volunteering. and they will need to have confidence in the new cryptocurrency soaps and accept it as a means of exchange. of views on the. marketing front of what s clear is that some of the world s most banks scrambling to catch the cryptocurrency wave among them german based. it s hired experts in the area to try to figure out how to retain business in a world where it would no longer act as a middleman likely to get must went to meet one of them in london. i m here bedford is known as mrs krypto she works in london for dacha bank kind of as its guide to the future scouting out emerging technologies. the chain has the potential to give back to customers control of their data she says blushing creates transparency it s
regular means of payment. is a berlin startup that aims to promote exactly that bringing together the rounds of old school money and new fangled crypto currency with a partner bank it is building an online bank account that lets you buy and sell bitcoin and make and receive payments. we can t trust governments to control our monetary policy because they obviously made a lot of mistakes. we consider ourselves. as a bridge between the old world and the new world so we don t believe in a world where your only have money or only have cryptocurrency money we believe in a world where you re going to have both of those but if we look at the current trends we know the trailing cryptocurrency is going to be everywhere i don t think it s going to be so tangible. like now every single day our days are different because we re using smartphones etc i think well i m not sure will be as pervasive
history as a milestone but this fateful first ever recorded transaction of bitcoin is what kickstart the cryptocurrency boom. in two thousand and ten one bitcoin was worth less than one us cent in two thousand and thirteen it was worth one thousand dollars and in december two thousand and seventeen it jumped to almost twenty thousand dollars. because it was invented as an alternative to the prevailing club or financial system a revolutionary way to conduct transactions without third party intervention no banks no central banks no government authorities except much rather as a consultant to you advise us companies on creating their own crypto currency he also runs a group you re involved in for people interested in crypto currency use. and i ask
the environment or in training and education they named their project dorothy on it s a foundation using blog chain technology worldwide to assess the value of an idea the problem in your problems young people face that can be reduced through voluntary activities like these here there s value in that in fact it can be displayed in a car then the community can say we like this and we want to back it that hole will give you so many impact or can still support it through doria my can trade the social impact tokens into a tradable cryptocurrency the sobs themselves. the project even reaches places like the jungle of papua new guinea the idea of a social cryptocurrency has a lot of potential in developing countries. that s why the founders of doggie own have come to port moresby the capital city of papua new guinea to introduce that concept at a start up conference. for the past two years and they are slang in co-founder hard
financial system and in crypto currencies online banking adopts a much more vulnerable than our crypto wallets if they re managed right. carson says banks are liable for losses incurred through fraud and that in the world of crypto currency is there s no safety net the most important usurps or so you were currencies are those who are also see it that we. treat for example laundering money is great. and so on and so forth. that these. are and kirsten says that because there s no regulation of digital currencies crookery can flourish. you can do crooked things as easily with a crypto currency as with real money i see crypto currency as a tool you can use a hammer to repair the roof or build a kennel or to bash someone on the head of all human. one selling point of crypto currency has been the speed of transactions but payment times have slowed to about