GOTO 2014 • How the Bitcoin Protocol Actually Works • Jan Møller
This presentation was recorded at GOTO Aarhus 2014
http://gotocon.com
Jan Møller – Principal Engineer at Mycelium and expert on bitcoin
ABSTRACT
A solution to a problem that by many scientists was believed impossible to solve was proposed in 2008 by Satoshi Nakamoto. Since then the bitcoin network has grown to be the biggest distributed computer in existence.
In this talk I will explain how bitcoin works at a technical level and discuss other possible applications of 100% decentralized networks.
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The IMF (International Monetary Fund) or as I like to call them – International Mafia Federation – is showing its true colors and proving beyond question this organization is nothing more than street-corner-thugs in high priced suits.
With the release of this latest working paper on how to enslave nations, steal the remaining sovereignty of the people and the nations they have drawn up plans to force a cashless society upon all the people within IMF member nations.
The International Monetary Fund (IMF) in Washington has published a Working Paper on “de-cashing”. It gives advice to governments who want to abolish cash against the will of their citizenry. Move slowly, start with harmless seeming measures, is part of that advice.
In “”, IMF-Analyst Alexei Kireyev recommends in his conclusions: Although some countries most likely will de-cash in a few years, going completely cashless should be phased in steps. The de-cashing process could build on the initial and largely uncontested steps, such as the phasing out of large denomination bills, the placement of ceilings on cash transactions, and the reporting of cash moves across the borders. Further steps could include creating economic incentives to reduce the use of cash in transactions, simplifying the opening and use of transferrable deposits, and further computerizing the financial system.
This presentation was recorded at GOTO Aarhus 2014
