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One of the founder of venture capital firm Andreessen Horowitz.

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Ben Horowitz: Trust and Programmable Money

💰Get on the Waiting List ★ http://yen.io From a much larger talk with Ben: https://techcrunch.com/video/even-harder-things-with-ben-horowitz-andreessen-horowitz-disrupt-sf-2018/ // GET THE APPS 💰 Social Exchange - http://yen.io 🚀 Market Cap - http://coinpuffs.com 💥 Stay Woke - http://cryptoyum.com 📚 Free Email Course - http://10daysofbitcoin.com // GET STARTED 🚀 Become a Cryptonaut - Support us on http://patreon.com/pub 💻 Join us at the PUB! - http://thebitcoin.pub 💰Get a Coinbase Wallet! - http://dctv.co/dctv-coinbase - Sign up! // WE DO SOCIAL 🔑 Decentralized Newsletter - https://dctv.co/dctv-news 📔 Twitter - https://dctv.co/dctv-twitter 💻 Google+ - https://dctv.co/dctv-googleplus ✏️ LinkedIn - https://dctv.co/dctv-linkedin 💻 Medium - https://dctv.co/dctv-medium Music by Charles Giovanniello, a Bitcoin Pub community member! Note: This is not financial advice as all investing is speculative. Have fun and good luck!
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Ben Horowitz Says Crypto Developer Activity is Highest Since Internet’s Rising Experience

Ben Horowitz Says Cryptos Experience the Highest Developer Activity Since Internet Cryptocurrencies are experiencing the highest developer activity since the internet says Ben Horowitz. The legendary investor is the co-founder of Andreessen Horowitz and has always been giving insights about the cryptocurrency market. During a conversation at TCDisrupt, Mr. Horowitz said that both blockchain technology and cryptocurrencies should be considered as a new computing platforms. He mentioned that every 20 years there are new developments that end up becoming new and revolutionary platforms. Ben Horowitz explains the rise of crypto #TCDisrupt pic.twitter.com/fTGndiKhcw — TechCrunch (@TechCrunch) September 10, 2018 Horowitz explained that cryptocurrencies work in a similar way than older platforms. It’s slow, it’s complex but it has one feature that it has never existed before: trust. For him, this is a very important thing because it is powerful, users do not have to trust third parties to participate in the network. Moreover he said that developers have a completely new world, since they can build new applications such as money. It is possible to program law, money, digital property. It is not necessary to trust a platform, another third party or a judge or lawyer. Then he talked about initial coin offerings (ICOs). He compared them with the dot-com bubble. About it he mentioned: “Somebody at the office said the other day: ‘Not all ICOs are bad but all bad companies have an ICO. I think that’s right.” Horowitz said that companies back in the 90s were adding ‘dotcom’ to their names, something that helped them skyrocket in the market. However, after it, they experienced a sell off and did not contribute to the overall genuine growth of the space. The same is happening nowadays with some companies in the cryptocurrency market. They are changing their names adding the word ‘blockchain’ to receive an influx of new investors. Nonetheless, in a very short period of time, they fall to previous price levels. Back in July, Aragon co-founder Luis Cuende, said that there is a new wave of developers that are entering into the space. About it he mentioned: “I don’t know any good Ethereum developer that isn’t a millionaire, and it’s only a matter of time before it will become a gold rush among developers to learn the technology.” The number of developers using Ethereum has increased exponentially in the las months. Additionally, several universities and colleges are working with its platform. At the moment, the cryptocurrency market is expanding. Companies are testing different solutions and new merchants are starting to accept virtual currencies as a means of payment. Both Bitcoin and Ethereum are going to see huge updates in the middle-term including the Lightning Network (LN), and Sharding and Plasma n Ethereum. This increased activity in the number of developers working in the space means that cryptocurrencies are useful and that we need to wait until they will become mainstream.
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Ben Horowitz of Andreessen Horowitz: Bitcoin as Store of Value is the Leader

Ben Horowitz represented Andreessen Horowitz, a top VC fund in TechCrunch Disrupt conference in San Francisco. He spoke about crypto fund of his company and their disruptive position. When asked about the venture in the crypto space, Horowitz responded that there was more developer activity in the cryptocurrency space and that it has been more than anything that “we’ve seen since the internet”. He called it a new computing platform, painting parallels between the evolution of computing from mainframes to PCs to smartphones. In his words: “The thing that’s deceptive about it is when the new platform at the time is generally worse, in most ways, than the old platform, but has some new capabilities. With crypto, it’s very similar in that it’s worse in most ways than the old computing platform. And that it’s slow. It’s really complex. It’s lacking a lot of features. But it has one feature that has never existed before. And that’s trust.” Horowitz embellished on the trust that can be displayed upon the true application of blockchain, asserting that it is “super powerful”. Furthermore, he repeated the fact that the trust came from “mathematical and game theoretic properties of the platform”. He called cryptocurrencies a “really transformational idea”, thus leading to a lot of ideas and projects being formed currently. When asked about whether he was interested in the identity and authentication based applications of blockchain or the currency aspect, Horowitz added: “I think that so there ’s kind of store value and that Bitcoin is obviously the great kind of leader in the store of value. And I think that that’s a relatively, it’s very valuable, but it’s probably less interesting from a technology standpoint that kind of the other side, which are, you know, kind of crypto networks, and things like Ethereum which is the world’s computer and so forth.” Horowitz also articulated explicitly about Bitcoin [BTC], affirming that there was no other use for it than “storing your money”. He went on to say: “There’s not that much you’re going to do with Bitcoin, but it’s not really a platform that developers turn to.”
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Bitcoin [BTC] is the “leader in store of value”, says Ben Horowitz

Ben Horowitz from Andreessen Horowitz, a top VC fund, recently appeared at TechCrunch Disrupt conference in San Francisco to speak about the cryptocurrency fund at his company. He also spoke about cryptocurrencies and their disruptive position, programmable money and trust. When asked about whether there was “real stuff out there” in the cryptocurrency space, Horowitz responded that there was more developer activity in the cryptocurrency space, and that it has been more than anything that “we’ve seen since the internet”. He called it a new computing platform, drawing parallels between the movement of computing from mainframes to PCs to smartphones. He stated: “The thing that’s deceptive about it is when the new platform at the time is generally worse, in most ways, than the old platform, but has some new capabilities. With crypto, it’s very similar in that it’s worse in most ways than the old computing platform. And that it’s slow. It’s really complex. It’s lacking a lot of features. But it has one feature that has never existed before. And that’s trust.” Horowitz elaborated on the trust that can be exhibited upon the correct application of blockchain, stating that it is “super powerful”. Moreover, he reiterated the fact that the trust came from “mathematical and game theoretic properties of the platform”. He went on to say: “That means that you don’t have to trust the government, or Twitter and Facebook, or the other people, even on the network. You just have to trust math. And that opens a very interesting world for developers because you can build new applications like money. Which nobody’s ever been able to program money before, but now you can.” He called cryptocurrencies a “really transformational idea”, thus leading to a lot of ideas and projects being formed currently. When asked about whether he was interested in the identity and authentication based applications of blockchain or the currency aspect, Horowitz stated: “I think that so there there’s kind of store value and that Bitcoin is obviously the the great kind of leader in store of value. And I think that that’s a relatively, it’s very valuable, but it’s probably less interesting from a technology standpoint than kind of the other side, which are, you know, kind of crypto networks, and things like Ethereum which is the world’s computer and so forth.” Horowitz also spoke specifically about Bitcoin [BTC], stating that there was no other use for it than “storing your money”. He went on to say: “There’s not that much you’re going to do with Bitcoin, but it’s not really a platform that developers turn to.” Horowitz argued that there was no trust and security enforced on the blockchain without miners, thus making a blockchain without cryptocurrency not viable. As the incentives for miners to secure the network is block rewards, there exists no incentive if cryptocurrencies do not exist on that blockchain. On the market, he stated: “It’s going to bubble up and down and people are going to be into it and not into it and so forth. But that’s how the internet went. That’s how these things go. You know, people get very excited when they get, you know, super scared.” The post Bitcoin [BTC] is the “leader in store of value”, says Ben Horowitz appeared first on AMBCrypto.
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Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust

Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust Digital currency investment group Grayscale confirmed it had successfully launched its latest fund, dedicated to Stellar’s Lumens (XLM) token, in a tweet Jan. 17. Grayscale, which now operates nine cryptocurrency funds, timed the move to coincide with a change of image for its products, renaming all its […] Cet article Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust est apparu en premier sur Bitcoin Central.
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Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project

CoinSpeaker Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project Until now, everybody has been talking about Bitcoin, the most popular and widely used digital currency. However, Bitcoin is unable to process thousands of transactions a second. Researchers from the Massachusetts Institute of Technology (MIT), UC-Berkeley, Stanford University, Carnegie Mellon University, University of Southern California, and the University of Washington have decided to fix such a weakness and develop a crypto asset better than Bitcoin. The researchers are working together as Distributed Technology Research (DTR), a non-profit organization based in Switzerland and backed by hedge fund Pantera Capital. The first initiative of Distributed Technology Research is the Unit-e, a virtual coin that is expected to solve bitcoin’s scalability issues while holding true to a decentralized model and process transactions faster than even Visa or Mastercard. Babak Dastmaltschi, Chairman of the DTR Foundation Council, said: “The blockchain and digital currency markets are at an interesting crossroads, reminiscent of the inflection points reached when industries such as telecom and the internet were coming of age. These are transformative times. We are nearing the point where every person in the world is connected together. Advancements in distributed technologies will enable open networks, avoiding the need for centralized authorities. DTR was formed with the goal of enabling and supporting this revolution, and it is in this vein that we unveil Unit-e.” According to the press release, Unit-e will be able to process 10,000 transactions per second. That’s worlds away from the current average of between 3.3 and 7 transactions per second for Bitcoin and 10 to 30 transactions for Ethereum. Joey Krug, a member of the DTR Foundation Council and Co-Chief Investment Officer at Pantera Capital, believes that a lack of scalability is holding back cryptocurrency mass adoption. He said: “We are on the cusp of something where if this doesn’t scale relatively soon, it may be relegated to ideas that were nice but didn’t work in practice: more like 3D printing than the internet.” The project’s ideology is firmly rooted in transparency, with a belief in open-source, decentralized software developed in the public interest with inclusive decision-making. The core team of the project is based in Berlin. To solve the scalability problem, DTR has decided to develop the Unit-e with parameters very close to Bitcoin’s design, but many things will be improved. Gulia Fanti, DTR lead researcher and Assistant Professor of Electrical and Computer Engineering at Carnegie Mellon University, commented: “In the 10 years since Bitcoin first emerged, blockchains have developed from a novel idea to a field of academic research. Our approach is to first understand fundamental limits on blockchain performance, then to develop solutions that operate as close to these limits as possible, with results that are provable within a rigorous theoretical framework.” The launch of the Unit-e is planned for the second half of 2019. Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project
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BitPay CEO Says Bitcoin Is Solving Real Problems Around the World

BitPay co-founder and CEO, Stephen Pair, has recently commented that Bitcoin (BTC) is solving several issues around the world. He said that in a press release uploaded a […] The post BitPay CEO Says Bitcoin Is Solving Real Problems Around the World appeared first on UseTheBitcoin.
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Trillion Dollar Market Cap, Ethereum Chain Splits & Stellar Lumens Fund - Crypto News

In this video, Mattie gives you the latest bitcoin and crypto news. He talks about the ethereum chain splitting, BitGo CEO Says Institutional Money in Crypto Can ‘Easily’ Reach Trillions of Dollars, and a new Stellar Lumens fund. This is a daily segment! ----------------------------------------------------------------------------------- CHECK OUT OUR PODCAST: https://bit.ly/2sZCAiF New episode every Monday and Friday! ----------------------------------------------------------------------------------- Check out Altcoin Buzz Ladies! https://www.youtube.com/channel/UCxulvI2C9wUvvDDNS7S35fA/videos ---------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: https://bit.ly/2GDAoCp Facebook: https://bit.ly/2wYksLB Telegram: https://bit.ly/2IAqDuI ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: https://bit.ly/2rWQnHa CoolWallet S: https://bit.ly/2Liy5bv Trezor: https://bit.ly/2IXrZic Ledger Nano S: https://bit.ly/2IyE3al KeepKey: https://bit.ly/2x5TlhM Read about them here: https://bit.ly/2rTdthZ --------------------------------------------------------------------------------- References: Leading Crypto Asset Manager Grayscale Launches Stellar Lumens Trust https://www.altcoinbuzz.io/crypto-news/finance-and-funding/leading-crypto-asset-manager-grayscale-launches-stellar-lumens-trust/?fbclid=IwAR2AlAU_C_8Mm9CUm2hDci0pmdW3pvLzphS-BSy888SzDptaXMeifxZgJ1I Crypto Investment Firm Grayscale Launches Fund Dedicated to Stellar Lumens (XLM) https://www.cryptoglobe.com/latest/2019/01/crypto-investment-firm-grayscale-launches-fund-dedicated-to-stellar-lumens-xlm/ Grayscale Tweet https://twitter.com/GrayscaleInvest/status/1085904356635959297?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1085904356635959297&ref_url=https%3A%2F%2Fwww.altcoinbuzz.io%2Fcrypto-news%2Ffinance-and-funding%2Fleading-crypto-asset-manager-grayscale-launches-stellar-lumens-trust%2F Grayscale https://grayscale.co/stellar-lumens-trust/ BitGo CEO Says Institutional Money in Crypto Can ‘Easily’ Reach Trillions of Dollars As Company Launches Cold Storage Trading https://dailyhodl.com/2019/01/17/bitgo-ceo-says-institutional-money-in-crypto-can-easily-reach-trillions-of-dollars-as-company-launches-cold-storage-trading/ Crypto’s Billion-Dollar Theft Problem Prompts Safer Way to Trade https://www.bloomberg.com/news/articles/2019-01-16/crypto-s-billion-dollar-theft-problem-prompts-safer-way-to-trade Ethereum Chain Splits, An Estimated 10% of Miners Stay on Constantinople https://www.trustnodes.com/2019/01/17/ethereum-chain-splits-an-estimated-10-of-miners-stay-on-constantinople Ethereum Upgrade – Constantinople Hard Fork Delayed https://www.altcoinbuzz.io/crypto-news/product-release/ethereum-upgrade-constantinople-hard-fork-delayed/ VanEck to Nasdaq: Bitcoin Market Structure Expected to Improve in 2019 https://www.newsbtc.com/2019/01/17/vaneck-to-nasdaq-bitcoin-market-structure-expected-to-improve-in-2019/ Nasdaq Tweet https://twitter.com/Nasdaq/status/1085522054559031296?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1085522054559031296&ref_url=https%3A%2F%2Fwww.newsbtc.com%2F2019%2F01%2F17%2Fvaneck-to-nasdaq-bitcoin-market-structure-expected-to-improve-in-2019%2F -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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