The Currency Analytics
By Dan Saada
Charles Hoskinson, in a video, provided an introduction to Bitcoin and the Blockchain Industry. What is the point of the blockchain industry?
Sydney Ifergan, the crypto expert tweeted: “Cardano (ADA) Charles Hoskinson makes it an easy deal to understand the 3 properties of money and further on to the coming of…
Let us talk a little bit about the 64,000 dollar question. I started in this industry in late 2010, early 2011, as an investor and a miner.
And, I started with Bitcoin. And, I started with something called the Bitcoin education project.
In 2013, there were certainly a lot of them. And, unfortunately, today, there is even more. The reality is, despite the fact that Bitcoin is pervasive with millions of…
Something that not many people in the public and mainstream understand. So, the purpose of this video is to start from the first principles to work our way up to what is…
And, I hope that many other of the leaders in my industry can also make explainer videos to explain what they entered and what they feel so special about what they do.
In 2009, Bitcoin was created. And, Bitcoin was created by an unknown person or persons referred to as Satoshi Nakamoto, basically a pseudonym.
Basically, it is an experiment for frustration and passion. The passion component of Bitcoin was really about an exploration of what is money, and can we create better money.
It is important to understand the context from where Bitcoin came from. If we look at 2009, this was right at the back of the 2009 financial crisis.
And, as a consequence, people were going back to first principles and asking fundamental questions like are central banks creating good money? Can we create better money?
We have jobs, we chase it, lot of people dream of becoming millionaires, but then when you try to deconstruct actually what are those silly pieces of paper in your pocket and…
So, let us explore this and then a little on the passion side of things, and then we can perhaps learn a little bit more about the frustration side of things.
So, first off a unit of account, what does that mean? Well, it is so ingrained into our culture now that we tend to miss this.
So, what if instead of saying my service is 30$, the couch is 300$, and when in a different store it actually charges different prices for different things.