How the blockchain will radically transform the economy | Bettina Warburg 

I agree. I was struck by that as she said it.

Could you please explain this concept to me?

@@edonave for example I sell apples and you sell bananas and we both agreed that 1 apple = 0.34 banana. There's no way I'm getting 0.34 banana from you. This was why money was created in the first place as a medium of exchange.

@@tenniswithric woah! Very interesting, thank you so much!

Under the title of radically transforming the economy using something no one ever heard about.

headsets have earpieces someone is giving talking points almost like when they use TelePrompter!!! nothing special I've done it often. 🤣 Sincerely THE UNAPOLOGETIC $PORT COAT!

just dont say it, do it inside ur mind... u can practice it

Lol 14:06 there’s one umm

🤣🤣🤣🤣i had same your thought

Very true...she knows her subject and she indeed was very well prepared. She was very good.

Exactly

Most certainly. Going to be hard for a lot of people but humanity will be better for it.

Taking down the criminal banking system.

humans have never been so fast, the only worry is to be on the right direction

You have no idea how right you were.

Iii Don't know mate. The description barely even makes sense for what it is. Would make more sense to say 'certainty' not 'uncertainty' tbh. The whole idea is to assume that no one person is trustworthy. Not the other way around. Also has nothing to do with blockchain. Just some cryptos network. Becomes very confusing when words are thrown around half heartedly for marketing. I know this comment is old and all, mainly just sending this for those who come across it like myself.

Blockchain will be the code of the biblical Beast. Coming soon.

cilveti .. she is not beautiful, she looks like an old witch.

Don't worry, it's just PhD students, academics and hobbyists. The academics are selfishly motivated 'must publish papers' but harmless. Companies going for financial gain become middle men services, at the start some exploited it, but right now all that remains are struggling startups on the verge of failing. The more popular a blockchain, the more it grows, and they become freaking huge, so that's the first problem to deal with.

Fars mezan ok she's not "beautiful".....but "old witch"? That's going a little far isn't it? Have you seen the vast majority of white women (North and West European origin)? They generally look like old witches by the time they hit 35. Just look at Hollywood. I think this lady is doing quite well relatively. It's not like she's a professional model or actress.

If these have the potential to form a bubble then that's bad. Besides who's going to regulate this, the illuminati, globalists or George Soros ?

Growing an account requires dedication and Patience

@@harrisoncharlton1964 .Not everyone has the patience and persistence to grow account. Some may end up blowing up their account.

Cryptocurrency has left me no choice but to keep investing because it makes so much earn for my living.

Hello what is the best way to get started with the trade because I've been making my personal research for a while now.

@@jamiehussain2811 get yourself a credible source or mentor

The world is only a very small place for some people. Sometimes the few feet to the border is a very long way.

May I ask why you avoid Ted talks. I end up lots of times YouTubing at Ted. Not only because of Algorithms.

Hey man u talked about privacy coins...well give a look at this crypto...Apollocurrency.com ..it has better features than Monero ..it is gonna go to the moon 😱😉

It's clear she is talking about Ripple XRP!

what happens when you are too trusting. You know google, facebook, and all other social media have been collecting information about you. So all you likes, dislikes are known to them and they build a profile on you. Now that is scary having absolutely no privacy at all. But choosing what you share sounds a lot better and not have it known to the whole world.

+Jacky103 I hear you but in it's pre-90s days even the internet was seen as a government free neutral place and slowly it was turned into a tool for monitoring us. Even Tor is being undermined with research paid by governments such as Russia into hacking it. IMHO this system won't be foolproof either.

Imran Nazir It can be used by governemet....

People trust the pound, the dollar and already established currencies in general. How exactly does this promise to reduce uncertainty?

"potential abuses of the blockchain by governments and financial institutions too" That's just it though--it can't really be abused--or at least, the effort/investment to do so would be greater than the payoff and therefore it _wouldn't_ be abused. When everything is decentralized it means that there is no single point of failure to subvert. Though, I guess this depends a little bit on what you mean by "abuses." I assume you mean something like fraudulent or deceitful transactions?

yes it is

i think Wp spingerinvestment on google is the best bitcoin investment platform when it comes to interest and profit.

Another Elvis thx for that time mark

W

Elon Musk, has gone public with his belief that cryptocurrency offers an improved alternative to conventional money. Go to minute 25:35 Elon start talking about Crypto. He said. “It [cryptocurrency] bypasses currency controls. … Paper money is going away. And crypto is a far better way to transfer values than a piece of paper, that’s for sure.” cryptocurrency, in the case of bitcoin for instance, he said he believes its use of a large computing network to secure its ledger is “computationally energy intensive.” He added that, for a company that aims to boost the adoption for sustainable energy, it may not be “a good use of Tesla’s resources to get involved in crypto.” “It’s very energy intensive to create bitcoin at this point,” he said. ark-invest.com/podcast-download/59865/elon-musk-podcast.mp3?ref=download

@@fidlaf1 twitter.com/elonmusk/status/1123033196642201600?s=19

(Annabelle Templar) On F,B

shadowx089 are you sold now?

2021. Hope you have not sold yet.

In the Bible it talks about crypto money

x1.5 audio playback is fine imho, easy to listen and understand 😊

Wanker

She's aight.

🤣

Brilliant

Nope, too much energy required for that. Didn't you know ? There's an energy supply crunch coming. Forget about those gadgets. I'm here for da pretty lady.

Your daddy Biden just signed a executive bill.

I've been into it for some time now, but not really seeing much benefit in it.

Do people still earn money in Bitcoin?

@@cindybenson2953 Yes of course I'm even on a weekly payroll investing little amounts and earning huge returns.

I had the opportunity to invest 2 years ago but was discouraged by relatives, and now I see many of my friends who have made lots of money in it.

Please I'll need help on how to trade

if you don't mind, what do you find inspiring about it?

No, thanks her.

I tried to invest in bitcoin earlier this year but i failed to do so because of the pandemic challenges, can someone give me a suggestion of a broker and how to invest ?

@@donyellcody2010 I’ll recommend you to Expert Benson the CEO of Benson’s trading services, located in Texas. .. they are committed to making profits because they have been trading for over decade now

@@donyellcody2010 Trading bitcoin under Forex 💹 had been the most profitable trading so far for in less than an hour I made 0.9btc in a week of trading with Mr Benson I made more than $ 21,000 Worth BTC.

@@lawrencenicholas8645 Benson’s trading services is the best bitcoin trading you can ever think of, He’s an expert in bitcoin and crypto currencies

@@malesgakpo6925 I can’t come to Texas right now, I’m having a very busy schedule. Can you give me the contact details

it is possible to handle these issues with pruning the blockchain to make it take up less space as well as second layer technologies such as the bitcoin lightening network.

plasticman2011 under our current binary language medium ,replacing (for example) the US dollar with a bitcoin-like model would cause storage requirements to balloon to hilarious levels, even the mighty google data centers would have trouble housing it unless they shut down some of their other services and concentrated on storing the "master" block chain. This doesn't even address the individual requirement of miners and consumers to permanently house and transmit a portion of the master block. We would have to expand the language of digital storage (and thus storage capacity) in order to effectively house it in a secure and redundant manner Hexadecimal might do the job, but it has to be a native switch and not some sort of compression from binary, IE we need to transition from binary bits to hex bits or alphanumeric bits because you'll always need an uncompressed copy of the blockchain to do work, just my opinion but im a DBA/Storage admin so i know a bit about the low level requirements of something like this

frank jaeger clearly, you didn't bother to read how the bitcoin lightening network fixes those issues. What it boils down to is this: not every single transaction has to be stored in the bitcoin blockchain, you can use a bitcoin transaction as a means of opening payment channel on a 2nd layer network that handles tens of thousands of transactions without having all that data recorded in the bitcoin blockchain. this means that it is possible to do 10,000x increase in transaction volume without it increasing the size of the blockchain. I urge you to go read the bitcoin lightening network whitepaper.

plasticman2011 i have read about it, the lightning network doesnt and cannot address the issue of local storage for those who are responsible for maintaining the integrity of the entire chain, yes its true that individual clients can initiate transactions without too large of an overhead, but that "low overhead" is gauged based on the present bitcoin usage stats, instituting that as a national currency is a completely different thing. Add to this that if you were to use bitcoin as a national currency you would have to base it off of the value of the current currency which would require you to inject historical data about the previous currency into the chain before a single new transaction is made in order to confirm the value of the currency, thats ALOT of data, add redundancy and cross custodian audits and you're into a ridiculous amount of storage

Bitcoin will die very soon. Already three fourths of the world has been priced out of bitcoin mining and the rest willbe soon enough. Once mining stops bitcoin dies a freezing death.

Smart and beautiful

She is god like

can't concentrate on the video when you keep staring at her pretty face

very correct

I'm so distracted by her gorgeous face and beautiful voice.

Chuck, your superficial continents are irrelevant here. Sorry.

Comments. Phone.

Simp alert

You give her Bitcoin, which I will not accept. I will shower her in gold. Necklaces, pendants, bracelets, rings, a diadem. Inlaid with precious stones, gleaming with silver accents. You sit at the computer, growing fat and blind, trading the movements of an intangible Bitcoin, trying to decide value, as if it were so mutable, it requires the whole of your being. I will be at the forge, sweating in the heat, handling the art, finishing the items that inspire and invoke movements from the human soul. My body grows strong, the appreciation I have for beauty increases, for I am a Craftsman. The lady may have fine features, in this world, that is not particularly rare. The beauty that would receive my affections and adornments must have quality far superior than to be merely attractive. It is painful, to watch a woman who could be so much more, reduced to an uninspired propagandist.

@@HankMcGurk damn son

When you invest you're buying a day you don't have to work.

Assets that can make you rich

Bitcoin Stocks Real estate

You're right sir, it's obvious a lot of people remain poor due to ignorance It's better to take risk and make sacrifices than to remain poor.

It's not ignorance but due to some unprofessional expert in the market.

I agree. I once went to a lecture on how to do public speaking well. The salient point was: We tend to think a lot faster than we can speak but we need to digest what we hear before we are ready for the next point. Therefore, to keep from losing your audience, speak quickly, yet clearly, and use little "natural" pauses. (The scare quotes mean it's more an art than a science.)

its only a ledger if the transaction involves money. that's my understanding from what i've been researching.

Same strategy too. Go for Government to perpetuate their self interest and bias. Politicians and Bureaucrats are purchased for trinkets. The cycle continues. Expect more oppression and rigging of the game.

Yes WARBURG'S are secret society members...

True bro.😞 Majority of people dont even know the dark secret of the Warburg dynasty...☹️

Have you considered getting the help of a financial adviser or a good portfolio manager? You should, It is the best way to start.

It is good to begin stock trading, but always have this at the front of your mind, one of the reasons why many fail on their investments or trading is because they try it without proper guidance and money management. I will advice you get advice from an experienced stock broker.

It is good to begin stock trading, but always have this at the front of your mind, one of the reasons why many fail on their investments or trading is because they try it without proper guidance and money management. I will advice you get advice from an experienced stock broker.

Investing in crypto now is really cool especially with the current rise in the market. Where do i start from?

I totally agree with Sandra, you need a financial guide to put you through all what you need to know and also to tell you when or where to invest your money. Some persons will just jump into investing on what they know nothing about. My good advice is get a financial consultant.

Or she’s a good public speaker lol they teach you this in junior high 😂

@@nickjackson912 To never say "um" would mean she is a GREAT public speaker. Even world leaders cannot go that long without an "um".

She says “ummm” several times. 12:00

@@ThaoTouYang Ok fine, I guess she said "umm" twice out of this entire 15 min TED talk. Still impressive, and almost flawless victory, lol. Easy on the eyes she is.

The internet is full of such detailed info. Don't be lazy to look for it.

True that. However, as I implied, this vagueness is a common problem among speakers on this topic.

RU-vid is full of detailed technical videos.

Toss me some links, brother. It's not technical data I'm looking for, but explanations of specific applications and how they'd actually accomplish the various things they're purported to.

Graham Palmer nobody. It just exists as a record downloaded by a lot of computers worldwide and you can submit a modification through the internet using encryption and then when everything (your codes in combination with the transaction) matches, all the databases worldwide are changed.

Theoretically, the blockchain is controlled by the people who agree on using it. Being distributed, everybody can have a copy on his machine and change it by validating a transaction or by making a transaction. Practically, the response is a bit more complex.

Graham Palmer it's like bitcoin, no single nation or entity controls it, the one who use it create and reduce its demand and value. Similarly, this is a process controlled by the people using it, however the data storage for this needs to be decentralised without govt interference or private firm interest for it to be truly autonomous

Thanks guys. I now need to understand the user interface.

blockchain.info get a wallet it's free feel free to send some bitcoins to 1FM6FdZKjXQZsBBJdU3nRgsgCBMNL3tzwb

You're right ma, thanks for introducing me to expert Bambi Alex of financial education

Most people don't invest due to ignorance

People are scared of investing because of high rate of scam in the business

There are scammers but real brokers are out there for investors

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Bambi Alex

Douglas Koch Mass Media and Religion, the two oldest forms of deception.

Douglas Koch I have a question. What if we lose our electrical grid? Then what? If we have something based solely and entirely around technology, there seems there is a lot that could go wrong there.

@Nick this argument again... it's weirdly common. but do you not realize? if there actually would be a global outage, then people wouldn't have the slightest interest in little pieces of paper or metal either.

Commercial Critique se ill need other ways to energy

Amen, Jacqueline Lungwinz!

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.

Look CumEX Germany. You will know all.

yah she is

She is a professional psychiatrist, so she has absolutely no clue about supply chain, manufacturing, financial transactions.

anonymous - that was a different person. Your Google is broken.

she is not a psychiatrist please read ur google search properly

:D :D :D

(͡° ͜ʖ ͡°)

Bitcoin is the future,investing in it will be the wisest thing to do especially with the current rise

@@seanhannah3624 Yes, exactly crypto/forex trading is the word trending online investment

I made alot of money last year trading with expert Laura

@@eltonjohn8998 You've just made my day, I've lost so much trying to trade on my own

@@eltonjohn8998 It's surprising you're familiar with her too. I made so much profit last month investing with Mrs Laura

and rich by now.

Yeah shes like a Arizona sunset!!🏜

She's beautiful 😊

Is it? I'm pretty familiar with the concept, but I don't recall her really explaining what blockchain is. Her definition was pretty much just about cryptocurrency. She seems to be very confused on the difference between decentralized trade, and a blockchain.

hey where is that . that sound more interesting

do you even understand what "will" means

@@nt9090 you can make a point without being rude.

You brought up some good points here, also their whole system and mechanism of it sound rather odd and something is definitely missing from it, It only takes away from humanity. They make it sound and logical as it is, but as a matter of fact, these people lost hope in humanity and rather be replaced and be governed with this so-called refashion slavery. Whoever and whatever that established slavery in the first place in history recorded or unrecorded, is beyond this.

@@adamchan2379 I like the topic cause it brings us back to some points that are unjustly forgotten by people. The first thing that came to my mind was the complete denial by the orthodox Jewish sect of the "Essenes" of the idea of ​​wealth, trade (the exchange of goods and services for money), the use of slaves and the desire for personal profit. Unfortunately, you will not find the mention of the Essenes in any modern Jewish texts (Bible, etc.), they are completely excluded from the modern Jewish tradition due to a conflict with the high priests at the Second Temple period. Nevertheless, Pliny the Elder, Philo of Alexandria, and Josephus Flavius ​​testify about the Essenes. In the behavior and teachings of Jesus, we can also find some similarities with the concept of the Essenes regarding the exploitation of people and property inequality. Jesus preached humans equality, a communal way of life, when everyone receives what he really needs, and in return gives what he is a master at. Jesus spoke of the days when local communities will form a Universal Community. The second thing that comes to my mind is the teachings of Marx. They may be easier handled / implemented at this moment than the teachings of Jesus, as we are still rather far from the time of the Universal Community. I know that in America you do not study Marx, you confuse the Marxists with the Communists (and use both names in a wrong way). In Europe, Marx is being carefully studied. Marx listed all the functions of money: money is an intermediary in the exchange of goods, a means of accounting for value, a way of dividing & summarizing value, a means of transfering the value and accumulating wealth, and also an independent good. I see the core economic problem in that it is difficult to maintain the right amount of money in the economy, since this quantity must exactly correspond to the value of goods participating in the exchange at a given time. Otherwise, unnecessary volatility in price levels will appear. However, both the intensity of production and the need for goods may vary. The speed of money circulation (which depends on the banks) subjects to changes. In addition, if money is used to accumulate wealth (for example, for investments), its amount in the commodity market is also subject to harmful volatility. The core political problem is the usurped control over "the money printing machine". All this is directly related to cryptocurrencies, which address the core issues only partially. As I understand it, guys who are addicted to the technical issues of the blockchain concept underestimate the importance of economic theory, and in particular, the political economy.

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.

@@marcoenrique6092 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

I have been seeing so many recommendations about olivia tracy on Instagram and telegram trending, her strategy must be good for people to talk about her

@@victorfinlayson8149 I did invest with her and I made huge profits

I saw the recommendation but I didn't bother chatting her up I keep loosing teally i still don't understand how the forex market works tho

Yeah, I'm wondering if she works for Skynet.