This video is part 8 of Mike Maloney's "Hidden Secrets of Money" series. In this installment Mike presents "From Bitcoin to Hashgraph: The Crypto Revolution".

Image from GoldSilver (w/Mike Maloney)

Full Video

• (00:00) Introduction to the video;
• (00:15) New technology developed in 2008 -- full consensus distributed ledger technology -- mankind at the crossroads;
• (02:05) Verge of a paradigm shift in currency and trade -- Bitcoin -- crypto-currencies;
• (03:05) Part 1: Yesterday -- Mike's learning about crypto-currencies at his first ever Bitcoin conference;
• (04:14) How Bitcoin works -- "The Byzantine General's Problem" -- guarantee of full consensus -- distributed ledger;
• (08:33) Where did Bitcoin come from and who invented it? Comments by -- Jeff Garzik, Bitcoin Core developer -- Andreas Antonopoulos ;
• (10:43) Bitcoin: How does it work? And what's the point? -- publick key and private key -- privacy -- crypto-currencies are light years ahead of our current technology;
• (12:42) Where does Bitcoin get its value? -- both a currency and payment network simultaneously;
• (13:11) The Blockchain -- How it works -- Bitcoin mining;
• (16:26) Why is Bitcoin so slow? -- There is a purpose to this -- soft forking -- longest chain wins -- maintains consensus;
• (18:35) Eric Grill, CEO of Coinoutletatm.com -- Mike Maloney buys some of his first Bitcoins;
• (20:45) Regulation;
• (22:40) Trace Mayer, Monetary Scientist and Entrepreneur -- internet payments forseen -- Jeffery Tucker, Foundation for Economic Education -- Bitcoin is immortal;
• (24:46) Concerns about Bitcoin (deflationary nature of Bitcoin) -- Chris Ellis, Micropreneur -- people HODL'ing their Bitcoins -- alternative crypto-currencies are needed;
• (27:58) What has been learned so far... -- this is a world changing revolution;
• (30:11) Is Bitcoin unhackable? -- remember Enigma -- multi-sig wallets
• (31:05) Pay as you go -- no middle-party -- increase efficiency -- freedom -- personal prosperity;
• (31:57) Wall Street -- antiquated dinosaurs -- ICO's - Token Generation Events (TGE's);
• (32:27) Mike Maloney is going to be putting some of his capital into crypto-currencies from now on;
• (32:44) Reason people buy Bitcoin -- an alternative to fiat currencies -- comparison to gold and silver;
• (34:30) 11 July 2014 "Insiders" investment alert -- Bitcoin and crypto-currencies -- 10% of Mike's portfolio going into Bitcoin;
• (35:37) Retailer's experiences with Bitcoin -- Patrick Byrne, CEO of Overstock.com -- Bitcoin allows retailers to avoid credit card fees -- December 2014 Mike's company began accepting Bitcoin payments;
• (38:30) Part 2 - Today -- Blockchain boom -- ICO's -- Bitcoin forks;
• (39:29) Meeting in New York City -- Demetri Kofinas' "Hidden Forces" -- Hashgraph technology;
• (40:53) Hashgraph technology -- What is it? -- "Gossip Protocol" -- "gossip about gossip" -- "voting protocol" - virtual voting;
• (44:44) Meeting with Demetri Kofinas, HiddenForcesPod.com -- Hashgraph -- The Swirlds Hashgraph Consensus Algorithm;
• (46:44) Return to "The Byzantine General's Problem" -- Byzantine fault tolerance -- how hashgraph solves this;
• (49:11) Hashgrap is the biggest revolution since the web -- holds the promise to solve all scaling issues;
• (50:41) Many different crypto-currencies;
• (51:41) Meet with the Hashgraph team -- Jordan Fried, Hashgraph V.P. Business Development -- Hashgraph is asynchronous Byzantine fault tolerant -- Hashgraph SDK;
• (55:10) Edgar Seah, head of business development - Asia -- Internet-of-Things -- Identity;
• (55:57) Speed of evolution in crypto-space;
• (56:22) Meeting with Hashgraph's Mance Harmon, CEO of Swirlds Inc. (Hashgraph);
• (58:40) Leemon Baird, Hashgraph inventor -- inventing hashgraph -- moving beyond proof-of-work;
• (68:45) Epilogue to this episode;

74 minute video from GoldSilver (w/Mike Maloney) published 18 December 2017

Bonus Features https://goldsilver.com/hidden-secrets/

I am not affiliated with Mike Maloney. I am a subscriber to the GoldSilver (w/Mike Maloney) YouTube channel.

The purpose of this post is to expose Mike Maloney's work to a wider audience, increase his views on YouTube, and hopefully increase the number of subscribers to his YouTube channel.

Coinbase

I buy my Bitcoin, Ethereum, and Litecoin through Coinbase. For me, buying them through Coinbase is fast and convenient. Plus, you will get $10 in Bitcoin when you signup at Coinbase using this link and you buy $100 or more of crypto-currency.

The reason I like Coinbase is that they stand up to an over-reaching government: Coinbase Obtains Partial Victory Over IRS, 29 November 2017

Ledger Nano S

For safe keeping I store my cryptocurrencies and tokens on a Ledge Nano S, I bought mine on Amazon.com.

Links to Amazon Products in this Blog Are Provided for Your Shopping Convenience

I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites.

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