Will crypto and blockchain be the downfall of the state? | Decoded

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Al Jazeera English

Al Jazeera English

9 ай бұрын

For centuries, banks and governments have acted as mediators between citizens and their money, granting institutions immense power over our financial transactions.
But times are changing. Enter the Blockchain, a new way of recording and securing transactions that promises to bypass the traditional custodians of our wealth.
But how does Blockchain work exactly, and is it going to cause a revolution?
For better or worse, we’re living through a huge moment in history as the world shifts towards digitisation and decentralisation, centuries after the Industrial Revolution brought about immense progress.
In this episode, adapted from the Arabic-language series Dahaleez, Amr Waked explores the power and potential dangers of the Blockchain.
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Пікірлер: 80
@aluisious
@aluisious 9 ай бұрын
Betteridge's law of headlines: if the headline is posed in the form of a question, the answer is no.
@learning_with_irving4266
@learning_with_irving4266 8 ай бұрын
Axiomatic Proof
@camzcamara367
@camzcamara367 8 ай бұрын
Watching this program always gives me more and more understanding of world we live and also how complicated it is.
@awolpeace1781
@awolpeace1781 9 ай бұрын
Just don't trust them all
@XxTheAwokenOnexX
@XxTheAwokenOnexX 9 ай бұрын
Cash Is King
@muslimswillriseifweeducate3357
@muslimswillriseifweeducate3357 9 ай бұрын
Amr is back 💙
@AI-art-makers
@AI-art-makers 9 ай бұрын
Packing my crypto bags
@simonkaggwanjala
@simonkaggwanjala 9 ай бұрын
Betteridge's law (of headlines) is an adage that states "Any headline that ends in a question mark can be answered by the word no." The sweeping generalization refers to the poor journalistic practice of writing sensational headlines in the form of a question in order to compensate for the author's lack of facts.
@letssolvescience9666
@letssolvescience9666 8 ай бұрын
Ascent Exchange is a ve(3,3) DEX that masterfully adapts Andre Cronje's initial vision of Solidly & Thena's Deployment on BNB Chain
@HellCatLeMaudit
@HellCatLeMaudit 9 ай бұрын
Peer to peer transactions are all good until someone decides to not play by the rules. Civilizations began when people trading with each other---making agreements with each other---realized there is always a need for a strong entity to enforce the agreements. That strong personality eventually became King.
@freedomfighter4990
@freedomfighter4990 9 ай бұрын
And once transactions involved exchanging currency rather than hard goods, it became easy for greedy people with low morals to cheat the person they were doing business with. Crypto is for crooks -- who else needs to buy & sell without any governing body knowing about it?
@owninthefoam6500
@owninthefoam6500 9 ай бұрын
And now we have the blockchain's protocol to set and enforce the rules, no need for other entities.
@HellCatLeMaudit
@HellCatLeMaudit 9 ай бұрын
@@owninthefoam6500 , blockchain didn't stop Mashinsky and SBF. It was the government, who is supposed to be made obsolete by autonomous organizations, who did.
@SgtGoodenough
@SgtGoodenough 9 ай бұрын
Look at the Libra’s failure for insight into big tech interests for cryptocurrencies and the hurdles they’ll need to clear. For an interesting reflection on technological progress, I’d suggest reading “the abolition of man” by C. S. Lewis.
@SH-bw5fx
@SH-bw5fx 8 ай бұрын
Governed ? Yes But of an other type ? Yes Unregulated ? Never
@prakritighodki1192
@prakritighodki1192 9 ай бұрын
Thanks Al Zazeera team for new valuable update. 🙏
@Uthman_al_shammy
@Uthman_al_shammy 9 ай бұрын
Strange thing is needing a mechanic when you're stuck in the sand!!! 🤔🤔
@AI-art-makers
@AI-art-makers 9 ай бұрын
Good video 😊
@vikitheviki
@vikitheviki 9 ай бұрын
Crypto currency and blockchain is direct democracy and total privacy.
@lorenzo1425
@lorenzo1425 9 ай бұрын
No offense but if you think the blockchain is private at all you don't understand what it is
@vidhanmangla
@vidhanmangla 7 ай бұрын
Nice video, nicely made
@fifione315
@fifione315 9 ай бұрын
I was really excited by the title, but the documentary is a bit too dramatic in the way it has been produced. There are too many pictures and scenes that do not add any value or new information at all. Also the explanation of block chain is not really considering people with a non- technical background - an example would have been useful. Disadvantages for Bitcoin are also not highlighted, e.g. money laundry, illegal transactions, tax fraud.
@acsody
@acsody 9 ай бұрын
Watching this video is an experience of performance art, it's about feelings. Just don't look for factual information.😂
@learning_with_irving4266
@learning_with_irving4266 8 ай бұрын
What do Religion, Science, Government, and Utopia have in common? If we are all connected, the mark we bear is our currency.
@theemporersnewclothes
@theemporersnewclothes 9 ай бұрын
A wonderful plan until a solar flare... What about an electromagnetic pulse?
@caravanstuff2827
@caravanstuff2827 9 ай бұрын
I like your thinking woody!!.🤔
@gjlite4947
@gjlite4947 8 ай бұрын
Not sure when some of the interviews were recorded, felt like 2021-22. It's unfortunate that blockchain projects like Bitcoin and Ethereum have been taken over by Global Venture Capital firms due to the costs involved. Now the World Bank is pushing for an International Standardised, State controlled CBDCs (Central Bank Digital Currencies) which are being trialled throughout the developed and developing world, the hope of blockchain returning economic power and personal freedom to individuals is fading fast.
@extremehicker
@extremehicker 9 ай бұрын
Good innitiative by the banks to have their choice of currency without people knowing. No wonder banks are silent coz they are the one who started it
@infinidominion
@infinidominion 9 ай бұрын
Who gets to read and authoritize the information on the Blockchain?
@banditthedog6268
@banditthedog6268 8 ай бұрын
How is a bank a state authority?
@lekedaboy
@lekedaboy 8 ай бұрын
Who oversees banks....a central bank and oversees a central bank....? Hope this helps
@JoeMikkail
@JoeMikkail 9 ай бұрын
No
@sabihatanveer8494
@sabihatanveer8494 9 ай бұрын
👌show Amr, early days of crypto
@Crypto_Bird
@Crypto_Bird 9 ай бұрын
A little dramatic for a blockchain show but education is a good step forward.
@markusmottus1686
@markusmottus1686 9 ай бұрын
So what if there is lots of lewdness, does anyone here think that it's freeing? Let grown-ups live like they choose and stop trying to hold our hands like we are little kids who don't know nothing! Sure some grown-ups maybe need a government, or in the future, a company/conglomerate. Forcing people to deny what they want is what makes us feel miserable, everyone has different likings and things that drive them on. What's the point of life if you can't enjoy it freely as you see fit as long as you don't harm any living thing. If you read all the above, thank you for your time and take care and care for others🙏🏻
@SMCrypto07
@SMCrypto07 8 ай бұрын
CBDC is the way to still control everything!
@user-it8ht6kp8o
@user-it8ht6kp8o 8 ай бұрын
No, no, no ... just look at what Sam Bankman Fried did with FTX ! Why will a CRYPTOCURRENCY be allowed to cross into the US Dollar ? Cryptocurrencies should stay within the world of cryptocurrency.
@TheRealRobertG
@TheRealRobertG 9 ай бұрын
What is this? …an ad for crypto? Where’s the skepticism?
@mohamedeljallouli4726
@mohamedeljallouli4726 9 ай бұрын
Man interact with each other without a third for most of the human existence gold silver cash etc
@saltapozo
@saltapozo 9 ай бұрын
The empire is falling anyway..
@m.a.7509
@m.a.7509 9 ай бұрын
I was excited when I saw the headline...but unfortunately not what I expected. Cryptocurrencies and Bitcoin are two different things. Bitcoin will never need any institutions, especially no cyberplattforms!
@azongsealas3071
@azongsealas3071 9 ай бұрын
Crypto has been a life-saving for me Hopefully, it gets to stay and improve more lives
@KyaSaj-mq6wn
@KyaSaj-mq6wn 9 ай бұрын
Why do people think that technology is going to be around in the future... Have you not seen the destruction of storms fires etc..
@ALIEN....151
@ALIEN....151 9 ай бұрын
.... AND NONE OF THEM IS AFRICAN TOO.
@meetv2899
@meetv2899 9 ай бұрын
Crypto is the real Money.
@makeracistsafraidagain
@makeracistsafraidagain 9 ай бұрын
Blockchain is fine. But most crypto is a scam. Your money is gone.
@shareefuddinmohammed4474
@shareefuddinmohammed4474 9 ай бұрын
👏👏👏👏
@Alikhan78611
@Alikhan78611 9 ай бұрын
These institutions are so powerful that they will do everything in their power to still control everything! It's nearly impossible to get rid of them ever!
@ronniew3028
@ronniew3028 9 ай бұрын
This is a corrupt vehicle as far as I am concerned.
@AI-art-makers
@AI-art-makers 9 ай бұрын
It's true I'm nothing but a man
@Ass_of_Amalek
@Ass_of_Amalek 9 ай бұрын
no
@user-du5tg4si2j
@user-du5tg4si2j 3 ай бұрын
CYPTO is like going to the CASINO and giving some third party all your money and HOPING they dont PULL THE PLUG out from under you! Like saying here somebody out there in THE ABYSS
@naalsocomment9449
@naalsocomment9449 9 ай бұрын
1 minute channel intro + 1.5 minutes some unrelated intro story.... for a 16 minutes video? in 2023 on YT? nah, stopped watching. that's too much time for getting no info
@teresitacruz5108
@teresitacruz5108 5 ай бұрын
This is embarassement.. Most specially for the poor people... No amount of money to put in credit card... How come it work...
@greenlantern7537
@greenlantern7537 9 ай бұрын
It just another vice
@merhabatube219
@merhabatube219 9 ай бұрын
Aljazeera soon u will come up with tittle "death of dollar" mind my word 💯🇷🇺
@cdean2789
@cdean2789 9 ай бұрын
I have some tulip bulbs for sale.
@JMARTIN1947
@JMARTIN1947 9 ай бұрын
Most people = (Woosh)
@brhan713
@brhan713 9 ай бұрын
Where have you been? You weak me
@MejidaKadari
@MejidaKadari 9 ай бұрын
👍👍👍🎉
@Paradoxisthefingerprintofgod
@Paradoxisthefingerprintofgod 9 ай бұрын
Never mind. Sorry. They already talked. You are getting this too by the way! >> additional F-35 and F-16 fighter jets, along with a warship to the Middle East, to monitor waterways.
@giftedfooljjhg1981thepasmb
@giftedfooljjhg1981thepasmb 9 ай бұрын
Yes, buy some more
@user-nn4wz6ro2t
@user-nn4wz6ro2t 9 ай бұрын
🇧🇩🇧🇩🇧🇩🇧🇩🇧🇩🇧🇩🇧🇩
@waseem5961
@waseem5961 9 ай бұрын
Who will care for your comments😂
@Dxeus
@Dxeus 9 ай бұрын
It's a nice way of saying that criminals, drugs dealers and rogue states should have a way to do their business.
@assassinsrequiem
@assassinsrequiem 9 ай бұрын
Ever since physical money, there has been no real way to trace it other than recorded events by an individual. So, unless you think that a fully govern & watched currency would not have repercussions against the individual, what would stop a criminal, drug dealer, or rogue state from continuing their business under a false pretense?
@brhan713
@brhan713 9 ай бұрын
You are so smart, brave
@fawadalam-ss5eg
@fawadalam-ss5eg 9 ай бұрын
Cryptocurrency is the future so better buy more
@user-ux2zt1bu1m
@user-ux2zt1bu1m 9 ай бұрын
Could it mean crypto can save money from stealing
@aluisious
@aluisious 9 ай бұрын
Crypto is stealing. Only an idiot would buy fake money with real money.
@tbd-5160
@tbd-5160 9 ай бұрын
Crypto is like communism : It looks great on paper, doesn't work well in practice.
@jiaurrahman9194
@jiaurrahman9194 9 ай бұрын
How to understand the whole thing about crypto currencies
@semyonbudyonny1895
@semyonbudyonny1895 9 ай бұрын
“By the glory of Lenin, by the will of Stalin; all power to the Soviets!” Enough of the two wings of the Capitalist Money Party in this country.
@camocas
@camocas 9 ай бұрын
🤮
@samyadeepsengupta460
@samyadeepsengupta460 9 ай бұрын
No
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