Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: ChrisJ on July 10, 2014, 09:11:43 AM



Title: The Bitcoin Elites at Coinsummit
Post by: ChrisJ on July 10, 2014, 09:11:43 AM
Ghash.io, Cex.io Coindesk, Bitcoin Foundation all under one very exclusive roof in Canary Wharf, the financial fraud capital in the world. At £720 per ticket for entrepreneurs this is an interesting approach to a decentralised network that empowers the individual.


If you don't know Canary Wharf, it's rather like Dubai without the weather.

So if you have something to say you can watch the content for free on their Livestream (http://livestream.coinsumm.it/) and have your say on Twitter #Coinsummit (https://twitter.com/search?q=coinsummit) (I believe they have the hashtag up on their big screen at the venue).

I am watching it now, if I get significantly annoyed by the elitism I may be moved to do a show on World Crypto Network (https://www.youtube.com/user/WorldCryptoNetwork) and I would be keen to get any insight from you guys here. Are events like this harmful or do you think it's just a load of old money trying to stay relevant?


Title: Re: The Bitcoin Elites at Coinsummit
Post by: ChrisJ on July 10, 2014, 12:14:01 PM
About to go live http://youtu.be/fsmP1Nxmfe8


Title: Re: The Bitcoin Elites at Coinsummit
Post by: giveBTCpls on July 10, 2014, 01:14:05 PM
Exchange Bitcoin elites for Dollar elites
Result = fucking same


Title: Re: The Bitcoin Elites at Coinsummit
Post by: KonstantinosM on July 10, 2014, 02:09:14 PM
Exchange Bitcoin elites for Dollar elites
Result = fucking same

Not really, with bitcoin elites there can be more transparency as well as more equality as there is no money printing (well technically there is, according to mining power).

But we have control of our money rather than having to trust the elites (banks) to play nice. (Which they don't)

So the result goes slightly in the right direction.

Result = Slightly improved, like an inch.


Title: Re: The Bitcoin Elites at Coinsummit
Post by: RodeoX on July 10, 2014, 02:55:58 PM
Exchange Bitcoin elites for Dollar elites
Result = fucking same

Not really, with bitcoin elites there can be more transparency as well as more equality as there is no money printing (well technically there is, according to mining power).

But we have control of our money rather than having to trust the elites (banks) to play nice. (Which they don't)

So the result goes slightly in the right direction.

Result = Slightly improved, like an inch.
I tend to agree. today's wealthy "game" the system to keep their advantage. In bitcoin you have to play and compete equally. If someone is making big money by working hard and smart, then that's fine with me. In a system like the NYSE small players really only get pennies for their effort, as it has become a rigged market. That I am not fine with.


Title: Re: The Bitcoin Elites at Coinsummit
Post by: Mowcore on July 10, 2014, 03:00:53 PM
Ahh Canary Wharf , I remember going to a squat party there once upon a time.


Title: Re: The Bitcoin Elites at Coinsummit
Post by: mz1000 on July 10, 2014, 03:03:15 PM
They just did a piece about Bitcoin on Sky News. It's the first time I've ever seen Bitcoin mentioned on Sky News. I suppose this is why they're talking about it today.


Title: Re: The Bitcoin Elites at Coinsummit
Post by: ChrisJ on July 10, 2014, 04:21:39 PM
Ok about to go live again with part 2 http://youtu.be/_6AV8HHIx6E


Title: Re: The Bitcoin Elites at Coinsummit
Post by: johnathan32 on July 11, 2014, 09:41:24 AM
im starting to hear a lot about the Bitcoin world and I think the banks are starting to be afraid of a little of that


Title: Re: The Bitcoin Elites at Coinsummit
Post by: Gianluca95 on July 11, 2014, 09:46:03 AM
Canary Wharf... good times of a long time ago  ;D


So, which is the topic of CoinSummit? I've read that the bitcoin elites will be all in this conference  ::)


Title: Re: The Bitcoin Elites at Coinsummit
Post by: ChrisJ on July 11, 2014, 09:55:57 AM
Canary Wharf... good times of a long time ago  ;D


So, which is the topic of CoinSummit? I've read that the bitcoin elites will be all in this conference  ::)

They are mostly talking about it from a financial perspective. They are trying to get entrepreneurs and VCs together in a room.


Title: Re: The Bitcoin Elites at Coinsummit
Post by: ChrisJ on July 11, 2014, 04:42:18 PM
We're going LIVE with another show in 20mins please join if you want to have your say on the new Cointocracy http://youtu.be/GIpGcy_elLE