Jimmy Nguyen, Founding President of Bitcoin Association, was a keynote presenter and panel discussion moderator at the 13th Global Family Office Investment Summit in Dubai hosted by Sir Anthony Ritossa, under the high patronage of His Highness Sheikh Saqer Bin Mohamed Al Qasimi, whose private office and group of companies have more than 30,000 employees and an annual group turnover of AED 2 billion.
Nguyen confidently explains the merits of investing in the Bitcoin SV blockchain to an audience composed of Royal Families, Sheikhs, prestigious family offices, private investors and business leaders from more than 30 countries.
As Nguyen said during his keynote presentation, the Bitcoin SV ecosystem “best understands the ability of data to become the most valuable commodity of the digital economy because blockchain is the key to unleashing this value. Because with blockchain technology, you can do much more with data functionally. You can combine with it the native token, the digital currency of a blockchain to allow you to monetize the data. And that’s why investors and businesses in this room should consider supporting blockchain technology because with the right applications, you can create incentives to power a much better, more fair, more honest world.”
A More Honest World with Bitcoin SV
Contrary to opinions that Bitcoin is steeped in criminality, Bitcoin creator Satoshi Nakamoto, known in the real world as nChain Chief Scientist Dr. Craig S. Wright, envisioned Bitcoin to be honest money, to be used in honest commerce. In fact, the word “honest” was used 15 times in his white paper.
“Bitcoin was introduced to the world as an electronic cash system to reinvent Internet payments by getting rid of intermediaries and using a distributed ledger of transactions, organized into blocks, connected across time. But those blocks can contain more than just payments, they can contain the most valuable commodity of our digital world—data. And therein likes Bitcoin’s bigger vision. The fusion of data and money to connect everything,” Nguyen explained.
The blockchain is actually a public and immutable ledger that contains records of transactions in a chronological manner. It is, therefore, next to impossible to commit any kind of fraudulent activity and not be caught. Moreover, Bitcoin SV recommends its blockchain technology for use in various government applications, as Nguyen discussed during the panel discussion at the Ritossa Family OfficeInvestment Summit.
And with the Bitcoin SV blockchain’s capacity to handle huge volumes of data, professional-grade security and a stable protocol—just like the Internet protocol, only better—it is now ready for global adoption. There are currently more than 400 projects and ventures building on the Bitcoin SV blockchain. Stay tuned for more Bitcoin SV development conferences you can attend.