How do we make people more resistant to ponzi & pyramid schemes? Does regulation stop them? Is the added attention a risk for the rest of the cryptocurrency space? As long as you don't make the mistake of stealing from the rich, regulators are not very effective at stopping scams. Scams and schemes happen in both thoroughly regulated and unregulated markets. Most of what regulators do involves restricting entrants on both sides of the market, and by consequence limiting liquidity. They will continue to happen. Most investors will have to have to experience losing money (perhaps repeatedly) in order to learn. It's very hard to just tell them, to convince someone who's making returns they've never seen in their life that they are participating in a scam which will inevitably collapse. What you definitely don't want to do is tell investors that if they outsource decision-making and risks, they will get bailed out; that will only make them stupider.
Correction: At 0:40, I mentioned a "George Ponzi. I meant to refer to Charles (aka Carlo) Ponzi.
Chapters
0:00 What is the solution to ponzi & pyramid schemes?
2:29 Experiential learning
7:02 The biggest mistake you can make is teach investors that they do not need to make smart choices themselves
This talk took place at the Riga Art Space for the Baltic Honeybadger conference on November 25th 2017 in Riga, Latvia:
https://antonopoulos.com/event/baltic-honeybadger-2017/RELATED:
Investing in Education instead of Speculation -
https://youtu.be/6uXAbJQoZlEEthereum, ICOs, and Rocket Science -
https://youtu.be/OWI5-AVndgkBlockchain vs. Bullshit: Thoughts On The Future of Money -
https://youtu.be/SMEOKDVXlUoUnstoppable code -
https://youtu.be/AQx3E3F8Kz4Could governments take over exchanges? -
https://youtu.be/9PrJQeKl9w4Will governments ban cryptocurrencies? -
https://youtu.be/LIQkuF_I5XoInitial coin offerings (ICOs) -
https://youtu.be/Q5R8KuxV4A0The token ICO explosion -
https://youtu.be/vdaW8NtJXuQICOs and responsible investment -
https://youtu.be/C8UdbvrWyvgICOs and financial regulation -
https://youtu.be/Plu_WX3Gs8EICOs, disruption, and self-regulation -
https://youtu.be/yfjgcI8xX3AScams, gambling, and regulation -
https://youtu.be/fTI88YrN1UEAndreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.
Follow on Twitter: @aantonop
https://twitter.com/aantonopWebsite:
https://antonopoulos.com/He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1:
https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8[NEW] THE INTERNET OF MONEY, v2:
https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8MASTERING BITCOIN:
https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042[NEW] MASTERING BITCOIN, 2nd Edition:
https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388Subscribe to the channel to learn more about Bitcoin & open blockchains!
If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron:
https://www.patreon.com/aantonopMusic: "Unbounded" by Orfan (
https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (
http://www.phneep.com/)
Outro Art: Rock Barcellos (
http://www.rockincomics.com.br/)
Join the aantonop Channel:
https://aantonop.io/joinaantonopytAbout the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
List of ours generators⚡
Random YouTube Videos Generator
Random Film and Animation Video Generator
Random Autos and Vehicles Video Generator
Random Music Video Generator
Random Pets and Animals Video Generator
Random Sports Video Generator
Random Travel and Events Video Generator
Random Gaming Video Generator
Random People and Blogs Video Generator
Random Comedy Video Generator
Random Entertainment Video Generator
Random News and Politics Video Generator
Random Howto and Style Video Generator
Random Education Video Generator
Random Science and Technology Video Generator
Random Nonprofits and Activism Video Generator