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      "permlink": "steemitboard-notify-givebytes-20190625t091629000z",
      "title": "",
      "body": "Congratulations @givebytes! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@givebytes/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@givebytes) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=givebytes)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/the-steem-community-has-lost-an-epic-member-farewell-woflhart\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmQWnM36SWCPGn98nY83M1ArgweMz5fnovQEp2E4FiDdug/Wolfhart_header.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/the-steem-community-has-lost-an-epic-member-farewell-woflhart\">The Steem community has lost an epic member! Farewell @woflhart!</a></td></tr><tr><td><a href=\"https://steemit.com/steemtoolbar/@steemitboard/steemtoolbar-update-display-bug-fixed\"><img src=\"https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png\"></a></td><td><a href=\"https://steemit.com/steemtoolbar/@steemitboard/steemtoolbar-update-display-bug-fixed\">SteemitBoard - Witness Update</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "author": "givebytes",
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      "title": "Meet our friends and advisors",
      "body": "On 12-13 September we took part part in the [Blockchain World Summit](https://blockchainworldsummit.co/) in London. Yet another great place to  listen to some presentation and talks about the new ideas using tokenomics. But more importantly the #BWS18 was a great opportunity to network, make new friends and meet other friends from previous blockchain events. \n\nWhat I learnt about networking is that you meet always meet some people with whom it's simply impossible to have a conversation. It now takes me on average 20s to tell whether I should spend more time talking to this person or if it's just a waste of time because they are not interested in what other people do and just want to talk about themselves and their projects. If you attend networking events or conferences I'm sure you know what I mean. The idea is to politely move on and look for people who are inspiring and who truly lift your spirit.\n\nYet again I was lucky to cross paths and mingle with people in whose company I simply cannot stop smiling. Those people are world-class blockchain gurus with tons of experience, knowledge and powerful networks. I'm super grateful and proud to say that they are also official Give Bytes advisors.\n![photo5877622977930047271.jpg](https://cdn.steemitimages.com/DQmc82B3YqGPF5Ye52XUdPFiuUjaUJTFXnpG5GYhearii7G/photo5877622977930047271.jpg)\nFrom left: Jorgen Welsink, Kanaway Yusingco, Jacob Piotrowski (me) and Rick Nassar.\n\nWe've had a great fun exchanging ideas and discussing how we can develop Give Bytes and do something absolutely disruptive.\n\nI was so motivated and pumped up that I even managed to convince the event organized to give me stage time so that I could present Give Bytes to the conference audience!\n\nThis was fun and the feedback from the audience was really motivating. A friend of mine recorded my presentation:\n\nhttps://www.youtube.com/watch?v=UaQshkjqu0Q",
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      "body": "@@ -146,56 +146,2771 @@\n g)%0A%0A\n-This will be a memoir of the NonCentral Conf in Leon\n+In May 2018 we got an invitation to pitch at the London Block Show startup competition. It was rather spontaneous but we won. Our prize was the pitching spot at the Block Show Europe grand finale in Berlin. I've put a nice presentation together and gave a 3 minutes  presentation which was then evaluated by the jury.%0A%0AAlthough we didn't win we got the biggest round of applause  from the crowd and got a lot of confidence and taps on the back for sharing our story and what it is that we want to do. After the presentation I was approached by a Spanish guy named Alex Casas who said he wanted to invite me to give a talk at the conference he was organizing in Leon, Spain. Naturally I could not say no! %0A%0AThe only problem I had was that my presentation was supposed to last about 40 minutes and the maximum to which I could stretch my pitch deck  was probably around 15 minutes. So I decided to change the topic of my presentation and tell why helping other people was the most egoistic thing a person can do. I called it *The formula for happiness*.%0A%0AI started my presentation by couple of assumptions related to the fact that we can categorize all the things in our lives into those which we can control and those which we cannot. The second assumption was the we need to recognize that the world is built on dualities - things that are GOOD or BAD - like HEALTH vs SICKNESS, RELAX vs STRESS, WISDOM vs STUPIDITY, GENEROSITY vs GREED, etc... I called them POSITIVES vs NEGATIVES. From the reaction of the crowd I could see they got what I was talking about. %0A%0A!%5BNonCentralConf.jpg%5D(https://cdn.steemitimages.com/DQmY32a9sHn9x7WaN1LcodnXRnR97vYuhBhxT39qLoAUzSd/NonCentralConf.jpg)%0A%0AThat was all I needed to draft the simple formula showing that  our happiness is A1 (all the good things you do to others) - A2 (all the bad things you do to others) + B1 (all the good things that happen to you) - B2 (all the bad things that happen to you).%0A%0A !%5BNonCentralConf.png%5D(https://cdn.steemitimages.com/DQmT3NnKNXhFZqN7JHG9s8pjpTRyex2ELpfmsHQmSg7L7Tr/NonCentralConf.png)%0A%0AThe more points you get in the end - the happier you are. Naturally we can only control what we do to others so to be happy we need to ensure we are helping people because this is the one variable that we can level up by making a compliment, helping someone we don't necessarily need to know, being someone's angel and making someone's dream come true. Alternatively we could also #GiveALittleByteOfLove.%0A%0A!%5BGiveBytes (1).jpg%5D(https://cdn.steemitimages.com/DQmNrJDi4QMnLtd7FsMHfg7oV1vCXc8uaSuCHx2AukYAcMS/GiveBytes%2520(1).jpg)%0A%0AThis was %5BNonCentralConf%5D(https://noncentralconf.com) - probably the most friendly conference I've been to so far.  Because it's a NonConf. Make sure you come there next time.\n",
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      "title": "Our Eureka moment - The Give Bytes puzzles come together",
      "body": "@@ -101,35 +101,1911 @@\n )%0A%0AI\n-'ve come across this article..\n+t was a chilly morning of the early spring 2018 when I was browsing through some news related to cryptocurrencies, blockchain and everything related to it. I stumbled upon an article about some hackers who planted some malicious JavaScript on some media website and harnessed the computing power of everyone coming to read the news on this very website. The harnessing was done without users consent so only IT geeks would spot this exploit by checking the CPU utilization monitor. The computing power was used to pool mine cryptocurrency directly to the hackers digital wallet. I found it illegal, unethical and fascinating at the same time and quickly started toying with the idea and turning the table so that the same technology could be used for something good (naturally with users consent).%0A%0AI kept on reading about smart contracts and other features coming alongside decentralized ledger technology (DLT, a.k.a. blockchain) and quickly recognized how this technology with revolutionize and disrupt so many areas of our lives. %0A%0AThe transparency and re-definition of trust that comes with blockchain started our research on how to use it in conjunction with corporate social responsibility (CSR). We've teamed up with our CTO and concluded that not only we can let anyone with a computer donate their CPU power but also how to use blockchain to match this computing power with corporate companies which through their CSR programs could do something truly good, desired and transparent.%0A%0AWe've analyzed how the current crowdfunding websites work - many of them are well designed and have some really cool features. None of them however focuses on people who might not be reach enough to share their income. We've decided this was our opportunity and that's how Give Bytes was born.%0A%0ANow it's time for the next chapter - let's see where this adventure takes us and if we can really disrupt fundraising\n .\n",
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      "permlink": "here-s-my-response-to-nobel-prize-winning-economist-working-for-the-world-bank-who-says-bitcoin-has-no-future",
      "title": "Here's my response to Nobel prize winning economist working for the World Bank who says Bitcoin has no future.",
      "body": "<html>\n<p>A journalist asked me to comment on the statement of the economy Nobel prize winner - prof. Joseph Stiglitz who said that authorities will 'hammer' bitcoin and that it's prize will drop to $100.&nbsp;</p>\n<p><strong>Here's my response...</strong></p>\n<p><em>I feel pity seeing prof. Stiglitz who is economic Nobel prize winner, undermine the significance of bitcoin and cryptocurrencies. I understand it though - he’s dedicated his entire live to work for the establishment and centralized institutions like the World Bank, OECD or US governments. What we have to understand is there is no other system taken for granted and misunderstood as much as the monetary system we are currently living in. Taking on nearly religions proportions, the established monetary institutions like the World Bank exist as one of the most unquestioned forms of faith there is. Using the modern money mechanics and fractional reserve banking - there is no question that institutions like Federal Reserve Bank or World Bank, are responsible for increasing the global inequality gap and I really feel sad to see academics like prof. Stiglitz becoming lobbyists to maintain the status quo.&nbsp;</em></p>\n<p><em>It’s important to understand that the World Bank is in fact a US bank supporting US interests because US holds the veto power over all decisions as it is the largest provider of capital.</em></p>\n<p><em>A glance at the performance at the World Bank reveals that the institution which publicly claims to help poor countries alleviate poverty has done nothing but increased poverty and the wealth gap while corporate profits sore. In 1960 the income gap between the 20% of the richest versus the 20% of the poorest countries was 30:1. By 1998 it was 74:1, while from 1985 till 2000 the number of those living on less than $1 a day increased by 18%. In a world where 42 richest people hold same wealth as 3.7bn poorest people, it is clear that something is very wrong.</em></p>\n<p><em>These inequalities can be fixed by technology and cryptocurrencies such as bitcoin. The nature of bitcoin is that it’s open, decentralized, neutral, borderless and censorship-resistant. It cannot be controlled or manipulated but it can be monitored in much more precise and transparent way than any FIAT currency out there. In fact anyone can use blockchain explorer to see the time and amount of transactions that happened as well as the digital wallets (parties) taking part in these transactions. Try tracking how much money exactly the US government sent to Iran or Saudi Arabia. Mr Stiglitz says that regulations will be like a hammer to cryptocurrencies and might drop down the price of bitcoin to $100 - that’s just absurd and arrogant to say. As an economist Mr Stiglitz should understand that the central banks and governments have zero chances of imposing regulations or control. Bitcoin is based on an open-access participatory model of market-based economic competition. Through risk and reward strategies based on game theoretical outcomes it ensures collaborative participation by multiple participants without anybody having the ability to cheat, due to a system of emergent consensus based on advanced maths and cryptography.&nbsp;</em></p>\n<p><em>Unfortunately, today’s economics is often viewed with confusion and boredom. Endless streams of financial jargon coupled with intimidating mathematics quickly deter people from attempts at understanding it. However, the fact is, the complexity associated with the current financial system is a mere mask, designed to conceal one of the most socially paralyzing structures humanity has ever endured. Bitcoin is here to change it. Central banking institutions can either adapt it or continue it's illogical resistance only to realize that the last resort is lobbying to prohibit math and make smartphones illegal. Good luck with that!</em></p>\n<p><em>--------------------</em></p>\n<p>While writing this I thought of the lobbyist in the oil industry who throughout the last 50 years have been sponsoring wars, denying climate change and stopping transition to electric vehicles. With more and more car brands switching to EVs it looks like the oil lobbyists have finally been defeated.</p>\n<p>With emergence of bitcoin a similar faith is now awaiting banking institutions. There are now around 50m people using cryptocurrencies.&nbsp;</p>\n<p><br></p>\n</html>",
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