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1910

Top 10 richest countries

1989

Hyperinflation = +12,000%

2001-02

“Corralito” / Default

2010s

Inflation + currency controls

© Osvaldo Santa Fé
BRAZIL
CUBA
CYPRUS
VENEZUELA
ZIMBABWE
Etc., Etc…
Of the 7 billion people alive on the
planet, 1.1 BILLION subsist below the
internationally accepted extreme -poverty
line of $1.25 A DAY .
The Economist
Adult population with NO USE OF formal or semiformal FINANCIAL SERVICES
Foreign Development Aid

Remittance flows are
LARGE and GROWING
Official Development Assistance
Underdeveloped infrastructure
Limited competition
Regulatory obstacles
IMAGINE
D I G I TA L PAY M E N T S N E T W O R K

INSTANTANEOUS, SECURE, LOW COST
GLOBAL TRANSFER OF VALUE
D I G I TA L M O N E Y

TRANSACTIONS IN “BITCOINS”
DOLLAR VALUE  OPEN MARKET
COUNTERFEIT-PROOF “ONLINE CASH”
TOTAL CAPPED INFLATION-PROOF
REVOLUTIONARY
DISTRIBUTED|DECENTRALIZED
CENTRALIZED

DISTRIBUTED
PEER
PEER

PEER
PEER
PEER

PEER
PEER

PEER

PEER

PEER

PEER

PEER
PEER

NO central authority orPEER
PEER
PEER
PEER
PEER PEER
financial institution in control

PEER

PEER

PEER

PEER

PEER

PEER
PEER
M AT H - E N F O R C EPEER T R U S T
D
PEER
PEER

PEER

PEER

PEER

PEER
REVOLUTIONARY
PAY M E N T & I D E N T I T Y
S E PA R AT E D
Payment + identity
Payment + identity
CONSUMER PRIVACY PROTECTED
MERCHANTNO CHARGEBACKS / FRAUD
Payment only
PROTOCOL

APPLICATIONS BEYOND PAYMENTS 
SECURE CONTRACTS, ESCROW, TAMPER PROOF VOTING, NOTARY SERVICES, ETC.
P L AT F O R M F O R I N N O V AT I O N
Underground e c o n o my
ECO-SYSTEM
R E G U L AT I O N
P R I VA C Y | T R A N S PA R E N C Y
S P E C U L AT I O N | S E C U R I T Y
D I S R U P T I O N O F S TAT U S Q U O
“ Virtual currencies promise to benefit
commerce on many levels, from serving
the unbanked to new financial
products. I challenge our innovators:
devise c r e a t i v e s o l u t i o n s to prevent
virtual currency abuse.”
FinCEN Director Jennifer Shasky Calvery
“If you haven't heard of
BITCOIN, drop what you're
doing and go research it, for it
is THE MOST IMPORTANT
PROJECT ON THE PLANET.
Erik Voorhees
“If you haven't heard of
BITCOIN, drop what you're
doing and go research it, for it
is THE MOST IMPORTANT
PROJECT ON THE PLANET.
Erik Voorhees
“If you haven't heard of
BITCOIN, drop what you're
doing and go research it, for it
is THE MOST IMPORTANT
PROJECT ON THE PLANET.”
Erik Voorhees
Thank you!

@JuanLlanos

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