1. Introduction for 15.S12 Blockchain and Money, Fall 2018

MIT 15.S12 Blockchain and Money, Fall 2018
Instructor: Prof. Gary Gensler
View the complete course: ocw.mit.edu/15-S12F18
KZread Playlist: • MIT 15.S12 Blockchain ...
This lecture provides an introduction to the course and to blockchain technology.
Chapters
0:00 Title slates
0:20 Welcome; course introduction
4:15 Readings for class
5:13 A history lesson to give context
9:22 Cryptography is communication in the presence of adversaries
12:14 List of digital currencies that failed between 1989 and 1999
15:38 What blockchain is
19:26 Pizza for bitcoins
21:37 Blockchain technology
22:41 Role of money and finance
26:40 Financial sector problems and blockchain potential opportunities
28:44 Financial sector issues with blockchain technology and what the financial sector favors
35:00 Public policy framework
36:46 The duck test
37:25 Incumbents eyeing crypto finance
39:35 Financial sector potential use cases
41:57 Larry Lessig's book "code and other laws of cyberspace"
48:46 Outline of all classes
49:08 Study questions
50:55 Readings and video
52:04 Conclusions
55:13 Questions
1:01:42 Credits
License: Creative Commons BY-NC-SA
More information at ocw.mit.edu/terms
More courses at ocw.mit.edu

Пікірлер: 2 300

  • @prula
    @prula3 жыл бұрын

    If you have a smartphone, internet and the ability to understand English, you can literally be in the classroom of an MIT lecture on Bitcoin/Blackchain. What a world! Thank You!

  • @anshuman2089

    @anshuman2089

    3 жыл бұрын

    Welcome to the future.

  • @calikatsai

    @calikatsai

    3 жыл бұрын

    It’s amazing!

  • @Soturtz

    @Soturtz

    3 жыл бұрын

    Amazing right? We can also be extra efficient by speeding up the video.

  • @prula

    @prula

    3 жыл бұрын

    @@Soturtz and also, I can go back a few seconds, if I didn't get it right.. I love it!

  • @JiancongXie

    @JiancongXie

    3 жыл бұрын

    Knowledge is becoming more pervasive. So what's the difference between a MIT registered student and the learner online? Only diploma?

  • @RooseveltCoopling
    @RooseveltCoopling2 жыл бұрын

    I am a poor person from Brazil that had to learn English to understand this video. Thanks to it - although I don't have money to pay for MIT tuition - I am watching a full class by MIT from my house in South America. Thanks for democratizing knowledge.

  • @vishakhashukla2985

    @vishakhashukla2985

    Жыл бұрын

    Man seeing this stuff makes me happy.

  • @HarshvardhanKanthode

    @HarshvardhanKanthode

    Жыл бұрын

    Best of luck in your career man! The fact that you're smart enough to know how powerful the internet is and have the will to utilize it, you're already doing better than most

  • @avy1

    @avy1

    Жыл бұрын

    MIT and top universities in the US in general have some of the best financial aid in the world. Don't let money stop you.

  • @rhinoskin7550

    @rhinoskin7550

    Жыл бұрын

    You have fantastic English! My goodness.

  • @Ss-zg3yj

    @Ss-zg3yj

    6 ай бұрын

    What a wonderful times we live in! I am poor person from Uganda, I have to drink from the puddles and eat from gutters, but thanks to amazing people from MIT and KZread I can basically graduate from MIT and became a crypto developer! THANK YOU FROM AFRICA!!!!

  • @DanielBarryHQ
    @DanielBarryHQ3 жыл бұрын

    4:15 the two Readings for class (How blockchain can solve the payments riddle and The blockchain catalyst for change) 5:13 A history lesson to give context 9:22 Cryptography is communication in the presence of adversaries 12:14 list of digital currencies that failed between 1989 and 1999 15:38 what blockchain is 19:26 pizza for bitcoins 21:37 blockchain technology 22:41 role of money and finance 26:40 financial sector problems and blockchain potential opportunities 28:44 financial sector issues with blockchain technology and what the financial sector favors 35:00 public policy framework 36:46 the duck test 37:25 Encumbants eyeing crypto finance 39:35 financial sector potential use cases 41:57 Larry Lessig's book "code and other laws of cyberspace" 48:46 outline of all classes 49:08 study questions 50:55 readings and video 52:04 conclusions 55:13 questions

  • @michaelbonhomme1560

    @michaelbonhomme1560

    3 жыл бұрын

    Thank You

  • @philosophy20

    @philosophy20

    3 жыл бұрын

    🐐🐐🐐

  • @MrAkpayne

    @MrAkpayne

    3 жыл бұрын

    Thank you kind sir

  • @mariamfirdous8456

    @mariamfirdous8456

    3 жыл бұрын

    Ty this realy helpful

  • @DApice135

    @DApice135

    3 жыл бұрын

    21:00 bought 2 pizza for 10,000 BTC now worth 581,233,144.24 USD. Let's see how this ages in the years to come.

  • @_kanyeWest
    @_kanyeWest3 жыл бұрын

    Fun Fact: This professor got sworn in today as the SEC chairman. pretty cool

  • @robosaxophone

    @robosaxophone

    3 жыл бұрын

    Happy Bitcoin Pizza day!

  • @ricardoVAPR

    @ricardoVAPR

    3 жыл бұрын

    That is awesome!!

  • @apoorvaumap9243

    @apoorvaumap9243

    3 жыл бұрын

    Thank you for this fun fact.

  • @restinpeacekobe2411

    @restinpeacekobe2411

    3 жыл бұрын

    HES SO COOL. !!!!!!!!!!!

  • @shajanmiah5063

    @shajanmiah5063

    3 жыл бұрын

    That's gotta be huge for crypto

  • @rigobertosolorzano8568
    @rigobertosolorzano85683 жыл бұрын

    Gary Gensler mentions a book for the class and the guy who wrote the book is sitting in that class as a student... WOW MIT is on another level

  • @TRLgoodvibesdotcom

    @TRLgoodvibesdotcom

    3 жыл бұрын

    ♻️

  • @uranuss

    @uranuss

    3 жыл бұрын

    he kept mentioning the name 'Elon' 44:40 if I didn't hear wrong, is that the Tesla guy Elon?

  • @CamoflagedTumbleweed

    @CamoflagedTumbleweed

    3 жыл бұрын

    And “Larry” is also a professor from Harvard attending his course so that’s a pretty good recommendation the course is worthwhile. 🥦🦖

  • @maxmillion9826

    @maxmillion9826

    3 жыл бұрын

    @@uranuss no different guy he’s talking bout the owner of toys R us Elon Tusk

  • @douglasssmith3078

    @douglasssmith3078

    3 жыл бұрын

    What time stamp is that?

  • @ardaucuncu3
    @ardaucuncu33 жыл бұрын

    I still can not believe I take an entire blockchain course from MIT fo free, unbelievable. I can not thank enough MIT.

  • @blahblah6497

    @blahblah6497

    2 жыл бұрын

    Well, you can catch a Lecture, possibly a few different lectures, which I agree is Awesome! Any info, especially free info, extra Especially really good free info... Is ALWAYS welcomed and sincerely appreciated. However, it is definitely lacking compared to taking the class for real. You miss other things like tests, mid terms and finals... All are a Pain in the ass, however it accounts for a significant amount of the information a student will aquire, as the average student will spend 2-3 times the amount of time studying for Mid-terms and Finals, than the average study period. Which accounts for about 1/3 of the information learned in the class. Also, we don't have the benefit of the assigned Texts or Syllabus (if he assigns one.. though there's probably not much reading for this class).

  • @mitocw

    @mitocw

    2 жыл бұрын

    @@blahblah6497 Visit the course MIT OpenCourseWare for the Syllabus and a list of Readings at: ocw.mit.edu/15-S12F18. We try to get other materials from the instructors (like exams). We publish what they are willing to give us. Best wishes on your studies!

  • @78anurag

    @78anurag

    2 жыл бұрын

    @@vladyslavbandrovsky9202 No, the terms of MIT courseware say that knowledge I your reward, you won't be given any credit or degree

  • @BlazRa

    @BlazRa

    2 жыл бұрын

    @@vladyslavbandrovsky9202 fuck a diploma just start something and make your own money

  • @valiente4153

    @valiente4153

    2 жыл бұрын

    @@vladyslavbandrovsky9202 i don't think so, usually to receive a certificate or diploma you would need someone to verify your work = someone needs to get paid. Not sure if there is a possibility to sign up for a paid online course

  • @CuriousJet
    @CuriousJet2 жыл бұрын

    It is fascinating to take this class in the year 2021 knowing what has happened in the crypto space since 2018. And big thank you to MIT for making this knowledge available to the world free of charge. That's unbelievable generosity.

  • @TK-gd9td

    @TK-gd9td

    2 жыл бұрын

    thats what happens when you care more about the world becoming more educated versus keeping an old boys club of information to centralize information and profits.

  • @elayaba

    @elayaba

    2 жыл бұрын

    what course is this

  • @tobyforstater7046

    @tobyforstater7046

    2 жыл бұрын

    Right? Lol I wish I saw it then, id be set. But I'm glad I have it now

  • @ultrajayme

    @ultrajayme

    2 жыл бұрын

    When you consider what this class cost this student body.

  • @MA-ck4wu

    @MA-ck4wu

    2 жыл бұрын

    @@TK-gd9td They get the best and the brightest without effort anyway, i.e., even if they gave most or all of their lectures away for free, young people and professors alike would still be lining up to join MIT

  • @tobyforstater7046
    @tobyforstater70462 жыл бұрын

    So thankful for this class. I wish I saw it back in 2018 but February 2022 is blessed enough! So grateful! I'm sharing this with everyone! This is such a solid foundation

  • @puneet12july
    @puneet12july3 жыл бұрын

    The world is your library if you want to learn. Unbelievable is the age we live in getting free education from MIT. This sets you apart MIT. Well Done!!

  • @MrWubwub

    @MrWubwub

    3 жыл бұрын

    Knowledge is free always has been. I guess with the amount of ego that won’t allow free thought to happen that’s another whole thing

  • @YASHWANTH25691

    @YASHWANTH25691

    2 жыл бұрын

    a lot of quality universities are offering free courses helping many people arounfd the world.

  • @S4V0LAEN3N

    @S4V0LAEN3N

    Жыл бұрын

    There is no free lunches. If you think otherwise... YOU are the lunch.

  • @MrSamdogz
    @MrSamdogz3 жыл бұрын

    Tell me why I pay tens of thousands for an education yet this lecture is far more stimulating then any I’ve attended at my institution...

  • @laro802

    @laro802

    3 жыл бұрын

    sounds like you are using the wrong tools

  • @paulm6081

    @paulm6081

    3 жыл бұрын

    Good question. Lmk if anyone answers it for you

  • @TougeF30

    @TougeF30

    3 жыл бұрын

    Exactly...

  • @leggobeasty

    @leggobeasty

    3 жыл бұрын

    because you didn't get in to MIT?

  • @LA-eq4mm

    @LA-eq4mm

    3 жыл бұрын

    and you can’t get called on

  • @alanargotte9362
    @alanargotte93622 жыл бұрын

    No way. This channel just has everything! Thank you so much for having this content for free and for the world

  • @cauebraga
    @cauebraga2 жыл бұрын

    I'm so thankful to be able to study this course online, here from Brazil. Thank you so much, MIT.

  • @kaysha
    @kaysha3 жыл бұрын

    It's great that the chairman of the SEC is crypto literate. Our investments are safe

  • @monkeyskillsreb9435

    @monkeyskillsreb9435

    3 жыл бұрын

    They are not safe, most crypto’s will not survive regulation in my opinion our investments are only safe if you invest in cryptos with utility and will be used dont follow price follow fundamentals. Im in for the long term not short term

  • @EmanSLived

    @EmanSLived

    3 жыл бұрын

    ummm, watch the hearings of the case of ripple and you will be dissapointed. very.

  • @rishadhossain8262

    @rishadhossain8262

    3 жыл бұрын

    Funds are SAFU

  • @phattyoshisdoteth1093

    @phattyoshisdoteth1093

    3 жыл бұрын

    Bitcoin is safe....the rest might not be

  • @vikingcat2640

    @vikingcat2640

    3 жыл бұрын

    @@phattyoshisdoteth1093 LOLLLLLLLLLLLL

  • @mustafapeker9434
    @mustafapeker94342 жыл бұрын

    I felt like I am in the room. How grateful I am for encountering this channel. Many thanks to MIT and Gary Gensler.

  • @emekasylvester714
    @emekasylvester7142 жыл бұрын

    This is grace that found me , I'm gonna put my best to understand Blockchain here. indeed distance is no longer barrier. God blessed the people that set up this online class for Blockchain

  • @JFTHAGREAT
    @JFTHAGREAT3 жыл бұрын

    Im barely a high school graduate now I’m taking courses at MIT. #KnowledgeisPower

  • @marlinshanklin1855

    @marlinshanklin1855

    3 жыл бұрын

    Keep watching videos like this and you'll have a education for free.

  • @nishthasethi1567

    @nishthasethi1567

    3 жыл бұрын

  • @jvandervest2578
    @jvandervest25783 жыл бұрын

    This is great. i didn't have the grades for MIT back in the day, but it is nice to be able to have access to some of the educational experiences. Thank you!

  • @rp3875
    @rp38753 жыл бұрын

    Wow...thanks for sharing! Can’t thank MIT enough for generously sharing such amazing series!

  • @kilis3804
    @kilis38043 жыл бұрын

    I wish I had a teacher like Gensler. Easy to absorb, concise, follow thru, topics etc ... excellent.

  • @hodldemsatoshis3186
    @hodldemsatoshis31862 жыл бұрын

    It’s interesting going back to this video to see Prof Gensler talk about financial sector problems and blockchain opportunities and now see all crypto lending platforms and exchanges that participate in staking under fire. Oh, don’t forget XRP too.

  • @actingactor6915
    @actingactor69152 жыл бұрын

    This is probably one of the most important lectures for everyone to see.

  • @UrbanCraftTv
    @UrbanCraftTv3 жыл бұрын

    It's such an amazing video to come across. Watching from Nairobi in Kenya, and this type of content.....isn't easy to come across from this side of the continent. Thank you.

  • @sudhirpatil3434
    @sudhirpatil34342 жыл бұрын

    Let me thank MIT for this wonderful lecture by soft-spoken n intelligent prof. Also I must thank you tube for making things possible for me to gain valuable n immense knowledge for free!!

  • @innominatesoloist1597
    @innominatesoloist15972 жыл бұрын

    Lots of love from Nepal for making this level of quality education free of cost.....It enlightens the soul of plenty of underprivileged students

  • @buzzpedrotti5401
    @buzzpedrotti5401 Жыл бұрын

    A year after viewing this course and the FTC, SVB and Credit Suisse failures, I have retained the following. 1. A distributed accounting ledger is created that does not require a central responsible owner. 2. An system of creating an increasing but limited number of tokens allows users to agree on value through a market, so it can be used as money, a store of value and a medium of exchange. 3. Combining these two allows the creation of competing systems that may have the promise of lower transaction costs and perhaps less government control than other forms of tender. 3. In it's infancy, significant challenges remain. I term these infancy risk, promise risk and unknowns risk.

  • @donparmesan1012
    @donparmesan10122 жыл бұрын

    What an extraordinary opportunity to be able to access literally world-class lectures for free at your fingertips...the times we live in, just mind-blowing! - massive respect for MIT for sharing these lecture series with the world!

  • @scientistsrpeople2979

    @scientistsrpeople2979

    2 жыл бұрын

    An MIT education is the absolute best education money can buy. Honored to have my undergrad degree.

  • @mamajedi745
    @mamajedi7454 ай бұрын

    here 3 years after this has been posted. a lot has changed

  • @Rozco_BKNY
    @Rozco_BKNY2 жыл бұрын

    Thank you MIT. Been looking for the best course to teach me about the BC technology. Prof Gary has me hooked.

  • @anthoniolopez1635
    @anthoniolopez16353 жыл бұрын

    Doubt kills more dreams than failure ever will.

  • @BlazRa

    @BlazRa

    2 жыл бұрын

    You never regret trying something you always regret not trying something

  • @michaelallen3304

    @michaelallen3304

    2 жыл бұрын

    Damn. Getting hit with some real shit in the MIT KZread video comment section. 🤔

  • @martinreid2231
    @martinreid22312 жыл бұрын

    Great lecturer, personable, informative and well versed, looking forward to the rest of them!

  • @ronvdb60
    @ronvdb602 жыл бұрын

    It's now 2022 and it is still interesting and actual. Thanks for publishing!

  • @momahmood6238
    @momahmood62384 жыл бұрын

    These lectures are brilliant. Please post more like these.

  • @_B_K_
    @_B_K_4 жыл бұрын

    Thank you for making these freely available.

  • @samuelmontypython8381
    @samuelmontypython83813 жыл бұрын

    I love how this guy brought up transactions/s. A lot of newbie crypto investors make the mistake of FOMO'ing into Bitcoin or Ethereum when there are cryptocurrencies like Cardano that far surpass them in transaction load. There's still so much to discover about crypto, man I'm fired up! Great lecture on blockchain for beginners

  • @JohnnyWillerGasperiGoncalves
    @JohnnyWillerGasperiGoncalves2 жыл бұрын

    It’s so enjoyable to listen to this professor, he has great speech skills

  • @dennisperez2799
    @dennisperez27993 жыл бұрын

    You could be watching TV 📺 ,but instead you are here , so if you found this channel , you at the right place, I stayed thru the whole 1:02:03 👍

  • @shoaibkahut
    @shoaibkahut2 жыл бұрын

    Absolutely fantastic . Thank you team MIT OCW for uploading .

  • @jvanrs4928
    @jvanrs49282 жыл бұрын

    This type of content really levels the playing field, Thanks

  • @SC-do8mo
    @SC-do8mo3 жыл бұрын

    Appreciate the interaction between the students and the professor in order to set up his slide. This is something that seems to be common place in US higher education. It keeps the course lively. Here in the EU, many maintain the idea of writing down what you see on a presentation, and having work on slides -> memorize and dig in if you have time. It works but interaction is lacking. Notice how he asks for the first name? These are tiny details that make a difference when you are in the audience. I've been taught by both systems.

  • @Garrettm31

    @Garrettm31

    2 жыл бұрын

    In many US class there is a focus on discussion and is considered a better class when students are more interactive

  • @IamnotMattyHealy
    @IamnotMattyHealy2 жыл бұрын

    Who’s here after Gary is trying to regulate tf out of cryptocurrency?

  • @BlockchainShango

    @BlockchainShango

    2 жыл бұрын

    *slowly raises hand*

  • @zabik7221

    @zabik7221

    2 жыл бұрын

    Me!!!

  • @michaeltiller694

    @michaeltiller694

    2 жыл бұрын

    I am here to see Secretary in his formative years.

  • @muhammadm4582

    @muhammadm4582

    2 жыл бұрын

    🤣

  • @silversurfer8552

    @silversurfer8552

    2 жыл бұрын

    yep

  • @vornvuthy
    @vornvuthy Жыл бұрын

    Who else are watching this at the end of 2022? I'm so grateful for this video and opportunity.

  • @starbean2910
    @starbean2910 Жыл бұрын

    Im so thankful for this opportunity. I remember being devastated bc i had to drop out due to financial problems. Brilliant professor!

  • @DeepakSingh-uf5vv
    @DeepakSingh-uf5vv3 жыл бұрын

    No money can buy you such great teachers and course...it's just possible with MIT, thankyou so much.

  • @Kingc0a
    @Kingc0a2 жыл бұрын

    I hope I get in. I really enjoyed my interview and I always feel so comfortable watching these incredible lessons. I really just SERIOUSLY hope that come next year this is my life.

  • @RickyB256
    @RickyB2563 жыл бұрын

    I just played this out loud so my parents would think I'm still in class. Got my one hour nap in. Thanks!

  • @demondlinsey2053

    @demondlinsey2053

    3 жыл бұрын

    😂😂😂 Genuis

  • @xiaowen2093

    @xiaowen2093

    2 жыл бұрын

    😂😂

  • @SrFabio
    @SrFabio2 жыл бұрын

    This is amazing. An outstanding Professor indeed, I'm hooked to the subject!

  • @santhurienaidoo864
    @santhurienaidoo8642 жыл бұрын

    Excellent lesson, thank you for the free access MIT. Very educational and honoured that I could be educated for free.

  • @mosleman9064
    @mosleman90643 жыл бұрын

    This is awesome, amazing quality courses and forfree, thank you! I started to doubt my uni content

  • @malluk4127
    @malluk41273 жыл бұрын

    Really happy we have a extremely smart person like Gary heading the SEC in these times. Good luck Gary.

  • @pranavjulakanti7027

    @pranavjulakanti7027

    3 жыл бұрын

    @A E You are using populist catchall terms. If you are going to criticize Gary please be specific.

  • @TheCoresteps

    @TheCoresteps

    3 жыл бұрын

    Absolutely. Fully in agreement

  • @tarsierontherun

    @tarsierontherun

    2 жыл бұрын

    Famous last words

  • @SamvadSoul
    @SamvadSoul2 жыл бұрын

    Thank you MIT for having a lecture free. It is a aspiration for all young tech savvy Indians to be part of MIT

  • @girizh11
    @girizh112 жыл бұрын

    Wow! Are we learning this lecture for free? How cool is this! I mean in few years I am listening about blockchains, crypto, "mathematical puzzles" etc this video has stunned me with such knowledge. Thanks for uploading this video. It's absolutely Gold!

  • @NguyenTran-eu1pw
    @NguyenTran-eu1pw3 жыл бұрын

    Thanks MIT for posting this excited course.

  • @BlockchainShango
    @BlockchainShango2 жыл бұрын

    Interesting insights. I’m here both because of his public appearances to regulate crypto and to just learn where he stood at one time.

  • @arditgjondedaj6143
    @arditgjondedaj6143 Жыл бұрын

    one of the greatest questions to ask students what you want to achieve on this semester.

  • @danielchakraborty3664
    @danielchakraborty36642 жыл бұрын

    Thank you so much. The lecture was truly awesome. 👌 Am really looking forward to completing the rest in the months ahead.

  • @SHASHA-de2wp
    @SHASHA-de2wp3 жыл бұрын

    Quand un professeur a une hauteur de vue, ses cours deviennent de suite très agréables. Il y a aussi le fait qu’il ne mette pas de barrière avec ses étudiants et souhaite leur participation 👌😌

  • @lindavaca3321

    @lindavaca3321

    2 жыл бұрын

    Why you gotta be writing comments in French and really be making me use my brain?! By the way, a good and clear translation would be nice.

  • @Cappuchettey13

    @Cappuchettey13

    2 жыл бұрын

    @@lindavaca3321 If you still want a translation : When a professor have a good overall view his course become instantly very pleasant. There's also the fact that he don't put barricade with his students and is happy to make them participate

  • @richardshi1896
    @richardshi18962 жыл бұрын

    I hope Mr. Gensler keeps his intellectual integrity and not let the politics kill crypto currencies. Blockchain and blockchain enabled ecosystem are still in its early stage. Yes there will be fraud and failures, but what makes USA a leader is the tolerance of new things.

  • @moodynoob

    @moodynoob

    2 жыл бұрын

    13 years and no use cases beyond offering financial products that are regulation free. At what point can we say we're not in the early stages and that the window to prove usefulness has closed?

  • @dzbooking8340
    @dzbooking83402 жыл бұрын

    i am very grateful for this. i was looking at MIT courses but honestly price was prohibitive for me. i was dreaming for this course. Thank you, really.

  • @patricklucas8008
    @patricklucas80083 жыл бұрын

    This guy seems like the real deal.. he is going to change things for our financial system

  • @pembadorji5445
    @pembadorji54453 ай бұрын

    Who knew one day Gary would be the one approving spot Bitcoin ETF

  • @floridahummer
    @floridahummer3 жыл бұрын

    what a fantastic teacher, really enjoying this lecture.

  • @rodr200n
    @rodr200n Жыл бұрын

    Thankyou MIT for the value you give in these free lectures its opened my eyes to bitcoin and world of finance.

  • @NeiRauniSantos
    @NeiRauniSantos2 жыл бұрын

    ótima aula dando uma visão geral de como o movimento e a tecnologia começou, já tinha ouvido a história do m-pesa através de um colega de trabalho que veio do Kenya.

  • @joaogualbertodias3072
    @joaogualbertodias30723 жыл бұрын

    Mr. Gary Gensler I loved your teachings. Thank you and MIT so much !!

  • @OnlyABlemish
    @OnlyABlemish2 жыл бұрын

    Fascinating to listen to Gensler lecture in 2018 in light of his more recent comments on crypto in the real world.

  • @macrovigilance
    @macrovigilance2 жыл бұрын

    Love this guys knowledge, delivery of the subject and general charisma!

  • @greatbear7153
    @greatbear71532 жыл бұрын

    I'm really glad that such lectures exist on KZread

  • @christianobi98
    @christianobi982 жыл бұрын

    This course is really interesting, i started since 6 November 2021, turned it to audio and I'm currently on the 10th lecture. Wish i got to watch the course earlier tho

  • @politicallycrypto
    @politicallycrypto Жыл бұрын

    This is a very good course! Just wish more people understood the importance blockchain technology solving a lot of the financial issues around the world

  • @Joel-rf7bf
    @Joel-rf7bf3 жыл бұрын

    Amazing, I enjoyed every minute of this class.

  • @pallikarazdansingh7862
    @pallikarazdansingh78622 жыл бұрын

    I'm so grateful that I'm able to study this course from New Delhi, India. This is such an amazing initiative to transfer such great and informative couse on cryptocurrenncy that too ,completely free. Thank you so much. My enjoying it a lot. Prof Gary Gensler made it fun and interesting

  • @TheSocialDrone
    @TheSocialDrone3 жыл бұрын

    Internet is liberating education and making it accessible to anyone who wishes to learn, truly, can't believe it though easily! Such high-quality content is accessible to anyone from any corner of the world. These were the privilege of a select few until recent times. Thanks for sharing.

  • @Christine-wh2ub
    @Christine-wh2ub2 жыл бұрын

    Thank you so very much Prof. Gary Gensler, you have many of my questions.

  • @harlanglass
    @harlanglass3 жыл бұрын

    Fabulous content, stupendous teacher, great format (MIT interactive lecture class). Thank you!!!

  • @KW-md1bq
    @KW-md1bq2 жыл бұрын

    This is absolutely astounding that MIT can tap the Chairman of the SEC to teach Blockchain to kids (who are undoubtedly clever, but don't seem to know what 'Finance' is , or 'http', or 'how do we form up for the group assignment'). What an amazing lecturer!

  • @lilithli6560

    @lilithli6560

    2 жыл бұрын

    I believe that the return of any investment is directly proportional to the risk, so I prefer to choose projects with low risk

  • @akashkakati2860

    @akashkakati2860

    2 жыл бұрын

    He became chairman 3 years after this lecture. MIT didn't 'tap' the chairman.

  • @Pbg_Gonefishing
    @Pbg_Gonefishing2 жыл бұрын

    Potentially one of the most valuable free videos on KZread.

  • @DennisSmithGrandCayman
    @DennisSmithGrandCayman2 жыл бұрын

    Stunningly Good. If you are new to Blockchain or Crypto and confused (don’t understand how it thinks) watch this! Over and over until you catch it. Different but not that complicated.

  • @211nale
    @211nale3 жыл бұрын

    Finally a head of the SEC who sees the future ☺ wish I had a professor like him.

  • @aquaphazed
    @aquaphazed3 жыл бұрын

    Amazing that this content is available for free. What a time to be alive!

  • @lancebranch4553
    @lancebranch45532 жыл бұрын

    Gary Gensler is the man. Thanks for sharing because its my dream to be in one of this guys classes

  • @princechisomaga8681
    @princechisomaga8681 Жыл бұрын

    This is really impressive, thank you for making this accessible to everyone

  • @garylabrador
    @garylabrador3 жыл бұрын

    For those complaining... come on! just turn it off and move on and take your negativity with you. We can poke holes in anybody and anything all day long! THANK YOU MIT- this is extraordinary stuff and production value is HIGH. I appreciate this immensely and feel like I owe Gary some BTC now for lessons. Its great to see the Head of the SEC in academic environment. GREAT CONTENT!

  • @alih.3422

    @alih.3422

    10 ай бұрын

    What do you think about of him now?

  • @jakstiles6528
    @jakstiles65283 жыл бұрын

    I love Blockchain tech it is honestly awesome! im just learning starting anyhow

  • @davethompson5899
    @davethompson58993 жыл бұрын

    I didn't know anything about Mr. Gensler until I heard that he was being nominated to take over the SEC. I'm new to cryptocurrency! I'm impressed with his demeanor, style! and amiable teaching style! I would have loved to have been in some of his classes! After watching this I'm glad that he's now heading up the SEC because we NEED someone who understands money AND cryptocurrencies!

  • @none0n
    @none0n2 жыл бұрын

    Thank you MIT and Prof. Gary Gensler for this lecture

  • @Blandyman
    @Blandyman3 жыл бұрын

    Wow it took you guys way longer than I thought it would to get some decent Bitcoin content. That being said I'm glad that you did. Perhaps get some more forward-looking thinkers involved at MIT.

  • @richardtrethowan2040
    @richardtrethowan20403 жыл бұрын

    Very impressed with Mr Gensler, he comes across as very competent and his knowledge and understanding of Cryptocurrency & Blockchain has to be good for the industry as he leads out the SEC, don't let us down Mr Gensler!!!

  • @catenaa4594
    @catenaa45942 жыл бұрын

    Love this professor! I wish I had some like him in college.

  • @eunkyungkim5037
    @eunkyungkim5037 Жыл бұрын

    OMG. Usually I don't say anything but I am really grateful that I could access to this great lecture series. :)

  • @SF-fb6lv
    @SF-fb6lv3 жыл бұрын

    20:11: That would be a $472,880,000 pizza delivery right now (4MAR21).

  • @kaynesheenan

    @kaynesheenan

    3 жыл бұрын

    not bad for a days work

  • @TheGamingMotionTGM

    @TheGamingMotionTGM

    3 жыл бұрын

    @@kaynesheenan and the value is still growing

  • @kayligo

    @kayligo

    3 жыл бұрын

    🤯🙀

  • @kaynesheenan

    @kaynesheenan

    3 жыл бұрын

    Moral of story is to never sell your bitcoin

  • @chrisalves3410

    @chrisalves3410

    3 жыл бұрын

    That is 556M today-3/10/21

  • @julkiewicz
    @julkiewicz2 жыл бұрын

    Wow, this is so wonderfully balanced, nuanced, and in-depth. It's really hard to any other source that passes that bar on crypto on YT. It's all either "crypto is god" or "crypto is satan". Kudos to MIT for making this available.

  • @zcnzkqvxkj9922

    @zcnzkqvxkj9922

    Жыл бұрын

    能免费感受这些知识,这是不错的,目前加密货币正处于暴跌状态,目前不适合做长期交易,可以根据节点来判断做多或做空来继续长期或者短期交易

  • @treydurbin5499
    @treydurbin54992 жыл бұрын

    Damn. Now as of today the 10,000 pizzas is 348M. Continues to prove its value year after year. Such an amazing video. This professor is incredible. So much information. Thanks!

  • @tirthadutt
    @tirthadutt2 жыл бұрын

    My first class in MIT!! This is great, thank you Internet! This makes a case for crypto. Crypto in 2021 is what Internet was in 1980s. Be wise.

  • @MichelBlackburn
    @MichelBlackburn3 жыл бұрын

    BTC was like 14K$ in 2018. I started mining BTC in 2011, and it was so much more easy to mine, at lower cost. Ok, I am not a big PHD, people laughing at me in 2011 saying I waste my time. Now, really hard to make many in the US right due to the Electricity Cost and Algorithm to resolve. This is like 7-8 years late when this speech was made. :-( Well, at least, it's good they share this on the web. Good listening all.

  • @MichelBlackburn

    @MichelBlackburn

    3 жыл бұрын

    I think my expert IT experience is good to share with students and people around. It's a part of education to listen experienced guys. Don't delete my comment please. Crypto is good, but we need to manage electricity cost, hardware, decaying and many other thing: not just possible profit. Thanks MIT.

  • @ChonyiR
    @ChonyiR3 жыл бұрын

    🔥 SEC Chairman Gary Gensler! lets gooooooo! 🔥

  • @akhil2010

    @akhil2010

    3 жыл бұрын

    No one can stop bitcoin now😁

  • @collin5022

    @collin5022

    3 жыл бұрын

    muhahahah! i was thinking the same thing!!!

  • @josecardenas8334

    @josecardenas8334

    3 жыл бұрын

    @@akhil2010 Tether would like to say otherwise 👀

  • @flyhigh4075

    @flyhigh4075

    3 жыл бұрын

    Xrp=currency

  • @tuckerbugeater

    @tuckerbugeater

    3 жыл бұрын

    I can't wait for the pain. HEHEHEHE

  • @capitolfedgroup8311
    @capitolfedgroup83112 жыл бұрын

    Great class. Very informative. I'm looking forward to learning more

  • @Jane.Doe.
    @Jane.Doe.3 жыл бұрын

    I am so very grateful to have these university courses available for free. For the last few years I've been researching and studying crypto currencies, blockchain, buying, selling, trading, using exchanges as well as all the lingo etc... Just teaching myself. It seems every other youtuber (with a channel on crypto and such) is offering their own form of online courses to purchase for hundreds of dollars and up, and their idea of what is correct and helpful is questionable at best. So this is such a wonderful opportunity for me (and others) to finally get a great education at the university level, on this extremely important subject matter! I'm going to have a very busy rest of the year, who knows I might never stop school! lol. Thank you -

  • @AaryyanVivek
    @AaryyanVivek2 жыл бұрын

    I can't believe the chairman of SEC is teaching us here! Thats crazy!

  • @lilithli6560

    @lilithli6560

    2 жыл бұрын

    Thanks MIT for the course. Welcome to Kenya, the motherland of mobile mobile

  • @paulmarks7185
    @paulmarks71853 жыл бұрын

    Amazing. Being a good teacher/speaker is a gift.

  • @joshmendes83

    @joshmendes83

    2 жыл бұрын

    It sure is. Gary is exceptional, engaging, and seems like such a nice guy.

  • @jones192
    @jones1922 жыл бұрын

    Education and info is everywhere. Thank you MIT.