extended families, local social groups
(e.g., faith communities, fraternal organizations, PTAs,
neighborhoods)
Core Values: Respect for authority, loyalty, hard work,
sacrifice for the common good; âLive to work versus work to
liveâ
Generation X (Rand Paul, Obama) 1965-1980
Markers: Vietnam, Watergate, first post Civil Rights Act of
1964 generation, advent of MTV, latchkey experiences,
higher rates of divorce (40%); Americans with Disabilities Act
(1991)
Cultural Transmission: Peer culture and mass media
Core Values: Desire balance in their lives, diversity viewed as
norm, motivated by money, self-reliant, value free time and
having fun; âWork to live, not live to workâ; assumed gender
equality in the workplace; First generation to embrace the
personal computer and Internet
Baby Boomers (Bill Clinton/George W Bush) 1946-1964
Markers: Post WWII economic growth and prosperity; Civil
rights movements: Black Civil Rights, Womenâs Liberation,
Chicano Farm Workers Movement; U.S. Space program, Cold
War, Vietnam War; Birth control pill; Stonewall Riots
Cultural Transmission: More likely in nuclear families;
strongly influenced by television and peer group
Core Values: Grew up with sense that security was taken
care of â left room for exploration and protest; place high
value on youth, personal gratification, health, material
wealth; Generally optimistic, value hope and peace, and
believe their generation changed the world
Generation Y (Justin Amash, Roger Ver) 1980-2000
Approx 30% of the current population - greater in number
than Baby Boomers
Markers: Technology/menu driven society; most
racially/ethnically diverse (1 out of 3 is a person of color);
25% from single parent families; most educated generation â
No recollection of the Reagan era, do not remember the Cold
War, have known only one Germany, world has always had
computers, AIDS, answering machines, microwave ovens,
VCRs
Cultural Transmission: Access to global information via
World-Wide Web; Loyalty to peers and family; Relationship
with technology as social medium
Core Values: Most globally oriented generation;
âThe times they are a changinâ â Bob
Dylan, 1964
University of Iowa School of Social Work
http://www.uiowa.edu/~nrcfcp/training/documents/Participant%20Packet%20Intergen%20Dynamics.pdf
17. What else is a ledger?
*Elections (public, private)
*Accounting transactions
*Asset Ownership Records
*Stock trading
*Financial Instruments (stocks, bonds⌠)
*Contracts, WillsâŚ
*Degrees, Certifications, Medical records, Patents
18. How about:
* I. Financial
Instruments, Records
and Models
* Currency
* Private equities
* Public equities
* Bonds
* Derivatives (futures,
forwards, swaps,
options and more)
* Voting rights
associated with any of
the above
* Commodities
* Spending records
* Trading records
* Mortgage / loan
records
* Servicing records
* Crowd-funding
* Micro-finance
* Micro-charity
* II. Public Records
* Land titles
* Vehicle registries
* Business license
* Business incorporation
/ dissolution records
* Business ownership
records
* Regulatory records
* Criminal records
* Passports
* Birth certificates
* Death certificates
* Voter IDs
* Voting
* Health / Safety
Inspections
* Building permits
* Gun permits
* Forensic evidence
* Court records
* Non-profit records
* Government/non-
profit
accounting/transparen
cy
* III. Private Records
* Contracts
* Signatures
* Wills
* Trusts
* Escrows
* GPS trails (personal)
* IV. Other Semi-Public
Records
* Degree
* Certifications
* Learning Outcomes
* Grades
* HR records (salary,
performance reviews,
accomplishment)
* Medical records
* Accounting records
* Business transaction
records
* Genome data
* GPS trails
(institutional)
* Delivery records
* Arbitration
* V. Physical Asset
* Home / apartment
keys
* Vacation home /
timeshare keys
* Hotel room keys
* Car keys
* Rental car keys
* Leased cars keys
* Locker keys
* Safety deposit box
keys
* Package delivery (split
key between delivery
firm and receiver)
* Betting records
* Fantasy sports records
* VI. Intangibles
* Coupons
* Vouchers
* Reservations
(restaurants, hotels,
queues, etc)
* Movie tickets
* Patents
* Copyrights
* Trademarks
* Software licenses
* Videogame licenses
* Music/movie/book
licenses (DRM)
* Domain names
* Online identities
* Proof of authorship /
Proof of prior art
ledracapital.com/blog/2014/3/11/bitcoin-series-24-the-mega-master-blockchain-list
19. Crypto Ledgers as an OS
*Live contracts: Ethereum is a promising
application of programmability for Crypto
*âRealâ work coins: The process of mining only needs âPROOFâ
of work. The actual work itself is arbitrary. Mining can be
used for distributed parallel processing such as the BOINC
network of projects at Berkley.
*ND Coin: The CURRENT distributed mining network does more
computational work than Top 500 supercomputers
combined.*Mike Frank, Ph.D. MIT
20. Voting
Biometric registration
Paper receipt
Instant tally
Openly verifiable post close
Open Ledger Accounting
Publically accessible accounting
register
Easy to verify transactions and
profitability
Pit Coin
Restores trust to trading
Auto serialization of the Bid/Ask
Que
Peer to Peer, consensus
verification of funds
Delay of Bid/Ask position until
posting
Deeds
Storage of deeds in the block
chain
One chain per title company
and/or region
Resolves issues with MERS (who
really owns this property?)
22. Joyceâs family are âUndeededâ
⢠This the house we own in the Philippines
⢠We do not have title to the land the house
stands on
⢠This is an example of the âdead capitalâ
that Hernando de Soto talks about
⢠Being able to get financing is critical for the
long term health of her family
23. The power of Transparency
*Florida Teen Girl Charged With Felony
After Science Experiment Goes Bad -- 4/26/13
*Nearly 200,000 people signed an online petition
protesting her arrest, and her name trended on
Twitter for a few days.
*Several heavily trafficked websites wrote about
her case, saying that she shouldn't face felony
charges for a science experiment gone bad
*Cleared of Charges of Setting Off a School
Explosion, Florida Honor Student Heads to Space
Camp -- 5/13/13
Kiera Wilmot
24. Crypto enables transparency.
Transparency leads to fairness.
Fairness creates compassion.
TCL technology will allow us to
create a fairer, freer and more
compassionate society
Š David Mondrus, 2014iNation.io