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Main => General Discussion => Topic started by: openledger on August 19, 2015, 09:24:42 am

Title: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: openledger on August 19, 2015, 09:24:42 am: Please suggest pitch describing Bitshares as Financial concept

Based on my speaker slot at the GMTS2015, thread is here https://bitsharestalk.org/index.php/topic,18025.0.html and the need in general for a strong way to introduce to the public and all the traders investing in the stock market on Wall Street as well as domestic stock markets, Denmark is my favourite(mind you this section called investing is where my Forbes contact has his his biggest interest), I would appreciate a great pitch to throw in for an initial discussion whereever I might be in the future.

One of the ideas with a pitch like this is to get the Danish CEO of SAXObank Lars Sejer Christensen with headoffice in Denmark http://uk.saxomarkets.com/ in Denmark interested in having some sort of connection with the financial network of Bitshares through his Investment Bank SAXOBank - Saxo offers trading through its online platform SaxoTrader in Forex, stocks, CFDs, futures, funds, bonds and futures spreads. https://en.wikipedia.org/wiki/Saxo_Bank

To me it seems a great possibility if I am able to catch his interest as a potential partner to his own business finding ways to combine the strengtss of Saxo with the strength of Bitshares 2.0. He is already involved in bitcoins, so the interest is there already for the crypto currency, untill now he has hesitated to coennct more deeply into this with his own, but I think Bitshares has what he might be needing as that last incentive to enter.
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: mf-tzo on August 19, 2015, 09:27:45 am: Decentralized Cryptocurrency Derivatives Exchange
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: openledger on August 19, 2015, 09:31:29 am: Quote from: mf-tzo on August 19, 2015, 09:27:45 am
Decentralized Cryptocurrency Derivatives Exchange

Well, it is nice sentence, but need a sales pitch for normal people to catch interest immediately. Too many words in that sentence unknown to most people out there.
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: monsterer on August 19, 2015, 09:32:18 am: All the advantages of bitcoin combined with your national currency.
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: xeroc on August 19, 2015, 09:34:40 am: Related:
https://bitsharestalk.org/index.php/topic,11468.0/all.html
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: openledger on August 19, 2015, 09:35:05 am: Quote from: monsterer on August 19, 2015, 09:32:18 am
All the advantages of bitcoin combined with your national currency.

And the rebuttal question right back if presented to the average commercially minded inivididuial is here, what is bitcoin? :)
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: mf-tzo on August 19, 2015, 09:42:25 am: I guess if you want something very simple the best description I heard about what is bitusd was from someone in here (I think Toast not sure) bitusd is a usd in the internet so essentially bitshares is the way someone can obtain this new form of "internet" usd
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: openledger on August 19, 2015, 10:05:50 am: Quote from: mf-tzo on August 19, 2015, 09:42:25 am
I guess if you want something very simple the best description I heard about what is bitusd was from someone in here (I think Toast not sure) bitusd is a usd in the internet so essentially bitshares is the way someone can obtain this new form of "internet" usd

Like this:

BitUSD is the USD (the money of the internet), so essentially Bitshares is offering the kind of internet money to be used as the preferred digital currency where your imagination allows you to go, and once you decide to change the internet money with real cash, you need to eat sometimes, dont you?, well then you can change this to the worlds fiat like USD, EUR, CNY, CAD etc. via the Open Ledger - an all-in-one solution provided by the Bitshares financial network and CCEDK, the danish crypto currency exchange allowing deposits and withdrawals of crypto to fiat in a smooth, efficient and secure way

Open Ledger is a bitshares 2.0 wallet with a decentralized exchange and financial network for cryptocurrency offering the speed of 100K transactions per second, the wallet is your very own vault for highest security allowing multi-sig accounts and with the additional real-time crypto debit NanoCard allowing you to have your dinner in that very special resturant of yours with crypto funded durectly from your account in the very moment of the transaction of payment, you have all whatyou need to be trading crypto curerncies on a full stomach in a secure environment.

I guess I should add that we are consiering using Open Ledger as the name of the CCEDK based bitshares wallet.
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: monsterer on August 19, 2015, 10:34:04 am: Quote from: ccedk on August 19, 2015, 09:35:05 am
And the rebuttal question right back if presented to the average commercially minded inivididuial is here, what is bitcoin? :)

If they haven't heard of bitcoin, they have no need for bitshares most probably.
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: openledger on August 19, 2015, 10:40:34 am: Quote from: monsterer on August 19, 2015, 10:34:04 am
Quote from: ccedk on August 19, 2015, 09:35:05 am
And the rebuttal question right back if presented to the average commercially minded inivididuial is here, what is bitcoin? :)

If they haven't heard of bitcoin, they have no need for bitshares most probably.

So, you are saying that Bitshares is limited to the amount of people knowing about Bitcoin?
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: lakerta06 on August 19, 2015, 10:42:06 am: Fast/Stable/Cheap
Pick ~~Two~~ Three
Bitshares
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: monsterer on August 19, 2015, 11:15:44 am: Quote from: ccedk on August 19, 2015, 10:40:34 am
So, you are saying that Bitshares is limited to the amount of people knowing about Bitcoin?

Basically yes. Here is why:

* Real need for alternative stores of value tend to come from failing economies
* If you live in a failing economy, you will surely have been searching for alternative stores of value
* The first thing you will find is bitcoin (then look in horror at the volatility, cue bitshares)

There are, of course, tertiary needs, such as overcoming visa's transaction fees for merchants, or using an exchange with no counter party risk, but by and large when you try to talk to people who don't know about bitcoin, you'll have a hard time talking to them about bitshares.
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: xeroc on August 19, 2015, 11:18:37 am: IMHO, one big selling point of a DEX is the *global order book*, hence:

BitShares is an exchange that offers *global* order books and is as easy to use as Facebook
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: betax on August 19, 2015, 02:57:45 pm: Bitshares a part from all this, allows you to register, distribute / (buy and sell) any asset. This can be anything stock in your company, property , etc. This includes internet currency like bitUSD etc.
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: openledger on August 20, 2015, 09:18:36 am: +5%
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: openledger on August 20, 2015, 10:04:21 am: Changed the subject slightly as I seem to have very little response, I appreciate all comments, thanks, as I want to bring the best of Bitshares to the table when speaking in September.
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: luckybit on August 20, 2015, 11:05:33 am: Quote from: mf-tzo on August 19, 2015, 09:27:45 am
Decentralized Cryptocurrency Derivatives Exchange

http://www.investopedia.com/terms/d/derivative.asp

You can't use the word Derivatives unless actual securities are involved. Bitshares 2.0 does have the capability to support it though.
Title: Re: Please suggest pitch describing Bitshares as Financial concept
Post by: luckybit on August 20, 2015, 11:09:17 am: Quote from: ccedk on August 19, 2015, 09:31:29 am
Quote from: mf-tzo on August 19, 2015, 09:27:45 am
Decentralized Cryptocurrency Derivatives Exchange

Well, it is nice sentence, but need a sales pitch for normal people to catch interest immediately. Too many words in that sentence unknown to most people out there.

Quote from: Empirical1.2 on August 18, 2015, 08:24:06 pm

Regards 'BitShares Aims to...'

BitShares aims to be the market leader in crypto-backed derivatives as well as related products and services.

Store your funds in $, €, ¥, Au or Ag in a fast, easy to use, globally accessible wallet thereby offering a service that's more private and secure than a Swiss Bank Account. https://moonstone.io/

Trade shares, indices, currencies and commodities on a fast, reliable decentralised exchange thereby competing with notoriously risky centralised exchanges http://www.coindesk.com/45-percent-of-bitcoin-exchanges-fail-study-finds/ & perhaps even one day making the NYSE obsolete http://www.maxkeiser.com/2015/07/bitshares-nyse/

Spend funds easily online or via the NanoCard, a versatile, global & anonymous BitAsset enabled debit card
http://www.forbes.com/sites/rogeraitken/2015/07/16/is-the-nanocard-bitcoins-killer-app-can-it-transform-the-global-remittance-market/

Quote
’A new generation of 2.0 coins – ‘SmartCoins’ – will become available as funding options for the NanoCard over the coming months. It means users will be able store their funds in cryptocurrencies pegged to the Euro, US dollar, Chinese Renminbi (CNY), silver as well as gold – and converted only at the time of use.

"It’s like having your savings, checking, and trading accounts in the palm of your hand, accessible from anywhere in the world – with dramatically lower fees than banks and exchanges have ever been able to offer.’
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: xeroc on August 20, 2015, 11:43:01 am: Quote from: luckybit on August 20, 2015, 11:05:33 am
http://www.investopedia.com/terms/d/derivative.asp

You can't use the word Derivatives unless actual securities are involved. Bitshares 2.0 does have the capability to support it though.
Are you positive about that?
https://en.wikipedia.org/wiki/Derivative_%28finance%29
Quote
In finance, a derivative is a contract that derives its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and is often called the "underlying".[1][2]
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: roadscape on August 20, 2015, 04:34:22 pm: A few ideas for describing the platform in a nutshell.. perhaps one of these is a good jumping off point for your pitch:

- Decentralized financial instruments platform
- Globally distributed, cryptographically-secure, and auditable ownership ledger
- PayPal without the PayPal
- The NYSE without the NYSE / Wall Street without the Wall Street

And the ideological angle is ok but with orgs like SAXO it comes down to the bottom line.. profits. So how can a platform like ours help them decrease costs and increase profits? We know what's in it for the consumer.. but what's in it for SAXO? Lower infrastructure cost.. more efficient clearing.. baked-in security?

They would doubtfully use the blockchain (at this point) for their existing offerings, but can they add a new BitShares-based product that would attract new markets/niches and grow their customer base? A product that's low-risk (legally, financially) with a large potential upside (revenue, users, or even just image-building/marketing)?
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: NewMine on August 20, 2015, 07:48:30 pm: Brian Page might be interested.
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: openledger on August 20, 2015, 07:55:43 pm: I feel part of the bitshares community now when I have a comment from @newmine in one of my threds, thanks so much :)
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: NewMine on August 21, 2015, 06:01:00 am: Quote from: ccedk on August 20, 2015, 07:55:43 pm
I feel part of the bitshares community now when I have a comment from @newmine in one of my threds, thanks so much :)

Truly you shouldn't even post this if you are "in the know" and "part of the Bitshares community". Ak aka Adam K. Ernest is the marketing guy and the one who is being paid through vesting shares of BTS to do exactly what you are asking for. Talk to Bytemaster and ak.

Honestly, you shouldn't be hearing this from me and it is quite sad. :(
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: NewMine on August 21, 2015, 06:03:16 am: Quote from: newmine on August 21, 2015, 06:01:00 am
Quote from: ccedk on August 20, 2015, 07:55:43 pm
I feel part of the bitshares community now when I have a comment from @newmine in one of my threds, thanks so much :)

Truly you shouldn't even post this if you are "in the know" and "part of the Bitshares community". Ak aka Adam K. Ernest is the marketing guy and the one who is being paid through vesting shares of BTS to do exactly what you are asking for. Talk to Bytemaster and ak.

Honestly, you shouldn't be hearing this from me and it is quite sad. :(

30 million BTS AK gets for marketing duties and this guy here is canvassing the community for volunteers to do,AK's job.
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: jakub on August 21, 2015, 07:02:22 am: Quote from: newmine on August 21, 2015, 06:01:00 am
Quote from: ccedk on August 20, 2015, 07:55:43 pm
I feel part of the bitshares community now when I have a comment from @newmine in one of my threds, thanks so much :)

Truly you shouldn't even post this if you are "in the know" and "part of the Bitshares community". Ak aka Adam K. Ernest is the marketing guy and the one who is being paid through vesting shares of BTS to do exactly what you are asking for. Talk to Bytemaster and ak.

Honestly, you shouldn't be hearing this from me and it is quite sad. :(
For once I do agree with newmine.
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: openledger on August 21, 2015, 07:13:41 am: Quote from: newmine on August 21, 2015, 06:01:00 am
Quote from: ccedk on August 20, 2015, 07:55:43 pm
I feel part of the bitshares community now when I have a comment from @newmine in one of my threds, thanks so much :)

Truly you shouldn't even post this if you are "in the know" and "part of the Bitshares community". Ak aka Adam K. Ernest is the marketing guy and the one who is being paid through vesting shares of BTS to do exactly what you are asking for. Talk to Bytemaster and ak.

Honestly, you shouldn't be hearing this from me and it is quite sad. :(

I appreciate your comments, and you are clearly making use of the freedom of speech in this community :), it is however obvious in big communities that in order to get your messages out you need to have the community interact and do some brainstorming together. My thread here is just my way of telling the community that work is being done to promote and market Bitshares and furthermore that comments to help this are appreciated.

Don't you worry about getting enough feed to be used on the Summit, this thread is only one of many mechanisms in my end to collect and build upon for constructibe and proactive work :) ;)
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: Empirical1.2 on August 21, 2015, 11:47:46 am: My best example pitch at short notice...

....

As we all know, European governments are over-indebted, banks are over-leveraged & the world economy is slowing. Cyprus & Greece have already experienced the horror of waking up to find their banks closed, most of their funds inaccessible and even 'bailed-in'. With capital controls, negative interest rates & a war on cash, European individuals and businesses are rightly concerned.

However thanks to a ground-breaking company called BitShares, there is a simple solution.

In fact, in minutes you can open and fund an online account that is completely unexposed to the global financial and banking system. An account that is also anonymous if desired and lets you hold Euro, Pound, Dollar & other currency denominated balances. This account can't be seized, confiscated or targeted by any government.

So what is BitShares?

BitShares is a company that exists entirely in distributed code.

The forerunner of this concept was Bitcoin. The first internet based currency started in 2009 which showed that it was possible to create a tamper proof, transparent currency that could be simultaneously processed by computers all over the world therefore making it very hard to shut down. Today Bitcoin is still the market leader with a capitalisation of $3.5 Billion, however the major drawback is that internet currencies can be very volatile and are also of limited use to individuals and businesses who would rather hold balances in major national currencies or gold and silver.

The key innovation BitShares has pioneered is a way to create transparent, stable currency products such as Euros & Pounds by backing them with a dynamic, over-collateralised pool of the internet based currency. The system has proved so successful that even when at one point the backing currency lost 90% of it's value, the major currency products remained fully backed & unaffected. This success has rightfully attracted a lot of interest from the financial media and industry partners including myself who despite it being a relative newcomer at just over a year old, believe BitShares will rapidly revolutionise our financial landscape.

Last month it was described in Forbes as being like 'having your savings, checking, and trading accounts in the palm of your hand, accessible from anywhere in the world' & a recent article on MaxKeiser.com titled BitShares as 'The technology that could make the New York Stock Exchange obsolete.' Personally as CEO of CCDEK, a Danish Exchange, I was so impressed by BitShares that I am transitioning to using it on the back-end to provide my customers with maximum transparency, performance, security and privacy. I have also recently launched the NanoCard, a versatile, global, anonymous if desired debit card that can link to your BitShares account.

So whether you're an individual or a business that could benefit from a globally accessible, unseizable, private account, that can transfer funds anywhere in one second for less than 20 cents. Or alternatively if you'd like to invest in a company which actually benefits from the global downturn and financial instability then I'd highly recommend looking further into BitShares at BitShares.org or feel free to ask me any questions.
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: EstefanTT on August 21, 2015, 12:34:38 pm: Quote from: Empirical1.2 on August 21, 2015, 11:47:46 am
My best example pitch at short notice...

....

Hi Empirical

I'm revamping my web site BitShares French ConneXion. I'm currently writing an introduction text for the home page.

I like what you just wrote. Is that OK if I steal you a couple of sentences here and there for my introduction ?
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: Empirical1.2 on August 21, 2015, 12:38:36 pm: Quote from: EstefanTT on August 21, 2015, 12:34:38 pm
Quote from: Empirical1.2 on August 21, 2015, 11:47:46 am
My best example pitch at short notice...

....

Hi Empirical

I'm revamping my web site BitShares French ConneXion. I'm currently writing an introduction text for the home page.

I like what you just wrote. Is that OK if I steal you a couple of sentences here and there for my introduction ?

Thanks & of course, if there's anything useful there, feel free to use it :)
Title: Re: Speaker slot at the GMTS2015, need pitch for Bitshares financial concept!
Post by: EstefanTT on August 21, 2015, 12:57:46 pm: Quote from: Empirical1.2 on August 21, 2015, 12:38:36 pm
Quote from: EstefanTT on August 21, 2015, 12:34:38 pm
Quote from: Empirical1.2 on August 21, 2015, 11:47:46 am
My best example pitch at short notice...

....

Hi Empirical

I'm revamping my web site BitShares French ConneXion. I'm currently writing an introduction text for the home page.

I like what you just wrote. Is that OK if I steal you a couple of sentences here and there for my introduction ?

Thanks & of course, if there's anything useful there, feel free to use it :)

Thanks, I'll probably use some parts of it ;p