Great informative speech. In this video she said there is $15 billion in Bitcoin. Here we are just 3 years later and there is over $1 Trillion in Bitcoin and It's very limited and IMO just a store of value. Blockchains are the future!
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k.Somehow this video has helped shed light on somethings, but I'm confused, I'm a newbie and I'm open to ideas.
What an amazing speaker. I think that for the first time I understood the excitement surrounding Blockchain and cryptocurrencies. I second the need for more video channels on TH-cam, dedicated to cryptocurrencies, with emphasize on bright and clear speakers as the lady in this video - well done to the TEDxWhiteCity organizers.
This is a great introduction for the blockchain revolution which is upon us. Just like the internet decentralized information networks, blockchain will decentralize value transfer networks (currencies), which opens the door for the decentralization of online services. Using blockchain technologies, a service can be operated by countless of independent parties which are paid using a cryptocurrency, just as Ethereum and Bitcoin operate. The potential is rally hard to comprehend.
Currency has nothing to do with this that’s another scam but yes block chain will remove a lot of middle men the currency is irrelevant stop pushing bitcoin and Ethereum
This is fascinating. The implications of the internet have barely begun to take hold in reality. Life as we know it will be completely different a decade from now.
great video for people beginning to learn about bitcoin. I believe more of these videos should be made and more cryprocurrency channels should be funded on TH-cam.
Could someone help me out? What i do not understand from the talk is the following issue: She is saying that when you pay with current online banking the money doesn´t actually move. She highlights that it is really important that I don´t keep a copy so the money doesn´t duplicate. But when i transfer money to a peer I don´t keep a copy of it. So, how does it differ by using the Blockchain techonology or any kind of altcoin? Thanks in advance
These are 2 different contexts. When Galia says that the money doesn't really move with conventional online banking, what she means, I believe, is that the money doesn't go physically from you to another person. The money goes from your bank to his/her bank. "Your" money doesn't belong to you, it belongs to the bank, you cannot make a transaction, only ask the bank to do it. You don't have control, the bank has, in fact, the bank has full control over your assets. I want to add that although banks try to make it look like you have all the control, it is not the case. In fact, banks can very easily fail, and you lose all of your money, and it happens quite often. Other situations are also possible. The other context you mention is that blockchain makes sure you don't spend your money twice. This is done using mathematical principles at the heart of blockchain technology. If you want to understand how it works, you should dig deeper, but suffice it to say that the algorithm guarantees that the uniqueness of value and that this value belongs exactly to you, and no one else, and you have full control over the transactions.
The problem I have with bitcoin regarding payment for goods and services is that there is no intervention to help you out in the case of fraud, banks can't help you if you get scammed, because you don't have a bank? Also in the case of using paypal, let's say for example they accepted bitcoin, I made a purchase using bitcoin but didn't receive my item, how would paypal get my bitcoin back from the seller? They could have done anything with it by then.
No centralized authority? Who maintains and upgrades the blockchain algorithm / program? Is a blockchain only as strong as it's weakest link? Fascinating presentation.
maintaining the code is not the same as controlling the assets and/or the blockchain itself. in other words, the developers can upgrade the algorithm, but they cannot make your coins disappear. they have no authority over the network. and if the developers go away, nothing will happen to bitcoin. it is here to stay independent of any singular party.
Thanks Sergey. This makes sense. I still believe clever people, (or machine AI), will figure out a way to hack any system. But that's not much different than the way things work now. Maybe blockchain makes it harder. We people are the weakest link in the blockchain. Fooling people to get their bitcoins will be way easier than hacking the system.
Someone invested on it, and they won't make you the owner, just making you believe you're the owner. Still a clever slavery learned from old tales, nothing changed.
Being financially free and having money invested in the most important factor in living a good free life. 99% Americans don't have money saved or invested and all the do is spend..
I read about Mrs Natasha, when I first started watching educational videos on bitcoin. I contacted her and In two weeks she help grow my small portfolio of bitcoin 2btc to 5btc. Bitcoin heading back to 50k got me smiling
I love the part when discussing senior citizens get their money minus the hassle of chasing it through crowded government facilities. This revolution will hurt the job market in America, unfortunately!
Lee Fowler: I now retract that statement. I'm specifically talking about any CASH ONLY vending or under the table jobs that require cash. Lol, strippers, street peddlers, vendors at stadiums and streets, bar tenders, etc. BUT, it will hopefully slow down crime that require cash transactions: drug dealers, prostitution, etc. I'm curious how taxes will be handled though.
this will happen anyway and happens already. look at Japan, you can buy almost everything in the vending machines. a lot of jobs will disappear in the next decade or so, and it is ok. people will find stuff to do. it has been like that for many years -- old jobs disappear, new ones emerge.
Very good!! I have one question. Is it "the blockchain" or "a blockchain"? im referring to 9:50 in the video. Everyone compares it to "the internet" of which there is only one. Is block chain the same? I feel like you these fundamental points required to explain it are never really touched upon .
There are many blockchains. They're just different implementations of the same technology principal. Remember Bittorrent? Well this is basically Bittorrent V2 on steroids!!
Her vision is going to be true very very soon. God will give us vision and strength to adapt this wonderful technology of decentralization of power. Below principals can help more 1. One should always be ready to accept truth and to renounce untruth. 2. All acts should be performed after deliberating what is right and wrong. 3. The prime objective of new Society is to do well to the world, that is, to promote physical, spiritual and social good of everyone. 4. Our/Every one conduct towards all should be guided by love, righteousness and justice. 5. We should dispel ignorance) and promote (knowledge). 6. No one should be content with promoting his/her good only; on the contrary, one should look for his/her good in promoting the good of all. 7. One should regard oneself under restriction to follow the rules of society calculated to promote the well-being of all, while in following the rules of individual welfare all should be free.
These people may know a lot about technology but they know very little about finance. Europe has a lot of different currencies and it's a nightmare when trying to do transactions.
Block chain for Crypto currencies require the Internet. Whatever controls the internet, whether private companies or Governments, can control crypto currencies. Without a truly open internet, the block chain currency promise may turn into a nightmare.
What is up with the TED camera man never once zooming in? Camera shot is far, weird. Kinda like being on Tinder and the person photo is a far away shot, can't even see them that well. Something to hide i guess.
Cryto is now the predominant economic value in the global communities and their financial institutions. and it's already moon for those that started trading earlier
its not the case!:)) ... masters get godlike power (over mankind)! Blockchain a tool for this. A coin that care info about ALL transaction!? - THE Dream of any godlike master (and dictators):)
Would be very good that people's money, I mean all the money one possesses is stored in people's own digital wallet. No more need to have a bank account. And in time bye bye to the banks. No more using our resources to bet on casino roulettes, no more fees. Just people using their money without no interference, no middle devils. And then, after all this, get rid of the money concept and transcend.
"only all of our computers strung together" have you not seen Battlestar Galactica? c'mon, any network can be meddled with. I do not see how this is a realistic goal -
ALERT: INCREASED NETWORK TRAFFIC The Bitcoin network is currently experiencing record usage, resulting in longer confirmation times and higher miner’s fees for transactions. Transactions are likely to be more expensive and/or take longer to complete and additional fees go directly to miners.
Time for jesus to come back and finish the you for ever. "And Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the moneychangers, and the seats of them that sold doves, And said unto them, It is written, My house shall be called the house of prayer; but ye have made it a den of thieves." - Matthew 21:12-13
Great informative speech. In this video she said there is $15 billion in Bitcoin. Here we are just 3 years later and there is over $1 Trillion in Bitcoin and It's very limited and IMO just a store of value. Blockchains are the future!
Here we are. $3 Trillion
I came here to learn how to trade after listening
to a guy on radio talk about the importance of
investing and how he made $460,000 in 4
months from $160k.Somehow this video has helped shed light on somethings, but I'm confused, I'm a newbie and I'm open to ideas.
Investing in crypto now should be in every wise individuals list, in some months time you'll be
ecstatic with the decision you made today.
Most intelligent words l've heard. Crypto is the new gold
I Wanted to trade Crypto but got discouraged by the fluctuations in price
What an amazing speaker. I think that for the first time I understood the excitement surrounding Blockchain and cryptocurrencies. I second the need for more video channels on TH-cam, dedicated to cryptocurrencies, with emphasize on bright and clear speakers as the lady in this video - well done to the TEDxWhiteCity organizers.
Try out DataDash. We're making things better everyday
This is a great introduction for the blockchain revolution which is upon us. Just like the internet decentralized information networks, blockchain will decentralize value transfer networks (currencies), which opens the door for the decentralization of online services. Using blockchain technologies, a service can be operated by countless of independent parties which are paid using a cryptocurrency, just as Ethereum and Bitcoin operate. The potential is rally hard to comprehend.
Currency has nothing to do with this that’s another scam but yes block chain will remove a lot of middle men the currency is irrelevant stop pushing bitcoin and Ethereum
Excellent presentation. It's very hard to explain this technology and you did fantastic. Surprised you didn't mention Ethereum..
the Ether logo was in the presentation... appreciate the no pandering, just truth protocol... jus sayin... prolly VitalK OK... i vote+
This is fascinating. The implications of the internet have barely begun to take hold in reality. Life as we know it will be completely different a decade from now.
Anyone else here in 2021 thinking of The promising future of Cardano? Smart contracts supposed to be live by next month!
Just bought BNT! Looks like you have a bright future a head. Bencor 3 is a winner!
The way she explained is very satisfying ❤️
true
Lol she said 15 billion. Now it's over a trillion! Pretty close to 100x.
Galia, you are truly a professional speaker. I guess they don't teach one how to speak professionally in Palo Alto!! Good presentation.
The best explanation of block chain i have heard
Very interesting, imagine building a cloud provider using Blockchain, Wow!
Excellent Galia! Thankyou for leading the change so valiantly! Go WOMAN!!!
Brilliant talk !!
amazing talk! really on point and hopefully many people will think as you do in the coming years so we can advance as a society
Crazy how you watched this video before bitcoin was relevant... respect
Your example of the magic book finally made me understand a lot more clearly what is blockchain, Thank you very much!!!
Wow 15billion market cap- so wish I’d known about btc back then
Pi is in second phase now. Try this and mine as many as you can
Thank you Galia for your simple explanation of the Blockchain ! :)
Great voice for bedtime story.
3 minutes I was counting sheep
Incredible talk. It's really interesting to learn more about these technologies. I'd love to see more TED talks like this.
00:00 -00:25
6:05 - 7:05
9:58
great video for people beginning to learn about bitcoin. I believe more of these videos should be made and more cryprocurrency channels should be funded on TH-cam.
Just Play it at 1.25x!!!
Amazing Talk
True
Could someone help me out?
What i do not understand from the talk is the following issue:
She is saying that when you pay with current online banking the money doesn´t actually move. She highlights that it is really important that I don´t keep a copy so the money doesn´t duplicate. But when i transfer money to a peer I don´t keep a copy of it. So, how does it differ by using the Blockchain techonology or any kind of altcoin?
Thanks in advance
These are 2 different contexts.
When Galia says that the money doesn't really move with conventional online banking, what she means, I believe, is that the money doesn't go physically from you to another person. The money goes from your bank to his/her bank. "Your" money doesn't belong to you, it belongs to the bank, you cannot make a transaction, only ask the bank to do it. You don't have control, the bank has, in fact, the bank has full control over your assets. I want to add that although banks try to make it look like you have all the control, it is not the case. In fact, banks can very easily fail, and you lose all of your money, and it happens quite often. Other situations are also possible.
The other context you mention is that blockchain makes sure you don't spend your money twice. This is done using mathematical principles at the heart of blockchain technology. If you want to understand how it works, you should dig deeper, but suffice it to say that the algorithm guarantees that the uniqueness of value and that this value belongs exactly to you, and no one else, and you have full control over the transactions.
The problem I have with bitcoin regarding payment for goods and services is that there is no intervention to help you out in the case of fraud, banks can't help you if you get scammed, because you don't have a bank? Also in the case of using paypal, let's say for example they accepted bitcoin, I made a purchase using bitcoin but didn't receive my item, how would paypal get my bitcoin back from the seller? They could have done anything with it by then.
No centralized authority? Who maintains and upgrades the blockchain algorithm / program?
Is a blockchain only as strong as it's weakest link?
Fascinating presentation.
maintaining the code is not the same as controlling the assets and/or the blockchain itself. in other words, the developers can upgrade the algorithm, but they cannot make your coins disappear. they have no authority over the network. and if the developers go away, nothing will happen to bitcoin. it is here to stay independent of any singular party.
Thanks Sergey. This makes sense. I still believe clever people, (or machine AI), will figure out a way to hack any system. But that's not much different than the way things work now. Maybe blockchain makes it harder. We people are the weakest link in the blockchain. Fooling people to get their bitcoins will be way easier than hacking the system.
Someone invested on it, and they won't make you the owner, just making you believe you're the owner.
Still a clever slavery learned from old tales, nothing changed.
Very well said! Great presentation
So very lucidly explained crypto currency and block chain.
I want to know how do you acquire these 'hearts'? Why do the 'hearts' need to be valued according to a $ or currency?
Fantastic explanation of the Blockchain.
Being financially free and having money invested in the most important factor in living a good free life. 99% Americans don't have money saved or invested and all the do is spend..
too many people are Piling in to BITCOIN.. That means it is time to take profits
I read about Mrs Natasha, when I first started watching educational videos on bitcoin. I contacted her and In two weeks she help grow my small portfolio of bitcoin 2btc to 5btc. Bitcoin heading back to 50k got me smiling
Loved your talk!
you are a great communicator, thank you. I have a better understanding
Time to invest in Blockchain Technology .. ..
I love the part when discussing senior citizens get their money minus the hassle of chasing it through crowded government facilities. This revolution will hurt the job market in America, unfortunately!
whereitallhappens genuinely curious how you think this will hurt the job market. Thanks in advance.
Lee Fowler: I now retract that statement. I'm specifically talking about any CASH ONLY vending or under the table jobs that require cash. Lol, strippers, street peddlers, vendors at stadiums and streets, bar tenders, etc. BUT, it will hopefully slow down crime that require cash transactions: drug dealers, prostitution, etc. I'm curious how taxes will be handled though.
this will happen anyway and happens already. look at Japan, you can buy almost everything in the vending machines. a lot of jobs will disappear in the next decade or so, and it is ok. people will find stuff to do. it has been like that for many years -- old jobs disappear, new ones emerge.
Low sound volume
I was really inspired by your talk, I hope it come true
Have you heard about LEDU COIN? I heard in their telegram groupchat that they will have burning of tokens this July..Will I buy?
Writing this when bitcoin is 68K, incredible!
So many dots just got connected!
Great video. Clear and inspirational.
Great explanation, Thanks.
Immutability is an artifact of proof-of-work not blockchain.
I like her explanation...
Outstanding.
Wonderful. thank you for this!
thx Turkish Airlines and Israel.
excellent presentation above all.
Very good!! I have one question. Is it "the blockchain" or "a blockchain"? im referring to 9:50 in the video. Everyone compares it to "the internet" of which there is only one. Is block chain the same? I feel like you these fundamental points required to explain it are never really touched upon .
There are many blockchains. They're just different implementations of the same technology principal. Remember Bittorrent? Well this is basically Bittorrent V2 on steroids!!
Very informative!!
very nice presentation i love this voice..
@6:58 Imagine a currency that pays it's own taxes? (fiat and you pay double through COERCION (IRS) and INFLATION (FEDS) LOL)
Yes inflation is the biggest shadow tax of all. Truly automatic.
The governments around the world already have that. They have bank bail ins and confiscate your account and property when they want your money.
Australia government voted out the bitcoin double tax.
Her vision is going to be true very very soon. God will give us vision and strength to adapt this wonderful technology of decentralization of power. Below principals can help more
1.
One should always be
ready to accept truth and to renounce untruth.
2.
All acts should be
performed after deliberating what is right and wrong.
3.
The prime objective of
new Society is to do well to the world, that is, to promote physical, spiritual
and social good of everyone.
4.
Our/Every one conduct
towards all should be guided by love, righteousness and justice.
5.
We should dispel ignorance)
and promote (knowledge).
6.
No one should be
content with promoting his/her good only; on the contrary, one should look for
his/her good in promoting the good of all.
7.
One should regard
oneself under restriction to follow the rules of society calculated to promote
the well-being of all, while in following the rules of individual welfare all
should be free.
Great talk!
Is just so Beauty Explained !
If anyone brings What bitcoin value is based question you can send this link
These people may know a lot about technology but they know very little about finance. Europe has a lot of different currencies and it's a nightmare when trying to do transactions.
great book analogy
Block chain for Crypto currencies require the Internet. Whatever controls the internet, whether private companies or Governments, can control crypto currencies. Without a truly open internet, the block chain currency promise may turn into a nightmare.
What is up with the TED camera man never once zooming in? Camera shot is far, weird. Kinda like being on Tinder and the person photo is a far away shot, can't even see them that well. Something to hide i guess.
Weird comment
I should of never sold Bitcoin at $30 it’s now $50,000!
Well they raised over 100MUSD today via Bancor IOC
I like the concept of cryptocurrency, I think this really is the future...
Cryto is now the predominant economic value in the global communities and their financial institutions. and it's already moon for those that started trading earlier
Have you had any trade yet?
"what would a news network look like without a media company in the centre?" it looks like ethereum that's what
And there are projects like Typerium already making it happen...
Gaza coin please make that coin already!!
trust protocol ... how truth works
I think how we can make a change in the world and help palestinians right now.
imagine a world with no gods and no masters!
except for the government monitoring everything you do.
its not the case!:)) ... masters get godlike power (over mankind)! Blockchain a tool for this. A coin that care info about ALL transaction!? - THE Dream of any godlike master (and dictators):)
eduardo escurra *Blockchain god
Crypto is already changing the world. Image what 2100 will look like.
channel with 24mio subs, and audio quality like channel with 10...
Would be very good that people's money, I mean all the money one possesses is stored in people's own digital wallet. No more need to have a bank account. And in time bye bye to the banks. No more using our resources to bet on casino roulettes, no more fees. Just people using their money without no interference, no middle devils. And then, after all this, get rid of the money concept and transcend.
"only all of our computers strung together" have you not seen Battlestar Galactica? c'mon, any network can be meddled with. I do not see how this is a realistic goal -
ALERT: INCREASED NETWORK TRAFFIC
The Bitcoin network is currently experiencing record usage, resulting in longer confirmation times and higher miner’s fees for transactions. Transactions are likely to be more expensive and/or take longer to complete and additional fees go directly to miners.
Just three words for you: To Establish Trust:)
(by customers)
Blockchain "local currencies" are blockchain bartering.
And when the web goes dead? Then what???
NYCThrax1 satellites , have been tested already
re look at this it is happening
Hmm Tel Aviv israel...
Nothing spooky here.
Bitcoin is not a token is a coin just like you hear LEDU coin. Buy and win car
So, the government fascists can have a record of everything you do. And can use that info against you.
Finally someone who said it.
I don't trust in this more than in conventional money.
Slavery methods evolved.
Which is it? Government is so incompetent they can't get anything done or government tracks everything you're doing? You can't have it both ways.
Someone needs to do a WHY blockchain rather than see stars about the HOW of it..!!
Sounds great! Until you realise that this is the technology that Skynet was based on... 🥺😥😫
I don't invest or have any interest in fog, smoke, or water vapor.
Cool story bro. But this talk was on Blockchain.
Market cap of BTC $15 million at the time of making this film. LMAO! If only she knew!
All I hear: we have some great technology behind the Tulips... Buy the Tulips...!!!
Iconomi=)
Go Bancor
He help make $2000 weekly
Value back to human life.
If you lose value when you spend money you didn't spend it right.
I am for any currency that keeps us from having a picture of Trump on the dollar bill.
he lives rent free in your head
you are part of the problem with this attitude
You’re right. He should replace Ben, not George.
Why is he hated by women like you? Policies? Or just hatred of non PC Alpha males
But you probably wouldn't mind Obama on there. The first American bills were the first to have no image of the head of state. Royalty is so old-world.
uhh the whole israel issue turns me off completely
omg dude...could you miss the point of her talk any more blatantly??!
it is called bitcoin cash now. bitcoin has become controlled by single individualys sadly
except it is vice versa
The shivering expert splenomegaly stuff because wealth substantively pour underneath a available twig. scarce, long language
Hey, please remove video of this scammer. They stole our money.
Ted talks are kind of annoying stylistically because every speakers cadence is the same. Its unnatural
Time for jesus to come back and finish the you for ever.
"And Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the moneychangers, and the seats of them that sold doves, And said unto them, It is written, My house shall be called the house of prayer; but ye have made it a den of thieves."
- Matthew 21:12-13
She is a Bancor scammer.
this so easily enslave people
The frequent color sporadically miss because back genotypically punish throughout a agreeable glue. terrible, drunk eye
Excellent Galia! Thankyou for leading the change so valiantly! Go WOMAN!