Entrepreneurship & Blockchains
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@SDWOUTERS Blockchains Entrepreneurship &
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Transcript of Entrepreneurship & Blockchains
@SDWOUTERS
BlockchainsEntrepreneurship &
I explain to people why Bitcoin & Blockchain matter, how they work
and what you can do with them
Sam Wouters
@SDWOUTERS
‣ We are a digital consulting company.
‣ Founded in 2009.
‣ We work for large European clients.
‣ We have a strong vision on the impact of digital and act accordingly.
‣ We are advisors, writers, coaches and entrepreneurs.
?
@SDWOUTERS
One of many DISRUPTORS
@SDWOUTERS
“bitcoin is digital money”
Who has heard of Bitcoin before today?
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The first thing bought with 10.000 Bitcoins in 2010
@SDWOUTERS
Is worth over €10 Million today at €1000 per BTC
@SDWOUTERS
@SDWOUTERS
Peer-to-peer transfers before Bitcoin
Give a digital copy, not the original
Doesn’t work for money
We needed middlemen to do transactions
Now we can do them directly
@SDWOUTERS
“bitcoin is digital money”
Who has heard of Bitcoin before today?
Positive image? Negative image?
Who fundamentally
understands Bitcoin?
No idea?
@SDWOUTERS
Media that predicted The Death of Bitcoin
Deaths by publication:
DailyPaulCNNCity A.M.ChronBroken Librarian BTC Feed Business InsiderBloombergAbout.com Acton BizNews.comArduino TronicapenwarrAOL
Financial TimesFester’s DenDavid Seaman FortuneForbesFool.com FusionGizmodo Australia IEX International Business Times Javamazon Moneygeek
MyBroadBandMother Jones News.com.au NewStatesman NY Mag OUI Share
The New York TimesThe KernelThe Calculating InvestorStreet InsiderSputnik NewsPYMNTS.com Reuters Robert Nielsen Salon Seeking Alpha
The Underground EconomistThe Telegraph The Washington Post The Weekly StandardUSA Today Valley News VICE News Wired YahooWall Street Daily
@SDWOUTERS
Bitcoin’s best days must be over!
Bitcoin is dead!
@SDWOUTERS
Banks: Bitcoin can’t work, it’s all about the Blockchain
@SDWOUTERS
Bitcoin transfer digital ownership
without a middleman
The blockchain a database that records
ownership throughout time
What’s the difference?
1/4 components
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Corporations want to use blockchains to work together a bit more efficiently
@SDWOUTERS
Corporations want to use blockchains to work together a bit more efficiently
@SDWOUTERS
A blockchain by itself is BORING
Block 1 Block 2 Block 3
Fingerprint of block 0
Fingerprint of block 1
Fingerprint of block 2
Transactions Transactions TransactionsTransactions
Fingerprint of block 2
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But what if it is open to everyone?
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@SDWOUTERS
and you can earn money for protecting it?
Digital Gold
We are here 16/21M BTC
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and only you own your money?
You get a network 47.000x stronger than the top 500 supercomputers in the world
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A global, censorship resistant financial network
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@SDWOUTERS
8+ years of non-stop growth
193M 451K $260M $132B
Transactions Blocks in the blockchain
in transactions per day currently
Transferred over the blockchain
484M 16M $16B 160K
bitcoins transferred over the blockchain
Amount of Bitcoins that currently exist
Value of all bitcoins
companies (indirectly) accept bitcoins
@SDWOUTERS internetlivestats.com/internet-users/
Driven by the same force as the Internet: Open innovation
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Creates huge value for consumers, economic growth, jobs
@SDWOUTERS
Innovation drops the cost of almost everything
$0
$25.000
$50.000
$75.000
$100.000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Drones 3D Printer Sensors
@SDWOUTERS
Except transactions…
0,0%
2,5%
5,0%
7,5%
10,0%
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Global avg cost to send $200
remittanceprices.worldbank.org/sites/default/files/rpw_report_december_2016.pdf
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Yet we can do THIS?
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@SDWOUTERS
Bitcoin brings a 3-100x cost reduction
0,0%
2,5%
5,0%
7,5%
10,0%
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Global avg cost to send $200 Bitcoin Bitcoin + currency conversion
remittanceprices.worldbank.org/sites/default/files/rpw_report_december_2016.pdf
@SDWOUTERS
The next step:
Livestreaming Money
If Bitcoin is so great, why isn’t everyone using it?
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@SDWOUTERS
‣ Bitcoin is only 8 years old, it still needs a lot of development.
‣ We have never tried THIS before and it is about MONEY, not info.
‣ It’s like the Internet in the 90s:
‣ People don't get it. ‣ It looks ugly. ‣ We have few use cases. ‣ People don’t see how it will
change the world. ‣ Those who are disrupted by it
will do everything to stop it. ‣ Mainstream 10 years later ‣ Mass adoption 20 years later
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Logical Evolution
INTERNET Transfer information
BLOCKCHAIN Transfer ownership
TEXT PROGRAMS VIDEOS
MONEY CONTRACTS PATENTS ASSETS
IMAGES
Money is the tip of the iceberg
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What other opportunities are out there?
Finance
Internet of Things?
Energy?
Supply chain?
Identity? Property?
Legal?
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Private blockchains may have “use cases” like intranets do
Intranets“Private” Blockchains
The InternetThe Blockchain
@SDWOUTERS
The open Blockchain will create the most value
The InternetThe Blockchain
>Intranets
“Private” Blockchains
@SDWOUTERS@SDWOUTERS
What are you waiting for?
