What’s so special about “Blockchain”?

Video Transcript:

does your project use blockchain technology as this magical VC stimulating keyword well the blockchain technology is only best served based on its use cases and that is that for example Bitcoin regulates energy space and time with its blockchain the issuance of money is important so we derive an energy cost to that so you can’t produce a block without consuming energy and when you have money it needs to be traded and transferred all of that information is stored in the blocks and the regulation of how quickly those blocks are arbitrated based on the energy component and regulated Through Time called the difficulty adjustment these different components use blockchain for different things but it all converges into a single circular economy of a monetary system Bitcoin which is distributed fair and demographically sound versus the issuance from a central Authority money is data energy and information all in one what