Blockchain, the future of money | Nicolas Cary | TEDxManchester

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  • čas přidán 18. 04. 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

Komentáře • 58

  • @patrickyoung1818
    @patrickyoung1818 Před 6 lety +40

    Do your research, blockchain technology is beautiful. It is the future

  • @bonnieowens9531
    @bonnieowens9531 Před 6 lety +5

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

  • @pauloyih1
    @pauloyih1 Před 5 lety +4

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

  • @maxpower1337
    @maxpower1337 Před 6 lety +10

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

  • @megadavids1
    @megadavids1 Před 6 lety +4

    Awesome talk!

  • @RichardOpokuEngineer
    @RichardOpokuEngineer Před 4 lety +6

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

  • @rastaman6575
    @rastaman6575 Před 6 lety +1

    Good work

  • @FighterFred
    @FighterFred Před 6 lety +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 Před 2 lety

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

    • @FighterFred
      @FighterFred Před 2 lety

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

  • @FabricioVargas91
    @FabricioVargas91 Před 6 lety +5

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

  • @SamvadSoul
    @SamvadSoul Před 6 lety +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 Před 6 lety +1

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

  • @networkteacher1
    @networkteacher1 Před 6 lety +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.

  • @rdormer
    @rdormer Před 4 lety +2

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

  • @thuglifevideos9598
    @thuglifevideos9598 Před 5 lety +2

    hello sir! can I talk with you once ?

  • @misterjaypeasmith
    @misterjaypeasmith Před 4 lety +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

  • @JimmyKn1ves
    @JimmyKn1ves Před 6 lety +6

    His braided belt bothers me

  • @jabeles1
    @jabeles1 Před 7 lety +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 Před 5 lety +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.

  • @emmahmafalla9185
    @emmahmafalla9185 Před rokem

    At Nicolas Cray sir I urgently need your help sir

  • @satellite7391
    @satellite7391 Před 5 lety +1

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

  • @rammani7170
    @rammani7170 Před 3 lety +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 Před 2 lety

      Yeah that’s pretty cool but some terms are applied

  • @thedeacon365
    @thedeacon365 Před 3 lety +1

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

  • @lancsFrogger
    @lancsFrogger Před 6 lety +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 Před 2 lety +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 CZcams 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.

  • @jamesdavies6120
    @jamesdavies6120 Před 6 lety +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

  • @elmerrecinos6165
    @elmerrecinos6165 Před 2 lety

    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 Před 3 lety

    ZERO..... ZERO