Blockchain: Massively Simplified | Richie Etwaru | TEDxMorristown
Рет қаралды 1,823,792
7 жыл бұрынRichie Etwaru, discusses the opportunity and implications of blockchain as a paradigm to slow/chose the expanding trust gap in commerce. He unpacks blockchain to a level of simplicity to be consumed by those that are just starting to understand and explore the paradigm. He lays out a current state of commerce, suggesting that every company is currently at risk of being disrupted or incurring severe strain from a blockchain version of itself.
Professionally, Richie Etwaru is a c-level at a Fortune 500 Company, an author, the owner of international patents, the founder of multiple ventures, an experienced keynote speaker, an angel investor, a member of advisory boards, and a recognized thought leader in the area of digital, technology, and design.
Specific to this TEDx talk, Richie is an adjunct professor of blockchain management at Syracuse University in New York, he has delivered over 100 blockchain keynotes across the world, he has written well read blockchain blogs, he has been interviewed on blockchain in online TV shows, and has advised governments and venture funds on blockchain opportunities.
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
@stephenbates6 3 ай бұрын
Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management
@DavePatrick901 3 ай бұрын
Right, but then proper risk management doesn't guarantee profitable trading. If you want to acquire better trading results emphasize more on trading when liquidity is present. Nevertheless you need to be able to analyze good market entries and exitRight, but then proper risk management doesn't guarantee profitable trading. If you want to acquire better trading results emphasize more on trading when liquidity is present. Nevertheless you need to be able to analyze good market entries and exit
@VictoriaLisa959 3 ай бұрын
Losses are necessary, as long as they are associated with a technique to help you learn from them
@EricMoore158 3 ай бұрын
@@DavePatrick901Identifying good market entries and exit has been a very troubling for me. What does it take to analyze good market entries and exit like you mentioned???
@MargaretGeoffrey 3 ай бұрын
Substantially it takes assistance from an expert to perceive good market entries, demand and supply zone. I don't even worry about market entries and exit since I trade with trading Expert. She runs the risk management and research while I get good earnings through her strategies
@AngelaHunt290 3 ай бұрын
Risk management is one of the most, if not the most, principal component to always look out for
@vincentstewart1843 4 ай бұрын
I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.
@maureen... 4 ай бұрын
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
@maureen... 4 ай бұрын
Google " katefxfloretta " take classes to learn more about trade.
@maureen... 4 ай бұрын
+1786
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@umarazeez3438 2 жыл бұрын
Crypto currency investment is here to stay especially the assest Bitcoin if you can't see at this point it's time you learnt more about it.
@quinnsarah6594 2 жыл бұрын
Accurately spoken, this is the best thing I've heard in a while . You've got my point.
@quinnsarah6594 2 жыл бұрын
You've to understand crypto trading is not magic, the best way to make lucrative trades Is to work with a pro
@josejace7776 2 жыл бұрын
@@quinnsarah6594 You're right man. Thought I learnt that the hard way
@josejace7776 2 жыл бұрын
I lost over 15000 USD when I started trading before I finally heeded to advise and contacted an expert trades for me now
@paulalonso2212 2 жыл бұрын
Something similar happened to me but I didn't lose money. I traded with nothing to show for it until I contacted a pro who trades for me and return profits.
@carter3294 Жыл бұрын
Many people get wealthy suddenly in the Crypto market, while others become destitute over a 20-year period and lose everything. Everyone has their own strategy, risk tolerance, and desired outcome.
@floxydorathy6611 Жыл бұрын
Particularly Bitcoin seems to be particularly erratic at the moment, with some forecasting a crash and others a new all-time high. We'll have to wait and see how things turn out, but for the time being, I'm unable to sell, so I'm still holding
@carter3294 Жыл бұрын
@Phil Stones Stop the panic mate... we are never close to the bottom, stop following the social media young investor, for those that sold in a panic{they can't eat their cake and still have it.} Bitcoin will gradually bounce back.Finding a seasoned certified financial advisor who can educate you on the ins and outs of the market is also advised if you're just getting started. I'm referring to individuals like "CHRISTINE BLAKE MCKALE" as I did.
@michealmccoy9249 Жыл бұрын
@Phil Stones you only lose when you sell , hold for the long term, the market is choppy due to the power struggle in the banking & politics sector , don't be shakened by it , we are all going through this but will come out on top in the end
@SebaxR9 6 жыл бұрын
"Every company in the world today, not just the intermediaries, are at risk of having competition from a blockchain version of themselves" Thanks for this, Richie. Couldn't have put it in a better way. Awesome presentation!
@tterraquente 3 жыл бұрын
Bingo
@bobarnold4435 5 жыл бұрын
As an IT professional who has read the initial papers on cryptography >> blockchain; I can vouch for the importance of this talk by saying that this is the first explanation of the blockchain technology and its ramifications that I've understood. I particularly liked the analog showing historical world changing inventions.
@crilledisst 6 жыл бұрын
I'm saddened by the amount of people who get caught up in silly details and not focusing on the message of this brilliant presentation. Using dynamics or just being plain silly sometimes can really help a listener remember a lecture and god knows that there are plenty of smart but boring lecturers in the world of information technology (and elsewhere too). This was some very serious food for thought and I really hope that more people find this video. I'm getting the book!
@markfintechwire9643 5 жыл бұрын
ditto
@mohabdul1 5 жыл бұрын
well said.
@sunsande 5 жыл бұрын
You are right, but it's hard to listen to a psycho Baptist preacher voice - even when the message is an interesting one. AND ALL MY PEOPLE SAYING HALLELUJAH!
@ddskimmer 4 жыл бұрын
@@sunsande What in "HEAVENS NAME" is your problem!? You are looking at an explanation in layman's terms about a WHOLE NEW PARADIGM OF LIVING for crying out loud! If THAT DOESN'T MAKE YOU GO: "HALLELUJAH!" YOU MIGHT AS WELL BE DEAD! Now...what I fear is and can see the logos of these "Block Chain Tech companies. Scary stuff." Pyramids. Triangle shapes...all occult symbolism. Ethereum has these shapes and a damn gargoyle looking figure in some of its trademarks. Wooo.
@sunsande 4 жыл бұрын
@@ddskimmer My problem is trying to hear a tech talk (nothing about new paradigm of living - just some new tech), but the speaker cries like religious guru and this is annoying. Your problem seems to be more serious - seeing me dead and triangle shapes, occult symbolism ... we are on very different waves man
@aliasjon8320 6 жыл бұрын
Watch at 2X speed , don't keep Earphones at full volume and you can gather valuable insight from this talk. Good content.
@joshuasamuel7610 7 жыл бұрын
I've watched MANY blockchain videos, and collectively they've all helped me grasp the concept. I would actually consider myself an expert by now on all things blockchain. Richie Etwaru has nailed it, it all comes down to TRUST. GREAT JOB RICHIE!!!!!!!
@MadMaxBLD 6 жыл бұрын
Watched several videos and read articles to get a grip on the concept. FINALLY this guy gets it to me in an understandable way!
@HICKSJ24 Жыл бұрын
I've watched this video over 12 x already and have been using this to built my company over.
@radhikajain15 6 жыл бұрын
It's one of my fav Tedx talks, even though it was 22 mins long I didn't get bored for even a single sec. I was struggling to understand block chain but this talk made everything easy. ✌
@CrashEtwaru 3 жыл бұрын
Greetings all. I've learned a ton from some of these comments, thank you for sharing them. On the sudden "volume" increases. The taping/recording of this talk had some (many) glitches, this talk took almost 1.5 hours to record (normally TEDx/TED talks are a single straight recording). I kept having to stop because the camera was not working, then the slides were stuck, then the microphone stopped working. Then the clicker battery died (I was the first speaker, so all the AV bugs were found) I was interrupted (had to stop, back up, and restart mid-sentence) about two dozen times. It was fun, I learned how to keep composure, and not break out into a sweat. LOL When I had to "restart", my energy level and voice levels were different every time as I struggled with composure and frustration :-( Hence, in post-production, I think it was very hard for the editors to "smooth" out my energy and voice.
@turtleninjavampire 3 жыл бұрын
Richie Etwaru all good homie the only critique I really had is just learn to breathe every once in a while 😹 let the message sink in & then continue . At times it felt like I was being overloaded w information but overall it was a very good informative talk & I’m proud of u for pulling thru despite all those hiccups 🙌 I bless your hustle 🙏
@karthickkb5079 3 жыл бұрын
Very Impressive :)
@michellecampbell1671 3 жыл бұрын
Thank you, I needed someone to simplify if for me. I understand it alot better now.
@conordia6906 3 жыл бұрын
Thanks for the video, I had just left a comment about the sudden shouting but in the context of the above it makes more sense. Thanks for breaking it down. Good luck!
@stephanieharrover9926 3 жыл бұрын
Excellent talk. Thanks for keeping it clear and simple. You're the best!
@loicjikko 3 жыл бұрын
the public speaking skills from this guy is straight out of a textbook: I'm fascinated!
@maurozamprognojr7444 3 жыл бұрын
Used the "trick" of suddenly raising his voice too many times.. but it was good.
@iswhatitis4508 3 жыл бұрын
@@maurozamprognojr7444 I noticed those volume intervals and I hated it...3 mins in, leave this comment and I'm gone.
@Patrick-ud3vu 3 жыл бұрын
I had FLASHBACKS to College, when they would TEACH YOU to change the VOLUME in your voice to GRASP the audience. All that was MISSING was large round NUMBERS. Edit: nvm, i just got to that part of the video.
@manassehkisame6286 2 жыл бұрын
Aha!
@MrRagaUTube 6 жыл бұрын
Richie explains a difficult concept without depending on technology and jargon! Simply wonderful! Thank you!
@jimviau327 6 жыл бұрын
This is the best Ever public speaking overall performance I have seen! Clear, concise, content, charming, bold and most of all, productive.
@JL-mk7fs 3 жыл бұрын
I got quiet the opposite. If you’re listening w ear buds in the style is not compatible, the shouting to emphasize points is annoying and distracting.
@jimviau327 3 жыл бұрын
J L you forgot to honour me with a thumb down.
@Rayshod 2 жыл бұрын
Crypto investment is great unlike the stock market and other financial market, crypto has no centralised location since it operates 24hrs in different part of the world
@maxxggmk 2 жыл бұрын
Investing in these economic crisis will be one of the best thing to do
@BB-hd7xh 2 жыл бұрын
You're right I think Gold and Crypto are the best to invest right now☺️
@samuelfreeman4703 2 жыл бұрын
Gold's are good but crypto is better
@bowmore6938 2 жыл бұрын
That won't bother you if you trade with a professional like Mrs hanna macko
@rio1914 2 жыл бұрын
She's obviously the best I invested 2000USD with her and in 9 days I made a profit of 9101USD
@adavari17 7 жыл бұрын
Finally someone explaining blockchain in the most layman way possible
@CrashEtwaru 7 жыл бұрын
Thanks for the note. Yes, I am "hoping" that this can inspire anyone/everyone to be a part of the blockchain venture rush - I believe, everyone has a shot to venture with this paradigm, where as with the internet and cloud only a few had a shot at a venture
@kaijahsamuel1950 7 жыл бұрын
Well said!!!
@CrashEtwaru 7 жыл бұрын
You're welcome. I am hoping that the over simplification makes it more accessible to everyone, so that anyone can be a part of this new paradigm! Lets give everyone a chance to be a part of the change!
@maciejmaciata5981 6 жыл бұрын
Just imagine that the tangerine farmer's books are on blockchain ledger, his accountant business is a blockchain company and all the sales of regulated pesticides are recorded using the same technology. It's still possible that the farmer treated the tangerins with sth someone gifted to him, or that they got sprayed by mistake by his neighbour, but imho the trust gap would be filled well enough.
@maciejmaciata5981 6 жыл бұрын
Guillaume Nani, not necessarily, It would be enough for the farmer to certify all his transactions with block-chain, but I see the room for tampering in that situation. In a nutshell: bigger the network, better the verifying capabilities. The need of privacy in monetary matters comes from lack of trust and even though it's not completely necessary for the system to work, we could benefit greatly from better financial transparency in many fields. At the same time it doesn't need to be total and unlimited. Just to clarify - the farmer doesn't put anything into the block-chain. The information is being added and distributed each time he makes a transaction, that needs to consistent with the other side and rest of the network.
@samirkhairnar 2 жыл бұрын
Watching this in Oct 2021. Everything he said 4 yrs ago is getting real slowly but surely.
@riannadsilva6308 5 жыл бұрын
I don't know what you guys are talking about, I loved it! I don't think I understood what blockchain ''really'' meant before watching this! So kudos!
@switchingzener9351 6 жыл бұрын
I agree the gap that needs to be filled is the one related with TRUST. See this is not a video to watch if you have not done your homework already and know where blockchain technology is. He made his point. Now I see so many hate comments that it would be nice if they link to a presentation of their own to watch how fantastic they are.
@joannebonnett5223 2 жыл бұрын
*GOOD VIDEO; EVERYONE NEEDS MORE THAN THEIR BASIC SALARY TO BE FINANCIALLY SECURED, THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST, MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS,*
@georgeedward6246 2 жыл бұрын
I totally agree with you, the Crypto market is the most profitable venture I ever invest in
@georgeedward6246 2 жыл бұрын
I reached my goal of $500k yearly trade earnings.Setting realistic goals is an essential part of trading.,
@melissabrockman6397 2 жыл бұрын
most intelligent words I've heard,
@melissabrockman6397 2 жыл бұрын
Crypto is the new gold,
@melissabrockman6397 2 жыл бұрын
I'm a huge fan of crypto, I hold some few coins in my wallet.
@Honeydear1971 2 жыл бұрын
My struggle with blockchain was never understanding how it functions. So grateful to find this. Fabulous explanation!
@thecommanded 6 жыл бұрын
This guy is a genius. literally was so unsatisfied with other explanations until now. this makes COMPLETE sense.
@katlinrobinson8912 2 жыл бұрын
Thank you so much! This is the first explanation of blockchain that didn't make my brain hurt.... it made sense to my not-so-tech-savvy brain.
@kagelevelofficial 6 жыл бұрын
This is really well explained! Very impressed!
@visweswarbk7611 5 жыл бұрын
Absolutely brilliant ! thank you....could not have appreciated this concept in a simpler way !
@ikhaldun1325 5 жыл бұрын
I really like this eplanation. Very simplistic and engaging (IMO). Getting ready for my project defence and this talk really helped. Thanks
@lioneltheophilus2151 3 жыл бұрын
Doubt kills more dreams than failure ever will. (Never doubt crypto)
@stevewilliams760 3 жыл бұрын
@okam praise It's a good thing to doubt, but hurt when you doubt the right thing
@billymark7125 3 жыл бұрын
Doubt is an uncomfortable condition, but certainly it a ridiculous one. Lol
@greggeorge6711 3 жыл бұрын
@@nancylynn6534 Crypt0 is the future, investing in it will be the wisest thing to do especially with the current rise.
@kelvinmcdonald5113 3 жыл бұрын
Never doubt the power of crypto, it can do wonders
@patienceoluchi5134 3 жыл бұрын
@@greggeorge6711 Stock is good but crypt0 is better..
@PeteJones 6 жыл бұрын
Blockchain explaniation delivered in the most simplified way. Great video for people still trying to understand what it is and how it's changing the world
@andrewklima9523 3 жыл бұрын
Then this is overly simplified 😂😅
@AkbarJaffer 5 жыл бұрын
Great presentation. Nicely done. He made it very clear that Blockchain in and of itself DOES NOT solve the "trust hole". It needs more.
@chimchim90210 6 жыл бұрын
A handful of pithy gems, along with a great graphic on explaining the blockchain with a real world example. Well done.
@ghaffarellis 6 жыл бұрын
If this guy didn't say trust I would turn this window. You did the right thing brother.
@NishantBhardwaj777 6 жыл бұрын
He was not loud, we call it voice modulation and the way you have presented the idea is simply awesome.
@NestaVision2007 6 жыл бұрын
...dude - HE WAS LOUD!!!
@YSH669 4 жыл бұрын
Absolutely brilliant presentation! This tech will bring revolutionary breakthrough in almost every aspects of our society. Thanks to TED and Etwaru for such an amazing presentation
@Raqueem 6 жыл бұрын
Very well explained, very well presented.
@noravenilla1092 3 жыл бұрын
And time is our most valuable and scarce resource. Keep your time safe by converting it to bitcoin 💪
@elizabethwarren4317 3 жыл бұрын
@Hassan Ignatius You are right sir
@elizabethwarren4317 3 жыл бұрын
speaking of investing, forex trading is the best business in the world right now i know a couple of of friends who make a lot of money weekly trading the financial markets
@ericbelnard6957 3 жыл бұрын
Most people don't invest due to ignorance.
@Thegavindees0 3 жыл бұрын
People are scared of investing because of high rate of scammers on the market.
@ericbelnard6957 3 жыл бұрын
@@Thegavindees0 But of a truth they are scammers but real brokers are out there too waiting for investors.
@werwars1190 5 жыл бұрын
So happy to see that progress in this moving times. New bussines, new working opportiunities, more confidence.
@coolmailsonly2405 5 жыл бұрын
Simplified explanation, literally. Thank you!!!
@fahmocali2607 3 жыл бұрын
Investing in crypto and bitcoin now should be in every wise individuals list, some months later you I'll be ecstatic with the decision you made today.
@lioslima1129 3 жыл бұрын
@Jennifer Donovan you're right ma'am
@lioslima1129 3 жыл бұрын
Bitcoin is really profitable when you invest with a professional broker
@lioslima1129 3 жыл бұрын
Most times having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say forex and crypto trading is one of the profitable money exchange services that elevate investors and their financial status.
@helenatawiah4699 3 жыл бұрын
@Jeey Lovezee You can say that again 😂
@helenatawiah4699 3 жыл бұрын
@Jeey Lovezee Her success stories is written all over the globe 🌍
@cryptolanka4109 7 жыл бұрын
Now I know how to explain Blockchain technology in layman terms :) .. Excellent presentation Richie.
@satyajitsethy657 5 жыл бұрын
Can u explain it here in some lines ?
@PolishBehemoth 3 жыл бұрын
@@satyajitsethy657 block chain is a digital ledger of information. It does not deal with banks or intermediary. Its like writing something down but on a block of information and its chained together.
@darkmatrix80 6 жыл бұрын
Finally someone that actually does explain it in layman's terms, thank you very much
@OnKizomba 6 жыл бұрын
Great explanation! love the speaker and way he shows how it works and the USEFULNESS! :)
@gavinralph4042 2 жыл бұрын
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating..
@glenjay5759 2 жыл бұрын
I've never stopped thanking my friend who introduced expert Nancy to me
@gavinralph4042 2 жыл бұрын
Who is this Expert Nancy everyone is talking about and how do I contact her directly?
@gavinralph4042 2 жыл бұрын
@micheal dollin Please how can I reach her?
@gavinralph4042 2 жыл бұрын
Looking to starting up with $20k
@gavinralph4042 2 жыл бұрын
Sure, thank you very much
@cruzininblueshoes9422 6 жыл бұрын
Only 2/3 way through the video but I find his presentation and breakdown of the material is extremely good. His slim shady voice does off a bit odd but its an effective way to interrupt the flow of information and refocus the listener on the overall perspective he wants you to keep hold off.........and for me it worked. I think his presentation is very thoughtful of the needs of the listener. Great video.
@gregorytarei7185 2 жыл бұрын
That was amazing. Thanks for the simplified version. Trust is imperative in this day and age.
@karishmaagarwal9316 6 жыл бұрын
The easiest presentation that I ever got for blockchain. It was absolutely amazing.
@nairreji 6 жыл бұрын
Excellent. Very Simple & Clear
@marypetro9381 2 жыл бұрын
I pray whoever reads this will be successful, keep fighting for success, the rich stay rich by spending like the poor and investing why the poor stay poor be spending like the rich yet not investing, Roar!! Invest, earn and be successful.
@caseyholland170 2 жыл бұрын
It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path or at least tell me what I'm doing wrong?
@karadanielle9324 2 жыл бұрын
If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key.
@braingoughnour2384 2 жыл бұрын
in a few months or no time people we definitely be kicking themselves regret for missing the opportunity to buy or invest in cryptocurrency.
@tommybutler5567 2 жыл бұрын
If you want to be successful have the mindset of the rich spend less and invest more don't give up your dreams..
@claywilcox6712 2 жыл бұрын
Investment is the quickest path to financial freedom, the rich stays rich by spending like the poor yet Investing while the poor stays poor by spending like the rich yet not investing
@scottsimpson2525 6 жыл бұрын
Thank you for the clear and simple explanation of how blockchain is becoming the next great and needed change agent for humanity.
@rihabalmudhayan8290 5 жыл бұрын
Before watching this talk, I never actually understood what a blockchain is, although I watched many many videos explaining blockchain but never really understood it ,, what a valuable talk, thank you
@hezebelbeing 7 жыл бұрын
Hey, I am a complete noob and not a computer whiz (I just get around) but I am hella excited about Blockchain, Ethereum and Bitcoin - cryptocurrency - decentralization, TRUST, a new and wonderful world eventually...anyway, I see it LOL BUT I did need it spelled-out simply so...GREAT, thank you! I add this talk to my roster. I especially loved it when you got excited and started shouting BLOCKCHAIN ENTHUSIASM for the WIN.
@charleslawson4840 2 жыл бұрын
Thanks for watching For more info, W a t - a p p + 1 3 3 1 2 3 2 3 2 6 4 🇱🇷 🇱🇷
@joanneclare8079 6 жыл бұрын
Fantastic speech. Blockchain is explained in simple terms with visuals that helped me understand. Confident speaker. Humour broke up what is a complex subject and helped give the audience a mental break from intense concentration on this new and mind blowing digital concept.
@CrashEtwaru 6 жыл бұрын
Thank you for the note. Lets help everyone be a part of the paradigm, not not only the privileged!
@gbdfplayer 3 жыл бұрын
It's now 4 years after this video was made. I just watched for the first time. Best video ever still and I've been searching for these answers
@devipatel7221 2 жыл бұрын
great explanation !! understanding has increased dramatically from confusion to clarity finally ... Thank You
@douglasford7929 3 жыл бұрын
Making money is the plan and with Bitcoin Investment your plans can be fulfilled
@louiscruz9175 3 жыл бұрын
@Randy Gibson You don't need to be shocked, cause am also a huge beneficiary of experts Elias Greyson.
@louiscruz9175 3 жыл бұрын
he helped me recover what I lost trying to trade for myself.
@philiphunter4133 3 жыл бұрын
Who's this professional everyone is talking about, I always see his name at top comments on every KZfaq video I watched.
@joerice513 3 жыл бұрын
I have been scammed severally and it really hurts
@joerice513 3 жыл бұрын
Intrested in investing again, but can this Elias Greyson fx be trusted?
@gairarney3289 6 жыл бұрын
This video helped me click on the blockchain concept. Great talk and great insight about what it's applications could be used for other than digital currency. One of the better TEDx videos I've seen.
@CrashEtwaru 6 жыл бұрын
thank you! Let me know if I can help further
@Patrick-ud3vu 2 жыл бұрын
Probably the best video I've seen discussing blockchain!
@meshoram 3 жыл бұрын
It's just awesome. I am yet to see a video that does it so beautifully. I have been struggling to understand blockchain. The moment I finished watching this video was my "Aha!" moment.
@hw6452 6 жыл бұрын
Great presentation. I understand this a lot better. I do have a question though... How can you verify that things weren't added into the chain maliciously or by corrupt individuals? I can see how you can trust that the chain itself hasn't been tampered with, but you can you trust that the individual items in the chain are legitimate? As an example, I'm a company that adds verification blocks to ensure that a tangerine is organic. The tangerine company pays me under the table to push the verification to the chain. So in a way, isn't there still a trust gap in that we need to trust the blocks themselves were placed legitimately?
@Mediciousfoods Жыл бұрын
The solution to this is the concept of a distributed ledger. Even if you could convince one person, you most likely can't convince 100 persons to alter information.
@sfratini 6 жыл бұрын
Interesting talk (well done) but the basic question for me is still unanswered, i.e., how to control (trust) the initial entry into blockchain? I listened to many talks and have read a few books on the topic, and they all ignore this issue. If the party entering an item initially is compromised / corrupt, then having an immutable chain afterward is useless.
@AnslingerBertmon 2 жыл бұрын
Exactly my thoughts!!!
@sofiasierralord4613 2 жыл бұрын
Such a good question!!! Like politics when it all began... in theory, it was/is for the benefit of the people, but in practice?
@patrikjansson1173 2 жыл бұрын
The trusted party signs the entry. Therefor saving the proof that it was the actual trusted party that made the entry.
@fcu10 2 жыл бұрын
@@patrikjansson1173 sorry but who can say that all the used chemicals will be registered in the blockchain, a "Tangerine farmer" may do things at night then what trusted party is there?
@suhailbhatadam9153 2 жыл бұрын
Well in case say you are the fifth or sixth person to get involved in a transaction, then 2nd and 4th person will act as a entity you can trust, provided your mind works in the following manner: You take your decisions considering the risk other persons have put into their and your joint Bussiness..
@witancapitalgroup2071 6 жыл бұрын
A great presenter's skill is to easily explain a complex subject matter............well done!
@dameangelovski7790 6 жыл бұрын
This is the best explanation for the blockchain. Thank you!
@torquilharkness7253 6 жыл бұрын
When someone says "Unhackable" ... it makes me think about the "unsinkable Titanic" :-) Every month we see hacked banks, credit card companies, encryption keys that have been compromised, but they created systems that were unhackable. I really hope that blockchain is a little more robust than our previous attempts at creating a better system, as it solves a lot of issues. :-)
@TheRajaSikander 4 жыл бұрын
The "key" is actually a hash (a code in hexa-decimal number system). And a hash key (for any data) is calculated by advanced algorithms and it is universally unique for any given combination of characters including empty spaces. i.e. If u replaced/change as much as a single full-stop in a document; its hash will change not partially, but COMPLETELY. Consider it as a finger-print of a document. This is what he meant by "unhackable".
@Ekitchi0 7 жыл бұрын
An essential element of blockchains is that you have agents competing to solve a time consuming puzzle. If an entity has to much computing power compared to the rest of the competitors, the blockchain is compromised. That makes the number of trust-able blockchains in the world limited. I may be missing something but I don't think you can have blockchains used for everything. Unless we end up with a few extremely versatile blockchains that can be used for almost everything.
@ikeizham 6 жыл бұрын
OMG!!! Unbelievable in the first minute of this he described me EXACTLY right now. Love it!!
@charleslawson4840 2 жыл бұрын
Thanks for watching For more info, W a t - a p p + 1 3 3 1 2 3 2 3 2 6 4 🇱🇷 🇱🇷
@Antagonistock 6 жыл бұрын
Woah.... A so sophisticated concept explained in a simpler way possible
@majestade2345 6 жыл бұрын
Amazing. I was looking for an explanation for blockchains on the trust they represent and you nailed it. Thank you Richie Etwaru!
@CrashEtwaru 6 жыл бұрын
Thank you, lets make sure its simplified so that everyone can take advantage of it, not just the privileged!
@norafundora2201 3 жыл бұрын
Hello I'm new to bitcoin trade and i have made few loses storing BTC, but recently i see a lot of people earning from it, can someone please give me a new strategy on how to earn
@owenrawung9924 3 жыл бұрын
Bitcoin should be transparent and it isn't as easy as people thinks It is, there are so many strategies to be learnt and unfolded about Bitcoin trading
@shawnpeterson1904 3 жыл бұрын
I agree with you man
@susanclark955 3 жыл бұрын
How does this whole Bitcoin stuff work. I'm interested in it. And willing to invest heavily in it. But I need guidance so I don't loose out.
@claytonfaile7199 3 жыл бұрын
I'm new to trading and my presumption is that I'll be needing an expert to guild one through. But I'm a bit curlous about getting one
@frankjones8859 3 жыл бұрын
You don't need any one to teach you on how to invest your coins. You can make research on your own and start doing it yourself
@tdreamgmail 3 жыл бұрын
The best blockchain introduction on the internet
@stephanguidry2334 6 жыл бұрын
MIND BLOWN, I'm literally on the throne watching this right now.
@michaelbidu9278 7 жыл бұрын
Good, insightful presentation. I recommend it. Trust me!
@CrashEtwaru 7 жыл бұрын
thanks mate. looking forward to connecting soon
@nickfotopoulos5323 7 жыл бұрын
"Trust me!" Not without a blockchain sir!
@CrashEtwaru 7 жыл бұрын
LOL - I cringed when I realized that I said that (as I watched the video for the first time) - its a lot to manage when giving the speeches, and these types of mistakes are kinda hard to completely avoid :-(
@dougrobinson2024 6 жыл бұрын
Actually, he did a terrific job explaining a very complex topic!
@CrashEtwaru 6 жыл бұрын
Doug Robinson thank you sir - it's an opening body of work - viewers should watch other videos after this one as well
@quandovoceleroscomentarios9622 6 жыл бұрын
BY DURINS BEARD!!! THIS IS GENIUS!!!
@jaikishansmspl39 3 жыл бұрын
Excellent presentation. Blockchain simplified. Say, what is Blockchain in a layman's language; this is what this talk did. Reading or listening to other material of Blockchain will be more comprehensible once one has heard this. Blockchain would cause disruption in future. Already, some states in India, are using Blockchain technology in the Land Records Registration departments. Thanks Richie Etwaru.
@hbak1980 3 жыл бұрын
Excellent presentation.... Grasping blockchain far better now!
@cyrusalverson6200 3 жыл бұрын
I started investing on this Bitvest24 platform a month ago. The outstanding and easy explanation of, everything was perfect. The customers service is very good tool. They called me back immediately and they were gentle and helpful.
@harrybenson7801 2 жыл бұрын
It is estimated that over 40,000 to 300,000 people have made a massive one million dollars in bitcoin pending on the type of broker involved for every investment to yield earning a professional broker should be involved. Mrs katie wallace is a professional broker who manages,handles and gives guidance on investments to get good profit.
@tessydickson9836 2 жыл бұрын
Wow! its surprising to come across someone acquainted Mrs katie . She has really changed my life.Thanks to my brother who refered me to her, shes one of a kind.
@judestones3881 2 жыл бұрын
I invest with Mrs katie too,she charges a 20% commission on profit made after every trading session and thats fair compared to the effort she puts in to make huge profits.
@jamesobrien8485 2 жыл бұрын
please can you tell me more about bitcoin trading i want to start trading
@sophiaobrien6582 2 жыл бұрын
Speaking of bitcoin trading, it's the best business in the world right now. I know a couple of friends who make a whole lot of money trading the financial market.
@kevingeorge9787 2 жыл бұрын
How can i reach your broker, am little bit confused about forex, i want to start investing.
@theresadeltufo5054 5 жыл бұрын
Incredible presentation! Outstanding in terms of clarity of ideas, sparkling delivery and capturing audience attention. WOW!
@alexthebold 2 жыл бұрын
A remarkable talk. He took his opening minute to cover what could have been done in 15 seconds. And the subtle references to toilet humor? Excellent. Clearly, this is a professional who values his own time as well as mine.
@britney_david Жыл бұрын
Amazing video, Can you make a video explaining how beginners can make huge profits within a short period of time? I mean I was at a seminar and the host spoke about making well over $880,000 within 4 months of investing $150,000 I just need to know how
@britney_david Жыл бұрын
@miles walker Thank you so much for the recommendation i appreciate
@Jeffrey_Ambrose Жыл бұрын
Annabelle once said" its a big world so think big" didn't get that until a month later on receiving my first 6.2btc
@Jeffrey_Ambrose Жыл бұрын
You can acquire good suggestions for professional training services from a variety of platforms. I tried a few of them out, but Annabelle trading services is far more beneficial to me 💯💯
@salmakenzie6870 Жыл бұрын
But seriously, I think crypto trading platforms really need some talented experts like Annabelle Hartfield for copy trading purposes🤔
@salmakenzie6870 Жыл бұрын
2 months ago i was a complete nobody but here i am making money from future trade by using Annabelle signal
@tumanyangeorge3112 7 жыл бұрын
" Trust but verify" was used by Lenin in his book. Reagan repeated them when he was meeting with Gorbachev.
@CrashEtwaru 7 жыл бұрын
Of course, I learned that form a comment below, good to know!
@alexjanaqi 5 жыл бұрын
thank you for the comment. didnt know that
@justadream8178 6 ай бұрын
Best explanation of block chain that i could find on internet
@007jpjames 3 жыл бұрын
Hello Richie Etwaru, your way of presentation and your PowerPoint slide clearly made me understand about Blockchain. Thank you for awesome presentation.
@marinamom1 6 жыл бұрын
This speaker is an adjunct professor teaching courses in the field while working on a Phd in organizational leadership. He knows how to present well due to practice of the most necessary skill for leaders - effective and engaging public speaking. He has taken a new technology and presented it in clearly understandable terms. The "shouting" is likely effective voice projection to be heard by the audience.
@fredricobona6371 5 жыл бұрын
Are you him?
@petehumiston5478 6 жыл бұрын
12:49 - did he just say "turd record"?! Awesome video, thanks Richie. I think this is the next greatest invention of my (millennial) time, blockchain and crytocurrencies. Those who hate on either or just simply don't understand or are too lazy to want to understand. Time will tell...
@CrashEtwaru 6 жыл бұрын
Pete thank you for the note - let's start a revolution where everyone (or anyone) can participate!!!
@mickehill 6 жыл бұрын
hahahaha lol "thurd record"
@user-nc6rn3rd2h 5 жыл бұрын
To be sure. Its his Irish ancestry rising to the surface lol.
@AndreiaFerreira-yg6wr 5 жыл бұрын
thank you for this! really helped me understand the logic of it.
@sheeraz1022 6 жыл бұрын
This is the best way of explaining about BlockChain.
@wrightdaniel5921 2 жыл бұрын
It's impossible as an investor not to experience gains or loss. That's a constant factor in any investment
@graciejorge8345 2 жыл бұрын
Bitcoin holds a value greater than any form of money ever invented/created.
@davisprice556 2 жыл бұрын
Minimizing your loss and maximizing your gains is what's important in sustaining a business, long term.
@williambrown9786 2 жыл бұрын
To those who invested early in bitcoin and held on to it. I consider them visionaries... Rich and lucky too
@danielcraig3204 2 жыл бұрын
Most interesting thing about bitcoin is that it represents a whole legion of adventures and entrepreneurs of risk takers, investors and problem solvers
@LarrySmith-bq1ov 2 жыл бұрын
Bitcoin is one of the most viral concepts I've ever encountered that's why an expert is recommended for trading to benefit investors around the world
@timothylarsen2425 3 жыл бұрын
His tangerine concept at the end just described VeChain
@xolaniblose8993 3 жыл бұрын
Indeed
@joshedwards8160 3 жыл бұрын
👌
@mahakbarjatiya007 6 жыл бұрын
TY ...NOW I UNDERSTOOD THE PURPOSE OF BLOCKCHAIN TECHNOLOGY
@robertkachroo9698 6 жыл бұрын
Bravo! The tangerine example at the end was an excellent practical example of the concepts. I totally get the power of BC now. Thanks!!!
@wardgray3668 3 жыл бұрын
Paul Shahrim has developed a thorough understanding of the financial market which helps clients to invest wisely. In every field, his expertise grows year by year
@jaakkoaleksi3265 3 жыл бұрын
My investment is always secured with Mr Paul Shahrim I am so happy to hear people speak good of him.
@carolinaanderson2232 3 жыл бұрын
I do recommend newbies to set up account under Paul Shahrim
@danqaf7186 3 жыл бұрын
Scam
@thakares 6 жыл бұрын
Basically blockchain concept comes from linked lists. Use of cryptographic hashes, linked lists further extended to blockchain.
@novastar5564 Жыл бұрын
video still amazes me. ive watched it a few times and its his presentation and information that has allowed me to really get a great foundation of this new tech. ive tried watching other popular youtubers in the crypto space and they have not really explained it this way!
@martinusapplegreen 3 жыл бұрын
Thank you for simplifying the concept blockchain. Great content for newbies
@cirilea5784 3 жыл бұрын
I have been watching some videos and I was thinking about investing, but still don't know where to start from.
@thabileyalezo6018 3 жыл бұрын
I have heard alot about forex and bitcoin watched multiple video but always get confused 😕
@markportillo954 3 жыл бұрын
It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.
@dannymario1318 3 жыл бұрын
I want to start too but i don't know how..
@josesharp6308 3 жыл бұрын
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
@johnmario513 3 жыл бұрын
That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts
@charleslapson5219 3 жыл бұрын
Why not invest in cryptocurrency while you learn how to buy. Bitcoin can be very confusing but my recent in trade on XNG/USD on a natural gas some other currency pairs, with expert Stacy Griffin on this trade I have made my profit.
@mariaprice4725 3 жыл бұрын
Nice words especially with the current rise
@ericwood4794 3 жыл бұрын
I we recommend anyone in need of a reliable broker to make money, Stacy Griffin has been the one trading for me
@victorrichardson6437 3 жыл бұрын
I'm shocked someone just mentioned and recommended Stacy Griffin, all thought she's a nice woman
@sapiloogheneochuko2246 3 жыл бұрын
I thought I'm the only one that know her, I have lost huge amount of money trying to trade on my own, also got scammed before but today Stacy Griffin has helped me recovered all the losses
@gavimitchell6193 3 жыл бұрын
Hello anyone there?
@michaelmcgowan4969 3 жыл бұрын
In college I had learn how to do public speaking. Know your audience and body language. Your content stage presence was bang on. I learned a lot about block chains. Produced some ideas for my own business idea, and my hope to create a block chain Idea in the hospitality as you referred to in your channel. Thanks for the informative video!!
@kannank7313 6 жыл бұрын
Massively simplified explanation and mesmerizing tone.
@AiBetterBusiness 3 жыл бұрын
All I needed to hear is the "Tangerine" analogy to understand the use of the blockchain 🍊🤔
@FineBakedPastry 3 жыл бұрын
When I see these blockchain tangerines, I will buy a box, eat the organic tangerines and stuff the box full of fake oranges instead. When my chimney falls apart, I will get the inspector to overlook the cracks by slipping him a Benjamin. The hand waving magic of blockchain doesn't actually solve anything at all.
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