Blockchain: Massively Simplified | Richie Etwaru | TEDxMorristown

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  • เผยแพร่เมื่อ 14 พ.ค. 2017
  • Richie Etwaru, discusses the opportunity and implications of blockchain as a paradigm to slow/chose the expanding trust gap in commerce. He unpacks blockchain to a level of simplicity to be consumed by those that are just starting to understand and explore the paradigm. He lays out a current state of commerce, suggesting that every company is currently at risk of being disrupted or incurring severe strain from a blockchain version of itself.
    Professionally, Richie Etwaru is a c-level at a Fortune 500 Company, an author, the owner of international patents, the founder of multiple ventures, an experienced keynote speaker, an angel investor, a member of advisory boards, and a recognized thought leader in the area of digital, technology, and design.
    Specific to this TEDx talk, Richie is an adjunct professor of blockchain management at Syracuse University in New York, he has delivered over 100 blockchain keynotes across the world, he has written well read blockchain blogs, he has been interviewed on blockchain in online TV shows, and has advised governments and venture funds on blockchain opportunities.
    This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

ความคิดเห็น • 3K

  • @stephenbates6
    @stephenbates6 3 หลายเดือนก่อน +1624

    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

    • @DavePatrick901
      @DavePatrick901 3 หลายเดือนก่อน

      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

    • @VictoriaLisa959
      @VictoriaLisa959 3 หลายเดือนก่อน

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

    • @EricMoore158
      @EricMoore158 3 หลายเดือนก่อน

      ​@@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???

    • @MargaretGeoffrey
      @MargaretGeoffrey 3 หลายเดือนก่อน

      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

    • @AngelaHunt290
      @AngelaHunt290 3 หลายเดือนก่อน

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

  • @vincentstewart1843
    @vincentstewart1843 4 หลายเดือนก่อน +21

    I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.

    • @maureen...
      @maureen... 4 หลายเดือนก่อน

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

    • @maureen...
      @maureen... 4 หลายเดือนก่อน

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

    • @maureen...
      @maureen... 4 หลายเดือนก่อน

      +1786

    • @maureen...
      @maureen... 4 หลายเดือนก่อน

      5505

    • @maureen...
      @maureen... 4 หลายเดือนก่อน

      508

  • @carter3294
    @carter3294 ปีที่แล้ว +88

    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.

    • @floxydorathy6611
      @floxydorathy6611 ปีที่แล้ว

      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

    • @carter3294
      @carter3294 ปีที่แล้ว +2

      @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.

    • @michealmccoy9249
      @michealmccoy9249 ปีที่แล้ว

      ​@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

  • @umarazeez3438
    @umarazeez3438 2 ปีที่แล้ว +1556

    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.

    • @quinnsarah6594
      @quinnsarah6594 2 ปีที่แล้ว

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

    • @quinnsarah6594
      @quinnsarah6594 2 ปีที่แล้ว +2

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

    • @josejace7776
      @josejace7776 2 ปีที่แล้ว

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

    • @josejace7776
      @josejace7776 2 ปีที่แล้ว

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

    • @paulalonso2212
      @paulalonso2212 2 ปีที่แล้ว

      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.

  • @bobarnold4435
    @bobarnold4435 5 ปีที่แล้ว +5

    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.

  • @SebaxR9
    @SebaxR9 6 ปีที่แล้ว +89

    "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!

  • @crilledisst
    @crilledisst 6 ปีที่แล้ว +196

    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!

    • @markfintechwire9643
      @markfintechwire9643 5 ปีที่แล้ว +2

      ditto

    • @mohabdul1
      @mohabdul1 5 ปีที่แล้ว +3

      well said.

    • @sunsande
      @sunsande 5 ปีที่แล้ว +6

      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!

    • @ddskimmer
      @ddskimmer 4 ปีที่แล้ว +5

      @@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.

    • @sunsande
      @sunsande 4 ปีที่แล้ว +4

      @@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

  • @aliasjon8320
    @aliasjon8320 6 ปีที่แล้ว +13

    Watch at 2X speed , don't keep Earphones at full volume and you can gather valuable insight from this talk. Good content.

  • @joshuasamuel7610
    @joshuasamuel7610 7 ปีที่แล้ว +43

    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!!!!!!!

  • @CrashEtwaru
    @CrashEtwaru 3 ปีที่แล้ว +125

    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.

    • @turtleninjavampire
      @turtleninjavampire 3 ปีที่แล้ว

      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 🙏

    • @karthickkb5079
      @karthickkb5079 3 ปีที่แล้ว +1

      Very Impressive :)

    • @michellecampbell1671
      @michellecampbell1671 3 ปีที่แล้ว +1

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

    • @conordia6906
      @conordia6906 3 ปีที่แล้ว

      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!

    • @stephanieharrover9926
      @stephanieharrover9926 3 ปีที่แล้ว +1

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

  • @loicjikko
    @loicjikko 3 ปีที่แล้ว +41

    the public speaking skills from this guy is straight out of a textbook: I'm fascinated!

    • @maurozamprognojr7444
      @maurozamprognojr7444 3 ปีที่แล้ว +9

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

    • @iswhatitis4508
      @iswhatitis4508 3 ปีที่แล้ว +4

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

    • @Patrick-ud3vu
      @Patrick-ud3vu 3 ปีที่แล้ว +2

      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.

    • @manassehkisame6286
      @manassehkisame6286 2 ปีที่แล้ว

      Aha!

  • @samirkhairnar
    @samirkhairnar 2 ปีที่แล้ว +2

    Watching this in Oct 2021. Everything he said 4 yrs ago is getting real slowly but surely.

  • @radhikajain15
    @radhikajain15 6 ปีที่แล้ว +16

    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. ✌

  • @MadMaxBLD
    @MadMaxBLD 6 ปีที่แล้ว +75

    Watched several videos and read articles to get a grip on the concept. FINALLY this guy gets it to me in an understandable way!

  • @HICKSJ24
    @HICKSJ24 ปีที่แล้ว +1

    I've watched this video over 12 x already and have been using this to built my company over.

  • @riannadsilva6308
    @riannadsilva6308 5 ปีที่แล้ว +12

    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!

  • @adavari17
    @adavari17 7 ปีที่แล้ว +316

    Finally someone explaining blockchain in the most layman way possible

    • @CrashEtwaru
      @CrashEtwaru 7 ปีที่แล้ว +18

      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

    • @kaijahsamuel1950
      @kaijahsamuel1950 7 ปีที่แล้ว +2

      Well said!!!

    • @CrashEtwaru
      @CrashEtwaru 7 ปีที่แล้ว +19

      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!

    • @maciejmaciata5981
      @maciejmaciata5981 6 ปีที่แล้ว +1

      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.

    • @maciejmaciata5981
      @maciejmaciata5981 6 ปีที่แล้ว +1

      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.

  • @MrRagaUTube
    @MrRagaUTube 6 ปีที่แล้ว +32

    Richie explains a difficult concept without depending on technology and jargon! Simply wonderful! Thank you!

  • @jimviau327
    @jimviau327 6 ปีที่แล้ว +27

    This is the best Ever public speaking overall performance I have seen! Clear, concise, content, charming, bold and most of all, productive.

    • @JL-mk7fs
      @JL-mk7fs 3 ปีที่แล้ว +2

      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.

    • @jimviau327
      @jimviau327 3 ปีที่แล้ว

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

  • @joannebonnett5223
    @joannebonnett5223 2 ปีที่แล้ว +64

    *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,*

    • @georgeedward6246
      @georgeedward6246 2 ปีที่แล้ว

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

    • @georgeedward6246
      @georgeedward6246 2 ปีที่แล้ว

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

    • @melissabrockman6397
      @melissabrockman6397 2 ปีที่แล้ว

      most intelligent words I've heard,

    • @melissabrockman6397
      @melissabrockman6397 2 ปีที่แล้ว

      Crypto is the new gold,

    • @melissabrockman6397
      @melissabrockman6397 2 ปีที่แล้ว

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

  • @switchingzener9351
    @switchingzener9351 6 ปีที่แล้ว +6

    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.

  • @marypetro9381
    @marypetro9381 2 ปีที่แล้ว +72

    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.

    • @caseyholland170
      @caseyholland170 2 ปีที่แล้ว

      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?

    • @karadanielle9324
      @karadanielle9324 2 ปีที่แล้ว

      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.

    • @braingoughnour2384
      @braingoughnour2384 2 ปีที่แล้ว

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

    • @tommybutler5567
      @tommybutler5567 2 ปีที่แล้ว

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

    • @claywilcox6712
      @claywilcox6712 2 ปีที่แล้ว

      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

  • @Honeydear1971
    @Honeydear1971 2 ปีที่แล้ว +1

    My struggle with blockchain was never understanding how it functions. So grateful to find this. Fabulous explanation!

  • @katlinrobinson8912
    @katlinrobinson8912 2 ปีที่แล้ว +6

    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.

  • @NishantBhardwaj777
    @NishantBhardwaj777 6 ปีที่แล้ว +3

    He was not loud, we call it voice modulation and the way you have presented the idea is simply awesome.

  • @thecommanded
    @thecommanded 6 ปีที่แล้ว +1

    This guy is a genius. literally was so unsatisfied with other explanations until now. this makes COMPLETE sense.

  • @irisfrison8398
    @irisfrison8398 ปีที่แล้ว +1

    "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!!!

  • @ghaffarellis
    @ghaffarellis 6 ปีที่แล้ว +4

    If this guy didn't say trust I would turn this window.
    You did the right thing brother.

  • @cryptolanka4109
    @cryptolanka4109 7 ปีที่แล้ว +36

    Now I know how to explain Blockchain technology in layman terms :) .. Excellent presentation Richie.

    • @satyajitsethy657
      @satyajitsethy657 5 ปีที่แล้ว

      Can u explain it here in some lines ?

    • @PolishBehemoth
      @PolishBehemoth 3 ปีที่แล้ว

      @@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.

  • @chimchim90210
    @chimchim90210 6 ปีที่แล้ว +2

    A handful of pithy gems, along with a great graphic on explaining the blockchain with a real world example. Well done.

  • @visweswarbk7611
    @visweswarbk7611 5 ปีที่แล้ว +2

    Absolutely brilliant ! thank you....could not have appreciated this concept in a simpler way !

  • @PeteJones
    @PeteJones 6 ปีที่แล้ว +23

    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

    • @andrewklima9523
      @andrewklima9523 3 ปีที่แล้ว

      Then this is overly simplified 😂😅

  • @lioneltheophilus2151
    @lioneltheophilus2151 3 ปีที่แล้ว +52

    Doubt kills more dreams than failure ever will.
    (Never doubt crypto)

    • @stevewilliams760
      @stevewilliams760 3 ปีที่แล้ว

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

    • @billymark7125
      @billymark7125 3 ปีที่แล้ว

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

    • @greggeorge6711
      @greggeorge6711 3 ปีที่แล้ว

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

    • @kelvinmcdonald5113
      @kelvinmcdonald5113 3 ปีที่แล้ว

      Never doubt the power of crypto, it can do wonders

    • @patienceoluchi5134
      @patienceoluchi5134 3 ปีที่แล้ว

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

  • @tdreamgmail
    @tdreamgmail 3 ปีที่แล้ว +2

    The best blockchain introduction on the internet

  • @werwars1190
    @werwars1190 5 ปีที่แล้ว

    So happy to see that progress in this moving times. New bussines, new working opportiunities, more confidence.

  • @torquilharkness7253
    @torquilharkness7253 6 ปีที่แล้ว +8

    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. :-)

    • @TheRajaSikander
      @TheRajaSikander 4 ปีที่แล้ว +1

      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".

  • @kagelevelofficial
    @kagelevelofficial 6 ปีที่แล้ว +9

    This is really well explained! Very impressed!

  • @AkbarJaffer
    @AkbarJaffer 5 ปีที่แล้ว +1

    Great presentation. Nicely done. He made it very clear that Blockchain in and of itself DOES NOT solve the "trust hole". It needs more.

  • @YSH669
    @YSH669 4 ปีที่แล้ว

    Absolutely brilliant presentation! This tech will bring revolutionary breakthrough in almost every aspects of our society. Thanks to TED and Etwaru for such an amazing presentation

  • @Rayshod
    @Rayshod 2 ปีที่แล้ว +327

    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

    • @maxxggmk
      @maxxggmk 2 ปีที่แล้ว

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

    • @BB-hd7xh
      @BB-hd7xh 2 ปีที่แล้ว

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

    • @samuelfreeman4703
      @samuelfreeman4703 2 ปีที่แล้ว

      Gold's are good but crypto is better

    • @bowmore6938
      @bowmore6938 2 ปีที่แล้ว

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

    • @rio1914
      @rio1914 2 ปีที่แล้ว

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

  • @ikhaldun1325
    @ikhaldun1325 5 ปีที่แล้ว +3

    I really like this eplanation.
    Very simplistic and engaging (IMO).
    Getting ready for my project defence and this talk really helped. Thanks

  • @coolmailsonly2405
    @coolmailsonly2405 5 ปีที่แล้ว

    Simplified explanation, literally. Thank you!!!

  • @gbdfplayer
    @gbdfplayer 3 ปีที่แล้ว

    It's now 4 years after this video was made. I just watched for the first time. Best video ever still and I've been searching for these answers

  • @fahmocali2607
    @fahmocali2607 3 ปีที่แล้ว +120

    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.

    • @lioslima1129
      @lioslima1129 3 ปีที่แล้ว +1

      @Jennifer Donovan you're right ma'am

    • @lioslima1129
      @lioslima1129 3 ปีที่แล้ว

      Bitcoin is really profitable when you
      invest with a professional broker

    • @lioslima1129
      @lioslima1129 3 ปีที่แล้ว

      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.

    • @helenatawiah4699
      @helenatawiah4699 3 ปีที่แล้ว

      @Jeey Lovezee You can say that again 😂

    • @helenatawiah4699
      @helenatawiah4699 3 ปีที่แล้ว

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

  • @douglasford7929
    @douglasford7929 3 ปีที่แล้ว +110

    Making money is the plan and with Bitcoin Investment your plans can be fulfilled

    • @louiscruz9175
      @louiscruz9175 3 ปีที่แล้ว

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

    • @louiscruz9175
      @louiscruz9175 3 ปีที่แล้ว

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

    • @philiphunter4133
      @philiphunter4133 3 ปีที่แล้ว

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

    • @joerice513
      @joerice513 3 ปีที่แล้ว

      I have been scammed severally and it really hurts

    • @joerice513
      @joerice513 3 ปีที่แล้ว

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

  • @richardheason7040
    @richardheason7040 3 ปีที่แล้ว +2

    This is wonderful, at 79 years of age, I fear I am too old to enjoy this revolution which is so enlightening.

  • @jaikishansmspl39
    @jaikishansmspl39 3 ปีที่แล้ว +1

    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.

  • @sfratini
    @sfratini 6 ปีที่แล้ว +32

    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.

    • @AnslingerBertmon
      @AnslingerBertmon 2 ปีที่แล้ว +2

      Exactly my thoughts!!!

    • @sofiasierralord4613
      @sofiasierralord4613 2 ปีที่แล้ว +1

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

    • @patrikjansson1173
      @patrikjansson1173 2 ปีที่แล้ว

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

    • @fcu10
      @fcu10 2 ปีที่แล้ว +1

      @@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?

    • @suhailbhatadam9153
      @suhailbhatadam9153 2 ปีที่แล้ว

      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..

  • @norafundora2201
    @norafundora2201 3 ปีที่แล้ว +104

    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

    • @owenrawung9924
      @owenrawung9924 3 ปีที่แล้ว

      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

    • @shawnpeterson1904
      @shawnpeterson1904 3 ปีที่แล้ว

      I agree with you man

    • @susanclark955
      @susanclark955 3 ปีที่แล้ว

      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.

    • @claytonfaile7199
      @claytonfaile7199 3 ปีที่แล้ว

      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

    • @frankjones8859
      @frankjones8859 3 ปีที่แล้ว

      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

  • @darkmatrix80
    @darkmatrix80 6 ปีที่แล้ว

    Finally someone that actually does explain it in layman's terms, thank you very much

  • @gregorytarei7185
    @gregorytarei7185 2 ปีที่แล้ว

    That was amazing. Thanks for the simplified version. Trust is imperative in this day and age.

  • @hezebelbeing
    @hezebelbeing 7 ปีที่แล้ว +10

    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.

    • @charleslawson4840
      @charleslawson4840 2 ปีที่แล้ว

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

  • @Raqueem
    @Raqueem 6 ปีที่แล้ว +7

    Very well explained, very well presented.

  • @theresadeltufo5054
    @theresadeltufo5054 5 ปีที่แล้ว

    Incredible presentation! Outstanding in terms of clarity of ideas, sparkling delivery and capturing audience attention. WOW!

  • @OnKizomba
    @OnKizomba 6 ปีที่แล้ว

    Great explanation! love the speaker and way he shows how it works and the USEFULNESS! :)

  • @noravenilla1092
    @noravenilla1092 3 ปีที่แล้ว +21

    And time is our most valuable and scarce resource. Keep your time safe by converting it to bitcoin 💪

    • @elizabethwarren4317
      @elizabethwarren4317 3 ปีที่แล้ว +3

      @Hassan Ignatius You are right sir

    • @elizabethwarren4317
      @elizabethwarren4317 3 ปีที่แล้ว +5

      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

    • @ericbelnard6957
      @ericbelnard6957 3 ปีที่แล้ว +2

      Most people don't invest due to ignorance.

    • @Thegavindees0
      @Thegavindees0 3 ปีที่แล้ว +3

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

    • @ericbelnard6957
      @ericbelnard6957 3 ปีที่แล้ว +4

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

  • @cruzininblueshoes9422
    @cruzininblueshoes9422 6 ปีที่แล้ว +3

    Only 2/3 way through the video but I find his presentation and breakdown of the material is extremely good. His slim shady voice does off a bit odd but its an effective way to interrupt the flow of information and refocus the listener on the overall perspective he wants you to keep hold off.........and for me it worked. I think his presentation is very thoughtful of the needs of the listener. Great video.

  • @alexthebold
    @alexthebold 2 ปีที่แล้ว

    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.

  • @witancapitalgroup2071
    @witancapitalgroup2071 6 ปีที่แล้ว +1

    A great presenter's skill is to easily explain a complex subject matter............well done!

  • @gavinralph4042
    @gavinralph4042 2 ปีที่แล้ว +14

    Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating..

    • @glenjay5759
      @glenjay5759 2 ปีที่แล้ว

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

    • @gavinralph4042
      @gavinralph4042 2 ปีที่แล้ว

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

    • @gavinralph4042
      @gavinralph4042 2 ปีที่แล้ว

      @micheal dollin Please how can I reach her?

    • @gavinralph4042
      @gavinralph4042 2 ปีที่แล้ว

      Looking to starting up with $20k

    • @gavinralph4042
      @gavinralph4042 2 ปีที่แล้ว

      Sure, thank you very much

  • @nairreji
    @nairreji 6 ปีที่แล้ว +5

    Excellent. Very Simple & Clear

  • @rihabalmudhayan8290
    @rihabalmudhayan8290 5 ปีที่แล้ว

    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

  • @stephanguidry2334
    @stephanguidry2334 6 ปีที่แล้ว

    MIND BLOWN, I'm literally on the throne watching this right now.

  • @gairarney3289
    @gairarney3289 6 ปีที่แล้ว +9

    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.

    • @CrashEtwaru
      @CrashEtwaru 6 ปีที่แล้ว

      thank you! Let me know if I can help further

  • @Ekitchi0
    @Ekitchi0 7 ปีที่แล้ว +2

    An essential element of blockchains is that you have agents competing to solve a time consuming puzzle. If an entity has to much computing power compared to the rest of the competitors, the blockchain is compromised.
    That makes the number of trust-able blockchains in the world limited.
    I may be missing something but I don't think you can have blockchains used for everything.
    Unless we end up with a few extremely versatile blockchains that can be used for almost everything.

  • @ikeizham
    @ikeizham 6 ปีที่แล้ว +1

    OMG!!! Unbelievable in the first minute of this he described me EXACTLY right now. Love it!!

    • @charleslawson4840
      @charleslawson4840 2 ปีที่แล้ว

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

  • @robertkachroo9698
    @robertkachroo9698 6 ปีที่แล้ว

    Bravo! The tangerine example at the end was an excellent practical example of the concepts. I totally get the power of BC now. Thanks!!!

  • @wrightdaniel5921
    @wrightdaniel5921 2 ปีที่แล้ว +26

    It's impossible as an investor not to experience gains or loss. That's a constant factor in any investment

    • @graciejorge8345
      @graciejorge8345 2 ปีที่แล้ว

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

    • @davisprice556
      @davisprice556 2 ปีที่แล้ว

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

    • @williambrown9786
      @williambrown9786 2 ปีที่แล้ว

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

    • @danielcraig3204
      @danielcraig3204 2 ปีที่แล้ว

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

    • @LarrySmith-bq1ov
      @LarrySmith-bq1ov 2 ปีที่แล้ว

      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

  • @hw6452
    @hw6452 6 ปีที่แล้ว +15

    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?

    • @Mediciousfoods
      @Mediciousfoods ปีที่แล้ว

      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.

  • @devipatel7221
    @devipatel7221 2 ปีที่แล้ว +1

    great explanation !! understanding has increased dramatically from confusion to clarity finally ... Thank You

  • @justadream8178
    @justadream8178 6 หลายเดือนก่อน

    Best explanation of block chain that i could find on internet

  • @MrRavibains
    @MrRavibains 3 ปีที่แล้ว +51

    Wow, he is talking about 2020 and I am watching it in 2021😂😂😂

    • @prankurvats8551
      @prankurvats8551 3 ปีที่แล้ว

      Lol

    • @pogofuzz
      @pogofuzz 3 ปีที่แล้ว

      Same! I feel late to the game.

    • @pquach00
      @pquach00 3 ปีที่แล้ว

      @@pogofuzz same here but better late than never :)

    • @djtall3090
      @djtall3090 3 ปีที่แล้ว +1

      @@pogofuzz ask anyone you know to name 3 altcoins. You are early, act accordingly. best of luck

  • @cirilea5784
    @cirilea5784 3 ปีที่แล้ว +27

    I have been watching some videos and I was thinking about investing, but still don't know where to start from.

    • @thabileyalezo6018
      @thabileyalezo6018 3 ปีที่แล้ว

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

    • @markportillo954
      @markportillo954 3 ปีที่แล้ว

      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.

    • @dannymario1318
      @dannymario1318 3 ปีที่แล้ว +1

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

    • @josesharp6308
      @josesharp6308 3 ปีที่แล้ว

      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.

    • @johnmario513
      @johnmario513 3 ปีที่แล้ว

      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

  • @Antagonistock
    @Antagonistock 6 ปีที่แล้ว +1

    Woah.... A so sophisticated concept explained in a simpler way possible

  • @karishmaagarwal9316
    @karishmaagarwal9316 6 ปีที่แล้ว

    The easiest presentation that I ever got for blockchain. It was absolutely amazing.

  • @cyrusalverson6200
    @cyrusalverson6200 3 ปีที่แล้ว +14

    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.

  • @joanneclare8079
    @joanneclare8079 6 ปีที่แล้ว +13

    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.

    • @CrashEtwaru
      @CrashEtwaru 6 ปีที่แล้ว +4

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

  • @007jpjames
    @007jpjames 3 ปีที่แล้ว

    Hello Richie Etwaru, your way of presentation and your PowerPoint slide clearly made me understand about Blockchain. Thank you for awesome presentation.

  • @lynnmorgan3283
    @lynnmorgan3283 6 ปีที่แล้ว

    I must be the only one left in class left with questions. This is the most complicated explanation I've heard yet.

  • @tumanyangeorge3112
    @tumanyangeorge3112 7 ปีที่แล้ว +27

    " Trust but verify" was used by Lenin in his book.
    Reagan repeated them when he was meeting with Gorbachev.

    • @CrashEtwaru
      @CrashEtwaru 7 ปีที่แล้ว +1

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

    • @alexjanaqi
      @alexjanaqi 5 ปีที่แล้ว +1

      thank you for the comment. didnt know that

  • @quandovoceleroscomentarios9622
    @quandovoceleroscomentarios9622 6 ปีที่แล้ว +3

    BY DURINS BEARD!!! THIS IS GENIUS!!!

  • @scottsimpson2525
    @scottsimpson2525 6 ปีที่แล้ว

    Thank you for the clear and simple explanation of how blockchain is becoming the next great and needed change agent for humanity.

  • @michaelmcgowan4969
    @michaelmcgowan4969 3 ปีที่แล้ว

    In college I had learn how to do public speaking. Know your audience and body language. Your content stage presence was bang on. I learned a lot about block chains. Produced some ideas for my own business idea, and my hope to create a block chain Idea in the hospitality as you referred to in your channel. Thanks for the informative video!!

  • @timothylarsen2425
    @timothylarsen2425 3 ปีที่แล้ว +7

    His tangerine concept at the end just described VeChain

  • @michaelbidu9278
    @michaelbidu9278 7 ปีที่แล้ว +139

    Good, insightful presentation. I recommend it. Trust me!

    • @CrashEtwaru
      @CrashEtwaru 7 ปีที่แล้ว

      thanks mate. looking forward to connecting soon

    • @nickfotopoulos5323
      @nickfotopoulos5323 7 ปีที่แล้ว +31

      "Trust me!"
      Not without a blockchain sir!

    • @CrashEtwaru
      @CrashEtwaru 7 ปีที่แล้ว +13

      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 :-(

    • @dougrobinson2024
      @dougrobinson2024 6 ปีที่แล้ว +6

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

    • @CrashEtwaru
      @CrashEtwaru 6 ปีที่แล้ว +3

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

  • @johnne86sd
    @johnne86sd 6 ปีที่แล้ว

    This was a great Ted Talk, very deep!! A system like this is definitely needed whether it's by Blockchain technology or some other form of it. I think of it as "sand boxing" each ledger into it's own impenetrable container, grouped and housed by a larger container. This seems like a system that can be created by use of Virtual Machines.

  • @dameangelovski7790
    @dameangelovski7790 6 ปีที่แล้ว

    This is the best explanation for the blockchain. Thank you!

  • @petehumiston5478
    @petehumiston5478 6 ปีที่แล้ว +9

    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...

    • @CrashEtwaru
      @CrashEtwaru 6 ปีที่แล้ว +1

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

    • @mickehill
      @mickehill 6 ปีที่แล้ว

      hahahaha lol "thurd record"

    • @user-nc6rn3rd2h
      @user-nc6rn3rd2h 5 ปีที่แล้ว +1

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

  • @AiBetterBusiness
    @AiBetterBusiness 3 ปีที่แล้ว +8

    All I needed to hear is the "Tangerine" analogy to understand the use of the blockchain 🍊🤔

    • @FineBakedPastry
      @FineBakedPastry 3 ปีที่แล้ว

      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.

  • @meshoram
    @meshoram 3 ปีที่แล้ว +1

    It's just awesome. I am yet to see a video that does it so beautifully. I have been struggling to understand blockchain. The moment I finished watching this video was my "Aha!" moment.

  • @Subeg7aryal
    @Subeg7aryal ปีที่แล้ว

    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

  • @marinamom1
    @marinamom1 6 ปีที่แล้ว +10

    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.

  • @majestade2345
    @majestade2345 6 ปีที่แล้ว +3

    Amazing. I was looking for an explanation for blockchains on the trust they represent and you nailed it. Thank you Richie Etwaru!

    • @CrashEtwaru
      @CrashEtwaru 6 ปีที่แล้ว +3

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

  • @hbak1980
    @hbak1980 3 ปีที่แล้ว

    Excellent presentation.... Grasping blockchain far better now!

  • @cincolors
    @cincolors 6 ปีที่แล้ว

    One of the best introductions to Blockchain and PS thank you for the scan code example it was fantastic, it made me realize how this will inevitably be a game changer ..from the Kosher food industry to Organic farming and my personal favorite, the final elimination of BPA ( long overdue) and the list goes on forever.
    Thank you Richie Etwaru , you get a pass for the not so great Eminem impersonation as I almost jumped ship, so glad i stayed on board!
    Cee

  • @andrewmathew8928
    @andrewmathew8928 3 ปีที่แล้ว +3

    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.

  • @harrybenson7801
    @harrybenson7801 2 ปีที่แล้ว +20

    It is estimated that over 40,000 to 300,000 people have made a massive one million dollars in bitcoin pending on the type of broker involved for every investment to yield earning a professional broker should be involved. Mrs katie wallace is a professional broker who manages,handles and gives guidance on investments to get good profit.

    • @tessydickson9836
      @tessydickson9836 2 ปีที่แล้ว

      Wow! its surprising to come across someone acquainted Mrs katie . She has really changed my life.Thanks to my brother who refered me to her, shes one of a kind.

    • @judestones3881
      @judestones3881 2 ปีที่แล้ว

      I invest with Mrs katie too,she charges a 20% commission on profit made after every trading session and thats fair compared to the effort she puts in to make huge profits.

    • @jamesobrien8485
      @jamesobrien8485 2 ปีที่แล้ว

      please can you tell me more about bitcoin trading i want to start trading

    • @sophiaobrien6582
      @sophiaobrien6582 2 ปีที่แล้ว

      Speaking of bitcoin trading, it's the best business in the world right now. I know a couple of friends who make a whole lot of money trading the financial market.

    • @kevingeorge9787
      @kevingeorge9787 2 ปีที่แล้ว

      How can i reach your broker, am little bit confused about forex, i want to start investing.

  • @AndreiaFerreira-yg6wr
    @AndreiaFerreira-yg6wr 5 ปีที่แล้ว

    thank you for this! really helped me understand the logic of it.

  • @shrisundaram7799
    @shrisundaram7799 6 ปีที่แล้ว

    Really well presented. Thank you Richie!

  • @thakares
    @thakares 6 ปีที่แล้ว +8

    Basically blockchain concept comes from linked lists. Use of cryptographic hashes, linked lists further extended to blockchain.