Don Tapscott : The Blockchain Revolution

in #bitcoin7 years ago

Legendary Businessman and Author Don Tapscott Talks about the Blockchain Revolution. His take on the importance of Blockchain technology and the implications of this technology. Don Tapscott authored "The Blockchain Revolution" with his son Alex Tapscott, which has now become one of the most influential books in this space.

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Always amazing videos and posts from you man. I know you apreciate great projects and visions. Would be so awesome if you could do a video about Golem or talk to someone from that project. The price path looks promising too!

GOLEM (GNT) - Analysis (572% POTENTIAL PROFIT) https://steemit.com/cryptocurrency/@benkalashnikov/golem-gnt-analysis-572-potential-profit

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Great video @boxmiming, cant eait to see some videos about the NEO conference!

Technology can not be a measure of value, if only because any technology is depreciating in time.
That is, the value of any technology, over time, tends to zero.

The Blockchain is indeed a revolution. We need to move the governments to it, especially the US Government. Things would get better instantly. No corruption, and no overpaid, lazy, and warmongering politicians!

Thanks for your post @boxmining. Going to watch your video now.

I agree with but i think the really problem in thoughts and that will take along time to change

It would take a long time to happen, for sure. I've mentioned it to a couple of friends, and they just laughed and called me an idiot. People get locked-in mentally to a system, as bad as that system may be. Of course, there weren't really many other options until the Blockchain was developed.

It's true, the thing is, I don't think major changes take many people to implement. New paradigms seem to saturate the masses almost unknowingly. Things often become part of everyone's daily lives without them really making a conscious decision to adopt them. It only takes a decent motivated group to solidify a status quo.

Yep, there's truth in that. Most people just do what others around them are doing. They even tend to think whatever most others think. If everyone would think for themselves, most of us would probably arrive at the same conclusion, at least as far as government. Most people know that there's major problems with government, but they wrongly believe that they can vote their way out of it. The system itself is the problem.

so good!

Blockchain is a distributed database. It is a cool think. It can be applied in many cases. But it is not a miracle pill.
It will not remove warmongering politicians anywhere. How you will decide whom to bomb next?
Will give a cryptographic key to every human and apply full democracy? No one has time or competence for deciding over everything...

Most of it could be operated with Smart Contracts. The politicians are the downfall of government, as they are easily corruptible. That's exactly what it would do, make politicians obsolete. Otherwise we'd just have the same broken system.

There may not be a need to bomb anyone next. Most wars aren't necessary, and most people would always like to avoid war, at nearly all costs. There could be some type of Proof-of-Stake system in place, with a certain number of nodes in each state. When something needed to be voted on, such as war, the states would vote. Theoretically, it would be relatively easy to give, We the People a vote in all things of importance.

People decide what to do. Not smart contracts. Myriads of things are going on constantly. You just cant vote on everything. Just because you/me do not know anything about, lets say bridge building or international trade agreements ets... Plus we do not have enough time. Plus we do not want to waste our life on all this.
So we end up the same system. Maybe more transparent. Maybe less=) Because of all the cryptography, coding, increase of information rate - that our brain just cant handle.
We already have politicians on steemit=)

People decide to get on the Internet too, but you have technology that enables it. We can decide to have a decent government, and have it implemented with technology.

I'm sorry you're not able to think outside the box. That will ensure you remain a slave to the system - mind, body and spirit.

"Because of all the cryptography, coding, increase of information rate - that our brain just cant handle." That is nothing that would affect the average citizen, anymore than you have to understand computer programming in order to utilize a web browser.

"We already have politicians on steemit=)" I'm not sure what point you were trying to make with that statement.

You did not understand what point am I trying to make but already called me a slave.
Point is. You have to delegate decision making. Does not mater how you will store data. Blockchain ensures that nobody will cheat on data stored. Integrity if you will. But how does it prevents corruption? War? Ignorance?

We're ALL slaves to a very corrupt, broken system. I didn't mean that you were somehow responsible for anything bad. Probably most people are still locked-in to a certain way of thinking that is extremely limiting. So I wouldn't take it personally. Yet the sooner that everyone, or at least the overwhelming majority can actually see what's going on, the sooner that we can begin to make changes that matter. Jumping back and forth between democratic and republican presidents, within the broken system, doesn't do anything to address the real problem(s). Look at Bush and Obamma. One democrat, one republican, but they sucked equally. That's nothing more than the Divide-and-Rule method of controlling the masses that's been used since the days of the Romans, at least. Democrats blame the republicans, and vice versa. The people that can't see what the real problem is, pick a side, like in a sporting event, one team wins, and the oppression/corruption/war continues. We don't need to elect a president, we need to erect a new system.

I'll leave you to find your answers. My opinions would obviously mean nothing to you, which I understand, and going back an forth accomplishes nothing. I'd start by learning about Smart Contracts. They can't be manipulated with corruption, political interest, or emotions. Are they single-handedly the answer? I doubt it, but combined with the decentralized nature of Blockchains, it's going in the right direction. Centralization of just about anything, whether it be power/government, money, or a database, is a recipe for bad things to happen.

Some people are saying that the Blockchain Technology is one of the most valuable technologies mankind has ever invented, and I agree. It has the potential to make major positive changes in business, banking, our currency, production, government, and much more. Plus, it's already helping people in third world countries become part of commerce. They can now act as their own bank to send and receive money. That's huge, in and of itself.

I don't claim to have a working system in place, but I do imagine a system much, much better than what we have now. If people can't even imagine something better, something better can never happen. It's easy to just be negative about everything and talk about why it won't work, but if everyone had that attitude there would have never been any progress, and we'd still be living in caves and hunting with spears.

Good luck.

Great video, anybody getting into crypto and holding the right coins for the long term will be the millionaires of the future...

Fingers crossed! hope this will happen.

My favorite long term investment picks are EOS, ADA, STEEM...:)

just hold.gif

Great post, thanks.

I have his book ;) I learned so much about his work.

The future is NOW.

The technology likely to have the greatest impact on the future of the world economy has arrived, and it's not self-driving cars, solar energy, or artificial intelligence. It's called the blockchain.

Thanks for the great article.

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Greatest impact on world economy indeed! How was the book?

Yeah! Good content and very helpful to understand blockchain. It gave me an integrated perspective about the technology.

where can I get a copy of that book? :)

Bought it at our local bookstore. I believe it's also available in amazon. audiobook version is also available in audible :)

nice, I ll check! thanks!

HEY, here are some funny posts and some wallpapers and cryptocurrency news, follow me ! Support each others !

The Blockchain is the revolution of the payment system. And it's not supposed to work as a store of value.

Core is always saying BITCOIN is a store of value, it's not. It's a mean of exchange - payment system.

In order to one day work as an entirely indipendent monetary system, bitcoin must act as a store of value AS WELL AS a means of exchange. How is this argument still even happening? Just this weekend the positive effects of segwit and lightning started go show and transactions for BTC are faster/cheaper than they have been in years.
Big blockers and Bcash advocates need yo understand that your transactions are only “cheap” because no one uses your network.

I agree blockchain is the new revolution and can greatly change the the way we go about our every day lives and also the way business are ran and the amount of trust we can have in a business. However im not sure how popular moving in goverments to blockchain and crypto currency would be.

Legendary business man. I love the sound of that. How can I get his book 📙, 'The Blockchain Revolution'?

Great post 📯

No-one can stop the growth of Blockchain technology and good cryptocurrencies. Not even god himself. :D

I am a bit more curious about NEM due to your coverage although I think at this time my bet is on Ethereum!😀 #theflippening I”like tell you what I wouldn’t turn down your job if it was offered to me :)

He's basically saying now what Andreas Antonopoulos said years ago

I like the way he draws the lines between technology / economics / history!

I like Andreas a lot, and I've watched many of his videos, and you are right, that this current speech is matching in many ideas.

My first love is crypto and btc, being a learner i love it @boxmining.
All crypto trading tricks are short term and don't work for long term. you must learn it first.

Thank you for publishing such a good article. I will support you and hope you will support me.

I hope you will pay attention to each other and support each other

Crypto world

Great post,

that was some really interesting information thanks

I watched this video on your youtube and loved it, Don Tapscott is very eloquent speaker :)

Great article! Check my blog to read my new post about cryptocurrencies!

I think it'd be better if we put it all to good use.

This is great content

Don Tapscoot is the one who opened my eyes towards Blockchain.Every since i saw his Ted Talk I was blown away.Thanks for sharing this.
By the way your talk was also Great!!....keep spreading blockchain and its possibilities.

Such an amazing view on crypto. Sometimes i think people forget how revolutionary this technology is and how important its going to be in the future.

Im new on steemit but on my blog I talk about CryptoMining and crypto! Im really trying to grow just like you guys!

If anyone’s interested please go check out my posts and let me know what i can do to improve and get better!
And if you like the content then an upvote would be really appreciated!

Thanks everyone!

Great post

Ki Uu to

The Blockchain is a revolution of 21 century. It will change the face of Internet. It has chance to make decentralized world, A real Democracy.
A very nice video.

Wow man ..u r amazing ..u have shared very wonderful speech from don ..amazing it is ..i am very excited to see you to cover some more speeches like this..god bless

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Blockchain and bitcoin is the future. The world is getting harder ready got eh greatest revolution ever. This is far greater than the industrial revolution

Excelent video @boxminig, I feel that the blockchain technology is beginning to revolution the actual economy behavior and in the long term people will feel ventilated with their finances and the purchasing power will be increased flagrantly by using Internet.

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Great speech! Thanks for sharing!

Oh, love this intro: the machines, are penetrating every bit into our lifes... hmz.... sounds familiar? "Terminator?" oh yes, what a insight into the future by James Cameron.... "SkyNet will rule it all"

I am a huge Blockchain and Crypto fan, I agree with the main principle of how those technologies work. Me being in financial instruments' trading for nearly 15 years now.... I like the opportunities arising when the "small guy" can do big things, equally as the "big boys", no matter how much capital you have, etc (low entry point).

When governments say: we support equality, we don't like monopolies, we support innovative ideas, specially small business etc. But the true story is exactly the opposite: companies too big to fail, are being bailed by taxpayer money / so much laws, and taxes put on small business startups, so big corporations can live easy life, because of those entry bariers.

I like the idea when someone said: yes it is a huge risk here in crypto space, but if there would not be risk takers, there would not be any progress in the world.....

Thank you for this great material. A bit overwhelming for my mind at the moment, but as a musician, a very valuable info at 29:53 about the Mycelium platform created by Imogen Heap to create a healthy environment for artists and fans by combining blockchain technology and the music industry. That really opened my research process, again. I found this:
https://www.m-magazine.co.uk/news/imogen-heap-releases-song-via-blockchain/

Mr. Tapscott really understands this space and explained so much complexity in such an easy to follow story like manor.

The future is now.

Great video. Learned a lot about blockchain technology ..