Introducing David Hay. Plus "Will crypto and blockchain divide humanity"?

in #cryptocurrency7 years ago (edited)
david_hay2.jpgThere was a time when I knew very little about crypto and I was hungry for knowledge. Naturally, Youtube ...
... has been my go-to main source of information and I ended up watching an insane number of videos trying to figure out which channels are even worth my time. There are simply so many influencers out there that at some point we need to choose whom are actually worth our time.
Without any futher ado, let me please introduce you to David Hay111.jpg

(Img source: slbtruscott.files.wordpress.com)

WHO IS DAVID HAY?

I'm sure many of us are a custom to that name by now. He is one of the most valuable Australian youtube influencer regarding both blockchain technology and cryptocurrencies I've come across so far. All the issues addressed by him are always explained in a calm and professional manner. Amazing stuff!
Those who never heard aboud David Hay should definetly check his youtube channel: https://www.youtube.com/user/DavidHaydotOrg/videos

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WHY DID HE INSPIRE ME?

In the past several months I had pleasure of coming across many people interested in cryptocurrency and I noticed that the blockchain community is generally very willing to share their knowledge and experience with each other. You can witness the greatness of it on Steemit every single day.

David however, went one step further. He has been actually risking his life to organize training about cryptocurrencies in Venezuela. His goal was to educate people about bitcoin, blockchain technology and the benefits that come out of it.

Check out video below and show some support:

https://steemit.com/cryptocurrency/@davidhay/mtkiadq8

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Has anyone here been aware of his project and following his recent actions? Im very curious about your opinion. It seem that David (and many others) believe that introducing cryptocurrencies to poor and undeveloped regions of the world can be a solution to many financial problems. Somehow Im very skeptical and personally I think that this technology will divide society even more than money (or lack of money) did. More than current immigration issues does.

We are already witnessing millions of people who aren't able to participate in the current economy and enjoy benefits of existing markets and technological achievements. The only hope I see for those people of not having access to education is learning from influencers like David. The truth is that it's simply not enough.

I would like to hear your view on this topic as well. We have been witnessing a "europe two speed economy". It divided europe heavily. Will crypto and blockchain divide humanity?
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David Hay about KYC and Privacy Coins:

There has been so much talks happening lately about KYC, Privacy Coins and their future and I cannot express how much nonsense I've found out there on youtube and other social media. And since I believe this may be important topic for many of us, please let me recommend watching this recent youtube video:

David Hay accompanied by Crypto Bobby (another extremely valuable influencer) and Crypto Love share their thoughts on that particular issue.

End word

I cannot express my gratitude to people like David Hay. He is doing an amazing job to support this community and the best we can do to pay back is by sharing his content.

I honesly wish there would be more people like him. Such an amazing and inspiring example to follow.

Cheers, Piotr

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I am from Venezuela, and you are right about the fact that cryptomoney helps the poorest, in fact steemit is currently my main source of income because due to the crisis in my country the salary is not enough for much. I do not believe that it will divide the world, but rather I believe that soon there will be a single currency for everyone and that will be digital, the blockchain offers a lot of security and freedom, currently the process that the kryptomonedas live is in search of taking away a little of that freedom because it lends itself to financing bad projects, but once you have control over it what follows is logical.
Greetings friend!

I just replied similar comment a second ago. I think you posted 2x same reply.

You got a 10.53% upvote from @sleeplesswhale courtesy of @jesusjacr!

This comment has received a 30.87 % upvote from @steemdiffuser thanks to: @jesusjacr.

This is David Haye:


Did you make a typo?
If so, why not edit your topic?

You're right. Now I just noticed my mistake.

Feel like an idiot now. Thank you for your suggestion. I appreciate.

Ive just read your other post about "conspiracy theories". Good read. Very well written :)

I made my first contest ever. Would you mind checking it out and sharing your feedback? And perhaps also commenting as Im interested what is your view on discussed issue:
https://steemit.com/blockchain/@crypto.piotr/mini-contest-how-ai-supported-by-growing-blockchain-technology-can-change-the-world

I would really appreciate if you could share some of your experience with me :)

Cheers, Piotr

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I am from Venezuela, and you are right about the fact that cryptomoney helps the poorest, in fact steemit is currently my main source of income because due to the crisis in my country the salary is not enough for much. I do not believe that it will divide the world, but rather I believe that soon there will be a single currency for everyone and that will be digital, the blockchain offers a lot of security and freedom, currently the process that the kryptomonedas live is in search of taking away a little of that freedom because it lends itself to financing bad projects, but once you have control over it what follows is logical.
Greetings friend!

Hola amigo,

el "mundo Steemit" es pequeno.
Aqui nos encontramos de nuevo :)

Que hubo compadre!!! tiempo sin leerle! que tal todo?

You got a 19.54% upvote from @proffit courtesy of @jesusjacr!

This comment has received a 5.06 % upvote from @steemdiffuser thanks to: @jesusjacr.

Thank you @jesusjacr for your kind reply. I noticed that there is quite strong Venezuelian community on steemit. I really hope this platform will give some of you the chance for a better future.

Are things getting any batter lately? Or is your country still going down the drain?

Hope you're well my friend

It went down the drain a long time ago, but every day what is already very bad gets worse.

Im sorry to hear that mate.

Would you mind sending me short email to [email protected]? I would love to be able to keep in touch and support each other on Steemit.
I wish there would be more advanced notification system developed by steemit.

No pressure of course :)

Cheers, Piotr

Your comment on its potential to divide humanity is intriguing Piotr, indeed the power of remittance is disruptive. Plus the potential to crowdfunding things. as much as I love crypto, I can't help but think of the negatives myself. Imagine a dystopian future where the governments all issue digital identities on the blockchain centralised by government agencies and your bank account, social status to your credit score is tied to your digital identity and only the government issued currencies are accepted. We all have barcodes of our active keys and it's a black mirror nightmare.

Ultimately I just fear of the government and oligarch moves. But till then no matter what stake they have, Cryptocurrencies and Blockchain Technology offer a level of liberty in ownership and the creative projects being nurtured is fascinating. But proceed with caution.. Pandora's box!

@crypto.hype Interesting point you bring up. I believe that @crypto.piotr is asking the wrong question however. The question is not whether blockchain and cryptocurrencies in and of itself will divide humanity. The question in my mind is whether we will have decentralized economic models vs the centralized ones we do today or some sort of hybrid. It's like saying will money divide the world or will AI technology divide the world. The question is more of who controls the resources, the wealth and the power? And today the answer is that only a few groups (Ex - In USA, Silicon Valley, Wall Street, Corporate America & Washington DC call the shots).

Technology can be good or bad. The question is are we going to centralize or decentralize it's availability and are we going to give more power back to the people? This is interesting because Mark Zuckerburg's Senate Testimony Hearing proved that FaceBook and other social media companies are creating large monopolies and have too much control over 2 Billion users' data. They violate our data privacy and sell it to the highest bidder. When you have a system and a business model that creates incentives like that, Facebook at the end of the day makes its money from ad revenues. It's going to play dirty with our data. This is why we need to change our economic system and change the fundamental incentives.

Regulation is a major threat @crypto.hype, I hope in the long-term, the majority of nations choose not to regulate and leave crypto/blockchain space decentralized cause then there can be a lot of benefit to the masses and the unbanked can finally be banked.

Thank you to both of you @crypto.hype and @daddyku

I love your replies. And I love the fact that you dont necessary agree with me :)

I made my first contest ever. Would you mind checking it out and sharing your feedback? And perhaps also commenting as Im interested what is your view on discussed issue:
https://steemit.com/blockchain/@crypto.piotr/mini-contest-how-ai-supported-by-growing-blockchain-technology-can-change-the-world

I would really appreciate if you could share some of your experience with me :)

Cheers, Piotr

Hi again @daddyku

I would love to stay in touch with you a little bit closer as I value your knowledge and your input. And we could support each other on Steemit.
I wish there would be more advanced notification system developed by steemit.

Plus you're very responsive which is absolutely great and steemit community surely will benefit by having you here.

Perhaps you could send me short email to [email protected]

No pressure of course,

Cheers, Piotr

@crypto.piotr Thank you for the kind words! You pose a lot of valuable feedback and post alot of good questions and posts :)

I would love to stay in touch, Email is not the fastest to reach me however, the best will be to chat with me via Steemit.chat @daddyku if you wouldn't mind! Cheers :)

Hi Farris,
I noticed that most people disagree with me and they think that this technology will unite people instead of dividing. I just dont see it happening. Majority of population will never have an access to benefits coming from this technlogy or understanding that would allow them to be part of this market.

Many will be excluded. If one doesnt understand what does it mean then I would recommend to visit some 3rd world countries as I did several times in the past. World is full of those who were left behind.

Some of your darkest dreams can actually happend one day.

David Haye has been one of my favorite YouTube sources on information since I started in crypto also. I think you made a good choice there and thanks for sharing this because I feel others could stand to benefit from his work also.

In terms of your question will Crypto divide humanity, I feel like it already has in many ways. There are those who avidly support it and those that do not, but the biggest constraint is the government crackdowns and the forceful prevention across the world in many countries against cryptocurrency when honestly you should be able to whatever you want with your money short of funding illegal activities or terrorist organizations. Personally I think Blockchain technology will become the future of technology and that the technology built on top of blockchains and will become part of everyday life whether people want it to or not, over time of course. So put me down on the side of humanity that will do whatever they can to continue to promote crypto and push for its continued success.

I will say that I personally believe that crypto has the greatest impacts or benefits of viewed as a commodity for trading purposes and a store of value when it comes to the financial aspects of things. I do not believe crypto would overtake currencies entirely or have any kind of near term prospect for becoming a useable currency in too many regards because the prices are far too volatile. Currencies do not fluctuate the same and have consistent usable values. You could actually be financially harmed by transacting in crypto if you sold something, say a house, and then the next day the price bottomed out.

I think it should be viewed as a form of digital commodity or asset, almost a hybrid between stocks and commodities such as gold and silver.

From a trcnological standpoint as well this is where the greatest impact on society as a whole will lie, not in the daily gains and losses of the market but from the technological advances that we'll see come from Blockchain technology.

Thank you for your amazing and super long comment. I appreciate every bit of it.

Do you have any other fav youtube influencers that you could perhaps recommend?

"In terms of your question will Crypto divide humanity, I feel like it already has in many ways."
I guess we're on the same page.

"I do not believe crypto would overtake currencies entirely"
And again on the same page. Boooring :)

I will re-read your post again in a moment. Thx again.

Hi @crypto.piotr
Thank you for this nice article. The question you brought up really made me think "Will crypto and blockchain divide humanity?"...

I think that at the moment crypto, blockchain and such have already divided us. A very large part of the population just have no clue about it and ignore the potential of this technology.
A good exemple of it was visible through the medias at the end of last year. People started to invest in cryptos without having the necessary knowledge to understand what it really is. The hype swaped over on the traditional medias that reported about the latest price peaks and excesses. What I have read made me think that we have a society in which there are three groups:

  • the crypto geeks: they know about the technology. Use it and profit from the potential.
  • the gold searchers: they just do know that the prices fluctuate. They invest in cryptos and ico's without knowing how they work. They are very in danger to be scammed and loose money. This lack of knowledge can bring about regulatory effects of governments.
  • the clueless: they do not know anything about the technology. Do not try to understand it unless they are educated in it.

I remember 15 years ago, I used a mobile phone for the first time to contact my future wife which lived 2000 km away. Today everybody has a phone and you can do amazing stuff with them. The speed of the technological advance is amazing and ever accelerating recently.

It is up to us to make sure that the technolgy becomes available to everybody

What I want to say is: Yes the technology divides humanity but we are at the very beginning of this technology and it is not possible at the moment to know what and how much of it will prevail. The success of the technology really depends on us the crypto geeks. If we want to make sure that the technology develops and becomes popular for all humanity, we have a duty to educate as many people as possible. So in a way it is up to us to make sure that the technology will not divide but unify humanity.

I've never expected such a long and informative reply. OMG. i love it! :)

Im going to have read it and then re-read it before I will even start replying hehehe (answering to long posts is never easy)

"I think that at the moment crypto, blockchain and such have already divided us. A very large part of the population just have no clue about it and ignore the potential of this technology."
OMG. We're so much on the same page. You would be surprissed how many people seem to see things differently. Through pink glasses. Im hearing that world will be better place, that goverments will not be needed etc. I see this technology dividing society like knife would go through butter.

"People started to invest in cryptos without having the necessary knowledge to understand what it really is."
You may find my reply very strange and unusual. I like to think outside the box sometimes. So I also started with crypto at the end of 2017. I could tell that market is overheated and we will crash soon. So I invested just some money I could lose and I experienced january crash. I could avoid it easily. But I figured that learning process is way better once we're losing money. Because we're psychologically becoming stronger and we start to understand our emotions better.

You mentioned 3 different groups. Which one you would be in? :)

"The speed of the technological advance is amazing and ever accelerating recently."
Im honestly terrified. I know that once I will be old (age of 60-70) then I wont be able to catch up with technology.
I see our parents being overwhelmed already. We will have it much worse.

I made my first contest ever. Would you mind checking it out and sharing your feedback? And perhaps also commenting as Im interested what is your view on discussed issue:
https://steemit.com/blockchain/@crypto.piotr/mini-contest-how-ai-supported-by-growing-blockchain-technology-can-change-the-world

I would really appreciate if you could share some of your experience with me :)

Cheers, Piotr

Sorry for the long comment, sometimes I cannot help it ;-). Thanks also for your extensive answer.
I would definitely consider myself as a crypto geek, but one who is technically limited. I would love to be able to code things myself.

I think you did a great job with your first competition. I wrote a comment, resteemed and upvoted ;-).

"Thanks also for your extensive answer."

Sometimes I also cannot help :)

Thank you so much for your support! You're the man!

Humanity is already divided. Crypto will not make it worse. The fact of the matter is that the policies of the banking system are the reason for financial exclusion and division along with governments using a divide and conquer strategy against the people so that top parasites remain in charge and can continue to collect profits. Their time is soon coming to an end.

The technology will have to reach a level simple enough so that Andreas Antonopoulos's mom would be able to use it. Then widespread adoption in the 3rd world will happen. He said a couple of years ago that we were at about the same point in adoption relation to the progress of the internet in 1992 and progressing 3x faster. Once a crypto trade can be done with the swipe of your hand on a smart phone, that's when mass adoption will happen.

The reason it has to happen in the 3rd world is because the rest of us who have full banking privileges aren't able to see the reason for it. We already have our system of banking and it works for us, but excludes more than half the population. Only 1.5 billion of the worlds people have full banking privileges. This whole system was set up because of the fear elites have that even more prosperity would cause a population explosion. They want to cull their human herd since WWII, but find covert ways to do it.

Thank you for your amazing and super long comment. I appreciate every bit of it.

I dont think that crypto will make it worse. I think that blockchain technology will. Can you imagine how hard it will be for those without education and access to technology? They will be left behind. In something that one day people will call "middle-age" :)

"The technology will have to reach a level simple enough so that Andreas Antonopoulos's mom would be able to use it."

Before it will happend we will already have our race divided like crazy.

Thank you for your comment. I noticed that you wrote about war in syria. Going to read this post now! :)

"This whole system was set up because of the fear elites have that even more prosperity would cause a population explosion. "
Wow. I never thought about it this way. Thanks for opening my eyes :)

cheers,

Hi Piotr,

Will crypto and blockchain divide humanity?

I don´t think so. The internet also offers other opportunities to earn money outside of Steemit. Not only with cryptocurrencies. This split happened for years. Who has a way to use the Internet, which has a clear advantage. So it does not get better or worse with the blockchain. The actual state is not affected.

The big advantage is that with cryptocurrencies you can transfer very small amounts for very low fees (or free, as here at steemit) around the world. South Americans are about the same as the Poles. They are very flexible and can improvise very well. Especially for Paraguay, there is no way to exchange cryptocurrencies. But a friend has a cousin in Argentina. There he sends his cryptocurrency. Some products are cheaper in Argentina. So his cousin buys the value of the sent Cryptos products in Argentina and brings it to Paraguay.

I only have a small account, but I know the current situation in Venezuela and I know that there are a few STEEM cents worth of pure gold.

That's why I support with a small group people on Steemit in Venezuela.
I can support them with small upvotebots like drotto ;) - So i can give more support like i can with my votes.

For Europeans or Americans, an SBD may not be much, but if you know that the current monthly salary in Venezuela is only $ 3-5 a month, because of local currency inflation, then you know how much an SBD or a few cents is worth.

Greetings to Malaysia

Thanks for sharing your thoughts with me. I appreciate it.
Have a great saturday

I just decided to re-read your comment. So much interesting info in it.

Greetings to Paraguay. It must be beautiful country. Is your economy okey? Or doing as bad as Venezuela?

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