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Bitcoin is a virtual currency 's own currency
you could use it like money on the internet to pay for things
and you can send it anyone you want and nobody can stop you
the other cool thing is no other central part is involved in that payment
is just you and the person directly
and that's why nobody can control it
there is no central infrastructure
you know the people who print the money the central bank
if you make a payment to some one else you go through other banks
but you can think of it as digital cash
you have cash in your pocket you give it to some one
and nobody can tell you " don't do this ! "
it's not some theorethical concept
it's actually real and it's here now and it's working
people are using it all over the world
for load of stuff
and it's like a big Economy of 150 million dollars
like the biggest virtual currency in existence
it's impossible to tell because it anonymous
so nobody really knows
but I can show you what it looks like when you're using it22
imagine this is a bitcoin software that had
and I have my balance here my bitcoins I own
i have this adresses where if people want to send me bitcoins
i give them the adress any adress
and they can send it to me
and because you have all this different adresses
and they're not names or accounts or anything
and you can generate as many as you want like thousands of them
then each one is separate
so I can give you one bitcoin adress and someone else another bitcoin address
and nobody knows they're from the same person
so if I give you one bitcoin address and I say
send me 10 bitcoins and another guy send me 2 bitcoins
and I give everyone different addresses
nobody can tell how many bitcoin I own or
what I do with them cause it's all separate
so I can show an example
I use an E-mail service provider called Riseup.net
and they're this collective in america
that provides this really cool softwares for people
and one of the forms of payment they accept is bitcoin
so I show you a donation
so I have this button to generate a new bitcoin address
I click generate they send me a new bitcoin address
i copy it
it goes into my client I send them the bitcoin
and BOOM I just send money to america
like 10 dollars
no middle man no one taking fees
just direct to RiseUp
so I'm like a system programmer
and i was like working on free and opensource software for 10 years
the free software is this movement of people hackers around the world
who work to build technology to liberate people
to free up machines
so like the software anybody can expect it
anybody can make changes to it and nobody controls the flow of information
and it's from this movement that we have really powerfull
softwares like encryption or bit torrent
or all this technologies which are challenging
a lot of the sumption holding this society
i started with bitcoin
maybe two 2/3 ago now
at the time was like nothing it was very small
I didn't really think much of it at first
and later on I went to have a proper look
I was downloading the entire source code
the entire code that is needed to create bitcoin you can actually read inside that
you know how someone can read italian or french or english..
i can read source code like computer programming
I'm someone who can read those languages and I was looking through and I was like
"oh wow this is *** incredible
it actually does what it says it's doing
on the website it says
money can't be controlled by government or coorporations
so I was like "ok how does that work ?"
I think it is a really important project to have
because remember before I was saying how nobody can control ?
what you do with do with bitcoins ?
so one the things it says is this drug market calles Silk Road
and I can show you this video here
"they prevent people to track the fincancial ... "
using real money users purchased as bitcoins
can be traded roughly 9 dollars to one bitcoin
used them as proxy for real money when they buy things on Silk Road
it's an on-line form of money loundry
the transactions are anonymous
secure and untracable
that makes the illegal underground website like Silk Road possible
well despite all their best effort to stay under the radar
news media have begun to report on Silk Road just this week
and before escalate any further
we are gonna see that it shut down and shut down now
this was like two years ago
and the US senator comes out
in public saying that "oh we need to shut down this.."
"Silk Road this market place using bitcoins"
"and we need to stop all of this"
and he says:
"its an on line form of money loundry"
anonymous secure and untracable
"a "£%$&ull combination"
"before escalate any further"
we are going see that it get shut down and shut down now
nothing happens and nothing can happen as there is nothing they can do to stop this
this website Silk Road
it's not on a normal plain text world wide web
but is on TOR NETWORK and TOR
is this piece of anonimity software for
browsing this special web sites where nobody can trace you and it's anonimous
you see I have all this different drugs you can buy
so if I want psychedelics i can click here
you buy from there and you pay with bitcoins
and its shipped in vacum sealed packs to your home
it's a market place so there are other dealers on there with all with
competing prices like ebay
it's far better than normal
because it comes directly from the source
so if some scientist manufactures LSD in his bedroom
you buy it straight from him
there's no criminals or gangsters
people don't have go to gangsters' homes
where the gangsters say:
"I haven't got any LSD but you can have some *** instead"
and they'll be like "oh *** it I'll take some *** "
and no everything is on there
so there is no Marijuana I guess
yeah there is lots of Marijuana
so it's easier to find it there than in the streets ?
yeah
it's a market place doing 20 million $ turn over per year
so one of the cool things is
Wordpress is a bloggin software people use to write opinion and stuff
and one of the problems is
a lot of the countries which have bad political situation where
people need to write about this things
the payment options are closed to them
so it is very difficult for them
and Wordpress started to use bitcoin to allow this people
to buy this blogging software
so they can write about this things
there's a quote from Wordpress I'll read you what they say
Paypal alone blocks access from over 60 countries
and many credit card companies have similar restrictions
some are blocked for political reasons
some because of higher fraud rates
and some for other financial reasons
whatever the reason
we don't think an individual blogger from Haiti
Ethiopia or Kenya
should have diminished access to the blogosphere because of
of the payment issues they can't control
our goal is to enable people not block them
bitcoin is a digital currency that enables instant payment on the internet
unlike credit cards or paypal
bitcoin has no central authority
and no way to lock entire countries out of the network
merchants who accept bitcoin payment can do business with everyone
another really cool thing
is wikileaks
now wikileaks around 2 years ago
the US Department of Justice put pressure on
on their amazon visa mastercard paypal and swiss bank
and their main register and have them all shut down in a single day
the only form of payment wikileaks was able to accept was bitcoins
it was their life line basically
also now if you go on the Wikileaks website
you'll see that there is a section called: banking blockade
cause they're actually having a blockade now where the banks are
trying to prevent them from giving this information out to people
this institutions like banks or whatever should not be political platforms
they should be neutral because they run an infrastructure for the planet
so if you go on Wikileaks web site it says like:
"what is bitcoin and why is it neccesary"
so they're really fans of bitcoin
we have a market place
with charts
different compeeting market places with charts and prices
US dollars
€uros - GBP - australian dollar$ - ¥en
exchanges and stuff.. I can look at the graphs ...
each one of this - the price of bitcoin how it changes
it's like a market place its completely open
it's run by people all around the world
nobody is controlling it or setting a price for it
and because of this political aspects
another thing to think about is
the situation in IRAN is really bad at the moment
and Iran's economy is seriously going to crash
I am not being some conspiracy theorist
for real Iran's economy is gonna go down
they had
in one week Iranian rial dropped 30%
and people were rushing to change into gold
G > this week ? Amir > no, a month or so ago
because of the sanctions the trade embargo
so people rushed into buying gold
but not enough supplies of gold satisfied the demand of people
(the people) was using the money and the digital payments
to buy censored movies and music on the internet
the government didn't like this so they stopped it
but now people who are using bitcoin in Iran can get around this
so there was even a story on bloomberg where a guy was saying..
about Iranians using bitcoins in Iran, and it says:
"at the online store coinDL.com shoppers can use bitcoins to buy beyond matter"
"the latest album from Iranian artist Mohammed Rafik"
so people can actually buy this music
in Iran and the government can't stop them
another really cool thing is
you can actually use bitcoins for anonimity
so I have a friend and one of his businesses is setting up anonimous services for people
if you think when you buy a server or some infrastructure
to do technology things on the internet and you have to pay for it
if you're paying for any other financial service, they know who you are
cause of your bank, but if you use bitcoins you can actually get
anonymous vps the main names and all of those things that you need
so Bitcoin is a peer to peer software
all of the people the people who use that system
are also helping to uplift that system
so the system is the people in that network
as it compared to a bank when you go to a bank , is the poeple in the bank
all the customers are separate
imagine as if all the customers where the bank
that's it basically
for every person that joins this network
they make it stronger because they increase the size of it
and it more difficult to attack
so we're talking about peer to peer software
which Bit-torrent is another kind of P2p software
and it's really cool project because you can
connect with anyone in the world and download any movies or music you want
and nobody can take it off the internet
it's like impossible
that makes a lot of people in hollywood very scared
they're like "oh we must shut this down to stop it"
but they can't
bitcoin also helps make this stronger because
there is this )(/s of websites
one of them is called bitcoin torrentz . com
and you can pay some money and they download things
out of the bitcoin network and they give it to you
so maybe you dont have much bandwith or you don't have resources on your computer
and they offer this service to you
gambling is band in the US which is not like:
why should they stop people to be able to play a type of game in the internet
with money
the government shouldn't shut down websites saying like :
"oh you can't run this kind of game" it's not up to them
it's just people's own money they decide what they want to do
it's wrong but with bitcoins there's loads loads loads of gambling websites
and nobody can shut them down
you might think of gambling but also it holds deeper repercussion
to the internet
because there are loads og this people who can play videogames all day long
and if you imagine that they will get ..
people could like play matches against each other and bet money on the matches
or like you enter a tournament or something
and the winner gets a price
then you get professional videogame players
and you open up an all new world
and then you can make fun videogames using an alternative model
which is when you don't sell videogames as a product
you sell it as a service
bitcoin is international
and because it's international
you can use it for remittance and remittance is ..
when you have lets say an indian family
and the husband goes to work in England
and then he earns some money and he send it back to their family home
and normally has to go for western union or some company
and pay huge fees
but with bitcoins he doesn't have to pay any fees what so ever
G > Like how you showed us Amir > yeah just like how I sent to America
there's nothing in the middle
bitcoin is not the only one of this technologies
at the full front of this change there are also a bunch of other new
things coming about in the moment and one of this is 3D printing
3D printing is really really
radically gonna change a lot of stuff in our world
the all idea is that anybody
in their house can have a 3D printer so they can print objects
so imagine this
instead of paying for something which ships from china
as a product and you buy it in the shops
you just print in your own home like..
and also you personalize it as you want
so it not longer a product its something for yourself
the technology its early but its improving all the time
to this is 3d printed its just a toy aircraft
this has like massive massive
ramification to society I really love 3d printers
because when gutenberg invented the printing press
within a 100 years
all of Europe was having revolutions and war everywhere
because now people could read what was written in their bibles
and " Uh none of this stuff the church is telling me to do is actually
"written in the bible"
and "Uh they are corrupt"
it was time of great change
the internet is also something that enables this and
3d printins holds massive promise
if anyone could print anything at any time
so there's this type of game in the UK called WarHummer
you buy all this little models and each one costs like 80 euros
or 30 euros each two years ago
someone uploaded into the internet the plans
for one of this models anyone could print it for free
and you realize that if anyone could print this for free
it totally destroys this company's business model
and so the company sent a DMC copyright request to have it take off the internet
the plant for the model
then the pirate bay added a new category to their websites called
visibles - which is like plans for 3d objects
and the third object that was uploaded
to the Bit Torrent network was this 3d plans
see how they are all connected you know
so like the 3d printer plans uploaded to the bit torrent where it cant
be taken off
there's another guy now in Texas called Cody Wilson
he is a very cool guy. when he speaks he sounds very philosophical and very
aducated. ande he is trying to prove a point he is
his project is to 3d print a gun
anybody could like print a gun for theirselvs
so imagine this 3d printers which are really low cost on everybody's home
and you can actually print more other printers using the printers themself
and then you can print a gun with it
WIRED did an article on him
two days ago
they had this "15 most dangerous people in the world" and he was number 14
in America there's a law
which says that it is illegal
to possess a gun if it can't be detected by a metal detector
and so you could print a plastic gun
then the US rappresentative coming out
just like few days ago saying "we need to
"do something to stop this we need to put legislation
on the 3d printers to stop making this things
but you see how dangerous this is because you look the warhummer models
and now they can make this legislation "Let's try stop people printing"
"warhummer models and destroy that company's business model"
which is just like programming kid to
buy useless pieces of plastic that theach them a %&(re
they worthless they don't do anything
so you can actually get a phisical bitcoin
what this is is a coin that has a digital bitcoin locked inside
you can unlock it and take it out I'll explain the mechanism beyind that
you there's a code on the back
what that is is the
the public key and I can actually use that public key
to look up in the bitcoin network
this is actually worth one bitcoin so I can go to this website
and I type 1
c ¬ºª ∞ øπ π i I k
and then I see I actually have one bitcoin on this coin
and you see there's an hologram on the back
you see this hologram if I tª ™ it off
I irrevocably destroy this coin
damaged
this an hologram can you see ?
but on the inside there's the private key
and you could use that to unlock the bitcoin from the coin
and then the coin becomes worthless is just a piece of metal
but the really cool thing is
so you see this website
also myself
I made my own implementation of bitcoin
like from the ground up it does everything in the protocol
like validating the blocks
making transaction
adding the messaging I can
see the value of this coin
using software that I all wrote myself
so I don't have to trust anyone
cause I understand everything of how this network works
I showed you the software earlier
so that's how most people interact with bitcoin but
but I show you how I interact with bitcoin
and € ™∞æ∆ª øº outputs
I can see that its worth 1 bitcoin
this is like all myself so I didn't go through third parties or anything
I got all the datas from the bitcoin network
validated it myself did all the checks
everythin that is needed
and then I can see that the coin is actually worth one bitcoin
G > you are your own bank A > my own bank
exactly
I said like everyone can use bitcoin right away
you can go get the software
install it and that's it you start using it right away
you don't have to sign up for an account it just
loaded in your computer and because its on
on you computer they're not stores anywhere else
actually you have the keys
to unlock the bitcoins that are stored in the network
but that's a more technical way of describing it
you 're in control of the bitcoins
and you can go further as I said before
in my example it took me nearly a year to write the implementation
that's what I did it's all from myself from the scratch
my own bank store my own bitcoins on my computer
sending bitcoins across the internet to other people
and its my own infrastructure software that I created
I organized the last 2 bitcoin conferences that first one was in prague
and it was just a smaller fair. the next one was in london about 3/400 people
and it was really nice really good selection of talks
so Vice magazine did an article about the conference
and they called it "is bitcoin the future of money or just"
" the future of buying internet frugs "
they had this talk, the first was Cody Wilson "the 3d printable gun"
and "Printing guns is humanism"
and then they had a talk of Max Keiser
he's this really crazy guy that runs a
tv show about
banking corruptions and financial scandals
he say's " who is bitcoin ? the currency of the resistenz "
" *** Chaney is a Pø®ºz on our souls "
and then this talk by called jury matilla
who is researcher studying
in the PhD
the legislative effect that p2p software like bitcoin will have
in the future and its says here:
juri's matilla legal seminar can best be ßøµ€ ∂åππåß
future if bitcoin becomes succesfull in mains stream society = probable mayem
mayem - chaos
birgitte jonsdottir who is this icelandic politician
she's done load of stuff in iceland
she used to be an activist in her youth
but then she went into government she was in the inside
and changed a lot of things there
she ::
the icelandic ::••……
they all the tax ::;;__ around the world and
took the best law to create free speech and then iceland was at the top
of the free speech index at the next year
and the press freedom index
that happened after there was a bank which
censored some news station reporting about wikileaks neat report
and so they just broadcast wikileaks.org on television for 15 minutes
hacked to get around this restriction placed on the news network
and then this two guys ßµ¬¬€® and ƒ®åñK
and they're wearing this masks cause they are really concerned with
serveillance and cctv cameras
and privacy
but the next conference is gonna be in Vienna
on the 1st untill 3rd of november
and it gonna be cold The Unsystem . Net
we have really good speakers we have a big building
in central Vienna which is normally where the united nation is held
it has like 10 thousand people inside where gonna squat that building for
this few days to run our conference about this emerging tecnhology
like bitcoin. all this radical people going inside this conference
having party. we have the silk road talking about the drugs
Voina is gonna come, the same voina that were having an *** in moscow museum
they drawed a giant *** on the bridge
G > How did you meet Voina ? A > Macao- its just an accident I'm here
they were here at the same time and i was like
I already had plans I wanted to have artists doing action on the conference
but this guys are perfect cause
they're russian and they're political exactly what I need
you guys should come and we also have
another huy coming Mike Gugulsky
and he's one of the US citizens in the entire world that
have given up their citizenship so he is a stateless person
and he lives in slovakia and he has no country whasoever
and he was also in the free Bradley Manning campain
and another cool guy is this guy called Mitch Altman
and he made this device that can switch off any television
and I was walking with him in bratislava
and he had a really long range one that looked like a mobile phone
and pretending to go in the mobile phone
switching off all the television in the high streets
in the shops
BE THERE unsystem.net
from the 1st untill the 3rd of november