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In which I continue to seek part time employment as the ruler of the world.

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Thursday July 26 2012

On the evening of August 3rd, i.e. in just over a week’s time, there will be a talk at my home, on the subject of Bitcoin, given by Frank Braun.  Arrive any time after 7pm.  Talk begins 8pm.  Informal socialising from 9.30pm until late.

Frank Braun has provided the following biographical notes:

Frank Braun is a libertarian computer scientist who got interested in Bitcoin about two years ago due to its potential to increase personal liberty.  He works as an IT security consultant and is sometimes getting paid in Bitcoin.  He is a strong privacy proponent and cannot be found on Facebook.

Which might have something to do with why he preferred me not to include a picture of him in this posting.

Concerning his Bitcoin talk, Frank Braun writes this:

In this talk an introduction to Bitcoin will be given: how it works, its key innovations and limitations, and how it can enhance personal liberty right now and in the near future.

Bitcoin is a peer-to-peer (decentralized) digital currency which became public in 2009. It uses digital signatures and cryptographic proof so as to enable users to conduct irreversible, pseudonymous transactions without relying on trust.

It is mostly unregulated, not controlled by state agencies, and is heavily influenced by ideas from counter-economics and cryptoanarchy.

Currently there are 9.5 million Bitcoin in circulation (a Bitcoin is worth around 6 British Pounds) and an ecosystem of legitimate (exchangers, eBay like marketplaces, and many small merchants) and illegitimate (for example, the underground drug market place Silk Road) businesses has developed around it. It will be discussed what Bitcoin means practically for Libertarians and how it relates theoretically to the Austrian theory of money.

My home is not a big place, and it is possible that more people will want to attend than I can accommodate, so please email me (at Brian At BrianMicklethwait Dot Com) if you want to attend, good an early.  My guess is that all who wish to attend will fit in, but that’s only a guess.  I will then email back with my address, and further details of the evening.

Hi Brian
Thanks for organising an excellent evening. I was inspired to write it up.

http://libertarianhome.co.uk/2012/08/bitcoin-a-protocol-for-the-distributed-maintenance-of-a-ledger/

Posted by Simon Gibbs on 07 August 2012
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