Texas Bitcoin Conference

My sire runs the Texas Bitcoin Conference, which is held in Austin Texas and is a platform for the proliferation of information about Bitcoin and associated technologies, namely his own 'Coin', Factum.

The Texas Bitcoin Conference is actually something I helped work on, I managed part of the website and helped organize speakers and information that was held on the website to make sure it was up to date.

Bitcoin has been increasingly found to have alternative uses than as a currency. Some technologies play off of Bitcoin and can accomplish other tasks, such as verifying documents or contracts. Factum is one of those technologies, which is what my sire has made. Factum is technically a Coin because of its structure, except that they can be used to "hashcheck" documents. This means that a document is saved and verified and date stamped. So unlike Bitcoin, which is a currency, Factum is more so a product that can be spent.

Postit, the Return of the News Report

Talking points for Bitcoin:

Economic slump time, which is really sad. The price of Bitcoin as spent several weeks under 300 hundred dollars in the past few months. This is something that can hurt the Bitcoin economy, its users as well as companies that use Bitcoin.

The problem with price drops and Bitcoin is that people generally expect the price to slowly raise, and that larger companies that allow people to pay in Bitcoins can become dissatisfied with lowering prices because their stores will drop by significant amounts (larger stores mean more loss when price drops, so they could stop using Bitcoin).

This isn't a worry for anyone outside of the Bitcoin economy, which means that companies could begin pulling out of Bitcoin. The real popularity of Bitcoin is rising because of the technologies it can unlock, such as public chains or ownership, which all culminates in a larger shift of focus away from the currency itself.

This isn't necessarily a crisis or anything, or even bad. I am not a fervent supporter of Bitcoin as much as I like it for what it does. Bitcoin could return in price, back up to its 2014 normal or around 500 hundred dollars, or could raise.

Or it could crash like a leaning James in a ill made chair. Whichever. It's all hodge posh of chances.