Blockchain

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



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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48 Comments

  1. 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.

  2. Bitcoin is the biggest speculative asset in world history. The underlying asset has zero value and could be anything, like a special tulip or a rare automobile. The rest is just speculation. The actual value is just a function of its supply and demand. It’s not very liquid, consumes too much energy and just make some initial investors filthy rich without deserving it.

  3. 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.

  4. This perfectly demonstrates that greed and stupidity has no boundaries in the west today…a decade ago western governments would have out lawed this criminal activity and prosecuted anyone who traded in it…i strongly suspect Russia and china are behind this crypto/Blockchain 💩…and in a future time they will crash the lot and take tens of trillions out with it..if something isn't done fast western economies as a result of the crash will desend into a decade long depression that when we reemerge we will be replaced by Russia and china as the dominant economic and military powers on the planet!!.❤️🇺🇲🇺🇦

  5. 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🙏🏻

  6. 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.

  7. 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!

  8. BlockChain already started especially in the Ethereum eco-system where it shows sign of the highest activities per seconds. Do your own research and don't get rekt by the middleman of SBF's FTX and Terra/Luna disasterious of 2022.

  9. 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.

  10. Crypto and blockchain are popular with tyrant Dictators. This way they can hide all their illegal activities like drug dealing, and stealing their countries monies. You can't track what they do. Its the same reason they hate the press, and end it. Without it, they get away with anything they want. Under developed countries are blind. If you invest in crypto, you WILL eventually get ripped off.

  11. 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.

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