Money In 10 Years - How Your Future May Look

User-Generated Currencies & How They Could Change Your Life

If you studied blockchain full-time until 2025, you may earn this kind of understanding.

Eyal Hertzog from Bancor has been in Bitcoin 7 years
How user-generated content led to user-generated currency.


https://www.bancor.network/discover
https://liquideos.com/

The evolution of decentralized protocols from Napster to blockchain.

Eyal and his team released a non-blockchain user-generated currency in 2013 as an experiment.
They discovered it's pointless to create currencies without liquidity.
Liquidity is the internet of values. The ability to move liquidity from one network to another.

The Bancor protocol enables liquidity for any asset big or small with smart contracts and automated market makers.

How do user-generated economies improve national economies?
How can every network of people who share data and collaborate work on a decentralized network? There would be no intermediary to drain the network effect of the internet. Only the end user.

Why coin maximalism could be short-sited.
How Pareto's law applies to creative processes.
How this reality plays into a capitalist system and leads to the concentration of wealth.
It drys out the economy because less money circulates.

A thought experiment on how money operates in the economy like blood in a body.

A single world currency could be a very dangerous plan. Alternatives are a necessity. The ability to succeed from a currency community will be liberating.

Now anyone can publish videos. Imagine if anyone could create a currency. We're in the middle of an amazing discovery process.

Everything around us has been created by the invention of money. Corruption and monopolies take away the freedom to choose, but money itself is a powerful tool.

Efficient markets would allow people to choose their own currency. That would be the ultimate free market.

How will governments ultimately react to the influx of blockchain? What is the end game?

How trust makes the world more efficient.

How is Bancor tied to EOS. What is the future of the EOS experiment? What are the possibilities?
How the Liquid EOS Block Producer is adding to the EOS ecosystem, plus much more.

Cheers my crypto friends.
www.happymoneyman.com

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@happymoneyman Great video man. It's always good to hear another person's history in crypto. I think EOS is a winner.

@thetruth36 yes exactly man, any move to empower the economies is the greatest and winning move itself..

yea, Eyal is a legend. I love talking to people like him and getting some good insight. I love his take on thousands of micro economies that people can move in and out of.
Interesting times

Hello sir great article but sir i want to know more about cryptocurrency please iam very interested to knw and who introduceyourself cryptocurrency to us?

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yes thats really a smart and helpful move by Eyal, and great info by @happymoneyman

Listening is a great way to learn about stuff. Thanks for sharing :)

@happymoneyman Es tan grandiosa esta publicación me encanta por que me da mucho animo para tener éxito aunque soy nueva en esta pagina aun no he tenido votos espero ser como tu tedeseo mucho exito grandioso video saludos desde " venezuela"

i thought that was a good point also

Greet Video Men . Good work . You Will Gone Moon.

The obvious issues are the ones that seem to be overlooked, like simplifying the technology so it becomes a platform for mass adoption. Learning curve needs to be byte size, user interface needs to be intuitive, and there needs to be stabilization of the currency to allow for transactions to occur without risking either party.

yes,happpymoneyman can you give answer for a question that why bitcoin is not rising?

yes sir bright future of eos.
please follow and vote me , we can earn money by helping toghter.

You think crypto currency will take over?

@thetruth36 Yes bro, this video gives a lesson for us and other people that history of crypto currency is too good in future.....

Its True. Its always good to explore own experiences rather than opening other broadcasts..
I really love to listen this

I used to have EOS, but...

its great to hear about

yes eos can be big in coming days

What is language?

Really great video and very helpful. Cheers!!

what is your story sir?

thanx

Pay using Steem may be?

Block-ketju on tulevaisuuden tulevan sukupolven teknologia, joka voi muuttaa maailmaa.

sophisticated technology because human sekang already smart

Crypto currency is the new future!

I don't own any crypto currencys...I any have to look into it..

a brilliant future

EOS生态系统是最完善的,技术是最先进的.

I can't wait to see what happens!

If BTC reaches ONE MILLION my future is BRIGHT!! If not I'll enjoy watching McAfee eat his own.

impresionante!! buenos argumentos

All cryptos will die,it will be only USD Tether,and nothin else. :)

Enlighten video though!!!

cryptocurrencies needs more awareness in order to achieve global adoption

it always fascinates me ... my fear of negative gov interference is my main concern but then again if gov adopts the idea...poverty can virtually end?! I dont wanna get overly excited but it could potentially eliminate poverty...

poverty is nothing.
It has been getting cheaper and cheaper to produce every product.
So, why aren't prices going down? Because there is that much inflation.

With real, honest money, we will see an explosion in abundance.

abundance is the key word. It's there if we can unlock it

Abundance, like peace on earth is guaranteed.
They are not end goals, they are just attributes of the path we are now on.

As people become more accepting, and understand that war is a racket and that win-win negotiations make everything better, than world peace is just a byproduct.

Similar with abundance. There are several, interlocking forces used to keep prices running higher and higher.

  • Fractional Reserve money printing. (house prices and the stock market are only up because of this inflation)
  • Planned obsolescence.
  • Inefficient distribution caused by govern-cement red-tape
  • Over complexity enforced by govern-cement to make things harder to work on. (all those added things on your engine are superfluous thanks to the electronics, so why are they still there?)

Any one of these fail, the whole thing cracks open.

that's true too...let's hope America doesn't blow shit up though...you know what I mean..!

I agree with your point..

when people have the choice to opt in and out of currencies, the government's role will be forced to change into a service. Governments would need to compete for the will of the people if they weren't able to control through the force of money. The implications are fascinating

Wouldn't the government just pull some shenanigans, to take control anyway.

the most to lose will pull the most shenanigans ... America! lol

yes , i am agee with this analysis..

applications that benefit the community a lot. thanks

the cracking down is happening...either you comply with their block chain version or you are out...I see wars...hopefully not!

Kenyan government is in the verge of starting their own blockchain

much needed, good for Kenya!

That's great news

u r right sir

You mean crypto currencys can eliminate poverty?

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