Blockchain : Innovation or Illusion? (Official - Full Documentary)

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Информация о Blockchain : Innovation or Illusion? (Official - Full Documentary)

Название	:	Blockchain : Innovation or Illusion? (Official - Full Documentary)
Продолжительность	:	1.24.59
Дата публикации	:
Просмотров	:	40 rb

At 26:00 You use an old picture, the solana network announced about 6500 tps So, could you explane more about it
Comment from : Phuong Trinh Xuan

⥊ 16: 9917
Comment from : Guilherme Schitz Amaral

Bitcoin isn't crypto, otherwise you're correct but don't confuse sound money with crypto It's an easy mistake to make
Comment from : The 4Bs

Wonder why BlackRock and the rest applied for Bitcoin spot ETF
Comment from : Sandro Kolar

What was the price of bitcoin when this video was published? What is the price today?
Comment from : blue46gt

When i saw the absurd high gasfees i sold all crypto i had and never looked back bullshit system that serves only the people operating the different chains
Comment from : Jeroen

Blockchain is an ILLUSION Michael
Comment from : Luke Westberg

Thanks for confirming I'm not a 30something year old curmudgeon against change
Comment from : innexpresiblemysteriousterrifying

bconsensus/b
Comment from : Andy Anaya

You microwave your potatoes? I feel bad for you man
Comment from : Corbin Fraser

I always looked at this stuff in the old school “if it looks like a fish and smells like a fish…” method Very interesting subject to me I’m glad I never dipped my toes into any of this Thanks for the great video
Comment from : Miles Robertson

this shit's gay, yo
Comment from : christopher knowles

Dude, great work! This is honestly an incredibly well thought out video with plenty of great analysis of the current state of blockchain tech and DLTbrbrThis video made me so much more excited as to what the future of blockchain technology will look like in 10-20 years, with projects like Cosmos (and the IBC protocol), Hedera, ICP and so many more are building out the infrastructure of a generally decentralized and largely immutable and individual owned internet, that allows for humans to own their own data, rather than the centralized parties and governments that currently have the power over all individuals databrbrBlockchain is so much deeper than what you stated here, but you did a truly amazing job at labeling the current pitfalls of blockchain and DLT as it stands today and likely will for multiple more years I appreciate your work, and I enjoy the skepticism You’re keeping the people who build to create a more liberated and power society of individuals, honest brbrBlockchain is a whole lot bigger than money, and if you don’t see the vision now, I hope you will sometime in the future If you think the future of the internet that humans want, includes more centralization and more control by governments and centralized entities like Facebook, Google and Amazon I urge you to look at the political landscape around net neutrality and other social issues brbrThe people want to own their data, I hope you want too as well If you can give me an reason why people will own their data in the future, without blockchain and DLT, I’m all ears
Comment from : Jacob Cook

It's tantamount to a prostestant movement
Comment from : rmeddy1

Lol 'facts', do you obsess progressively more over crypto, the higher it goes and the more you missed out?brAt what point will you admit you are wrong and you made the worst assessment of your life?😆
Comment from : Patrick Roberts

Bitcoin will outlast everyone alive on earth today Shitcoins will come and go
Comment from : D K

Kevin O'Leary, Charlie Kirk, Michael Saylor what a bunch of grifters and morons If they say it you know it's wrong
Comment from : Declan Conroy

loved it
Comment from : GameDev

Really want to thank whoever made this Wish I had seen it a lot earlier, might have saved myself a lot of headaches and some money
Comment from : Steven Romo

Wow just bought more ETH thanks
Comment from : otter_cookies

Excellent Brings simple and accessible arguments to each topic
Comment from : Max Levi

Fun fakt: Satoshi got all right with his Bitcoin protocol and set in stone 2010 At industrial scale it can do all and cheap - compliant way - incl smart contracts Proof see nChain
Comment from : hv_

I understand your frustration regarding this "hype only" technology I usually explain to people: "Can you tell me what is the database technology used by Mastercard or Visa? I guess no, you don't even care So why do you care about this one suddenly?" Time will decimate this useless technology that only serves criminal activities
Comment from : Michaël Vandycke

This is a great video Just one mistake:brthe usual American pronunciation of "kludge" is "klooj"
Comment from : Kevin Cameron

When cbdc arrives, you'll be thankful there's an alternative
Comment from : Otakar Horvath

Tough pill to swallow but it went down
Comment from : Caribbean Crypto Tips

Thank you for this fantastic work !
Comment from : Kenza Bennis

Thanks for telling it like it is Thanks for keeping the math out of it so I can recommend this to my friends who are not technophiles Thanks for real-life examples to make the points clear and concise Thanks for keeping it short (yeah, 84 minutes isn't a tik-tok but this isn't bikini-beach-summer or shuffledance crap either) brbrThank you for taking the time to put together the thoughts, structure the arguments, display the reasoning, and put the truth to the message Also it does't hurt I've been telling people around me not to "invest" in the "crypto gamble" and this is more fuel for that firebrbrOf your list of influencers, Jimmy Kimmel is perhaps the least guilty of them all, and yet, if he pitches it, he's part of itbrbrEhudbrTucsonbrArizona US
Comment from : Ehud Gavron

This is a great video except I noticed you forgot to put your crypto wallet addresses up at the end when asking for support
Comment from : ئۇيغۇرلارنى ساقلاڭ

(NO SHOUTING DO NOT CENSOR) ANY TYPE OF BITCOINS IS CRAP BLOCKCHAIN IS GOOD
Comment from : Michael

Good documentary but perhaps the message is wrong or not relative enough - blockchain isn't inherently bad, it's the tendency of people to exploit its weaknesses for the benefit of the few at the expense of many People have created the illusion, in some other world or in non-polarized community it could be something more - perhaps not even used as a ledger In this world decentralization is good for things people want to share (like movies and music), not for something like money (or something used solely to gain money) because it is bound to become an illusion once critical userbase is reached
Comment from : Amenoum

One aspect that was not really addressed is the value of crypto for anonymity A government trying to suppress certain activities may be thwarted through purchases made using crypto Yes, that can be for the purpose of illegal activities, or it can be for donations, or buying suspicious stuff like prepper gear or ammo etc Otherwise, and profoundly insightful and much appreciated documentary!
Comment from : alabamatoy

I'd pay good money for this guy to have a live debate with Saylor or other crypto heavyweights like Vitalik, etc
Comment from : cryptonaut

Wow, sorry, but this "Documentary" is trashbrJust 10 minutes in it is abundantly clear that the narrator is not neutral and objective, and instead obviously has an axe to grind The style is condescending, obviously just poking fun at the subject, and ridiculing it, using all of the straw-man arguments in the book The examples for experts are Bill Gates (not really an authority in the crypto space) and some other dude who is radically opposed to crypto This is a ridiculously one-sided opinion piece, hardly a documentary, and not a good one at that Can't stomach to watch further after 15 minutes
Comment from : Captain Fantastic

Bayonetta
Comment from : Darren Patterson

This documentary restored my faith in humanity I agree on all you say, except for: crypto is not cryptocurrency
Comment from : Fubar

So rather than actually explain the technology and how things work, you just smear shit all over everything Great hit piece!
Comment from : Skyhawk

1:20 - CEO of BTC Inc? Who the fuck is this scammer and who pays him?
Comment from : Skyhawk

26:00 just to broaden the transaction finalization term on bitcoin (and other POW blockchains) By design transactions on POW based blockchain are never final (probabilistic finality) What that means is that there is always a chance there exist another longer chain of transaction history with more work that will reverse existing transaction(s) Of course with each new block that chance lowers There is also know attack named coin double spend which exploits this mechanism to scam recipient of a coin Bitcoin and other POW blockchains have suffered this very attack in the past
Comment from : Azrus Mike

This is the type of Slashdot content I expect
Comment from : 6Diego1Diego9

god damn
Comment from : Pinoy Crypto

One view to add towards a million views Exemplary work
Comment from : Sanity Check TV

1:14:08 this is a common misconception, read Satoshi's comments on cornering the market, Bitcoin has always been pitched as a get rich quick scheme, continuous deflation is a requirement for security, the coins that miners receive need to continuously go up in value to justify the energy spent This is because as more miners join; less rewards overall are had, and rewards are cut in half every 4 years until there's none left But increases in value are dependent on the limited supply, meaning when mining rewards actually run out the system would need to be able to perform a lot more transactions than is currently possible to make up for it in fees, which takes us back to the blockchain trilemma
Comment from : Elix Exo

1:09:15 Monero fees are extremely low, around $005, with a block time of 2 minutes Litecoin, which is more decentralized and more secure (second only to BTC) has about the same rate, nothing in the conventional banking system can match that (I'm referring to international payments), even when you add converting back to fiat it would still be cheaper and faster to use crypto But yes I understand regulations and all that, that's a fair point, and I understand it's not real money, that's also a fair point
Comment from : Elix Exo

24:39 that's not quite accurate POS is just voting, nodes vote on the validity of a block, the stake is just a barrier to entry Nodes are assigned randomly to different blocks as they appear
Comment from : Elix Exo

Great documentary! I hope it will help many people Thank you!
Comment from : WeShare

over 12,000 views and under 600 thumbs ups Ouch
Comment from : Stephen Boutin

Incredibly impressive researchkudos
Comment from : Alex Sherman

Just wanted to leave a comment to say I love this documentary, it's awesome, and you make a lot of great arguments
Comment from : Jauwn

Fantastic work, thanks!
Comment from : Dan Lieb

Great deep dive thanks for the link! I'm sorry the reddit teenagers are being mean
Comment from : Mar S

Great vid
Comment from : SHADOW MAN

I was under the impression NFTs, or the images/objects themselves, weren't stored on the blockchain but rather a link to said image/object
Comment from : noncasus

Crypto (Blockchain) is for Computer Science is what Flat Earth is for Physics
Comment from : Mohamed Elsherif

This is a great watch Beautifully put together I wish I 'd see this a year ago!
Comment from : osteo_ nick

Great video Except for the woman's voice That was a bit annoyingm
Comment from : Vlorisz

You deserve way more views than this This was a lot of work, and although I don't personally need any convincing, I still deeply appreciate your efforts
Comment from : carrma25

Excellent!
Comment from : jatufin

Wow! You've created a terrific documentary Thanks for explaining Blockchain in such an understandable way
Comment from : Rod Williams

This is right up there with 'Line Goes Up' by Folding Ideas Thanks for putting it together, you are doing the world a great service!
Comment from : Telecastro

Fantastic video Thanks for putting the time and effort in to this! I think the ultimate point you make with crypto just being sold to us by celebrities who will drop it at any second is the strongest point anyone can make brbrIf your technologies biggest advocates are people who you know know nothing about technology, is this more a technology? Or an ideology?
Comment from : jauwn

This made my first time on Covid much more bearable, thx
Comment from : Ninebrains

Blockchain - Strawman or Illusion?brI'm not going to tell you that you don't understand, but you certainly made no attempt at representing honest sides of these debates at all The hypocrisy of a scam documentary calling other things scams with the same methods and loaded rhetoric that it attempts to critique is a good laugh tho I'm buying more btc and eth personally lol
Comment from : sitrips

Now imagine everyone invested in Bitcoin early on We would all be so rich and no one would need to work anymore and we’d live in mansions with housekeepers who also don’t need to work anymore… /s
Comment from : Ninebrains

Here from r/buttcoin Hope I'm early enough
Comment from : Meta Meta

This is great
Comment from : Dorian Hoo

What's the digital alternative to national currencies if bitcoin isn't one? (national currencies lost too much value over time for me to support it)
Comment from : C G

It's 2023, we finally exited the crypto bullshit miasma
Comment from : tpnguyen88

One of the best crypto take downs out there
Comment from : Macwylee

Critically underviewed
Comment from : Khalil Al-Bukhari

The author of this video banned me from r/buttcoin a while back because I called him out when he said that it is easier to transfer gold long distances than it is to transfer bitcoin Take that for what it's worth
Comment from : Zack Smith

Masterpiece! Thank you
Comment from : charlie X

nice one!
Comment from : reddragdiva

Bitcoin not crypto/ time stamps not block chain
Comment from : A Martin

This should be part of the Blockchain courses in all universities right now
Comment from : xsorn

This better be used to educate people at school
Comment from : Sweeping Time

This is it, great video
Comment from : Mitchell Davis

Great video You should take the second part "addressing popular blockchain claims" and make them into separate shorter videos or mini clips for each claim The crypto crowd aren't known for long attention spans
Comment from : M K

Great vid, just a minor correction though You mentioned that one of the things that blockchain is a defining feature of is "fintech" I'm an engineer in the fintech industry and fintech is really just a umbrella term for any technology that revolves around finance, so that would include online banking, cores, P2P (Venmo, Zelle, etc), investing (Robinhood, WeBull, etc), and all other kinds of things Blockchain isn't a defining feature of fintech but rather a pretty small piece of the fintech industry; I've been in the industry for 8 years and have only touched one blockchain product that was extremely niche and imo extremely unnecessary compared to what it was trying to replace
Comment from : psyspoop

Well done
Comment from : Wayne Hamrick

Valid points in this video, however it sounds like you missed out Lots of cutting edge research being done in the space of cryptography and privacy Not all people have access to reliable international banking services Hate on crypto all you want, but it's still easier to transfer 1m USDC internationally than waiting for SWIFT
Comment from : Alexander Lee