Money In 10 Years - How Your Future May Look

in cryptocurrency •  12 days ago

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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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

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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

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

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@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"

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i thought that was a good point also

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

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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.

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

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I used to have EOS, but...

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

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

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

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

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Hi I upvoted u plz upvote me

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its great to hear about

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yes eos can be big in coming days

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What is language?

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Really great video and very helpful. Cheers!!

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what is your story sir?

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Thats great :)

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You think crypto currency will take over?

thanx

Pay using Steem may be?

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

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sophisticated technology because human sekang already smart

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Crypto currency is the new future!

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

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a brilliant future

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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...

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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.

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

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hope so

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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.

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

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I agree with your point..

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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

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

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

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yes , i am agee with this analysis..

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applications that benefit the community a lot. thanks

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

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u r right sir

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Kenyan government is in the verge of starting their own blockchain

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much needed, good for Kenya!

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That's great news

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You mean crypto currencys can eliminate poverty?

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Ohh..alright..

This was an inspiring and insightful interview, Brendan. Eyal is a true visionary who thinks on a very large-scale. I also loved how you conceptualised the money and its role in your personal life and how it led to creating of the “Happy Money Man” monicker.

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sir... please tell me is there any online courses on net so that we can improve it

Interesante tu articulo, podríamos estar pensando que un futuro no muy lejano, podríamos estar todos usando solo criptomonedas...

nice one there, really useful

Is he blaming capitalism? Sounds like he doesn't understand the function of saving and profits. And stock piling money actually benefits everyone, because they put in the pot and didn't take anything out. Sure, they may get rich on paper but if they're saving the money to create future production they're a benefactor, not some 'greedy' capitalist.

Thanks for share keep it up

Navratan agrawal
Content Critic
@taksheel [ TO FOLLOW ME]

https://steemit.com/bitcoin/@taksheel/bitcoin-awareness-warren-buffet-can-be-wrong

images (4).png very interesting.

Hello, i like your post.

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i like your comments!

Am new here thanks for the video

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welcome to steemit. Follow me for a follow back. Also do an introduce yourself video on steemit and add a profile pic to get better chances of people following you

that was 2011 , its easily to decide to what cryptocurrency that you wanted to hold, at the current state , there are so many crypto's rise and non stop to develop and aim to surpass the bitcoin.

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I know. right? People like him motivate me alot in this space. @docsait

@happymoneyman muy interesante.......las cripto monedas serán el mañana

Worth article!!
Of course, block-chain is the future the next future generation technology which can change the world.
If all the countries occupy the block-chain then surely it will come out of corruptible world.
Nice job :)

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@iamsandeep follow me for upvotes in the future. also it is good to have a profile photo so that other people can see and follow you. Thank you sir

Check out my latest blog on the best smartphones with good features with their quality do provide your comment.
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oh my i want 1141 SBD!

@happymoneyman Great thinking video, Listening to another person's history gives a new knowledge for all.

Good video. I am a beginner in crypto field and your video is a great source of learning for me.

Thanks for sharing...!

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Dont worry, i began mine too not too long.
Also, follow other people with similar interest so you can get upvotes when you post.

@taha101 i am foing to follow you back for a follow

Daddy! Crying kids and blockchain. Really educational interview. I love to hear perspectives on the technology than description of the technology, which tends to happen more. It's all about the angles. Changes reality.
It's my first time hearing from Liquid EOS. Glad to have come across this interview.

Thank @happymoneyman, nice meet you

Posted using Partiko Android

Bockchain technology has really been a revolution to this world since the end of last decade..the non-monopolization of cryptoassets is the biggest reason why the governments of some nations like India are not accepting it..but the bockchain technology is kind of a Tsunami wave which may be controlled upto an extent but certainly cannot be stopped..

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Best thing is that it is incorruptible 100%

Your post is very very nice
Please apvot my posts thanku

hello very interesting your publication, every day you learn new things.

Hlo sir plz teel me how i get money from steemit as soon as possible.

Thanks for Great knowledge video for sharing valuable knowledge with us and knowing history of other's people is very knowledgeable because we don't know that people and we came to know its past it is very interesting

@happymoneyman Excellent Video Mate !

Hloo sir plz tell me how i get money from steemit as soon as possible.
And plz plzz sir upvote and cooment on my post plzzz sir.

Excellent video @happymoneyman

The ability to inspire others is an important skill, one that will help you achieve the success you desire. Keep your message authentic and human to amplify your results, inspire others, and excel in your work life

Great video sir.it is always a pleasure to hear from a real person. And yes, Eyal is a legend .

@happymoneyman the block chain can make a revolution in upcoming decade but for that every country should accept the block chain technology and should make it more secure .Since block chain can be miss use for illegal activities . By the way india had ban the crypto transactions . Whats your opinion on this please let me know ?
Thank you

yes @happymoneyman,money operates in the economy like blood in a body.
if you have money then you inter in crypto world,otherwise you can't.
as we know money will make money,like that types of things happens in crypto world .

We cannot imagine right now how things will shape up

Excellent post.

Excellent article @happymoneyman... Bancor protocol will be a huge success in future. And one thing you mentioned in this article 'that if everyone can make their own currency then how much oppurtunitues are there to utilize this new tech...I am sure these techs will shape ouf future...thank you for your post

nice your article

Informative Research sir...EOS has great future ahead more popular than Etherium, Ripple for sure.

Hearing About such Of The BEST News POST, II always Say Yes, May Be You are also Right About, and You Have Some People Of Same Thought..
You are Doing Great DEAR...
DUDE Will Be Be Waiting For Another Beautiful BLOG.

@happymoneyma. Todo lo que nos rodea ha sido creado por la invención del dinero. La corrupción y los monopolios le quitan la libertad de elegir, pero el dinero en sí es una herramienta poderosa. @happymoneyma

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follow my lead!

@happymoneyman very informative video, keep it up brother. and please share your reviews when we can see bitcoin again upto 20k $ plus..

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This may happen in maybe 2 years but i am not really sure this year it is possible. A lot of people are still afraid

Thanks for this information

good content

you are unique man you make people to follow good things and thanks dear

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WE Are Unique!

thanks for video mate. it is very helpful

Wow I love posts like this.. thanks

Posted using Partiko Android

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Yes,same

Interesting article!

@happymoneyman, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes and comment!

Thank you in advance!

photo_2018-07-06_10-17-25.jpg

@happypmoneyman despite promising future , the country legal and financial system is not eager to proceed in this direction.

should check out Theta token

also check out digibyte #digibyte #dgb

Hey guys.. follow me for interesting ICO reviews

must be nice to make all that $ on your posts..congrats

Blockchain definitely has Bright future and we will see application based on it but for now it does not seems that (highly unstable) crypto currency could replace stable fiat currency.

It's nice that you @happymoneyman always talk about important topics .

Ya right definitely who invest money they only get success not those who mine it.

@happymoneyman
Graet vedio sir i am really impressed with it ' tell us more about crypto currency ' and sir plz als upvote us we will also upvote you back .

[email protected] hearty like and love from me to you because of your good intention on people .....such a lovely job you have been doing foe us.

@happymoneyman Everything has its own chance. Everything grows, develops, shrivels, and vanishes. This is the cycle of life – and a similar procedure additionally applies to cash and the way you get it.

Our impression of cash – how it is earned and its esteem – is experiencing a noteworthy change.

You open your wallet and see a dime. The coin is physical, you can lift it up and grasp it, and you are certain that it really has an estimation of 10 pennies. In a couple of years, you will in all likelihood be holding a little plastic thing formed as a heart or a star, or you won't not have a wallet and just approach a virtual money, which you don't comprehend what resembles. You must be set up for a money related unrest in the following 10 to 15 years.

Such a amazing idea thanks to share with us I also now follow this

Such a amazing idea thanks to share with us I also now follow this

Such a amazing idea thanks to share with us I also now follow this

Such a amazing idea thanks to share with us I also now follow this

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@farhan12 i think your comment was reposted many times by mistake. check out before steemitcleaners flag you for spam. Good luck and follow me back

Will Steem overtake EOS? Which is better among the two by then?

information is good bro but last line (How the Liquid EOS Block Producer is adding to the EOS ecosystem, plus much more) i cant understand why it is.

Great video bro.. Your knowledge about crypto and Money amazing.

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BETA AISE REPLIES KAR KE KUCH NAHI HONE WALA. LOL

Sir, I came to know somethin about the crypto currency, now i am new in crypto currency

Your post is very good which we like to read

Thank you for such a great video i also would like to study blockchain not untill 2025 but more than this for the better understanding and to keep myself always engaged with it for new learning.

Most infarmative post
Plz upvote me

@happymoneyman, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes and comment!

Thank you in advance!

I wish all government should legal cryptocurrency soon

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they will i future

This is a problem that is hard to imagine.

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a lot possible will happen !

sir which crypto currency is very best for future investment ? please reply me sir i wait for yor reply

Sure,it will make a difference

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we will make it

Yea really it's good about money liquidity and also I am very impressed about this described with this lines "money operates in the economy like blood in a body"...Great and good also..@happymoneyman

Hey @happymoneyman, its great enthusiasm topic and encouraging us to stay with cryptos and can make future.. thanks a lot..

very interesting stuff!! The future's going to be a cool place my dude.

What do you think Ether or EOS which one will lead in 5 years from now?

Very nice post @happymoneyman, i like the post you wrote, hope so this will happen in future

thanks.

And my posts never did 1SBD 😂😂😂

are you sure let's do it now

IN crypto currency people don't have patience. they want profit in short term . they don't understand bitcoin is not an investment project only digital currency is the future

R u money man?

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I hope I am

Fantastic work with this one, kudos

hello sir,
can you predict the price of EOS till end of 2018 ?

Nice work from you sir

Hy bro nice and i am very happy of your this post and video very nice i like it
And you can tells us our feature

good work my friend:)

do you think that crypto can replace existing payment types Like VISA?

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yes there is already smart payments on the blockchain and banks are already trying to join the blockchain @sarthak9213

@happymoneyman what you think about the future of those plastic notes ??
😂