Network Effects - The Key to Unlocking 1000x Returns | Q&A #14 ft Cedric Dahl
In this very special Q&A episode, I'll be collaborating with Cedric Dahl to address the following questions:
What do you think about the theory that Bitcoin with Lightning Network will cause currencies like Litecoin to become a bit obsolete?
What are your thoughts about Warren Buffett not liking and not investing in Bitcoin and cryptocurrency?
Opinion - Technology is far from driving the value. People see this as a money making opportunity. None of these cryptocurrencies are being widely adopted.
Do you think that crypto can remain "ethical" in the long run? For example, with so many big players wanting a small fortune of one crypto and have a large influence in its performance?
Which coin will be the one to be adopted by big tech giants (Apple, Amazon, Alibaba, Google...) or will they create their own?
NETWORK EFFECT
Can anyone create coins?
Almost anyone can create a coin.
All U need is a good idea, ppl backing it and of course, money.
But yeah, anyone can.
Or ill-conceived worthless idea and a bunch of suckers.
The big companies will probably create there own coins imo.
Would like to request if you could talk about Stratis project?
I've made a technical analysis on the future price path here:
STRATIS - Analysis (233% POTENTIAL PROFIT) — Steemit https://steemit.com/steem/@benkalashnikov/stratis-analysis-233-potential-profit
And when companies do, I hope they decide to create their tokens with the help of steemit
Amen brother :p
Yes the big companies will definately create their own coins like Kodak has already done, and Facebook plans to do. It is only logical, they won't just sit around and let their companies go down the drain when blockchain really takes over the world!
Hmmm
Great to see a collaboration with another crypto youtuber! Loved this video because we can see clearly how you guys think and how cypto future is uncertain but surely exciting! Love your videos!
Great collaboration guys, such a refreshing piece of content. As far as Warren Buffett not liking and not investing in Bitcoin and cryptocurrency, it doesn't really surprise me given his investment practices and principles that he has employed throughout his career. He has admitted on numerous occasions that he has a limited level of understanding of tech based companies and therefore has rarely invested in such arenas. He is also a person who invests in traditional business models, Cryptocurrencies are a totally foreign world to him. Remember Warren Buffet also never saw Jeff Bezos and Amazon ever overtaking his net worth either. Great video guys!
Buffett is irrelevant, he doesn't even invest in TECH (only recently breaking his norm by investing in Apple). Besides, someone like him is not a good indicator...i.e. someone that is already filthy rich from old school investments/principles. Why should he risk investing in crypto? he doesn't need to.
Great collaboration with Cedric. His in depth 'not financial advice' content gives a great dynamic to the vid. Machine learning, Cedric knows what's up!
Awesome Video guys thank you
Fake news.
Good but I don't get why you didn't mention BitShares?
Warren Buffett doesn’t need something new he has the old worked out(stocks). Crypto will reach the big time after he is dead. Apple amazon etc should get together form a new coin or preinvest in existing coin, they would make an instant hit, I think there is A LOT of speculation out there not all technology driven
I guess we are still learning :)