Web3, Blockchain, cryptocurrency: a threat or an opportunity? | Shermin Voshmgir | TEDxCERN

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  • Опубліковано 2 тра 2024
  • Web3 is a back-end revolution and nothing that makes your webspace more likeable or interactive. Since the novelties happen at the level of the code, it is not easy for the user to grasp what a huge revolution it is. Web3 changes our data structure as it democratises information by giving all users the same level of accessibility. There is full transparency and privacy is preserved thanks to cryptography. There is no centralised entity governing the cryptoworld, no bank issues any currency but bitcoins are regularly exchanged. The whole system works because there is an open-source protocol that everybody must agree with before performing network actions. How are users incentivised to perform the right actions? They are paid with network currency. The democratised code is actually the accepted governance of the blockchain. But who writes the code? Who manages the inner working of the future Web? After finishing her PhD in IT-Management at the Vienna University of Economics, Voshmgir went on to study filmmaking and stage production in Madrid. Her main focus in all these areas is blockchain technology. She is the founder of Blockchain Hub and director of the Research Institute for Crypto Economics at the Vienna University of Economics. She is also advisor of Jolocom, a blockchain based identity protocol and Wunder, a decentralized Art Museum. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

КОМЕНТАРІ • 602

  • @roycedouglas4603
    @roycedouglas4603 Рік тому +38

    *I FEEL LIKE THE HOLE SEASON IS OVER, I'M TRYING TO GET INTO TRADING AS A ROOKIE, BUT I'VE HAD SO MUCH LOSS TRYING TO TRADE ON MY OWN, PLEASE WHAT STRATEGIES DO I NEED TO EARN PROFITS FROM THE MARKET*

    • @Maria-iz3uk
      @Maria-iz3uk Рік тому

      I came here to learn how to trade after listening to this video I'm still confused, I'm a newbie and I'm open to ideas.

    • @dorisjones4584
      @dorisjones4584 Рік тому

      @@Maria-iz3uk The best strategy to use in trading is to trade a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed, than luck when it comes to the financial market.

    • @nataliejanet533
      @nataliejanet533 Рік тому

      @@dorisjones4584 This Bitcoin trading has set sail. I honestly cannot overemphasize how much delving into Bitcoin trading has helped saved and changed the lives of many.

    • @dorisjones4584
      @dorisjones4584 Рік тому

      @@nataliejanet533 Yeah you're right, most times it amazes me greatly the way I moved fro an average lifestyle to earning over $62k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.

    • @muhammadgoninmele2631
      @muhammadgoninmele2631 Рік тому

      @@dorisjones4584 Wow buddy, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius in trading.

  • @romulusfleseru2865
    @romulusfleseru2865 3 роки тому +375

    She wrote a great book, token economy. Easy to read and good start in understanding the whole web3 and digital ledger universe

    • @addisonclaxton632
      @addisonclaxton632 2 роки тому +4

      We

    • @velocityseekers1589
      @velocityseekers1589 2 роки тому +6

      This was the question in my mind, has she written any book, and there I found your comment. Thanks .

    • @AmyMegan1205
      @AmyMegan1205 2 роки тому +3

      @@velocityseekers1589 Same!

    • @velocityseekers1589
      @velocityseekers1589 2 роки тому +1

      @@AmyMegan1205 😀

    • @velocityseekers1589
      @velocityseekers1589 2 роки тому +3

      @@AmyMegan1205 watch more of her videos and then decided whether her videos suffice for our needs or the book is really needed to be bought.

  • @hellenalexander4192
    @hellenalexander4192 Рік тому +125

    Very interesting content, i would also be glad if anyone here can explain a few things for me, this is 2022 and I believe it's my time to invest and shine for a better future

    • @nicolasleo5572
      @nicolasleo5572 Рік тому +2

      Crypto currency and Nfts will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment

    • @mostafaeldin9379
      @mostafaeldin9379 Рік тому

      @@nicolasleo5572 You are right but the market is profitable if you are using a really good broker or account manager to help out with trades or provide signals

    • @anastasiamaxwell7720
      @anastasiamaxwell7720 Рік тому +1

      I recently heared about the nfts thing but still don't understand how these benefits people or how the NFT buyer use such digital arts.

    • @elliottolive7793
      @elliottolive7793 Рік тому +1

      Artist and designers use it to sell art and collectables. Everything is moving online so makes sense for them to do it that way.

    • @sofiaallen3268
      @sofiaallen3268 Рік тому

      Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.😭

  • @tompicarella
    @tompicarella 2 роки тому +68

    Wow this women is brilliant. She explained a very complicated topic in a very good way. Excellent job.

  • @randyhelou5412
    @randyhelou5412 Рік тому +7

    this talk was FOUR YEARS ago, imagine what she can talk about now...wonder how I can access any of her recent talks...she's amazing.

  • @shubhamdhage6935
    @shubhamdhage6935 2 роки тому +25

    "the future is in our hands, let's make something out of it" I felt that.

  • @topmoree
    @topmoree 2 роки тому +305

    Great video. One important thing when it comes to crypto is to trade and not hope on price rising and falling. Bitcoin is the future, investing in it now will be the wisest thing to do especially if you are been guided by a professional. I believe the benefits of a successful trade comes from an expert and that is why i made huge profit with the help of Mr Paul Singh, he's a genius and that's why i always advice novice to trade with him

    • @topmoree
      @topmoree 2 роки тому +2

      @Toni Karla
      I can share some that helped me
      Plan towards it
      Be minimal in spending
      Save money wisely towards retirement
      Save to invest, it's a proven way to get richer

    • @topmoree
      @topmoree 2 роки тому +2

      @Toni Karla
      There are lots of investing options (real estate ,stocks, gold silver, cryptocurrency, Airbnb, ETFS)

    • @topmoree
      @topmoree 2 роки тому +2

      @Victor M. Eason
      A lot of people are rushing into trading without the knowledge of how it works and that's very wrong.. I advice you trade with an expert

    • @adamjeremy8781
      @adamjeremy8781 2 роки тому +2

      @@topmoree
      You are right but finding someone who can guide is not as easy as it sounds

    • @topmoree
      @topmoree 2 роки тому +2

      @Toni Karla
      I trade with Paul Singh he is a crypto prodigy and has handled my trade for over 6 months now... I made over $8k in my first week of trading with him

  • @velocityseekers1589
    @velocityseekers1589 2 роки тому +58

    She made so much sense, so far the best visionary short talk on block chain for common people.

  • @honeybeejourney
    @honeybeejourney 5 років тому +136

    This talk is so rich, I had to watch it several times. Very good. I commend you, Shermin!

    • @weszily
      @weszily 3 роки тому +1

      I completely agree - rich!

    • @janviljoen
      @janviljoen 2 роки тому

      Me too I watched 3 times in a row!!

  • @ronishjadhari2239
    @ronishjadhari2239 2 роки тому +14

    Wish i was smart enough to search this 2 years ago

  • @ProdBySour
    @ProdBySour 3 роки тому +30

    Only 38K views? The ones that tries to understand Web3 now is going to be rich in the coming years.

  • @AlejandroMarin.design
    @AlejandroMarin.design 2 роки тому +7

    Everything in the video was amazing, but the most insightful thing for me was her PhD title (hidden below, inside the description of the video) in the context of a TED talk at CERN

  • @henrythomas1525
    @henrythomas1525 Рік тому +3

    Crypto is the new wave 💰🚀

  • @IDOketa
    @IDOketa 2 роки тому +1

    She spoke so well.........about this...and some of the critical things to consider in creating and managing blockchain technologies. Thank you.

  • @StevePLakes
    @StevePLakes 3 роки тому +11

    This is brilliant! So from now on when all my friend keep asking why do I go on about crypto and why I have I bought into companies like Argo blockchain etc I’ll just send them this video👍🏼

  • @CyberBPLive
    @CyberBPLive 2 роки тому +7

    Wow, I have learned a lot out of this lecture!!! Thank you🙏🏾

  • @seraphim3469
    @seraphim3469 2 роки тому +22

    Excellent presentation Shermin. Perfect for those of use still in the beginners stage of understanding.

  • @matthiascermak4941
    @matthiascermak4941 5 років тому +5

    Thanks a lot, great presentation!

  • @flipfloridalandebookbundle
    @flipfloridalandebookbundle 2 роки тому

    Thank you for sharing this video. She is articulate and gives a real indepth talk.

  • @mshannon
    @mshannon 2 роки тому +10

    Thank you for the talk! You mention that Blockchain assumes that all actors are corrupt in the beginning and incentivises the actors to follow the rules through the use of tokens and economic means - if it's not centralised, where do these economic means come from? Thanks

  • @tijntjeofive8219
    @tijntjeofive8219 2 роки тому +3

    Really a great performance to explain such complicated stuff so it's understandable for most of us. From the middle part she gets a bit nervous, but her English is really great and she could find the right words so quickly. Thanks a lot, now I know why I bought Ethereum haha.

  • @yzma6142
    @yzma6142 2 роки тому +2

    she explains things so well

  • @bunnydiwakar
    @bunnydiwakar Рік тому +3

    Quite interesting words & points highlighted, lot of controlled economies have raised apprehension regarding transactions in crypto probably the value proposition part is still to be understood for future development.

  • @filmawayvlad
    @filmawayvlad 3 роки тому +7

    Insightful, wonderful!!!

  • @derrickwimmer1246
    @derrickwimmer1246 Рік тому +2

    Please I have been hearing about this Expert Mrs. Stella from my colleagues at work. Does anyone know how I can link up with her?

  • @janviljoen
    @janviljoen 2 роки тому +4

    This is the future explained today! Thank you thank you thank you for sharing!

  • @jnwl5068
    @jnwl5068 2 роки тому +3

    This woman is a genius. I have been using bitcoin and other crypto currencies for several years now but never had a clear understanding behind the development of the technology. She explained it so well.

  • @alisoleimani7207
    @alisoleimani7207 Рік тому

    Great job mrs voshmgir . Keep the excellent work up . You are amazing.

  • @Ta3iapxHs
    @Ta3iapxHs Рік тому

    Profound content 4 years ago. The same concerns apply to this day. Freedom machine or Control machine. Crypto vs CBDCs.

  • @azratekinsoy4707
    @azratekinsoy4707 5 років тому +3

    Well presented.

  • @martintapia9374
    @martintapia9374 2 роки тому

    😲👌
    Superb explanation of Blockchain 👏

  • @none0n
    @none0n 2 роки тому

    Great talk, great perspective

  • @mazharulhasan
    @mazharulhasan 2 роки тому +4

    Its a very good session ever i heard about web 3.0. Thank you for your beautiful explanation.

    • @famifami5771
      @famifami5771 2 роки тому

      How is the future of display ads for Bloggers?
      How it will impact web 3.0 on Blogging??
      Positive or negative

  • @jeremymolla
    @jeremymolla 2 роки тому +40

    This woman is brilliant 👏.
    She understood perfectly the power of the concept and is able to attract interest to non-technical persons, without focusing on crypto-trading.
    I totally agree with all of what she said.
    The major issue is not only technical but also ethical, political and philosophical one.
    And we definitely need more people like her in the public area, because citizens are not all Developers or Tech people, but they totally can benefit and participate in this, as every citizen should participate in his country's politics, even if he's not a politician.

  • @MagdalenaDeac
    @MagdalenaDeac 2 роки тому +9

    I only came to see this now, in 2022. I had to listen to it twice and write it down once then rethink it all again for myself. I tried to explain it to my husband but failed to answer his questions properly so I read it two more times. Now I understand the concept of what you said. Thank you.

  • @brainjohn9170
    @brainjohn9170 2 роки тому

    Great lecture

  • @SilkRouteRui
    @SilkRouteRui 2 роки тому

    Pre-Corona 2018 great speaker! Thanks.

  • @alexgreat4288
    @alexgreat4288 Рік тому +45

    I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed more light on some things, but I'm confused, I'm a newbie and I'm open to ideas

    • @farishdaniel9493
      @farishdaniel9493 Рік тому

      I start with $2,500 at May 15 and I'm almost at $21k now! all thanks to Patricia

    • @lisacharles1339
      @lisacharles1339 Рік тому

      Congratulations that is a real success story in my opinion. Success because you didnt allow the amount to determine whether or not you would jump in. Good job. See you at the 100k meet and greet.

    • @kentstrafford5836
      @kentstrafford5836 Рік тому

      I'm at 1.25k now!

    • @saidusabo7895
      @saidusabo7895 Рік тому

      Do you sell high and buy low ? Or do you hold? I need tips

    • @markhughes3787
      @markhughes3787 Рік тому

      @Graham Stephan How do you research to know which one to buy. I'm a beginner and still trying to figure this out.

  • @rmm305
    @rmm305 3 роки тому +1

    very interesting!

  • @everettecarlington8512
    @everettecarlington8512 Рік тому

    That is a great question!

  • @uDubRiceBoy
    @uDubRiceBoy 2 роки тому

    Hi everyone, how to certify physical goods conditions in the smart contract? Many thanks for the help

  • @barryoneill1703
    @barryoneill1703 Рік тому +1

    This is fascinating, I have hope that there are a lot of young people out there that will solve these problems and lead us to a much better world, I have faith.

    • @genkiferal7178
      @genkiferal7178 11 місяців тому

      use your brain and stop with the faith/hope/prayers nonsense. when someone tries to help you, there is almost always strings attached. can we all break away from these strings if we so choose? not once they are in place.

  • @LOGICZOMBIE
    @LOGICZOMBIE 2 роки тому +1

    GREAT WORK

  • @mississippiapple1078
    @mississippiapple1078 2 роки тому

    Great talk!

  • @lukasr.5211
    @lukasr.5211 Рік тому

    Very insightful!

  • @asfafasdad384
    @asfafasdad384 Рік тому

    brilliant mind i can appreciate this speech only after 4 years

  • @ptpandian4694
    @ptpandian4694 Рік тому

    Explained well. Great 👍

  • @scapegoat079
    @scapegoat079 Рік тому

    "smart contracts allow us to create cryptographic token that can represent any asset or any access right with a few lines of code."
    i finally understand what's so important about this

  • @Yash-vm4ts
    @Yash-vm4ts 2 місяці тому

    brilliant talk

  • @thutrangnguyen9628
    @thutrangnguyen9628 Рік тому

    This is a hot topic now.
    I'm investing in DeFi Warrior and I can see it for a long time. Moreover, This project moves to Metaverse soon. Everyone can consider about project

  • @michealsamson6245
    @michealsamson6245 2 роки тому +1

    Thanks very much that was a nice presentation

  • @brunosco
    @brunosco 5 років тому +2

    Interesting! 😀

  • @varad2431
    @varad2431 Рік тому

    Thanks 🙏

  • @mshannon
    @mshannon 2 роки тому +5

    There is a lot of focus on how the transparency and incentives help ensure that network actors behave correctly and develop protocols in the right way but what happens when they don't? What happens when the incentives don't align with the benefits - can actors sabotage these networks and disregard the incentives? Take an example of someone who wants to sabotage a DAO and doesn't care that it's transparent and everyone will know who did it; what do we do then?

    • @rabahrola9238
      @rabahrola9238 Рік тому

      well i have been investing with cash fx for one year now and couldnt have any withdrawal but since i joined proaxelmining for six months now i have been withdrawing weekly, you can check them out.

  • @ameliacarter2692
    @ameliacarter2692 3 роки тому +1

    This is damn interesting!

  • @arulok7639
    @arulok7639 Рік тому +1

    Can you please explain in simple terms with an example about the difference between "NFT" "Metaverse TOKEN" "Metaverse COINS" "Metaverse Crypto"?

  • @shahzad4455
    @shahzad4455 Рік тому

    Wow, what a session, some idiots make it so difficult. You presented web3 in quite an easy way. Gotta read your book too now.

    • @genkiferal7178
      @genkiferal7178 11 місяців тому

      she forgot to tell you that this is the technocracy's way of making you a serf.

  • @jacksonmartin8437
    @jacksonmartin8437 Рік тому +4

    I see Bitcoin as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions.💎💎

    • @joshc7865
      @joshc7865 10 місяців тому

      That’s right, Gold 2.0 - it’s a great store of value

    • @ci6516
      @ci6516 5 місяців тому

      A transaction takes hours in crypto . Seconds now. Wdym

  • @offgridsolaruk843
    @offgridsolaruk843 3 роки тому +29

    Awesome talk, what about the environment? Incredibly energy hungry unless we can run it all from renewables
    Whenever we speak to currency and transactions we need to include nature at the center of it all.
    What we do to the web we do to ourselves.

    • @QuietEscapism
      @QuietEscapism 3 роки тому +2

      Crypto will gradually be more and more energy efficient.

    • @guhenrique1470
      @guhenrique1470 2 роки тому +8

      Proof of stake is the solution for that

    • @ValentinMircea
      @ValentinMircea 2 роки тому +1

      @@guhenrique1470 Proof of stake is not decentralised. Chose what you wish for.

    • @vidreoo
      @vidreoo 2 роки тому

      Crypto is our hedge against inflation now

    • @asfsfafafafafaf3382
      @asfsfafafafafaf3382 2 роки тому

      @@QuietEscapism When exactly?

  • @cybersecurity90
    @cybersecurity90 2 роки тому

    this women is brilliant. excellent intellect!

  • @arya7846
    @arya7846 3 роки тому +1

    very informative....

    • @henrysam2632
      @henrysam2632 3 роки тому

      All thanks To shawnhacker16 on Instagram I recommend them all the Way I never regrets of dealing with them they got me 1btc And also add to my litcoin am glad✓✓✓ 💯💯💯💪💪💪

  • @markrich9600
    @markrich9600 2 роки тому +2

    Could you analyze nano dimension soon?

  • @derrickwimmer1246
    @derrickwimmer1246 Рік тому +2

    I've made up my mind to invest for the rest of the year and with a positive mindset I know I'm gonna have a profitable outcome.

  • @MyCompsci
    @MyCompsci 2 роки тому +2

    There are many talks about web3.0 but this one I think is all rounded(addresses technology,governance,economic and ethical aspects)

  • @EthanBonardel
    @EthanBonardel 2 роки тому +4

    Goo'd Lady! Transparency is key here. Keeping it simple is best bet. Why the need to be anonymous? The anonymity is what keeps the bad actors in power but paradoxically is also championed by the repressed as a vital solution to skirt the oppressors. There would be no need to skirt anything if transparency were employed. As a pure definition of transparency suggests. People use anonymity out of fear, fear is what keeps things under control back in the hole.

  • @zayyanusmani5360
    @zayyanusmani5360 2 роки тому

    Amazing

  • @Tblaq
    @Tblaq Рік тому

    Amazing content.....

  • @MrWillSolly
    @MrWillSolly 2 роки тому +2

    AS timely in 2021 as it was in 2018

  • @NandishPatelV
    @NandishPatelV 2 роки тому +2

    Good coverage but a bit quirky and lacking depth. Still, a good introduction. KeepSmiling 😊🌺

  • @techsummitglobal
    @techsummitglobal 2 роки тому

    Interesting!

  • @miliksemua4021
    @miliksemua4021 Рік тому

    Well said and proud to say my family is well crypto educated.

  • @filipjovic7212
    @filipjovic7212 2 роки тому +3

    How can transparency and privacy coexist? We know that crypto today is used for criminal purposes as well, so my question is, if every person in the blockchain shares the same information, how is there any privacy or opportunity for criminal transactions.
    Only maybe if everyone shares the same information in a form of code so the system can see if there is a mismatch between those codes but not the details of the transaction?
    Thanks.

    • @decoriank6224
      @decoriank6224 2 роки тому +1

      You have a private and public code

  • @BinanTV
    @BinanTV Рік тому

    Great mind! Defi need that.. LFG!

  • @Marvster15
    @Marvster15 2 роки тому

    how do they change it to Web 3? How would i know if they did?

  • @vinodvagadurgi414
    @vinodvagadurgi414 11 місяців тому

    Great video

  • @kykywong
    @kykywong 2 роки тому +2

    how did i miss this

  • @greezythumb
    @greezythumb 2 роки тому +1

    Great talk

    • @user-zw9bw6uj5o
      @user-zw9bw6uj5o 2 роки тому

      Wow dude 👆👆👆 am so appreciate your efforts on me you are the best 💯

  • @ganesanls8723
    @ganesanls8723 Рік тому

    Awesome

  • @pearsonmike8279
    @pearsonmike8279 2 роки тому

    This talk inspired me to go PREDICTAA page on the web

  • @duynhat4326
    @duynhat4326 Рік тому

    Can guys recommend the great books of blockchain, crypto ?

  • @landdeniega5433
    @landdeniega5433 2 роки тому

    I saw that today's clip show in the docu film downloaded.

  • @clearandsweet
    @clearandsweet 2 роки тому

    Beautiful talk, the best, wisest take.

  • @debuggmysushi9461
    @debuggmysushi9461 Рік тому

    Inspired! I really want to work badd
    O

  • @derrickwimmer8296
    @derrickwimmer8296 Рік тому +1

    Is there any professional I can get in touch with in this platfrom at the moment?

  • @nanacoiner5626
    @nanacoiner5626 2 роки тому +2

    great info. Facebook was inspired by it her change name is meta

    • @user-zw9bw6uj5o
      @user-zw9bw6uj5o 2 роки тому

      Wow dude 👆👆👆 am so appreciate your efforts on me you are the best 💯

  • @adrienbeauduin6307
    @adrienbeauduin6307 2 роки тому +5

    Good explanations, but still very unclear how it can be emancipatory for humankind. More precarious work and more obscure ownership structures for corporations are not steps forward…

    • @mylandvibes7314
      @mylandvibes7314 2 роки тому

      I would like this 100x. Obscurity diversified and those with disposable nfts (debts) and votes ( crypto ) will dictate the metaverse or platform. Imagine the dark web going blockchain

  • @AngelAlbertoBricenoObregon
    @AngelAlbertoBricenoObregon Рік тому

    I'm not convinced, it's been several years with this roll.

  • @Nature_Bytes28
    @Nature_Bytes28 2 роки тому

    Thats nice info

  • @mattyham61tuber
    @mattyham61tuber 2 роки тому

    I would love to hear a dumbed down version of this speech, I kind of get it

  • @ValentinMircea
    @ValentinMircea 2 роки тому +2

    An internet where my data is stored on computers of unknown people, who can then decide how my information is used and processed. is a nightmare, a dystopia. An internet where I have to pay at any click?! Even for accessing my data?! It is nuts!

    • @carry2web
      @carry2web 2 роки тому

      With blockchain you decide who can access your data. You do not give it away as you do now to services from Google, Facebook, Amazon, Apple, Microsoft, etc.

    • @ValentinMircea
      @ValentinMircea 2 роки тому

      @@carry2web That is wrong. In blockchain decision belongs to the network, not just me. I have no worries with my data given to known companies, subject to strict regulation (in EU, where I live) but I am against giving it to a shadowy network of people and computers, where I cannot even make corrections or delete what I think is not appropriate. You cultivate fear and then come with a supposed fix. The fear is not grounded and the fix is illusory.

    • @carry2web
      @carry2web 2 роки тому

      @@ValentinMircea Self-sovereign identities (SSI) are digital identities that are managed in a decentralized manner. This technology allows users to self-manage their digital identities without depending on third-party providers to store and centrally manage the data.

  • @kenesnek1
    @kenesnek1 2 роки тому

    Great video.

    • @rabahrola9238
      @rabahrola9238 Рік тому

      well i have been investing with cash fx for one year now and couldnt have any withdrawal but since i joined proaxelmining for six months now i have been withdrawing weekly, you can check them out.

  • @paramiavivoynineonecfone9526
    @paramiavivoynineonecfone9526 2 роки тому +1

    A threat to centralized governments but a freedom to humanity !

  • @somaditya4575
    @somaditya4575 2 роки тому

    Please any expert suggest that is this good to learn block chain devlopment in 2021

    • @samyguindy8490
      @samyguindy8490 2 роки тому

      Buy Bitcoin holder for long-term and you'll be blessed

  • @GiveBackAll
    @GiveBackAll 2 роки тому +3

    Who decides what is "the right thing" to incentivize? There will still be a powerful authority, only hidden. The dictator is the one who sets the rules for incentivization.

    • @mattyham61tuber
      @mattyham61tuber 2 роки тому +1

      That's what I'm thinking, there has to be someone that controls internet, but maybe I'm I'm not getting it

    • @clerooth
      @clerooth 2 роки тому

      No dictators on the internet because its a decentralized technology. Different coins have different rules and vary slightly in their incentive structures. The free market will decide which incentive structures will be successful. It doesnt really matter who the creator is. The network functions independent of any one person. The code is open source and auditable so nothing is hidden.

  • @marquesturner71
    @marquesturner71 2 роки тому

    🔥🔥🤝

  • @magicnifties
    @magicnifties 2 роки тому +3

    Web3 will be awesome! 🙂Nifties will be implemented anywhere.

    • @samyguindy8490
      @samyguindy8490 2 роки тому

      What is web3 bro I'm still trying to learn what it what is it

    • @samyguindy8490
      @samyguindy8490 2 роки тому +1

      Do they have anything to do with the cryptocurrency

  • @sarangag
    @sarangag 2 роки тому +2

    Blockchain is something which I am not convinced with as future. It's looks too much costly when you don't believe anyone. Just consider/remember Y2K problem which cost Billions to add 2 digits for a year.

  • @agakok7938
    @agakok7938 Рік тому

    Digital Human rights!!!!

  • @zachh2776
    @zachh2776 2 роки тому

    If you havent already, stock up on bitcoin and ethereum. Happy New Years from philly!!

  • @AkumaQiu
    @AkumaQiu 2 роки тому +1

    Who's on that HEX network?