Jon Matonis and Craig Wright - Shinseiki Evangerion - Arnhem 2017 -June 30th
The Future of Bitcoin
30/06/2017 BitCoin SUPERVIDEO
1h23
https://www.youtube.com/watch?v=dgqtcu0zo-k&t=12s30/06/2017 BitCoin SUPERVIDEO
1h21
Craig Wright - Future of Bitcoin talk, Arnhem Netherlands 2017
Bitcoin.TV Conference 2017- Arnhem
https://www.youtube.com/watch?v=JdJexAYjrDw&t=1007shttps://gist.githubusercontent.com/harding/b7067d2943706e2e3d3f7aab539a67c5/raw/6de6a0a6f5a840ffe69fdeeb71b243f5fa166ad5/craig-wright-2017-06-30.md[This is a transcript of Craig Wright's presentation at the Future of
Bitcoin conference on 30 June 2017. This transcription should not be seen as an endorsement of Mr. Wright, a person who previously
fraudulently claimed to be the creator of Bitcoin, among many other fraudulent claims. Note that ellipses in the text ("...") represent the speaker trailing off or switching topics mid-sentence, rather than the omission of any text by the transcriber. All comments and additions from the transcriber appear between square brackets. Q&A not currently included, but may be added later.] Alright. So, first of all, what's this about. Anyone know their manga? We have the genesis of a new century. So, that's what that's about. This is genesis of a new century. Now current problem: we have seven (which is really four) sort of issues: 1. We have this little tiny scaling issue. Which is nothing. See that whole screen? That whole screen is payments. See that little pixel there? That's Bitcoin. That's what we are right now. We are right down there---that little tiny pixel is Bitcoin. We are nothing. We like to think we're something right at the moment. We are not. If we want to be something, we need to scale and radically. Not offchain. Not moving some of the security into sidechains and splitting the model. We need to, right now, today, start scaling. In two thousand and nine, we had more scalability than we do right now. Problem. We have this idea; we have things that are being said; we have people changing the story; we have a lot of 1984 doublespeak. We have people telling us what we should believe. People lying to us about what shou... what everyone wants to think [sic]. And we're going to change that narrative. Not because we want, well, an idea that someone has of an idea. But because we want scientific truth; we want evidence; we want facts; we want more. What we need: we need the unseen. Everyone know, our famous little economist/journalist from France: "the seen and the unseen". Bastiat, who.... People considered him not an economist. In France, the Philisophs [?] said he was not an economist because he says things that are so obvious. The seen and the unseen. We are seeing Bitcoin; we are not seeing the entire system. The entire system is everything we are competing with---which will crush us. We have other things that we're trying to build into the system that will crush us. When we split Bitcoin into millions and millions of pegged systems. When we add inflation. When we create these sidechains that, by the way, are patented and are controlled and happened to be owned and happened to be managed and monitored. Then we give away the security model. If 100% of everything mines Bitcoin and controls Bitcoin, that's a security model that is hard; that no government can take over; that no company can take over; no one takes over. Bitcoin can scale. Right now. [Slide showing tweet allegedly from Peter Todd: "How could a capacity upgrade do that? There's no upper limit to demand, and the Bitcoin protocol doesn't scale.] What is it. Well we can't do that. There's no limit on demand. Good! I don't a limit on demand. I want every person on this globe using not altcoins not whatever else; I want them using Bitcoin. I don't some bullshit argument about "oh, people will use it and it will be bad". Very simple; very easy: good! When every single person on this globe pays for their cup of coffee---pays for their whatever they want---every day using one single central currency (and I'll say central; one distrib