The future will be decentralized | Charles Hoskinson | TEDxBermuda

This talk was given at a local TEDx event, produced independently of the TED Conferences. Tech entrepreneur and mathematician Charles Hoskinson says Bitcoin-related technology is about to revolutionise property rights, banking, remote education, private law and crowd-funding for the developing world.

Charles Hoskinson is Chief Executive Officer at Thanatos Holdings, Director at The Bitcoin Education Project, and President at the Hoskinson Content Group LLC.

Charles is a Colorado-based technology entrepreneur and mathematician. He attended University of Colorado, Boulder to study analytic number theory in graduate school before moving into cryptography and social network theory.

His professional experience includes work with NoSQL and Bigdata using MongoDB and Hadoop for several data mining projects involving crowdsource research and also development of web spiders. He is the author of several white papers on the design and deployment of low bandwidth prolog based semantical web scraping bots as well as analysis of metamorphic computer viruses through a case study on Zmist.

DEFI – From Inception To 2021 And Beyond (History Of Decentralized Finance Explained)

So what’s the story behind Decentralized Finance? How has all of this started? What happened in DeFi in 2020? And where are we going in the future? You’ll find answers to these questions in this video.

Although there is no one agreed-upon date when decentralized finance was born, there were a few important events that made DeFi possible.

The first of them was the creation of Bitcoin in 2009 by Satoshi Nakamoto.

Despite whether Bitcoin should be classified as DeFi or not, its inception was the key enabler for the whole cryptocurrency industry which decentralized finance is part of.

Although sending Bitcoin around the world is cool – finance doesn’t stop there. Every robust financial system needs a set of other important services such as lending, borrowing, trading, funding or derivatives.

Ethereum, with its Turing-complete programming language Solidity and the ERC20 standard for creating new tokens, quickly became a go-to smart contract platform to build on.

Snowden: Bitcoin needs better privacy

Recently Snowden was awarded the Thomas Szasz Award from the Center for Independent Thought, which was presented to him by my boss John Stossel. During the call I was able to ask Snowden about Bitcoin and the need for anonymous digital payments.

Bitcoin played an important role in the 2013 Snowden leaks: the servers that Snowden used to transfer information to journalists were paid for using bitcoin, because he didn’t want those records connected to his name.

Snowden explained to me that Bitcoin is superior to credit cards, because it’s at least pseudonymous. But steps need to be taken to add privacy.

He once tweeted: “Bitcoin is great, but “if it’s not private, it’s not safe,”” and he said that Zcash’s privacy tech makes it the most interesting Bitcoin alternative.