Why You Should Care About Cryptocurrency & Digital Assets | Ben Simpson | TEDxCecilStreet
There are 10,000+ Cryptocurrencies. What do they all do? And why should you be paying attention to them right now? Ben is on a mission to democratise crypto education and wealth to millions. He is a founder and CEO of a pioneering and rapidly growing Web3 education and research platform. Originally born and raised in Tasmania, he is a passionate entrepreneur who loves being at the forefront of cryptocurrency and solving the most challenging problems that scale-ups face today.
Ben's personal mission is to one-day help provide basic financial education to millions around the world and believes his work is a key step towards doing so. When he's not busy building, he can be found playing golf, watching sports, listening to a business podcast, drinking coffee or reading. 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
GREAT HONEST DESCRIPTION
Well done 👍🏻, I just invested into Coinbase, this help me understand more of my decision making.
Hello, Ben! 😀 That all sounds really interesting 😊 It must be really cool and rewarding to be able to help so many people expand their knowledge and understanding of crypto currencies in such a unique way! I've never really thought much about how crypto currencies work, and what kind of technologies there are behind them, so it's really fascinating to hear about them from someone who really cares about helping others understand these new technologies 😊 Have you always been interested in the information technology aspects of your work, or did you gradually develop an interest and learn more about it as you went along?
This is a very simple way to explain it. Kudos. The only thing I am skeptical about is gaming. When the game ends, whatever you own also becomes worthless so I don’t get that side of the argument. Forex, payment etc I get. And I also like the blockbuster/ Netflix comparison better than saying it’s the new internet. Blockchain iterates and improves on existing systems such as banking, lending, borrowing but it’s not the revolution we are with the internet that gave us connectivity and social media. I might be wrong though.
I would say the Blockchain revolution is to Internet what Internet was to electricity. Back then, we could have said "Internet is just electricity", as we could say today "Blockchain is just data over the Internet". With blockchains in gaming, digital assets (your character, an item, your player identity, etc.) are your very own. It means that you can keep it as long as you want (the game developer can't keep it from you or tamper it), you can dispose of it, you can sell it wherever you want, etc. You can even use it in another game or platform. So yes, you are right: if the original game ends and your digital asset (carried by a NFT) has no other use, it will be worthless. But you can build around it. The digital asset is "open", meaning anyone can read it and interact with it in the blockchain ecosystem. That's what we call "interoperability" : every app/game built on blockchain with digital asset can be integrated with any other app on blockchain.
Regarding gaming, you should think of it more in multiplayer modes. For instance, imagine you are playing an online first person shooter game. You can earn/find rare skins, armors, weapons and then sell them at a high price. Also there are games where you can buy and sell land where players can build or rent. Anything that could have value to another player can be sold. The possibilities are endless.
Well done Benny, hitting winners in a limited amount of time mate.
Thanks mate, was tough in 12 minutes and no slides. Hopefully the message landed!
Yeah, good work mate. 👍
Thanks mate !
Good stuffs the importance and relevance of crypto in our world 🌎 today should really inspire one into investment today to secure a better tomorrow because it will keep appreciating, as the case maybe the higher cost of living should also be a reminder that ons should make a proper plan ahead of tomorrow for the very best.
Wow,so relevant I really appreciate you putting up these here, you know information like this should create awareness to beginners and encourage people to take up the future with everything they've got in them.❤
Investment should be like a top priority for the sake of the future and a better living
Irrespective of your earnings one should be able to set out funds and think of taking over the future by investing or trading the untold truth is that crypto will always make sense no matter the change and market strategies.
It will be a heart breaker cenero to build an investment plan but without appropriate or total avoidance of losses due to lack of adequate background and guidance therefore one should consider these as being very important and base for a good and progressive investment plan hoping to yield good benefits too
I actually invested in my first fund I made out of the contract I was handling . Due to the good information that was available and the pains I went through the risk I was about taking I had to adhere to all information, researching and reading journals and the process became very easy thanks to Bianca Harley Doran a broker with good strategies to penetrate the market. And today I have made much gain out of her guidance and counseling
Is this the same Ben Simpson from Bitplam?
I totally agree with what you are saying ....The fact is, BITCOIN is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading with Mr Bernie doran has been going smoothly for me, i started with 0.5 BTC and i have accumulated over 5.5BTC in just three weeks, with the trading strategy given to me by expert trader BERNIE DORAN, if you are new to cryptocurrency, reach out to him
What’s apP info
+1424
285
0682