▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Full Movie – Blockchain – Innovation or Illusion (v6bwm)
Chapter / Hilights:
——————————
00:00:00 Introduction
00:03:51 Selling 101 – Talk about your product, not your competition
00:05:32 What do real tech leaders think of blockchain?
00:07:22 Understanding crypto technology – It’s easier than you think.
00:09:31 Crypto psychology & the history of gaslighting
00:13:03 De-centralization – How does it work and is it better?
00:15:16 The marvel and magic of CONSENSUS
00:16:40 What is Blockchain?
00:19:17 Mo Decentralization, Mo Problems
00:20:46 Tokenomics
00:22:46 Mining
00:25:08 Transaction Fees
00:29:04 Buzzwords:
00:29:09 Smart Contracts
00:30:13 NFTs
00:31:57 De-Fi
00:33:06 Staking
00:33:37 DAOs
00:34:22 Web3
Part 2: —– Addressing popular blockchain claims
00:35:08 CLAIM: Blockchain Can Verify Authenticity
00:36:25 The Oracle Problem
00:37:33 Supply Chain Tracking Example
00:42:37 CLAIM: Blockchain is de-centralized and not under anybody’s control
00:43:43 If “Code Is Law,” Then Whoever Writes the Code is the Ruler
00:48:22 Is Mining De-Centralized?
00:51:01 Core Infrastructure
00:53:48 Trading Infrastructure
00:56:09 CLAIM: Blockchain is Immutable and Cannot Be Altered
00:58:36 51% Attacks
01:01:54 Other Ways To Hack The Blockchain
01:03:06 The Infamous “Ethereum DAO Hack”
01:05:43 CLAIM: Crypto Can’t Be Seized
01:08:38 CLAIM: Crypto allows you to send money around the world instantly (with no middlemen)
01:12:14 CLAIM: Crypto helps “Bank the Unbanked”
01:14:06 CLAIM: Crypto is an investment (aka “Digital Gold”)
01:19:23 Conclusion – TL;DR
01:24:24 Credits
Contact A.R. Smith at Twitter:@amScream or visit for information on licensing, interviews and distribution, debate, podcasts, etc.
Official web site:
Discord discussion group:
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Twitter:
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Some video backgrounds courtesy of: videezy.com.
CORRECTIONS (these are all known inaccuracies in the film – regularly updated):
1. At 1:22:15 near the end, I put up a picture of Jimmy Fallon and say “Jimmy Kimmel” – I apologize for this mistake. I will correct this in a subsequent version.
2. It was pointed out to me that the film “Gaslight” was originally made in 1940 but I displayed a poster from the 1944 version.
3. During the segment “Understanding Crypto Technology” I talk about existing tech and compare it to bitcoin. I state that the microwave oven cooks potatoes faster than a conventional oven, which is correct, but I misstate how long it takes to cook a baked potato in an oven – it’s closer to 1 hour and not 3+ hours as stated. This is totally my fault. I remembered it wrong due to me rarely cooking baked potatoes in an oven any more.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
