US Federal Trade Commission visit

[Mike Hearn]

Yesterday afternoon Patrick and Jinyoung went to the US Federal Trade Commission to give them a Bitcoin tutorial and answer any questions they had. A lot of FTC staff turned up, probably between 60 and 70. I dialed in via conference line and gave a presentation on consumer protection techniques, specifically I talked about:

• Hardware wallets
• Dispute mediated transactions
• The payment protocol
• Micropayments

It seemed to go down OK and the questions were all pretty reasonable.

[1715341578]

1715341578

[hilariousandco]

Thought you meant Feathercoin staff with FTC haha.

[Gabi]

I hope you were paid for that, am i right? Right???

[BitcoinWalker]

Could be paid some BTC for the talk

[guybrushthreepwood]

Thought you meant Feathercoin staff with FTC haha.

That's what I thought  too  .

[Melbustus]

Interesting. Thanks for the note.

[FCTaiChi]

Did you record the conversation?  I would transcribe it for posterity.

[superduh]

thanks for your guy's efforts

[Mike Hearn]

Not paid no. It was only for 30 minutes or so.

[marcus_of_augustus]

Who are they?

[LiteCoinGuy]

thanks for educating.

[empoweoqwj]

Yesterday afternoon Patrick and Jinyoung went to the US Federal Trade Commission to give them a Bitcoin tutorial and answer any questions they had. A lot of FTC staff turned up, probably between 60 and 70. I dialed in via conference line and gave a presentation on consumer protection techniques, specifically I talked about:

• Hardware wallets
• Dispute mediated transactions
• The payment protocol
• Micropayments

It seemed to go down OK and the questions were all pretty reasonable.

Excellent. Education is the key. Very surprised that 60 to 70 people turned up. That's a lot of people from a lot of departments taking time from their day. They most be very serious about bitcoin.