Rick Falkvinge explains how cryptocurrencies will change banking
[Текст на српском] If you are new to Steemit, and still have troubles to grasp the concept of cryptocurrencies, or if you just want to take a peek into a new world, you ought to see this intervew…
Sophie Shevarnadze asks Rick Falkvinge, CEO of BitCoin Cash and founder of the Swedish Pirate Party, all the questions that should interest a total laymen in the cryptocurrency world:
- Is there any price limit for bitcoin?
- Is Bitcoin’s decentralized nature its Achilles heel?
- Can bitcoin really make everybody rich?
- Is it too late to start?
- Is it a bubble?
- Does it enable crime?
- Will the complete implementation of cryptocurrency make compulsory taxation impossible? What happens to real life governments then?
- Can cryptocurrencies really work if an internet connection isn’t a permanent thing in the world?
- How will it change banking?
- It won’t be easy for older folks, right?
- Where do all these insane values come from in Bitcoin?
- How come it’s so easy to lose access to something you own? That can’t happen to my wallet, or bank account, right? (Wrong!)
- Taming the cryptocurrencies?
Cryptocurrency will survive as US dollar and euro collapse – BitCoin Cash ‘CEO’
(Duration: 24:06)
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