RE: Vlog 161: Ask yourself not how Blockchain works but what you do with it. My attempt to explain blockchain for the beginner.
You at least seem to be spending a decent amount of time discussing things that aren't JUST "how can i play this situation to get rich", which is good to see. I get extremely frustrated seeing the amount of total processing power and intelligence, being "Invested" in "NOTHING MORE" than trying to take an amazing technology, and to use it to pull out as much profit as can be taken, from people with less understanding.
If there was any invention not originally designed to foment the generation of massive profits for some, one would think it would be the blockchain,
but in reality, so far, DAMN, trillions of processing cycles an hour are being spent on "NOTHING".
As far as i can tell in regards to blockchain, at present, it is the worlds MOST EXPENSIVE and ENERGY WASTEFUL accounting ledger in HUMAN HISTORY.
The blockchain tech IS great, but i can't wait until we begin to get to a point when this tech actually makes a DIFFERENCE, instead of sucking up millions of hours of genius a day, seeing people try to play other people.
I think you will like the Steem blockchain and DPOS. Beats POW and it's very efficient energy wise. We run our witness on a 'normal' server and 1 for backup.
I'm a fan of it from what i know. Biggest problem right now is the fact that i absolutely CANNOT create an incredibly high quality overall mountain of content, and THEN bring people who are of the right mind type, to spend time going through it, voting for what they really like.
If i do that, i get NOTHING. [i'm not here for the money, but it seems still ridiculously imbalanced, and i see shit tons of votes being put up for videos, when there's no way that the voters could have even watched more than moments of the video]
I would LOVE to talk about what it is that you "Know" and "Think" of the entire cryptosystem and cryptocrazy in general. I'm infinitely more ignorant than you, but i think conversations between disparate viewpoints can really bring up the most important stuff.
Thanks for responding. Is there a way to get notifications for replies? I always have to go back and scroll through "replies".
ALX!