Blockchain, the future of money | Nicolas Cary | TEDxManchester
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
Do your research, blockchain technology is beautiful. It is the future
So? He is also saying the same.
True💯
This is one best way to end usury and the abuse of money in all third world
This is the best Talk that I've seen on this, and I've watched more that a few. Fantastic job!
all thing's have pros and cons so why would the bit coin be any different.
Awesome talk!
How is it most of the blockchain vids I find are all 2017... anyone 2019?
2020: Hold my beer.
Good work
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.
Does you comment still hold true apart from the volatility. But then again the British sterling lost 20% after brexit.
@@razorblade7408 Still true, and the globalist central bankers will ban it if BTC gets serious. Then the value is zero.
He sent an email to her mother in her birthday! 😱
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.
It is tied
hello sir! can I talk with you once ?
Who bears the cost of maintaining the ledger in Bitcoin? Like for credit card it is charged by intermediary for maintaining the ledger.
Sanjay by virtue of the record being duplicated innumerable times there is no cost. "blockchain"
His braided belt bothers me
@12:12 Jesus, I just wanted some beer....
Lol 😂
At Nicolas Cray sir I urgently need your help sir
but i have direct deposit. Ol' ball and chain with Chase.
When ??
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.
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.
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.
Yeah that’s pretty cool but some terms are applied
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
DLT that is facilitated by blockchain is not sustainable. Humans cannot afford that, even though we badly need it and want it.
Really what you think?
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
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
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 KZhead 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.
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
ZERO..... ZERO