Andreas Antonopolous on Decentralized VS. Centralized Technologies

in #bitcoin6 years ago

Why Jamie Dimon of JP Morgan is Wrong.

I love his analogy of leaf cutter ants. How each ant individually is not that significant but when there is a colony of thousands they can do amazing things like farm.

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@hilarski,
Decentralization, this is the future of all technologies! So this is a very useful video to get a clear shot about it! As you said, this is unstoppable! Bankers are fear to the name of crypto and decentralization :D Thanks for sharing this friend!

Cheers~

All the crypto leaders need to come together and let go their ego if they want to fight the likes of Jamie Dimon.

I agree with you mate. A lot of people down play crypto even if they don't really understand what they are talking about.

I Agree with used Anology

@hilarski great stuff! Andreas is definitely one of the most humble and smart guys in the crypto space! I watch any single video he launches! Cant understand why he has not steemit account yet... Thanks for sharing amigo! greetings from Spain! :)

yeah and agree that the decentrlized system btc created it and it great but centrlized system create emergans and complex behaviour to base on simple rules and the wef colonoy example is good for understand it @hilarski
but a true to hard to beleive on it to leave your old many usable system which use in whole world and jamie want guide wrong to play with people brain sicky
but he is wrong

helpful informative vedio decentralized vs centralized 😉😉

yeah i like this decentrelizain system always because it have not shity some rules which create only bankers and get benefits from all of us and use us always on the name of centrelization.....and i am agree with him and say jamie dimon to see this decentrelize system with postive thinking

Estupendo vídeo amigo, a qui tu seguidor al pendiente de tus post,Saludos te dejo mi voto:)

I liked how he gave the comparison with the ant colonies! Complex stuff indeed :D

I'm gonna watch the video this topic is really important and now we have to fight because the power is in our hands, i mean we have to figh againts banks and goverments and go ahead for a world more freedom and definitely decentralized is the word here. Regards

Yep, the ant example is pretty good. At this moment I don't think that centralised system will be for much more around, we are heading to a decentralised world!

Great explanation by Andreas Antonopolous.

upvoted and resteemed.

Jamie Dimon comments indicate he doesn't understand how the cryptocurrency works...

Hello Sir @hilarski, you always shared important updates and infos.

Jamie Dimon of JP Morgan is Wrong on that issue. "Token Magic" is awsome creation.These lines have a wonderful message.

I love his analogy of leaf cutter ants. How each ant individually is not that significant but when there is a colony of thousands they can do amazing things like farm.

I am thankful to you for guided us well and my Support and appreciations for you UpVoted

Thank you so much for the great information & analyais. You always bring something very intresting & great in the aspect of learning ♡

Thanks @hilarski

Stay blessed, Steem on!

Seems like an old video because the transaction fee is no more 40 cents. Personally, I don't like to pay a lot of money for transactions with a lot of wait specially when there are better options available. For example, Eth transactions are very speedy and the fee is not as high as it is in case of BTC transactions. However, what I recently found is that BCH transactions are cheapest. However, they are not speedy.

Question: @hilarski, Do you think BTC can survive in the market without solving its transaction speed and fee issues?

andreas literally destroys Jamie Dimon in this video! loved it!

It is really good the way you are giving a good message to the world. I love this video.
thanks for sharing.
upvoted

Decentralization FTW! :D

How much technology can this change?

This meeting must be over a year old. No exchange costs 40 penny or takes seconds. The way Bitcoin is doing right now, I may fear it won't survive if there are not some real changes, similar to the adaptability, speed and expenses of transactions.

Sure, it is over year old but 95% of the info is still current. You picked the only thing that was out of date.

Yeh, the days when BTC still couldn't seem to achieve four figures...

Andreas is a treasure ;)

great video,nice information
i like your post,thanks for great share

Absolutely agree with you they have something to learn.

very good message ,nice video
good sharing,thanks @hilarski

Andreas is a treasure

Good information and very interesting video,you are doing very perfectly and great work. This will help us to make it easier for us to understand that. Thank you for sharing
upvoted // resteem

awesome stuff! Andreas is unquestionably a standout amongst the most modest and brilliant folks in the crypto space! I observe any single video he dispatches! Cant comprehend why he has not steemit account yet... A debt of gratitude is in order for sharing amigo! welcome from Spain!

Great and valuable information sir.
Thanks for sharing this post.😊

Upvoted + Resteemed your post.

thanks for info very nice post @hilarski

good video. keep going ♥ following you ♥ thank you for sharing

I believe in decentralized system & teamwork

upvoted & resteemed

better believe it and concur that the decentrlized framework btc made it and it incredible yet centrlized framework make emergans and complex conduct to base on straightforward guidelines and the wef colonoy illustration is useful for comprehend it @hilarski

however, a consistent with hard to beleive on it to leave your old numerous usable framework which use in entire world and jamie need direct wrong to play with individuals mind sicky

in any case, he isn't right

Thanks for share a breaking news

also good job.
thanks for sharing with us.
best of luck!

Man is amazing - Thank you for this post.

thanks for the valuable post on bitcoin

Need to check more about TokenMagic.
Thanks for the info, always appreciated. 100%upvote

Your are correct buddy :)

@upvote

great post@hilarski

How many technologies can change this?

Good analogy, so long as we don't need the queen ant (bank). Decentralization is an important aspect that I look into when thinking about cryptocurrencies.

wow fantastic video..thanks for sharing your post... @hilarski

@hilarski - Why Jamie Dimon of JP Morgan is Wrong. Sir you explained it well... Valuable post with a valuable video... Useful topic for all crypto people to discuss Sir...

+W+

His words make sense, he's got a very peculiar comparison with ants heh.

If he is so certain about bitcoin, why he is almost crying right now lol.
Probably he was invested in bitconnect that's why.

Great update with informative and knowledgeful blog. I always thankful @ hilarski for sharing nice and beneficial post for all. Stay blessed

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