Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management
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
@@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
I've watched MANY blockchain videos, and collectively they've all helped me grasp the concept. I would actually consider myself an expert by now on all things blockchain. Richie Etwaru has nailed it, it all comes down to TRUST. GREAT JOB RICHIE!!!!!!!
It's one of my fav Tedx talks, even though it was 22 mins long I didn't get bored for even a single sec. I was struggling to understand block chain but this talk made everything easy. ✌
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.
Greetings all. I've learned a ton from some of these comments, thank you for sharing them. On the sudden "volume" increases. The taping/recording of this talk had some (many) glitches, this talk took almost 1.5 hours to record (normally TEDx/TED talks are a single straight recording). I kept having to stop because the camera was not working, then the slides were stuck, then the microphone stopped working. Then the clicker battery died (I was the first speaker, so all the AV bugs were found) I was interrupted (had to stop, back up, and restart mid-sentence) about two dozen times. It was fun, I learned how to keep composure, and not break out into a sweat. LOL When I had to "restart", my energy level and voice levels were different every time as I struggled with composure and frustration :-( Hence, in post-production, I think it was very hard for the editors to "smooth" out my energy and voice.
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 🙏
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!
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.
"Every company in the world today, not just the intermediaries, are at risk of having competition from a blockchain version of themselves" Thanks for this, Richie. Couldn't have put it in a better way. Awesome presentation!
I'm saddened by the amount of people who get caught up in silly details and not focusing on the message of this brilliant presentation. Using dynamics or just being plain silly sometimes can really help a listener remember a lecture and god knows that there are plenty of smart but boring lecturers in the world of information technology (and elsewhere too). This was some very serious food for thought and I really hope that more people find this video. I'm getting the book!
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
Bitcoin halving is fully done, now miners need to earn x2 of what they have earned to remain profitable. In other words, $80000 is needed for miners to stay profitable with current halving rate. Bullish times ahead, only few understand.
Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?
Consider DCAing instead of a lump sum purchase. Consult a crypto expert for informed decisions. Time in the market is crucial. Following this, my pòrtfolio grew to 700k.
Sonya lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Many people get wealthy suddenly in the Crypto market, while others become destitute over a 20-year period and lose everything. Everyone has their own strategy, risk tolerance, and desired outcome.
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
I agree the gap that needs to be filled is the one related with TRUST. See this is not a video to watch if you have not done your homework already and know where blockchain technology is. He made his point. Now I see so many hate comments that it would be nice if they link to a presentation of their own to watch how fantastic they are.
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
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.
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.
*GOOD VIDEO; EVERYONE NEEDS MORE THAN THEIR BASIC SALARY TO BE FINANCIALLY SECURED, THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST, MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS,*
Crypto investment is great unlike the stock market and other financial market, crypto has no centralised location since it operates 24hrs in different part of the world
I pray whoever reads this will be successful, keep fighting for success, the rich stay rich by spending like the poor and investing why the poor stay poor be spending like the rich yet not investing, Roar!! Invest, earn and be successful.
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.
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
Hello I'm new to bitcoin trade and i have made few loses storing BTC, but recently i see a lot of people earning from it, can someone please give me a new strategy on how to earn
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
As an IT professional who has read the initial papers on cryptography >> blockchain; I can vouch for the importance of this talk by saying that this is the first explanation of the blockchain technology and its ramifications that I've understood. I particularly liked the analog showing historical world changing inventions.
Interesting talk (well done) but the basic question for me is still unanswered, i.e., how to control (trust) the initial entry into blockchain? I listened to many talks and have read a few books on the topic, and they all ignore this issue. If the party entering an item initially is compromised / corrupt, then having an immutable chain afterward is useless.
@@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..
Blockchain explaniation delivered in the most simplified way. Great video for people still trying to understand what it is and how it's changing the world
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
Great presentation. I understand this a lot better. I do have a question though... How can you verify that things weren't added into the chain maliciously or by corrupt individuals? I can see how you can trust that the chain itself hasn't been tampered with, but you can you trust that the individual items in the chain are legitimate? As an example, I'm a company that adds verification blocks to ensure that a tangerine is organic. The tangerine company pays me under the table to push the verification to the chain. So in a way, isn't there still a trust gap in that we need to trust the blocks themselves were placed legitimately?
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.
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.
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.
A remarkable talk. He took his opening minute to cover what could have been done in 15 seconds. And the subtle references to toilet humor? Excellent. Clearly, this is a professional who values his own time as well as mine.
Most interesting thing about bitcoin is that it represents a whole legion of adventures and entrepreneurs of risk takers, investors and problem solvers
When someone says "Unhackable" ... it makes me think about the "unsinkable Titanic" :-) Every month we see hacked banks, credit card companies, encryption keys that have been compromised, but they created systems that were unhackable. I really hope that blockchain is a little more robust than our previous attempts at creating a better system, as it solves a lot of issues. :-)
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".
Excellent presentation. Blockchain simplified. Say, what is Blockchain in a layman's language; this is what this talk did. Reading or listening to other material of Blockchain will be more comprehensible once one has heard this. Blockchain would cause disruption in future. Already, some states in India, are using Blockchain technology in the Land Records Registration departments. Thanks Richie Etwaru.
Sure I'd be interested in that. It's outside of my sandbox, but blockchain is of great interest to me. I put an BC idea to Google last year, it's still possible.
+Richard Godwin News has no ledger, since most journalists protect their sources, which is why we can't always trust it. But scientific knowledge has a ledger. If cryptography makes that body of knowledge tamperproof, and we can manage the identities behind the cryptographic keys. Using pseudoanonymous identities we can let journalists protect their sources while being able to trust the information.
Interesting question. I think it could be used in two ways: one, to track references such as a major media outlet using a story from the Associated Press. Another would be to make corrections and retractions more transparent. So putting those together, I could read a news story online, see clearly that it came from an early AP story and see that AP made a correction on their original. Im reminded of the quotation about a lie getting half way across the world before the truth can even put on its pants. Block Chain could help Truth keep up with disinformation.
Before watching this talk, I never actually understood what a blockchain is, although I watched many many videos explaining blockchain but never really understood it ,, what a valuable talk, thank you
Paul Shahrim has developed a thorough understanding of the financial market which helps clients to invest wisely. In every field, his expertise grows year by year
Hey, I am a complete noob and not a computer whiz (I just get around) but I am hella excited about Blockchain, Ethereum and Bitcoin - cryptocurrency - decentralization, TRUST, a new and wonderful world eventually...anyway, I see it LOL BUT I did need it spelled-out simply so...GREAT, thank you! I add this talk to my roster. I especially loved it when you got excited and started shouting BLOCKCHAIN ENTHUSIASM for the WIN.
my question is how you trust if the information added on the blockchain is right or wrong? for example, how I know if the farm put the right information of each step to produce organic fruit? if there is dispute on some data added on the blockchain, how and who to resolve the dispute?
@Ameer Here is a thought: There will be, for every blockchain, several other blockchains with data in them that one can cross verify the first blockchain's data with. One feels like Metcalfe's law will apply to block chains too and therefore the intrinsic value of a blockchain will somehow be proportional to the number of other "related" blockchains.
@Ameer Don't forget that everything on the blockchain is based on a consesus. Informatie that goes in the blockchain is also implicated with consensus. I can go "on" the blockchain and tell everybody how much I have in my current bankaccount, but this won't get up in the blocks just because I said so even though it might acctually be true. There has to be a consesus that what I said is true. Who should have consesus with whom, well that can indeed be difficult. But don't forget that trust in a blockchain isn't plain regular consesus but a consesus derived from the longest chain in the blockchain. Which in turn can bring new problems when for example the fraudelient information got on the chain but only gets adjusted 90k blocks further. But as other commenters have said: nothing is perfect. And in addition to that: what commerce information that you have is pure fact and can't be disputed when new information is discoverd how can you ever be certain that something happend? Plus do you want to go to such length to get THAT certainty?
well this tech goes hand in hand with ai and cheap automation. if you want detailed accounting of fruit as an example, you can have an automated transport and camera with quality assurance sensors that validate untamperable data based on the fruit’s actual dimensions, “fruit id” with barcodes,color inflouresence (lets say you want to assure that no harmful pesricide was used or the fruit has the optimal visual traits). if all meets the buyer’s criteria, the system automatically vouches for it (lets say no missing and bad data),then you won’t worry about fraud. and when the buyer pays, that simply goes with the system easily. the transaction is fixed. of course not all is perfect you still have a gradient of “quality” in products, but a low grade quality market shouldn’t be necessarily excempt from this system and existing buyers could still access it with minimal mistrust.
I was thinking of the problems that Block chain can solve. This video explained the gap that Blockchain can solve, now suddenly I can see the real world problems of Trust where blockchain can solve. Ahaa!! Thanks to simple yet beautiful explanation of the blockchain in this video
I started investing on this Bitvest24 platform a month ago. The outstanding and easy explanation of, everything was perfect. The customers service is very good tool. They called me back immediately and they were gentle and helpful.
This video helped me click on the blockchain concept. Great talk and great insight about what it's applications could be used for other than digital currency. One of the better TEDx videos I've seen.
12:49 - did he just say "turd record"?! Awesome video, thanks Richie. I think this is the next greatest invention of my (millennial) time, blockchain and crytocurrencies. Those who hate on either or just simply don't understand or are too lazy to want to understand. Time will tell...
This speaker is an adjunct professor teaching courses in the field while working on a Phd in organizational leadership. He knows how to present well due to practice of the most necessary skill for leaders - effective and engaging public speaking. He has taken a new technology and presented it in clearly understandable terms. The "shouting" is likely effective voice projection to be heard by the audience.
Question: How does a factual error contained in either the first ledger entry or a subsequent ledger entry get corrected when each subsequent hash key is dependent on that error remaining uncorrected?
One way is that you have to openly announce what block you're going to change and what changes you want in it and "why". And then the algorithm will recalculate keys for every subsequent block and re-distribute it. This way everyone knows that a correction was made. This is one way . There might be others and better ones out there.
Fantastic speech. Blockchain is explained in simple terms with visuals that helped me understand. Confident speaker. Humour broke up what is a complex subject and helped give the audience a mental break from intense concentration on this new and mind blowing digital concept.
*I'm 51 years old with no retirement plan yet,any suggestions on accumulating a million dollar portfolio within 12-18 months? I have currently saved a capital of $100k*
Starting early is the best way of getting ahead to build wealth,investing remains the priority. Forex trading has plenty of opportunities to earn a decent payout,with the right skills and proper understanding of how the market works
I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
But successful people don't become that way over night,what most people see is a glance wealth,a great career,purpose is the result of hard work and hustle over time
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 :-(
Amazing video, Can you make a video explaining how beginners can make huge profits within a short period of time? I mean I was at a seminar and the host spoke about making well over $880,000 within 4 months of investing $150,000 I just need to know how
You can acquire good suggestions for professional training services from a variety of platforms. I tried a few of them out, but Annabelle trading services is far more beneficial to me 💯💯
Why not invest in cryptocurrency while you learn how to buy. Bitcoin can be very confusing but my recent in trade on XNG/USD on a natural gas some other currency pairs, with expert Stacy Griffin on this trade I have made my profit.
I thought I'm the only one that know her, I have lost huge amount of money trying to trade on my own, also got scammed before but today Stacy Griffin has helped me recovered all the losses
video still amazes me. ive watched it a few times and its his presentation and information that has allowed me to really get a great foundation of this new tech. ive tried watching other popular youtubers in the crypto space and they have not really explained it this way!
Those scammer they promise to make yo $50,000 profit within the space of 7 days with just $500 to invest and end up not even refunding your capital but Felix is a man of integrity, with $3,000, he will tell you he can only make profit within the range of $13,000 and he actually delivers.
@@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.
Very interesting concept, let's hope it catches on. Re ; checking the validity of the Organic Tangerine, surely the scan code could be copied by an unscrupulous supplier from a validated and trusted supplier, and you would be non the wiser? How would one also apply such a concept to something like insurance where you expect to get ripped off?
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.
Trust, but verify is a translation of a Russian proverb, which became well known when used by President Ronald Reagan in the context of nuclear disarmament.
When I see these blockchain tangerines, I will buy a box, eat the organic tangerines and stuff the box full of fake oranges instead. When my chimney falls apart, I will get the inspector to overlook the cracks by slipping him a Benjamin. The hand waving magic of blockchain doesn't actually solve anything at all.
Hello Richie Etwaru, your way of presentation and your PowerPoint slide clearly made me understand about Blockchain. Thank you for awesome presentation.
Well I hate to say this but....they are probably already controlling this as well somehow. The rich and powerful do NOT give up power easily. And if Bill Gates tells you to do something...you should probably do the exact opposite. I seriously hope you are right. I want this as well.
This presentation exemplifies one of the major problems I have with most proposed blockchain solutions--namely that blockchain doesn't do much to improve trust in MOST scenarios. The obvious exception is cryptocurrencies, which incidentally is what blockchain was designed for. Take his tangerine example. He doesn't seem to consider the fact that a company that would lie by putting false stickers on a product would also lie about the chemicals they used. Yes, in theory it would be impossible to retroactively change the ledger, but people could still lie when CREATING the ledger. This sort of use of blockchain does nothing to solve the trust problem. If anything, it just gives a false sense of security to people. Oh, and there's a downside to immutable ledgers: If the ledger is incorrect then it can't be changed. Imagine a tangerine company going out of business because someone marked a chemical as being used when it wasn't, and the record could never be changed. I'm convinced that blockchain has a use in certain niche markets. However, I think 99% of the hype surrounding it is just that: hype. Most of the things you can do with blockchain can be done far more efficiently and simply with traditional databases and cloud computing.
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
Je me considère comme un succès dans le trading avec l'aide de mon courtier qui gère mon compte de trading et me rapporte des bénéfices impressionnants. Ses stratégies sont de premier ordre, associées à la petite commission qu'elle facture sur son échange. Je peux dire sans équivoque que le trading de crypto ou de forex est l'une des activités les plus rentables et les plus lucratives pour tout investisseur disposant du bon expert.
Pour éviter de subir des pertes lors de la négociation, vous devez acquérir une compréhension et une connaissance complètes de la négociation et de la détention
@@kendrickroberto9067 Vous avez raison... la plupart du temps, avoir des connaissances ou un aperçu d'une activité particulière peut également être un exercice agréable.
C'est vrai que la plupart des gens aujourd'hui ont eu beaucoup d'échecs dans le secteur commercial en raison d'une mauvaise plate-forme et d'une mauvaise orientation.
Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management
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've watched MANY blockchain videos, and collectively they've all helped me grasp the concept. I would actually consider myself an expert by now on all things blockchain. Richie Etwaru has nailed it, it all comes down to TRUST. GREAT JOB RICHIE!!!!!!!
It's one of my fav Tedx talks, even though it was 22 mins long I didn't get bored for even a single sec. I was struggling to understand block chain but this talk made everything easy. ✌
the public speaking skills from this guy is straight out of a textbook: I'm fascinated!
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!
Greetings all. I've learned a ton from some of these comments, thank you for sharing them. On the sudden "volume" increases. The taping/recording of this talk had some (many) glitches, this talk took almost 1.5 hours to record (normally TEDx/TED talks are a single straight recording). I kept having to stop because the camera was not working, then the slides were stuck, then the microphone stopped working. Then the clicker battery died (I was the first speaker, so all the AV bugs were found) I was interrupted (had to stop, back up, and restart mid-sentence) about two dozen times. It was fun, I learned how to keep composure, and not break out into a sweat. LOL When I had to "restart", my energy level and voice levels were different every time as I struggled with composure and frustration :-( Hence, in post-production, I think it was very hard for the editors to "smooth" out my energy and voice.
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!
Crypto currency investment is here to stay especially the assest Bitcoin if you can't see at this point it's time you learnt more about it.
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.
"Every company in the world today, not just the intermediaries, are at risk of having competition from a blockchain version of themselves"
Thanks for this, Richie. Couldn't have put it in a better way. Awesome presentation!
Bingo
Watched several videos and read articles to get a grip on the concept. FINALLY this guy gets it to me in an understandable way!
I'm saddened by the amount of people who get caught up in silly details and not focusing on the message of this brilliant presentation. Using dynamics or just being plain silly sometimes can really help a listener remember a lecture and god knows that there are plenty of smart but boring lecturers in the world of information technology (and elsewhere too). This was some very serious food for thought and I really hope that more people find this video. I'm getting the book!
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
Bitcoin halving is fully done, now miners need to earn x2 of what they have earned to remain profitable. In other words, $80000 is needed for miners to stay profitable with current halving rate. Bullish times ahead, only few understand.
Regretting missing out on earlier Bitcoin investments, I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?
Consider DCAing instead of a lump sum purchase. Consult a crypto expert for informed decisions. Time in the market is crucial. Following this, my pòrtfolio grew to 700k.
Do you mind sharing info on the expert who assisted you?
Sonya lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.
I don't know what you guys are talking about, I loved it! I don't think I understood what blockchain ''really'' meant before watching this! So kudos!
This guy is a genius. literally was so unsatisfied with other explanations until now. this makes COMPLETE sense.
Many people get wealthy suddenly in the Crypto market, while others become destitute over a 20-year period and lose everything. Everyone has their own strategy, risk tolerance, and desired outcome.
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
If it looks like a Ponzi scheme, sounds like a Ponzi scheme, and smells like a Ponzi scheme, then the chances are that it is a Ponzi scheme.
I agree the gap that needs to be filled is the one related with TRUST. See this is not a video to watch if you have not done your homework already and know where blockchain technology is. He made his point. Now I see so many hate comments that it would be nice if they link to a presentation of their own to watch how fantastic they are.
Richie explains a difficult concept without depending on technology and jargon! Simply wonderful! Thank you!
Making money is the plan and with Bitcoin Investment your plans can be fulfilled
@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 TH-cam video I watched.
I have been scammed severally and it really hurts
Intrested in investing again, but can this Elias Greyson fx be trusted?
This is the best Ever public speaking overall performance I have seen! Clear, concise, content, charming, bold and most of all, productive.
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.
Watch at 2X speed , don't keep Earphones at full volume and you can gather valuable insight from this talk. Good content.
Finally someone explaining blockchain in the most layman way possible
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 HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.
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.
+1786
5505
508
Investing in crypto and bitcoin now should be in every wise individuals
list, some months later you I'll be
ecstatic with the decision you made
today.
@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 🌍
He was not loud, we call it voice modulation and the way you have presented the idea is simply awesome.
...dude - HE WAS LOUD!!!
*GOOD VIDEO; EVERYONE NEEDS MORE THAN THEIR BASIC SALARY TO BE FINANCIALLY SECURED, THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST, MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS,*
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.
My struggle with blockchain was never understanding how it functions. So grateful to find this. Fabulous explanation!
Crypto investment is great unlike the stock market and other financial market, crypto has no centralised location since it operates 24hrs in different part of the world
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
Doubt kills more dreams than failure ever will.
(Never doubt crypto)
@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..
Thank you so much! This is the first explanation of blockchain that didn't make my brain hurt.... it made sense to my not-so-tech-savvy brain.
If this guy didn't say trust I would turn this window.
You did the right thing brother.
I pray whoever reads this will be successful, keep fighting for success, the rich stay rich by spending like the poor and investing why the poor stay poor be spending like the rich yet not investing, Roar!! Invest, earn and be successful.
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
I've watched this video over 12 x already and have been using this to built my company over.
Hello I'm new to bitcoin trade and i have made few loses storing BTC, but recently i see a lot of people earning from it, can someone please give me a new strategy on how to earn
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
As an IT professional who has read the initial papers on cryptography >> blockchain; I can vouch for the importance of this talk by saying that this is the first explanation of the blockchain technology and its ramifications that I've understood. I particularly liked the analog showing historical world changing inventions.
Interesting talk (well done) but the basic question for me is still unanswered, i.e., how to control (trust) the initial entry into blockchain? I listened to many talks and have read a few books on the topic, and they all ignore this issue. If the party entering an item initially is compromised / corrupt, then having an immutable chain afterward is useless.
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..
Blockchain explaniation delivered in the most simplified way. Great video for people still trying to understand what it is and how it's changing the world
Then this is overly simplified 😂😅
A great presenter's skill is to easily explain a complex subject matter............well done!
And time is our most valuable and scarce resource. Keep your time safe by converting it to bitcoin 💪
@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.
Great presentation. I understand this a lot better. I do have a question though...
How can you verify that things weren't added into the chain maliciously or by corrupt individuals? I can see how you can trust that the chain itself hasn't been tampered with, but you can you trust that the individual items in the chain are legitimate?
As an example, I'm a company that adds verification blocks to ensure that a tangerine is organic. The tangerine company pays me under the table to push the verification to the chain. So in a way, isn't there still a trust gap in that we need to trust the blocks themselves were placed legitimately?
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.
Watching this in Oct 2021. Everything he said 4 yrs ago is getting real slowly but surely.
I have been watching some videos and I was thinking about investing, but still don't know where to start from.
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
A remarkable talk. He took his opening minute to cover what could have been done in 15 seconds. And the subtle references to toilet humor? Excellent. Clearly, this is a professional who values his own time as well as mine.
It's impossible as an investor not to experience gains or loss. That's a constant factor in any investment
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 been so excited watching this video and understanding why bitcoin will stacked up 59k this weekend
i am really so glad to be investing as i monitors trade while making my profits with this thier wonderful platform .
@@susanangelo1745 how do you make the profits from the platform and how does it work with them?
@@adriansullivan875 you contact them via whtsapp +17136359237
I must be the only one left in class left with questions. This is the most complicated explanation I've heard yet.
When someone says "Unhackable" ... it makes me think about the "unsinkable Titanic" :-) Every month we see hacked banks, credit card companies, encryption keys that have been compromised, but they created systems that were unhackable. I really hope that blockchain is a little more robust than our previous attempts at creating a better system, as it solves a lot of issues. :-)
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".
I really like this eplanation.
Very simplistic and engaging (IMO).
Getting ready for my project defence and this talk really helped. Thanks
Excellent presentation. Blockchain simplified. Say, what is Blockchain in a layman's language; this is what this talk did. Reading or listening to other material of Blockchain will be more comprehensible once one has heard this. Blockchain would cause disruption in future. Already, some states in India, are using Blockchain technology in the Land Records Registration departments. Thanks Richie Etwaru.
How could blockchain be used to verify news reporting?
This is the most important question on this thread! I have a few ideas, not sure they are the best, but maybe can be a starting point. Lets chat.
Sure I'd be interested in that. It's outside of my sandbox, but blockchain is of great interest to me. I put an BC idea to Google last year, it's still possible.
+Richard Godwin News has no ledger, since most journalists protect their sources, which is why we can't always trust it. But scientific knowledge has a ledger. If cryptography makes that body of knowledge tamperproof, and we can manage the identities behind the cryptographic keys. Using pseudoanonymous identities we can let journalists protect their sources while being able to trust the information.
That's a very interesting thought and I have no idea how it would work. But I get where you're coming from.
Thanks
Interesting question. I think it could be used in two ways: one, to track references such as a major media outlet using a story from the Associated Press. Another would be to make corrections and retractions more transparent.
So putting those together, I could read a news story online, see clearly that it came from an early AP story and see that AP made a correction on their original. Im reminded of the quotation about a lie getting half way across the world before the truth can even put on its pants. Block Chain could help Truth keep up with disinformation.
" Trust but verify" was used by Lenin in his book.
Reagan repeated them when he was meeting with Gorbachev.
Of course, I learned that form a comment below, good to know!
thank you for the comment. didnt know that
Before watching this talk, I never actually understood what a blockchain is, although I watched many many videos explaining blockchain but never really understood it ,, what a valuable talk, thank you
Paul Shahrim has developed a thorough understanding of the financial market which helps clients to invest wisely. In every field, his expertise grows year by year
My investment is always secured with Mr Paul Shahrim I am so happy to hear people speak good of him.
I do recommend newbies to set up account under Paul Shahrim
Scam
This is really well explained! Very impressed!
"Power Gap...all we had was man power, SLAVERY, colonialism, the engine helped get rid of ALL THAT..." Wow to the choice of comparisons!!! Just WOW!!!
Hey, I am a complete noob and not a computer whiz (I just get around) but I am hella excited about Blockchain, Ethereum and Bitcoin - cryptocurrency - decentralization, TRUST, a new and wonderful world eventually...anyway, I see it LOL BUT I did need it spelled-out simply so...GREAT, thank you! I add this talk to my roster. I especially loved it when you got excited and started shouting BLOCKCHAIN ENTHUSIASM for the WIN.
Thanks for watching For more info, W a t - a p p + 1 3 3 1 2 3 2 3 2 6 4 🇱🇷 🇱🇷
my question is how you trust if the information added on the blockchain is right or wrong? for example, how I know if the farm put the right information of each step to produce organic fruit?
if there is dispute on some data added on the blockchain, how and who to resolve the dispute?
So you need to realise that nothing in this world can be perfect. We only tend to make ourselves better than we have been till then.
@Ameer Here is a thought: There will be, for every blockchain, several other blockchains with data in them that one can cross verify the first blockchain's data with. One feels like Metcalfe's law will apply to block chains too and therefore the intrinsic value of a blockchain will somehow be proportional to the number of other "related" blockchains.
@Ameer Don't forget that everything on the blockchain is based on a consesus. Informatie that goes in the blockchain is also implicated with consensus. I can go "on" the blockchain and tell everybody how much I have in my current bankaccount, but this won't get up in the blocks just because I said so even though it might acctually be true. There has to be a consesus that what I said is true. Who should have consesus with whom, well that can indeed be difficult. But don't forget that trust in a blockchain isn't plain regular consesus but a consesus derived from the longest chain in the blockchain. Which in turn can bring new problems when for example the fraudelient information got on the chain but only gets adjusted 90k blocks further. But as other commenters have said: nothing is perfect. And in addition to that: what commerce information that you have is pure fact and can't be disputed when new information is discoverd how can you ever be certain that something happend? Plus do you want to go to such length to get THAT certainty?
well this tech goes hand in hand with ai and cheap automation. if you want detailed accounting of fruit as an example, you can have an automated transport and camera with quality assurance sensors that validate untamperable data based on the fruit’s actual dimensions, “fruit id” with barcodes,color inflouresence (lets say you want to assure that no harmful pesricide was used or the fruit has the optimal visual traits). if all meets the buyer’s criteria, the system automatically vouches for it (lets say no missing and bad data),then you won’t worry about fraud. and when the buyer pays, that simply goes with the system easily. the transaction is fixed. of course not all is perfect you still have a gradient of “quality” in products, but a low grade quality market shouldn’t be necessarily excempt from this system and existing buyers could still access it with minimal mistrust.
@Harshil Raval people choose to comment on simple ideas so they don’t have to type a long paragraph even though the may understand the complex idea
I was thinking of the problems that Block chain can solve. This video explained the gap that Blockchain can solve, now suddenly I can see the real world problems of Trust where blockchain can solve. Ahaa!! Thanks to simple yet beautiful explanation of the blockchain in this video
I started investing on this Bitvest24 platform a month ago. The outstanding and easy explanation of, everything was perfect. The customers service is very good tool. They called me back immediately and they were gentle and helpful.
This video helped me click on the blockchain concept. Great talk and great insight about what it's applications could be used for other than digital currency. One of the better TEDx videos I've seen.
thank you! Let me know if I can help further
Probably the best video I've seen discussing blockchain!
12:49 - did he just say "turd record"?!
Awesome video, thanks Richie. I think this is the next greatest invention of my (millennial) time, blockchain and crytocurrencies. Those who hate on either or just simply don't understand or are too lazy to want to understand. Time will tell...
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.
Basically blockchain concept comes from linked lists. Use of cryptographic hashes, linked lists further extended to blockchain.
Great presentation. Nicely done. He made it very clear that Blockchain in and of itself DOES NOT solve the "trust hole". It needs more.
This speaker is an adjunct professor teaching courses in the field while working on a Phd in organizational leadership. He knows how to present well due to practice of the most necessary skill for leaders - effective and engaging public speaking. He has taken a new technology and presented it in clearly understandable terms. The "shouting" is likely effective voice projection to be heard by the audience.
Are you him?
This is the best way of explaining about BlockChain.
Wow, he is talking about 2020 and I am watching it in 2021😂😂😂
Lol
Same! I feel late to the game.
@@pogofuzz same here but better late than never :)
@@pogofuzz ask anyone you know to name 3 altcoins. You are early, act accordingly. best of luck
Question: How does a factual error contained in either the first ledger entry or a subsequent ledger entry get corrected when each subsequent hash key is dependent on that error remaining uncorrected?
I guess your question remains ignored...
One way is that you have to openly announce what block you're going to change and what changes you want in it and "why". And then the algorithm will recalculate keys for every subsequent block and re-distribute it.
This way everyone knows that a correction was made.
This is one way . There might be others and better ones out there.
Best explanation of block chain that i could find on internet
Fantastic speech. Blockchain is explained in simple terms with visuals that helped me understand. Confident speaker. Humour broke up what is a complex subject and helped give the audience a mental break from intense concentration on this new and mind blowing digital concept.
Thank you for the note. Lets help everyone be a part of the paradigm, not not only the privileged!
Very well explained, very well presented.
A handful of pithy gems, along with a great graphic on explaining the blockchain with a real world example. Well done.
Slim Shady stuff aside (lose that, please), this guy gets it and explains it magnificently.
I cringed
*I'm 51 years old with no retirement plan yet,any suggestions on accumulating a million dollar portfolio within 12-18 months? I have currently saved a capital of $100k*
Starting early is the best way of getting ahead to build wealth,investing remains the priority. Forex trading has plenty of opportunities to earn a decent payout,with the right skills and proper understanding of how the market works
I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
But successful people don't become that way over night,what most people see is a glance wealth,a great career,purpose is the result of hard work and hustle over time
Talking about being successful! I know am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Blossom Jefferson
As a single mom I now make $15,000 monthly all thanks to expert Mrs Blossom Jefferson
The easiest presentation that I ever got for blockchain. It was absolutely amazing.
Good, insightful presentation. I recommend it. Trust me!
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
Sudden screamer!
even comes with distasteful heath ledger joke! wow!
so you don't sleep
"Ahaaa!!!!"
I don't know if just mentioning his name is "distasteful." Not a funny joke, though.
He must be a baptist preacher in his spare time.
Excellent presentation.... Grasping blockchain far better now!
in a few months or no time people we definitely be kicking themselves regret for missing the opportunity to buy or invest in cryptocurrency.
Bitcoin has been the most profitable investment online, if only you could trade with professional broker. that we work you through the process needed.
wow I'm shock someone just mentioned and recommended, expert Mr James Lucas.
@@techlead9748 you don't need to be shock because I'm also a huge beneficial of expert Mr James Lucas.
I have heard of expert James Lucas I think saw it online, as I was making a research on something.
expert James Lucas fx success story is everywhere.
MIND BLOWN, I'm literally on the throne watching this right now.
Excellent. Very Simple & Clear
Amazing video, Can you make a video explaining how beginners can make huge profits within a short period of time? I mean I was at a seminar and the host spoke about making well over $880,000 within 4 months of investing $150,000 I just need to know how
@miles walker Thank you so much for the
recommendation i appreciate
Annabelle once said" its a big world so think big" didn't get that until a month later on receiving my first 6.2btc
You can acquire good suggestions for professional training services from a variety of platforms. I tried a few of them out, but Annabelle trading services is far more beneficial to me
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But seriously, I think crypto trading platforms really need some talented experts like Annabelle Hartfield for copy trading purposes🤔
2 months ago i was a complete nobody but here i am making money from future trade by using Annabelle signal
This is exactly what I needed to understand DeFi better!
Why not invest in cryptocurrency while you learn how to buy. Bitcoin can be very confusing but my recent in trade on XNG/USD on a natural gas some other currency pairs, with expert Stacy Griffin on this trade I have made my profit.
Nice words especially with the current rise
I we recommend anyone in need of a reliable broker to make money, Stacy Griffin has been the one trading for me
I'm shocked someone just mentioned and recommended Stacy Griffin, all thought she's a nice woman
I thought I'm the only one that know her, I have lost huge amount of money trying to trade on my own, also got scammed before but today Stacy Griffin has helped me recovered all the losses
Hello anyone there?
His tangerine concept at the end just described VeChain
Indeed
👌
video still amazes me. ive watched it a few times and its his presentation and information that has allowed me to really get a great foundation of this new tech. ive tried watching other popular youtubers in the crypto space and they have not really explained it this way!
Those scammer they promise to make yo $50,000 profit within the space of 7 days with just $500 to invest and end up not even refunding your capital but Felix is a man of integrity, with $3,000, he will tell you he can only make profit within the range of $13,000 and he actually delivers.
Now I know how to explain Blockchain technology in layman terms :) .. Excellent presentation Richie.
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.
OMG!!! Unbelievable in the first minute of this he described me EXACTLY right now. Love it!!
Thanks for watching For more info, W a t - a p p + 1 3 3 1 2 3 2 3 2 6 4 🇱🇷 🇱🇷
Very interesting concept, let's hope it catches on.
Re ; checking the validity of the Organic Tangerine, surely the scan code could be copied by an unscrupulous supplier from a validated and trusted supplier, and you would be non the wiser?
How would one also apply such a concept to something like insurance where you expect to get ripped off?
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.
He nailed it! Anyone else multitasking like me...on the toilet?
:)
Hahah same
Patches FO. I'm eating!!!
kind of
is that what the kids are calling it nowadays?
Massively simplified explanation and mesmerizing tone.
Trust, but verify is a translation of a Russian proverb, which became well known when used by President Ronald Reagan in the context of nuclear disarmament.
Thank you Darin! I did not know that! Love to learn!
Richie Etwaru you are welcome
Exactly! I remember that well. He said it in response to Gorbachev.
Just researched it myself, you are absolutely right!! Wow!
wow ur good at copying and pasting from wikipedia
Just a shout out for
Paul Allen. It was Paul AND bill that brought us Microsoft. Both together in Paul's garage.
Finally someone that actually does explain it in layman's terms, thank you very much
amazing .There is not going to be enough Bitcoin for all ...who is going to have the foresight ? love the video .
Bitcoin is highly divisible, there is enough for everyone, but some people will have more than others.
All I needed to hear is the "Tangerine" analogy to understand the use of the blockchain 🍊🤔
When I see these blockchain tangerines, I will buy a box, eat the organic tangerines and stuff the box full of fake oranges instead. When my chimney falls apart, I will get the inspector to overlook the cracks by slipping him a Benjamin. The hand waving magic of blockchain doesn't actually solve anything at all.
Hello Richie Etwaru, your way of presentation and your PowerPoint slide clearly made me understand about Blockchain. Thank you for awesome presentation.
Blockchain will hopefully destroy corruption
Well I hate to say this but....they are probably already controlling this as well somehow.
The rich and powerful do NOT give up power easily.
And if Bill Gates tells you to do something...you should probably do the exact opposite.
I seriously hope you are right. I want this as well.
Get vaccinated- Bill Gates
This presentation exemplifies one of the major problems I have with most proposed blockchain solutions--namely that blockchain doesn't do much to improve trust in MOST scenarios. The obvious exception is cryptocurrencies, which incidentally is what blockchain was designed for.
Take his tangerine example. He doesn't seem to consider the fact that a company that would lie by putting false stickers on a product would also lie about the chemicals they used. Yes, in theory it would be impossible to retroactively change the ledger, but people could still lie when CREATING the ledger.
This sort of use of blockchain does nothing to solve the trust problem. If anything, it just gives a false sense of security to people.
Oh, and there's a downside to immutable ledgers: If the ledger is incorrect then it can't be changed. Imagine a tangerine company going out of business because someone marked a chemical as being used when it wasn't, and the record could never be changed.
I'm convinced that blockchain has a use in certain niche markets. However, I think 99% of the hype surrounding it is just that: hype. Most of the things you can do with blockchain can be done far more efficiently and simply with traditional databases and cloud computing.
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
Clearly Kardden was a right choice. Hope to learn more from you this is pure knowledge
Je me considère comme un succès dans le trading avec l'aide de mon courtier qui gère mon compte de trading et me rapporte des bénéfices impressionnants. Ses stratégies sont de premier ordre, associées à la petite commission qu'elle facture sur son échange. Je peux dire sans équivoque que le trading de crypto ou de forex est l'une des activités les plus rentables et les plus lucratives pour tout investisseur disposant du bon expert.
Le trading est très rentable avec l'aide d'un courtier expérimenté qui gère votre compte de trading
Investir dans des actifs est le code de triche pour avoir une vie financière réussie...
Pour éviter de subir des pertes lors de la négociation, vous devez acquérir une compréhension et une connaissance complètes de la négociation et de la détention
@@kendrickroberto9067 Vous avez raison... la plupart du temps, avoir des connaissances ou un aperçu d'une activité particulière peut également être un exercice agréable.
C'est vrai que la plupart des gens aujourd'hui ont eu beaucoup d'échecs dans le secteur commercial en raison d'une mauvaise plate-forme et d'une mauvaise orientation.
Could the Blockchain be the DNA of AI? Exciting time to be alive.