Friday 19 November 2021

Trying to understand cryptocurrency, what is going on?

Are you trying to understand cryptocurrency, what is going on, why everyone is talking about it, and maybe even looking for "the next" Bitcoin — because you feel like you missed your chance to buy it when it was cheap?

Well in this video I will break down:
- What bitcoin is doing to the world
- What is going on with cryptocurrencies in general
- How understanding the history of technology cycles is the key to understanding all of this
- Where things are headed in the future

Timecodes:
0:00 Intro
1:06 Video Overview
2:30 Technology Cycles
4:05 The Internet
6:59 Decentralized Revolution
9:17 Mark's 1000 Page Research
9:55 Solutions Come To Problems
12:37 Vitalik Buterins' Trilemma
14:13 Important Factor for Decentralization
16:30 7 Layers of The Internet
17:07 Financial System Scales In Layers
18:09 How Money, Crypto, and Internet Scales
19:23 New Apps In Development
24:15 History Repeating Itself Today
24:58 Share Your Thoughts On This!
25:26 Outro

Also, I will cover some of the most groundbreaking applications being built and used today that will scale Bitcoins' 'slow' technology, to places that we didn't think were possible until now. This is only a repeating trend that's already occurred in history with the internet, automobiles, and the financial system. In order to know what's ahead, we must already have a clear understanding of the past. Video by Mark Moss.

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