Blockchain, the future of money | Nicolas Cary | TEDxManchester

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  • Опубликовано: 18 апр 2017
  • People spend their entire lives in pursuit of money, but many individuals do not really understand what creates value. Nic's presentation will explore the history of money, look at recent historical technical and social trends, and look toward the future to better understand what the future holds.
    Serial entrepreneur and technologist Nicolas Cary is the co-founder of the leading Bitcoin software company Blockchain.
    Blockchain has over 8 million users, and announced an outside capital round of over $30.5million in 2014, raised from several leading venture capital firms. Nicholas travels the world speaking on the benefits of FinTech and entrepreneurial advocacy, and won the 2015 European Digital Leader of the Year award for his work.
    Before spending a decade building and growing startups, Nicolas taught English and participated in poverty reduction programmes in rural India. He believes his journeys around the world have informed his work as a businessman and founder.
    This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at ted.com/tedx

Комментарии • 55

  • @pauloyih1
    @pauloyih1 5 лет назад +4

    This is one best way to end usury and the abuse of money in all third world

  • @RichardOpokuEngineer
    @RichardOpokuEngineer 4 года назад +6

    How is it most of the blockchain vids I find are all 2017... anyone 2019?

  • @maxpower1337
    @maxpower1337 6 лет назад +10

    all thing's have pros and cons so why would the bit coin be any different.

  • @bonnieowens9531
    @bonnieowens9531 6 лет назад +5

    This is the best Talk that I've seen on this, and I've watched more that a few. Fantastic job!

  • @megadavids1
    @megadavids1 6 лет назад +4

    Awesome talk!

  • @FighterFred
    @FighterFred 6 лет назад +2

    I like his enthusiasm. Problem is that BTC and so on are hardly any storage of value due to the huge volatility. And then there is the problem of scale that he didn't bring up at all, BTC is able up to a few dozen transactions/sec whereas VISA handles thousands every second. Then there is the problem of key storage, he didn't mention that either. And the forex market is well and alive and transacts 5.000 billion USD every day.

    • @razorblade7408
      @razorblade7408 3 года назад

      Does you comment still hold true apart from the volatility. But then again the British sterling lost 20% after brexit.

    • @FighterFred
      @FighterFred 3 года назад

      @@razorblade7408 Still true, and the globalist central bankers will ban it if BTC gets serious. Then the value is zero.

  • @rastaman6575
    @rastaman6575 6 лет назад +1

    Good work

  • @rdormer
    @rdormer 4 года назад +2

    @12:12 Jesus, I just wanted some beer....

  • @FabricioVargas91
    @FabricioVargas91 7 лет назад +5

    He sent an email to her mother in her birthday! 😱

  • @SamvadSoul
    @SamvadSoul 6 лет назад +2

    Who bears the cost of maintaining the ledger in Bitcoin? Like for credit card it is charged by intermediary for maintaining the ledger.

    • @BillyMack48
      @BillyMack48 6 лет назад +1

      Sanjay by virtue of the record being duplicated innumerable times there is no cost. "blockchain"

  • @thuglifevideos9598
    @thuglifevideos9598 5 лет назад +2

    hello sir! can I talk with you once ?

  • @JimmyKn1ves
    @JimmyKn1ves 6 лет назад +6

    His braided belt bothers me

  • @networkteacher1
    @networkteacher1 6 лет назад +3

    Rather than create new crypto coinage, why not just tie a crypto to an existing standard such as the 'dollar' or 'euro'? I don't see where current crypto-currencies are tied to anything but themselves. Having an e-version of existing currencies using blockchain would enable the same advantages using a familiar, easily understood value. Telling me I need to pay .000034 bit coins for a loaf of bread does not allow me to instantly know whether I paid too much or too little.

  • @emmahmafalla9185
    @emmahmafalla9185 Год назад

    At Nicolas Cray sir I urgently need your help sir

  • @satellite7391
    @satellite7391 5 лет назад +1

    but i have direct deposit. Ol' ball and chain with Chase.

  • @misterjaypeasmith
    @misterjaypeasmith 4 года назад +1

    Great video. Barter never really took place though. It was more the creation of debt.
    You gave me 4 chickens last week. I owe you 4 chickens worth of value. Let’s wait until that gets to 10 which is worth my goat. Etc

  • @rammani7170
    @rammani7170 3 года назад +1

    The real problem is that currency is not something that the Governments of the world will just give away like anything. It impinges into the sovereignty of the country. I'll buy Blockchain money but only the cryptocurrency which the government recognises as legal tender.

    • @nicolascary3676
      @nicolascary3676 2 года назад

      Yeah that’s pretty cool but some terms are applied

  • @thedeacon365
    @thedeacon365 3 года назад +1

    DLT that is facilitated by blockchain is not sustainable. Humans cannot afford that, even though we badly need it and want it.

  • @jabeles1
    @jabeles1 7 лет назад +4

    sounds great but what about the risks or ability to convert for goods and services? hacking? theft of assets or personal information? currency fluctuations? stability? government or regulatory protections? i don't expect all of this to be solved overnight, and i think digital or block chain is perhaps a foregone conclusion over time. but eliminating all or most of these risks in the short or medium-term is necessary before it all goes maintstream.

    • @MrNeandertalaren
      @MrNeandertalaren 5 лет назад +1

      You basically are your own bank so you have 100% responsibility for your cryptocurrency and without any insurrance.
      Its very easy to just store it offline and keep the codes in a safe secure locker either at home or in a banksafe, you can keep 1000$ worth of crypto online for purchases etc but the rest should be offline like a capital account on the bank.

  • @jamesdavies6120
    @jamesdavies6120 6 лет назад +1

    Because if we spend spend spend our lives become developed by our pay...you manager may make more money he just buys better furniture hes still broke

  • @lancsFrogger
    @lancsFrogger 6 лет назад +2

    talk about the "future of money" by someone who doesn't seem to know much about the past & present of money!!!
    he should read "Web of Debt" (by his fellow american Ellen Brown) before giving any more money-based presentations

    • @geralddecosta320
      @geralddecosta320 2 года назад +1

      Actually Ellen Brown's work (specifically the solution) is flawed too. You need to read books by E.C. Riegel, Merrill Jenkins, Sr. ("Money": The Greatest Hoax on Earth) and watch videos of Economic Myths and the Science of Deceit by Bruce G. McCarthy on RUclips and Bitchute. He exposes the Ellen Brown camp and others. Public Service Announcement from someone who has deep-dived in monetary theory, alternative currencies and monetary history since 1985.

  • @elmerrecinos6165
    @elmerrecinos6165 2 года назад

    No inviertan, solo son mentiras no les van a depositar nada, solo les esta pidiendo dinero tras dinero y le dicen que ya casi depositan pero solo es humo

  • @fuzzyflick9905
    @fuzzyflick9905 3 года назад

    ZERO..... ZERO