Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management

@DavePatrick901

3 ай бұрын

Right, but then proper risk management doesn't guarantee profitable trading. If you want to acquire better trading results emphasize more on trading when liquidity is present. Nevertheless you need to be able to analyze good market entries and exitRight, but then proper risk management doesn't guarantee profitable trading. If you want to acquire better trading results emphasize more on trading when liquidity is present. Nevertheless you need to be able to analyze good market entries and exit

@VictoriaLisa959

3 ай бұрын

Losses are necessary, as long as they are associated with a technique to help you learn from them

@EricMoore158

3 ай бұрын

​@@DavePatrick901Identifying good market entries and exit has been a very troubling for me. What does it take to analyze good market entries and exit like you mentioned???

@MargaretGeoffrey

3 ай бұрын

Substantially it takes assistance from an expert to perceive good market entries, demand and supply zone. I don't even worry about market entries and exit since I trade with trading Expert. She runs the risk management and research while I get good earnings through her strategies

@AngelaHunt290

3 ай бұрын

Risk management is one of the most, if not the most, principal component to always look out for

Crypto currency investment is here to stay especially the assest Bitcoin if you can't see at this point it's time you learnt more about it.

@quinnsarah6594

2 жыл бұрын

Accurately spoken, this is the best thing I've heard in a while . You've got my point.

@quinnsarah6594

2 жыл бұрын

You've to understand crypto trading is not magic, the best way to make lucrative trades Is to work with a pro

@josejace7776

2 жыл бұрын

@@quinnsarah6594 You're right man. Thought I learnt that the hard way

@josejace7776

2 жыл бұрын

I lost over 15000 USD when I started trading before I finally heeded to advise and contacted an expert trades for me now

@paulalonso2212

2 жыл бұрын

Something similar happened to me but I didn't lose money. I traded with nothing to show for it until I contacted a pro who trades for me and return profits.

Many people get wealthy suddenly in the Crypto market, while others become destitute over a 20-year period and lose everything. Everyone has their own strategy, risk tolerance, and desired outcome.

@floxydorathy6611

Жыл бұрын

Particularly Bitcoin seems to be particularly erratic at the moment, with some forecasting a crash and others a new all-time high. We'll have to wait and see how things turn out, but for the time being, I'm unable to sell, so I'm still holding

@carter3294

Жыл бұрын

@Phil Stones Stop the panic mate... we are never close to the bottom, stop following the social media young investor, for those that sold in a panic{they can't eat their cake and still have it.} Bitcoin will gradually bounce back.Finding a seasoned certified financial advisor who can educate you on the ins and outs of the market is also advised if you're just getting started. I'm referring to individuals like "CHRISTINE BLAKE MCKALE" as I did.

@michealmccoy9249

Жыл бұрын

​@Phil Stones you only lose when you sell , hold for the long term, the market is choppy due to the power struggle in the banking & politics sector , don't be shakened by it , we are all going through this but will come out on top in the end

As an IT professional who has read the initial papers on cryptography >> blockchain; I can vouch for the importance of this talk by saying that this is the first explanation of the blockchain technology and its ramifications that I've understood. I particularly liked the analog showing historical world changing inventions.

Watch at 2X speed , don't keep Earphones at full volume and you can gather valuable insight from this talk. Good content.

Greetings all. I've learned a ton from some of these comments, thank you for sharing them. On the sudden "volume" increases. The taping/recording of this talk had some (many) glitches, this talk took almost 1.5 hours to record (normally TEDx/TED talks are a single straight recording). I kept having to stop because the camera was not working, then the slides were stuck, then the microphone stopped working. Then the clicker battery died (I was the first speaker, so all the AV bugs were found) I was interrupted (had to stop, back up, and restart mid-sentence) about two dozen times. It was fun, I learned how to keep composure, and not break out into a sweat. LOL When I had to "restart", my energy level and voice levels were different every time as I struggled with composure and frustration :-( Hence, in post-production, I think it was very hard for the editors to "smooth" out my energy and voice.

@turtleninjavampire

3 жыл бұрын

Richie Etwaru all good homie the only critique I really had is just learn to breathe every once in a while 😹 let the message sink in & then continue . At times it felt like I was being overloaded w information but overall it was a very good informative talk & I’m proud of u for pulling thru despite all those hiccups 🙌 I bless your hustle 🙏

@karthickkb5079

3 жыл бұрын

Very Impressive :)

@michellecampbell1671

3 жыл бұрын

Thank you, I needed someone to simplify if for me. I understand it alot better now.

@conordia6906

3 жыл бұрын

Thanks for the video, I had just left a comment about the sudden shouting but in the context of the above it makes more sense. Thanks for breaking it down. Good luck!

@stephanieharrover9926

3 жыл бұрын

Excellent talk. Thanks for keeping it clear and simple. You're the best!

It's one of my fav Tedx talks, even though it was 22 mins long I didn't get bored for even a single sec. I was struggling to understand block chain but this talk made everything easy. ✌

the public speaking skills from this guy is straight out of a textbook: I'm fascinated!

@maurozamprognojr7444

3 жыл бұрын

Used the "trick" of suddenly raising his voice too many times.. but it was good.

@iswhatitis4508

3 жыл бұрын

@@maurozamprognojr7444 I noticed those volume intervals and I hated it...3 mins in, leave this comment and I'm gone.

@Patrick-ud3vu

3 жыл бұрын

I had FLASHBACKS to College, when they would TEACH YOU to change the VOLUME in your voice to GRASP the audience. All that was MISSING was large round NUMBERS. Edit: nvm, i just got to that part of the video.

@manassehkisame6286

2 жыл бұрын

Aha!

I don't know what you guys are talking about, I loved it! I don't think I understood what blockchain ''really'' meant before watching this! So kudos!

"Every company in the world today, not just the intermediaries, are at risk of having competition from a blockchain version of themselves" Thanks for this, Richie. Couldn't have put it in a better way. Awesome presentation!

@tterraquente

3 жыл бұрын

Bingo

Watched several videos and read articles to get a grip on the concept. FINALLY this guy gets it to me in an understandable way!

I'm saddened by the amount of people who get caught up in silly details and not focusing on the message of this brilliant presentation. Using dynamics or just being plain silly sometimes can really help a listener remember a lecture and god knows that there are plenty of smart but boring lecturers in the world of information technology (and elsewhere too). This was some very serious food for thought and I really hope that more people find this video. I'm getting the book!

@markfintechwire9643

5 жыл бұрын

ditto

@mohabdul1

5 жыл бұрын

well said.

@sunsande

4 жыл бұрын

You are right, but it's hard to listen to a psycho Baptist preacher voice - even when the message is an interesting one. AND ALL MY PEOPLE SAYING HALLELUJAH!

@ddskimmer

4 жыл бұрын

@@sunsande What in "HEAVENS NAME" is your problem!? You are looking at an explanation in layman's terms about a WHOLE NEW PARADIGM OF LIVING for crying out loud! If THAT DOESN'T MAKE YOU GO: "HALLELUJAH!" YOU MIGHT AS WELL BE DEAD! Now...what I fear is and can see the logos of these "Block Chain Tech companies. Scary stuff." Pyramids. Triangle shapes...all occult symbolism. Ethereum has these shapes and a damn gargoyle looking figure in some of its trademarks. Wooo.

@sunsande

4 жыл бұрын

@@ddskimmer My problem is trying to hear a tech talk (nothing about new paradigm of living - just some new tech), but the speaker cries like religious guru and this is annoying. Your problem seems to be more serious - seeing me dead and triangle shapes, occult symbolism ... we are on very different waves man

I've watched MANY blockchain videos, and collectively they've all helped me grasp the concept. I would actually consider myself an expert by now on all things blockchain. Richie Etwaru has nailed it, it all comes down to TRUST. GREAT JOB RICHIE!!!!!!!

Richie explains a difficult concept without depending on technology and jargon! Simply wonderful! Thank you!

I've watched this video over 12 x already and have been using this to built my company over.

This is the best Ever public speaking overall performance I have seen! Clear, concise, content, charming, bold and most of all, productive.

@JL-mk7fs

3 жыл бұрын

I got quiet the opposite. If you’re listening w ear buds in the style is not compatible, the shouting to emphasize points is annoying and distracting.

@jimviau327

3 жыл бұрын

J L you forgot to honour me with a thumb down.

I agree the gap that needs to be filled is the one related with TRUST. See this is not a video to watch if you have not done your homework already and know where blockchain technology is. He made his point. Now I see so many hate comments that it would be nice if they link to a presentation of their own to watch how fantastic they are.

Doubt kills more dreams than failure ever will. (Never doubt crypto)

@stevewilliams760

3 жыл бұрын

@okam praise It's a good thing to doubt, but hurt when you doubt the right thing

@billymark7125

3 жыл бұрын

Doubt is an uncomfortable condition, but certainly it a ridiculous one. Lol

@greggeorge6711

3 жыл бұрын

@@nancylynn6534 Crypt0 is the future, investing in it will be the wisest thing to do especially with the current rise.

@kelvinmcdonald5113

3 жыл бұрын

Never doubt the power of crypto, it can do wonders

@patienceoluchi5134

3 жыл бұрын

@@greggeorge6711 Stock is good but crypt0 is better..

Watching this in Oct 2021. Everything he said 4 yrs ago is getting real slowly but surely.

My struggle with blockchain was never understanding how it functions. So grateful to find this. Fabulous explanation!

Thank you so much! This is the first explanation of blockchain that didn't make my brain hurt.... it made sense to my not-so-tech-savvy brain.

He was not loud, we call it voice modulation and the way you have presented the idea is simply awesome.

@NestaVision2007

6 жыл бұрын

...dude - HE WAS LOUD!!!

This guy is a genius. literally was so unsatisfied with other explanations until now. this makes COMPLETE sense.

The best blockchain introduction on the internet

If this guy didn't say trust I would turn this window. You did the right thing brother.

Finally someone explaining blockchain in the most layman way possible

@CrashEtwaru

6 жыл бұрын

Thanks for the note. Yes, I am "hoping" that this can inspire anyone/everyone to be a part of the blockchain venture rush - I believe, everyone has a shot to venture with this paradigm, where as with the internet and cloud only a few had a shot at a venture

@kaijahsamuel1950

6 жыл бұрын

Well said!!!

@CrashEtwaru

6 жыл бұрын

You're welcome. I am hoping that the over simplification makes it more accessible to everyone, so that anyone can be a part of this new paradigm! Lets give everyone a chance to be a part of the change!

@maciejmaciata5981

6 жыл бұрын

Just imagine that the tangerine farmer's books are on blockchain ledger, his accountant business is a blockchain company and all the sales of regulated pesticides are recorded using the same technology. It's still possible that the farmer treated the tangerins with sth someone gifted to him, or that they got sprayed by mistake by his neighbour, but imho the trust gap would be filled well enough.

@maciejmaciata5981

6 жыл бұрын

Guillaume Nani, not necessarily, It would be enough for the farmer to certify all his transactions with block-chain, but I see the room for tampering in that situation. In a nutshell: bigger the network, better the verifying capabilities. The need of privacy in monetary matters comes from lack of trust and even though it's not completely necessary for the system to work, we could benefit greatly from better financial transparency in many fields. At the same time it doesn't need to be total and unlimited. Just to clarify - the farmer doesn't put anything into the block-chain. The information is being added and distributed each time he makes a transaction, that needs to consistent with the other side and rest of the network.

I pray whoever reads this will be successful, keep fighting for success, the rich stay rich by spending like the poor and investing why the poor stay poor be spending like the rich yet not investing, Roar!! Invest, earn and be successful.

@caseyholland170

2 жыл бұрын

It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path or at least tell me what I'm doing wrong?

@karadanielle9324

2 жыл бұрын

If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key.

@braingoughnour2384

2 жыл бұрын

in a few months or no time people we definitely be kicking themselves regret for missing the opportunity to buy or invest in cryptocurrency.

@tommybutler5567

2 жыл бұрын

If you want to be successful have the mindset of the rich spend less and invest more don't give up your dreams..

@claywilcox6712

2 жыл бұрын

Investment is the quickest path to financial freedom, the rich stays rich by spending like the poor yet Investing while the poor stays poor by spending like the rich yet not investing

I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.

@maureen...

3 ай бұрын

I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

@maureen...

3 ай бұрын

Google " katefxfloretta " take classes to learn more about trade.

@maureen...

3 ай бұрын

+1786

@maureen...

3 ай бұрын

5505

@maureen...

3 ай бұрын

508

Interesting talk (well done) but the basic question for me is still unanswered, i.e., how to control (trust) the initial entry into blockchain? I listened to many talks and have read a few books on the topic, and they all ignore this issue. If the party entering an item initially is compromised / corrupt, then having an immutable chain afterward is useless.

@AnslingerBertmon

2 жыл бұрын

Exactly my thoughts!!!

@sofiasierralord4613

2 жыл бұрын

Such a good question!!! Like politics when it all began... in theory, it was/is for the benefit of the people, but in practice?

@patrikjansson1173

2 жыл бұрын

The trusted party signs the entry. Therefor saving the proof that it was the actual trusted party that made the entry.

@fcu10

2 жыл бұрын

@@patrikjansson1173 sorry but who can say that all the used chemicals will be registered in the blockchain, a "Tangerine farmer" may do things at night then what trusted party is there?

@suhailbhatadam9153

Жыл бұрын

Well in case say you are the fifth or sixth person to get involved in a transaction, then 2nd and 4th person will act as a entity you can trust, provided your mind works in the following manner: You take your decisions considering the risk other persons have put into their and your joint Bussiness..

Absolutely brilliant ! thank you....could not have appreciated this concept in a simpler way !

Blockchain explaniation delivered in the most simplified way. Great video for people still trying to understand what it is and how it's changing the world

@andrewklima9523

3 жыл бұрын

Then this is overly simplified 😂😅

Now I know how to explain Blockchain technology in layman terms :) .. Excellent presentation Richie.

@satyajitsethy657

5 жыл бұрын

Can u explain it here in some lines ?

@PolishBehemoth

3 жыл бұрын

@@satyajitsethy657 block chain is a digital ledger of information. It does not deal with banks or intermediary. Its like writing something down but on a block of information and its chained together.

Great presentation. I understand this a lot better. I do have a question though... How can you verify that things weren't added into the chain maliciously or by corrupt individuals? I can see how you can trust that the chain itself hasn't been tampered with, but you can you trust that the individual items in the chain are legitimate? As an example, I'm a company that adds verification blocks to ensure that a tangerine is organic. The tangerine company pays me under the table to push the verification to the chain. So in a way, isn't there still a trust gap in that we need to trust the blocks themselves were placed legitimately?

@Mediciousfoods

Жыл бұрын

The solution to this is the concept of a distributed ledger. Even if you could convince one person, you most likely can't convince 100 persons to alter information.

Simplified explanation, literally. Thank you!!!

*GOOD VIDEO; EVERYONE NEEDS MORE THAN THEIR BASIC SALARY TO BE FINANCIALLY SECURED, THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST, MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS,*

@georgeedward6246

2 жыл бұрын

I totally agree with you, the Crypto market is the most profitable venture I ever invest in

@georgeedward6246

2 жыл бұрын

I reached my goal of $500k yearly trade earnings.Setting realistic goals is an essential part of trading.,

@melissabrockman6397

2 жыл бұрын

most intelligent words I've heard,

@melissabrockman6397

2 жыл бұрын

Crypto is the new gold,

@melissabrockman6397

2 жыл бұрын

I'm a huge fan of crypto, I hold some few coins in my wallet.

This is really well explained! Very impressed!

I really like this eplanation. Very simplistic and engaging (IMO). Getting ready for my project defence and this talk really helped. Thanks

A handful of pithy gems, along with a great graphic on explaining the blockchain with a real world example. Well done.

A great presenter's skill is to easily explain a complex subject matter............well done!

Very well explained, very well presented.

Excellent. Very Simple & Clear

Great presentation. Nicely done. He made it very clear that Blockchain in and of itself DOES NOT solve the "trust hole". It needs more.

Absolutely brilliant presentation! This tech will bring revolutionary breakthrough in almost every aspects of our society. Thanks to TED and Etwaru for such an amazing presentation

Hey, I am a complete noob and not a computer whiz (I just get around) but I am hella excited about Blockchain, Ethereum and Bitcoin - cryptocurrency - decentralization, TRUST, a new and wonderful world eventually...anyway, I see it LOL BUT I did need it spelled-out simply so...GREAT, thank you! I add this talk to my roster. I especially loved it when you got excited and started shouting BLOCKCHAIN ENTHUSIASM for the WIN.

@charleslawson4840

2 жыл бұрын

Thanks for watching For more info, W a t - a p p + 1 3 3 1 2 3 2 3 2 6 4 🇱🇷 🇱🇷

Only 2/3 way through the video but I find his presentation and breakdown of the material is extremely good. His slim shady voice does off a bit odd but its an effective way to interrupt the flow of information and refocus the listener on the overall perspective he wants you to keep hold off.........and for me it worked. I think his presentation is very thoughtful of the needs of the listener. Great video.

So happy to see that progress in this moving times. New bussines, new working opportiunities, more confidence.

Best explanation of block chain that i could find on internet

I have been watching some videos and I was thinking about investing, but still don't know where to start from.

@thabileyalezo6018

3 жыл бұрын

I have heard alot about forex and bitcoin watched multiple video but always get confused 😕

@markportillo954

3 жыл бұрын

It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.

@dannymario1318

3 жыл бұрын

I want to start too but i don't know how..

@josesharp6308

3 жыл бұрын

Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

@johnmario513

3 жыл бұрын

That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts

When someone says "Unhackable" ... it makes me think about the "unsinkable Titanic" :-) Every month we see hacked banks, credit card companies, encryption keys that have been compromised, but they created systems that were unhackable. I really hope that blockchain is a little more robust than our previous attempts at creating a better system, as it solves a lot of issues. :-)

@TheRajaSikander

4 жыл бұрын

The "key" is actually a hash (a code in hexa-decimal number system). And a hash key (for any data) is calculated by advanced algorithms and it is universally unique for any given combination of characters including empty spaces. i.e. If u replaced/change as much as a single full-stop in a document; its hash will change not partially, but COMPLETELY. Consider it as a finger-print of a document. This is what he meant by "unhackable".

Before watching this talk, I never actually understood what a blockchain is, although I watched many many videos explaining blockchain but never really understood it ,, what a valuable talk, thank you

great explanation !! understanding has increased dramatically from confusion to clarity finally ... Thank You

This video helped me click on the blockchain concept. Great talk and great insight about what it's applications could be used for other than digital currency. One of the better TEDx videos I've seen.

@CrashEtwaru

6 жыл бұрын

thank you! Let me know if I can help further

Making money is the plan and with Bitcoin Investment your plans can be fulfilled

@louiscruz9175

3 жыл бұрын

@Randy Gibson You don't need to be shocked, cause am also a huge beneficiary of experts Elias Greyson.

@louiscruz9175

3 жыл бұрын

he helped me recover what I lost trying to trade for myself.

@philiphunter4133

3 жыл бұрын

Who's this professional everyone is talking about, I always see his name at top comments on every KZread video I watched.

@joerice513

3 жыл бұрын

I have been scammed severally and it really hurts

@joerice513

3 жыл бұрын

Intrested in investing again, but can this Elias Greyson fx be trusted?

Excellent presentation.... Grasping blockchain far better now!

A remarkable talk. He took his opening minute to cover what could have been done in 15 seconds. And the subtle references to toilet humor? Excellent. Clearly, this is a professional who values his own time as well as mine.

Crypto investment is great unlike the stock market and other financial market, crypto has no centralised location since it operates 24hrs in different part of the world

@maxxggmk

2 жыл бұрын

Investing in these economic crisis will be one of the best thing to do

@BB-hd7xh

2 жыл бұрын

You're right I think Gold and Crypto are the best to invest right now☺️

@samuelfreeman4703

2 жыл бұрын

Gold's are good but crypto is better

@bowmore6938

2 жыл бұрын

That won't bother you if you trade with a professional like Mrs hanna macko

@rio1914

2 жыл бұрын

She's obviously the best I invested 2000USD with her and in 9 days I made a profit of 9101USD

An essential element of blockchains is that you have agents competing to solve a time consuming puzzle. If an entity has to much computing power compared to the rest of the competitors, the blockchain is compromised. That makes the number of trust-able blockchains in the world limited. I may be missing something but I don't think you can have blockchains used for everything. Unless we end up with a few extremely versatile blockchains that can be used for almost everything.

@willtoflower

6 ай бұрын

Maybe AI coders can help with that

Excellent presentation. Blockchain simplified. Say, what is Blockchain in a layman's language; this is what this talk did. Reading or listening to other material of Blockchain will be more comprehensible once one has heard this. Blockchain would cause disruption in future. Already, some states in India, are using Blockchain technology in the Land Records Registration departments. Thanks Richie Etwaru.

Incredible presentation! Outstanding in terms of clarity of ideas, sparkling delivery and capturing audience attention. WOW!

BY DURINS BEARD!!! THIS IS GENIUS!!!

" Trust but verify" was used by Lenin in his book. Reagan repeated them when he was meeting with Gorbachev.

@CrashEtwaru

6 жыл бұрын

Of course, I learned that form a comment below, good to know!

@alexjanaqi

4 жыл бұрын

thank you for the comment. didnt know that

Finally someone that actually does explain it in layman's terms, thank you very much

That was amazing. Thanks for the simplified version. Trust is imperative in this day and age.

All I needed to hear is the "Tangerine" analogy to understand the use of the blockchain 🍊🤔

@FineBakedPastry

3 жыл бұрын

When I see these blockchain tangerines, I will buy a box, eat the organic tangerines and stuff the box full of fake oranges instead. When my chimney falls apart, I will get the inspector to overlook the cracks by slipping him a Benjamin. The hand waving magic of blockchain doesn't actually solve anything at all.

It's impossible as an investor not to experience gains or loss. That's a constant factor in any investment

@graciejorge8345

2 жыл бұрын

Bitcoin holds a value greater than any form of money ever invented/created.

@davisprice556

2 жыл бұрын

Minimizing your loss and maximizing your gains is what's important in sustaining a business, long term.

@williambrown9786

2 жыл бұрын

To those who invested early in bitcoin and held on to it. I consider them visionaries... Rich and lucky too

@danielcraig3204

2 жыл бұрын

Most interesting thing about bitcoin is that it represents a whole legion of adventures and entrepreneurs of risk takers, investors and problem solvers

@LarrySmith-bq1ov

2 жыл бұрын

Bitcoin is one of the most viral concepts I've ever encountered that's why an expert is recommended for trading to benefit investors around the world

OMG!!! Unbelievable in the first minute of this he described me EXACTLY right now. Love it!!

@charleslawson4840

2 жыл бұрын

Thanks for watching For more info, W a t - a p p + 1 3 3 1 2 3 2 3 2 6 4 🇱🇷 🇱🇷

video still amazes me. ive watched it a few times and its his presentation and information that has allowed me to really get a great foundation of this new tech. ive tried watching other popular youtubers in the crypto space and they have not really explained it this way!

And time is our most valuable and scarce resource. Keep your time safe by converting it to bitcoin 💪

@elizabethwarren4317

3 жыл бұрын

@Hassan Ignatius You are right sir

@elizabethwarren4317

3 жыл бұрын

speaking of investing, forex trading is the best business in the world right now i know a couple of of friends who make a lot of money weekly trading the financial markets

@ericbelnard6957

3 жыл бұрын

Most people don't invest due to ignorance.

@michellewilliams7411

3 жыл бұрын

People are scared of investing because of high rate of scammers on the market.

@ericbelnard6957

3 жыл бұрын

@@michellewilliams7411 But of a truth they are scammers but real brokers are out there too waiting for investors.

His tangerine concept at the end just described VeChain

@xolaniblose8993

3 жыл бұрын

Indeed

@joshedwards8160

3 жыл бұрын

👌

Great explanation! love the speaker and way he shows how it works and the USEFULNESS! :)

Massively simplified explanation and mesmerizing tone.

Wow, he is talking about 2020 and I am watching it in 2021😂😂😂

@prankurvats8551

3 жыл бұрын

Lol

@pogofuzz

3 жыл бұрын

Same! I feel late to the game.

@pquach00

3 жыл бұрын

@@pogofuzz same here but better late than never :)

@djtall3090

3 жыл бұрын

@@pogofuzz ask anyone you know to name 3 altcoins. You are early, act accordingly. best of luck

Investing in crypto and bitcoin now should be in every wise individuals list, some months later you I'll be ecstatic with the decision you made today.

@lioslima1129

3 жыл бұрын

@Jennifer Donovan you're right ma'am

@lioslima1129

3 жыл бұрын

Bitcoin is really profitable when you invest with a professional broker

@lioslima1129

3 жыл бұрын

Most times having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say forex and crypto trading is one of the profitable money exchange services that elevate investors and their financial status.

@helenatawiah4699

3 жыл бұрын

@Jeey Lovezee You can say that again 😂

@helenatawiah4699

3 жыл бұрын

@Jeey Lovezee Her success stories is written all over the globe 🌍

Woah.... A so sophisticated concept explained in a simpler way possible

thank you for this! really helped me understand the logic of it.

Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating..

@glenjay5759

2 жыл бұрын

I've never stopped thanking my friend who introduced expert Nancy to me

@gavinralph4042

2 жыл бұрын

Who is this Expert Nancy everyone is talking about and how do I contact her directly?

@gavinralph4042

2 жыл бұрын

@micheal dollin Please how can I reach her?

@gavinralph4042

2 жыл бұрын

Looking to starting up with $20k

@gavinralph4042

2 жыл бұрын

Sure, thank you very much

Hello I'm new to bitcoin trade and i have made few loses storing BTC, but recently i see a lot of people earning from it, can someone please give me a new strategy on how to earn

@owenrawung9924

3 жыл бұрын

Bitcoin should be transparent and it isn't as easy as people thinks It is, there are so many strategies to be learnt and unfolded about Bitcoin trading

@shawnpeterson1904

3 жыл бұрын

I agree with you man

@susanclark955

3 жыл бұрын

How does this whole Bitcoin stuff work. I'm interested in it. And willing to invest heavily in it. But I need guidance so I don't loose out.

@claytonfaile7199

3 жыл бұрын

I'm new to trading and my presumption is that I'll be needing an expert to guild one through. But I'm a bit curlous about getting one

@frankjones8859

3 жыл бұрын

You don't need any one to teach you on how to invest your coins. You can make research on your own and start doing it yourself

It's now 4 years after this video was made. I just watched for the first time. Best video ever still and I've been searching for these answers

TY ...NOW I UNDERSTOOD THE PURPOSE OF BLOCKCHAIN TECHNOLOGY

Basically blockchain concept comes from linked lists. Use of cryptographic hashes, linked lists further extended to blockchain.

This speaker is an adjunct professor teaching courses in the field while working on a Phd in organizational leadership. He knows how to present well due to practice of the most necessary skill for leaders - effective and engaging public speaking. He has taken a new technology and presented it in clearly understandable terms. The "shouting" is likely effective voice projection to be heard by the audience.

@fredricobona6371

5 жыл бұрын

Are you him?

In college I had learn how to do public speaking. Know your audience and body language. Your content stage presence was bang on. I learned a lot about block chains. Produced some ideas for my own business idea, and my hope to create a block chain Idea in the hospitality as you referred to in your channel. Thanks for the informative video!!

Thank you for the clear and simple explanation of how blockchain is becoming the next great and needed change agent for humanity.

Good, insightful presentation. I recommend it. Trust me!

@CrashEtwaru

6 жыл бұрын

thanks mate. looking forward to connecting soon

@nickfotopoulos5323

6 жыл бұрын

"Trust me!" Not without a blockchain sir!

@CrashEtwaru

6 жыл бұрын

LOL - I cringed when I realized that I said that (as I watched the video for the first time) - its a lot to manage when giving the speeches, and these types of mistakes are kinda hard to completely avoid :-(

@dougrobinson2024

6 жыл бұрын

Actually, he did a terrific job explaining a very complex topic!

@CrashEtwaru

6 жыл бұрын

Doug Robinson thank you sir - it's an opening body of work - viewers should watch other videos after this one as well

12:49 - did he just say "turd record"?! Awesome video, thanks Richie. I think this is the next greatest invention of my (millennial) time, blockchain and crytocurrencies. Those who hate on either or just simply don't understand or are too lazy to want to understand. Time will tell...

@CrashEtwaru

6 жыл бұрын

Pete thank you for the note - let's start a revolution where everyone (or anyone) can participate!!!

@mickehill

6 жыл бұрын

hahahaha lol "thurd record"

@user-nc6rn3rd2h

5 жыл бұрын

To be sure. Its his Irish ancestry rising to the surface lol.

I must be the only one left in class left with questions. This is the most complicated explanation I've heard yet.

MIND BLOWN, I'm literally on the throne watching this right now.

Fantastic speech. Blockchain is explained in simple terms with visuals that helped me understand. Confident speaker. Humour broke up what is a complex subject and helped give the audience a mental break from intense concentration on this new and mind blowing digital concept.

@CrashEtwaru

6 жыл бұрын

Thank you for the note. Lets help everyone be a part of the paradigm, not not only the privileged!

Question: How does a factual error contained in either the first ledger entry or a subsequent ledger entry get corrected when each subsequent hash key is dependent on that error remaining uncorrected?

@-ShootTheGlass-

4 жыл бұрын

I guess your question remains ignored...

@TheRajaSikander

4 жыл бұрын

One way is that you have to openly announce what block you're going to change and what changes you want in it and "why". And then the algorithm will recalculate keys for every subsequent block and re-distribute it. This way everyone knows that a correction was made. This is one way . There might be others and better ones out there.

The easiest presentation that I ever got for blockchain. It was absolutely amazing.

This was a really good presentation! After reading and watching MANY videos on bitcoin/blockchain, etc - I have a much clearer understanding of how blockchain works. I'm wondering how this would be utilized for a personal training or fitness training business. I'm very interested in learning more as this really intrigues me. Thank you in advance.

Very insightful hopefully we make this sh*t happen

@bard1250

6 жыл бұрын

anonymous just like 256 and Tor were created by the government. They will start with micro chipping terrorist watch lists. Later everyone will have to be microchipped. Sensors will be installed on land, air and water. Just like in ww2, they will build this world monitoring system on the backs of geniuses like vitalik. The 1% that controls the government could have stopped this if it was such a threat to their control. Why haven't they?

@kwisclubta7175

6 жыл бұрын

Yeah, you said that already. Is this something you do? Copy and paste your unoriginal conspiracy theories to comment threads that have absolutely no relevance to it?

Very interesting concept, let's hope it catches on. Re ; checking the validity of the Organic Tangerine, surely the scan code could be copied by an unscrupulous supplier from a validated and trusted supplier, and you would be non the wiser? How would one also apply such a concept to something like insurance where you expect to get ripped off?

@CrashEtwaru

6 жыл бұрын

Hi, this is a very good question ... I don't have great answer - but some decent thinking (I think, lol) - this is where millers equilibrium theory comes in, where the cost of a transaction (real our counterfeit) becomes so low or so high, commerce or crime can in some cases be "not worth doing" ... the return profits of faking instead of actually doing it can be low ... we can discuss further if you like.

@ganeshapp9792

6 жыл бұрын

Richie Etwaru copying an existing QR code isn't that difficult. This doesn't fit the Miller's theory. The cost to copy a QR code is far cheaper than converting your existing inorganic farm into organic farm. More over, the blockchain in supply chain confuses trust on immutable ledger to that of trust in people. The big assumption made here is that there is an inorganic tangerine supplier who was audited and found inorganic by an inspector who added the inorganic information to a centralised ledger. A shopper scanning the QR code now can't trust the information in the app, because well this inorganic supplier could have hacked the centralised ledger and modified the data (Miller's theory, very unlikely). And so having this in blockchain would be more trustable. But the probability of the supplier hacking the centralised ledger and changing it is far lower than him bribing the inspector and getting him to enter "organic" in the first place. Be it centralised or blockchain, if the inspector enters it as organic and signs it with his key... it won't matter if the information is in blockchain or centralised ledger... the trust level is zero.

@maciejmaciata5981

6 жыл бұрын

Jiffy, Ganesh App & Guillaume Nani - The very idea of blockchain is that there is no inspector needed. How I see it is that the verification is done by cross referencing all the transactions regarding the farmer, all his suppliers and clients, his accountant and the national controlled substances database (obviously blockchained). Then the app on Your device calculates the probability of the tangerine being actually organic (or particular alergen free) based on all these publicly available data. That would create a strong incentive for the producers to be even more transparent, organic or non-organic only and to do theirs business with blockchain implemented partners. Copying the QR code gives nothing as you would instantly notice with the app that its not that brand, not that shop and not that expiration date ;)

@ganeshapp9792

6 жыл бұрын

Maciej Maciata so you are saying the farmers can't get chemicals without it being recorded on the blockchain? That they have no incentives to work with block chain supporting suppliers transparently, and on the side work with non-blockchain supporting suppliers to get chemicals with Fiat. Black market will exists. And we are also assuming that this can't be achieved with a centralized DB, because well the farmers will hire Russian hackers and modify records. But wouldn't it be easier for the farmer to modify the records before even putting them on the blockchain?

@maciejmaciata5981

6 жыл бұрын

Ok, one thing at a time. I'm saying that ideally yes, every purchase should be recorded on a public ledger. Even still using cash You would need a hash key to make the purchase. In most countries pesticides sales (at least the dangerous ones) are already restricted and recorded by designated institutions. Implementing block-chain technology by these institutions would make theirs DB accessible and usable. The idea assumes that the farmer runs his business and keeps his books on a transparent block-chain, right? So finding money to buy smuggled pesticides on a black market would require some pretty creative accounting I recon, and in this case we are not talking about a sustainable model here. Not to mention millers equilibrium kicking in. This is achievable with centralized DB, but much less accessible/effective, more expensive and vulnerable to tampering and data corruption of any kind. I don't see how the farmer would be able to modify the record as the information about him emerges from all his transactions with his partners, transactions of his partners with theirs partners and so on. He would have to convince each partner to be able to record a false information to the chain, and if you're thinking 'how hard breaking the encryption can be?', just google "mining farm" ;) I understand and appreciate your approach, we shouldn't be over optimistic, we should think of and talk about all the worst case scenarios we can imagine. I'm not saying either that it's gonna be perfect or easy to implement but the technology is there and we should recognize it's advantages and capabilities.

Hello Richie Etwaru, your way of presentation and your PowerPoint slide clearly made me understand about Blockchain. Thank you for awesome presentation.

Thank you for simplifying the concept blockchain. Great content for newbies

great rhetoric!!! great content of the talk. wish you better and more receptive audiences though haha

I started investing on this Bitvest24 platform a month ago. The outstanding and easy explanation of, everything was perfect. The customers service is very good tool. They called me back immediately and they were gentle and helpful.

Great job here Richie...thanks .

This is the best explanation for the blockchain. Thank you!

my question is how you trust if the information added on the blockchain is right or wrong? for example, how I know if the farm put the right information of each step to produce organic fruit? if there is dispute on some data added on the blockchain, how and who to resolve the dispute?

@chin2gooner851

5 жыл бұрын

So you need to realise that nothing in this world can be perfect. We only tend to make ourselves better than we have been till then.

@draghuna

5 жыл бұрын

@Ameer Here is a thought: There will be, for every blockchain, several other blockchains with data in them that one can cross verify the first blockchain's data with. One feels like Metcalfe's law will apply to block chains too and therefore the intrinsic value of a blockchain will somehow be proportional to the number of other "related" blockchains.

@sjoerdbackx6109

5 жыл бұрын

@Ameer Don't forget that everything on the blockchain is based on a consesus. Informatie that goes in the blockchain is also implicated with consensus. I can go "on" the blockchain and tell everybody how much I have in my current bankaccount, but this won't get up in the blocks just because I said so even though it might acctually be true. There has to be a consesus that what I said is true. Who should have consesus with whom, well that can indeed be difficult. But don't forget that trust in a blockchain isn't plain regular consesus but a consesus derived from the longest chain in the blockchain. Which in turn can bring new problems when for example the fraudelient information got on the chain but only gets adjusted 90k blocks further. But as other commenters have said: nothing is perfect. And in addition to that: what commerce information that you have is pure fact and can't be disputed when new information is discoverd how can you ever be certain that something happend? Plus do you want to go to such length to get THAT certainty?

@mau345

4 жыл бұрын

well this tech goes hand in hand with ai and cheap automation. if you want detailed accounting of fruit as an example, you can have an automated transport and camera with quality assurance sensors that validate untamperable data based on the fruit’s actual dimensions, “fruit id” with barcodes,color inflouresence (lets say you want to assure that no harmful pesricide was used or the fruit has the optimal visual traits). if all meets the buyer’s criteria, the system automatically vouches for it (lets say no missing and bad data),then you won’t worry about fraud. and when the buyer pays, that simply goes with the system easily. the transaction is fixed. of course not all is perfect you still have a gradient of “quality” in products, but a low grade quality market shouldn’t be necessarily excempt from this system and existing buyers could still access it with minimal mistrust.

@Stevenjweber

3 жыл бұрын

@Harshil Raval people choose to comment on simple ideas so they don’t have to type a long paragraph even though the may understand the complex idea