One of the best TV interviews on smart contracts in quite a while

cr1776

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Quote from: CoolBliss on August 25, 2014, 12:14:59 AM

Quote from: JypsiCreme on August 25, 2014, 12:09:03 AM

Quote from: logger on August 25, 2014, 12:02:11 AM

Quote from: PalmerLaura on August 24, 2014, 11:34:44 PM

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.

btckold24

sr. member

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★Bitvest.io★ Play Plinko or Invest!

decent watch, thx for the link op

unexecuted

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Quote from: StatusSeeking on August 24, 2014, 11:51:09 PM

Quote from: NotAtOld on August 24, 2014, 11:41:15 PM

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.

CoolBliss

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Quote from: JypsiCreme on August 25, 2014, 12:09:03 AM

Quote from: logger on August 25, 2014, 12:02:11 AM

Quote from: PalmerLaura on August 24, 2014, 11:34:44 PM

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.

JypsiCreme

full member

Activity: 149

Merit: 100

Quote from: logger on August 25, 2014, 12:02:11 AM

Quote from: PalmerLaura on August 24, 2014, 11:34:44 PM

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.

logger

member

Activity: 138

Merit: 10

Quote from: PalmerLaura on August 24, 2014, 11:34:44 PM

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.

StatusSeeking

member

Activity: 78

Merit: 10

Quote from: NotAtOld on August 24, 2014, 11:41:15 PM

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

StatusSeeking

member

Activity: 78

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Quote from: NotAtOld on August 24, 2014, 11:41:15 PM

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).

NotAtOld

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Isn't this a scaled down version of Open Transactions that can't do microtransactions or ensure the safety of deposits with voting pools?

PalmerLaura

member

Activity: 116

Merit: 10

IPSX: Distributed Network Layer

Solid segment but RT is really difficult to take seriously.

DooMAD

legendary

Activity: 3948

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Leave no FUD unchallenged

Quote from: illymoka on August 24, 2014, 06:39:51 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

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.

franky1

legendary

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i agree contracts can be powerful tools. yet the way EVERYONE explains it seems very wishy-washy,

illymoka

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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

cccarnation

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Activity: 146

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One Token to Move Anything Anywhere

I don't really understand how this is supposed to work, I'd like a concrete example

GangkisKhan

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Informative news channel.

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

Reggie Middleton

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UltraCoin "Smart" Derivatives: The Future of Money

See this RT clip at the 4 minute mark
http://youtu.be/6PPBVIktY28?t=4s

Topic: One of the best TV interviews on smart contracts in quite a while (Read 1027 times)