• RockStable

More on ALT Seattle Conference: Ken was asked, "When is Blockchain the right solution?" To which Ken gave a cryptocurrency answer, which is a great answer given that this was a conference for finance people on alternative investments.


Just to give a backgrounder on this: people use the term "blockchain" to mean the technology of blockchain in which cryptocurrency is just one use case. (The fact of the matter is that blockchain was invented to solve the problems with fiat money.) For many intellectuals, the term "blockchain" is distinct and separate from cryptocurrency; blockchain is a technology on its own quite apart from its cryptocurrency use case. The term carries with it an undercurrent of condescension to people in the cryptocurrency world: it allows intellectuals who have pure academic motives to talk about the technology while being removed from the worldly affairs of money.


Ken's answer starts at about 6:10.



https://www.marketsgroup.org/forums/alts-sea-2019

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  • RockStable

Updated: Oct 7, 2019

What do you say when you meet one of the Billionaires behind the Bitcoin movement?

Tim: "I invested in Hotmail a long time ago; most recently I invested in Tesla, SpaceX, Coinbase, and Bitcoin..."

Patrick: "Wow. Fantastic. I am invested in RockStable."


OK, that's meant to be a joke, but the audio in the video below is so bad we could just as well replace the conversation with the above lines. The whole point here is that Patrick did manage to get his face time with Tim.



https://www.marketsgroup.org/forums/alts-sea-2019

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