Bitcoin is capturing headlines with its sharp rise in price, giving credibility to the claim that it has the potential to become major disruptor in the global economy.
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33:40 Where I think Tone misses the point of some alts is that it is not only about scarcity. Assets like XRP perform certain functions that bitcoin is incapable of performing while also being scarce. Scarcity isn't enough, utility will add to the value and therefore price of an asset.
We met Tone at a Crypto conference in Saint Petersburg and enjoyed talking to him. I love how Tone explains sophisticated concepts in such a simple way. Clear thinking and experience help a lot. Awesome vid – recommend it to everyone who wants to learn more about Bitcoin.
33:40 Where I think Tone misses the point of some alts is that it is not only about scarcity. Assets like XRP perform certain functions that bitcoin is incapable of performing while also being scarce. Scarcity isn't enough, utility will add to the value and therefore price of an asset.
Wow great channel and quality – follow 🙂
We met Tone at a Crypto conference in Saint Petersburg and enjoyed talking to him. I love how Tone explains sophisticated concepts in such a simple way. Clear thinking and experience help a lot. Awesome vid – recommend it to everyone who wants to learn more about Bitcoin.
I SUBSCRIBED.
This is a fantastic video
Cutting edge break throughs, Tone's been through it, understands it, and is now Teaching it! Must watch video
Tone Vays is the real deal 24/7!!!
Wow, amazing quality Video August, i had no idea
Thanks for this talk
Big thanks to August Bradley and Tone Vays for a great and informative show.