User-Generated Currencies & How They Could Change Your Life
If you studied blockchain full-time until 2025, you may earn this kind of understanding.
Eyal Hertzog from Bancor has been in Bitcoin 7 years
How user-generated content led to user-generated currency.
https://www.bancor.network/discover
https://liquideos.com/
The evolution of decentralized protocols from Napster to blockchain.
Eyal and his team released a non-blockchain user-generated currency in 2013 as an experiment.
They discovered it's pointless to create currencies without liquidity.
Liquidity is the internet of values. The ability to move liquidity from one network to another.
The Bancor protocol enables liquidity for any asset big or small with smart contracts and automated market makers.
How do user-generated economies improve national economies?
How can every network of people who share data and collaborate work on a decentralized network? There would be no intermediary to drain the network effect of the internet. Only the end user.
Why coin maximalism could be short-sited.
How Pareto's law applies to creative processes.
How this reality plays into a capitalist system and leads to the concentration of wealth.
It drys out the economy because less money circulates.
A thought experiment on how money operates in the economy like blood in a body.
A single world currency could be a very dangerous plan. Alternatives are a necessity. The ability to succeed from a currency community will be liberating.
Now anyone can publish videos. Imagine if anyone could create a currency. We're in the middle of an amazing discovery process.
Everything around us has been created by the invention of money. Corruption and monopolies take away the freedom to choose, but money itself is a powerful tool.
Efficient markets would allow people to choose their own currency. That would be the ultimate free market.
How will governments ultimately react to the influx of blockchain? What is the end game?
How trust makes the world more efficient.
How is Bancor tied to EOS. What is the future of the EOS experiment? What are the possibilities?
How the Liquid EOS Block Producer is adding to the EOS ecosystem, plus much more.
Cheers my crypto friends.
www.happymoneyman.com
@happymoneyman Great video man. It's always good to hear another person's history in crypto. I think EOS is a winner.
@thetruth36 yes exactly man, any move to empower the economies is the greatest and winning move itself..
yea, Eyal is a legend. I love talking to people like him and getting some good insight. I love his take on thousands of micro economies that people can move in and out of.
Interesting times
Hello sir great article but sir i want to know more about cryptocurrency please iam very interested to knw and who introduceyourself cryptocurrency to us?
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@happymoneyman, YES BROTHER YOU R RIGHT,..
yes thats really a smart and helpful move by Eyal, and great info by @happymoneyman
Listening is a great way to learn about stuff. Thanks for sharing :)
@happymoneyman Es tan grandiosa esta publicación me encanta por que me da mucho animo para tener éxito aunque soy nueva en esta pagina aun no he tenido votos espero ser como tu tedeseo mucho exito grandioso video saludos desde " venezuela"
i thought that was a good point also
Greet Video Men . Good work . You Will Gone Moon.
The obvious issues are the ones that seem to be overlooked, like simplifying the technology so it becomes a platform for mass adoption. Learning curve needs to be byte size, user interface needs to be intuitive, and there needs to be stabilization of the currency to allow for transactions to occur without risking either party.
yes,happpymoneyman can you give answer for a question that why bitcoin is not rising?
yes @thetruth36 very well said ..
yes sir bright future of eos.
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Hi I upvoted u plz upvote me
Yes man eos has great future. Upvote me too bro
I used to have EOS, but...
@thetruth36 Yes bro, this video gives a lesson for us and other people that history of crypto currency is too good in future.....
Its True. Its always good to explore own experiences rather than opening other broadcasts..
I really love to listen this
very good
its great to hear about
yes eos can be big in coming days
What is language?
Really great video and very helpful. Cheers!!
what is your story sir?
Thats great :)
You think crypto currency will take over?
thanx
Pay using Steem may be?
Block-ketju on tulevaisuuden tulevan sukupolven teknologia, joka voi muuttaa maailmaa.
sophisticated technology because human sekang already smart
Crypto currency is the new future!
I don't own any crypto currencys...I any have to look into it..
a brilliant future
EOS生态系统是最完善的，技术是最先进的.
I can't wait to see what happens!
If BTC reaches ONE MILLION my future is BRIGHT!! If not I'll enjoy watching McAfee eat his own.
impresionante!! buenos argumentos
All cryptos will die,it will be only USD Tether,and nothin else. :)
Enlighten video though!!!
cryptocurrencies needs more awareness in order to achieve global adoption
it always fascinates me ... my fear of negative gov interference is my main concern but then again if gov adopts the idea...poverty can virtually end?! I dont wanna get overly excited but it could potentially eliminate poverty...
poverty is nothing.
It has been getting cheaper and cheaper to produce every product.
So, why aren't prices going down? Because there is that much inflation.
With real, honest money, we will see an explosion in abundance.
abundance is the key word. It's there if we can unlock it
hope so
Abundance, like peace on earth is guaranteed.
They are not end goals, they are just attributes of the path we are now on.
As people become more accepting, and understand that war is a racket and that win-win negotiations make everything better, than world peace is just a byproduct.
Similar with abundance. There are several, interlocking forces used to keep prices running higher and higher.
Any one of these fail, the whole thing cracks open.
that's true too...let's hope America doesn't blow shit up though...you know what I mean..!
I agree with your point..
when people have the choice to opt in and out of currencies, the government's role will be forced to change into a service. Governments would need to compete for the will of the people if they weren't able to control through the force of money. The implications are fascinating
Wouldn't the government just pull some shenanigans, to take control anyway.
the most to lose will pull the most shenanigans ... America! lol
yes , i am agee with this analysis..
applications that benefit the community a lot. thanks
the cracking down is happening...either you comply with their block chain version or you are out...I see wars...hopefully not!
Kenyan government is in the verge of starting their own blockchain
much needed, good for Kenya!
That's great news
u r right sir
You mean crypto currencys can eliminate poverty?
yes
Ohh..alright..
This was an inspiring and insightful interview, Brendan. Eyal is a true visionary who thinks on a very large-scale. I also loved how you conceptualised the money and its role in your personal life and how it led to creating of the “Happy Money Man” monicker.
sir... please tell me is there any online courses on net so that we can improve it
have you guys heard on ALQO coin?
I like them they seem like a very legit bunch, they opened a swiss company for their crypto exchange, and they plan to do real fiat trading once the exchange is built :D
Do you think, is it possible to underdeveloped countries??
Is he blaming capitalism? Sounds like he doesn't understand the function of saving and profits. And stock piling money actually benefits everyone, because they put in the pot and didn't take anything out. Sure, they may get rich on paper but if they're saving the money to create future production they're a benefactor, not some 'greedy' capitalist.
Please upvote me
[email protected] hearty like and love from me to you because of your good intention on people .....such a lovely job you have been doing foe us.
I guess in a simple way I just keep the coins that I believe in for long term. Just HODL them FIRM enough!
If we are ready to take crypro currency for long term then we really gonna earn great
But the most of people are in serach of easy money in crypto
People are eager to know future predictions of coin price but hardly few to understand how blockchain and these crypto work!
✅ @happymoneyman, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes and comment!
Thank you in advance!
information is good bro but last line (How the Liquid EOS Block Producer is adding to the EOS ecosystem, plus much more) i cant understand why it is.
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Thanks for Great knowledge video for sharing valuable knowledge with us and knowing history of other's people is very knowledgeable because we don't know that people and we came to know its past it is very interesting
gosh how you work!
I know. right? People like him motivate me alot in this space. @docsait
Bockchain technology has really been a revolution to this world since the end of last decade..the non-monopolization of cryptoassets is the biggest reason why the governments of some nations like India are not accepting it..but the bockchain technology is kind of a Tsunami wave which may be controlled upto an extent but certainly cannot be stopped..
Best thing is that it is incorruptible 100%
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@happymoneyman ya cool nice video brother but in this market we have to have a lot of patience because this will become in 4-5 years after .
before then what should do we can't sit idle
It is always good to have a fall back plan.
yes @happymoneyman,money operates in the economy like blood in a body.
if you have money then you inter in crypto world,otherwise you can't.
as we know money will make money,like that types of things happens in crypto world .
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It's never too early to start thinking about your future and what you want to do!
When you’re young you might think you have all the time in the world, then all of a sudden you have to start making important choices. ‘What activities do I want to do?’ ‘Which clubs should I join?’ ‘Which subjects should I pick in school?’ Then you have to decide about further education, work experience and careers.
@happymoneyman nice video, if you can please make time marker, it will help viewer to go to there choice able point.
eos is best investment bro
Whatever may be the predictions for the price of the cryoto currencies in the coming future, but all are just assumptions. No one can predict the price. We can make calculations based on the previous up and down fall of the market. But the future is unknown.
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Bockchain technology has really been a revolution to this world since the end of last decade..the non-monopolization of cryptoassets is the biggest reason why the governments of some nations like India are not accepting it..but the bockchain technology is kind of a Tsunami wave which may be controlled upto an extent but certainly cannot be stopped..
great videos man
I am really forward to ripple i hope soon it will reach good heights
@happymoneyman
Yes indeed, Blockchain is the future of money. We really need to understand the new payment method. World is changing and Blockchain is a solution to the recession and other economic problems. lets vote for Blockchain and make the world change. :-)
what's you think sir......2018 is good for cryptocurancy??????
Cool blog,brother.
True that cryptocurrency is the future. What do you say when's the next bull run coming? This year? Would love to hear it from you. @happymoneyman
And my posts never did 1SBD 😂😂😂
Good luck with Bitcoin becoming the international reserve. And don't think that governments can ban Monero. They can try all they like, because it's nothing more than a piece of software than runs a decentralized value transfer network. Throw in a decentralized exchange and it's all over red rover.
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People bought goods with goods. They traded one thing for another. This is known as the barter system and it was the best forex trading for that time period. If you had to travel with your goods, it was very inconvenient and heavy. It was because of this that money was invented.
Money is not what is produced. It stands for your production. You go to your job and you get paid. You take your pay and spend it. It is much easier to do this instead of hauling around a basket of eggs or gallons of milk. As you can see, it is much easier to have a wallet or purse with money instead of needing a truck. Money is compact and easy to exchange for goods.
Even though money came about to make our lives better, there is still a sinister side to it. This is the side that manipulates the money supply in order to make profits. The world bankers buy and sell currency and created inflated or deflated money supplies in order to make a profit. They print the money and then determine if the value will go up or done. This is where the root of evil comes in because forex trading tips the balance in their favor. There is no production or creation of any kindHealth Fitness Articles, only the buying and selling of useless paper or fiat money.
You got a 76.16% upvote from @upme thanks to @happymoneyman! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).
up me also
But the main problem is the amount of energy use in mining of crypto currency in future maybe we don't have enough power to mine the coin so what you think tell me correct me if I am wrong.
Spotcoin’s place in the NEO universe
The number of companies operating on the NEO blockchain grows every month. It’s a happy family where many of the companies work together and give each other advice or attention. Spotcoin teamed up with four of them for our airdrops, for example. Others flew out to Georgia just last week to be there when we helped launch the NEO Black Sea community. The question is: what does Spotcoin contribute? The short answer is: simple liquidity.
Full Article : https://medium.com/spotcoin/spotcoins-place-in-the-neo-universe-9c6688696c23
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i am from India bhai kaise kama lete ho mujhe bhi batao!!!..
Amazing video buddy
Hello happymoneyman sir,Your blog is very good. Which has a lot of good information which can be very much influenced by you and is very much influenced by your blog. please help me.