2017 Programme

Llew Claasen: How to Create an Inclusive Financial System with Bitcoin

Galaxy Room March 2, 2017 1:45 pm - 2:30 pm

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Llew Claasen

Debt-backed fiat currency has been a poor long-term store of value. Traditional financial services are not inclusive for the 2.1 billion people that live in poverty and cannot be banked economically. Trust in traditional banking is at an all-time low, with 85% of all commerce globally still done in cash.

Bitcoin has the potential to become a viable alternative to the current financial system, especially under conditions of market failure.

This talk will explore some of the elements and considerations of a viable Bitcoin-based financial system.