Demonstrating in an interesting way with slides and comparisons the basic idea of the Blockchain and how it will play a dominant role in the future.
Impacting more aspects of peoples lives than just money transactions.It doesn't mean that everyone will need to learn Blockchain. It is one of those things that we don't have to know how it works,just that it does and will.
The fact that the intermediaries or middlemen we are accustomed to today to verify trust in transactions (Principally Banks) will be redundant, is not glorified, or put forward as the reason for the search for an alternative way of verifying trust that saw the invention of the Blockchain. They will be just a casualty of progress.
The Video. Should be open. But you may have to click link.Sorry.
https://youtu.be/k53LUZxUF50
He is being polite, I think,not wishing to be controversial.Just happy that the invention exists and excited by it's potential.However,I think it is too much of a coincidence that it's first appearance in 2008 followed the banking crisis in 2007.
It also leaves many questions unanswered.He doesn't mention the miners using special hardware on their computes to mine for Bitcoin. Where do they fit in ?.I have subscribed to his channel so it will be for another time.
The best place to learn about the new currency is at the coal face (No pun intended - err miners - coal face) Join Steemit. Earn and Learn. - http://steemit.com
The above information brought to you by – http://bitcoin-in.net - the website for all things bitcoin and cryptocurrencies. Books. Gadgets and Gear. Hardware. Gifts. Clothing i.e ‘Bitcoin Accepted Here’ Tee Shirts, Baseball Caps,Door Signs.
To See a Wide Selection of Drones.Accessories.Books.Hardware.Clothing.
Visit – http://onlydrones.net
No comments:
Post a Comment