Jeffrey Tucker joins us to discuss the latest news and updates in the cryptocurrency industry and also the recent price rally with Litecoin.
We also look at what we can compare cryptocurrencies to and the reason why so many underestimated Bitcoin in the sectors infancy.
To get more from Jeffrey: JeffreyTucker.me
TOPICS IN THIS INTERVIEW:
01:50 The central bank mafia
08:10 Underestimating Bitcoin
14:40 Potential looming bear market in cryptocurrencies?
16:50 Litecoin’s price rally and exchanges buckling from new users
23:35 What can compare cryptocurrencies to
26:50 Closing thoughts and where to learn more
There are no rules and no leaders, it's like playing mario brothers game and getting coins out of nothing.
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It's seems like these past couple months, the whole world has waken up to crypto and our monetary policy needing change.
Wait for Bitcoin Cash To Replace Bitcoin in the Future
Good luck with that lol
crypto money will save the world from the banks
Fiat is slowly becoming history 😄
Thankfully! Lets enjoy the opportunities we have now... 😊
Could not agree more! Money needs a serious make over and we're seeing the benefits. And rightfully so!
Coinbase getting tens of thousands more users EVERY day says enough. It is blowing up!
This is gold
First time listening to Tucker. A little droll but great info, obviously experienced in the crypto world. Interesting, that he also started thinking pm's were the only real money, and now we have a new "practical art". Particularly interested in the weakness in exchanges. A potential weak link. Thanks much for bringing.
No manejo conocimientos amplios de economía pero casi diariamente hay cambios que impactan para bien o mal un proceso económico. Años de darles valor a las cosas. Dependemos de tantos factores inestables .
"Money Is A Technology Needing Innovation" I completely agree. There is a lot more emotion surrounding money than other technology but it is still just a tool!
I'm' all into Mindcraft Coins and Magic the Gathering Crypto. And you?
The future is becoming more and more unpredictable.
Its a double edge sword....we are at the point where we have to determine how this technology is used. If the government is allowed to set up an intraweb so to speak of its own regulated coins all we have done is given them the capability to wipeout the wallets of every political dissenter for example. We aren't moving fast enough to keep pace with the technology. There has to be fail safe protocols from keeping this from happening and thats what I love about the crypto night suite of coins. Transactions need to be untraceable, there's no other way. Ledgers need to be completely anonymous or this fails. I can see a time in the US that one political party gets the majority of Congress and the White House, they are so pissed they had opposition that they just decide to wipe out the funds of every dissenter. Given the massive amounts of metadata saved on us everyday it wont be hard to target. Steemians would be one because they are for free speech. This can go two ways thats why the technology hasn't been banned they know used right it can make their dreams come true.
Great to talk with Jeffrey. @crushthestreet
Wow...building digital spaces since 1995! Great guy!
Hey guys follow me Ill follow everyone back an I will upvote your posts :)
crypto money will save the world from the banks
People who've never given a shit about investing in their lives are gravitating towards Bitcoin and it hasn't even gone mainstream.
I think that money itself doesn't bring any real value. All this gallop for cryptocurrencies is not related that they are a measure or represent money, but because you hold the ownership over a technology which when it matures it will hold a lot of value. So, the bet is not that you bet on money which reported to other currencies evolve, but because you bet on the blockchain technology. And, to be true...what a thrilling bet it is!
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and I strongly agree with that opinion, although this is my first hearing,
thank you also for a very useful post interview, which made me especially aware, and understand, thank @crushthestreet
Interesting information thank
i'm agree with you. @crushthestreet
I think that's why cryptocurrencies have been so successful, because they represent an innovation in the financial market
I don't think so. I think Bitcoin is the future cashless system that the Bankers are behind.
Nobody even knows the identity of who started it:
https://en.wikipedia.org/wiki/Satoshi_Nakamoto
THE CENTRAL BANKSTERS ARE THE ONES WHO GOT THIS STARTED.
You're dealing with parasitic psychopaths here. They lie constantly to the public.
This is truly the most connected humanity has ever been, a very exciting time to be alive indeed.
https://waldiyanto.usitech-int.com/
FOLLOW ME PLZ
https://steemit.com/@omarid
We are at the brink of a revolution and have an amazing opportunity to capitalize on it. Don’t miss your chance. You will hate your self for it, if you do.
This is a really interesting interview that touches on a similar topic I talk about in my blog post here: Consciousness is the key to technosocial development
I'm curious to know what you think the next step to economic development is for cryptocurrency and the blockchain in general? How can we better drive merchant adoption? I think there are many structures outside of currency which will need reform. I also think that before we can see true adoption of blockchain in its highest potential, we will have to solve the issue of community engagement. That is, how do we get community members to be active and productive contributors to society and to engage in establishing the rules which govern our socio-economic culture?
thank you all for the positivity!
DTube video link: