Tom Kineshanko explains the future application landscape of blockchain technology to Nathan Latka.
0:00 / 0:09exact quote · 9.9s
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“There's going to be a lot of different blockchains. Like there'll be a blockchain for transferring identity. There will be a blockchain for secure medical information.”
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More from Tom Kineshanko
PredictionNot checkable as stated
Kineshanko: Blockchain is how the world builds for the next decade
“This way of building stuff is going to be the way the world builds stuff for the next decade.”
Tom KineshankoAug 18, 2017▶ 12:07755: Want to Invest in BitCoin But Don't Understand It? Listen to This.
AssertionSupported
Kineshanko: Blockchain activity can be traced to identify specific users
“Well, you can actually track activity on the blockchain quite nicely because it's all open source.
So it's a bit tricky to figure out who's doing what, because people can have, you know, you or I could create wallets, numerous wallets and do stuff with those.…”
Tom KineshankoAug 18, 2017▶ 6:06755: Want to Invest in BitCoin But Don't Understand It? Listen to This.
PredictionNot checkable as stated
Kineshanko predicts Bitcoin will hit trillion-dollar valuation if trusted like gold
“If it even becomes a fraction as trusted as gold, it's gonna be worth many billions of dollars, which it already is, and then if it goes beyond, it becomes at least as trusted as gold, people are gonna run to it, and it's gonna be worth trillions of dollars.”
Tom KineshankoAug 18, 2017▶ 10:45755: Want to Invest in BitCoin But Don't Understand It? Listen to This.
PredictionOpen · timeframe Aug 2022
Kineshanko predicts multiple blockchains will act as trillion-dollar digital gold
“I think there's going to be multiple blockchains that act like gold, digital gold, and multiple blockchains worth trillions of dollars.”
Tom KineshankoAug 18, 2017▶ 11:07755: Want to Invest in BitCoin But Don't Understand It? Listen to This.
Insight
Kineshanko says crypto tokens act as liquid venture capital, not traditional equity
“This is liquid venture capital. So these tokens represent not even equity in most cases, but they represent kind of an exposure to a startup project.”
Tom KineshankoAug 18, 2017▶ 3:11755: Want to Invest in BitCoin But Don't Understand It? Listen to This.
AssertionSupported
Kineshanko notes crypto tokens often become liquid before a product exists
“Within the crypto world, people's tokens are going liquid often before they even have a product.”
Tom KineshankoAug 18, 2017▶ 17:23755: Want to Invest in BitCoin But Don't Understand It? Listen to This.
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