How can Bitcoin defend your personal privacy? Jump to 19.35 to find out
Nicholas is the CEO at CommerceBank
A cryptocurrencies entrepreneur & software engineer, Nicholas has been involved with bitcoin since 2012. Nicholas is a technologist first and foremost, he caught the bitcoin bug through writing software for banks.
Although he was working in banking Nicholas did question the ethics of the 2008 financial crisis and thought it was unfair that they got bailed out. He came to the conclusion the traditional banking sector wasn’t for him.
This realisation spurred his interest in Blockchain and he found the concept of bitcoin fascinating. This culminated in his role as the CEO at CommerceBank
Nicholas is regularly quoted in major cryptocurrency publications and he is an experienced advisor for government trade bodies on crypto.
Battling for your personal privacy
This is going to be an ongoing debate or battle for future generations. I think governments are going to use boogie-men like terrorists and other nefarious characters to reduce peoples privacy. All in the name of public safety.
I think people are going to fight back against this and Bitcoin is part of that fight back. People want their privacy, they don’t necessarily want a government agency of a big company like facebook knowing everything they do.
Now I’m not a conspiracy theorist, I don’t really think there’s an evil corporation using our data for their own gains. But all you’ve got to do is look at the world around you and realise that all it takes is a hack on Facebook to have your personal details stolen.
Imagine if Facebook, Twitter or Linkedin lost all their data. Your privacy is wrecked. I think this is a safety risk as we’re creating these honey pots of data which can be very damaging. Software’s made by humans, Softwares going to get hacked.
00.31 Delivering bitcoin talks
01.28 The rise of cryptocurrency
02.50 Bitcoin is the Netflix of money
04.14 Buying bitcoin
07.54 Building a big company
12.10 The evolution of crypto assets
17.21 Moving towards a cashless society
19.35 Battling for your personal privacy
21.45 Developing and building a team
25.20 Don’t move people around move the jobs around
29.06 Change is increasing exponentially
31.42 Disrupting the education sector