September 9th, 2022 meeting & AGM

DATE:September 9th, 2022
TIME:2:00pm to 4:00pm (PST)
VENUE:Zoom Online meeting
Meeting ID: 98484395392 Passcode: 09220922
TOPIC:Decentralized Finance: Bitcoins and Blockchains and Digital Cash, Oh My!
PRESENTER: Rob Slade (M. Sc.)


NFTs and cryptocurrencies have become enormously popular, recently, but are also wildly speculative. Starting with the principles of, and research into, digital cash, we will examine valuation, fungibility, technologies, infrastructures, and the basic principles underlying this field. In addition, we will note the speculative nature of much of this “wealth.” What is a cryptocurrency? What is a currency? Starting with the concepts of value and trust, we look briefly at true digital currencies, and the shortcuts that cryptocurrencies have taken. We build an outline for the requirements for digital cash, why cryptocurrencies have only partly fulfilled those requirements, and why NFTs are even worse. Currently, “investment” in cryptocurrencies is highly speculative, and seems to be roughly equivalent to putting anticipated winnings at a casino into your stock portfolio. And, by the way, BLOCKCHAIN IS NOT THE ANSWER!!!


Rob Slade is an information security and management consultant from North Vancouver, British Columbia, Canada. (Or he may be an AI experiment gone horribly wrong, and hooked up to various email addresses.) He has consulted for Fortune 100 companies, has taught on six continents, gets calls from intellectual property lawyers, is frequently published in the Information Security Management Handbook, and authored “Robert Slade Guide to Computer Viruses,” “Software Forensics,” “Dictionary of Information Security,” “Cybersecurity Lessons from CoVID-19,” and two thirds of “Viruses Revealed.” He got his start in security researching viruses. (But not this type of virus.) More information than anyone would want to know about him is available at