Ripple on Coinbase? Cryptocurrency vs. ICO vs. "cryptocollectible." Amazon getting into digital payments? What 5000 Legend Room Tokens buy in Vegas.
Amanda B. Johnson: https://twitter.com/AmandaB_Johnson
Diamond-Michael Scott: https://twitter.com/Biz_Michael
New discussion every TUESDAY.
Nice to see you posting again, Amanda!! I'm so happy to see another girl offering really good content about crypto. I'd love to see more content for newbies, like a new/updated video about how to choose a wallet.
It should be called "crypto collectible", the Wu Tang's cryptocurrency? Why exactly?
Well, why should it be called "crypto collectible"?
Fictitious names/words/phrases et al would not really matter, as all these stuff are rather analysed through their intrinsic characteristics, than their face value, or appearance.
Love the show! btw Amazon has tons of incentive to be it's own bank, plus it could help with mass adoption because it's a brand people recognize and they are trying to solve a huge problem many people have which is access to a bank account.
use BITCOIN CASH bch equals around since August 2017....lol litecoin is way better suckah...anyone that uses the derogatory term "bitcoin core" is most likely a PAID shill for the bch fake scam coin with very few devs...u a shill yo! I aint suckered in by your propaganda dawg...ps your channel has no content like your comments piece owt
Great first show, but the title graphics over your beautiful face, need to go. Better to go to a black background for that, if not an intro video.
Wikipedia entry on the history of blockchain says it was first used in 1991 https://en.wikipedia.org/wiki/Blockchain.
There's a difference between investing, and speculating. Most of those who drove the price of bitcoin (and alt coins) up last year, were speculating. They were hoping to make money on something that had already gone up in price (just like they did in the .com bubble), and just like in the .com bubble, they got burned when the price collapsed.
While I agree that most of those people had no idea what cryptocurrencies really are, or the value behind them, I believe that most of those people got shaken out after the Correction. They lost their mortgages gambling, and won't be back. Others will only return when the price goes parabolic again, because they don't learn from their mistakes, and are looking for "easy" money.
The problem is that parabolic price increase is a natural cycle of the market. It's far more evident in the crypto markets because the markets are so young, but it happens in the stock market as well. You can't "get rid" of the bubbles because markets are emotional, and people are greedy & stupid. They see a parabolic rise in price, and think that it will continue forever. It doesn't, because it's unsustainable growth.
The Traders ride the price up, then get out before the inevitable burst.
So the Legend Room Token is like SPANK, but not really?
Amanda, you are forward thinking as usual. Ahead of the pack. If you have any sway over the Dash community you should convince them that marketing is a waste of time and valuable resources. The battle will be won through monetary policy. Nobody will spend crytpo as long as it is more valuable than inflationary fiat (Gresham's law). No amount of ease of use will change this. The smart money understand this but never explain it in their two lines of crypto criticism in fortune magazine. Dash should start experimenting with discounts as a way of pitching Dash's deflationary economics directly against fiat inflationary economics. Ideally Dash would direct all of their budget to funding discounts, say for example on Amazon. I can almost guarantee that if Amazon were to start their own coin they would take this route. Economic incentives is the name of the game.
I agree -- there has to be an incentive to spend one thing over another. I think that Alt36 has the right idea in terms of how they have said they plan to execute their DASH partnership (for their forthcoming point-of-sale system). That is, empowering cannabis shops to offer discounts to customers who pay with DASH. The discount should be offset by the shops' savings in the decreasing of its cash handling costs. See DashForceNews.com for more of the community reports Alt36 has given through their DASH funding process.
Dash proposals cover many different aspects. Marketing is but one aspect among many funded projects. Yes, economic incentives are important. It is up to people to put in proposals regarding this aspect and seek funding. That is how it works.
Apparently and mysteriously, Satoshi may have borrowed some words and concepts from this book that was published previously to the launch of Bitcoin. "Policing Online Games" by Peter Wayner.
Here is the author Peter Wayner interviewed by the guys from the Crypto Show : https://letstalkbitcoin.com/blog/post/the-crypto-show-peter-wayner-did-i-invent-the-blockchain-plus-chris-odom-on-bitcoin-full-nodes
Enjoyed topics (I get the DASH push). Great job explaining the REASON behind Crypto, tokens, ICO, etc. Couple of recommendations: 1) 5-10 second intro/rundown of show's topics. Add graphics and music etc. 2) Your background needs to be spiced up, girl! Hell hang up DASH shirts or pics, logos. Create "Just Around The Block" line of clothes, hats etc. I would purchase them...with DASH of course! And finally 3) At least 3 episodes a week. No one watches TV, and you don't want to be seen as just another youtube crypto-pusher. You got this!
Amanda sought and gained funding for her own Dash proposals. Dash never "hired her" in the sense that a company would. Amanda and Pete have always been their own bosses, with funding already approved from the Dash treasury via the voting system.
For me there is an even more important difference between a crypto-collectible, which is a non-fungible token (ERC721 in Ethereum world), and a traditional ERC20-style fungible token. So that makes at least 3 different classes of assets there: crypto-currencies, crypto-tokens and crypto-collectibles. But I don't think crypto-collectibles is generic enough a term to describe non-fungible tokens because they can also be used for things like certificates, real estate deeds and so on. For more information on the standard crypto-kitties are using: https://github.com/ethereum/EIPs/pull/841
Fungibility refers to the uniformity in value of any asset. Any dollar is equivalent to any other dollar (or is supposed to be anyway). In a company (or a DAO), any share of a certain category is strictly equivalent to any other share of the same category. It has the same value. Those tokens are fungible. But each crypto-kitty has its own value depending on its lineage. Or if you tokenize the deed to a house, each house has its own independent value. Those tokens are non-fungible.
Amazon Coins are simultaneously not what you think and exactly what you think.
How to become bitcoin trader? Exactly like Bitcoin, multiple digital currencies exist in the marketplace. So if you prefer to buy a few other currencies which aren`t available on Indian Exchange than you can utilize Bittrex. All you have to do is locate an exchange that you favor. Cryptocurrency exchanges have a massive potential to modify peoples minds and opinions concerning cryptocurrencies generally speaking and their application in actual life. So even in the event the exchange is attacked, its still true that you have your money. Furthermore, the exchanges prepare each and every industry for Bitcoin expansion. Existing stock exchanges will also compete to be able to fulfill the users configuration requirements. Sooner or later later on, the prices will grow more equal, meeting somewhere in the middleyour profit is equivalent to the quantity of convergence. No matter how far it is from Kijun, it is likely to return and test that level at some point. The amount of bitcoin is perpetually changing. In the US, it is 1000 USD. Whats even better, seek the services of a seasoned lawyer or at least ask for an in depth consultation. So youve read the newspaper about the meteoric growth of crypto currencies including Bitcoin or Ripple. Then coming up with 1000s of exchange rates simply to go out and get groceries is nearly impossible. Many cities around the world provide a bitcoin ATM where you are able to trade cash for bitcoin. The cryptocurrency world isn`t efficient.