Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Reggie Middleton on August 24, 2014, 12:54:43 PM



Title: One of the best TV interviews on smart contracts in quite a while
Post by: Reggie Middleton on August 24, 2014, 12:54:43 PM
See this RT clip at the 4 minute mark
http://youtu.be/6PPBVIktY28?t=4s (http://youtu.be/6PPBVIktY28?t=4s)


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: GangkisKhan on August 24, 2014, 01:36:52 PM
Informative news channel.

Mainstream news going to become obsolete to youtube news sooner than most people think.


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: cccarnation on August 24, 2014, 11:25:32 PM
I don't really understand how this is supposed to work, I'd like a concrete example


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: illymoka on August 24, 2014, 11:39:51 PM
This is actually a very shitty interview. Discussion is waaaaaaay too abstract. The guy should have tangible examples that normal, everyday people can relate to.
He's on television, talking to a wide audience. He isn't giving a presentation at a developer forum


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: franky1 on August 24, 2014, 11:56:16 PM
i agree contracts can be powerful tools. yet the way EVERYONE explains it seems very wishy-washy,


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: DooMAD on August 25, 2014, 12:15:40 AM
This is actually a very shitty interview. Discussion is waaaaaaay too abstract. The guy should have tangible examples that normal, everyday people can relate to.
He's on television, talking to a wide audience. He isn't giving a presentation at a developer forum

In fairness, most people won't have a tremendous amount of use for smart contracts until crypto becomes more prevalent.  If it sounds like he's giving a presentation, it's probably deliberate to get attention from big business and venture capitalists rather than the general public.  I get the impression he knows what he's doing and putting the free advertising to good use.


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: PalmerLaura on August 25, 2014, 04:34:44 AM
Solid segment but RT is really difficult to take seriously.


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: NotAtOld on August 25, 2014, 04:41:15 AM
Isn't this a scaled down version of Open Transactions that can't do microtransactions or ensure the safety of deposits with voting pools?


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: StatusSeeking on August 25, 2014, 04:51:09 AM
Isn't this a scaled down version of Open Transactions that can't do microtransactions or ensure the safety of deposits with voting pools?

This would be better described as a scaled up version of Open transactions (for financial traders/investors/speculators/natural risk producers and consumers) that can not only do microtransactions, but ensures safety of deposits through a pure bitcoin smart contract solution through the bitcoin blockchain (no off chain transactions, no sidechains, not alternative blockchains - all bitcoin).


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: StatusSeeking on August 25, 2014, 04:55:43 AM
Isn't this a scaled down version of Open Transactions that can't do microtransactions or ensure the safety of deposits with voting pools?

It also - as I understand - allows users to trade over 75,000 tickers of securities in ALL major asset classes and vehicles in ALL major exchanges throughout the world


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: logger on August 25, 2014, 05:02:11 AM
Solid segment but RT is really difficult to take seriously.

They've done more to cover stories than the usual corporate-owned news outlets, that's for sure.
USA news is a joke, honestly.


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: JypsiCreme on August 25, 2014, 05:09:03 AM
Solid segment but RT is really difficult to take seriously.

They've done more to cover stories than the usual corporate-owned news outlets, that's for sure.
USA news is a joke, honestly.

Vice? Pbs? NY Times? Your argument is invalid.


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: CoolBliss on August 25, 2014, 05:14:59 AM
Solid segment but RT is really difficult to take seriously.

They've done more to cover stories than the usual corporate-owned news outlets, that's for sure.
USA news is a joke, honestly.

Vice? Pbs? NY Times? Your argument is invalid.

Vice - Started in toronto, is global - not a USA owned news outlet (ref: http://www.vice.com/shane-smith )
PBS - Oh look, they're funded by corporations and "government agencies" - I'm sure they never get that phone call to pull a show, lol (ref: http://www.pbs.org/producing/funding/)
NY Times - Well, besides stonewalling on the NSA story - hey, we can't have REAL coverage in a US Publication (ref: https://en.wikipedia.org/wiki/The_New_York_Times "Ethics Incidents" section) The Ochs-Sulzberger family trust controls roughly 88 percent of the company's class B shares, with good 'ol "Carlos Slim" pumping in the rest.

Nice one, you have an old monied family and a Mexican billionaire calling the shots - not to mention their checkered history with owners influencing stories. Not really good examples.


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: unexecuted on August 25, 2014, 05:22:34 AM
Isn't this a scaled down version of Open Transactions that can't do microtransactions or ensure the safety of deposits with voting pools?

This would be better described as a scaled up version of Open transactions (for financial traders/investors/speculators/natural risk producers and consumers) that can not only do microtransactions, but ensures safety of deposits through a pure bitcoin smart contract solution through the bitcoin blockchain (no off chain transactions, no sidechains, not alternative blockchains - all bitcoin).

Your UC wallet is stored on your computer, yes? So it can be hacked. Not so with OT.

OT can do real-time instantaneous microtransactions for something like 1/1,000,000 of a penny, for almost nothing, drawing from bitcoins stored on servers that cannot steal your funds. How can you do this? You say "pure bitcoin" as if that's a selling point, but as I understand it there's nothing insecure about off-chain transactions within OT. It's all secure crypto.


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: btckold24 on August 25, 2014, 06:53:33 AM
decent watch, thx for the link op


Title: Re: One of the best TV interviews on smart contracts in quite a while
Post by: cr1776 on August 25, 2014, 10:17:47 AM
Solid segment but RT is really difficult to take seriously.

They've done more to cover stories than the usual corporate-owned news outlets, that's for sure.
USA news is a joke, honestly.

Vice? Pbs? NY Times? Your argument is invalid.

Vice - Started in toronto, is global - not a USA owned news outlet (ref: http://www.vice.com/shane-smith )
PBS - Oh look, they're funded by corporations and "government agencies" - I'm sure they never get that phone call to pull a show, lol (ref: http://www.pbs.org/producing/funding/)
NY Times - Well, besides stonewalling on the NSA story - hey, we can't have REAL coverage in a US Publication (ref: https://en.wikipedia.org/wiki/The_New_York_Times "Ethics Incidents" section) The Ochs-Sulzberger family trust controls roughly 88 percent of the company's class B shares, with good 'ol "Carlos Slim" pumping in the rest.

Nice one, you have an old monied family and a Mexican billionaire calling the shots - not to mention their checkered history with owners influencing stories. Not really good examples.

Excellent points. Anyone who thinks pbs or the nytimes is not a government authoritarian mouthpiece hasn't been paying attention.