Move over bitcoin there's a new crypto on the block!
Ethereum has become the second largest cryptocurrency on the market next to bitcoin but where did it come from and where is it going?
In this video
Dan Dicks of Press For Truth digs deep into the blockchain that is Ethereum to ask the question, is this the rival to bitcoin or is there more to this story?
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Wulala... BB! The Martian is out surfing on ChainBB, my first ever Earth net experience. Check my intro! I am over the m-moons now seeing so much information! happu... oh, no... happy!
p.s. I use m-xxx to denote the Martian version xxx. For example, moon means differently to us Martians and you Earth people. We have our moons too! Sorry you only have one.
Ethereum + Bilderberg + Putin. Holy Clickbait Trifecta Batman!!!
lol It is what it is though!
No worries I love it
I'm glad that you left at least one comment. This video was pretty mind-blowing. I'm not sure I ever heard Peter Thiel helped finance Ethereum. I heard about Ethereum the very first day it was announce and totally missed the boat even though I mined some for months. Damn. Anyway, cool video and I gave you an up. I'm glad you're mentioning Steem in the video.
The 2 pyramid shapes are starting to make sense!!!
Confusing with all the big names behind Ethereum, makes me wonder what's up..
Stellar work Dan.
thank you!
BTC only has something like 40-45% market share and it is steadily going down as new cryptos enter the market, and as ETH and others are becoming more popular. Great info here!
Thanks, glad you liked it!
yeah, I've been a huge BTC lover since 2013 - but it is having serious and fundamental issues - particularly withe Blocksize debate and as a result, the ridiculously high transaction fees. I mean, what - 5 or more dollars now? That's ridiculous. That totally shuts out any smaller shops (coffee, corner stores, or even clothing or smaller electronic stores from wanting to accept them.)
It's really too bad, b/c the tech behind it is great, but it's the damn humans on the traditionalist side who are effing things up. They don't want to evolve with the times. This is already really hurting BTC as most crypto-currency start ups are now using ETH.
(just happy I traded some of my BTC for ETH last summer - now my ETH is the driving force of my crypto-currency portfolio.) :-)
WOW Absolutely amazing!
Thanks for taking time to put effort into your post it really means alot <3
So buy Ethereum... Or not? LOL. Great video. Love the production value - great graphics! Were they created by your team (you?)...? Or did they exists? Just curious. Great job! Upvoted and followed. Please follow back!
Peace!
#payitforward
Thanks for this video @pressfortruth, I was unaware that Peter Thiel was involved with funding Ethereum. Another strike against ETH, imho.
Really interesting questions to think about. This is my first time seeing your work. I've sub'd on youtube too because the notifications on steemit aren't working well for me. Looking forward to seeing your future videos.
Very nice job of covering ETH, of course MSM doesn't cover a single bit of it. It's really dying.Even in the french alternative media, you cannot find a single guy speaking of it ! This is crazy as it is a very important topic. Keep up the good work!
Interesting connections! Peter Thiel and the elite club from the Bilderberg Group (founded by Prince Bernhard from the Netherlands) know how powerful this open source technology really is!
What do you think of these guys I think its one I will be watching
http://altheamesh.com/
steemit on steroids as for offering something
The "As Above, So Below" pyramids of Ethereum is way more secret society-ish than the Bitcoin symbol.. not that it proves anything, but it is interesting when considering who is behind and or has a hand in these crypto's.
Eth blowibg up. Steem too tho!
ETH has been on a steady rise for a while now, I can decently imagine is dethroning Bitcoin espsically as more people beomc eknowledge about crypti!
thanks for sharing.
Was there a conclusion?
Great info thanks for sharing
This has been a concern of mine and I blogged about it today, too. Thanks for sharing this info, @pressfortruth
It all comes down to the use of force. If governments force you to use ethereum we should be worried.
Excellent reporting Dan - indeed alt media is better and will soon render the other media obsolete.
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It's an incredible piece and I really enjoyed it. Made me second guess Ethereum for sure. Though I will say there is a capped supply of 100M Ethereum ever so it's really hard to drive down other than through massive pump and dumps.
My opinion anyways.
Eth is built for companies and individuals to take part should they please. It matters not who they are.
strange and also a bit worrying if Ethereum is backed by Bilderberg. why does Jeff Berwick promote it than? isint that everything he stands against? things that make u go hmmmmm?
Great video. Wasn't aware of the Bilderberg connection. Saw elsewhere that Satoshi Nakamoto is linked to the NSA, especially bc the NSA had previously developed a similar protocol as Bitcoin. Could be Ethereum and Bitcoin are the two pincers of the coming NWO squeeze. Or at maybe a set up of a false dialectic opposition. Let's keep a watchful eye. Great work here.
Eth fits my set of suspicious known modus operandi more than bitcoin, although you can never rule that one out either. But fact of the matter is that over 75% of ether is in the hands of mysterious "founders". One of which in the form of Roger Ver, is now responsible for a shockingly effective attack on bitcoin, doing exactly what he is accusing "the others" of (putting all the power of bitcoin in the hands of a single ceo, closed source development with censorship and now the latest private mining to attack all other options to force people to follow you, and completely ignoring all the actually valid arguments against BU).
Meanwhile all the usual suspects of team monopoly, powergrab, vendor lockin and haters of all forms of freedom are proveably involved in ethereum. Disgustingly instead of being worried, the masses with their appreciating breadcrumbs are singing the praise and loving it and don't even want to hear about any concerns. Saying bullshit like decentralisation is now a "governance problem", and nonsense like ethereum is more decentralized or has better scaling or less blockchain bloat, all of which are false at the moment (blockchain already larger than bitcoin and bancor ico now confirmed eth max tps at 7 or less). Also they don't seem to care who is in control as long as they make money. The old "bread and games" trick to keep the plebians in check, still works like a charm.
We are at an important junction and I'm following developments with interest, but I do fear we might get pulled in the same centralized corrupt shit all over again.
Long time follower Dan. Another nice article. I've decided to jump in the foray... https://steemit.com/introduceyourself/@anarchyisnature/1-heyyyy-everybody-i-am-anarchy-you-are-nature-and-nature-is-anarchy here's my first post. Upvote and resteem if you dig it bro.
Thanks for sharing!
A bit of a head f*ck though! What should we believe? To be honest I'm not put off ethereum
Followed too! I like looking at 'quality content'!
Wonder why I cant resteem this? hmmm
You definitely won't hear about this on mainstream media because.. It's just too good. Decentralized banking? Haha they don't want that but I believe that it will happen no matter what. You bring up some very good points and that is a bit scary to think about, could there be a false blockchain currency creation? Great job on reporting the real &^%$.
Yess