The Future is Now is a Youtube series dedicated to crypto and blockchain, the latest episode of which was filmed at the Malta Blockchain Summit 2019 last May.
Episode 08 of the series, in fact, was published in August 2019, but the crew was also present at the latest Malta Blockchain Summit held in November, so perhaps we’ll see another episode dedicated to this event.
Malta and the new world
Episode 8 features characters such as Brock Pierce and is titled “Becoming The New World“.
In this episode, Brock Pierce goes in search of answers to the question about what made the price of BTC rise from $4,000 to $8,000 in the first half of 2019 and what does the future hold with regard to mass adoption.
The episode of the series features guests such as Anna Frankowska of Nightset, David Wainwright and Gilberto Arredondo of Belega, Tone Vays of Unconfiscatable, Toufi Saliba of Toda.Network, Carla Maree Vella of My Blockchain Island, Miko Matsumura of Evercoin, Alan Tonetti of TaoDust and Eman Pulis of Malta AI & BC Summit.
The episode follows the various stages of the Malta Blockchain Summit, where the future of the industry and the crypto market, which is constantly accelerating, were discussed.
Pierce asked Miko Matsumura about the reasons for the rise in the price of bitcoin at the beginning of the year, and Matsumura suggested that institutional fund managers have begun to observe bitcoin as a refuge from a possible global recession. In fact, he suggested that they could trust Bitcoin more than governments, regarding BTC more and more as digital gold.
“A smart contract doesn’t judge you by the color of skin or your gender or your age. It’s a smart contract, it’s just the rules, the rules are the rules and it’s fair. And it’s what people want, they want transparency, they want fairness, equality, justice and of course freedom. I believe these are the qualities we are circulating around. In a way society is pulling away from these failed systems of centralized power, with people thinking we want an alternate system of governance that will help us move into a more equitable age”.
Toufi Saliba of TODA.Network points out that currently, the global rate of adoption of blockchain technologies is less than 0.2%, and that a centralised entity that manages a distributed ledger does not entail decentralisation.
“The same way e-mail came to the post-man and said I am 99% more efficient, it never asked for permissions to act, it just came and began working better, faster, cheaper”.
The episode also features Roger Ver, CEO of Bitcoin Cash and Tone Vays, who in Malta bet on the possibility that a BTC transaction could be fast and cheap: Roger lost the bet and gave Tone $10,000 to donate to a charity of his choice.
Many of the projects presented at the Summit were about mass adoption, such as crowdfunding, tokenisation and STO platforms.
At the end of the episode Brock Pierce wonders:
“Why are you here? Why are we here? Always ask yourself why. You don’t do things just because you can, you do things because you should. Why do you play the game? Because to some degree, it is “choose your own adventure”. I choose positive impact, and I measure my success in this life based upon the positive impact I’m having in the world. But we are all free to choose, why we play the game”.
Episode 9, on the other hand, will probably be released shortly and is dedicated to Blockchain Cruise 2019. Here’s the trailer: