4.8 • 1K Ratings
🗓️ 4 June 2020
⏱️ 36 minutes
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SegWit2x, or - The Year Bitcoiners Will Never Forget
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0:00.0 | Hi and welcome to malicious life in collaboration with cyberism. There's an argument to be made that blockchain is the fastest growing |
0:18.1 | technology in mankind's history. Think about it. Artificial intelligence seems like it's developing way too fast, but the technology really dates back to the 50s, and Siri isn't as smart as it seems. |
0:34.0 | Virtual reality began in the 60s or 70s, depending on how you look at it, |
0:40.0 | the first IOT machine was devised in 82. |
0:43.8 | Do you know when the first blockchain, the Bitcoin network, was deployed? |
0:49.6 | 2009. |
0:51.7 | That wasn't that long ago. Yet today... That growth is a direct |
0:54.7 | even your grandma has heard of Bitcoin. |
0:57.0 | That growth is a direct result of the community supporting Bitcoin. |
1:08.0 | The most revered are those weird and crazy early adapters that believed in it back when the rest of us either |
1:16.1 | didn't know what it was or figured it was just some passing fat. |
1:21.6 | Today it's the diversity of interests represented on the platform that |
1:26.6 | really pushes the needle forward. Individual investors, startups, corporations, miners and developers all use Bitcoin in different ways for |
1:37.6 | different reasons. |
1:39.2 | But any software upgrade has to be agreed upon by the majority of the community. So technical and |
1:45.7 | philosophical debates about exactly how things should be never stop. It's |
1:51.3 | highly productive. But this is the internet after all. In some of those |
1:57.0 | same online forums where rich technical discussions occur, things can also get nasty and personal. |
2:05.0 | Highly intelligent people regress towards pettiness and childish name-calling. |
2:11.0 | And it's not trivial either. People have real money on the line, oftentimes a lot of it. |
2:18.1 | These two sides of Bitcoin's immense growth, the rapid technological achievement, and the dangerous infighting all came |
2:26.6 | to a head in 2017. A year, Bitcoiners will never forget. The setting was ripe. |
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