Bitcoin/Blockchain: Hype or Hope for a New Secure Cryptocurrency?

Technology Revolution: The Future of Now

Bonnie D Graham

Business News, Technology, News

4.9 • 108 Ratings

🗓️ 13 July 2016

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The buzz: Show me the money? Our current financial world is rife with inefficiencies: cross-border payments take days and cost money, inter-bank funds are slow, accessing money is cumbersome, trading securities takes time. Hail, cryptocurrency! Bitcoin and blockchain were created to solve some of these challenges. How does it work? Should your business, your industry, and you personally adopt this new form of currency? What are the risks? The experts speak. Angus Champion de Crespigny, EY: "It's not worth doing something unless you were doing something that someone, somewhere, would much rather you weren't doing" (Terry Pratchett). Richard McCammon, Delego: "…Not everything that can be counted counts, and not everything that counts can be counted" (William B. Cameron). Gerlinde Zibulski, SAP: "The difficulty lies not so much in developing new ideas, but in escaping from old ones" (John Maynard Keynes). Join us for Bitcoin/Blockchain: Hype or Hope for a New Secure Cryptocurrency?

Transcript

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0:00.0	Hey, I'm Ryan Reynolds.
0:01.1	Recently, I asked MintMobil's legal team if big wireless companies are allowed to raise prices due to inflation.
0:07.3	They said yes.
0:08.3	And then when I asked if raising prices technically violates those onerous to your contracts, they said,
0:13.0	what the fuck are you talking about?
0:14.8	You insane Hollywood ass-a-s-s-h-oh.
0:16.5	So to recap, we're cutting the price of Mint Unlimited from $30 a month to just $15 a month.
0:22.0	Give it a try at mintmobile.com slash switch.
0:24.7	$45 up-prem payment equivalent to $15 per month.
0:26.8	New customers on first three-month plan only.
0:28.0	Taxes and fees extra.
0:28.7	Speed's lower above 40 gigabytes.
0:29.7	See details. Welcome to the most nutritious hour of business talk all week.
0:43.6	This is Coffee Break with Game Changers, presented by SAP.
0:47.6	The best run business is Run SAP.
0:50.1	Your host and moderator is Bonnie D. Graham.
0:52.6	You'll hear from the innovators who have learned to use game-changing technologies to shake up the status quo and help move today's businesses in new directions.
1:00.4	Now, here's Bonnie D. Graham.
1:02.6	Welcome, welcome, welcome.
1:04.1	And if you want to run with the game changers, I promise, I guarantee you're in the right place.
1:08.7	The buzz today, show me the money.
1:44.7	The answer, what kind of money? And the other answer, what's in your wallet? What is she talking about? Well, let's look in a reality check here. Our current financial world is filled with rife with, riddle with inefficiencies. We've got cross-border payments that take days. They cost a lot. Trying to send funds between banks, interbanks, it's slow. Accessing your money, it's just plain cumbersome trading securities. Well, it takes time. There's a new kid on the block. Hail, cryptocurrency. I'm talking about Bitcoin. I'm talking about blockchain.
	...

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