Famously portrayed in "The Social Network" as the pair of Harvard athletes who believed Mark Zuckerberg stole their idea for Facebook, they're now famously successful cryptocurrency entrepreneurs with the bitcoin exchange Gemini
It is from a mainstream provider that covers both sides of an issue but it fails to educate me enough to get me to the “ah ha” moment they talk about
jp04171 - 2 year account age. 35 - 100 comment karma.5 months ago
I think some people will get to the ah ha moment. Videos like this will slowly make progress to spread awareness
The way they drive home that blockchain can save consumers and businesses a lot of money will resonate with people. “ when I use a bank to process a payment I’m paying for skyscrapers in manhattan”
Why do you guys think these two never really talk about Ethereum in these prime spots? It’s always BTC, as if they want to “save” the marketing of Ethereum until later. Like it’s better if the masses get onboarded with BTC and only BTC first.
Half of this interviewer’s critiques in this video would have been destroyed if they were talking about Ethereum. Sometimes I think the mainstream’s obsession with only talking about BTC is because it’s an easy target. It’s value proposition is somewhat relatable yet elusive enough for the news and regular people to “easily” chalk all of crypto up to be some weird cult.
Moral of the story: start telling the world about Ethereum, not Bitcoin! It has more of a learning curve to understand it, but once it clicks, you see why smart contracts will absolutely be part of our future. Bitcoin I’m still not so sure.
You haven’t given many interviews for television have you :-)
You film for hours and eventually a few clips get broadcasted. That walk in the park - I bet you they spent at least an hour there just to get a few moments of footage.
Their stablecoin is an ERC20 token and they talk quite a bit about Ethereum.
BTC eventually has to run on only fees ~0% inflation, if the fees don't pay the miners enough and they leave they get possible 51% attacked, BTC MUST have a high price and any low price would probably lead to this no?
From my limited understanding that is absolutely correct, the higher the price of any token = higher security against 51% attacks. Although I remember a while back reading comments made by some ETH researchers that with Casper CBC they could get finality in another way, but Im no expert
As soon as ETH stores more than btc then btc loses all the utility it has. Industries can actually use ETH and want to adopt it, when tech people talk about using the block chain they're talking about ETH. Bitcoin is the telegraph, ethereum is the internet.
You’re thinking too much in the short term. In the mid/long term, people will realize ETH is the true store of value because there’s actually an underlying utility to its chain (a global settlement layer for trillions of dollars in decentralized applications). That type of network CANNOT fail without catastrophic consequences, so there’s almost a guarantee that people will have a valid incentive (financial or otherwise) to continue the upkeep of Ethereum’s network. Also, issuance by that time will be only approximately .5% each year, which is low enough that people will essentially consider it 0.
Run that same hypothetical for Bitcoin and you’ll realize it has no underlying value except for the belief that it is a store of value because it is first and because it is finite (it’s too expensive and slow to seriously be a global peer to peer payment coin). Both of those perceived “values” have no basis to stand on because the chain isn’t being used for any other purpose other than to speculate on those perceived values, so it is circular.
I agree and disagree.
Agree with your assessment on ETH and its utility.
Disagree with your position that BTC is only for speculation. There are alot of hardcore believers in BTC. I tend to hope that it will keep its perception as a store of value. Digital gold. But i understand how you and others believe that to be an illusion... We shall see i guess
Lighting network makes transacting BTC fast and cheap. While it's certainly not ready for global adoption, neither is Ethereum. That fact, combined with limited supply will keep BTC viable. Ethereum has a bright future, but so does Bitcoin.
Can't get you, you have several million dollars?
I'm not a lay men, newer worked in my life, never really needed and now you see, I know that by working on a regular job one can't do or earn shit! So yes, I agree, to make a few mil shouldn't be hard, have to only figure out how though!
Wow, amazing, dunno why are you here wasting time then, lol, while you can do whatever!
Internet is addictive and money only give one freedom so why not to Reddit and discuss stuff one likes! ☺
Astrology.com says regarding Libra and Gemini in love:
> When Gemini and Libra come together in a love affair, they enjoy a great relationship based on intellectual interests and mental agility. Dual-natured Gemini loves Libra’s balance, and Libra is always entertained by the chatty, brainy Twins. Libra loves art and beauty while Gemini loves the beauty of an idea, but these loves aren’t far off from one another