Blockchain: Massively Simplified | Richie Etwaru | TEDxMorristown 

Right, but then proper risk management doesn't guarantee profitable trading. If you want to acquire better trading results emphasize more on trading when liquidity is present. Nevertheless you need to be able to analyze good market entries and exitRight, but then proper risk management doesn't guarantee profitable trading. If you want to acquire better trading results emphasize more on trading when liquidity is present. Nevertheless you need to be able to analyze good market entries and exit

Losses are necessary, as long as they are associated with a technique to help you learn from them

​@@DavePatrick901Identifying good market entries and exit has been a very troubling for me. What does it take to analyze good market entries and exit like you mentioned???

Substantially it takes assistance from an expert to perceive good market entries, demand and supply zone. I don't even worry about market entries and exit since I trade with trading Expert. She runs the risk management and research while I get good earnings through her strategies

Risk management is one of the most, if not the most, principal component to always look out for

I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

Google " katefxfloretta " take classes to learn more about trade.

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Accurately spoken, this is the best thing I've heard in a while . You've got my point.

You've to understand crypto trading is not magic, the best way to make lucrative trades Is to work with a pro

@@quinnsarah6594 You're right man. Thought I learnt that the hard way

I lost over 15000 USD when I started trading before I finally heeded to advise and contacted an expert trades for me now

Something similar happened to me but I didn't lose money. I traded with nothing to show for it until I contacted a pro who trades for me and return profits.

Particularly Bitcoin seems to be particularly erratic at the moment, with some forecasting a crash and others a new all-time high. We'll have to wait and see how things turn out, but for the time being, I'm unable to sell, so I'm still holding

@Phil Stones Stop the panic mate... we are never close to the bottom, stop following the social media young investor, for those that sold in a panic{they can't eat their cake and still have it.} Bitcoin will gradually bounce back.Finding a seasoned certified financial advisor who can educate you on the ins and outs of the market is also advised if you're just getting started. I'm referring to individuals like "CHRISTINE BLAKE MCKALE" as I did.

​@Phil Stones you only lose when you sell , hold for the long term, the market is choppy due to the power struggle in the banking & politics sector , don't be shakened by it , we are all going through this but will come out on top in the end

Bingo

Richie Etwaru all good homie the only critique I really had is just learn to breathe every once in a while 😹 let the message sink in & then continue . At times it felt like I was being overloaded w information but overall it was a very good informative talk & I’m proud of u for pulling thru despite all those hiccups 🙌 I bless your hustle 🙏

Very Impressive :)

Thank you, I needed someone to simplify if for me. I understand it alot better now.

Thanks for the video, I had just left a comment about the sudden shouting but in the context of the above it makes more sense. Thanks for breaking it down. Good luck!

Excellent talk. Thanks for keeping it clear and simple. You're the best!

ditto

well said.

You are right, but it's hard to listen to a psycho Baptist preacher voice - even when the message is an interesting one. AND ALL MY PEOPLE SAYING HALLELUJAH!

@@sunsande What in "HEAVENS NAME" is your problem!? You are looking at an explanation in layman's terms about a WHOLE NEW PARADIGM OF LIVING for crying out loud! If THAT DOESN'T MAKE YOU GO: "HALLELUJAH!" YOU MIGHT AS WELL BE DEAD! Now...what I fear is and can see the logos of these "Block Chain Tech companies. Scary stuff." Pyramids. Triangle shapes...all occult symbolism. Ethereum has these shapes and a damn gargoyle looking figure in some of its trademarks. Wooo.

@@ddskimmer My problem is trying to hear a tech talk (nothing about new paradigm of living - just some new tech), but the speaker cries like religious guru and this is annoying. Your problem seems to be more serious - seeing me dead and triangle shapes, occult symbolism ... we are on very different waves man

Used the "trick" of suddenly raising his voice too many times.. but it was good.

@@maurozamprognojr7444 I noticed those volume intervals and I hated it...3 mins in, leave this comment and I'm gone.

I had FLASHBACKS to College, when they would TEACH YOU to change the VOLUME in your voice to GRASP the audience. All that was MISSING was large round NUMBERS. Edit: nvm, i just got to that part of the video.

Aha!

I totally agree with you, the Crypto market is the most profitable venture I ever invest in

I reached my goal of $500k yearly trade earnings.Setting realistic goals is an essential part of trading.,

most intelligent words I've heard,

Crypto is the new gold,

I'm a huge fan of crypto, I hold some few coins in my wallet.

Thanks for the note. Yes, I am "hoping" that this can inspire anyone/everyone to be a part of the blockchain venture rush - I believe, everyone has a shot to venture with this paradigm, where as with the internet and cloud only a few had a shot at a venture

Well said!!!

You're welcome. I am hoping that the over simplification makes it more accessible to everyone, so that anyone can be a part of this new paradigm! Lets give everyone a chance to be a part of the change!

Just imagine that the tangerine farmer's books are on blockchain ledger, his accountant business is a blockchain company and all the sales of regulated pesticides are recorded using the same technology. It's still possible that the farmer treated the tangerins with sth someone gifted to him, or that they got sprayed by mistake by his neighbour, but imho the trust gap would be filled well enough.

Guillaume Nani, not necessarily, It would be enough for the farmer to certify all his transactions with block-chain, but I see the room for tampering in that situation. In a nutshell: bigger the network, better the verifying capabilities. The need of privacy in monetary matters comes from lack of trust and even though it's not completely necessary for the system to work, we could benefit greatly from better financial transparency in many fields. At the same time it doesn't need to be total and unlimited. Just to clarify - the farmer doesn't put anything into the block-chain. The information is being added and distributed each time he makes a transaction, that needs to consistent with the other side and rest of the network.

I got quiet the opposite. If you’re listening w ear buds in the style is not compatible, the shouting to emphasize points is annoying and distracting.

J L you forgot to honour me with a thumb down.

It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path or at least tell me what I'm doing wrong?

If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key.

in a few months or no time people we definitely be kicking themselves regret for missing the opportunity to buy or invest in cryptocurrency.

If you want to be successful have the mindset of the rich spend less and invest more don't give up your dreams..

Investment is the quickest path to financial freedom, the rich stays rich by spending like the poor yet Investing while the poor stays poor by spending like the rich yet not investing

@okam praise It's a good thing to doubt, but hurt when you doubt the right thing

Doubt is an uncomfortable condition, but certainly it a ridiculous one. Lol

@@nancylynn6534 Crypt0 is the future, investing in it will be the wisest thing to do especially with the current rise.

Never doubt the power of crypto, it can do wonders

@@greggeorge6711 Stock is good but crypt0 is better..

...dude - HE WAS LOUD!!!

Then this is overly simplified 😂😅

Can u explain it here in some lines ?

@@satyajitsethy657 block chain is a digital ledger of information. It does not deal with banks or intermediary. Its like writing something down but on a block of information and its chained together.

Exactly my thoughts!!!

Such a good question!!! Like politics when it all began... in theory, it was/is for the benefit of the people, but in practice?

The trusted party signs the entry. Therefor saving the proof that it was the actual trusted party that made the entry.

@@patrikjansson1173 sorry but who can say that all the used chemicals will be registered in the blockchain, a "Tangerine farmer" may do things at night then what trusted party is there?

Well in case say you are the fifth or sixth person to get involved in a transaction, then 2nd and 4th person will act as a entity you can trust, provided your mind works in the following manner: You take your decisions considering the risk other persons have put into their and your joint Bussiness..

Bitcoin should be transparent and it isn't as easy as people thinks It is, there are so many strategies to be learnt and unfolded about Bitcoin trading

I agree with you man

How does this whole Bitcoin stuff work. I'm interested in it. And willing to invest heavily in it. But I need guidance so I don't loose out.

I'm new to trading and my presumption is that I'll be needing an expert to guild one through. But I'm a bit curlous about getting one

You don't need any one to teach you on how to invest your coins. You can make research on your own and start doing it yourself

@Hassan Ignatius You are right sir

speaking of investing, forex trading is the best business in the world right now i know a couple of of friends who make a lot of money weekly trading the financial markets

Most people don't invest due to ignorance.

People are scared of investing because of high rate of scammers on the market.

@@Thegavindees0 But of a truth they are scammers but real brokers are out there too waiting for investors.

Investing in these economic crisis will be one of the best thing to do

You're right I think Gold and Crypto are the best to invest right now☺️

Gold's are good but crypto is better

That won't bother you if you trade with a professional like Mrs hanna macko

She's obviously the best I invested 2000USD with her and in 9 days I made a profit of 9101USD

@Jennifer Donovan you're right ma'am

Bitcoin is really profitable when you invest with a professional broker

Most times having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say forex and crypto trading is one of the profitable money exchange services that elevate investors and their financial status.

@Jeey Lovezee You can say that again 😂

@Jeey Lovezee Her success stories is written all over the globe 🌍

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The "key" is actually a hash (a code in hexa-decimal number system). And a hash key (for any data) is calculated by advanced algorithms and it is universally unique for any given combination of characters including empty spaces. i.e. If u replaced/change as much as a single full-stop in a document; its hash will change not partially, but COMPLETELY. Consider it as a finger-print of a document. This is what he meant by "unhackable".

thank you! Let me know if I can help further

I've never stopped thanking my friend who introduced expert Nancy to me

Who is this Expert Nancy everyone is talking about and how do I contact her directly?

@micheal dollin Please how can I reach her?

Looking to starting up with $20k

Sure, thank you very much

@Randy Gibson You don't need to be shocked, cause am also a huge beneficiary of experts Elias Greyson.

he helped me recover what I lost trying to trade for myself.

Who's this professional everyone is talking about, I always see his name at top comments on every RU-vid video I watched.

I have been scammed severally and it really hurts

Intrested in investing again, but can this Elias Greyson fx be trusted?

Thanks for watching For more info, W a t - a p p + 1 3 3 1 2 3 2 3 2 6 4 🇱🇷 🇱🇷

The solution to this is the concept of a distributed ledger. Even if you could convince one person, you most likely can't convince 100 persons to alter information.

Thank you for the note. Lets help everyone be a part of the paradigm, not not only the privileged!

Bitcoin holds a value greater than any form of money ever invented/created.

Minimizing your loss and maximizing your gains is what's important in sustaining a business, long term.

To those who invested early in bitcoin and held on to it. I consider them visionaries... Rich and lucky too

Most interesting thing about bitcoin is that it represents a whole legion of adventures and entrepreneurs of risk takers, investors and problem solvers

Bitcoin is one of the most viral concepts I've ever encountered that's why an expert is recommended for trading to benefit investors around the world

I have heard alot about forex and bitcoin watched multiple video but always get confused 😕

It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.

I want to start too but i don't know how..

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.

That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts

Are you him?

Of course, I learned that form a comment below, good to know!

thank you for the comment. didnt know that

thanks mate. looking forward to connecting soon

"Trust me!" Not without a blockchain sir!

LOL - I cringed when I realized that I said that (as I watched the video for the first time) - its a lot to manage when giving the speeches, and these types of mistakes are kinda hard to completely avoid :-(

Actually, he did a terrific job explaining a very complex topic!

Doug Robinson thank you sir - it's an opening body of work - viewers should watch other videos after this one as well

Pete thank you for the note - let's start a revolution where everyone (or anyone) can participate!!!

hahahaha lol "thurd record"

To be sure. Its his Irish ancestry rising to the surface lol.

Thank you, lets make sure its simplified so that everyone can take advantage of it, not just the privileged!

I cringed

Well , if ppl lie, it doesn't seem to be a technology (Blockchain) problem, it is people's problem.

To the point of people lying when creating the ledger. Yes. But do consider their lie will be undeniable and easily traceable. Punish the company. Take away their privilege to offer that product or fine them or on another public business block chain mark that company as lying in the past for anyone who wants to check the books. On your point about correcting lies or errors after the fact. You can add a new link in the chain stating the facts and to ignore a previous chain. It'll still show and likely give someone pause and want to double check. But you can still label it as being fixed

Hi, this is a very good question ... I don't have great answer - but some decent thinking (I think, lol) - this is where millers equilibrium theory comes in, where the cost of a transaction (real our counterfeit) becomes so low or so high, commerce or crime can in some cases be "not worth doing" ... the return profits of faking instead of actually doing it can be low ... we can discuss further if you like.

Richie Etwaru copying an existing QR code isn't that difficult. This doesn't fit the Miller's theory. The cost to copy a QR code is far cheaper than converting your existing inorganic farm into organic farm. More over, the blockchain in supply chain confuses trust on immutable ledger to that of trust in people. The big assumption made here is that there is an inorganic tangerine supplier who was audited and found inorganic by an inspector who added the inorganic information to a centralised ledger. A shopper scanning the QR code now can't trust the information in the app, because well this inorganic supplier could have hacked the centralised ledger and modified the data (Miller's theory, very unlikely). And so having this in blockchain would be more trustable. But the probability of the supplier hacking the centralised ledger and changing it is far lower than him bribing the inspector and getting him to enter "organic" in the first place. Be it centralised or blockchain, if the inspector enters it as organic and signs it with his key... it won't matter if the information is in blockchain or centralised ledger... the trust level is zero.

Jiffy, Ganesh App & Guillaume Nani - The very idea of blockchain is that there is no inspector needed. How I see it is that the verification is done by cross referencing all the transactions regarding the farmer, all his suppliers and clients, his accountant and the national controlled substances database (obviously blockchained). Then the app on Your device calculates the probability of the tangerine being actually organic (or particular alergen free) based on all these publicly available data. That would create a strong incentive for the producers to be even more transparent, organic or non-organic only and to do theirs business with blockchain implemented partners. Copying the QR code gives nothing as you would instantly notice with the app that its not that brand, not that shop and not that expiration date ;)

Maciej Maciata so you are saying the farmers can't get chemicals without it being recorded on the blockchain? That they have no incentives to work with block chain supporting suppliers transparently, and on the side work with non-blockchain supporting suppliers to get chemicals with Fiat. Black market will exists. And we are also assuming that this can't be achieved with a centralized DB, because well the farmers will hire Russian hackers and modify records. But wouldn't it be easier for the farmer to modify the records before even putting them on the blockchain?

Ok, one thing at a time. I'm saying that ideally yes, every purchase should be recorded on a public ledger. Even still using cash You would need a hash key to make the purchase. In most countries pesticides sales (at least the dangerous ones) are already restricted and recorded by designated institutions. Implementing block-chain technology by these institutions would make theirs DB accessible and usable. The idea assumes that the farmer runs his business and keeps his books on a transparent block-chain, right? So finding money to buy smuggled pesticides on a black market would require some pretty creative accounting I recon, and in this case we are not talking about a sustainable model here. Not to mention millers equilibrium kicking in. This is achievable with centralized DB, but much less accessible/effective, more expensive and vulnerable to tampering and data corruption of any kind. I don't see how the farmer would be able to modify the record as the information about him emerges from all his transactions with his partners, transactions of his partners with theirs partners and so on. He would have to convince each partner to be able to record a false information to the chain, and if you're thinking 'how hard breaking the encryption can be?', just google "mining farm" ;) I understand and appreciate your approach, we shouldn't be over optimistic, we should think of and talk about all the worst case scenarios we can imagine. I'm not saying either that it's gonna be perfect or easy to implement but the technology is there and we should recognize it's advantages and capabilities.

Indeed

👌

Thank you, lets help spreading the word of the opportunity in front of us!