keynote presentation: the future of money? mr. raphael ...€¦ · mr. raphael paulin-daigle...
TRANSCRIPT
Keynote Presentation: The future of money?
Mr. Raphael Paulin-Daigle Founder & CEO
Ducatflow
Why bitcoin is a natural evolution of
money
…and how it can disrupt all
industries.
Raphael Paulin-Daigle @Rpaulindaigle
2000 B.C.
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www.ancientegyptianfacts.com
www.rosenblumcoins.com
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www.rosenblumcoins.com
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http://coinquest.com/cgi-data/cq_ro/response_380/ancient_rome_vespasian_victory_sestertius.jpg
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Store of Value
Medium of
Exchange
Unit of Account
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1797
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1492
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http://upload.wikimedia.org/wikipedia/en/thumb/0/06/Philip_V_Coin.jpg/800px-Philip_V_Coin.jpg
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http://www.bergbook.com/images/16978-01.jpg
http://darkcreek.com/united_states_currency/united_states_one_dollar_bill/money-1-old.jpg
Coinage Act 1857
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Why?
Financial
5.6 hours annually
Clock designed by Erin Standley from the Noun Project
Bank designed by Emily L from the Noun Project
30-50 fees
Receipt designed by Brandon Manning from the thenounproject.com
Data: MarketWatch
AVG Bank fees
$250 bn/year
15+ % fees
bank revenues
Instant
Free
No Fees
Secure
Easy
Derivatives Markets
Stocks
Solutions?
Centralized authority
Built on ancient principles
Payment
Processors
Payment
Hardware
Money
Transfer
Bank
Software
$381bn $25bn $14bn $37bn
Data: CoinDesk State of Bitcoin Report
Total market cap to be disrupted :
$546 bn+
Mobile Payments
Micro Payments
In-store Payments
Online Payments
Retail
Tipping content
Loans
Voting
Music
distribution
Copyrights
Transfer of property
Insurance
"Eventually mainstream products, companies and industries
emerge to commercialize it; its effects become profound;
and later, many people wonder why its powerful promise
wasn’t more obvious from the start. What technology am I
talking about? Personal computers in 1975, the Internet in
1993, and – I believe – Bitcoin in 2014”
~ Marc Andreessen, Founder of Netscape
