36 Burst results for "Blockchain"
Fresh update on "blockchain" discussed on BTV Simulcast
"I alluded to this a little bit earlier, but the business model innovation that blockchain brings to gaming is going to be in our view as big as the rise of the free to play gaming business model that emerged in the late 2000s. The free to play business model brought in about 50 to 80 billion of value to the gaming industry, which is now valued at over 200 billion. We think blockchain gaming with the rise of a marketplace business model that allows for the transfer of transactions automatically without having to rely on counterparties is a very powerful technology that the gaming industry is going to absolutely take advantage of and integrate into web two. I think you're going to also see a lot of gaming companies not necessarily go the ICO route, but they will incorporate some type of NFT revenue component to what they're doing. We think this can be incredibly powerful, and it's already proving to generate billions of dollars already in the last 12 to 18 months. Chest Chapman managing partner of convoy ventures, thinking about the new ways in which companies will raise funds as well as the ways in which they'll continue to develop. We thank you so much. Meanwhile, coming up
Bill Gates says crypto and NFTs are a sham
"Bill Gates says NFTs and crypto are 100% based on the greater fool theory. Now, generally, I see more. Are you familiar with the greater fool theory? The greater what theory? The greater fool theory. No. The greater fool theory is that no matter what you pay for something, there will be a greater fool around who will pay more for it. I've seen that in action in the last couple of weeks having it. Yeah, we have. We know. Actually, it's a true theory. Bill Gates believes in it. That's why I think I said, can we get a Montage someday of how many times I told people not to buy crypto on the show? It goes back at least 5 years. And what did I say? Don't buy what you don't understand. So unless you can sit down and explain to me how blockchain currency replaces a reserve currency, don't buy it. But in any event and non fungible tokens, that to me with the tulip bulb thing. If you study the history of economics, Arthur Brooks, westbury, they all begin with the tulip bulb thing. That's when there was a market bubble in tulip bulbs.
Charlie Kirk on the General Stubborness of the Human Condition
"With my friend Charlie Kirk, Charlie, we're talking about this bizarre moment in which we find ourselves and I do think there's a couple of things. I think that you and I, it is painful when you realize that people you thought were your friends or where you're on your team are absolutely not. There is no question that that is, that's much worse than finding out that somebody you knew was not on your team is working against you because you say, well, I kind of expected that. So there's a sifting going on. There's a sifting going on in the Republican Party. And there's still people in Republican Party who haven't got this memo, one of them, I'll just give you his initials, Mike Pence. What about him? Nothing. Okay. Well, look, I mean, what you're really getting at is it's also human psychology. Most people don't like to be corrected, right? Most people don't want to be confronted with something that they might find to be true. And this is something that we as Christians have to deal with all the time when we try to convert people is that there's just a general stubbornness stubbornness to the human condition. The issue and the great opportunity for us though is that even people that were stubborn had tyranny smacked across their face literally when they had to wear a mask during all this stuff. And so, look, I tell people this, they say, Charlie, I have a hard time processing what's happening. We did a conversation with Jack kibs recently, it's gone totally viral. Millions and millions of views. One of the most successful conversations he's ever done all about the great reset. And I think one of the reasons why it was so successful is I challenged the audience that you have to change the way that you watch the news and process what's happening, where you have to, you have to come from the belief that every action our government is doing and the elites are doing is actually not in your best interest. Right. That this is an intentional unraveling. But this is not a mistake, it's not a sequence of choices, and they are ignorant. They're bad at actually executing their own malevolent agenda. Right. This is one of the main reasons why when people say, we need to modernize our government. That's a really bad idea. Right. But we need to put our government on blockchain. I'm like, what should they put us in the gulags quicker? Right. So that they could have AI to make sure. I like the fact the IRS doesn't use email. That's right. Okay. The robots are coming. Like I want the
What Makes Crypto So Compelling? Collin Plume Explains
"What makes crypto so compelling for a gold guy? Well, I think it's the decentralized aspect of it that it doesn't have to go through any banks. It's not controlled by the fed. It's not controlled. It's the market dictates the price. So obviously there's wild fluctuations. There's a lot of volatility in crypto. But you know that that volatility is based on supply and demand of what's happening. People are buying and selling out there. So I think that's the first side of it. Second side is just creating a system of utility in the world. A lot of cryptocurrencies, their mission is to make our lives better. And so many different ways. From healthcare. I mean, the ability to have all of our data and my fathers of veteran. And so when he goes to the VA, they have his data from when he was, you know, he's 76 now. They have his data. When he served, when he was 18 years old. And so they can pull all that up, right? Which is so convenient. Most people like us, you go to 7 different doctors. Oh, where's your oh, you broke your leg? How do I get that? How do I get that extra? You can't get that data. So the VA has that system. The blockchain is creating that system. So your doctor, whatever doctor you go to, let's say you got some mercy or in a car accident, you fly in and they don't know that you're allergic to penicillin. And something happens, which happens all the time. These kind of mistakes. So that data would be at the fingertips because of what they can build on the blockchain. So that utility is something that I don't think anyone can disagree with. And also would make our lives better and easier.
Rep. Marjorie Taylor Greene Describes the Dangers of Cryptocurrency
"Talk to us about crypto Bitcoin, Marjorie, what's the issue? What's the danger? Okay, this is a huge issue and I'm barely seeing it talked about, but it has to be terrified. So up here we have Justin Trudeau who's basically gone full dictator in Canada. He's declared martial law, cracking down on his entire country, where he's in full control. He is, he is going in and stealing people's money out of their bank accounts if he considers them a terrorist. But these are really peaceful protesters. These are truck drivers and all of the people that have decided to stand up against the mandates because they're saying my body my choice. Well, what we're seeing is the very same thing that could happen here in that country is just to the north of us. And it has a lot to do with cryptocurrency. We need to start paying attention because right now big banks, big tech and big government, and that's the Biden administration and the Democrat communists in charge. They are lining up to start cracking down and regulating cryptocurrency. And the reason why is they want to be able to control you. I think in the near future, we're going to start seeing a pitch for a digital dollar. And when our currency goes digital, that means that those that are in charge, they can simply push a button and control everything that happens to our currency. So this is a place where we need to protect crypto. We need to protect the blockchain. We need to protect the keys to the wallets and those it needs to completely belong to those who own it.
Is Crypto the Right Investment for You?
"In light of what's happening with the truckers because it should be illegal, right? Just because you don't like somebody's political views and you're fearful, they might be able to contribute to these truckers, you're going to freeze their financial accounts. I mean, that's like treating your own citizens like from the Iranian government. We're going to sanction our own people. It's wild. And I think speaks to the need, not just for gold as I mentioned, which should be part of any well diversified portfolio, but the need for cryptos, things like Bitcoin, something that can exist. Outside the parameters of government control. Look, cash used to sort of serve that function, right? But cash has become increasingly less prevalent in this day and age. And I think there's still always sort of a function in need for something like cash. To me, again, the crypto environment really sort of fills that space. Now it's not perfect because it's not entirely like cash. In fact, if the feds want to track you down, they totally can. That's a misnomer. I think about cryptos and blockchain technology because there's a record of everything. There really is. And you've seen in some of these ransom cases where companies have been held up for millions of dollars. The feds have always been able to backtrack and get the money back. So that proves that it's not entirely anonymous, yet you want something that's a little bit outside the chain of command, so to speak. So you're sort of insurance against disaster if you would. And I think that Bitcoin, although it's been extremely volatile and you shouldn't think of it. You really shouldn't think of it as a safe investment. It's really anything, but it's something that you can look to in your portfolio for one investor described it to me as kind of an insurance if you would again the unthinkable. We don't want really bad stuff to happen. We don't want a World War three environment. We don't want our own government doing what candidate is doing and cracking down on our ability to access our own funding, but maybe that's perhaps what Bitcoin ultimately becomes.
"blockchain" Discussed on Real Wealth Real Health
"Blockchain explained in simple terms how blockchain foregoes the need for central authority accessibility of this technology around the globe. In how it's being used to raise socio economic status in other countries other key insights are way that existing services are being. Reinvented the become more accessible and efficient. The institutionalization of crypto currencies and what we can expect in terms of growth and expansion of blockchain in the coming years with an eye to the future. Avi gives us a final example of a fully integrated framework using blockchain. Ai in i o t the internet of things which is a premonition of what's to come all right. Avi welcome to the podcast. Thank you so much so glad to be here. Yeah we're really looking forward to this episode. It's the second in our blockchain crypto currency education series..
Leveraging Mastercards DNA Onto Blockchain
"Leandro well do blogs. Could you our listeners. A quick introduction on yourself sure. Hi how are you in. Thanks for having me here. Who finally finding a good time to to get this done. Apologize up front i. It was completed my fault. I earned busy. Yeah so yes oh land newness here. I'm vice president of developing innovation and mastercard Much more everything related to my career. Talk a little bit about that. But it's own innovation in a mastercard with Tackle some use case for blockchain. I'm a i'm a little portfolio for this solution is that are on top of blockchain. Call the master providence solution. And i'm glad to be here in. Let's let's check more about other excellent excellent so as it is customary here at intra blocks. Could you please explain to our listeners. What is blockchain. And how does it work. Do you want to have a go at it. Oh goodness so. Yeah so jimmy. Blockchain is a distributed alleged technology that uses a in a sort of a consensus methodology Record blocks in sequence in alleger. It's technology that is driven by data governance and In by in a establishing that works to tackle the use case so it basically helps integrated participants in also the legacy systems of this participants in in Decentralized environment that they can share the data when they do that that provides a gives the visibility that you know would majorly increase the trust between the participants.
Hungary: Statue Honoring Mysterious Bitcoin Founder Unveiled
"A statue was unveiled in Budapest of the mysterious founder of bit coin we are all so does she Santoshi Nakamoto is the name with which in two thousand nine some one published in so called white paper the documentation of beats going hundreds G. or P. is a bit coin journalist and the initiator of the project he curated mixed with going he created the blockchain technology he is the god of our market corrected in a business park near the Danube river in Budapest the featureless space of the bust wrapped in a bronze hoodie emblazoned with the bitcoin logo is heavily Polish to make it reflective like a mirror so people can see themselves it does not matter who said that she was it doesn't matter if it's male female white black whatever the idea behind bitcoin is important not to motor was a pseudonym which could refer to a person or group of people of unknown gender age or national origin I'm a Donahue
Co-Founder of Yield Guild Games Gabby Dizon on Why He Started YGG
"Everybody welcome to another episode of venture stories by village global on here today joined by few special guests. We've gabby dion of g. G and linda shay of skelter linda gabby welcome to the buck s. Thanks for having me expecting us awesome. I'm here joined by mike. Majko's lucas baio at village. Global team lucas. Welcome awesome so maybe as as an introduction gabby one one you for those unfamiliar. Why don't you introduce what is why did he. And what compelled you to start it. Sure so why did you or you'll games is laid to earn gaming guild. So it's a community of gamers that flavius different. Nfc based games similar to axiom. Senate the the give it self Think of a world of work yield exempt up. The guilt itself owns these assets that if we invest in and then we land out these assets to our blair community around the world so that they can play An ebay games and actually earn some money from them and some historical overview about how this category came to be okay so played. The earn is a pretty new phenomenon. I would say just start the last year of been in the blockchain gaming space since early two thousand eighteen and really experimenting long like what what really could be the use case of blockchain games so there have been a lot of discussion on how players having ju- ownership which means that if i haven't nfc. I really own it. There's interoperability but one of the use cases emerged last year is that you could use these. And if these to play a game and win some currency rewards. So these are these are in game rewards. That could be exchanged for For fiat money And that's helped me started the axiom affinity popular lice this Model and it started gaining traction here in my home country. The philippines last year during the early part of a lapdog when people in their royal philippines started Discovered acting started laying as a way to earn money while they were laid off stuck on It's clearly no knowing dumb and it really just up there
"blockchain" Discussed on The Blockchain Show
"Huge opportunity is and i'll give you an example and I used to spend a lot of my time in the united states and and So so i'm you know oddly familiar. I'm look that goes on there as well. So just you know i live. I live in the toronto area. But i was in the us but When you when you think about the biggest issue that is facing governance today It travel it isn't it isn't overreach or oversight. It isn't Other issues. it's that the tourism industry from those countries have been decimated by the by by the recent pandemic and whether you're It's not a political situation again. It's just what's happening in. Part of the problem that exists today is that There is no one methodology or solution to ensure that that travelers our faith and they are doing the things they're supposed to do or not doing other things and and so one of the the the the issues that. If you've been to an airport recently that you would see as many of the international domestic stick of the international kiosks that you would check in our down and and the reason they're down Is because you know. Every government seems to have a different policy on on covert whether it's testing vaccinations. And you know we just heard that Some countries have banned. Us travers without dr nations without certain you know Testing regimes or or and and canadians. Face the same thing and so when you think about it You know nobody wants to travel. Is they have to go somewhere and quarantine pretend to aid. You know you're tr could be over before you even got there and So at the end of the day one of the areas we believe that that governments are are looking at and we're actively involved is is in the travel industry. How do you get people back to a point. Where travel is it may never be as easy as it was and unfortunately after nine eleven it wasn't as easy as it was before. But how do you get people effectively traveling. How do you get people into a stadium. There's so many solutions that needs to be put in place before we reach out and figure out how to change government in iraq with like personal information and some of that is is being controlled by new legislation like the california consumer protection act. Which a number of other states are now. Adopting or in the eu gdp are in canada. The pita there's there's all kinds of legislation that supports individual rights and again. We can't always be sure that they're being maintained but we think travel is much bigger opportunity today on a governmental level and get tourism and travel back in the day before we tackle other areas of government. You know travel at something that I've just kind of put off like well. It's kind of sad. Because that's one of my favorite things to do on this planet and thinking about september the eleventh twenty years Such a such a tragedy such something that. I'll never forget the early when we're talking about governmental overreach. I think it in a lot of it started at least became more In our consciousness with the patriot act. And i think that came from good intentions like a lot of a lot of things that people are just trying to protect their interest or or themselves or or their Their people but You know we've seen plenty of times when You know doesn't work or it goes too far so it's crazy to see how in twenty years things have changed so much. I mean blockchain technology. Even really it was just kind of moore. You know it was murmured like there. Was people like the cypher punks. That were trying to solve a problem. I agreeing with you. You know if you look at the last you know. Twenty twenty three twenty four years. I mean the world is as changed dramatically. Whether it's nine eleven whether it's in the rise of the internet You know digital services online shopping You know i. I remember back in nineteen ninety nine when when we develop the technology to fourteen in putting credit cards and everybody kept telling me no one's ever shop online. I mean no one's gonna shop on no one could shaw and You know lo and behold. I think you know if it wasn't for online shopping. I think you know no one would have been able to do anything during the you know when there were locked down so try agree. And and but we're we've been faced with increased security over the years and and really at the end of the day. This is just a new challenge in human pollution. That we're going to have to deal with and again it can be. It can be a benefit and it can be a curse and we have to. We have to ensure that you know and especially this one of the few times in that. We've we've looked at decentralisation for for data because up to recently major corporations have managed all our data and and what they've done with it isn't always pleasant for us and And i was always been valuable for us. It's been valuable for them but You know it's it's really is at the end of the something to deal with. And if you've ever been done business in china then and you're really and i've had an opportunity to do that. You know you say to them. Well you know what we don't get access to data in north america and they go what the government doesn't give us. They're not our partners. We don't get access to everyone's data and have a lot of these. Chinese organizations have grown is a partner with the government and the government clogged with user information and lo and behold everybody benefits as collective. But that doesn't happen in north america so really at the end of the day That opens up the doors for a lot of Fraud and various activities and bad actor. So i think what we're not going the same route as as as as china all. That's not what i'm implying but we are doing is we're we're now instead of giving power to corporations and governments were giving Power back to people and and and you know it's going to be a difficult road in a in a in in one less challenged and traveled but at the end of the day. We're going to ensure that that myself yourself and others were weak. Control would others can see us and benefit from as a pen and today we can benefit from that and and your statement. Earlier are fundamental. Philosophy is that we believe the ownership of identity is a basic human rights. So 'cause that's my data. That's what makes me and that gives me value. So i should own control managing. Yeah i liked it a lot. Yeah that's that's a really good perspective. I think i needed to hear that. Because i know we're not under lockdown anymore but i still feel feel it. You know what i mean. There's a our access to information or at least for me is largely through the internet these days and you would think with the age of information we would be able to Kind of pick and choose. What we i guess. That's exactly what's happening. But there's so some social media will kind of funnel different information to you and It's just it's so strange scene. You know family members go in polar opposite directions over. differ different Political ideologies also healthcare Even just about cova. I feel like a just like a. i don't know a detached observer these days and and It's it's just. It's i don't know it's also kind of like Having a music streaming program kind of suggesting music to me. And i'd just i don't really listen to much music as i as i did when i was younger and i had friends recommending things which are trading music. I'm excited for for the future. And how avatars are going to play a part whether that's like augmented reality or You know how we access social media pay for things But i'm also kind of not not sure what that's gonna look like. I don't know if that makes sense. But it's just i feel like we're in a in a strange crossroads. That depend democ has kind of forced upon us this kind of the societal implications i mean at least in america fuels Have to have an avatar so people can can not you know it's like here. This is this is who i am. Yeah don't worry you don't have to like ask me twenty questions about who. I voted for or I dunno it just never used to be like that like it it. It just seems. I'm hesitant to go out in express myself of that. If that makes sense well major issues create in my opinion polarization. And we've seen it in the us and we A again you know. I i hesitate to talk about politics but we're seeing it in canada's well As we have a federal election underway but it yeah things have changed sensitivity a change People are are are much more open about their opinions but at the end of the day We kind of focus not on politics. But rather than i'm used the term a couple times during the conversation is social responsibility It it's you know. When i remember them in a long time ago Entering university in first day of lectures you know the professor says you look to your life. Look to your right when when you leave university. Neither one of those people be there right. So you know the the attrition rating university or college haitian is quite high so when when i met event when i looked to my left to my right are those people being socially responsible to me am i being socially responsible for them to Does this person or organisation deserve to have my data and if they do have data. How am i insured that they are going to keep it. What benefits am. I going to derive from that data and and so there are a lot of large questions to answer. And we're we're focusing on creating the tools to allow those large questions to be asked and answered so why we're not. We're not getting involved in the politics of those questions. We are trying to create the tool and the services that ensure that individuals and entities can play nice in the same sandbox and ultimately the individual entity can control that data. And if you wanna verifying you're welcome to verify me. But you're i'm not kidding. You my birthdate. I'm not giving you my address. It just this credential. That was issued by the government. Either the state provincial or national government. 'cause i am who i am a. You're you're part of an indication network. I'm part of an indication at work. And you know you're just gonna have to trust with that is true and that happens again it keep going back to the same example but that happens when you use your debit card or credit card at a gas station grocery store. Whatever you're using you know. They're not asking you to say to show you their driver's license and write down your information. They're asking you whether you have a card. And they're trusting because they're part of a network and you're part of the network they're trusting that that information is true and that trust is leading them to economic value economic. And and so. We're saying that you know Ensuring that people are who they say they are and that they have The proper identity access or qualification. To do what they say they're going to do is just as important as a financial transaction. Yeah that's usually important. and Thank you for bringing us back to the central idea. there I know there's people listening who really want to know about the technology and i'm curious. Is there a token involved. Or on the back end of things how is it providing this authentication through the blockchain and maybe just give us a brief overview of of how that works you know. I'm probably one of the least technology enabled people in our organization. I've only been in technology for thirty five years but at the end of the day. No we don't use a traditional token so it doesn't use any any cryptographic token So we're we're actually running on the Ibm hyper later in the war. So it is not and you have to do digital identity in our humble opinion inside of private blockchain blockchain because if you run them inside public blockchain for the most part you may have a bad actor the no we oughta individual identity and you have a bad actor on the no. You might be injecting identities into a system of authentication that aren't real so you really have to ensure that there is indication and really at the end of the day we use something called the trust triangle which is compliant with w3c Protocol were members of the Trust over ip foundation and they mentioned earlier good health castle. All these are setting up the the protocols this scheme is the layers that ensure that that all the ecosystems are are working within compliance level of of security and good practices using basic blockchain technology which allows the certificates to be developed and at the end of the day though certificates are to ensure through the the issue and the verifier that that the individual is who they say they are and i can get deeper and if you're if you're listening to having questions they can send along and we can provide additional details but some of the technology were also using proprietary and i'm trying to ensure that i don't cross the line because there is a lot of lot of Time effort and and resource that went into the development of the solution. Suppressive i really really value your Your time with us today. I wanna thank you. Yeah please tell people where they can go to learn more and You know how to how to download the you mentioned the app store. So i guess that the that takes care of that. If you have any other thoughts you leave with a. Please feel free. Sure so you thank you and thank you and you can go to You know liquid avatar technologies dot com or you can go to liquid avatar dot com to see some the aspects of the app and you can go to the two google play or the apple store and you can download the liquid avatar app and again just to remind everyone that Sometime in late september there will be a complete you. i knew exchange. You're very fortunate. We launched in february and We had a lot of great user feedback. We're doing a whole bunch of new features so You know it'll be a lot of fun. One backed out. And if you have more questions you can call it a contact form and we'll get back to you right away and and I don't have anything else to add other than it was a real pleasure.
"blockchain" Discussed on The Blockchain Show
"That's a kind of huge question but if there's anything in there you'd like to explore the advice that i told you how to kill you know that that was just just strikes but but The the way we've looked at it we we haven't looked at that side of the equation and the reason being is because You know sort of cryptographic Encryption has not been broken yet so it is going to be interesting when you start adding you know sort of that spooky factor to the table where we think a huge opportunity is and i'll give you an example and I used to spend a lot of my time in the united states and and So so i'm you know oddly familiar. I'm look that goes on there as well. So just you know i live. I live in the toronto area. But i was in the us but When you when you think about the biggest issue that is facing governance today It travel it isn't it isn't overreach or oversight. It isn't Other issues. it's that the tourism industry from those countries have been decimated by the by by the recent pandemic and whether you're It's not a political situation again. It's just what's happening in. Part of the problem that exists today is that There is no one methodology or solution to ensure that that travelers our faith and they are doing the things they're supposed to do or not doing other things and and so one of the the the the issues that. If you've been to an airport recently that you would see as many of the international domestic stick of the international kiosks that you would check in our down and and the reason they're down Is because you know. Every government seems to have a different policy on on covert whether it's testing vaccinations. And you know we just heard that Some countries have banned. Us travers without dr nations without certain you know Testing regimes or or and and canadians. Face the same thing and so when you think about it You know nobody wants to travel. Is they have to go somewhere and quarantine pretend to aid. You know you're tr could be over before you even got there and So at the end of the day one of the areas we believe that that governments are are looking at and we're actively involved is is in the travel industry. How do you get people back to a point. Where travel is it may never be as easy as it was and unfortunately after nine eleven it wasn't as easy as it was before. But how do you get people effectively traveling. How do you get people into a stadium. There's so many solutions that needs to be put in place before we reach out and figure out how to change government in iraq with like personal information and some of that is is being controlled by new legislation like the california consumer protection act. Which a number of other states are now. Adopting or in the eu gdp are in canada. The pita there's there's all kinds of legislation that supports individual rights and again. We can't always be sure that they're being maintained but we think travel is much bigger opportunity today on a governmental level and get tourism and travel back in the day before we tackle other areas of government. You know travel at something that I've just kind of put off like well. It's kind of sad. Because that's one of my favorite things to do on this planet and thinking about september the eleventh twenty years Such a such a tragedy such something that. I'll never forget the early when we're talking about governmental overreach. I think it in a lot of it started at least became more In our consciousness with the patriot act. And i think that came from good intentions like a lot of a lot of things that people are just trying to protect their interest or or themselves or or their Their people but You know we've seen plenty of times when You know doesn't work or it goes too far so it's crazy to see how in twenty years things have changed so much. I mean blockchain technology. Even really it was just kind of moore. You know it was murmured like there. Was people like the cypher punks. That were trying to solve a problem. I agreeing with you. You know if you look at the last you know. Twenty twenty three twenty four years. I.
"blockchain" Discussed on The Bad Crypto Podcast
"Okay. I understand. usually that'll do it. You know usually they'll get there. Yeah and we'll we'll have to jump in and empties later but it's Yeah this this whole and then then you throw in theory and for me. I didn't ever really conceive that. Could work fulltime and crypto at all. I i thought it was just a money thing. Then because you were a chippendales dancer right. That's how you manage you know all about paper money and having a but you know this. This whole premise of smart contracts and computation. Taking place on a blockchain. Just blew my mind. And that's when i realized. Wow there's there's so much you were just scratching the surface. An even people today are like us too late to get in and it's like it's not too late to get into the space in any capacity. Now this isn't. I'm not talking about investing. I'm talking about just learning getting involved working participating right and and investing two entirely different realm that i will not touch at all But what. I'll tell everybody is. This is the early days. Yeah very much so in. It reminds me of you know the beginning of the internet in the beginning of the web and everybody said this isn't gonna work. People aren't going to shop online. You know they're going to go to the library. They're gonna read books that are physical and of course we know how that that all ended. So you know you've gone onto found accompanied today to To bring about some solutions to some problems and so Without sunday too much like a commercial. Let's go ahead and just hit up on what is scale right now so scale i think one easy way i'll give you two ways to access what scales with skill so the skill network on one hand can make a theory and run faster. K can do that by adding more blockchain's around a theory. The other way to think about it a scale was actually if we need a world that can support billions of users. We need many any blockchain functioning. They can all talk to. each other. Scale is a blockchain network that doesn't run one blockchain at runs many many many boc chance and actually a limitless number of those blockchain's and one thing also does it connects to the ethereal network and the theory network actually helps support the scale network. There there are these intertwined entities and and and decentralized descent as networks effectively. And what it can do as it can help bring incredibly high speed transactions and fte's smart.
"blockchain" Discussed on The Blockchain Show
"You know to be able to control their data their privacy Having secure digital identity you know obviously monetization is very important. You know the difference between traditional finance to these more digital finances. it's it just. It seems so much easier and I wish more people would would realize how how great of an opportunity it is right. Now how do you communicate that to people because a lot of people are still kind of in these old legacy systems you know. People are still going to banks to get loans for cars or You know boats are you name it What do you think it's gonna take for for the public. You know the the masses of people to adopt this new. I guess it's not exactly new anymore but for some people it is What do you think it's going to take for for mass adoption to happen. I think plausible a computer traditional on his way. It is definitely a much better solutions. Always for people to use. So i guess you know. There's only one steamed weekend barbie communicating with these people about. You know what was your answering the amok. You're not here for gani. The short term profit. So you know if you if only want to be a shuten trader and kononov wants to do that and that's the purpose entered the market. That is totally wrong. So guys gifts seeing have very long term entered girl so it should be something to consider as duncan stat off short term. Kind of You know kind of ways for you to kenny. If if thinking that this short term you don't i the of state game order kissed. You don't want to lock until you just wanted to be a short country. You may maybe stink about. You can generate a. I don't know maybe two hundred fifty five hundred acting like a two or three miles but it's just like it. It could happen but in most consent as you. You're going to cut up. You're not going to achieve that closets. It's it's not just reasonable right so if you become You're planning to do. It is much longer. Tommy believe is have a trencher. You permanent winning true participating in different programs in the mountains but being the because come staking your call. Then that actually in the long run while you're cocktail old bowl Retuns over annual returns or whatever is actually much more than you do short trading. That's the most contentious saugus you know once we we want to communicate whereas with the people who are new to the You know If you just you know here will for the short term propaganda. i mean. i don't suggest you be here. 'cause you you what people rates But if you don't him us. I guess you know for most revised perfect. So that's that's there. Mostly more than what i what i what i think. You know i'm going to communicate with them batch in asia Stand by the end. Yeah i think people should Definitely consider that it's kind of interesting to see Crypto currencies in the news and Sort of the hype around it in some of the news cycles and You know people come and people go but the people who are in it for the long term. I think that You know it's it's really exciting. This is a great time in history. Yeah that's that's that's most of my questions there that i had for you. I i did want to give you the opportunity to Maybe give us some of your thoughts about you. Know just overall the blockchain space the crypto market..
"blockchain" Discussed on The Blockchain Show
"A great Mukalla like a star like hydrogen abusing building without and as alastair i state in the future. I don't know maybe to fall to our next year to poke it up. Their offense stalled the Deploy a winnipeg deploying the product on top of the podium walk then we can see the ecosystem vanished probably You know frontier. I guess you know taught a tornado at twenty twenty will be a demise stone full for but i don. We can't be really people can use that and You easter use the protocol understand walk pretty produce and we will see a very interesting happening. Unapplied district at a time and a continuing flooding Disk disk this ecosystem and we. We are trying to just be a long-term holder in order for for this ecosystem. Now that's excellent. I love how it's global. I mean i guess a lot of a lot of blockchain i it can be accessed by pretty much anyone with with internet but Yeah so i wanted to talk about the crypto fund You know a lot of people are familiar with bitcoin theory. Obviously if an investor wanted to maybe focused more on some emerging crypto currencies. Would they be able to you. Know say select certain cryptos would you. Would you spread out there. Investment over all of the cryptos that you support it has served river group. Christian ma Is you know it depends on the The capital managed the size of catholic. Amanda you can choose different clip to to to advocate. That's my suggestion basically You know if you're managing a billion dollar on a second mortgage dan. You have limited twice. You can only select our top hunting tokens to buy otherwise you go buy some quiet read. Like a eighty two hundred. You'll have enough credit for that. So i guess you know this is you know so that. That's an ascending. Yesterday is there. You know what jazz is there. the retain master. Don't necessary to have the same position as myself. So i guess that's that's my suggestion for example if you do want to advocate a more than cameron artis into into the world. What acid jazz is you either. Bitcoin on easter in easter. And if you don't if you want to take more than likely all you can take more risk. I suggest.
The Future of Governance and Collaboration Insights
"Month's you authored a white paper entitled discussing the future of governance and collaboration what led you to writing this white paper. I was super excited to do this. White paper because we've been working on this at art three for a long time And i think part of that was that are three began. As a banking consortium and so what that meant was a lot of our consultations when when we were working with companies that were building on technology was about. How do you manage a consortium Because we did have that background and over time we noticed that when projects go wrong. It's often not because of the technology which is kind of weird right because the technology is something brand new. It's kind of complicated When you're just starting out with it But often they go wrong because the decision making process doesn't work or something happens with governance So so this paper was really an effort to kind of set out the different examples where governments has worked and all of the different choices. You can make to to kind of demystify what's happening. There's not one specific governance structure that works for everybody. But it's it's kind of this matrix of of decisions that you can make and so we just sat out in the paper the policies you need to think about You know what what is. Governance will what. What should you be questioning as you're building the technology and so that's that's really the reason that we this paper. This is great. Because you know. I've done over one hundred sixty podcast enterprise blockchain's on uninjured fox. And as you said it's very rarely have one. Podcast has said while the main problem is that technology aid always boils down to the governance. And that's why. I'm so excited to be recording. This podcast with you. But let's kick things off with defining. Actually what is governance will governance refers to the processes and the rules that determine how a system makes decisions as it evolves so it it's this really it's disability to evolve. That's the core capability that a sustainable business network is going to need to last day and into the future
Understanding Bitcoin and Blockchains With Nic Carter
"Bitcoin right. Now is very interesting. Place you i was telling my brothers. Were like the voice of reason throughout all of the es g mining china ban of mining premium. Anytime that somebody in the mainstream media said something stupid it was like i gotta go right another rebuttal and you're just cranking them out. How do you evaluate where we are right. Now with mining specifically honestly. I think we're in an extremely good place okay. As far as money is concerned a lot of people were upset with. Musk myself included for what he had to say about. Bitcoin mining but for better for worse his comments catalyzed reaction among the mining community specifically in bitcoin. And we've seen this enormous reaction to create nonprofits associations just groups of individuals that are engaging in disclosure regarding what kind of energy they're using. We've also seen the shock. Which was the chinese hash rate migration. We couldn't plan for that. But that just so happen to have enormously positive effects for the mining space and i think the in the space of year bitcoin mining industry has gone from this completely opaque sort of unaccountable largely chinese industry mind with significant amounts of coal to almost a you know a strongly north american american industry. I mean not not exclusively but by the end of the. I wouldn't be surprised to see fifty percent hash rate in the us or canada. That wouldn't shock me at all right now. It's probably forty percent and hash. Rate is much more transparent about its operations not only that these miners increasingly publicly traded. We're seeing new listings all the time. We're seeing spikes. Ipo's all the time for these miners. The has made it clear they consider yes g. to be an important part of us capital markets again for better for worse the miners responding to that. And they're seeking out these renewable sources of
"blockchain" Discussed on The Main Column
"Supply chain in distributed ledger technology of gained widespread media attention in recent years with much of the spotlight fall in on bitcoin. And other crypto currencies. Sectors beyond the crypto bubbler. Now recognizing the potential for positive disruption to traditional ways of working investment in blockchain technology within the energy sector is predicted to exceed five point. Eight billion dollars by two thousand twenty five to secure returns on their investments in this technology blockchain developers are seeking to monopolize their technology using patent-pending systems around the world however patent statistics show that blockchain developers are narrowly focused on fighting for a stake in limited territories which presents a window of opportunity for industries such as oil and gas that operate beyond those countries. Seeing the densest. Filing a blockchain patents. So this podcast explores the key concepts of blockchain the use case in evidence for blockchain technology in the oil and gas industry the current state and future of the blockchain patent landscape. And what this could mean for the sector so first off. What is blockchain blockchain at its. Core is a distributed digital ledger the digital ledger stores data while keeping an unalterable record of what data has been stored over time each block on the block chain stores. Its own respective data. The type of data will be specific to what the blockchain is being used for and could include the details of a transaction or a smart contract each block points to the previous blocked by keeping a record of the previous blocks ide- thereby forming the chain. Another block is added to the chain. Each time new data is generated so decentralisation now the blockchain systems has appeared appeared network that does not require central forty to dictate and manage the digital ledger instead. The digital ledger is distributed amongst the system participants who managed the blockchain between themselves to ensure that the participants are working with a common true digital ledger. the blockchain system operates on a consensus basis. This means that the true ledger will be the ledger. That at least half of the participants agree upon as such participants can add blocks to the digital ledger if it can be validated by the other participants. Therefore the blockchain system encourages trust and transparency between the parties involved without having to rely on a central authority immune ability and security so the various cryptographic techniques used in blockchain. Make it very.
Crypto Hacker Offered Reward After $600m Heist
"An anonymous hacker. Who stole more than six. Hundred million dollars in crypto currency has given essentially all of it back. The unusual heist is being called the biggest in industry history. Decentralized finance platform polly network tweeted about it. Thursday reuters reported friday that the company thinks the hacker and asked for his continued contributions to industry security. The money has been deposited to an account that requires both the company and the hacker to manage jointly according to blockchain forensic sperm chain analysis. Holly network offered the hacker a five hundred thousand dollar reward. But he's hearted down.
Bitcoin and Bidens Infrastructure Bill
"So. When i hear infrastructure i think of roads and schools but biden has made the argument that tees investing in human infrastructure so that might include childcare paid leave. Maybe free community college but cryptocurrency. How does bitcoin tie into all this and definitely a strange thing to include in an infrastructure bill for sure But when you're trying to pass a big bipartisan trillion dollar bill paying for so much stuff in the country. There's a lot of people who are asking. Well how are you going to pay for it right. And that was one of the reasons why cryptocurrency was included. These new tax reporting requirements would raise an estimated twenty billion dollars according to some of the senators to offset some of these infrastructure costs. Twenty eight billion dollars is not a small amount of money and it is a very pricey bill but what was it about the original language in the bill that raised alarms right so it wasn't the fact that there'd be heightened tax reporting requirements. It wasn't really. You know the total essence at the bill that it was a definition of the word roker and the way that it was worded was a little too vague for some senators. Especially senator ron wyden. Who feared that. This of broker would end up extending these cumbersome packs reporting requirements to while developers and also cryptocurrency miners. And why does the crypto community argue that developers and minors should be exempt from reporting requirements. Well they're not really making any transactions right there mining cryptocurrency themselves. They're you know creating the wallet. Infrastructure for these transactions that. Take place but it's not necessarily a transaction and of itself right. We heard lawmakers making that argument on the senate floor this week. The underlying text of this bill would impose this kind of transaction reporting requirement on crypto transaction validates. These are the people that are building out the blockchain by validating a transaction they would be obligated to report things like a name and attacks. Id number associated with the dollar amount. They don't have that information
Blame Joe Biden for the Rapid Rise in Inflation
"I really don't know wear inflation's going to be but brian is going to now. Brian what what we do ask that. I think we shot ourselves in the american foot collectively you. It is amazing. I i literally did not expect to see this for months and the the the games. I'm sure you've already talked about it. the games in Washington dc. i'm. I'm like in shock trying to catch up with nobody knows what's in this thing But the the games that are playing you know we thought that if they got the trillion they wouldn't go so fast for three and a half. that's yep but they took they said give us another trillion and they did. They took it. What's going to happen to the economy. Taxes are going up on everyone a lot and don't believe this millionaire's only crap. That's not true. The grill deals in there. S ones in there. It's a nightmare. Yeah so if you go back and his you know people are saying is this. Lbj lyndon johnson is. This fdr That you know is that the new deal is the great society you know. This is the build back better. Great reset plan And if we kind of look back in history you know. I'm not trying to be. I'm not trying to say this are be happy. Talk here but but we were able eventually able to absorb those increases in government spending. We we were now the seventies we had lots of inflation. We had lots more unemployment. We went through a lot of pain but then once we got to reagan and and he's been into clinton things got a lot better so today if you kind of think about the cloud blockchain five g. rolling out sixty probably after that the starling satellite system going up the new biotech inventions. I mean we have were very productive immensely wealthy country
What's Really Behind SEC Chairman Gary Gensler's Crypto Speech
"What's going on guys. It is wednesday august fourth and today we are picking up where we left off yesterday and asking. What's really behind. sec. Chair gary crypto speech. So on yesterday's show. I gave the full debrief about the state of the infrastructure. Bill for those playing. Catch up the eleventh hour last week. A provision was put into the five hundred fifty billion dollar infrastructure bill that would change tax reporting requirements around crypto the authors claim that it would generate twenty eight billion dollars in unpaid crypto taxes and the mechanism for that was changing the definition of broker to include effectively. Anyone involved in facilitating crypto transactions. The problem is that while custodial facilitation is what actual brokers do and traditional financial systems in blockchain systems many actors including minors validates etc could be considered facilitators. Especially when you remove as this definition did the custodial requirement and that's the problem these actors are non-custodial and don't even have access to the information. This new definition of broker would require them to collect and share with the irs meaning if this new broker definition were applied ipso facto most actors in crypto ecosystems would be operating illegally so the crypto industry went to work on this yesterday show was largely about how seemingly effective the nascent crypto lobby has been and how we're seeing allies on both sides of the aisle lineup to change the language in this bill. We made a little progress in the bills. Specific language over the weekend but are now trying to get the rest of the way there via amendment as this happens the designer of the provisions. Ohio's rob portman keep saying that it's totally not about minors. Invalid eaters wallet developers and that we should all effectively chill out because of course it's not for them opponents of the provisions. Keep saying cool than just say that. In the bill not just in tweets and speeches in fact he again defended in tweets yesterday calling it a common sense provisions and not really addressing this specific criticism at all.
Are Amazon Rumors Behind Bitcoins Biggest Surge in Months?
"Bitcoin had an absolutely ripping weekend moving from the thirty two thousand. We saw entering the weekend all the way up to thirty nine thousand as i record. It's off just a little from that at around. Thirty eight thousand five hundred or so but still up about twelve percent in the last twenty four hours basically everything. Besides bitcoin is up as well. So the question of today's show is of course what's behind the surge now usually price action. I don't think would be worth an entire show. However in today's context i think it is for a couple reasons. I is that it actually reveals at least says a lot about some of the ways that different forces interact with one another to create price action and crypto markets that i think is a good reminder especially as we get locked into one narrative explanation or another. The second reason is that it's been kind of bleak for a little while so let us enjoy our one day of face ripping volatility the upside discussion. Okay all right so four possible answers. I've seen on crypto twitter about why bitcoin is having its biggest surge in a couple of months. The four possible answers. I've seen are an amazon by rumor. A teenage soothsayer astrology in a short squeeze. So let's go through these amazon by rumor. This is sort of a weird combination of a real thing and a rumor. The real thing happened at the end of last week amazon posted. A job listing on its job site for a digital currency and blockchain product lead quote ua leverage your domain expertise in blockchain distributed ledger central bank digital currencies in crypto currency to develop the case for the capabilities which should be developed dr overall vision and product strategy and gain leadership by an investment for new capabilities. An amazon spokesperson also followed up with coin. Desk saying quote we're inspired by the innovation happening in the crypto currency space. And are exploring what this could look like on amazon. We believe the future will be built on new technologies that enable modern fast and inexpensive payments and hope to bring that future to amazon customers as soon as possible
Empowering Individuals Consent Using NFTs and Blockchain Insights From Acoer
"Jim thank you for joining us today. Could you please give a brief introduction to yourself our listeners. We haven't heard our first podcast. I won't eat hurry. Thank you for having me back. I appreciate your kindness. And obviously in perhaps and in retrospect foolishness bag but as you know i'm passionate by work that we do and i think is also important so happy to be back in and just talk to you by some new ideas that we have as you mentioned the core and Basically where a product development company. I really our vision. And our work is all about building useful usable. Real time technologies that can be used largely healthcare space. We have some clients matter spaces as well but but really focus on healthcare as you may remember was Formerly chief software architect centers for disease control in alaska. A number of years particular last couple years coed unfortunately being such a big issue for all of us globally. I've been heavily involved in building technologies around. They just help out. Forms and supporting specifically kind of covert response with over last year so with mayo clinic and somewhere public health so very much in this bays but but really kind of our vision. I think it is no way soon to be more efficient to more effective in i. It's just shameful to me that in the us we are so Wasteful you know when it comes to healthcare where we spent an enormous amount of money united society almost twenty percent of our gross domestic product. It goes to healthcare yet. You know we're at the bottom of the rankings. When it comes to effectiveness the bottle rankings when it comes to expense Medicine
"blockchain" Discussed on The Blockchain Show
"Ideas. You have to have somebody that especially if you're a corporate treasury were large financial institution. I can't have all my money in something. That goes up. Seventy eighty percent a month and crashed. His eighty percent is just too much risk. But i'll like saying before like right now because interest rates are incredibly low. It's very hard to find. High yield investment products. That aren't super super risky. And so our ability to take advantage of some of the market dynamics and trade spot against future is a very known and well-known trade in the futures markets taking advantage of tango. And so just applying that to the crypto world and offering something that you can get in and out of pretty quickly. That's gonna make you a whole lot more than you'd make from you know. Interest in a bank account or any kind of corporate bond is the idea yes Been well received so far. Excellent man. It's not really something that i can take advantage of. I would like to get to the point where i would be able to use your services but when we talk about investment advisors or you know high net worth individuals or families offices some of these larger corporate interests The parallel reminds me. We were talking about the global State of financing crypto currency. How complicated it can get. It's like it's almost you know it's a cliche but like more money more problems. He gets the point where you need some of these services. And that's why i wanted to have you on because i know we have people listening. Who are in the situation where you know if they get involved. They're going to need a service like to prime so You know there's there's things that like people living paycheck to paycheck. They're not really. They have their own problems. They don't really but someone who who does have access to to like you. Know maybe like generational wealth or something like that and they want to pass down to their family and you know. There's there's a lot of things to consider like taxes regulation..
"blockchain" Discussed on The Blockchain Show
"Products but applying those into crypto assets instead of public equities or real estate or. Something people are more familiar with. I've done stuff throughout my thirty three years on earth but I got into crypto in two thousand twelve edges. Come back from living in the peace corps in panama where there is no phone service very limited internet service. No electricity where i lived and was very interested in ways to figure out how to do remittances. inexpensively to some of the people that i lived with the jungle and so i Learned about originally learn about ripple and the kind of ripple network of lower costs international remittances. And they were allowing you to use bitcoin to send money internationally. Thought that might be a solution. The people i lived with indigenous tribe in have bank accounts. They didn't have anything and so kind of started learning about it through that. And then when i was in grad school i worked for venture capital fund. That was very early in this space. And they kind of had me do odd jobs when as almost Pity just to give me some work to do. And that had to do with bitcoin mining investing in evaluating early bitcoin and crypto companies. Back in two thousand thirteen two thousand fourteen and then as the market started becoming more popular learned just a bit of experience when everybody else kind of was just trying to get into the space and so is able to do stuff for the gates nation in the world economic form and eventually start my broker dealer. That was focused on raising money. For a blockchain related companies raising equity investment mostly for blockchain companies in the space and then some investors and i in that company Spinoff created prime. Which is been focused purely on the investment management. Part of the industry. Outside of that. I i much more than just a crypto investor. But i I i like to run. And i meditate a law and hang out with my dog and girlfriend and Yeah out in colorado in the mountains and try to try to stay balanced and industry. That's all over the place. Sometimes this definitely important. That's good to hear. Because i think that you know. Sometimes it's a little easy to get addicted to screens Especially like with crypto. A lot of times i catch myself staring at prices which is a terrible habit. But it's kind of fun to be honest to to see where things are going to read about it. But i'm glad we have. A team of nicholas dot can spend time staring at screens all day. So i don't have to worry too much about the the day-to-day price can live a normal human life. But i think addicting is definitely the right word it can be very Consuming and kind of your whole self worth and then feelings of serenity or peace or value can really fluctuate on a with the volatility of bitcoin. If you get too wrapped up in it right yeah. And that's that's something that i try to keep in mind. I mean i'm sure like you know back when you first got into bitcoin. That probably temptation was there more..
Companies Recruit for Talent on the Autism Spectrum
"Works. Employees can wear noise, canceling headphones and take breaks in a quiet room or lights are dim. To reduce sensory overload, Friedman says. The most important accommodation companies can make it to change the way they interview applicants on the spectrum. For a person with autism, The 1st 15 or 30. Seconds of an interaction are by far their worst. They're high anxiety about meeting a new person trying to interpret interpersonal queues trying to plan out a conversation to have with that person and those 1st 15 seconds. That's when The other person, a job interview or say, is making their first and lasting impression about exactly hiring managers aren't taking the time to go past that 1st 30 seconds and understand the skills, the talents and the capabilities that exist within those individuals. There are complexities that are inherently inside. These very large data sets at the global accounting firm Ernst and Young. They've scrapped the traditional interview process for applicants with autism. They've replaced it with a series of problem solving challenges. And so if I can ask you all to come up testing, aptitude, creativity and teamwork, I think for this offer people like you know, in a demonstration last year in Chicago before the pandemic required, they work from home. Four current Ernst and Young employees on the autism spectrum were given millions of lines of data to quickly analyze and explain how they presented to a client. If we find that there are areas we can loop back over to this step Ernst and Young has used this technique to hire dozens of employees with autism who work around the world and feels like artificial intelligence, Blockchain technology and cyber security. Is this about corporate responsibility, doing the right thing being altruistic? Make no mistake about it. This is absolutely a business imperative, and it makes great sense from a business perspective. Kelly Greer, Ernst and Young's US chairwoman, says the employees they've hired have saved the company millions of dollars by looking at problems in a different way. And creating algorithms to shortcut and automate processes. That is
How NFTs Will Affect Limited Edition Prints
"I'm a photographer. And i decided you know what i want to create a limited edition of nine cinema graphs that i want to release says in if i to be i want them to have value. And i'm not going to create them anymore so i want that level of exclusivity associated with them in today's world. Paint the picture of how that would happen in today's world and then how it will happen. Let's go out on a limb and say in thi is a foregone conclusion and say this is how will happen in the next couple of years being able to limit those editions. How would that work rent will be before before. Answer this remember the internet about twenty years ago a most people would use sudanese. They will use fake names to run things around the internet and data fell normal and using real names felt a look normal itself. Like why would you use your real name on the internet where everybody's a stranger but eventually became in these shows trusts so you trust people who have verified checkmark you trust people who have their real name their reputation of the density attached to their online persona and so thinking of the same thing. If you're making print a limited edition print and selling in your local market you're attaching reputation. People know that you know you will not print another same limited edition of prints a week later to sell it suspected audience because your trust is eroded in you are. We'll be shamed for doing so. What the blockchain label is that they bring all trust in the trust the society so basically you can trust mechanism because it's immutable It's impossible to change. And so once you touch a reputation your wallet or your identity to the blockchain of meeting. Everybody anywhere in the world can see at any point in time. What exactly have you done with those contracts Whether you sold them to yourself for example in like old history and where it's going and whether you printed or like minted another part of lives in peace so that is something that is unique because before if you made prince and decided to sell them in the different town. It's likely that nobody will be able to catch
"blockchain" Discussed on The Blockchain Show
"And it's a great way for someone Just familiarize themselves and get exposure to the ecosystem exposure to the types of projects in the space from a developer's perspective on. I think that the team has done a really great job with building out that platform and they've actually recently launched their own token as well So it's cool to see that stakeholder model built into the process of of their developer or system. So that's where i would recommend everyone checkout. It's their developer interested in getting involved. that's fantastic. i'll definitely put it in the show notes. We'll cooman. I got one more question for you. We've already kind of talked about what about community and identity. How how are you for seeing nf nfc's to kind of facilitate that those two i think that community and identity actually kinda go hand in hand right. So with nf tease. You're taking your identity or things that you make or any arbitrary data that relates to you near putting into the blockchain. You're putting it on this ledger or others can kind of look at it. Interact with it on. And then the part where community forms is around taking that data and either gifting it or selling it or factionalising it initiating to any number of people right so putting your nfc on the blockchain. That's your sort of expression of identity that's signaling to everyone that this is me who i am. This is what the find me At least the me that could be associated with a three address and then community forms around giving ownership to that to that that piece of you and so they kind of go hand in hand right and so in a sense the nfc community has already engaged these values and we see our role as really just accelerating that accelerating the rate of energy production accelerating the rate of benefit ownership because in our view. It's not so much about the two point. Nine million or the sixty nine million dollars sales that happen while those are great in terms of expanding awareness..
"blockchain" Discussed on The Blockchain Show
"But he still managed to a tweet and the reason that we are able to do that is because we the company were able to fund the costs not only for him but for thousands of other tweets that have been created through our platform because of the low cross infrastructure that ultimately finals down to the efficiency of the infrastructure And so it's really inspiring to see these ecosystems kinda like kicked flight and i'm also hopeful about syrian and their transitioned. Stake obviously is very complicated. Rube goldberg machine. That is also an airplane. Flying in the sky being upgraded on those a little bit. Different of a bee's. And i think for the developer's perspective it's all about what works today now in kind of can be reliably predictably working in the next six to twelve months and so for that we identified and it's been great Working with them so far but long-term we are excited to see how the proof of stake out works for him. And the transition damore greener Network security process right. Yeah because our generation is kind of in between modes of energy over the past century there was like current wars energy wars. I mean for while you can even buy ethanol gas because the oil industry saw it as a threat but now we're starting to see more and more of those stations popping up and a little bit too late but electric cars driving around. They they can. They can utilize sunlight from solar panels. They don't have to necessarily tie into the grid and use fossil fuels. I know each each part of the world is you know. Region is different about how they generate electricity but even just reducing that down further polygon and some of these other methods is. It's pretty ingenious just to kind of help us get to where we need to be yeah. Bitcoin is definitely very controversial in that it requires a huge amount of this exogenous resources electricity to come in. You know the proponents will say that. It incentivizes Cheap electricity discovery and pricing and production. Which i'm i'm sympathetic. To that argument right like let's race toward green energy but at the same time you see the successive proof of stake models where there is no exogenous component. It's more that you know you stake the asset of the of the platform that that you are integrated with and transacting on that model. Seems to have been proven out at this point in his really gaining traction and so it really does start to cast questions about bitcoins. Intense energy consumption. I'm personally sort of Undecided on the whole thing. I'm more of an observer and i vote if you will with the choice of platform that we use because You know in the in the moment of indecision. I guess it's best to kind of go with the safe route. And so we've chosen to with the safe route which is a theme and then by extension polycom for our transactions. Yeah i totally get it. I'm a big fan of those two and Following it with great interest as we await a therion two point. Oh it's It's funny analogy working on an airplane. While it's traveling it's i can only imagine the complexity the great minds. Yeah i mean what. I think like for the young kids listening. Who are interested in getting involved with with Developing what a huge almost unlimited area to get into absolutely and. I think if someone is interested in getting involved i think the best place that i would recommend is checkout get coin on so many companies included have engaged with bounties on bitcoin..
"blockchain" Discussed on The Blockchain Show
"That kind of like with my kids My wife and i have these books like scrapbook. Things where we write down memories and glue and pictures of kind of moments of their lives before they can really remember so that when they when they get older and you know if anything were to happen to me they can. They can go back through this book and kind of like de caught up and it just makes me wonder in the future if if people can do that as an tease share like you said tickets in this. Maybe it could be like. I don't know maybe humanities backup memory in a way absolutely i mean you know as lease fulfil this vision of the metaverse which is a place that you can live work and play virtually natively like not even backup in some cases maybe primary. This is where it gets really interesting. Kind of converging into this transient minutes future where our physical selves are extended by this this digital component. Right You can imagine a our environment that you walk around in and there's an overlay in the physical world of these digital artifacts in digital items. That may be you've put down. Are your friends. Have or someone that you've allowed to enter into this virtual space on and so i think it is very possible that the systems that are being put in place today while very early are intended to last very long and serve those purposes. Like you're saying whether it's archiving scrapbook So you can look at it whenever you want in whatever context you want or even building up career and having things like accreditation of the work that you've done or the output that you've produced as you're sort of ticket into your next job i these other types of applications that are really gonna start to change people's lives on in more foundational ways like disrupting things like higher education and And sort of more foundational parts of society and to me. That's where like the the really zoomed out view of where the space is going really gets me excited because that's all about digital identity right who you are as a person. What your references are what you've done on. And the ability to control that ultimately is the most important thing that all of these web to companies have neglected today and even though directionally there's intent to kind of course correct and turn their data as a liability into data as empowerment They're falling way. Short compared to the pace is that blockchain is making a and the decentralized community is making absolutely wow you know speaking of tweets that have been impactful We remember elon. Musk tweeting about the environmental impact of bitcoin. And some people believe that had a a bit to do with with last month's Kind of downtick in in the price of Some of the popular cryptocurrencies. It's definitely been a conversation. That's been coming up over the years about how how much energy it takes to to mine. Bitcoin and some of the other coins. I was reading something about sense. Leveraging technology was with polygon to kind of reduce. Yes he may be may tell us about that. Yeah so we.
"blockchain" Discussed on The Blockchain Show
"Sarah i know. I know you don't have balls but you know people who do know. I like paul stories. Tummy ball story. Well imagine shaving with a sleek well-designed and optimize trimmer can't makes shaving time. Your favorite time in the bath. It's true you may laugh. But i've used it. Some people have their thing. I'm not embarrassed to say that. I am one of the first people to try the new four point. Oh the lawnmower that is and blown away by the performance. The craftsmanship and details on the four point. Oh our next level. So i've told you this story before but remember that read grooming tool from a local. Yes pharmacy It was the kind that plugged the wall. He already scary. I cut myself pretty bad with that. Oh god my nut sack. Blood came spilling out. Not blood you never want to see the nut. Blood never now. There's there's a lot of important things going on down there. Family jewels are in there. So didn't Do any below the waist trimming since then and that's been several years until i i probably was until manscaping sent me there Lawnmower and level. Yeah don't have to worry about cutting my ball sack open anymore. It really is cool. It's a great product and they have really good soaps and could smells. I'm going to be honest. I am not a big fan of colognes perfumes and stuff in fact. I'm quite sensitive to it and sometimes it i could smell it's toxic. I like this nowadays. It smells like a man from world war two or something like that. Yeah manley's now if you like the technology they've got All sorts of fun. Fun things like wireless charging the four thousand k. Led spotlight other methods are available such as they have razors and There's a lot to buy on their side. They've got really soft boxers. It's hard for me to find boxers. I like but there's very soft odd. They've got shirts like we mentioned the cologne kit. Greening kit cubans very nice. Yeah they're good on presentation. They are so man if you've been shaving with the same nut trimmer on your face. You've been doing it wrong. Yeah stop doing that. Nobody wants to end up with pukes on their mouth. But i'm more concerned about the different types of many here with your face. Anyways take advantage of this limited time offer. Twenty percent off and free shipping with the code blockchain at manscaping dot com. And your balls will thank you..
"blockchain" Discussed on The Blockchain Show
"Welcome back it's blockchain show episode two hundred and two. It's my pleasure to welcome back jack. Ofman jack welcome back to the podcast. My pleasure your projects. Probably one of my favorite. Although i mean just like trying to explain blockchain to a friend or a relative i sometimes struggled trying to explain minds to people Because you guys have. Unfortunately some strange labels that the mainstream media and and Traditional social media attached you. That i don't think are necessarily fair or accurate but maybe if you would mind real quickly in case anyone missed our last episodes had he's yeah so mine's is social network You know on face. It's a lot like twitter or facebook. Terms james what you can do But you know under the surface in terms of Our principles where. We're pretty much doing everything. The opposite of those guys were really focused. Mainly on user privacy. Making sure that we're not just you know spying on everybody. And and selling data but One one really important pillar The other one is more free speech which gets into y you know we got that label that you mentioned from from a lot of the mainstream Our content policy is just based on the first amendment and basically if it's legal speech You know we're not gonna we're not gonna take it off our website and this is you know one of the main reasons. A lot of people have found us. But yeah as you mentioned about A big reason that you know we got you know smeared sometimes for some of the things people say Which you know our whole stick is that we're not really here to babysit our users. And we're not here to put you know our opinions onto other people's we're trying to be more of a neutral platform and that kind of where the decentralization and the botching. That's gonna because we're really trying to build the system so that we can almost remove ourselves from you know even being in a position to do anything to people's content and and whatnot. That kind of the second pillar is is free. Speech and third one is.
"blockchain" Discussed on The Blockchain Show
"Last few years would be would be more than enough to be able to offer bandwidth or even you could be doing it through a resume by you. Just run as simple docker image. Okay yes it's. It's not too dependent on like the computer's processor. It's more just the internet speed. Correct like you need a two core processor at least four games. A ideally four gigs of ram and twenty gigs. Or more of a solid state. Drive hard drive. Yeah okay. that's excellent man. Sorry this is dumb question but would somebody like me be able to set up a node and how does somebody get to the point where they can set up You know the other one that you mentioned where they're they're having. What was it like sixty. The top sixty five percent delegated valuers as an individual. You probably want experience in running evaluator node. you know. there's a lot of blockchain's that have know. Blockchain's have that so tassos or cosmos or a believed affinity as evaluator set so if if you're new running validated. That would be kind of like you. Want to dig deeper into what that entails and being able to Ensure ensure that you're maintaining your valdenor because people that are delegating tokens to you. You don't keep your body to up you can get your value slash and those individuals can get tokens that are lost so you wanna cut looking to validate or node. That's a little bit deeper dive into something you want to do. And it's it's a source of income. That's a huge opportunity for individuals that are building sticking sir staking as a service providers building out of valujet's but for ruining de vpn node you go to docs dot sentinel dot co and the details as far as how hosted node and how to run the darker image are a preform you. Despite all those processes to set up your note and posted to the central blockchain and then you start generating revenue. Yeah very impressed. So definitely it's important for people to do their research. You know this is. This is definitely something. I will look into if nothing else just to just to learn about. 'cause this is kind of like the modern man's way to invest and save. This is where it's at decentralized applications because bank accounts i mean the interest rates are are kind of laughable. The dollar is a lot of people. Afraid it's going to be subject to inflation. Who knows what's going to happen in the near future but if somebody has computers internet connection and the know how they can really kind of change there s situation which is something that i've always been kind of like i said earlier passionate about so i really appreciate you taking the time to explain some of the more technical aspects to me. I know i know the audience will enjoy it. Yeah absolutely. I completely agree. I think this is not paternity right. Where providing you know trying to provide information in educate people on ways that He can be more independent sovereign especially challenging most of my career spending the social service sector and really passionate about. How do we provide more equitable and like.
"blockchain" Discussed on The Blockchain Show
"Swab and providing access for everyone. I think it's pretty legit exchange. It's growing in. Its gaining a lot of popularity and then in less than a month's time Decentralized finance and all the defy applications are coming to the cosmos ecosystem as well and so. It's really exciting. One of the big applications is going to be the gravity. Jacks and the gravity is featuring some of the top protocols built on cosmos. sentinel is one of them. i think they're only be about twelve or so cosmos space blockchain's that will be available at the launch of gravity decks and sense not one of them and then there's also a automated. Marketmaking protocol called moses. It'll be launching. I believe in june as well. So there's a lot of exciting things happening as far as getting access through five and then one other way you get access right now is if you didn't wanna use essential exchange you can either on the old Erc twenty token. It's the n. t. token the sent token on swat. And then those tokens ear twenties and then Sentinel has built a swap tool swap central dot. Co and you can swap your ear. See twenty two gb. Pin net tokens as well. So i can either use the dax or sanchis exchange and then there's going to be more taxes coming on cosmos. Yeah this is an exciting time. You offer a it or would we. Would someone have to use like a like a api based wallet to to get involved with staking. Yes so exhibit. A company that leading we build a wallet store essential and so you can get that right on sentinel dot co on our website on downloads. Dad and you can also get it on get hub. So yeah we do have our own native wallet and then you can also use cosmos station which is kind of a best in class while it for cosmos space blockchain's and then another is the capital Which is also a top tier wallet for cosmos black bass chains and the capital looks and feels a lot like meta mask. It's a browser extension. That connects you know very seamlessly and you can use your ledger. And the same with a cosmos station. You can connect to it via your ledger..
"blockchain" Discussed on The Blockchain Show
"You're listening to the blockchain show. I'm your host ethan kinder- connect and the steps. Oh two hundred and one. Thank you very much for tuning in today. we have a special guest. I'm talking with dan. Leedle beck the co founder and ceo of city sentinels development arm. Dan welcome to the podcast. A ethan thanks rabbit and congrats on across the two hundred episodes as impressive. Thank you yeah. It's taking a little while almost five years so missed a few weeks along the way. But it's been a lot of fun i. I'm really grateful that you can be here. No that's impressive. And i think really. It's about staying consistent right and continuing to just ship. I think that's exact same perspective. We have an executive so kudos man. i guess just to begin. Maybe maybe tell us a little bit about yourself and your interest in the blockchain space in the in in how that came about yeah awesome. Thanks he is in well. I'm not as jeez you. I started getting interested in kind of felt on the blockchain rabbit hole in late. Twenty sixteen hours in a costa rica at the time my wife and i were serving in peace corps and we were on a small island in rural costa rica and there are times where really busy with work and there were times where like people were cancelled on our meetings. We had down days and we kind of expected that that would be the nature of the work. And so i also gave myself opportunities to do self development and i kind of started looking in a personal finance and looking into emerging tech and some of the pan blockchain from some red forums and from there definitely continue to go further and further down the rabbit hole. We're pretty much working in the crypto space since seventeen. Yeah that's excellent. it's pretty much like a never ending rabbit hole. I've come to discover so. I can totally relate there..