Some notes from an informal lunch in Washington Square Park today. Jordan Cooper organized a group via Twitter, here were my take-aways:

• There were 10 people including myself
• I wanted to come because I think Jordan is working on smart things, it is near my apartment, and my friend Tynan talks about crypto-currency non-stop
• “This is the first time that open source has been directly related to capitalism”
• There will be a large fall-out in all the bottom side of coins, alt-coins
• ICO = Initial Coin Offering
• Almost everyone uses Coinbase
• Many many new coins coming out every week
• What is the actual utility of these coins?
• Bitcoin as a storage of wealth or value
• Bitcoin never got B2C traction
• Large banks looking at the blockchain after SWIFT hacking incident RE: Bangladesh

Please don’t take anything verbatim // I was the least informed of this discussion. Seemed like everyone except me had some holdings, and everyone took Bitcoin and Ether as the two largest.

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