What are your thoughts on initial coin offerings (ICOs)? Are there any you are interested in? In the future, the possibility of funding new initiatives and creating ventures on a global basis without the traditional limitations, is going to open up new opportunities for companies. However, investors will first have to swim in waters infested with unscrupulous people and their Ponzi scheme shitcoins. The primary purpose of an ICO should be to fund a worthwhile product or project that is already achieving success, not to "generate value" or "take growth to the next level." I'm sure there are some that are very interesting, but at least 95% of the ICOs out there have none / very few of the basic fundamentals. Does that mean we should have a regulatory agency decide which ones are good or bad? No. It will require more maturity among investors in identifying Ponzis. The best way to learn which ICOs are worth it is to lose money. Waiting for the wash-out. When these people promise great riches, they usually mean for themselves. If you have a viable product... build it first and they will come! I do not treat these technologies as investments but learning opportunities.
Chapters
0:00 What's your view on ICOs in general and are there ICOs you are interested in and why?
1:07 95% of the ICOs out there have no basis, fundamentals or anything like that
2:34 One great way you get that education is by losing your money
4:29 Scammy ICOs
5:15 You have to be careful in choosing ICOs
6:18 Learn, don't trade
This is part of a talk which took place on March 20th 2017 at the Singapore Management University for the Singapore Bitcoin & Ethereum meetups:
https://www.meetup.com/BitcoinSingapore/events/237307480/RELATED:
TheDAO - Why failure is a necessity for learning -
https://youtu.be/2KZTx8IYc9sInvesting in education instead of speculation -
https://youtu.be/6uXAbJQoZlEWhat should not go on a blockchain? -
https://youtu.be/shn9otsT-PwSteemit, Yours Network, and future social platforms -
https://youtu.be/ntoJNuzlTSAAndreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-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=UTF8MASTERING BITCOIN:
https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042Subscribe to the channel to learn more about Bitcoin & open blockchains!
Outro Music: "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. 📈
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