I really appreciate your efforts! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
I agree with many things they say. But eventually everything you want secured will be on Bitcoin. Not on any other unsecure crypto blockchain with counter parties. Bitcoin chose decentralization and security. No other crypto can compete with that. But everything can be on Bitcoin blockchain as Bitcoin is built in layers as internet is. I guess these guys are heavily invested in crypto and therefore love the broader crypto space. Sure crypto will come up with stuff fast (and break stuff) but everything they make up will be more secure on Bitcoin.. so just a matter of time before it comes to bitcoin. It’s just a question of “do you want secure or pretty secure”..”eh I think I’ll go for secure thank you “
In principle that makes sense but in practice centralized blockchains have utility for the time being unless similar infrastructure is built on top of bitcoin. For example, stable coins are incredibly valuable to people in 3rd world countries. Yes, there’s a chance the centralized blockchains they’re hosted on shut down but they cannot get a US bank account and even those who can are more restricted on how they can transact within the banking system than on a centralized blockchain. Good software doesn’t build itself so it could be we end up in a world where some good tools are developed on centralized blockchains and they exist as an alternative to the centralized fiat system because of its added flexibility the banking system will never offer.
There's only 1 blockchain that's provably decentralized and provably secure and entirely open to all. The "crypto" stuff is not any of those. Bitcoin is BOTH the money AND the blockchain, they don't exist without each other.
WISH WE HAD A VIDEO VERSION OF THIS
th-cam.com/video/lkjWlUr4Kjg/w-d-xo.html
@@maxbrych7354you're the man!
Also 2018?? Just noticed that, thanks🙏👍
it's taken from a video lol
Omg. Too short! We deserve 8 hours minimum
i wish there were 5 like buttons.
Set up burner accounts and use them to like the video.
Ok you both of the leading futurists talking … SOLD
Titans!!!
Aaaaahhhhhh I love these guys
I really appreciate your efforts! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
This is great.
When was this recorded?
More discussions like this
Naval opens with networks, but what he describes are more like hierarchies.
Auger? Zcash? This is from 2016...
part 1 of 10
How tf did I miss this
I agree with many things they say. But eventually everything you want secured will be on Bitcoin. Not on any other unsecure crypto blockchain with counter parties. Bitcoin chose decentralization and security. No other crypto can compete with that. But everything can be on Bitcoin blockchain as Bitcoin is built in layers as internet is. I guess these guys are heavily invested in crypto and therefore love the broader crypto space. Sure crypto will come up with stuff fast (and break stuff) but everything they make up will be more secure on Bitcoin.. so just a matter of time before it comes to bitcoin. It’s just a question of “do you want secure or pretty secure”..”eh I think I’ll go for secure thank you “
In principle that makes sense but in practice centralized blockchains have utility for the time being unless similar infrastructure is built on top of bitcoin. For example, stable coins are incredibly valuable to people in 3rd world countries. Yes, there’s a chance the centralized blockchains they’re hosted on shut down but they cannot get a US bank account and even those who can are more restricted on how they can transact within the banking system than on a centralized blockchain. Good software doesn’t build itself so it could be we end up in a world where some good tools are developed on centralized blockchains and they exist as an alternative to the centralized fiat system because of its added flexibility the banking system will never offer.
I feel bad for the "boy in Bangladesh". Everyone talks of him!
LOL. Zuck will sell you for a .10$ click add. >.<
So far everything this man said checks out.
Bitcoin yes, everything else is going to zero
goats
!!!
There's only 1 blockchain that's provably decentralized and provably secure and entirely open to all. The "crypto" stuff is not any of those. Bitcoin is BOTH the money AND the blockchain, they don't exist without each other.
Xrp will be that bridge reserve currency
BITCOIN NOT BLOCKCHAIN.
BLOCKCHAIN NOT BITCOIN!
BITCOIN AND BLOCKCHAIN BUT NOT SHITCOINS*** Lol
blockchain has uses outside of BTC, but BTC is the only perfect money we have.
Gay
How do you still not know how to pronounce Balaji’s name? So cringeworthy and disrespectful
YHIS IS SIX YEARS OLD🖕
Balaji, don't talk up India. the rods are shit...and it's too crowded...just be real
What are you thinking about roads in my area are great and they are getting better and better day by day.
computers can't be creative? ummm...... lmao
Naval is on the wrong side of the history here! Time will show!