Bitcoin Will Save (or Destroy) the WorldVIEW EVENT DETAILS
Drinks reception at 6:30 pm
Discussion at 7:00 pm
Close at 8:00 pm
The fortunes of Bitcoin, the anonymous, decentralized, peer-to-peer digital currency have fluctuated wildly. Its price has swung drastically, going through two boom-and-bust cycles, with the cost of one Bitcoin rising from $2 to $30 in 2011, and then from $13 to $266 earlier this year. The big driver in Bitcoin's early growth was the online drug marketplace Silk Road, which took advantage of the currency's qualities to provide anonymity to patrons. But for many fans, Bitcoin use is a political statement — its existence proves that a currency with no centralized control is possible. Detractors though argue that Bitcoin investors have little recourse in cases of fraud and theft, highlighting the collapse of Bitcoin exchange Mt. Gox following the loss of Bitcoins valued at more than $500 million.
So just what is known about this digital currency? What is the easiest way to access them and how are they spent? How secure is Bitcoin? Will it ever be a mainstream currency? What are the risks and should investors consider it a good investment? How will Bitcoin affect the future of finance? Will it transform Hong Kong's financial industry for better or for worse?
Jehan Chu is a Bitcoin investor and founding member of the Bitcoin Association of Hong Kong. He is co-founder of Rise: Bitcoin events in Hong Kong and Singapore, and founder of the Ethereum HK Meetup Group. Passionate about crypto-currencies, Mr. Chu specializes in introducing and educating financial audiences about the groundbreaking potential of decentralized technologies. Mr. Chu was formerly Head of Client Development in Asia at Sotheby's Auction House in New York. He then started Vermillion Art Collections, a specialized art advisory working with private and corporate art collectors. Mr. Chu graduated from Johns Hopkins University.
Melissa Guzy is founder & managing partner of Arbor Partner, with more than 25 years of experience as an entrepreneur and as a venture investor. Prior to the founding of Arbor Partners, Melissa was the Managing Director andhead of VantagePoint Asia. In 2007, Melissa moved to Hong Kong to build VantagePoint's investment practice in the region, establishing offices in Hong Kong, Beijing and Shanghai. During her tenure at VantagePoint, she invested in early stage technology companies in both Asia and in Silicon Valley. Additionally, in 2010 Melissa co-developed the China Low Carbon Index in partnership with China Securities Index Company and the China Beijing Environmental Exchange. Prior Investments include Finisar, NuCore (Mediatek), Pure Digital (Cisco), Oxford Semiconductor (PLX Technology), iWatt. Currentboard positions include InvestLab and Demyst.data. Ms Guzy attended Wellesley College and received a Master’s degree in Finance from the University of Florida.
For event details visit https://asiasociety.org/hong-kong/events/bitcoin-will-save-or-destroy-world 9 Justice Drive Admiralty, Hong Kong