29th June 2018, 6:00 pm
Jimmy what you think about "Private Blockchain". Projects like Hyperledger, Exonum and so on. A lot of crypto/blockchain enthusiast are very sceptical about this and it's really interesting what you think about it. I can definitely see the scenarios where this kind of Frameworks and Libraries will be suitable.
- Supply chain
- Public sector
- Business network
- Health records management and so on.
Thanks in advance.
1) What did you think will be the most impactful result / value that Bitcoin brings to the world? (ex. financial freedom, privacy, etc.)
2) Do you envision any type of insurer in the event of self-banking displacing traditional banks? Do you think there will be insurance for losing private keys, etc.?
What I dont understand.... what is the difference in Tether to any other fintech except they handle crypto and we can "see" what they do. When trim it down the public ledger is even extreme transparent compared to any other company. In my opinion it is not perfect of course but whats the difference or scam compared to any other fintech?
Thanks for the AMA Jimmy. Sorry if my question is a bit long winded.
I have some background in programming and also in mathematics (having studied it in college). Unfortunately I don't have experience with the most used/useful programming languages in the Bitcoin space, and I also don't think my mathematics/cryptography skills are quite strong enough to contribute meaningfully to anything important.
Do you think it would be better to try and find a graduate program at the intersection of math, CS, and Bitcoin, or to try to find a job where mentorship and growth are possible in these skills? Do you think such jobs/companies exist?
1) Apart from currency, books and art seem like entities in much need of censorship resistance from governments (to avoid Fahrenheit-451 scenarios). Is this feasible using the blockchain? How could one go about scaling such a large amount of data? Do storage coins fulfill this role?
2) When are you coming to Mexico?
You recently said that from the blockchain ecosystem only Bitcoin will survive and that Bitcoin is the single good use of Blockchain. Why do you think that? And how does this affect how Blockchain Capital invests its money in Blockchain related projects? Do you invest only in Bitcoin related projects?
How do you feel about the inequality within crypto? Will a protocol be able to get to a multi-trillion dollar valuation if the founders/foundations take 15% right off the bat, meaning would you be okay with people being multi-billionaires/trillionaires? Same thing can be said about bitcoin, does satoshi owning 1 million BTC raise any concern?
Is there a way to protect old pre 2012 p2pk addresses (early mining rewards for example) from future quantum computers which are potentially capable of accessing those funds? Assuming bitcoin is worth a lot more in the future, a single entity getting access to all "burned" bitcoin from back then can't be a good thing. Is this even a threat at all in your opinion?