Bitcoin Forum
June 16, 2024, 01:11:22 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Amagi Metals was invited to speak at the Cryptocurrency Conf in NYC - need input  (Read 723 times)
amagimetals (OP)
Hero Member
*****
Offline Offline

Activity: 519
Merit: 501


:|: AmagiMetals :|: AnthemGold :|: HERC :|:


View Profile WWW
March 12, 2014, 06:36:36 PM
 #1

We are trying to decide what kind of angle we'd like to take at the conference since we'll be the oddballs who have not produced a crytpocurrency, but instead we're providing support around the infrastructure. Here are some initial thoughts I had when brainstorming some topics:

  • Why regulating Bitcoin won't work
  • Would establishing a gold-backed Bitcoin create more widespread adoption
  • Bitcoin: goldbugs vs. techies


Oh and if you haven't heard about the event in detail here's their press release: http://venturebeat.com/2014/03/03/the-first-ever-cryptocurrency-convention-set-to-explore-the-future-of-digital-currencies/

AmagiMetals.com is a global eCommerce precious metals retailer and advocates for free markets, free choice, financial responsibility, and sound money.
Join us on: Facebook - Twitter - Google Plus
uranian
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
March 12, 2014, 08:27:53 PM
 #2

There seems to be a successful divide/conquer tactic going on between goldbugs and bitcoinbugs, judging by the typical attitude towards BTC at zerohedge. So perhaps focussing on similarities between the 2 could be useful - no banks involved, decentralised creation, not created as debt, no usury are a few that spring to mind. Security issues could be worth discussing, too - would you keep your gold at the comex (mtgox), or a safe (cold storage wallet)? I see gold and BTC as complementary, gold for long term holdings, BTC for spending or to profit (perhaps) from volatility, if that's your bag.
ShireSilver
Sr. Member
****
Offline Offline

Activity: 382
Merit: 253



View Profile WWW
March 16, 2014, 06:14:29 PM
 #3

I do like the comparison of holding the physical metal being equivalent to controlling the private keys of bitcoin addresses vs fiat currencies being like holding paper gold.

Shire Silver, a better bullion that fits in your wallet. Get some, now accepting bitcoin!
CurbsideProphet
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500


View Profile
March 16, 2014, 06:16:29 PM
 #4

When you say regulating Bitcoin won't work, can you be a little more specific?  Are you talking about anti-money laundering regulations?

1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
seriouscoin
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
March 16, 2014, 06:52:24 PM
 #5

When you say regulating Bitcoin won't work, can you be a little more specific?  Are you talking about anti-money laundering regulations?

It means exactly what it means, noone can regulate an open network.

You can however regulate the  exchanges or financial services.....
cdog
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 500


View Profile
March 17, 2014, 02:29:38 AM
 #6

Regulators are pretty hands off with wall street and banks, Id appreciate the same level of freedom with my Bitcoins.

Also, heavy crypto regulation in The States will just put the USA behind other countries who are more open to new tech and markets.

We cant afford to fall behind more as our country is struggling enough as it is.

If we have to have regulation, Id prefer a very "lite" version just for exchanges, individuals and merchants should not be be forced through the wringer for a simple transaction.
odolvlobo
Legendary
*
Offline Offline

Activity: 4354
Merit: 3261



View Profile
March 17, 2014, 04:15:49 AM
 #7

I think it would be best if you talk about the things that affect you and your business the most.

Talk about how accepting cryptocurrencies affects your business.
Talk about how cryptocurrencies affect the precious metals market.
Compare characteristics of precious metals as money to cryptocurrencies as money (though that might be too basic).
You could even talk about whether or not you think that countries might adopt cryptocurrencies after dumping the gold standard.

On the topic of gold-backed cryptocurrencies, I don't think it will work because someone has to hold the gold.

Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
moni3z
Hero Member
*****
Offline Offline

Activity: 899
Merit: 1002



View Profile
March 17, 2014, 04:18:33 AM
 #8

Colored coins will allow you to release Amagi gold backed coins using the blockchain http://coloredcoins.org/
westkybitcoins
Legendary
*
Offline Offline

Activity: 980
Merit: 1004

Firstbits: Compromised. Thanks, Android!


View Profile
March 17, 2014, 07:19:34 PM
 #9

We are trying to decide what kind of angle we'd like to take at the conference since we'll be the oddballs who have not produced a crytpocurrency, but instead we're providing support around the infrastructure.

Taking a detour in your presentation to try to bridge the divide between bitcoiners and goldbugs/silverbugs might be a good idea. Specifically, describing how bitcoiners can present Bitcoin to metalbugs positively, since a lot of the hostility seems to come from them (even though for most of their needs, bitcoin fits very well.) Maybe detailing how you became convinced that Bitcoin was worth getting involved in?

And BTW, I really enjoy the service you guys offer. I just recently pointed out to a group of silverbugs that you're one of the few solid bullion dealers who accepts bitcoins, and a couple of other cryptocurrencies as well. Kudos!

Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
...
...
In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber
...
...
ATTENTION BFL MINING NEWBS: Just got your Jalapenos in? Wondering how to get the most value for the least hassle? Give BitMinter a try! It's a smaller pool with a fair & low-fee payment method, lots of statistical feedback, and it's easier than EasyMiner! (Yes, we want your hashing power, but seriously, it IS the easiest pool to use! Sign up in seconds to try it!)
...
...
The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!