#Blockchain News: #Investors-Group
#Blockchain will dominate the New Financial System
I first began to explain in 2013 that #Blockchain and the Digital Distributed Ledger Technology was set to dominate the New Global Financial System by replacing the antiquated and archaic systems that have never changed since the 1970's/1980's.
When I first mentioned this, it was met by laughter, ridicule and on the odd occasion threats.
To say that the current Financial System was set to implode, I knew I was going to be fighting the tide of resistance and those that still had faith in the System.
For over +3 years no one would listen to my story, but finally in January of 2016 Max Keiser did.
I was contacted by Max and Stacy in December of 2015 and was invited into their London Studio in the January.
I cannot thank Max and Stacy enough
It should come as no great surprise that I am a massive fan of Max and Stacy and I cannot thank them enough for allowing me to tell my story.
Following on from the interview in January, 2016 secured its place in history as the "Banner Year" for the adoption of #Blockchain Technology and I am proud to have been one of the early ones to be championing its application.
#Blockchain Derivatives
The one area that I am a huge advocate in championing, is the application of #Blockchain and the Digital Distributed Ledger Technology to the Toxic World of Financial Derivatives.
As I have been banging on for over +4 years, there is not one person on the planet smart enough to calculate the Systemic Risk of an implosion to these Toxic Derivatives as they continue to spread through the Financial System like Cancer.
In the future, all Financial Derivatives, including: Loans, Mortgages, Insurances, Stocks, Bonds, Debt, Assets, Gold, Silver, Commodities, Trade etc etc will be: Verified, Validated and Evaluated on the #Blockchain.
If you have 12 mins to spare and have not yet seen it, I highly recommend you watch the second half.
The second half is time-stamped at 12:50 mins.
Credit: @KeiserReport
Thanks again for reading/watching.
Stephen
Please feel free to use the #Investors-Group tag for: Stocks, Cryptocurrencies, Commodities and Investment related Blogs.
It's because of this incredible video that we met! Have personally thanked Max for doing this interview. It was mind blowing!
Thanks Josh. It has been an absolute pleasure to get to know you and John and I am thankful that you contacted me after seeing the interview I did with Max. What most people probably do not realise is that this 15 mins with Max did more for me than I could have ever imagined. Max opened more doors for me after inviting me on his show than I could have ever have wished for and for this I will be eternally grateful. If only more people would just switch off their TV, get off Facebook and listen to the likes of you and Max then things would be totally different. #Blockchain is here and it is not going away. Despite what people think, #Blockchain is bigger than any Government or Central Bank in the World and not one Government or Central Bank is big enough to stop it. People have to accept it that this is new norm and will change peoples lives way beyond the imagination of even the smartest of people on the Planet. Keep up the great work Josh. You and John are doing an AMAZING JOB..!! Stephen
Awesome interview and I think it was pedagogical enough for even the average joe to get it as well. I think when talking about concepts like this it makes so much more sense when using a model.
Using the wrecking ball to symbolize the derivatives market is definitely very affective - I have a feeling you made this module hehe?
It's interesting how you describe it, we are pushing the problems into the future with the assumption that the economy will just develop smoothly forever. Unfortunately with today's greed it seems like many problems are being pushed into the future, not only the economical problems but environmental as well.
Awesome interview I liked it a lot and I am sure that for those who actually saw it when it first aired and started investigating the block chain technology and crypto are probably very thankful they did !
But things are still at an early stage so seeing it now is not too late either, but things are moving fast
Nailed it..!! Thanks for the comment and support. Stephen
My pleasure:)
Thats a Big comments and Its Really great comments i really Like it @dandesign86
Thank you, when I read good content I try to give a good comment :)
You are really kind
Shared on twitter. Stephen
Does this mean a crash like the one in 2008 may come and would that have a similar effect to housing like it did in 2008?
Worse..!! 2008 was just a precursor to the Big Event..!! Stephen
This is probably going to be "the big one" from what I come to understand. I'm pretty confident that the blockchain technology will lead the trend in the future, but what I'm concerned about is that we haven't really seen the whole of the govenments clapback to cryptos. I'm afraid of what they have in store for us.
Despite what people think, #Blockchain is bigger than any Government or Central Bank in the World and not one Government or Central Bank is big enough to stop it. People have to accept it that this is new norm. Stephen
Good...............
That was a great interview and I love the wrecking ball, one and a half quadrillion dollars is such a big numberto wrap your head around. Block chain has exploded since that interview, it would be nice to see you on their again I love the Max Kaiser show!
Thank you and thanks for the support. Stephen
Agree, the blocks and wrecking ball are a great aid to visualize the relative size and potential damage of derivatives to markets and commerce. Economically we are so fortunate that since the interview almost 2 years ago, that ball has not started its wild swing. Only matter of time, to continue the analogy in the video, till someone or something bumps the table and the ball starts swinging out of control.
That time could be days or a decade. From @dandesign comment, "...we are pushing the problems into the future...", can also refer 'pushing' on that wrecking ball to set it in motion!
The ball in swinging, it's just that people cannot see it. What people fail to understand is #Blockchain is bigger than any Government or Central Bank in the World and not one Government or Central Bank is big enough to stop it. People have to accept it that this is new norm and that the ball is now well and truly swinging..!! Stephen
Thank you for sharing your nice article. I'm personally glad to you to know about like this article
yes, i was one of those didn't listen, now i know, thank you
Thank you. It is never too late to start listening. Stephen
we are pushing the problems into the future with the assumption that the economy will just develop smoothly forever. Unfortunately with today's greed it seems like many problems are being pushed into the future
How does one brace for this?
I highly recommend people educate themselves. Turn off the television. Get of Facebook, and do some real research. The last +45 years has been nothing more than one BIG LIE..!! Stephen
https://steemit.com/anarchy/@nicholas83/perspective-1
I guess I said something similar in this post.
yo tambien soy un admirador de Max y Stecy un gran equipo que dice lo que otros no se atreven algo solo posible en rt
Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 98.77 SBD, based on the pending payout at the time the data was extracted.
If you do not wish to receive these messages in future, reply with the word "stop".
Congratulations @stephenkendal, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 247 and the total pending payments to posts in this category was $3415.07. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
This was a fascinating couple of interviews. Re: R3 from Wikipedia "In November 2016, Goldman Sachs, Santander and Morgan Stanley each withdrew from the consortium." I wonder why that happened? Anyone have thoughts or education on this? Thanks for posting. BTW Loved the model for illustrastion purposes.
Wonderful post, and great video to combine with your story. This is the future we are toying with... In 2009, when Bitcoin appeared on the scene, it was clear then that a seismic shift had occurred in finances - yes. But also in TRUST between humankind globally!
If the future interests you ... look deep into the past. You’ll discover some of the very first forms of ‘currency’ for exchange between kings was done on interlocking stalves of wood. The jigsaw pattern which split the staff would match perfectly when rejoined - proof and verification to finalize a transaction which occurred earlier. It is fascinating... and it is happening again!
it's too late, don't have enough time now. Commenting to remember to watch it tommorow. Cheers!
Very thought provoking and extremely fascinating. I am bookmarking to refer to this later. Thank you for posting this. I gave it my 100 percent upvote~
Wow!!!! i love this post....thanks for sharing...it has also motivated and encouraged my belief in the blockchain technology.... I have followed you anyways....please kindly follow me back @delilonia and help me upvote and if possible promote some of my posts especially this one i made some days ago....
https://mspsteem.com/blog/@delilonia/a-must-read-for-every-steemian-do-you-know-steemit-cares-about-your-health
Congratulations @stephenkendal!
Your post was mentioned in the hit parade in the following category:
Great!! I swear it took me like 2 years of watching the Keiser Report before I understood what half his guests were talking about.
YAŞASIN RECEP TAYYİP ERDUVAN. AVRUPA BİZİ KISKANIYOR LEN MQ
😍A very informative post. Great job. Keep it up! 😍
bitcoin smashing through the $8,000 level for the first time this week after a 50 percent climb in eight days, Central bankers are worried they will be blamed if the market crashes.
Hi)
I'm community manager from TravelChain company and our team really liked your profile. The content you make is very interesting and referred to the main point of our company.
We would like to offer you to take part in our Bounty campaign and help us with promoting. If you will be interested, contact me on telegram if you are interested @aleksandra_drc and I will send to you links with some information)