I came here to learn how to invest 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 light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
Having monitored my portfolio performance which has made a jaw dropping $370k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.
@@wilsonbrown8993 Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?
I cringe at those "oracles" you mentioned who will be granted special access to make changes to the blockchain. This will just open the door to corruption and someone paying them off for personal gain. Leave humans out of this system completely!
@Charles Thompson @dindinho22 @coldfusion I hate to disagree with a PhD but this technology is new so there is a lot of wires that can get crossed. But oracles are essentially reference points for the blockchain. A really cool way to use them is through smart contracts. They DON'T make changes to the blockchain. Please check out this article from Æternity that explains oracles. blog.aeternity.com/blockchain-oracles-657f134ffbc0
WiW LaRue LoL that is not how bitcoin works and you could pay them or torture them and they couldn’t break it at a single location .. it would take all locations at once, each with a cryptographic code that has 2^256 bit encryption (impossible to crack even one with current technology, much less thousands of systems with different codes at once) ..
In response to 0:44 "The technology invented to power this new system, was called "blockchain" and Nakamoto's paper was its grand unveiling." The real innovation by Satoshi Nakamoto is not the blockchain, or the underlying cryptography functions, or the hash-based proof of work algorithm to incentivize nodes (miners) to join the network to validate transactions. All of these had been described in papers by past researchers. The real innovation lies in combining all of this research together and writing the initial open source code to create the world’s first currency and banking system that cuts out the middle men and government power over people.
Forex and crpto stock trading is a good market to raise your finance at a steady growth, you need a proper understanding and a good strategy to become successful.___expert melissa__has introduced me to a great strategy to make profit and I made $125,000 last week. For more information you can email her on.expertmelissa8@gmail.com Her WhatsApp number 👉 +1 (503) 854 1768
I am and have for years been a YOu TUBE addict~! I LOVE shows on YT> But your show my friend, I literally cannot wait for ANY new video from you. You do the best investigative work of ANYONE else on YT! I wished someone would give you a show, ONLY so you could get filthy rich like you deserve man! You are AWESOME!! PLEASE dont EVER stop making videos! You ROCK brother!! Hello from the states. Georgia to be exact!!
*NEVER FORGET* of its *NOT DECENTRALIZED* it's useless and a probability that it's fraudulent or at least totally open to it.. This is extremely important to remember
@@orvvro Eth is Decentralized absolutely. Not as much as BTC but it's probably the 2nd or 3rd most Decentralized out there so it would be extremely hard to corrupt unless it's a CENTRALISED blockchain built on-top of eth. For example many ERC-20 tokens are no longer on-top of Etherium because it let's them centralise and do whatever they like without having to get a group (the users) to agree to any changes.
Mate! This is one of the best Blockchain videos I ever seen! A nice mix of amazing valuable content, candy beats and Boss interview with the lawyer! Congratulations! And please keep going with this kind of style! Cheers!
I am 34 now I am sceptic of the Blockchain and AI. In 1995 when i was 13 i was excited about the Internet and Computer with the similar situation. I guess I have finally become old but the technology doesn't care what I think. It moves on.
I can't find any source for oracles as something that can "make edits on the blockchain," which is, so far as I know, impossible and the whole point of a blockchain. They seem to be just ways of getting information to the smart-contracts.
As I start to get ready to buy into BC, this video has been very helpful! But it left a lot out about things already starting to be implemented that have nothing to do with the internet. I read not long ago that Wart-Mart is moving to blockchaining all their suppliers. Cheap RFID's make this doable. So, if the CDC says we have a salmonella outbreak, the blockchain will enable WM and the CDC to perhaps identify the one farm where the bad spinach came from. Immediately. I'm an old guy, I built vacuum tube radios as a teenager. I mostly like technology. But in my lifetime, most things have been evolutionary. Blockchain has the potential to change the world as much as the printing press and the internet have.
Is it decentralized? if not, it has not much to do with the technology in the video.(but is probably the better application of the blockchain philosophy.) Also I would really wait with investing into BC.
I want to live to the time that US dollars created by JPM is worthless and each country creates it's own economical power in exchanging goods with America and leave America devastated. It will take time but it will happen.
Blockchain is good the best time is to invest Bitcoin/fx and cryptocurrency trading is now. Don't say to yourself that's is going down because you will end up postponijg for ever start now and make sure you start with a right broker
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status
@@jacobgary1643 That's true sir. Most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts
What if breakthroughs in the synthesis of nanotechnology and bioengineering and 3d printing etc. were to create the possibility of humanity finally being able to move beyond scarcity. In that scenario blockchain would just be another stopgap. Money and wealth and power based on those things would be revealed to be a 10,000 year old relic based on fear of famine. Part of a no longer relevant paradigm. We would need to create a philosophical infrastructure based on abundance instead. We would stand in the threshold of the real beginning of civilization ie The Star Trek paradigm.
Some do predict something along those lines. Automation, cheaper power production (look up the price of solar over time - looks like Moore's law), etc. can create a world of abundance in some sense. But currently we are still not very efficient consumers. Literally products are not made to last aka planned obsolescence.
The idea of Oracles, is scary. Everyone knows that world leaders will demand either direct access to it, or they will find out whom are Oracles and force them to make changes.
I don't know if I'd want the ownership of my house, complete with address and cost, to be stored in a ledger that anyone can access... Privacy is a massive problem with blockchain tech, which is why I don't think it will ever become universally used. Nobody wants to be part of big brother.
I really wish there were more videos like this that popped up in people's feeds. So many "tech" channels still think Bitcoin is mined with GPU's, cryptocurrency is Ethereum, and the only use is as an alternative form of money. It drives me nuts, and thankfully, people like yourself explain it far better than I tend to.
Great great great video! You are becoming my favorite tech news sources. I also really appreciate the proper sourcing, it gives you a lot more credibility.
Food. guns and ammo, Gold and silver, and a secure area have been my priority, but crypto currency, might be a good idea, as long as there are no world wars, or EMP attacks, or magnetic pole shift.
If there is any world wars, Emp attacks, or pole shifts, buddy.. owning crypto is the last fckin thing you should be worried about. Also if there are any world wars, whoever wins, crypto will be strong because it’s unbiased of a country
Each record is public but doesn't mean it's not private. Your "user id" or whatever identified you are still unknown to almost everyone because it's encrypted to the ledger. You can see it but instead of like mark as the user it'll be something like 24chaeldosxntlwlado2esf45f so unless you can find the algorithm to decode it, it'll be hard to figure it out
Wich ones.....there are too many. Bitcoin is expensive af....( ETH too volatile)... (Litecoin, yield to low). I am still confident that crypto will be the future but still.....if you have any tips
So basically, BlockChain is like an automatically updating, online, decentralised network of ledgers and balancesheets that record our transactions and transfer of currency and assets. Wow! That's so cool!
Holy shit, DAO + AI would be a truly automated company, there has been some discussion how AI may replace CEOs, after all a CEO makes the best decision for the company based on what they know, an AI has unlimited access to data and can do the same. DAOs are gonna be so interesting, imagine a trading company or steam trading for real money, right now there' s a lot of dangers with trading items for real money because of the risk, someone could fuck you over so escrow exists, but if DAOs can do it automatically :O
4 years later, this makes me wonder when the blockchain technology will actually pick up the pace. So far, it seems to me, it has not become pervasive at all, especially outside cryptocurrency. And where are the DAOs?
U're lacking knowledge about how the Bitcoin protocol actually works. And, yes, Bitcoin is weakly pseudonymous. Use anonymous open blockchains (already exist), mixing services and crosschain transfers to disassociate funds with your identity if u're feel followed
I don't understand what you're getting at, Deckard. First of all, cryptocurrency forensics is not 'easy' like you say it is. It's incredibly costly and difficult unless someone uses the same address or sets of addresses for all their transactions. Since most people use a new address every transaction, tracking one address is pretty much useless. Even if you can figure out a way to guess a set of addresses that belongs to one person, you'd also have to figure out who is on the other side of the transaction. It's like if phone numbers changed after every call, and you figured out a set of numbers that all belonged to one guy, you'd still have no idea who they're calling. Basically, the only way to know for certain that a set of addresses all belongs to you is to get data stored on your computer, which is what happened to Ross Ulbricht, the guy who ran the Silk Road. Your story sounds like typical unfounded conspiracy theory to me. I'm going to take this with a huge grain of salt unless you have some sort of evidence to back that claim up. Also, I can't imagine a possible way in which Bitcoin could be un-decentralized just like that. Even if that did happen, that'd be the day everybody took their money out of Bitcoin and into any of the other hundreds of crypto-currencies on the market right now.
Talking in all caps doesn't make you more right, chill out. You're sounding like a Flat Earther right now. No, addresses are not "software" in the traditional sense, if that's what you're talking about. They're a string of up to 35 numbers and letters. For example, 19aVsXegUuPT5b2imrQ77XFsomLRziZ6Q5. I just made that using the website "bitaddress.org". You can actually create a bitcoin address completely offline. What you then use is a private key, generated at the same time, to authorize transactions with it. A private key is usually a 256-bit number, so they'd be incredibly hard to crack by brute force. As far as I know, there's nothing involved in the process of generating an address that contains any amount of personal information on your part. You could even do something like program a raspberry pi that's never been hooked up to the internet to generate them, transfer them to a .txt file, and then transfer them by thumbdrive, if you're particularly paranoid about your personal identity somehow being contained in your address. Kinda hard to track something that's never been online before. Also, since creating a new address is so easy, most people do it every transaction. As for bitcoin transactions, if you're talking about that... If someone sends you Bitcoin, you can't just look at the "from" portion of the transaction and see who it's from, because that's not part of the transaction. That's because it doesn't exist. Essentially, bitcoin is a system of receiving money, but not sending it. This also adds to the difficulty of tracking transactions. It's not impossible, but certainly not easy. As for the flat file... I mean, yeah, I'm sure that's already been done, too. However, that wouldn't actually give you any amount of control over anything. That'd just mean you'd be able to look through the transactions that have been made in Bitcoin. This information is already pretty much publically available, transferring it to a database doesn't really mean much. Essentially, you couldn't force the entire blockchain onto one computer, but copying the information on it to a database is possible. I can't help but feel you also overestimate the utility of cash. For one thing, being a fiat currency controlled by the government raises a few issues. Another thing is that while it's easy to go to your buddy and buy 50 bucks of "oregano" from him at the corner, the problem becomes exponentially more difficult when you want to buy five million in "powdered sugar" from your buddy at the dock. Now you're lugging around a big briefcase of cash, which anybody could grab and snag at any moment. No hacking necessary! Most transactions of that size will have middle-men, who will likely want a cut of the profits, too. Then there's the issue of how do you get that much cash in the first place if you didn't already have it. Do you withdraw it from a bank? Maybe you had to launder it, which is a whole 'nother complicated proccess? What if your buddy is in China? Well then you'll have to figure out how to transfer it overseas to him, likely smuggling it through customs of some sort. Now you've added logistics into your expenses as well. Not only that, but it is going to have to convert it to Renminbi now somewhere along the way, which is ALSO an added fee. There are certainly situations where cash will always be better, but cryptocurrencies fill in the gaps. Honestly, I think Bitcoin is the prototype. If it's ever mass adopted, it won't be Bitcoin, or at least not it in its current form. So if it was a plot to get us to all go cashless, I would consider it a failure.
So, if Blockchain is a distributed database. A couple of technical questions: 1) How does one create a block to be added to the chain? 2) How does one search for records in a blockchain database? Thanks.
Pedantic point, Bitcoin cannot do 10 tps -- it can only do 7 tps and that's only the max theoretical throughput under most ideal conditions. In real world usage Bitcoin throughput is closer to 3 tps because of more complex transactions on the network.
Victor T Bitcoin is not the only cryptocurrency in existence... Look at iota, the plasma network, lightning network... They've solved that "problem," not that cryptos were slow compared to banks in the first place.
I'm not sure what point you're trying to make here. Of course blockchains with adaptable block sizes like Monero, Ether and Dash tps is less of an issue. My comment here is directed towards incorrect information in the video where he states bitcoin's tps is 10.
09:47 Example: Used Tesla Model 3 purchase. It was quickly mentioned that "the car will be uploaded to the blockchain" as if that is a simple process. Consider what that means. STEP 1: Someone with legal authority, a third party, must first validate the mileage, current condition, accident history, ownership, unique identifier (VIN#), and everything else a buyer would want to know BEFORE purchasing it. No different than before the blockchain. All that external information, gathered by a legal authority, must be gathered, or at least validated, then entered into the blockchain. (Even if the original owner entered that information, someone else must validated it by comparing the actual car to the information entered.) STEP 2: The buyer and seller agree on a price in dollars or a cryptocurrency and a smart contract logs the exchange. STEP 3: Later, before that Tesla can be transferred to a third person, process #1 must be repeated. The current condition of the previously purchased Tesla must be updated to reflect changes in mileage, accident history, tire condition, software version, etc. This blockchain initialization and update process would be similar for land, houses, boats, planes, or any other properties. In summary, initializing and updating a property's description in the blockchain requires a third party to validate it to minimize, but not eliminate, fraud. If there is a dispute over the condition of the property transferred, the courts must resolve it. The blockchain reduces intermediary's but doesn't eliminate them. Courts to resolve disputes and notaries to validate the new and updated property information in the blockchain must still exist. I suspect legal academics and practitioners are looking into this now.
In 20 yrs time, we might go cashless and proceee with our transactions without handing bills to sellers. I think, I already heard of this years ago - that our society will move to an era where physical cash no longer has value..
How will we be storing the data in the blockchain. It will quickly become to big for the amount of information that is physically possible to be stored on the earth.
TheWioreks Unfortunately there will be some centralization in regards to storage as people look for places to store their blockchains, you are correct :( but decentralized storage solutions, such as storj.io, are also changing the game in that regard!
"you don't want to have these things as copies" ....reminded of people who insist that the recipients of their email return the email once it's been read, for security reasons.
Yulian and Grey . The ability to use Th in reactors has been theoretically known since the 30's and practically demonstrated in the 60's. It's a thing and anyone who says it isn't can join their delusional buddies on a flat friggin' earth.
Peace!!! You don't understand crypto = blockchain. Otherwise it's just a decentralized, complicated database. Doesn't make much sense to use for corporations. Blockchain only makes sense for financial transactions. Period.
aceyage So corporations don't do financial transactions? You are just as confused as the guy who just heard of bitcoin and blockchain for the first time. Pathetic. Where are the real nerds?
Technology... Is the ultimate blessing from God... Africa needs this the most... I hope financial institutions in africa can adopt this...all our wicked politicians
Even if blockchain works as you say it does (and it probably won't for a while) fraud and other bad things can still be done before or at an item's point of entry into the blockchain system in the first place.
It doesn't work like that. The people who "mine" the currencies are the people keeping track of everything that happens in the blockchain. If somebody tries to move money to account where it doesn't belong, the majority of the network doesn't agree and the transaction will not happen. As far as I know, the only way to break the system is by controlling 51% or more of the whole processing power of the network so you can confirm your fake transactions with majority of the "votes". This would not only be ridiculously expensive, but it would also be extremely complicated to achieve. The amount of electricity needed to get there alone would be expensive even for government scaled budgets, as the current power used by the whole Bitcoin network is equal to almost 5 of the most powerful nuclear power plants in the world. So yeah, you would need 5 of those to start off, then you would need to produce all the mining hardware to do the actual mining. The scale of this is just ridiculous, it's really not achievable by any single organisation. Besides, it would never pay itself back, because the moment you break the system Bitcoins become worthless.
Hacking the blockchain is impossible. Like Phazon said, as soon as you break the system the coin becomes worthless. So what would be the point of making a fraudulent transaction if it would be worthless afterwards? Not to mention controlling 51% of a well-used coin would cost in the 100s of millions at minimum
I know my comment is probably not going to get read by you, but I just want to point out a huge thank you for opening up and sharing your thoughts with all of us. This Blockchain technology is something that is really interesting to me and I wish this technology to grow bigger and better!
Or it could be military industrial complex creating next Google, because they've been involved in virtually all new technologies including cryptography
The names jeff, the blockchain have to potential to lower the burocracy and possibilitate to start a project using less resources, it is the same to say "when we created lamps a lot of candle makers lost they jobs, we need to protect it banning lamps" You don't need as many high skilled workforce cuz the market adapts to employ this "medium skilled" worker, as now there is more in the market their wages will be more competitive and the products being offerted will have a lower price as business will cut information and the administrative costs from the product You statement is just poorly informed, read about the austrian school of economics. :)
Kitta12320 The best time to get into cryptocurrencies was xx time ago....the second best time is now. Maybe not for BTC mining though lol, but keep that in mind for other currencies or just for investing :)
I wanted to back in 2011 when I first heard of it, but I had no money. The concept of investing in anything other than food and shelter was what made me lol.
Blockchain should be used to replace a lot of centralized data. So like social security and identity info. You could have a registry blockchain for individual owner blockchains to join. This would record all individual owners... Replacing the social security system for id and all it is used for. As an individual chain owner, you would be an oracle over certain property types of information (like gender, location, age, whatever is personal), and locked down for the impersonal items. Those are the only properties to your id blockchain that the registry cares about (or should). Then you could have various registry blockchains to register your individual chain to. Allowing you to share whatever specific items from your chain with the new registry. These registries can be the various markets/areas of interest a company could be. Like advertising companies. Or youtube. Or anything where personal information is used. However, this would enable individuals control and potentially contractual activity for data from their chain. Like assigning royalty payouts to say, location data. This way if a registry wants your location data, the registry has to give you something in return.
Blockchain is the biggest Red Herring of our times. The Innovation is Bitcoin that utilizes time stamping of mined blocks tied together to lock in the proof of work(Energy spent). Blockchain isn't the invention,Bitcoin is and only BTC and it's many working parts,that include blocks.
No. Bitcoin for example one costs $1,000 to produce in electricity and effort. That's why they call it proof of work (pow). Fiat banking credits and cash are created at the flick of a button by the FED. Essentially stealing our existing money's purchasing power. Our Fiat money loses 50% of it's purchasing power every 8-10 years. This theft and transfer of wealth is a hidden tax called inflation. And it's not 2% as we a re lead to believe. Bitcoin is a open distributed (trust-less) ledger of who owes who and who owns what, that has had 100% up-time and never been hacked. You know the US has 20 Trillion dollars worth of debt right? Well this changes the outcome for future generations because you can't lie and cheat. And countries will create and issue their own currencies for all public works and not go into debt to do it. Oh yeah... less war too. Not a bad outcome.
Stealing has been going on from the beginning of time , and even animals steal from each other.Bitcoin can not abolish stealing in any way,and the distribution of wealth within society.
Special "oracles" to edit the blockchain? You've lost me know. The videos alright but you're in over your head. And please stop referring to the blockchain as being trusted. Its a 'trustless' system (i.e., you don't need to trust anyone).
Stay strong in your convictions, but yes be open to other people's ideas, philosophy and prism thoughts. Thank you for your videos!! Your videos are the "jump off" and all of us should do our due diligence to verify and expand on the subject.
Of course that blockchain is theme of great matter. Everything will change with use of blockchain, guys are making great and complicated projects based on this, which will change our everyday life. I saw for example ContractVault project, they are making smart contracts and so, so they are practically becoming public notaries, as I see that. That's revolution in legal system, and there are also a lot of other projects which will make revolution in every part of our life
The best thing one can do now is investing in Bitcoin /cryptocurrency...... Earning 3x of my mouthly salary from trading Bitcoin within one week is overwhelming
I resonate with the comments below, you are very talented and your audience really appreciates you. I am just starting educating myself about finance matters, never really having to deal with it before my IRA account started to drop in value (so fast). In any case, thank you, this Blockchain episode was very informative and inspiring.
Cold Fusion, could you make a video of why we still cannot use Crypto Currencies anywhere? Why cant we shop online with it? Buy plane tickets, hotel rooms, go grocery shopping. When will that happen? I got BTC for the purpose of using it as a method of payment, not just "yet another speculation currency". So why cant we use it yet? And when will this change?
I am thrilled with the possibility of turning government into DAOs, especially because I am from Brazil, and here politicians are very corrupt and government administration is very inefficient. A machine-state running on a blockchain would also have no prejudices towards any group.
We should use blockchain in govt. to know how our taxes are being spent.
The hopeful long-term plan for many blockchain companies are things like this
We should use blockchain to end govt.
@@Parcian- Amen
Fuckin A. I was gonna comment this. Right when I was explained what blockchain was, I thought immediately about taxes.
@@quaveglass taxation is theft, so blockchain should be used to avoid them =)
The internet allowed us to talk to each other, now the blockchain allows us to agree on what each of us said
Great TLDR;
You are on the right way 😉
Hello, !
I have an interesting offer which can interest you, write me PM if you are interested please
also lets us seriously vote for the things that matter
No more hiding behind a monitor , blockchain knows who you are.
"You don't want to send someone 5000$ and still have 5000$"
I don't quite agree with this...
You dont want that because it would cause inflation
@@omit4727 You missed the joke
You’re an asshole
@@omit4727 correct he's referring to inflation for fiat currency and copying for sensitive documents etc...
If everyone did send some money to someone else without any costs involved; the whole idea of money would be meaningless.
It didn't age well this video, as people are starting to realise how useless blockchain are: slow, costly, not really solving any problems
I came here to learn how to invest 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 light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
Investing in stocks and crypto is a good idea, a good trading system would put you through many days of success.
It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
Having monitored my portfolio performance which has made a jaw dropping $370k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.
@@wilsonbrown8993 Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@@anthonysam9391 Exactly, the trick is to diversify your investment, don't panic when everyone else is and invest consistently.
I cringe at those "oracles" you mentioned who will be granted special access to make changes to the blockchain. This will just open the door to corruption and someone paying them off for personal gain. Leave humans out of this system completely!
Agree .. the “oracles” make me suspicious
@Charles Thompson @dindinho22 @coldfusion
I hate to disagree with a PhD but this technology is new so there is a lot of wires that can get crossed. But oracles are essentially reference points for the blockchain. A really cool way to use them is through smart contracts. They DON'T make changes to the blockchain. Please check out this article from Æternity that explains oracles. blog.aeternity.com/blockchain-oracles-657f134ffbc0
WiW LaRue LoL that is not how bitcoin works and you could pay them or torture them and they couldn’t break it at a single location .. it would take all locations at once, each with a cryptographic code that has 2^256 bit encryption (impossible to crack even one with current technology, much less thousands of systems with different codes at once) ..
My thoughts exactly! This will betray the "trust built into the system" that he bragged about.
Look into ChainLink: decentralized oracles, the most important project in the space.
In response to 0:44 "The technology invented to power this new system, was called "blockchain" and Nakamoto's paper was its grand unveiling."
The real innovation by Satoshi Nakamoto is not the blockchain, or the underlying cryptography functions, or the hash-based proof of work algorithm to incentivize nodes (miners) to join the network to validate transactions. All of these had been described in papers by past researchers.
The real innovation lies in combining all of this research together and writing the initial open source code to create the world’s first currency and banking system that cuts out the middle men and government power over people.
@herblore7 In my opinion, the real invention is the consensus mechanism! All the rest we had before.
Forex and crpto stock trading is a good market to raise your finance at a steady growth, you need a proper understanding and a good strategy to become successful.___expert melissa__has introduced me to a great strategy to make profit and I made $125,000 last week. For more information you can email her on.expertmelissa8@gmail.com
Her WhatsApp number 👉 +1 (503) 854 1768
THE MOST comprehensive video I've seen YET on Blockchain and cryptocurrency.
I am and have for years been a YOu TUBE addict~! I LOVE shows on YT> But your show my friend, I literally cannot wait for ANY new video from you. You do the best investigative work of ANYONE else on YT! I wished someone would give you a show, ONLY so you could get filthy rich like you deserve man! You are AWESOME!! PLEASE dont EVER stop making videos! You ROCK brother!! Hello from the states. Georgia to be exact!!
*NEVER FORGET* of its *NOT DECENTRALIZED* it's useless and a probability that it's fraudulent or at least totally open to it.. This is extremely important to remember
Ron Burgandy Scotchy scotchy scotch!
@@MichaelWaisJr Baxter get my slippers! 🐾🐾🐾🐶
But are these altcoins like Ethereum decentralized?
@@orvvro Eth is Decentralized absolutely. Not as much as BTC but it's probably the 2nd or 3rd most Decentralized out there so it would be extremely hard to corrupt unless it's a CENTRALISED blockchain built on-top of eth.
For example many ERC-20 tokens are no longer on-top of Etherium because it let's them centralise and do whatever they like without having to get a group (the users) to agree to any changes.
I always love the way that this channel keeps me informed and updated of the major technological developments.
Much respect
Mate! This is one of the best Blockchain videos I ever seen! A nice mix of amazing valuable content, candy beats and Boss interview with the lawyer!
Congratulations! And please keep going with this kind of style!
Cheers!
this video didnt age too well - let's see the AI series in 5 years.
I am 34 now I am sceptic of the Blockchain and AI. In 1995 when i was 13 i was excited about the Internet and Computer with the similar situation.
I guess I have finally become old but the technology doesn't care what I think. It moves on.
You are VERY OLD...😂😂😂
Bring on the Blockchain. Hold the "Oracles". We need transparency.
I can't find any source for oracles as something that can "make edits on the blockchain," which is, so far as I know, impossible and the whole point of a blockchain. They seem to be just ways of getting information to the smart-contracts.
Black Girl Magic
u r beautiful af ♡
Didn't even watch it and already hit that like button, can't go wrong with coldfusion
Ethan Davis lol, ya your right coldfusion Always makes Awesome videos
I have never heard of Blockchain, but i'm gonna watch because ColdFusion
I hope this video compels you to learn more about the future of the internet, and the world!
I do agree with the hesitance of people because of privacy, particularly when blockchain is used in healthcare.
As I start to get ready to buy into BC, this video has been very helpful!
But it left a lot out about things already starting to be implemented that have nothing to do with the internet. I read not long ago that Wart-Mart is moving to blockchaining all their suppliers. Cheap RFID's make this doable. So, if the CDC says we have a salmonella outbreak, the blockchain will enable WM and the CDC to perhaps identify the one farm where the bad spinach came from. Immediately.
I'm an old guy, I built vacuum tube radios as a teenager. I mostly like technology. But in my lifetime, most things have been evolutionary. Blockchain has the potential to change the world as much as the printing press and the internet have.
Is it decentralized? if not, it has not much to do with the technology in the video.(but is probably the better application of the blockchain philosophy.)
Also I would really wait with investing into BC.
Jamie Dimon from JP Morgan Chase knows the end is coming for the banking industry. There will be hell to pay..
Yup they will instituted deflation and take all money..they will crash all markets and destroy the real estate market..
Why won't people continue to put money into a bank account for guaranteed interest while the bank loans it out for a higher rate?
I want to live to the time that US dollars created by JPM is worthless and each country creates it's own economical power in exchanging goods with America and leave America devastated.
It will take time but it will happen.
@@albirtarsha5370 Loans don't happen like that. You are fooled.
@@samlsd9711 If loans don't happen like that then why do banks offer CDs?
Blockchain is good the best time is to invest Bitcoin/fx and cryptocurrency trading is now. Don't say to yourself that's is going down because you will end up postponijg for ever start now and make sure you start with a right broker
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status
@@jacobgary1643 That's true sir. Most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts
You don't make money on forex or crypto by holding your coins rather you trade to make gains
@@garyhelen9155 absolutely right ma'am
Forex trade made me whom I am today financially without any stress and complications
You just blew my mind...
What if breakthroughs in the synthesis of nanotechnology and bioengineering and 3d printing etc. were to create the possibility of humanity finally being able to move beyond scarcity. In that scenario blockchain would just be another stopgap. Money and wealth and power based on those things would be revealed to be a 10,000 year old relic based on fear of famine. Part of a no longer relevant paradigm. We would need to create a philosophical infrastructure based on abundance instead. We would stand in the threshold of the real beginning of civilization ie The Star Trek paradigm.
Some do predict something along those lines. Automation, cheaper power production (look up the price of solar over time - looks like Moore's law), etc. can create a world of abundance in some sense. But currently we are still not very efficient consumers. Literally products are not made to last aka planned obsolescence.
I've watched a few videos about blockchain and this is honestly the only one that helped me understand what it is,thank you!
10:48 "everybody in the system knows this car was sold to you" seems like the death of privacy to me...
This channel use the new version of the "Beyond 2000" series I used to watch in the 80s.
Thanks for the great content.
Use to love that show with the New Zealand accents.
The idea of Oracles, is scary. Everyone knows that world leaders will demand either direct access to it, or they will find out whom are Oracles and force them to make changes.
You should never use a crypto that uses oracles. Any developers that think of using it are crazy.
I don't know if I'd want the ownership of my house, complete with address and cost, to be stored in a ledger that anyone can access... Privacy is a massive problem with blockchain tech, which is why I don't think it will ever become universally used. Nobody wants to be part of big brother.
They don't know if you own the house, they'll know what key owns it. And who holds the key is the secret.
encryption
If you become invisible in everything you do,how can anybody trust you at all ?
Believe me , it's all part of the plan!
I really wish there were more videos like this that popped up in people's feeds. So many "tech" channels still think Bitcoin is mined with GPU's, cryptocurrency is Ethereum, and the only use is as an alternative form of money. It drives me nuts, and thankfully, people like yourself explain it far better than I tend to.
Great great great video! You are becoming my favorite tech news sources. I also really appreciate the proper sourcing, it gives you a lot more credibility.
Food. guns and ammo, Gold and silver, and a secure area have been my priority, but crypto currency, might be a good idea, as long as there are no world wars, or EMP attacks, or magnetic pole shift.
Can always buy more of that stuff after you become a millionaire from buying crypto before it gets huge.
If there is any world wars, Emp attacks, or pole shifts, buddy.. owning crypto is the last fckin thing you should be worried about. Also if there are any world wars, whoever wins, crypto will be strong because it’s unbiased of a country
Yeah it looks VERY nice and convenient but... privacy is a real issue here :/
georgemitchel23 Monero. And Ethereum will have it soon.
georgemitchel23 Privacy is actually not an issue at all.
wouldn't I be able to stalk people using the public leger?
to see what transactions they made
Each record is public but doesn't mean it's not private. Your "user id" or whatever identified you are still unknown to almost everyone because it's encrypted to the ledger. You can see it but instead of like mark as the user it'll be something like 24chaeldosxntlwlado2esf45f so unless you can find the algorithm to decode it, it'll be hard to figure it out
Conclusion: fuckin buy cryptocurrency
The Under Network - Main
Na.. I live in Dubai
Or as a secondary plan pay your taxes?
I already did in july what a time to be alive
Wich ones.....there are too many. Bitcoin is expensive af....( ETH too volatile)... (Litecoin, yield to low). I am still confident that crypto will be the future but still.....if you have any tips
get in while its low, and hold on lol
The music and Visuals in your videos are amazing !
So basically, BlockChain is like an automatically updating, online, decentralised network of ledgers and balancesheets that record our transactions and transfer of currency and assets.
Wow! That's so cool!
This whole blockchain technology and "Oracles" that can edit it and smart autonomous contracts, its like listening to the MGS2 plot, heh.
nah, that made way more sense.
Hello, !
I have an interesting offer which can interest you, write me PM if you are interested please
Blockchain was created around 1988. Look at the economist magazine cover jan 1988 and read that article.
Blockchain is just a name mate. Peer to peer Decentralised blockchain is what we’re talking about
@@missionpupa thats a good point
Holy shit, DAO + AI would be a truly automated company, there has been some discussion how AI may replace CEOs, after all a CEO makes the best decision for the company based on what they know, an AI has unlimited access to data and can do the same.
DAOs are gonna be so interesting, imagine a trading company or steam trading for real money, right now there' s a lot of dangers with trading items for real money because of the risk, someone could fuck you over so escrow exists, but if DAOs can do it automatically :O
John Lelouch I'm sure there would still be a "CEO" to look over the choices the ai makes
someone has to make/own the AI
I am in love with your voice. It has the right tone, the right accent, simply perfect ❤❤❤❤ ❤
This channel is keeping me from going to other entertainment videos I usually spend most of time on like big bang theory, office , other prank videos
Man Please Make a Video on How Big is HONDA & MICROSOFT
tony michael By this comment I assume Honda is as big as how Coldfusion made Samsung sound like. Right?
How about a video on who is entering the technological rust belt, I heard Peter Teal talking about it on an old video
Man! You're the best. BTW my first comment in UA-cam ever, even though been using this for 7 years.
hi
Damn.. Michael is here! 3:57
I don’t use blockchain yet but the very idea fills me with more happiness than I’ve felt for a long time in regards to modern society.
4 years later, this makes me wonder when the blockchain technology will actually pick up the pace. So far, it seems to me, it has not become pervasive at all, especially outside cryptocurrency. And where are the DAOs?
I am seriously seeing because of super star UPPI sir
That 1975 outro, though.. good job again dagogo!
I hate the fact that banks are getting into crypto
CHIIIIIIIIIIIIIIIIIIIIIIINAAAAAAAAAAAAAAAAAAAAAAAAAAA
Banks'll be around. But as cherry-picked payment signaturees and brokers for loans, as they'd function
U're lacking knowledge about how the Bitcoin protocol actually works. And, yes, Bitcoin is weakly pseudonymous. Use anonymous open blockchains (already exist), mixing services and crosschain transfers to disassociate funds with your identity if u're feel followed
I don't understand what you're getting at, Deckard. First of all, cryptocurrency forensics is not 'easy' like you say it is. It's incredibly costly and difficult unless someone uses the same address or sets of addresses for all their transactions. Since most people use a new address every transaction, tracking one address is pretty much useless. Even if you can figure out a way to guess a set of addresses that belongs to one person, you'd also have to figure out who is on the other side of the transaction. It's like if phone numbers changed after every call, and you figured out a set of numbers that all belonged to one guy, you'd still have no idea who they're calling.
Basically, the only way to know for certain that a set of addresses all belongs to you is to get data stored on your computer, which is what happened to Ross Ulbricht, the guy who ran the Silk Road.
Your story sounds like typical unfounded conspiracy theory to me. I'm going to take this with a huge grain of salt unless you have some sort of evidence to back that claim up. Also, I can't imagine a possible way in which Bitcoin could be un-decentralized just like that. Even if that did happen, that'd be the day everybody took their money out of Bitcoin and into any of the other hundreds of crypto-currencies on the market right now.
Talking in all caps doesn't make you more right, chill out. You're sounding like a Flat Earther right now.
No, addresses are not "software" in the traditional sense, if that's what you're talking about. They're a string of up to 35 numbers and letters. For example, 19aVsXegUuPT5b2imrQ77XFsomLRziZ6Q5. I just made that using the website "bitaddress.org". You can actually create a bitcoin address completely offline. What you then use is a private key, generated at the same time, to authorize transactions with it. A private key is usually a 256-bit number, so they'd be incredibly hard to crack by brute force.
As far as I know, there's nothing involved in the process of generating an address that contains any amount of personal information on your part. You could even do something like program a raspberry pi that's never been hooked up to the internet to generate them, transfer them to a .txt file, and then transfer them by thumbdrive, if you're particularly paranoid about your personal identity somehow being contained in your address. Kinda hard to track something that's never been online before. Also, since creating a new address is so easy, most people do it every transaction.
As for bitcoin transactions, if you're talking about that... If someone sends you Bitcoin, you can't just look at the "from" portion of the transaction and see who it's from, because that's not part of the transaction. That's because it doesn't exist. Essentially, bitcoin is a system of receiving money, but not sending it. This also adds to the difficulty of tracking transactions. It's not impossible, but certainly not easy.
As for the flat file... I mean, yeah, I'm sure that's already been done, too. However, that wouldn't actually give you any amount of control over anything. That'd just mean you'd be able to look through the transactions that have been made in Bitcoin. This information is already pretty much publically available, transferring it to a database doesn't really mean much. Essentially, you couldn't force the entire blockchain onto one computer, but copying the information on it to a database is possible.
I can't help but feel you also overestimate the utility of cash. For one thing, being a fiat currency controlled by the government raises a few issues. Another thing is that while it's easy to go to your buddy and buy 50 bucks of "oregano" from him at the corner, the problem becomes exponentially more difficult when you want to buy five million in "powdered sugar" from your buddy at the dock. Now you're lugging around a big briefcase of cash, which anybody could grab and snag at any moment. No hacking necessary! Most transactions of that size will have middle-men, who will likely want a cut of the profits, too. Then there's the issue of how do you get that much cash in the first place if you didn't already have it. Do you withdraw it from a bank? Maybe you had to launder it, which is a whole 'nother complicated proccess?
What if your buddy is in China? Well then you'll have to figure out how to transfer it overseas to him, likely smuggling it through customs of some sort. Now you've added logistics into your expenses as well. Not only that, but it is going to have to convert it to Renminbi now somewhere along the way, which is ALSO an added fee.
There are certainly situations where cash will always be better, but cryptocurrencies fill in the gaps. Honestly, I think Bitcoin is the prototype. If it's ever mass adopted, it won't be Bitcoin, or at least not it in its current form. So if it was a plot to get us to all go cashless, I would consider it a failure.
Man! Your content is amazing! I can't stop watching your videos! I'm learning a great deal.
So, if Blockchain is a distributed database. A couple of technical questions: 1) How does one create a block to be added to the chain? 2) How does one search for records in a blockchain database? Thanks.
Pedantic point, Bitcoin cannot do 10 tps -- it can only do 7 tps and that's only the max theoretical throughput under most ideal conditions. In real world usage Bitcoin throughput is closer to 3 tps because of more complex transactions on the network.
Victor T Bitcoin is not the only cryptocurrency in existence... Look at iota, the plasma network, lightning network... They've solved that "problem," not that cryptos were slow compared to banks in the first place.
Victor T Also, no transaction is more complicated than another. Congestion is a factor when it comes to payment processing.
I'm not sure what point you're trying to make here. Of course blockchains with adaptable block sizes like Monero, Ether and Dash tps is less of an issue. My comment here is directed towards incorrect information in the video where he states bitcoin's tps is 10.
Victor T, the 7 tsp is pre-SEGWIT. We're is a transition to SEGWIT so the tsp will be higher.
With segwit it wont be a problme
Dagogo, you are amazing!!!
Ivan Reyes He's just relaying information. Go read a book for God's sake
11:48 entities allowed to edit the Blockchain? That defeats the purpose of a Blockchain right there.
I probably would be rich right now if I saw this video 4 years ago
09:47 Example: Used Tesla Model 3 purchase.
It was quickly mentioned that "the car will be uploaded to the blockchain" as if that is a simple process. Consider what that means.
STEP 1: Someone with legal authority, a third party, must first validate the mileage, current condition, accident history, ownership, unique identifier (VIN#), and everything else a buyer would want to know BEFORE purchasing it. No different than before the blockchain. All that external information, gathered by a legal authority, must be gathered, or at least validated, then entered into the blockchain. (Even if the original owner entered that information, someone else must validated it by comparing the actual car to the information entered.)
STEP 2: The buyer and seller agree on a price in dollars or a cryptocurrency and a smart contract logs the exchange.
STEP 3: Later, before that Tesla can be transferred to a third person, process #1 must be repeated. The current condition of the previously purchased Tesla must be updated to reflect changes in mileage, accident history, tire condition, software version, etc.
This blockchain initialization and update process would be similar for land, houses, boats, planes, or any other properties. In summary, initializing and updating a property's description in the blockchain requires a third party to validate it to minimize, but not eliminate, fraud. If there is a dispute over the condition of the property transferred, the courts must resolve it. The blockchain reduces intermediary's but doesn't eliminate them. Courts to resolve disputes and notaries to validate the new and updated property information in the blockchain must still exist.
I suspect legal academics and practitioners are looking into this now.
In 20 yrs time, we might go cashless and proceee with our transactions without handing bills to sellers.
I think, I already heard of this years ago - that our society will move to an era where physical cash no longer has value..
True. Cryptocurrencies are the future.
I think an early version of that future is already here....credit cards, debit cards, electronic banking and now cryptocurrencies.
I see this having a positive impact on me. But my gut feelings are visualizing a dystopian future which we're not ready for.
So its basocally what they try to do in the newest season of sillicon valley :D
DAC ? Decentralized Autonous Country?
THE FACT THAT THIS VIDEO ONLY HAS 1M VIEWS RIGHT NOW TELLS YOU THAT NOW IS THE TIME TO INVEST.
Thanks for working on this topic and sharing it in such an easy way, this was really informative.
Blockchain is the future! Except there are huge issues and risks involved. What was my ID again?
How will we be storing the data in the blockchain. It will quickly become to big for the amount of information that is physically possible to be stored on the earth.
TheWioreks Just gotta keep up
TheWioreks Unfortunately there will be some centralization in regards to storage as people look for places to store their blockchains, you are correct :( but decentralized storage solutions, such as storj.io, are also changing the game in that regard!
I believe there's something called pruning for the blockchain. I'm not sure how the algorithms work or if they're even successful.
TheWioreks it's not necessary to store the data just indexing the data. Like an old fashioned library.
Just send server into space
Love it!
Bring the future now!
of course, it wouldn't be the future then :(
"you don't want to have these things as copies"
....reminded of people who insist that the recipients of their email return the email once it's been read, for security reasons.
4:01 "Well, maybe you do want to do that" I wish I could heehee
"ORACLES" remind me of The Matrix.
plz do a vid on thorium and its future uses
I don't see how ColdFusion hasn't already done a vid on LFTR technology. More people need to know about it.
dank bleach considering its fake it's useless
Yulian Baskoro good work Norway running a paper mill on A HOAX ------- buy solar :-)
Yulian and Grey . The ability to use Th in reactors has been theoretically known since the 30's and practically demonstrated in the 60's. It's a thing and anyone who says it isn't can join their delusional buddies on a flat friggin' earth.
Chris K people dont know about it much by the way you just googled that
please dont make blockchain mainstream I'm still trying to accumulate
Accumulating what?
He's talking about blockchain. Not bitcoin🤣
haha
Peace!!! You don't understand crypto = blockchain. Otherwise it's just a decentralized, complicated database. Doesn't make much sense to use for corporations. Blockchain only makes sense for financial transactions. Period.
aceyage So corporations don't do financial transactions? You are just as confused as the guy who just heard of bitcoin and blockchain for the first time. Pathetic. Where are the real nerds?
Technology... Is the ultimate blessing from God... Africa needs this the most... I hope financial institutions in africa can adopt this...all our wicked politicians
So far only your video explain it until i truly understand what is the bitcoin and blockchain - tqvm
Even if blockchain works as you say it does (and it probably won't for a while) fraud and other bad things can still be done before or at an item's point of entry into the blockchain system in the first place.
It doesn't work like that. The people who "mine" the currencies are the people keeping track of everything that happens in the blockchain. If somebody tries to move money to account where it doesn't belong, the majority of the network doesn't agree and the transaction will not happen.
As far as I know, the only way to break the system is by controlling 51% or more of the whole processing power of the network so you can confirm your fake transactions with majority of the "votes". This would not only be ridiculously expensive, but it would also be extremely complicated to achieve.
The amount of electricity needed to get there alone would be expensive even for government scaled budgets, as the current power used by the whole Bitcoin network is equal to almost 5 of the most powerful nuclear power plants in the world. So yeah, you would need 5 of those to start off, then you would need to produce all the mining hardware to do the actual mining. The scale of this is just ridiculous, it's really not achievable by any single organisation.
Besides, it would never pay itself back, because the moment you break the system Bitcoins become worthless.
Hacking the blockchain is impossible. Like Phazon said, as soon as you break the system the coin becomes worthless. So what would be the point of making a fraudulent transaction if it would be worthless afterwards? Not to mention controlling 51% of a well-used coin would cost in the 100s of millions at minimum
Down side. Privacy!
Compared to now I see zero difference.....
Now you can see what the govt is doing with our taxes.
Zero knowledge proofs/recursive snarks tho
Monero
Tangle > Blockchain
pklifter true, Iota for sure!
I know my comment is probably not going to get read by you, but I just want to point out a huge thank you for opening up and sharing your thoughts with all of us. This Blockchain technology is something that is really interesting to me and I wish this technology to grow bigger and better!
Simply .... thank you for the best video on blockchain tech. On UA-cam
Among us may be the next Mark Zuckerberg....
May be not, he probably is busy right now...
Hi, Im Mark.
RAIN hi Mark ... I'm Zuckerberg
didnt hit her i did noooot, oh hi Mark
Manny Medina you have Latino name, Trump will deport you... please share your next innovation with your idiot former homeland
dosmastrify I hope you're in florida this saturday, Irma needs to clean our country of you fuckers.
Or it could be military industrial complex creating next Google, because they've been involved in virtually all new technologies including cryptography
.....wow.
So many jobs will cease to exist because of the blockchain
Hallelujah!!...new opportunities will simultaneously emerge too...
lol alot less and only to people who are high skilled
The names jeff, the blockchain have to potential to lower the burocracy and possibilitate to start a project using less resources, it is the same to say "when we created lamps a lot of candle makers lost they jobs, we need to protect it banning lamps"
You don't need as many high skilled workforce cuz the market adapts to employ this "medium skilled" worker, as now there is more in the market their wages will be more competitive and the products being offerted will have a lower price as business will cut information and the administrative costs from the product
You statement is just poorly informed, read about the austrian school of economics. :)
Nah it will create more jobs.
I have been following ICO projects for a long time! And at the moment I like the bounty company Metal Factory ICO!
So I keep hearing that this technology is "Block-chain" will be affecting us more than AI. I can't imagine anything to be more important than AI.
This concept is kinda scary.
Emmanuel Onwuka If you find it scary, you don't know enough about it.
It is basically another scam of the highest order.
It's basically the most interesting thing to happen in the last 20 years.
Bitcoin at $0.0010 in 2009 hahaha xd
Now it is a couple thousand dollars. Lol
Alex Stomberg dammit! I shouldve mined BT 5 years ago..
Kitta12320 lol same
Kitta12320 The best time to get into cryptocurrencies was xx time ago....the second best time is now.
Maybe not for BTC mining though lol, but keep that in mind for other currencies or just for investing :)
I wanted to back in 2011 when I first heard of it, but I had no money. The concept of investing in anything other than food and shelter was what made me lol.
SKYNET = DECENTRALIZED AUTONOMOUS ORGANIZATION + ARTIFICIAL GENERAL INTELLIGENCE.
*Artificial Super Intelligence.
Blockchain should be used to replace a lot of centralized data. So like social security and identity info. You could have a registry blockchain for individual owner blockchains to join. This would record all individual owners... Replacing the social security system for id and all it is used for. As an individual chain owner, you would be an oracle over certain property types of information (like gender, location, age, whatever is personal), and locked down for the impersonal items. Those are the only properties to your id blockchain that the registry cares about (or should). Then you could have various registry blockchains to register your individual chain to. Allowing you to share whatever specific items from your chain with the new registry. These registries can be the various markets/areas of interest a company could be. Like advertising companies. Or youtube. Or anything where personal information is used. However, this would enable individuals control and potentially contractual activity for data from their chain. Like assigning royalty payouts to say, location data. This way if a registry wants your location data, the registry has to give you something in return.
Blockchain is the biggest Red Herring of our times. The Innovation is Bitcoin that utilizes time stamping of mined blocks tied together to lock in the proof of work(Energy spent). Blockchain isn't the invention,Bitcoin is and only BTC and it's many working parts,that include blocks.
Let's kiss the current monetary system goodbye asap!
You mean everything for free and if that is so, why the bitcoin and the magicoin and the futurecoin ?
No. Bitcoin for example one costs $1,000 to produce in electricity and effort. That's why they call it proof of work (pow). Fiat banking credits and cash are created at the flick of a button by the FED. Essentially stealing our existing money's purchasing power. Our Fiat money loses 50% of it's purchasing power every 8-10 years. This theft and transfer of wealth is a hidden tax called inflation. And it's not 2% as we a re lead to believe. Bitcoin is a open distributed (trust-less) ledger of who owes who and who owns what, that has had 100% up-time and never been hacked. You know the US has 20 Trillion dollars worth of debt right? Well this changes the outcome for future generations because you can't lie and cheat. And countries will create and issue their own currencies for all public works and not go into debt to do it. Oh yeah... less war too. Not a bad outcome.
Stealing has been going on from the beginning of time , and even animals steal from each other.Bitcoin can not abolish stealing in any way,and the distribution of wealth within society.
Special "oracles" to edit the blockchain? You've lost me know. The videos alright but you're in over your head. And please stop referring to the blockchain as being trusted. Its a 'trustless' system (i.e., you don't need to trust anyone).
Nandi Bear the blockchain is the trusted “system. He’s not talking about a person. Just trust the system.
Anyone catch the small messages at 4:00?
Nathaniel Holguin I couldn't.
Nathaniel Holguin I caught them already 😊
Adrian Cabrera mind sharing please? 😊
Nathaniel Holguin It just says "HEY! VSAUCE" and "WELL, MAYBE YOU DO WANT TO DO THAT."
yea, wtf?
Stay strong in your convictions, but yes be open to other people's ideas, philosophy and prism thoughts. Thank you for your videos!! Your videos are the "jump off" and all of us should do our due diligence to verify and expand on the subject.
Of course that blockchain is theme of great matter. Everything will change with use of blockchain, guys are making great and complicated projects based on this, which will change our everyday life. I saw for example ContractVault project, they are making smart contracts and so, so they are practically becoming public notaries, as I see that. That's revolution in legal system, and there are also a lot of other projects which will make revolution in every part of our life
ok so how do I get rich? :^)
The best thing one can do now is investing in Bitcoin /cryptocurrency...... Earning 3x of my mouthly salary from trading Bitcoin within one week is overwhelming
I have been trading offshore I'm still yet to earn my first $100,what strategy fo do you use please?
@Bill Sean Who is your expert
I would love to get in touch and invest with her
This miss Yamila Hernandez is a godsent. I invested £2200 and she got my financial status blown to $18,000
I chat her via whatsapp 👇
I will not be part of "The Beast System" ....and i will not take the "Mark Of The Beast" in my right hand or in my forehead.
I resonate with the comments below, you are very talented and your audience really appreciates you. I am just starting educating myself about finance matters, never really having to deal with it before my IRA account started to drop in value (so fast). In any case, thank you, this Blockchain episode was very informative and inspiring.
quite good amount of information in very easy and simplistic way .
Magnificent . . . You'll have to show to dry mine tears u know I the child that leads the way . . .boo hoo
I love the channel but that opening is so cringy
Jackson lol
Hello, !
I have an interesting offer which can interest you, write me PM if you are interested please
Trump is jabba the hut
Cold Fusion, could you make a video of why we still cannot use Crypto Currencies anywhere? Why cant we shop online with it? Buy plane tickets, hotel rooms, go grocery shopping. When will that happen? I got BTC for the purpose of using it as a method of payment, not just "yet another speculation currency". So why cant we use it yet? And when will this change?
I am thrilled with the possibility of turning government into DAOs, especially because I am from Brazil, and here politicians are very corrupt and government administration is very inefficient. A machine-state running on a blockchain would also have no prejudices towards any group.