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Ali Yahya: Crypto Business Models

Andreessen Horowitz crypto partner Ali Yahya discusses “Crypto Business Models.” Yahya explains that the consensus mechanisms of blockchains create trust among independent participants in decentralized networks. At first glance, this may seem at odds with the idea of capturing value, since none of the factors that allow companies to build moats in traditional industries —…

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Andreessen Horowitz crypto partner Ali Yahya discusses “Crypto Business Models.” Yahya explains that the consensus mechanisms of blockchains create trust among independent participants in decentralized networks. At first glance, this may seem at odds with the idea of capturing value, since none of the factors that allow companies to build moats in traditional industries — trade secrets, intellectual property, or control of a scarce resource — apply in crypto. This leads to the “value-capture paradox” — how can easy-to-replicate, open-source code be defensible in a competitive landscape? The answer is that network effects are just as powerful, if not more so, in crypto than in traditional industries. This is due to the economic flywheel enabled by tokens, which incentivize participants and coordinate all economic activities in crypto networks. Combined with the ability of developers to build on each others’ networks using autonomously executing smart contracts, this should result in winner-take-all dynamics, contrary to what might seem intuitive in open source, Yahya says.

Andreessen Horowitz’s Crypto Startup School brought together 45 participants from around the U.S. and overseas in a seven-week course to learn how to build crypto companies. Andreessen Horowitz is partnering with TechCrunch to release the online version of the course over the next few weeks.

Find more Crypto Startup School videos plus additional reading and info:

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148 Comments

148 Comments

  1. MrLUKE MICHEL

    May 27, 2020 at 7:17 pm

    Love the info

  2. Mohammad Nauman

    May 28, 2020 at 7:24 am

    Thank you Ali for the amazing presentation.

  3. Rahul Mathur

    May 29, 2020 at 4:54 pm

    This was great! Thank you for sharing this!

  4. Dekhani Nsaliwa

    May 31, 2020 at 11:35 am

    Great information Ali

  5. Ty coon

    June 1, 2020 at 4:34 pm

    really smart guy, better question answerer than lecturer

  6. Bobby Richardson

    June 16, 2020 at 11:38 pm

    I think Yahya has explained blockchain much clearer than many other people.

  7. Burghtown Music Group

    June 23, 2020 at 2:53 pm

    Most simple explanation 💯
    Crypto Eri sent me

    • Galib Karim

      August 29, 2020 at 10:53 pm

      Congratulations Ali, great presentation.

  8. SonyJimable

    July 16, 2020 at 10:21 am

    Weak

    • Moon Lambo

      January 16, 2021 at 7:13 pm

      Bitcoin investment is profitable

    • Michael Raymond

      January 16, 2021 at 7:13 pm

      Bitcoin investment is profitable

    • BITCOIN

      January 16, 2021 at 7:13 pm

      Bitcoin investment is profitable

    • Bitcoin Tips

      January 16, 2021 at 7:13 pm

      Bitcoin investment is profitable

  9. mike wazowski

    September 7, 2020 at 10:35 am

    Amazing presentation Ali, one of the best I’ve seen <3

  10. Carlos

    October 22, 2020 at 6:48 pm

    42:47 Nobody build this ad network. Instead build a music library where listeners pay per song play. The proceeds go directly to the artists (singer, drummer, keyboardist, producer, etc).

  11. Tyrone Barajas

    November 5, 2020 at 11:00 pm

    The bitcoin market needed a correction to gather the right momentum to give the bulls more steam and this just makes it the perfect time to invest and accumulate as much as possible. However i see every market as an advantage to make more profits as this is a very good buy zone and also to trade with a working strategy and daily signals, this i have been doing with Mr James Carlson daily signals which has been so accurate and well profitable, Last month i was able to grow and accumulate a total of 6.8btc with my initial 1.2btc which you would agree is a very good profits. I see no reason to panic when you can build your portfolio daily with James trading signals and guidance, James can be reached on Whatspp: +447476717980 or Telgram @ JamesC51 for inquiries into profitable trading systems

  12. Fredrick Moore

    November 19, 2020 at 6:34 pm

    Thanks so much to crowd 1 investment I’m getting my self a new car and house. Plus I’d be proposing to my wife in her dream beach house. I just wanted share my happiness and testimony.
    Get on and make your investments . Happy to get new referrals but referrals are not needed for you to make money. That’s what I love most.

    Check it out

  13. Evans Roda

    December 14, 2020 at 7:08 am

    It’s Christmas 🎄🎉🎂🎊🎈
    It’s almost about that time of the year where Bitcoin gets to Sky Rocket, so many people are ignorant, they are staying on the sideline, waiting for a move up, and the right time to get in. I suspect that the rise will happen in a very short period of time, leaving those waiters behind and their reaction will push the price even higher so that they will end up underwater when BTC is consolidating, I know the price will speed up more, then bleed off and have an extended winter and actually go lower than current lows… Then as it goes higher, All we need to do is invest what we are Holding and make more profit, So we don’t feel the loss in fall of price when it happens again, I discovered a comment of someone giving Accolades to Expert Mrs Linda and also thanking her for helping him increase his Portfolio from having 3.4BTC to 16BTC. After I contacted her, Behold I have made 15 BTC in less than two months with her working strategies and signals, if you have lost so much during the fall or want to increase your portfolio like me, Reach her on chat: (+86{17667621126 } and thank me later!

  14. ouss1920

    December 24, 2020 at 3:40 am

    Hey mate! nice piece as always. Its an obvious fact that holders and traders alike have all benefitted from the bullish run for couple of days. Here is another opportunity to buy crypto assets at a low price and hold for a bullish move. Lots of new crypto users see trading as a nearly impossible task, and here i am after trading for a couple of months and yet am not a pro at it but i have mastered alot, I have been trading with the use of signals and copy trading which is effective even for newbies to trading, although i use lots of signal services, Sebastian’s stands out in efficiency and accuracy. I learnt most crypto register from him, and he has been consistent in delivering profitable signals and strategies. i put much faith in his services and i would recommend them confidently, here you can reach out to him on crypto related challenges on wahtsap ( +447782861037 ) and also telygram (sebastianbryan). Why dont we come together and learn the act of trading rather than hope for bullish moves on regular basis.

    • ZwoUOne

      December 24, 2020 at 3:41 am

      am a regular user of signals, my penny for thought is for you to always request to test the signals on demo before using them on your live account.

    • tazzy1911

      December 24, 2020 at 3:41 am

      I recently had my son enrolled into his trading academy, that guy is really good at what he does, i practically use his signals only because those are the one i can vouch for its authenticity

    • tombunt1029

      December 24, 2020 at 3:41 am

      If only i had used copy trading back then, i wont have lost over 10k in binance. am still scared of ever trading again.

  15. Ted Mason

    March 10, 2021 at 8:25 pm

    B!tcoin SV formed a bullish pattern on the charts and appeared likely to see a bullish breakout. Basic Attention Token flipped the $0.5-level from resistance to support. Finally, Maker hinted at a northbound move towards $2,400. B!tcoin SV was observed to have dropped by 25% from $249 to $185, at the time of writing. Over the past couple of days, BSV retested the $185-level as support twice, while forming a higher low in the process as well – an ascending triangle pattern. This is a pattern that generally sees a bullish breakout. Before such a breakout, trading volume is expected to be minimal, with the past few hours indeed recording low trading volume. However I see every market as an advantage to make more prof!ts, all you need as an !nvestor is a working strätegy and accurate trade sgnals from an expert trader to be successful in your trades, this I have been doing with Mr. Alex Mitchell signals and my earnings has increased so good. His tradė signal is highly accurate and helps you win in your trades, He can be reached on (WhatsApp +17027184466*) or Tėlėgråm (@mitchellAlex) for more inquiries into his services, and always remember to have good risk management and stop loss in place so you can exit trades when prices are not favorable..

    • Michael Greenstreet

      March 10, 2021 at 10:52 pm

      I’m so happy the inventing in crypto added a meaning to my life i’m forever grateful..

  16. Elon Musk Zone

    March 28, 2021 at 3:27 pm

    Hello ! I am deaf and I often have trouble understanding YouTubers because they speak too fast and the subtitles are not always understandable with Google’s algorithm. Despite everything, I often ask others to activate the subtitles and for me to guess the rest. If I am telling you ther, it is because you are totally the opposite. It’s very rare that I don’t feel the need to read the subtitle. Since ther is not a voiceover, I’ve got a lot of crypto in my possession,but a dip has never been my problem, dips as just merely provide avenue to acquire more trad!ng equity, trad!ng definitely ticks the dot. Trad!ng through I serious business that should only be done under the right strategy and gu!de, I’ve readily employed using s!gnals from trade analyst Expert Dr. Annika Savill while carrying out personal sessions with amazing returns, ther way I accumulate crypto trad!ng and buy from dips like ther. You can easily get to Annika on Gma!l📧 ( annikasavill09 (a)gmiål,çóm) or Te!iGram 📩 ( (a) profannika ) for FOREX, STOCK and CRYPTO CURRENCY for related issues.

    • PRIMO

      March 28, 2021 at 3:47 pm

      I will advise you go ahead and contact Mrs Annika Savill

    • Thomas Wardale

      March 28, 2021 at 3:47 pm

      Ther shows how much you want all traders to be successful and I am really touched with these about Mrs Annika Savill bitcoin daily signals, Thank you for the awareness here on YouTube

    • Esther JOHN

      March 28, 2021 at 3:48 pm

      Crypto has really changed my life and one of the best investment choice I have ever made in my life.

    • Princess Natural

      March 28, 2021 at 3:48 pm

      When i met her last year, I assumed she will be one of those bad signal services but i now know otherwise. I have used a lot but her, are the most accurate

    • Mamud Dublin

      March 28, 2021 at 3:48 pm

      The anticipation keeps building and btc is definitely going to reach new heights. Trading and accumulating all the way

  17. Alex Bielsa

    March 28, 2021 at 3:27 pm

    Hello ! I am deaf and I often have trouble understanding YouTubers because they speak too fast and the subtitles are not always understandable with Google’s algorithm. Despite everything, I often ask others to activate the subtitles and for me to guess the rest. If I am telling you ther, it is because you are totally the opposite. It’s very rare that I don’t feel the need to read the subtitle. Since ther is not a voiceover, I’ve got a lot of crypto in my possession,but a dip has never been my problem, dips as just merely provide avenue to acquire more trad!ng equity, trad!ng definitely ticks the dot. Trad!ng through I serious business that should only be done under the right strategy and gu!de, I’ve readily employed using s!gnals from trade analyst Expert Dr. Annika Savill while carrying out personal sessions with amazing returns, ther way I accumulate crypto trad!ng and buy from dips like ther. You can easily get to Annika on Gma!l📧 ( annikasavill09 (a)gmiål,çóm) or Te!iGram 📩 ( (a) profannika ) for FOREX, STOCK and CRYPTO CURRENCY for related issues.

    • Luca

      September 9, 2021 at 10:06 pm

      Lol wtf kinda bot network is this

  18. Andres Valencia

    April 5, 2021 at 5:11 am

    The best presentation, very clarifying.

  19. J M

    May 24, 2021 at 5:42 pm

    Exceptional

  20. Nathan Williams

    June 20, 2021 at 8:43 pm

    I had to stop this video after 15 minutes to say; you are probably the best person in the world to explain exactly what digital assets represent and are capable of.
    I have not yet come across another person on YouTube who is able to explain the theory so simply and concisely.
    I have watched the very first TED talks about blockchain and tried to understand it but never truly did.
    Now I understand completely how it works thanks to your representation.
    Thank you so much.

  21. Nathan Williams

    June 20, 2021 at 8:50 pm

    at 18 minutes in the video, I think you’re telling people Ethereum will be undermined by BSC?!!

  22. vaibhav tomar

    June 26, 2021 at 4:07 am

    noice

  23. Bish Smeir

    July 2, 2021 at 10:57 pm

    I’ve been trying to get in touch with you on Linkedin and every other way! So good.

  24. Rajeshwari G

    July 9, 2021 at 8:14 pm

    phenomenal session! wow

  25. Yolanda Gabriela

    July 20, 2021 at 10:42 pm

    🦠🦠I invested in Tesla back in 2013, I was very much a bear. My reasoning was simple: Tesla was trying to do what no American automaker had done so far: Develop and sell a mass-market electric vehicle. It was trying to do what no American company had done in nearly a century: Start up a successful new auto manufacturing business. To take it a step further, I bought 40 shares from Tesla miners, investing about $2,800 in total with part of the proceeds from a 401(k) rollover. At the $908 per share price I sold at, that’s a realized profit of almost $35,000! It’s may not be life-changing money, but it’s an incredible return nonetheless ,Now i am working with 3 asset Gold silver and crypto all are good , but Crypto Investment is the mother of them all , 🦠Crypto has followed this pattern for sometime now; It dips and gets everyone scared then after retesting an old resistance several times, we wake up one day to see it is bullish. This period is the perfect time to buy the dip and accumulate irrespective of the bulls being under pressure. Bitcoin moving up is inevitable and would see the price of bitcoin surpass it’s all-time highs. The reversal was imminent because obviously, the bitcoin market needed a correction to gather the right momentum to give the bulls more steam and this just makes it the perfect time to invest and accumulate as much as possible. I’d strongly advise any newbie/traders to buy the dip for traders who are still wondering whether to enter the market or old time traders who are Holders to seek help from not just any trader but an established trading expert with at least 89% trade accuracy. I underwent a series of trading losses I’d best not talk about before I was introduced to trading analyst Mr Tommy Harrison. My contact with him has been the Hallmark of this year for me, under his careful guide and his signal service I’ve been able to recover my losses and even grow my trading portfolio massively from 1.2 btc to 4.6 btc in just 5 weeks. I will advise traders esp newbies to have an orientation of trading before they get involved in it. Mr Tommy makes you learn daily while you make profit with his signals. He can be contacted ᴠɪᴀ whatsapp [+447883155256 ]ᴏʀ ᴛᴇʟᴇɢʀᴀᴍ [@TommyHarrison1] for inquiries into profitable trading strategy….

    • Garret Jaclyn

      July 21, 2021 at 12:45 am

      I hodl too and I also trade a small portion of my coins with Edgar strategy. It fetches me $ 10k weekly

    • Nikolas Ashtyn

      July 21, 2021 at 12:57 am

      I really need your help right now, i have 13btc, i think i will write to Tommy .

    • mchakir11

      July 21, 2021 at 1:03 am

      He is a top notch and Professional in the cryptocurrency, After a long search for a professional trader with consistency and good profit..

    • MissUndercove92

      July 21, 2021 at 1:09 am

      Investing in cryptocurrency is one of the best chance of making money.

    • abigale morse

      July 21, 2021 at 1:17 am

      I have been seeing so many recommendations about Mr Tommy Harrison on social media trending, his strategy must be good for people to talk about him.

  26. Steve Gonzalaz

    August 29, 2021 at 7:50 pm

    i make huge profits on forex,crypto investment since i started trading with loice martha, her trading strategies are top notch coupled with the little commission she charges on her trade.

    • Jennifer Kent

      August 29, 2021 at 8:00 pm

      how can i reach her

    • Mugsy Ayalla

      September 19, 2021 at 4:17 pm

      Paid comments on relevant videos ?

  27. pinned coinskid•

    August 29, 2021 at 7:50 pm

    i make huge profits on forex,crypto investment since i started trading with loice martha, her trading strategies are top notch coupled with the little commission she charges on her trade.

    • The Financial F_ckwit

      September 19, 2021 at 4:17 pm

      Paid comments on relevant videos ?

    • DeFiD.System

      September 19, 2021 at 4:17 pm

      Paid comments on relevant videos ?

  28. TDC Online

    September 23, 2021 at 12:19 am

    This was so damn informative. Appreciate it 😤⚔️😤⚔️

  29. Seth Martin

    October 1, 2021 at 4:37 pm

    That was friggin awesome. Great presentation.

  30. vubot1

    October 14, 2021 at 5:41 am

    One of the best videos I’ve ever watched about crypto. . . and I’ve seen hundreds.

  31. { kilowatt: the_godbody }

    October 17, 2021 at 4:45 am

    Great Presentation. Excellent Q&A. Much to ponder …

  32. whatsapp ⬆️+①⑦⑧①③②⑦②⓪③⓪

    November 27, 2021 at 1:27 am

    Thank you so much i must say you are the best channel that explains well about cryptocurrencies since am watching your channel it makes me wiser and it makes me to know the the best company that am Investing in my coins thanks I love your channel continue helping people with your knowledge you can also join me with the best investment company if you do mind too

  33. lulaguillaryfqq37@gmail . com

    November 27, 2021 at 1:27 am

    Thank you so much i must say you are the best channel that explains well about cryptocurrencies since am watching your channel it makes me wiser and it makes me to know the the best company that am Investing in my coins thanks I love your channel continue helping people with your knowledge you can also join me with the best investment company if you do mind too for you to save and trade your coins there

  34. Jones

    November 27, 2021 at 1:27 am

    Thank you so much i must say you are the best channel that explains well about cryptocurrencies since am watching your channel it makes me wiser and it makes me to know the the best company that am Investing in my coins thanks I love your channel continue helping people with your knowledge you can also join me with the best investment company if you do mind too for you to save and trade your coins there

  35. Alvaro Go

    November 29, 2021 at 7:53 pm

    As a business owners & startup founder this is the bet video i have ever seen about crypto! High view inside with an extreme logical thinking. Thanks!

  36. Anthony Mura

    December 4, 2021 at 7:30 am

    Ok so what other applications can be built on a blockchain? It seems like majority of the applications is just financial such as borrowing, lending and trading.

  37. Eric Wichman-Ngau

    December 17, 2021 at 4:21 pm

    Thanks for sharing you explained blockchain and PowerPoint slides very easy to listen🎶

  38. StarfishPhoto

    December 19, 2021 at 4:56 am

    LOVE LOVE how you explain what the web 3.0 business models looks like!

  39. Kai

    December 19, 2021 at 4:56 am

    LOVE LOVE how you explain what the web 3.0 business models looks like!

  40. @StarfishPhoto

    December 18, 2021 at 11:56 pm

    LOVE LOVE how you explain what the web 3.0 business models looks like!

  41. Ostarine Music

    December 28, 2021 at 1:14 am

    Dude you explained the network effects model and flywheel so damn good. That was great

  42. Crims Eth

    December 28, 2021 at 1:14 am

    Dude you explained the network effects model and flywheel so damn good. That was great

  43. Crims

    December 28, 2021 at 1:14 am

    Dude you explained the network effects model and flywheel so damn good. That was great

  44. Ostarine

    December 28, 2021 at 1:14 am

    Dude you explained the network effects model and flywheel so damn good. That was great

    • Samuel Omega

      December 6, 2022 at 8:39 pm

      Like, damn good!

  45. n1_Crims

    December 28, 2021 at 1:14 am

    Dude you explained the network effects model and flywheel so damn good. That was great

    • sammy

      December 6, 2022 at 3:39 pm

      Like, damn good!

  46. @n1_Crims

    December 27, 2021 at 8:14 pm

    Dude you explained the network effects model and flywheel so damn good. That was great

    • @sammiemorriz

      December 6, 2022 at 3:39 pm

      Like, damn good!

    • @sammiezzy

      December 6, 2022 at 3:39 pm

      Like, damn good!

  47. Mark Hmill

    January 4, 2022 at 7:38 pm

    Starting with trading as one the best way getting ahead to build wealth, investing remains a priority, the Crypto market has plenty of opportunities to a decent payout with the right skill and proper understanding of how the market works. Engage in trading market and make massive profits daily, hit me up on whatsApp +❹❹7❽97⓿❸7❶⓿❽ @Markhamill6 on Telgrm

    • Colton, Emerson

      January 4, 2022 at 9:33 pm

      I recommend mark, he is the best signal provider I have come across ever trust me.

    • lurin mayer

      January 5, 2022 at 1:33 pm

      Love from NYC

  48. Täglich Bitcoin & Crypto whatsapp+❹❹⑦❽➒⑦⓿❸⑦❶⓿❽

    January 4, 2022 at 7:38 pm

    Starting with trading as one the best way getting ahead to build wealth, investing remains a priority, the Crypto market has plenty of opportunities to a decent payout with the right skill and proper understanding of how the market works. Engage in trading market and make massive profits daily, hit me up on whatsApp +❹❹7❽97⓿❸7❶⓿❽ @Markhamill6 on Telgrm

  49. @user-uc3dd6fc4t

    January 4, 2022 at 2:38 pm

    Starting with trading as one the best way getting ahead to build wealth, investing remains a priority, the Crypto market has plenty of opportunities to a decent payout with the right skill and proper understanding of how the market works. Engage in trading market and make massive profits daily, hit me up on whatsApp +❹❹7❽97⓿❸7❶⓿❽ @Markhamill6 on Telgrm

    • @lurinmayer3063

      January 5, 2022 at 8:33 am

      Love from NYC

  50. Cristian Monzón

    January 6, 2022 at 8:13 pm

    Brutal explanation!

  51. @CristianMonzonn

    January 6, 2022 at 3:13 pm

    Brutal explanation!

  52. Lukas Chmiel

    January 15, 2022 at 6:45 pm

    Pandora Box 9:10

  53. @lukaschmiel8250

    January 15, 2022 at 1:45 pm

    Pandora Box 9:10

  54. Chirag Patel

    January 16, 2022 at 1:05 am

    this guy is very intelligent and good at explain things

  55. @chiragpatel849

    January 15, 2022 at 8:05 pm

    this guy is very intelligent and good at explain things

  56. Ken Kwok

    January 29, 2022 at 6:44 pm

    I like the informations. It’s good for start-up.

  57. TransChannel

    January 29, 2022 at 6:44 pm

    I like the informations. It’s good for start-up.

  58. @TransLifeChannelRight

    January 29, 2022 at 1:44 pm

    I like the informations. It’s good for start-up.

  59. Conrado Caon

    February 10, 2022 at 11:51 am

    incredible, Ali. You have just gotten a new fan here… Thanks! & Congrats for the content and Knowledge. Kind Regards from Brazil…

  60. @conradocaon4578

    February 10, 2022 at 6:51 am

    incredible, Ali. You have just gotten a new fan here… Thanks! & Congrats for the content and Knowledge. Kind Regards from Brazil…

  61. esko _______

    February 14, 2022 at 5:12 am

    18:00 wonder Ali’s thoughts on how CCIP enables cross-chain functionality .. amazing lecture 10/10

  62. @esko_______2522

    February 14, 2022 at 12:12 am

    18:00 wonder Ali’s thoughts on how CCIP enables cross-chain functionality .. amazing lecture 10/10

  63. Conan Xin

    February 27, 2022 at 1:56 am

    Ali Yahya:加密货币商业模式

    Andreessen Horowitz加密货币合伙人Ali Yahya讨论了”加密货币商业模式”(Crypto Business Models)。Yahya解释说,区块链的共识机制在去中心化网络的参与者之间创造了信任。乍一看,这似乎与获取价值的想法不一致,因为在传统行业中公司建立护城河的因素,如商业秘密、知识产权或对稀缺资源的控制,都不适用于加密货币。这导致了”价值获取悖论”–易于复制的开源代码如何能在竞争激烈的环境中得到维护?答案是,网络效应在加密货币中与传统行业一样强大,甚至更强大。这是由于代币所带来的经济飞轮,激励了参与者并协调了加密货币网络中的所有经济活动。Yahya说,再加上开发者使用自主执行的智能合约在彼此的网络上构建的能力,这应该导致赢家通吃的动态,这与开源中可能看起来很直观的情况相反。

  64. Xin Conan

    February 26, 2022 at 8:56 pm

    Ali Yahya:加密货币商业模式

    Andreessen Horowitz加密货币合伙人Ali Yahya讨论了”加密货币商业模式”(Crypto Business Models)。Yahya解释说,区块链的共识机制在去中心化网络的参与者之间创造了信任。乍一看,这似乎与获取价值的想法不一致,因为在传统行业中公司建立护城河的因素,如商业秘密、知识产权或对稀缺资源的控制,都不适用于加密货币。这导致了”价值获取悖论”–易于复制的开源代码如何能在竞争激烈的环境中得到维护?答案是,网络效应在加密货币中与传统行业一样强大,甚至更强大。这是由于代币所带来的经济飞轮,激励了参与者并协调了加密货币网络中的所有经济活动。Yahya说,再加上开发者使用自主执行的智能合约在彼此的网络上构建的能力,这应该导致赢家通吃的动态,这与开源中可能看起来很直观的情况相反。

  65. @ConanXin

    February 26, 2022 at 8:56 pm

    Ali Yahya:加密货币商业模式

    Andreessen Horowitz加密货币合伙人Ali Yahya讨论了”加密货币商业模式”(Crypto Business Models)。Yahya解释说,区块链的共识机制在去中心化网络的参与者之间创造了信任。乍一看,这似乎与获取价值的想法不一致,因为在传统行业中公司建立护城河的因素,如商业秘密、知识产权或对稀缺资源的控制,都不适用于加密货币。这导致了”价值获取悖论”–易于复制的开源代码如何能在竞争激烈的环境中得到维护?答案是,网络效应在加密货币中与传统行业一样强大,甚至更强大。这是由于代币所带来的经济飞轮,激励了参与者并协调了加密货币网络中的所有经济活动。Yahya说,再加上开发者使用自主执行的智能合约在彼此的网络上构建的能力,这应该导致赢家通吃的动态,这与开源中可能看起来很直观的情况相反。

  66. michael mckenna

    March 4, 2022 at 1:53 pm

    Beautifully articulated explanation … ,fantastic well done.

  67. @michaelmckenna6216

    March 4, 2022 at 8:53 am

    Beautifully articulated explanation … ,fantastic well done.

  68. godu1111

    March 22, 2022 at 8:13 am

    It annoys me greatly that there are people this smart

  69. @godu1111

    March 22, 2022 at 4:13 am

    It annoys me greatly that there are people this smart

  70. MegaXerk

    March 23, 2022 at 11:03 pm

    Ali, you are a jeenyuhs. This was the first video in this series that I paused, rewatched and made notes. Really well done!

  71. @MegaXerk

    March 23, 2022 at 7:03 pm

    Ali, you are a jeenyuhs. This was the first video in this series that I paused, rewatched and made notes. Really well done!

  72. Pandy Andreou

    March 29, 2022 at 1:31 pm

    an excellent explanation! thank you Ali

  73. @pandyandreou5789

    March 29, 2022 at 9:31 am

    an excellent explanation! thank you Ali

  74. Pavan Singh

    April 5, 2022 at 11:15 am

    Great explanation Ali!

  75. @pavansingh8804

    April 5, 2022 at 7:15 am

    Great explanation Ali!

  76. ron hunter

    April 7, 2022 at 5:09 am

    Retention is the answer

  77. @ronhunter6680

    April 7, 2022 at 1:09 am

    Retention is the answer

  78. Ariel Varela

    April 26, 2022 at 11:04 pm

    Massive!

  79. @arielvarela7206

    April 26, 2022 at 7:04 pm

    Massive!

  80. Brad Rourke

    April 29, 2022 at 9:47 pm

    Mr. Yahya, very nicely presented.

  81. @8radr

    April 29, 2022 at 5:47 pm

    Mr. Yahya, very nicely presented.

  82. yellow ked

    May 14, 2022 at 11:48 pm

    Great presentation, tyvm

  83. @yellowked

    May 14, 2022 at 7:48 pm

    Great presentation, tyvm

  84. trenholme lodge

    June 14, 2022 at 3:49 pm

    Sounds like the 1600’s tulip bulb smart contracts except a lot more complicated. To make it more understandable why not give a concrete example and not a theoritical model. i.e. here is a specific contract which generated 7 tokens and this person gets 2 of them and this other participant gets 5 of them. All his talk (while grreat illlustrations) seems to be veriy theoritical. Please a practical example with specific items and transactions.

  85. @trenholmelodge1820

    June 14, 2022 at 11:49 am

    Sounds like the 1600’s tulip bulb smart contracts except a lot more complicated. To make it more understandable why not give a concrete example and not a theoritical model. i.e. here is a specific contract which generated 7 tokens and this person gets 2 of them and this other participant gets 5 of them. All his talk (while grreat illlustrations) seems to be veriy theoritical. Please a practical example with specific items and transactions.

  86. LÊ XUÂN TRỌNG

    June 28, 2022 at 6:22 pm

    Tribalpunk Now there’s the box, 40 common boxes have 2000 ANTA equivalent to about $120 you can own 2.3 squads with Legendary generals dividing the squad to cross the map 😀

  87. Golden Snitch

    July 21, 2022 at 8:05 am

    he kinda reminds me of zackary quinto lol amazing explanation btw!!

  88. @goldensnitch1614

    July 21, 2022 at 4:05 am

    he kinda reminds me of zackary quinto lol amazing explanation btw!!

  89. JackPaperHands

    September 19, 2022 at 1:34 am

    mhm. and?

  90. @jackpaperhands

    September 18, 2022 at 9:34 pm

    mhm. and?

  91. the experimental creator

    October 18, 2022 at 7:25 am

    I don’t think he justified, or defined, what, or why, layer 1s have “winner take all dynamics”. There’s a lot of power language in this talk, which I don’t find convincing.

  92. u guys need anythng? nice meal? swim in the ocean?

    October 18, 2022 at 3:25 am

    I don’t think he justified, or defined, what, or why, layer 1s have “winner take all dynamics”. There’s a lot of power language in this talk, which I don’t find convincing.

  93. @mikl2345

    October 18, 2022 at 3:25 am

    I don’t think he justified, or defined, what, or why, layer 1s have “winner take all dynamics”. There’s a lot of power language in this talk, which I don’t find convincing.

  94. the experimental creator

    October 18, 2022 at 7:42 am

    You people are so greedy. You didn’t even bother to mention the fact that Internet protocol didn’t capture any value might have some potentially beneficial aspect. It is as if the entire mindset is that of a predator, nothing else.

  95. u guys need anythng? nice meal? swim in the ocean?

    October 18, 2022 at 3:42 am

    You people are so greedy. You didn’t even bother to mention the fact that Internet protocol didn’t capture any value might have some potentially beneficial aspect. It is as if the entire mindset is that of a predator, nothing else.

  96. @mikl2345

    October 18, 2022 at 3:42 am

    You people are so greedy. You didn’t even bother to mention the fact that Internet protocol didn’t capture any value might have some potentially beneficial aspect. It is as if the entire mindset is that of a predator, nothing else.

  97. JT

    June 28, 2023 at 9:28 pm

    Good video…very easy to understand even if you don’t have coding background.

  98. Bernd Althusmann

    June 30, 2023 at 6:56 pm

    Am glad i grew my portfolio from 17k to 100k last month inside my wallet without sending a dime to anyone through the help of Mr Harrison Scott

    • Bernd Althusmann

      June 30, 2023 at 7:43 pm

      >> tele

    • Bernd Althusmann

      June 30, 2023 at 7:43 pm

      >> gram

    • Btc-15

      June 30, 2023 at 7:44 pm

      It’s nice to see other people saying good things about him. Unlike most brokers, he only gave me tips on how to buy coins for my wallet, which I used to make a huge profit in a short amount of time

    • James Joe

      June 30, 2023 at 7:44 pm

      It’s nice to see other people saying good things about him. Unlike most brokers, he only gave me tips on how to buy coins for my wallet, which I used to make a huge profit in a short amount of time

    • Carl Wilson

      June 30, 2023 at 7:46 pm

      I think this is the best way to trade safely,trading by yourself on your wallet while mr Harrison Scott guide you on the type of coin to buy on your wallet

    • Emily Thompson

      June 30, 2023 at 7:46 pm

      I think this is the best way to trade safely,trading by yourself on your wallet while mr Harrison Scott guide you on the type of coin to buy on your wallet

    • Andy Stuermer

      June 30, 2023 at 7:47 pm

      Harrison Scott, is 100% safer cause he doesn’t advice he clients to send out their coins rather they trade on their wallets,Am a partaker of he’s good works

    • Alex Collins

      June 30, 2023 at 7:47 pm

      Harrison Scott, is 100% safer cause he doesn’t advice he clients to send out their coins rather they trade on their wallets,Am a partaker of he’s good works

    • philip cooper

      June 30, 2023 at 7:48 pm

      > i have made over 40k trading on my wallet without having to send out my coin to anyone because i followed Mr Harrison guideline on the type of coins to buy

    • Guzman Eric

      June 30, 2023 at 7:48 pm

      > i have made over 40k trading on my wallet without having to send out my coin to anyone because i followed Mr Harrison guideline on the type of coins to buy

    • Roberto Garcia

      June 30, 2023 at 7:49 pm

      .. you are right, i grew my portfolio from 7k to 52k by following he guideline on the type of coins to buy on my wallet

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