why you should invest in bitcoin - tuur demeester

7/30/2019 Why you should invest in Bitcoin - Tuur Demeester

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WhyyoushouldinvestinBitcoin

TuurDemeester


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IsBitcoinabubble?


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Bitcoinvs.Nasdaq


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2010


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2011


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2013


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tradeinhighvolumesatprices

thatareconsiderablyatvariancewithintrinsicvalues

ECB-reportvirtualcurrencyschemes,october2012


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Cryptocurrencyisatechnology!


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SkypeuseradopHoncurve


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SkypeuseradopHoncurve


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PriceofBitcoin

Madness


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ormerelyreflecHnga

parabolicadopHoncurve


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SoluHons

TrialanderrorKraken.com,Bitbox.mx,Crypto.st,Stage.btc.uy,LaHncoin.com,

BitcoinfriendlyjurisdicHons(offshore) Decentralizedexchangemethods

Ripple/opencoin,BitcoinOTC,opentransacHons Growthofgoods&servicesmarket


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Itcannotberuledoutthatnon-banks

willdevelopmoreindependentstrategies

andwillnolongerneedtoallythemselveswithbanks.

ECBreportVirtualCurrencySchemes,

october2012


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Pricediscovery

Source:h^p://commons.wikimedia.org/wiki/File:Oil_Prices_1861_2007.svg


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Bitcoinmoneysupply


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NewSystemvs.OldSystem


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Fiatmoneysupply


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CentralBanksbuydebt


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hencethebondbubble


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Whenisdebtunsustainable?


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Whenisdebtunsustainable?


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Frombail-outtobail-in

Crossingtherubicon?


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FSB,july192011

What?

proposedpolicymeasurestoresolve[large

banks]withoutsystemicdisrupHonandwithout

exposingthetaxpayertotheriskofloss


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FSB,july192011

Specifics?

proposedessenHalelementsofa

bail-inregimetoenablecreditor-financed

recapitalisaHonoffinancialinsHtuHons.


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Basicallyitcanmeanthis:


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FSB,july192011

Bywhen?

Bydecember2012,the

resoluHonplansshouldbecompleted.


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Wherebail-inisbeingprepared


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Thebail-in

0

10

20

30

40

50

60

70

2006 2007 2008 2009 2010 2011 2012 2013

AxisTitle

"bail-in"

imf.org

bis.org

financialstabilityboard.org


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Inotherwords,todaysrisksare:

Bankholidays Bond,realestatecrash yperinflaHoninthecurrency


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Thegoodnews


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BitcointhrivesinArgenHna


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FuturevalueofBitcoin


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wearehere


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0 1000 2000 3000 4000

edgefundsallocate1%toBTC

ArgenHneschangegreenbacksforBTC

Goldownerssell1%forBTC

Futurevalueofonebitcoinif...


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0 200.000 400.000 600.000

ShadoweconomyusesBTC

BTCbecomesthenewgold

BTCbecomestheworldsreservecurrency

Futurevalueofonebitcoinif...


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Cryptocurrency:morethanBitcoin

Bitcoinmining Stockmarkets Bondmarkets AlternaHvecryptocurrencies


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Thankyou!

>TuurDemeester.com

>[email protected]


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Endnotes

Slide10:sourceisblockchain.info

Slide16:sourceiswikipedia

Slide19:h^p://www.goldmoney.com/gold-research/alasdair-macleod/money-supply-acceleraHng.html

Slide20:sourceisZeroedge

Slide21:sourceisSocGen:h^p://media.rtl.nl/media/financien/rtlz/2009/socgen2011.pdf

Slide22:Sourceish^p://group30.org/images/PDF/orHz091211.pdf

Slide23:sourceisaverAnalyHcsSlide25,26,28:EffecHveresoluHonofsystemicallyimportantfinancialinsHtuHonsrecommendaHonsand

Hmelines,bytheFinancialStabilityBoard,july19th2011.

Slide27:Sourceish^ps://bitcointalk.org/index.php?topic=160292

Slide29:Sourceish^p://www.financialstabilityboard.org/publicaHons/r_130419b.pdf,forCanada:

google.com/news.

Slide30:ownresearch

Slide33-34:localbitcoins.com


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Endnotes

Slide39-40:SourcesareowncalculaHons,basedon:

Bitcoinprice:h^p://www.bitcoincharts.com

BTCtransacHonvolume:h^p://blockchain.info/charts/esHmated-transacHon-volume-usd

edgeFunds:h^ps://www.hedgefundresearch.com/pdf/pr_20130419.pdf

Remi^ance:h^p://gulfnews.com/business/economy/global-remi^ance-flow-grows-10-77-to-514-billion-

in-2012-world-bank-1.1172693

Offshore,datausedisfromBankforInternaHonalSe^lements:h^p://www.hkma.gov.hk/media/eng/publicaHon-and-research/research/research-notes/RN-01-2012.pdf

Blackmarket:h^p://www.voxeu.org/arHcle/shadow-economies-around-world-model-based-esHmates

h^p://www.google.com/hostednews/afp/arHcle/ALeqM5h1gB30nCS4C4QEQC998r9Qnc90Q?docId=CNG.

507ec2ee2770ea21ef8b2af057ac350b.91

WorldGDP:h^ps://www.google.com/publicdata/explore?

ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&tdim=true&dl=en&hl=en&q=world%20gdp

TMSofworldreservecurrency:h^p://www.goldmoney.com/gold-research/alasdair-macleod/money-supply-acceleraHng.html

why you should invest in bitcoin - tuur demeester

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