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What is Money? And Could Bitcoin Be the Best One? | Jad Mubaslat | TEDxDayton 

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If you’ve heard that Bitcoin is going to revolutionize money, but aren’t quite sure what that means, this talk is for you. Bitcoin entrepreneur and enthusiast Jad Mubaslat explains the key features of what makes anything (whether it is precious metals, paper notes, shells, or cows) viable as a currency for exchanging value. He then lays out how a digital currency like Bitcoin has all the same features necessary to be a currency, with some additional advantages that are unique to the blockchain technology upon which Bitcoin is built. Jad Mubaslat has been passionate about Bitcoin for several years. He founded BitQuick.co while attending The Ohio State University in 2013. The Bitcoin trading platform was accepted into leading Bitcoin accelerator, Boost.VC in 2014; BitQuick.co was then later acquired in 2016. Since then, Jad has remained an active advisor to the company, organizes a meetup for Bitcoin and cryptocurrency in the Dayton area, and now works at Rain Financial, the first regulated cryptocurrency exchange in the Middle East. Jad received a BS in Biomedical Engineering in 2015 at Ohio State and an MS in Human Factors Engineering in 2018 at Wright State. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

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9 янв 2020

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Комментарии : 137   
@AndyClaner
@AndyClaner 4 года назад
Buy Bitcoin people, wake up educate yourself. Its a system for the people and not the state. Wake up.
@AltcoinDaily
@AltcoinDaily 4 года назад
Bitcoin is digital gold.
@burak3924
@burak3924 4 года назад
Instead of calling it digital gold or digital money, I'd rather call it a digital value deposit.
@Wazztheweasel
@Wazztheweasel 4 года назад
It is not, there were never are no gold whales dumping and pumping the prices.
@andrewhandelsman834
@andrewhandelsman834 3 года назад
@V J lol, doesn't look like nothing. Companies r starting to store millions of dollars into bitcoin. Micro strategy for one just bought 450 million worth of btc. Ceo of Twitter just bought a bunch. Sorry your going to miss this
@russellmathews2504
@russellmathews2504 3 года назад
@@Wazztheweasel If you are having bitcoin, Ethereum, dogecoin etc in your wallet you don't need to wait for a bull Market before you make a profit, you can make X2 Of what you have in your wallet $13,000 every two week with trading expert, like Gianlucai i have been trading with him since 2019 i recommends you Gianlucai on telegram + 3 9 3 5 1 0 1 3 8 8 6 5 Also on WhatsApp
@cuboperfeito5141
@cuboperfeito5141 Год назад
digital diamond*
@axelb5143
@axelb5143 3 года назад
only 15k views ? this talk is still visionary by 2021's beginning... don't miss the bus
@MS45636
@MS45636 4 года назад
I would add, it doesn't matter who created bitcoin because the creator now cannot impact bitcoin in the same way a creator of a centralized project can.
@sewing2165
@sewing2165 4 года назад
Well done - great talk ! Thank you
@arl7d
@arl7d 2 года назад
His explanation is clear as glass
@taikubruno9033
@taikubruno9033 4 года назад
short and nice talk
@guy7008
@guy7008 3 года назад
Great talk, so clear, no nonsense. Amazing how few times this has been viewed till today. There is so much ignorance...
@0xKemal
@0xKemal Год назад
The problem why few people have seen this talk is that most people are not interested in what money is, or how the money they use every day is created. Most people unfortunately don't make the "effort" and research to understand it. But on the other hand, most people complain that they don't have enough money. Paradox!
@FossickMedia
@FossickMedia 4 года назад
this guy read "the bitcoin standard"
@uchechukwuonyebuchi3588
@uchechukwuonyebuchi3588 3 года назад
I love this introduction.
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
+12106002806 Whatsapp for guidance
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
Be careful on who you invest with. Invest wisely
@DieKrone94
@DieKrone94 2 года назад
More people should see this!
@xentagz
@xentagz 4 года назад
Great talk!
@kshiao369
@kshiao369 Год назад
Very well said
@masonnoah8306
@masonnoah8306 2 года назад
To everyone who is thinking of starting their own business, believe in yourself and never give up.Your future self will be thankful
@michelledaniel400
@michelledaniel400 2 года назад
Great content. Everyone needs more than their basic salary to be financially secured
@michelledaniel400
@michelledaniel400 2 года назад
Money left in savings always end up used with returns.
@chrismarmsk1970
@chrismarmsk1970 2 года назад
True though unfortunately mine always end with losses
@wellsdells8946
@wellsdells8946 2 года назад
You do not really need someone to tell you how to invest your coins, you can make research on your own and trade with expert to guild you through
@michelledaniel400
@michelledaniel400 2 года назад
In few years time a lot of people will regret why they miss this great opportunity of earning.
@ivanbarbosa81
@ivanbarbosa81 3 года назад
very good history of the monetary system
@jan.de.ridder
@jan.de.ridder 4 года назад
Very clear explanation, thanks! Now i know what to do to save my money!
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
+12106002806 Whatsapp for guidance
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
Be careful on who you invest with. Invest wisely.
@bitcoinembassylondon5770
@bitcoinembassylondon5770 4 года назад
One of the best intro to Bitcoin talks. Share with your friends and family as an easy to digest first introduction to Bitcoin.
@maxxsawant1095
@maxxsawant1095 2 года назад
Truth💎
@Uu12574
@Uu12574 2 года назад
Why I like Bitcoin because of this 8:28
@lutherpalmer6605
@lutherpalmer6605 4 года назад
Good stuff!
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
+12106002806 Whatsapp for guidance
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
Be careful on who you invest with. Invest wisely.
@cuetheplanesound8110
@cuetheplanesound8110 4 года назад
Early in this game we are. Better learn how to confront your fear and HODL.
@hamza3065
@hamza3065 3 года назад
We seriously need to ponder the need of money and its functionalities.
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
+12106002806 Whatsapp for guidance
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
Be careful on who you invest with.
@MS45636
@MS45636 4 года назад
good vid
@cryptobra5933
@cryptobra5933 Год назад
The answer to the title is yes and it will be
@christ_inspire_daily
@christ_inspire_daily 2 года назад
How does this video have only 18k views??
@owlsoundz
@owlsoundz 3 года назад
How will cypto savers be rewarded?
@yinyang9109
@yinyang9109 3 года назад
Just want to know what happen to the value of Bitcoin if this limited amount of crypto currency by 2040 when half, or worst, most of them got lost and unrecoverable in the block chains through human mishandling them?
@donmosco6464
@donmosco6464 3 года назад
Mrs Olivia is legit and her method works like magic I keep on earning every single week with her new strategy
@williamthomas9471
@williamthomas9471 3 года назад
Wow I' m just shock someone mentioned expert Mrs Olivia I thought I' m the only one trading with her She helped me recover what I lost trying to trade my self
@robertjohn6367
@robertjohn6367 3 года назад
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Olivia I think she is the best broker I ever seen
@roselarry9209
@roselarry9209 3 года назад
Thanks for introducing me to Mrs Olivia My first investment with Mrs Olivia gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
@nicolejack1779
@nicolejack1779 3 года назад
Yes I' m also a living testimony of expert Mrs Olivia Mrs Olivia has changed my financial status for the best.all thanks to my aunty who introduced her to me
@heatherjerry7288
@heatherjerry7288 3 года назад
Mrs Olivia is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days Her success story is everywhere
@ChandraChandra-wx9em
@ChandraChandra-wx9em 3 года назад
I agree - but a few concerns. 1. Bitcoin can be lost (once lost cannot be recovered.) No means to recover the lost bitcoin. 2. There will only be 21 million bitcoin in the whole world with a population of over 8 billion. Already the bitcoin is in the hands of early adopters or with institutions. Which means the new comers cannot get any bitcoin unless they are in the top economic tiers in the society. 3. The price of bitcoin keeps increasing rapidly which makes it even harder for the next generation to lay their hands on unless bequeathed to them. Or they have to accept it as payment 4. By then, the value of bitcoin would be so high and the wealth distribution so unequal that the poor has to work for peanuts of bitcoin. doesnt make sense to me. for example - If I am a day laborer and need to get paid my wages, noone would give me a portion of bitcoin. The transaction rates are high. 5. Bitcoin doesnt work with illiterate people. Illiterate people can use all other forms of currency mentioned above, but very difficult to use bitcoin. 6. As time goes, bitcoin cannot be used for daily shopping etc. For example - Tesla started accepting bitcoin as payment. I would say that any person that is using bitcoin to purchase the car now(in 2021) is foolish. Because, considering that the person is buying 50000 dollar worth of car using 1 bitcoin (suppose 1 bitcoin is equal to 50 k today. It actually is 47K). I giving more to Tesla. Because the bitcoin, considering people's mindset will appreciate in value. If it goes to 100 K in the next year, the person that bought the car, just lost 50k and the car depreciated too. 7. from point 6, this will make the value of things inherently cheaper, as the value of bitcoin goes up. 8. Bitcoin is a digital asset that is not tangible. Its value is only perceived. For example if there are more sellers of bitcoin than buyers, the value would drop drastically. Doesnt make sense. 9. If there is another crypto currency that has the same features as bitcoin and another famous celebrity vouches for that, then bitcoin value could drop. (this is whimsical - but can turn out to be true) 10. If there is a big catastrophe, bitcoin would become worthless. People would prefer to have gold instead of bitcoin. (you can argue that you can hold bitcoin in your wallets. consider there is no connectivity, nothing - then a piece of gold or for that matter any commodity (bottle of water) would have more value than bitcoin) 11. Bitcoin can ACT only as a hedge. The moment it comes into circulation worldwide, it is doomed. And it cannot come into worldwide circulation. Consider governments accepting it. 12. Bitcoin for some crazy unforeseen reason may tank in the future, and may not hold any value. 13. Bitcoin can never replace actual currency totally. 14. Gold is regulated and inspite of that it is valuable. Consider bitcoin getting regulated - I dont think it can stand a chance. 15. Silly point- Lost gold can be found by some stranger and can be used to his/her betterment. Lost bitcoin is gone forever. Total loss. Disclaimer: I am a small time bitcoin trader myself, but honesty dont believe in its longevity. I am just in for the short haul.
@railander
@railander 3 года назад
The existence of another blockchain projects and alt coins solve all of that.
@ma2i485
@ma2i485 2 года назад
Good points made, another concern is that the financial system is an extremely complex network to be just facilitated by bitcoin only, it can never happen unless banks decide to adopt it for some reason but highly unlikely. Banks only use bitcoin to make market for speculative trading not for collateral in the financial system, banks use Treasury securities as collateral to keep the financial system going.
@Multrakiller
@Multrakiller 4 года назад
We may never know who Satoshi is, but at least we know Vitalik :3
@agarwaludit511
@agarwaludit511 4 года назад
Ethereum and Bitcoin will be killer
@mkae74
@mkae74 3 года назад
Watching this, Btc is at 33.000$. First time i heard about Bitcoin, it was at 100$. I regret Not having bougt a Little USB Miner😬
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
*+1./2./1./0./6./0./0./2./8./0./6* *W>
@ma2i485
@ma2i485 2 года назад
Your comment just proves just how speculative the crypto market is, all the demand in bitcoin is just speculating and hodling...no real economic demand
@digitaltrademusic
@digitaltrademusic Год назад
The ones who make the money 💰 are the ones who owns the exchanges
@carousel9325
@carousel9325 4 года назад
Hodl bois
@ChandraChandra-wx9em
@ChandraChandra-wx9em 3 года назад
Yes bitcoin can be divisible. But it is abstract. It is not physical. It is like saying, I have a number. I will give you a fraction of it.
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
+12106002806 Whatsapp for guidance
@ChandraChandra-wx9em
@ChandraChandra-wx9em 3 года назад
@@cryptocapitalventure1864 exactly! Hence proved
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
@@ChandraChandra-wx9em kindly contact for investment guidance
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
USA+🇺🇸1🇺🇸2🇺🇸1🇺🇸 0🇺🇸6🇺🇸0🇺🇸0🇺🇸2🇺🇸8🇺🇸0🇺🇸6
@ChandraChandra-wx9em
@ChandraChandra-wx9em 3 года назад
@@cryptocapitalventure1864 sure. We can discuss what extra value you can provide other than that I have. I only hope to accept any guidance if my mind can accept the logic behind any argument or discussion.
@tallyhoroad
@tallyhoroad 4 года назад
It’s very odd you’re standing on a “CONNECT” logo. 🤦‍♂️
@punkwarlord
@punkwarlord 4 года назад
Is that a bitconnect reference?
@sultanmalik1800
@sultanmalik1800 2 года назад
bitcoin slow and expensive to transfer
@shelahjoanna3088
@shelahjoanna3088 3 года назад
BTC worth 58k now
@cryptocapitalventure1864
@cryptocapitalventure1864 3 года назад
+12106002806 Whatsapp for guidance
@ma2i485
@ma2i485 2 года назад
So what?
@animasekai2854
@animasekai2854 4 года назад
BTC dominating the boomers monitary policy!
@sarahalex2360
@sarahalex2360 2 года назад
Invest in bitcoin today
@samoneil5140
@samoneil5140 3 года назад
I swear this guy is just repeating the 'Bitcoin Standard' word for word lmao
@fn3249
@fn3249 4 года назад
Alternate title: "Guy turns content from The Bitcoin Standard into a speech he claims as his own"
@johnson9749
@johnson9749 3 года назад
I really grateful hackermotion on telegram is the Best best
@miguelmart1659
@miguelmart1659 3 года назад
Why does this feel like this dude is just stroking himself off on stage?
@andrewhandelsman834
@andrewhandelsman834 3 года назад
How do u feel a stroke off!! I want some
@burnoutminion
@burnoutminion 2 года назад
Bitcoin is bound to fail.
@sarahalex2360
@sarahalex2360 10 месяцев назад
I totally agree with what you are saying ....The fact is, BITCOIN is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading with Mr Bernie doran has been going smoothly for me, i started with 0.5 BTC and i have accumulated over 5.5BTC in just three weeks, with the trading strategy given to me by expert trader BERNIE DORAN, if you are new to cryptocurrency, reach out to him
@sarahalex2360
@sarahalex2360 10 месяцев назад
His WhatsApP
@sarahalex2360
@sarahalex2360 10 месяцев назад
+1424
@sarahalex2360
@sarahalex2360 10 месяцев назад
285
@sarahalex2360
@sarahalex2360 10 месяцев назад
0682
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