Charles Hoskinson's TEDx Bermuda Presentation on Bitcoin and Ethereum

[charleshoskinson]

Enjoy: https://www.youtube.com/watch?v=97ufCT6lQcY

[Gleb Gamow]

WTF! No bumps till now? That was a pretty good vid.

[jdbtracker]

I love it. One step closer to global Direct Democracy.

[BitUsher]

Inspirational. Love it!

[dasource]

Thanks for the post, was good to see that the block chain aspect of bitcoin is getting more and more recognition for what it can bring to the market.

[iluvpie60]

yeah that looks interesting hehe.

[UnunoctiumTesticles]

Enjoy: https://www.youtube.com/watch?v=97ufCT6lQcY

At the abstract generative essence level, there are two salient points he makes:

1. Ubiquitous technology disintermediates (transcends) Coasian barriers such as governments and geopolitical circumstance.

2. Decentralized consensus is a monumental paradigm shift.

However, I assert that:

1. Without anonymity, fragmentation and Coasian barriers will persistent (find my recent posts about anonymity).

2. Decentralized consensus is often not the correct way to implement decentralized services[1].

3. Ethereum has the wrong model for a programmable block chain (find my recent post for the correct model).

P.S. Charles and I used to talk before he found Vitalik and got involved with Ethereum.

[1] Two examples are that MaidSafe and StorJ are not the correct way to implement decentralized hosting as I have explained recently. And OpenBazaar is not the correct way to implement decentralized online selling. In both cases, and plethora of hidden services (servers) is the correct model and I predict it will win.