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Bitcoin Development Now Funded by Several Multinational Corporations

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Bitcoin Core developers are largely paid by a company called Blockstream, and Blockstream has announced a large influx of capital from several multinational corporations. Read this Brave New Coin report with us to explore the future of Bitcoin Core development in light of its funding sources. Check out our new channel! http://youtube.com/dashorg Connect with us! [website] http://TheDailyDecrypt.com [podcast] https://yourlisten.com/TheDailyDecrypt [tweets] http://Twitter.com/TheDailyDecrypt [facebook] http://Facebook.com/TheDailyDecrypt [RSS feed]: http://mix.chimpfeedr.com/5b92e-The-D... Wanna sponsor a show? http://TheDailyDecrypt.com/Sponsorship Sponsor: Oraclize: http://oraclize.it Show links: Blockstream: http://blockstream.com Brave New Coin report: http://bravenewcoin.com/news/proponents-of-small-bitcoin-blocks-blockstream-going-from-strength-to-strength Music: 'Date With the Night' by Yeah Yeah Yeahs: https://www.youtube.com/watch?v=NGNHQKeoSGY Contact us: http://TheDailyDecrypt.com/Contact Tip us! See our addresses for Bitcoin, BitcoinDark, Bitshares, Dash, Dogecoin, Ethereum, Litecoin, Monero, Neucoin, Nubits, Nxt, Peercoin & more at http://TheDailyDecrypt.com/Tip-Us ProTip ready: 17LdaZjmiVzY3wfL4af89FAcgFkAgncrQe
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Text Comments (60)
The Crypto Type (27 days ago)
I always wondered why you went to Dash! Now in 2018 I clearly see what blockstream has done to the BTC community. Only if I had known then I what I know now I would of left sooner. Best wishes to dash hope you guys do well.
Elliot Alderson (2 months ago)
Heres the debate on what happened.https://youtu.be/zSbPz4g9rZQ?t=34m53s
Ash Vecchio (3 months ago)
There's an alternative! BCH community telegram: https://t.me/bitcoincash_BCH BCH Japan https://t.me/BitcoinCashJapan BCH Korea https://t.me/bitcoincashkorea_bch BCH Spanish https://t.me/bitcoincashspanish_BCH
Mister Anderson (3 months ago)
Amanda's back! Subscribed, missed you! That spooky chick doing the Dash videos freaked me out, missed your geeky girl next door persona.
Angelo (3 months ago)
Mister Anderson Lmao. Time stamp, bro. Time stamp.
Charles Frances (5 months ago)
Great work! Why are so many people pushing the Lihtning network? This is what the banks want! Do people really think that the banks are going to want bitcoin to be decentralized? Or have few and low fees? The banks controle bitcoin now. Bitcoin cash is the true bitcoin.
BloodlineMedia (5 months ago)
Jamaa L (6 months ago)
RobertDoosh (6 months ago)
This FUD coming from a coin that has to spend $4M a month to remain relevant, despite its massive pre-mine and masternodes which are literally money laundering machines.
RobertDoosh (6 months ago)
Fone Star Good luck in life.
Fone Star (6 months ago)
If you understood crypto you would understand that cryptos are money laundering. Now why do you not like money laundering?
RobertDoosh (6 months ago)
I understand the tumbling properties of Dash masternodes, yes.
Fone Star (6 months ago)
You don't understand crypto-currency do you?
RobertDoosh (6 months ago)
Ok there, buddy.
Antonio Colella (10 months ago)
you are damn good, in every sense
M. mbarek (2 years ago)
so beautiful
vortex (2 years ago)
Such BS, only 9-10 developers of the 40+ core devs are actually paid by blockstream.
Hakkaja (4 months ago)
Wrong! Their all funded by Mastercard and AXA.
Henry Jones (2 years ago)
I was hesitant to accept the notion of currency competition, but I have grown to agree with your perspective - bitcoin is one cryptocurrency option, it isn't THE cryptocurrency option.
Bijan Fletcher (2 years ago)
that is one handsome cock eyed man - yyy's !
prospero (2 years ago)
Thanks for the intro song......Super-Duper!
Daniel Evrard (2 years ago)
I am a native french speaker and if you want to pronounce "François Robinet"" in french , you don't pronounce the T. Thank you for your videos :)
Bitcoin (2 years ago)
Kindred788 (2 years ago)
If not Blockstream then it will be the banks making their own version of Bitcoin with their own profit schemes. Blockstream is SIDECHAINS so it's not like a corporation is taking over Bitcoin, BTC is still BTC and always will be, this is just adding value to the blockchain and to Bitcoin itself. If we want mainstream adoption eventually mainstream companies will get involved. I trust Blockstream more than Bank of America...just sayin
Tao Jones (5 months ago)
Kindred788 You are very trusting indeed.
kosai19 (2 years ago)
Excellent reporting... You are confirming why Bitcoin is a good crypto to stay with.
fiazkou (2 years ago)
Next time better leave a link below the video. I prefer more your analysis and/or opinion than quoting
BCHIN (2 years ago)
Since when did we give a shit what banks want? Bitcoin was supposed to bring down the banks, not try to cater to their needs. Blockstream and Core are a bunch of snakes.
Tao Jones (5 months ago)
BCHIN So obvious to see this. I say fuck it. Bitcoin sucks balls. Dash and BitcoinCash will handle it from here.
Roy Wessbecher (2 years ago)
Yup, big money in a small space is always a problem - sooo many $'s sloshing around! Could drive Bitcoin through the roof, which is not good. Currency wars. We need long-term stability.
Vention1MGTOW (2 years ago)
Nice increase in the price of both bitcoin and Dash today. I would have used the recent price dip to buy more bitcoin but after 2 years I reached my goal for my bitcoin stash. Now I'm accumulating dash, Ether and good old fashioned clinking metallic silver. I'm holding my bitcoin long term though. If big corporations get involved in bitcoin, more corporate money is likely to follow and then "Blamo!" an 8 or 9 thousand dollar bitcoin price, and then "Bam" I'm retired 14 years early and become a wandering mechanic for Permaculture communities. Fun!
Loshan T (2 years ago)
"I'm your host Amanda B. Johnson" - now, now Julia.
Amanda B. Johnson (2 years ago)
+Loshan T Ha ha! You so perceptive. :)
invisibleaznDJ (2 years ago)
hmm, doesn't Blockstream go against the whole point of crypto currencies? Will we just be trading 1 set of rulers for another?
Elliot Alderson (2 months ago)
Shes hinting at bitcoin cash ;)
Hakkaja (4 months ago)
Bitcoin would of been a fast and cheap payment method, alot of merchants wanted to use it but it was crippled by blockstream, they just stated that it is impossible to scale, wtf?!
Charles Frances (5 months ago)
I think so. It is sad to see this happening. There are other crypto currencies as somone mentioned. I think Bitcoincash is the true Bitcoin.
Tao Jones (5 months ago)
Amanda B. Johnson Exactly .
Brandon Kiel (6 months ago)
JZA (2 years ago)
All that corporate speech made me barf in my mouth. 'we dont want some looney secure by science bullshit, we want what our buddies at wall street tell us'
ugh (2 years ago)
Huge conflict of interest for most of the bitcoin core team to be Blockstream employees. Blockstream's entire business is sidechains. Of course they won't raise the block size limit.
Stewart Mcleod (2 years ago)
Amanda, protip does not recognise your bitcoin address. Maybe it is beacause it is in the 'show more' section.
Bitcoin Art Gallery (2 years ago)
+The Daily Decrypt you have to reload the page sometimes for protip to find it on youtube
Amanda B. Johnson (2 years ago)
+Stewart Mcleod Really? Oh, that's no good, eh? Shoot, maybe it has to be right in the first paragraph of the description or something...
fluttershy77x (2 years ago)
That's good news. More money to smart people.
Filip Žalud (2 years ago)
+djsnakeyes no
djsnakeyes (2 years ago)
+fluttershy77x Wrong. They are turning Bitcoin into a settlement layer which they will control the access ramps to through sidechains. Educate yourself: http://bit.ly/1KtAA88
fluttershy77x (2 years ago)
+invisibleaznDJ actually I disagree. Blockstream is not some external party which "takes over", but was founded by Core developers, who build the whole system. It's merely a formality, and now they are even better equiped to work on improvements.
invisibleaznDJ (2 years ago)
+fluttershy77x Sounds like another top down mechanism to me. Trading 1 set of rulers for another. Bitcoin to crypto, is what myspace was to social media. I wouldn't put all your eggs in this basket.
sbohunko (2 years ago)
In the Bitcoin vision of the future, corporations don't disappear, mega-governments do. If you are uncomfortable with corporations getting involved with our currency, Bitcoin might be very disappointing to you. Id advise you to try looking at the commerce corporations wont be interested in; such as barter and personal token currencies.
Tao Jones (5 months ago)
sbohunko I'm already very disappointed in bitcoin. That's why I'm excited about Bitcoin Cash, Dash and Litecoin etc.
djsnakeyes (2 years ago)
Fuck Blockstream! Why? See here: http://bit.ly/1KtAA88
screwityoutubization (2 years ago)
+djsnakeyes Ill read this; thank you.
djsnakeyes (2 years ago)
+screwityoutubization Here you go: https://www.reddit.com/r/btc/comments/42nx74/unmasking_the_blockstream_business_plan/
Paul Capestany (2 years ago)
You may want to check out the conversation at https://www.reddit.com/r/Bitcoin/comments/43zwlj/blockstream_raises_55_million_to_build_out/
screwityoutubization (2 years ago)
+djsnakeyes WHY>?
Diego Garrido (2 years ago)
Excellent Video!

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