Recap: CoinGeek New York Conference – Day 2

Alex Speirs 512 x 320
By Jamie McKane Published: October 6, 2021
Day 2

The second day of the CoinGeek New York Conference 2021 began on October 6, following a comprehensive and exciting first day of presentations and discussions that covered a range of topics, from the history of blockchain and BSV to the myriad ways businesses are building on the only enterprise blockchain with unbounded scaling. 

The conference takes place over three days, from October 5 – 8, with each day featuring a mix of panel discussions, keynote addresses and various events. Each of these sessions focus on a different aspect of the BSV blockchain.

Day two of CoinGeek New York kicked off with an introduction by Bitcoin Association Founding President Jimmy Nguyen saw a selection of eminent speakers within the BSV and blockchain industries take the stage to demonstrate and discuss the powerful capabilities of the BSV blockchain. Speakers included Honā Founder George Siosi Samuels, Vaionex Co-founder and CEO Robin Kohze, EHR Data CEO Steve Lawrence, mintBlue CEO Niels van den Bergh, and many more.

CoinGeek New York 2021 was attended by a large live audience at the Sheraton New York Times Square Hotel, and it was broadcasted to thousands of viewers around the world.

If you missed the second day of the CoinGeek New York Conference 2021, we have summarised the event below. You can watch the full recorded live stream of the second day here.

Recap: CoinGeek New York Conference – Day 2


Panel discussion: Better Bitcoin wallets for consumers and business

The first session of the day was a panel discussion on the state of wallets in the BSV ecosystem and the improvement of these consumer-facing platforms to enable an accessible and enjoyable user experience. The discussion was moderated by CoinGeek North America Associate Editor Patrick Thompson and featured the following panellists:

  • Alex Agut – CEO, HandCash
  • Lorien Gamaroff – Co-Founder & CEO, Centbee
  • Brendan Lee – Founder & CEO, Elas Digital

Thompson started the discussion by asking the panellists about the features that are important to implement when building Bitcoin wallets and those which make a wallet desirable to use. Panellists stressed the importance of a good user experience and the need to address the specific requirements of the user.

‘I think that the features depend on the target audience. There is no blueprint for the perfect wallet, it all depends on the target audience. But a couple of things all of them should have in common is they need good ways to bridge to the real world and consumers also expect instant payments without too much friction,’ Agut said.

The conversation also covered the current state of Bitcoin wallet development and whether this cycle was initiated by the wallet providers or the customers expressing their needs, as well as the evolution of wallet software in expanding their scope and adding new features.

Panellists also spoke about the unique capabilities of the BSV blockchain and how this has enabled the use of Bitcoin as peer-to-peer cash.

‘The fact that Bitcoin SV has gone back to the original protocol, making sure transactions are very cheap and fast, has accelerated the idea that you can actually use Bitcoin as a cash system. Because it is a regulatory compliant blockchain that also makes it a lot easier,’ Gamaroff said.

Lee also spoke about the development of Bitcoin wallet software and how it has evolved in tandem with the BSV blockchain.

‘I think the biggest thing that’s happened is the BSV alias system and the common standards – I think that’s so foundational because what is that allowing wallet providers to do is to handle all the regulatory information seamlessly and invisibly for the users. I think that’s a huge reason why Bitcoin wallets are so interoperable,’ he said.

Watch the full session here.


Enterprise wallet solutions for Bitcoin

Next up, Vaionex Corporation CEO and Co-founder Robin Kohze took the stage to introduce their new Relysia wallet infrastructure, which offers an array of features aimed at improving accessibility and interoperability.

‘Today, I’m very proud to introduce Relysia. Relysia is more than just a simple wallet, it’s more of a full infrastructure – an infrastructure that enables developers to integrate full wallet solutions in just five or six lines of code,’ he said.

Relysia supports all existing features of modern BSV wallets such as multi-signature wallets and Paymail addresses, as well as functionality such as native token integration and the offering of a completely fee-less platform.

The infrastructure makes it easy to create blockchain applications using simple API building blocks, removing development friction and making blockchain technology far more widely adoptable.

After Kohze’s presentation, Gap600 CEO Daniel Lipshitz took the stage to introduce their Change digital commerce platform, which offers a stablecoin platform on BSV using the STAS token protocol.

‘We are building out our token platform using STAS. We find the STAS protocol is extremely compelling given its closeness to Bitcoin. Issuance and redemption of the token are performed opposite banking services and the token is backed by fiat deposits,’ he said.

The platform is non-custodial and it has partnered with Relysia to deliver the accessible and interoperable Bitcoin wallet infrastructure underlying its platform.

‘We are very excited to be working with Relysia. Change will be easily integrated with platforms building on top of Relysia, and we wish Relysia great success,’ Lipshitz said.

Watch the full session here.


Be on the map with the BSV blockchain

Next up, Relica Co-founders Daniel and Jeremy Street took the stage to speak about social media business models and how these can be overhauled using the BSV blockchain using blockchain-based services such as their Relica social media platform.

The co-founders spoke about the existing state of social media and how user data is harvested by large companies and then sold back to advertisers, with everyday users signing away the rights to their personal data. He also noted how few people on social media are earning revenue from the content they create – another problem which Relica aims to solve.

Relica solves this problem by rewarding and incentivising users for creating content on their Instagram-like platform while also giving users sovereignty and security over their own data.

Daniel and Jeremy Street announced the launch of an influencer programme for Relica, aimed at boosting the adoption of their social media platform by giving existing influencers a new way to earn revenue from their content. They also spoke about the upcoming features coming to Relica, such as location-based NFTs and token integration with its map service.

Users on Relica spend small amounts of BSV to like and comment on each others’ content, with the proceeds going to the creator and bonuses paid to the people who referred them to the platform. While all Relica users earn a payment bonus based on the revenue generated by those they refer, influencers will have this payment bonus boosted by 300%.

Find out more about the Relica influencer programme here, or watch the full session here.


MetaID on BSV – Sunny Fung

Sunny Fung

MetaID Co-Initiator and ShowPay Founder Sunny Fung was up next to speak about how their team has been building out MetaID on the BSV blockchain and the applications this enables.

A central theme of Fung’s presentation was interoperability and the need to break down the data silos created by the traditional Internet model. He argued that a better Internet can be built on the BSV blockchain using MetaID.

‘Breaking these barriers is just one of the small goals of MetaID – it’s power is much greater than that. MetaID is a decentralised identity protocol running on the BSV-powered Metanet. It regulates how user and application data can be stored on the blockchain,’ Fung said.

Using MetaID as underlying identity protocol, applications can be built on the BSV blockchain to deliver unique and varied services while remaining interoperable – allowing users to sign in to services user their MetaID identity and removing a significant source of friction present in the current Internet model.

‘The number of BSV users will increase rapidly and there will be more opportunity for us to build a better Internet based on BSV. If we continue to build applications without an identity sub-protocol, we will get a Metanet not much better than the Internet we have now,’ Fung said.

Watch the full session here.


Panel discussion: Health care, life sciences and blockchain

Next on the agenda was a panel discussion chaired by Bitcoin Association Founding President Jimmy Nguyen on the topic of health care and life sciences and how these can be improved by integration with the BSV blockchain. The panel featured the following speakers:

  • Steve Lawrence – CEO, EHR Data
  • Phillip Runyan – Managing Partner, Veridat
  • Zachary Weiner – Founder,
  • Kip Wolf – Head of Technical Ops. & Portfolio Mngmt., X-Vax Technology, Inc.

The session began with an introduction by each speaker and how they found themselves building on the BSV blockchain. A common story shared by each panellist was that the utility and scalability of BSV provided the only platform capable of realising their goals.

‘I found myself looking for new ways to build after having built on Ethereum for around three years, and I first found BCH and then found BSV. Without naming them, other chains didn’t support what we on this stage wanted to achieve. From a technical perspective there was no other option,’ Weiner said.

Discussion moved on to an exploration of each company’s workflow and their implementation of BSV, as well as the status of VXPass’s partnership with the Kingdom of Lesotho for vaccination roll-out monitoring.

Data integrity is a key concern for the healthcare and pharmaceutical industries, and panellists also discussed the potential for BSV’s publicly auditable ledger to solve this problem in a manner more efficiently and securely than traditional platforms.

‘What is exciting to me and why I’ve been passionate about blockchain is because of the pharmaceutical industry’s interest in an audit trail, and we know that as a distributed ledger. What’s exciting about BSV is the additional value of BSV and the scalability,’ Wolf explained.

Watch the full session here.


A way with words: NFTs with cash flow – John Pitts

John Pitts

The next session was a presentation by Co-founder John “Jack” Pitts on the unique way his company is creating value through non-fungible tokens (NFTs) and tokenisation.

SLictionary is a self-learning dictionary that allows users to tokenise, trade and own the definitions of words. Pitts spoke about the pricing of digital assets and cash flows within the BSV blockchain, and how users can grow the value of their holdings through the value of their definitions.

He spoke about the history of dictionaries and how definitions were created over many years, stating that their dictionary aims to be quickly constructed while also creating value for those who contribute to its creation.

‘Merriam and Webster started their dictionary in the 1800s and they wrote it themselves. Webster wrote all the definitions in 1806 and it took him seven years to get 20,000 definitions into two volumes. We don’t want to do that. We want to beat Webster’s record and get the dictionary defined in maybe two years. I don’t want to do it – I want you to do it,’ Pitts said.

Pitts stressed the value of information within the context of NFTs, noting the intrinsic value of accurate and helpful definitions and how this could help create revenue and great returns for users who hold valuable SLictionary definitions.

Watch the full session here.


Panel discussion: The new world of NFTs

Jimmy Nguyen returned to the stage next to chair a panel on the future of NFTs, featuring a panel of experts in the BSV blockchain space who are working with NFTs. The panellists were as follows:

  • Eric Bernhard – General Manager, Fabriik Digital Objects
  • Rory MacDonald – Mixed Martial Artist, Professional Fighters League
  • Shawn Ryan – Co-Founder & CEO, SmartLedger
  • Victor Tang – CTO, NiftyCo

The speakers began by introducing themselves and the problems their ventures aim to solve within the NFT space, from tokenising artworks to event tickets.

Bernhard spoke about the work Fabriik is doing on its FabriikX NFT marketplace, and how its curation element is important to imbuing them and the platform with value beyond an open marketplace. 

‘With FabriikX, the goal is to create an expertly curated marketplace and it’s very different to a place like OpenSea where anybody can list an NFT. Based on our conversations with partners, athletes and celebrities, they want to be shown in the best light and where not anybody can throw up an NFT because it dilutes their brand,’ he said.

Tang also spoke about their NFT marketplace and their goal of creating a platform for digital assets that represent high-value artworks, such as those rare works stored by museums under high security or those they are restricted from displaying due to their rarity.

Rory MacDonald also revealed his first NFT, which is written to the BSV blockchain and is available for auction on the FabriikX marketplace. He explained why he chose the BSV blockchain to be the home for the first endorsed NFT artwork representing his likeness.

‘I have been very watchful of the market and learning about blockchain, and I felt like the best place to put it was the BSV blockchain because of the low fees and the security of it,’ he said.

Ryan spoke about the utility of NFTs within the ticketing industry, explaining how the minting of tickets and the ability to track and monitor them on an auditable public ledger solves many problems present in traditional ticketing models. Thanks to the low fees and fast transactions on the BSV blockchain, tickets can be traded and purchased quickly and easily, with owners always being able to prove their validity.

Watch the full session here.


Panel discussion: Licensing IPs for NFTs

The conversation around NFTs continued into the next panel discussion, also chaired by Nguyen, which focussed on the licensing of intellectual property and how this works within the NFT space. The following speakers took part in this panel:

  • Joe Brusha – CEO, Zenescope Entertainment
  • Adam Kling – Founder & CEO, FYX Gaming, Inc.
  • Gary Ma – COO, Epik

The panellists began by introducing themselves and how they became involved with the BSV blockchain. Their interests in NFTs showcased the broad range of applications of the technology and focussed on an exciting new partnership between all three panellists on licensing IP for use in blockchain-based video games.

Kling announced that FYX Gaming will soon bring some of Zenescope’s characters into its CryptoFights blockchain-based video game, with the initial character drops expected to roll out in November. This partnership benefits both CryptoFights and Zenescope, as it will improve the visibility of both platforms to different audiences.

Brusha said that tokenising their characters and IP brings significant potential for new revenue streams and the ability to partner with all kinds of film, book and video game creators who want to license their work.

‘Hopefully this will give more access to people who don’t know our company or our characters, and hopefully people will be interested in these characters and tokens and will purchase them,’ Brusha said.

Ma weighed in with his view on the partnership and Epik’s role in spearheading the deal as a global licensing agency, as well as their forward-looking strategy for IP licensing and NFTs.

‘We are continuing to forge ahead and build more of these partnerships for our clients, and to build more towards this frontier of Metaverses to bring products across different platforms,’ Ma said.

Watch the full session here.


Reinvent the music industry with BSV

After the lunch break, Blarecast Systems Co-founders Shem Booth-Spain and Luke Wenceslas Mayernik took the stage to speak about their company and its unique take on music streaming powered by the BSV blockchain.

‘Blarecast is a truly user-centric music platform. It’s a novel music streaming service via web and mobile app harnessing the power, speed, flexibility and unique capabilities of the BSV blockchain, which together allow Blarecast to provide a unique offering to rights holders and listeners alike,’ Booth-Spain said.

The platform focuses on music distribution, allowing artists and content creators to upload, publish, distribute and sell their content to consumers at any price, being paid instantly. A central goal of the platform is to improve the user experience of listeners and reduce friction in the distribution process for all parties involved, from artists to rights holders.

‘We wanted to enable a fresh, new and exciting experience in music consumption, we wanted to build bridges of connection between all rights holders, publishers, labels, artists and their fans. We want the music industry to genuinely evolve,’ Mayernik explained.

Data is tracked on-chain through Blarecast, ensuring transparency for artists with regards to their earnings, while also locking down many current issues with rights management. The platform also offers several exciting BSV-powered features that improve accessibility and the listening experience, not least of which is the lack of advertisements.

‘The BSV blockchain has shown us unrivalled scaling, supermassive big blocks and the capability to do a whole range of innovative processes, and for us it was always about the capability with the music industry and the blockchain interfacing with that process,’ Booth-Spain said.

Watch the full session here.


The path to Bitcoin adoption – Jeffrey Baek

Peer company Co-founder Jeffrey Baek was up next to speak about the work his company is doing in the BSV blockchain space and the new product they have just launched.

‘We are incredibly excited to introduce our new consumer product called Peer Send – it is going to be a game-changer,’ he said.

Peer Send is a browser extension that allows you to send and receive Bitcoin anywhere on the Internet. It is designed to solve the problem of adoption in the BSV ecosystem, specifically around the difficulty of integrating and navigating Bitcoin services compared with the traditional Internet.

‘Right now, Bitcoin only works in proprietary services and in order for them to integrate with Bitcoin, they need to have developers to integrate with Bitcoin. The problem is that 99% of users are not developers. We want every web user to send and receive Bitcoin in every web service, and that’s why we built Peer Send.’

This revolutionises the accessibility of BSV payments by allowing users to send digital currency to others over existing social media platforms. If the recipient does not have the browser extension installed, the payment will be automatically refunded in 24 hours.

‘Plugins are what changes the Internet forever. It’s not just sending money socially, you can create payment buttons and post them wherever you want on the Internet,’ Baek said.

His presentation dived into the potential applications of this extension-layer implementation of Bitcoin payments over the traditional Internet, looking at the myriad applications made possible by this simple and accessible solution.

Watch the full session here.


Honā and social accountability using blockchain – George Siosi Samuels

Next up, Honā Founder George Siosi Samuels took the stage to speak on the topic of social accountability and how this can be improved using a blockchain-based solution built on BSV.

Samuels explained how Honā was born out of a project accelerator where they were trying to solve ‘lone wolf syndrome’. The solution was to add financial incentives to goals, making people accountable to their commitments.

‘With Honā we’re trying to help people to take all of their learnings, their mistakes, and actually help them start doing more, and actually keeping a record of all their proof of actual work in the real world. We are a social accountability platform that helps users honour their word and get rewarded,’ Samuels explained.

The ability for BSV to offer smart contracts and tokenisation with low fees greatly expands the potential features of this platform, allowing users to stake tokens on their commitments and be rewarded with tokens if they reach their goals.

Samuels also gave insight into the product roadmap and the ability to apply its commitment-based model to both personal consumer applications as well as intra-enterprise productivity initiatives.

Watch the full session here.


Integrating business apps with BSV – Niels van den Bergh

The next speaker to take the stage was mintBlue CEO Niels van den Bergh, who introduced mintBlue – a BSV blockchain infrastructure company born out of the third BSV Hackathon in 2020.

The company was rebranded from the moniker it used in the Hackathon – Kyrt – as part of a strategy shift to expand its target market from consumers and SMEs to the enterprise market. mintBlue focuses on offering companies blockchain integration as a service through packages of APIs and software development kits that are designed around the primary consideration of interoperability.

‘The single largest innovation blocker is a lack of interoperability. To solve the most complex problems we face today in the world, most of the data already exists – we just can’t access it right now,’ van den Bergh said.

The platform offers a wide range of off-the-shelf solutions, including tokenisation, digital certificates, data integrity solutions, and more. To demonstrate the utility of this functionality and the BSV blockchain, he highlighted mintBlue’s partnership with Visma Yuki – a software-as-a-service solution for accounting offices, each serving hundreds of companies per day within Europe.

‘Europe’s largest blockchain solution is now live. Our vision is to become the integrity infrastructure for an honest Internet.’

Watch the full session here.


Secure and compliant document workflow using blockchain – Dennis Schroder

Next up was Dennis Schroder, President at SeraScript, whose presentation focused on how the BSV blockchain can be used to create a compliant, blockchain-verifiable document platform.

Schroder began by explaining his background and his vision of delivering compliant document workflows while removing the reliance on paper documents and contracts. SeraScript accomplishes this by leveraging the BSV blockchain to offer an accessible document workflow which is secured by the provenance and security features of BSV.

The platform is built on existing solutions such as Microsoft 365, making it simple and easy for companies to integrate the BSV blockchain into their existing workflows.

‘We’ve built this with a complete workflow decision tree logic, meaning we can structure documents any way you want. So if you have multiple documents that need to go to multiple different people, we can do all of that,’ Schroder said.

SeraScript also offers features such as chain of custody, digital signature integration, modifiable workflows and decision trees and secure archival data storage with a record of provenance.

The company has partnered with Veridat, which helped them bring the entire process onto the BSV blockchain seamlessly and efficiently.

Watch the full session here.


The gateway to the definitive blockchain

Next up, nChain Director of Marketing Dominic Duffy and Director of Product and Solution Strategy Andy Mee took the stage to speak about Kensei – the gateway to the definitive blockchain.

Kensei was built by nChain as a data integrity platform that offers tamper-proof storage and compute ability. The platform includes a services that removes the requirement for customers to interact directly with the BSV blockchain, offering simple and easy ways to write and read securely from the digital ledger.

Duffy demonstrated how rife the issue of data integrity is in many industries and noted how trusting unreliable data can have devastating consequences for many types of businesses. Kensei solves this by ensuring data integrity as a function of the BSV blockchain’s security and immutable record while offering companies an accessible interface that abstracts away from direct blockchain transactions.

‘Solution builders solving real-world problems, solving data consistency problems, can interface with Kensei’s products, and we’ve hidden all the rest of the complexity,’ Mee explained.

Thanks to its construction on top of the BSV blockchain, the Kensei platform is fully managed and infinitely scalable, it requires no server costs and it has no downtime.

Watch the full session here.


Leading the future of blockchain transaction processing – Kal Suurkask

TAAL CCO Kal Suurkask was up on stage next to speak about how blockchain transaction processing works and how TAAL is creating the future of this process.

Suurkask spoke about the rapid growth in average block size of the BSV blockchain, as well as its ability to handle the steadily increasing transaction throughput of the network. He gave the audience insight into how a transaction processing company like TAAL must adapt and scale itself to meet the demands of the network.

He also spoke about the services offered by a transaction processing company, and how these need to be expanded to improve adoption of the BSV blockchain and grow revenue streams for transaction processors.

As the BSV blockchain continues to evolve and new technologies and applications are deployed, transaction processors have the ability to offer new services to customers.

‘We built the infrastructure, we have the technology, now we need to get that utility, that value. How do we get people to build on the blockchain? We write, we read and analyse, and we tokenise,’ he said.

Suurkask spoke about how each of these four tasks can be used to deliver a range of solutions to companies, which may be related to data integrity, analytics, or the creation of tokenisation protocols that can be used by other service.

Watch the full session here.


Panel discussion: How news reporting affects the digital asset market

Bitcoin Association Head of Communications Alexander Speirs took the stage next to chair a panel discussion on news reporting and how this affects the digital asset or ‘cryptocurrency’ market.

Speakers on the panel fielded vast experience in the media and blockchain spaces, and comprised the following experts:

  • James Bowater – Founder & Editor-at-Large, Crypto AM | City AM’s Crypto Insider
  • Jill Malandrino – Global Markets Reporter, Nasdaq, Host, Trade Talks
  • Rachel Wolfson – Reporter (Cointelegraph), Author, Public Speaker and Analyst

The discussion began with an introduction to each of the speakers’ knowledge and experience of blockchain technology, as well as how they approach the task of reporting on the topic.

Panellists discussed the manner in which digital assets are covered around the world, stressing that the need to do research and deliver more investigative articles is important for offering good coverage in such a difficult space.

The discussion also encompassed how stories relevant to the digital assets industry are selected by journalists and the processes followed by media with a broader coverage mandate in covering blockchain-related news.

Recognising the need for publications to generate an audience from each story, Speirs also spoke to the panellists about the engagement they had seen on their platforms and which type of content received the most attention.

A central theme of the discussion was the need for the education of journalists across the broader media space, where the focus in terms of coverage is generally related to speculative token pricing. Panellists also considered how the BSV ecosystem could go about improving the general knowledge around the BSV blockchain and the real value being built on the network.

Watch the full session here.


Bitcoin and blockchain energy consumption

Up next, MNP Partner Hassan “Hash” Qureshi and Senior Consultant Joe MacCallum introduced the auditing firm which they represent, as well as the studies they have conducted into the BSV blockchain and the findings they have made.

MNP investigated the energy consumption of three blockchain protocols – BTC, BCH, and BSV and found that the BSV was significantly more power-efficient than other blockchains, especially at larger scales.

‘BTC consumes a significant amount of energy more than the other two protocols, we’re talking orders of magnitude. BTC is increasing in consumption over time for both kilowatt-hours per transaction and kilowatt-hours per megabyte. But if we look at BSV it is a completely different story – it is actually trending downward over time,’ MacCallum explained.

Qureshi noted that BSV scales with transaction throughput and block size increases, it can fit more transactions into each block, which require the same level of difficulty regardless of their size. This means that unlike BTC, BSV’s efficiency per transaction scales with the block size and network usage.

‘It’s a story about throughput and it’s a story about block size. BSV averages more transactions and so it is going to be more energy-efficient.’

The full report conducted by MNP is expected to be released within the next few months.

Watch the full session here.


Panel discussion: How to achieve green Bitcoin

Following the presentation by MNP around BSV’s energy consumption being far more efficient than BTC and BCH, a panel discussion was held on how blockchain technology could become more environmentally friendly.

The panel was chaired by nChain Director of Communications and Corporate Development and featured the following speakers:

  • Lars Jorgensen – COO, TAAL Distributed Information Technologies
  • Dave Perrill – Co-Founder & CEO, Compute North
  • Hassan (“Hash”) Qureshi – Partner, MNP
  • Steve Shadders – CTO, nChain | Technical Director, Bitcoin SV Infrastructure Team
  • Dr. Dhirendra Shukla – President & Chair, Gray Wolf Analytics Inc.

The panel began by addressing green energy across the world in general, as well as the ways in which heat generated from Bitcoin mining could be repurposed to fulfil other needs.

Speakers also noted the differences between traditional data centres and Bitcoin miners, pointing out how these could enable more environmentally friendly configurations than centralised data centres.

‘Miners really have the opportunity to change the dynamics of the entire energy industry, because the really unique thing about a mining operation is that it if you think about a big data centre, it needs three things – it needs a big source of power, it needs a lot of cooling, and it needs a fast Internet connection. But a miner does not need a fast Internet connection,’ Shadders explained.

This means Bitcoin miners can be set up in remote areas – in places where their environmental impact could be greatly reduced by taking advantage of geographical factors like natural cooling or high concentrations of solar energy.

Speakers agreed that proof-of-work is essential to the Bitcoin blockchain and its consensus mechanism, although they noted that the BSV blockchain’s unbounded scaling and large block sizes result in a lower amount of energy consumed per transaction. 

Panellists spoke about the potential for the BSV blockchain to overtake traditional payment networks in energy efficiency at greater scales while also offering far more functionality.

Watch the full session here.


Keynote speech – George Gilder

George Gilder

To close off the second day of CoinGeek New York, economist, writer, investor and technological visionary George Gilder took the stage to deliver the keynote address of the day.

He began by speaking about the future of the Internet and how it would be led by the innovators and technical visionaries who founded and are deeply involved in the BSV blockchain.

‘Satoshi’s blockchain is one of those technologies… that can solve not one problem but a whole range of problems and thus gains a kind of momentum and interactive spiralling power that allows it ultimately to prevail and change the entire system of the world,’ Gilder said.

He spoke about the ‘two-fold scandal’ of Internet security and global money, describing the problem with floating money as the creation of more money and stagnation in the global economy causing currency trading to take greater and greater shares of the global economy.

Gilder said the BSV blockchain and the revolutionary platforms being built on top of Satoshi’s original protocol are poised to solve these problems and to improve the effect of global money and data on the world. He added that blockchain is not a place to hold tokens and speculate on their prices, but rather a place to focus on transactions and the utility built upon them which creates real value.

‘What makes Satoshi’s blockchain so superior to all the others is that it has blasted away all the limits. We have HODLing masses yearning to breathe free, and they can breathe free in Satoshi’s vision that has no limits to the size of blocks, to the number of transactions, to the opportunities for human creativity,’ he said.

‘That is why it is so critical and so exciting that BSV has more transactions and more activity than BTC.’

Watch the full session here.