Is Bitcoin Replacing The Dollar? Blockchain Co-Inventor W. Scott Stornetta On Future Of Adoption

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Published 2024-07-28
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W. Scott Stornetta, widely regarded as one of the co-founders of blockchain technology, cited in Satoshi Nakamoto's original Whitepaper, discusses the future of Bitcoin adoption, the impacts of changing government regulations, and the impact of AI on the labor force.

*This video was recorded on July 28, 2024

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0:00 - Intro
1:50 - Republicans and crypto
5:05 - Democrats and crypto
7:05 - Weaker dollar
11:25 - Bitcoin ETFs
13:00 - Crypto mining
14:35 - CBDCs
23:00 - Medium of exchange
26:11 - Tokenization of real assets
20:20 - Will AI replace humans
37:46 - AGI
41:45 - Deepfake security
47:50 - Are we living in a simulation?

#bitcoin #crypto #investing

All Comments (21)
  • Amazing video despite the economy disaster and political war in the country, investment remains best for earnings. Imagine you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
  • I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Shen.
  • @TristanLegard
    Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
  • @2nostromo
    Bad money chases out good money. CBDC is bad money.
  • @DuckTape12
    The biggest issue with the CBD c is not privacy.It's the fact that your currency can be controlled and essentially tokenizes it so they could tell you what you cannot buy with your coins
  • @swylie2010
    It's so nice to hear an informed voice rationally discuss some of the potential outcomes in blockchain and AI. Bitcoin and crypto are often aligned with non-researcher public speakers who see too many patterns. I often disagree, but I am not really an expert. It is nice to hear some confirmation from a leader in the field!
  • Forget BTC, ETH, and SOL! Those are yesterday's news. If you're looking for the next big thing, Versidum is where you want to be. With its cutting-edge technology, a 100x return is inevitable.
  • @titun92
    what was the country that he was talking about ? i couldn't find any country in history that tried to ban watches
  • @x1k790
    Cryptography signatures are unique identification, no need for his trademark signatures. NFTs will do just fine, btc works great too even if a bit expensive right now. Like Craig Wright never signed a btc transaction from the original Satoshi wallet, so he lied about being btc creator.
  • Just watched the video about Versidium. Research mode activated!
  • @arsenalite7085
    Great interview and insights on the goals that Satoshi can be judged in this Bitcoin evolution.
  • @atulpatni6685
    If those guys from the Versidium manage to fulfill what they said in the whitepaper, it's a no-brainer that it will be a 100x minimum.
  • @jtrealfunny
    Great guest with a refreshingly different background from all the financial people. I really appreciate his comments on what Bitcoin is today versus what it initially proposed to be. Could you get him on with Lynn Alden? I wish you'd covered BTC as an alternative currency or did I miss it? Also adoption of BTC internationally (people with less stable currencies) versus US where our currency has been reliable? AI concerns: guest has 3 but didn't mention the concern that it will be used by the rich and powerful to the detriment of the masses. Take it from the man.
  • @op-jeet-shorts
    Versidium is creating waves in the crypto world. The concept of an integrated financial platform is a game-changer!
  • @RaviJaiswal362
    Versidium is the one, mark my words. All early investors will earn generational wealth.
  • We all know presales are risky, but the gains on those can be insane. I've just put a few thousand in Versidium. If I lose, that's a bummer, but if I win, I will be a millionaire by next year.