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Our conversation with software engineer and author Kevin Lawton. We talk about how they might try to ban cryptos in China, and how the bankers and Wall Street folks will try to funnel us into their system. We let the camera keep rolling even after we finished. This is an interesting conversation. ** Note: This is an updated version. We had some information about Bitcoin Improvement Proposals that needed to be clarified. We'll talk about that in our next segment. 

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20180802 CONVO-FRIEND How They Will Funnel Us Into Their New System

Comments

Anonymous

Hi guys - excellent interview - thank you! First off - there is a project called "Digipulse," which does address some of the issues you discuss about passing on your cryptos to family members in the case of your death. I do not believe it handles any legal issues, but it does ensure that your beneficiaries receive your keys to access your cryptos. Also, regarding security tokens as discussed during the first part of this interview on Youtube - I'm purchasing some POLY today. It's the token associated with the Polymath platform, upon which security tokens can be created as Kevin describes - just as Ethereum is a platform for utility tokens to be created. It's only 26.7 cents. It seems like a good investment based on the future migration of Wall Street into crypto. I just thought I'd mention these two as they might be worth looking into. Keep up the good work guys <3

Anonymous

on your YouTube channel you said there was audio in the black?

Anonymous

Some people will be funneled into the E_Z system they provide for us, but, they will need to eat (healthy food), etc., and those who are growers and manufacturers, will have a growing to large segment that will accept only DE-centralized value. Food will have shortages, so if they want to eat... There are those that won't deal in centralized fiat of any kind. I dream of the day when there is no reason to use the dollar for anything.

Anonymous

If Kevin is right about bitcoin and it's only software that will be replaced by better newer cryptos. This destroys the whole idea of them being a store of value. It crumbles the whole financial idea. If your money becomes outdated and worthless thats so much worse than hyper inflation. None of this would ever work if this was the case or becomes the case.

Anonymous

Any good news? It's like I'm watching every possible nightmare scenario. I understand that computers are not always simple but this is getting a bit like Armageddon. There is a big shift coming for sure but let's not get paranoia into the system on top of the change. Sometimes it's easier than we think, computer, software is one thing, the human brain or psychology is another thing. We often forget about that part. Money is a medium of exchange, what's behind money is a service, money is people service, that's the root of it. A store of value never existed to begin with, that's just a dream made up to secure your dreamy ass. Security exist when people trust you, money is a facade to how much people trust you. Money is one medium of wealth, if you have a lot of friend that trust you that's another medium of wealth, people help you when you are friends with them, no need of money there. I slept over a friend's house last week, I didn't pay anything.