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Adding value to the Internet of value | Martijn Wismeijer | TEDxSittardGeleen


my talk will be about the internet’ll

my talk will be about the internet’ll failure and bitcoins I don’t know anyone

failure and bitcoins I don’t know anyone

failure and bitcoins I don’t know anyone in the audience is familiar with

in the audience is familiar with

in the audience is familiar with bitcoins on blockchain technology raise

bitcoins on blockchain technology raise

bitcoins on blockchain technology raise your hands please

your hands please

your hands please ah I see some of them see and now who of

ah I see some of them see and now who of

ah I see some of them see and now who of those who have heard of Bitcoin are a

those who have heard of Bitcoin are a

those who have heard of Bitcoin are a bit skeptical about it see yeah you’re

bit skeptical about it see yeah you’re

bit skeptical about it see yeah you’re come back up my kind of audience I take

come back up my kind of audience I take

come back up my kind of audience I take exactly the same thing the first thing I

exactly the same thing the first thing I

exactly the same thing the first thing I heard about Bitcoin I will think about

heard about Bitcoin I will think about

heard about Bitcoin I will think about Tasos or flip posters we call them in

Tasos or flip posters we call them in

Tasos or flip posters we call them in the Netherlands useless coins with no

the Netherlands useless coins with no

the Netherlands useless coins with no value whatsoever but I was wrong and

value whatsoever but I was wrong and

value whatsoever but I was wrong and I’ll tell you why seven years later the

I’ll tell you why seven years later the

I’ll tell you why seven years later the ten million Bitcoin people Bitcoin users

ten million Bitcoin people Bitcoin users

ten million Bitcoin people Bitcoin users there’s 10 million people that are

there’s 10 million people that are

there’s 10 million people that are really excited about Bitcoin and where

really excited about Bitcoin and where

really excited about Bitcoin and where do you wear it wherever you are in the

do you wear it wherever you are in the

do you wear it wherever you are in the world you’ll always find some of them

world you’ll always find some of them

world you’ll always find some of them close to you 10 million people just

close to you 10 million people just

close to you 10 million people just think about those 10 million people how

think about those 10 million people how

think about those 10 million people how much is that really well if you look at

much is that really well if you look at

much is that really well if you look at a country like Switzerland we’ve got 8

a country like Switzerland we’ve got 8

a country like Switzerland we’ve got 8 million Swiss people on this planet who

million Swiss people on this planet who

million Swiss people on this planet who in total have like 65 billion euros

in total have like 65 billion euros

in total have like 65 billion euros worth of Swiss francs floating around to

worth of Swiss francs floating around to

worth of Swiss francs floating around to drink in their economy even though

drink in their economy even though

drink in their economy even though bitcoin is still very small

bitcoin is still very small

bitcoin is still very small the number of users is comparable to the

the number of users is comparable to the

the number of users is comparable to the amount of Swiss people on this planet

amount of Swiss people on this planet

amount of Swiss people on this planet and we’ve been able as a Bitcoin

and we’ve been able as a Bitcoin

and we’ve been able as a Bitcoin community to make Bitcoin be worth

community to make Bitcoin be worth

community to make Bitcoin be worth fifteen billion euros 15 billion euros

fifteen billion euros 15 billion euros

fifteen billion euros 15 billion euros for an open soft source software program

for an open soft source software program

for an open soft source software program that hasn’t existed for that long as

that hasn’t existed for that long as

that hasn’t existed for that long as well

well

well am i obtaining pretty amazing because it

am i obtaining pretty amazing because it

am i obtaining pretty amazing because it took the Swiss 727 years to build this

took the Swiss 727 years to build this

took the Swiss 727 years to build this wealth well that’s it now you hear it

wealth well that’s it now you hear it

wealth well that’s it now you hear it Bitcoin only eight years after eight

Bitcoin only eight years after eight

Bitcoin only eight years after eight years it’s worth fifteen billion euros

years it’s worth fifteen billion euros

years it’s worth fifteen billion euros so this is why I thought I’d have to

so this is why I thought I’d have to

so this is why I thought I’d have to give I have to give Bitcoin another

give I have to give Bitcoin another

give I have to give Bitcoin another chance so to understand this whole new

chance so to understand this whole new

chance so to understand this whole new Bitcoin thing and the internet of value

Bitcoin thing and the internet of value

Bitcoin thing and the internet of value what must

what must

what must learn now what is the internet how do we

learn now what is the internet how do we

learn now what is the internet how do we see the Internet

see the Internet

see the Internet she could see any picture above or

she could see any picture above or

she could see any picture above or somewhere on screen is that this the map

somewhere on screen is that this the map

somewhere on screen is that this the map of the world with 1.3 billion connected

of the world with 1.3 billion connected

of the world with 1.3 billion connected devices this map was generated by a

devices this map was generated by a

devices this map was generated by a botnet called karna a few years ago it

botnet called karna a few years ago it

botnet called karna a few years ago it was illegally sourced it’s count every

was illegally sourced it’s count every

was illegally sourced it’s count every single router and and computed it could

single router and and computed it could

single router and and computed it could find on the Internet only to create this

find on the Internet only to create this

find on the Internet only to create this pretty picture to understand the this

pretty picture to understand the this

pretty picture to understand the this presentation we have to make a

presentation we have to make a

presentation we have to make a distinguish we have to distinguish

distinguish we have to distinguish

distinguish we have to distinguish between the different types of Internet

between the different types of Internet

between the different types of Internet we we familiar with first most of us

we we familiar with first most of us

we we familiar with first most of us will be familiar with the Internet of

will be familiar with the Internet of

will be familiar with the Internet of information it’s the world wide web as

information it’s the world wide web as

information it’s the world wide web as we know it some say technology is the

we know it some say technology is the

we know it some say technology is the campfire around which we tell our

campfire around which we tell our

campfire around which we tell our stories but I totally disagree with that

stories but I totally disagree with that

stories but I totally disagree with that it is Internet of information which is

it is Internet of information which is

it is Internet of information which is actually the campfire around which we

actually the campfire around which we

actually the campfire around which we tell our stories it’s based on the World

tell our stories it’s based on the World

tell our stories it’s based on the World Wide Web and most of your apps

Wide Web and most of your apps

Wide Web and most of your apps connecting you know most of your apps on

connecting you know most of your apps on

connecting you know most of your apps on your phone connected to the web use the

your phone connected to the web use the

your phone connected to the web use the world wide web or the HTTP protocol that

world wide web or the HTTP protocol that

world wide web or the HTTP protocol that powers this Internet of information then

powers this Internet of information then

powers this Internet of information then we make a distinguished minute in the

we make a distinguished minute in the

we make a distinguished minute in the Internet of Things things like your your

Internet of Things things like your your

Internet of Things things like your your router your Wi-Fi hotspot’ but also your

router your Wi-Fi hotspot’ but also your

router your Wi-Fi hotspot’ but also your your smart meter your thermostats and

your smart meter your thermostats and

your smart meter your thermostats and even your your new battery-operated

even your your new battery-operated

even your your new battery-operated Tesla it’s calling home and to the

Tesla it’s calling home and to the

Tesla it’s calling home and to the factory every single day these things

factory every single day these things

factory every single day these things they are communicating without any user

they are communicating without any user

they are communicating without any user interaction they’re basically they’re

interaction they’re basically they’re

interaction they’re basically they’re just devices you know talking on the

just devices you know talking on the

just devices you know talking on the internet and then we have a third type

internet and then we have a third type

internet and then we have a third type of Internet the internet of value

of Internet the internet of value

of Internet the internet of value unlike the Internet of information where

unlike the Internet of information where

unlike the Internet of information where we can like copy paste copy paste copy

we can like copy paste copy paste copy

we can like copy paste copy paste copy paste everything we like and see the

paste everything we like and see the

paste everything we like and see the Internet of failure works differently

Internet of failure works differently

Internet of failure works differently generally their blockchain based

generally their blockchain based

generally their blockchain based cryptocurrencies which sounds really

cryptocurrencies which sounds really

cryptocurrencies which sounds really complicated just drop it for now but

complicated just drop it for now but

complicated just drop it for now but it’s this new technology will will makes

it’s this new technology will will makes

it’s this new technology will will makes it possible to prevent double spans that

it possible to prevent double spans that

it possible to prevent double spans that means if I have a token in this case of

means if I have a token in this case of

means if I have a token in this case of Bitcoin and I send it to you or you or

Bitcoin and I send it to you or you or

Bitcoin and I send it to you or you or anyone in the audience I no longer have

anyone in the audience I no longer have

anyone in the audience I no longer have to token I can no longer I can copy the

to token I can no longer I can copy the

to token I can no longer I can copy the token but I can’t

token but I can’t

token but I can’t and it again this is something really

and it again this is something really

and it again this is something really unique because for the first time in the

unique because for the first time in the

unique because for the first time in the history of mankind we’ve got something

history of mankind we’ve got something

history of mankind we’ve got something that’s one digital and at the same time

that’s one digital and at the same time

that’s one digital and at the same time it scares so it’s also limited in supply

it scares so it’s also limited in supply

it scares so it’s also limited in supply so it shares a bit of the correct

so it shares a bit of the correct

so it shares a bit of the correct characteristics with money so in that in

characteristics with money so in that in

characteristics with money so in that in that respect we we have a totally new

that respect we we have a totally new

that respect we we have a totally new system to to do transactions on but to

system to to do transactions on but to

system to to do transactions on but to understand why we need an internet or

understand why we need an internet or

understand why we need an internet or fail you first have to understand why

fail you first have to understand why

fail you first have to understand why how we pay on the internet nowadays well

how we pay on the internet nowadays well

how we pay on the internet nowadays well most people will use a credit card it’s

most people will use a credit card it’s

most people will use a credit card it’s easiest way but as you can see to

easiest way but as you can see to

easiest way but as you can see to understand the credit card payment

understand the credit card payment

understand the credit card payment system we have to understand a bit have

system we have to understand a bit have

system we have to understand a bit have to look at at one of the credit card

to look at at one of the credit card

to look at at one of the credit card numbers as on screen you see credit card

numbers as on screen you see credit card

numbers as on screen you see credit card number of which the first four digits

number of which the first four digits

number of which the first four digits for nine one six they represent a Visa

for nine one six they represent a Visa

for nine one six they represent a Visa card the next four days six five three O

card the next four days six five three O

card the next four days six five three O represent the Bank of Belize cards

represent the Bank of Belize cards

represent the Bank of Belize cards that’s a real Bank in belize city belize

that’s a real Bank in belize city belize

that’s a real Bank in belize city belize the last eight digits representing

the last eight digits representing

the last eight digits representing account number account number could be

account number account number could be

account number account number could be anything really and the the CVV code

anything really and the the CVV code

anything really and the the CVV code which is like the code you see on the

which is like the code you see on the

which is like the code you see on the back of your cards that’s been added

back of your cards that’s been added

back of your cards that’s been added later because this was a broken system

later because this was a broken system

later because this was a broken system and they thought you know what we’ll

and they thought you know what we’ll

and they thought you know what we’ll make it more secure but just adding a

make it more secure but just adding a

make it more secure but just adding a few extra numbers which makes no sense

few extra numbers which makes no sense

few extra numbers which makes no sense whatsoever but they try this

whatsoever but they try this

whatsoever but they try this – enough billion people this is the

– enough billion people this is the

– enough billion people this is the amount of people that don’t have a

amount of people that don’t have a

amount of people that don’t have a credit card they don’t have a card they

credit card they don’t have a card they

credit card they don’t have a card they come page on the Internet

come page on the Internet

come page on the Internet they’re basically excluded from global

they’re basically excluded from global

they’re basically excluded from global commerce and for them the internet it’s

commerce and for them the internet it’s

commerce and for them the internet it’s like one big brochure with all these

like one big brochure with all these

like one big brochure with all these wonderful products they can’t have it’s

wonderful products they can’t have it’s

wonderful products they can’t have it’s not only unfair it will make me really

not only unfair it will make me really

not only unfair it will make me really miserable if I would be one of those 200

miserable if I would be one of those 200

miserable if I would be one of those 200 billion people so in order to change

billion people so in order to change

billion people so in order to change this we have to either get them a bank

this we have to either get them a bank

this we have to either get them a bank accounts or I have to find a solution

accounts or I have to find a solution

accounts or I have to find a solution well bitcoin as a solution because with

well bitcoin as a solution because with

well bitcoin as a solution because with bitcoin we no longer need a bank account

bitcoin we no longer need a bank account

bitcoin we no longer need a bank account you generate your own bank account

you generate your own bank account

you generate your own bank account number as you can see on screen this

number as you can see on screen this

number as you can see on screen this address in the back it’s long address

address in the back it’s long address

address in the back it’s long address but it starts with one and that’s te d

but it starts with one and that’s te d

but it starts with one and that’s te d Ted X and then

Ted X and then

Ted X and then follow stress is a Bitcoin address you

follow stress is a Bitcoin address you

follow stress is a Bitcoin address you can transfer funds to that address to

can transfer funds to that address to

can transfer funds to that address to create such an address you just start

create such an address you just start

create such an address you just start your phone or your your your computer

your phone or your your your computer

your phone or your your your computer open your Bitcoin wallet and it will

open your Bitcoin wallet and it will

open your Bitcoin wallet and it will generate one of those addresses for you

generate one of those addresses for you

generate one of those addresses for you so anybody who just starts an app and

so anybody who just starts an app and

so anybody who just starts an app and creates an address will be able to

creates an address will be able to

creates an address will be able to receive money this way well to spend it

receive money this way well to spend it

receive money this way well to spend it it’s a little bit different to spend it

it’s a little bit different to spend it

it’s a little bit different to spend it you need a private key as an example of

you need a private key as an example of

you need a private key as an example of the private key so basically your

the private key so basically your

the private key so basically your private key is what you use to spend

private key is what you use to spend

private key is what you use to spend your bitcoins while you receive your

your bitcoins while you receive your

your bitcoins while you receive your bitcoins on the public key they’re both

bitcoins on the public key they’re both

bitcoins on the public key they’re both linked together so this is basically

linked together so this is basically

linked together so this is basically your bank accounts don’t worry about the

your bank accounts don’t worry about the

your bank accounts don’t worry about the QR codes too much there they are they’re

QR codes too much there they are they’re

QR codes too much there they are they’re like just they make my eyes hurt but we

like just they make my eyes hurt but we

like just they make my eyes hurt but we thought you know if Bitcoin is banking

thought you know if Bitcoin is banking

thought you know if Bitcoin is banking without banks then who’s gonna keep your

without banks then who’s gonna keep your

without banks then who’s gonna keep your Bitcoin safe I mean really what I did at

Bitcoin safe I mean really what I did at

Bitcoin safe I mean really what I did at first is I would print those bitcoins on

first is I would print those bitcoins on

first is I would print those bitcoins on a QR code and would bring him to the

a QR code and would bring him to the

a QR code and would bring him to the bank basically to his safe deposit box I

bank basically to his safe deposit box I

bank basically to his safe deposit box I would rent a safe deposit box at the

would rent a safe deposit box at the

would rent a safe deposit box at the bank and to be honest okay I felt

bank and to be honest okay I felt

bank and to be honest okay I felt defeated every time I went through the

defeated every time I went through the

defeated every time I went through the bail because where we are going we don’t

bail because where we are going we don’t

bail because where we are going we don’t need no banks so still I was there with

need no banks so still I was there with

need no banks so still I was there with my QR codes in an envelope come to my

my QR codes in an envelope come to my

my QR codes in an envelope come to my bank safe so in order to change this we

bank safe so in order to change this we

bank safe so in order to change this we thought let’s shrink these QR codes I

thought let’s shrink these QR codes I

thought let’s shrink these QR codes I shrink it down to a tiny little chip

shrink it down to a tiny little chip

shrink it down to a tiny little chip implants 11 millimeters large a little

implants 11 millimeters large a little

implants 11 millimeters large a little tiny little antenna chip and encase it

tiny little antenna chip and encase it

tiny little antenna chip and encase it in a glass cap Capshaw and then we can

in a glass cap Capshaw and then we can

in a glass cap Capshaw and then we can inject it into our hands so we should

inject it into our hands so we should

inject it into our hands so we should always store I bet going safe near us so

always store I bet going safe near us so

always store I bet going safe near us so this is what we did and if you take an

this is what we did and if you take an

this is what we did and if you take an x-ray photo it looks something like this

x-ray photo it looks something like this

x-ray photo it looks something like this it’s it basically I’ve got my left a my

it’s it basically I’ve got my left a my

it’s it basically I’ve got my left a my right hands I put a little chip in and I

right hands I put a little chip in and I

right hands I put a little chip in and I use them for things like Bitcoin of

use them for things like Bitcoin of

use them for things like Bitcoin of course but I use them as much to snooze

course but I use them as much to snooze

course but I use them as much to snooze my alarm in the morning I use them as

my alarm in the morning I use them as

my alarm in the morning I use them as much passwords you can use them to open

much passwords you can use them to open

much passwords you can use them to open an apartment or there’s many many many

an apartment or there’s many many many

an apartment or there’s many many many different applications but for me the

different applications but for me the

different applications but for me the most important one was just create a

most important one was just create a

most important one was just create a modern-day equivalent of a beliefs bank

modern-day equivalent of a beliefs bank

modern-day equivalent of a beliefs bank accounts so instead of having the

accounts so instead of having the

accounts so instead of having the bitcoins on a far away or surely you’re

bitcoins on a far away or surely you’re

bitcoins on a far away or surely you’re cashing your finances on a far away bank

cashing your finances on a far away bank

cashing your finances on a far away bank account

account

account you can now store them in Bitcoin in

you can now store them in Bitcoin in

you can now store them in Bitcoin in your hands take them wherever you go

your hands take them wherever you go

your hands take them wherever you go before you think can any funny ideas

before you think can any funny ideas

before you think can any funny ideas they’re encrypted so there’s no point

they’re encrypted so there’s no point

they’re encrypted so there’s no point shopping any hands off or anything yeah

shopping any hands off or anything yeah

shopping any hands off or anything yeah at the time we were we were thinking

at the time we were we were thinking

at the time we were we were thinking like we were just designing our second

like we were just designing our second

like we were just designing our second Bitcoin ATM at the time and the first

Bitcoin ATM at the time and the first

Bitcoin ATM at the time and the first one we did we first model we designs you

one we did we first model we designs you

one we did we first model we designs you know what was nice success so we started

know what was nice success so we started

know what was nice success so we started with the second model and one of the

with the second model and one of the

with the second model and one of the engineers said you know what if you

engineers said you know what if you

engineers said you know what if you could just like wave your hands to get

could just like wave your hands to get

could just like wave your hands to get cash out wouldn’t that be fantastic I

cash out wouldn’t that be fantastic I

cash out wouldn’t that be fantastic I said yeah yeah yeah let’s do that but if

said yeah yeah yeah let’s do that but if

said yeah yeah yeah let’s do that but if you would like wave your hands and then

you would like wave your hands and then

you would like wave your hands and then put some money in so you could charge

put some money in so you could charge

put some money in so you could charge your cards or your chip implants so yeah

your cards or your chip implants so yeah

your cards or your chip implants so yeah that’s great except that we don’t have a

that’s great except that we don’t have a

that’s great except that we don’t have a market for that there’s nobody has a

market for that there’s nobody has a

market for that there’s nobody has a chip implant so we decided we had to

chip implant so we decided we had to

chip implant so we decided we had to modify the machines a bit and make it

modify the machines a bit and make it

modify the machines a bit and make it easier for the user to understand just

easier for the user to understand just

easier for the user to understand just it like the Bitcoin ATMs is not really

it like the Bitcoin ATMs is not really

it like the Bitcoin ATMs is not really an ATM an ATM is usually it’s usually

an ATM an ATM is usually it’s usually

an ATM an ATM is usually it’s usually operated by a bank and since people are

operated by a bank and since people are

operated by a bank and since people are their own bank with Bitcoin there is no

their own bank with Bitcoin there is no

their own bank with Bitcoin there is no bank they connect to so the ATM is more

bank they connect to so the ATM is more

bank they connect to so the ATM is more like a portal to the internet of value

like a portal to the internet of value

like a portal to the internet of value it directly connects to an exchange

it directly connects to an exchange

it directly connects to an exchange allows people to do all those

allows people to do all those

allows people to do all those transactions without really knowing how

transactions without really knowing how

transactions without really knowing how complicated it all is being in the

complicated it all is being in the

complicated it all is being in the background is for them did the metaphor

background is for them did the metaphor

background is for them did the metaphor of an ATM is something they feel

of an ATM is something they feel

of an ATM is something they feel comfortable with and for the same reason

comfortable with and for the same reason

comfortable with and for the same reason we decided to make the chip implants to

we decided to make the chip implants to

we decided to make the chip implants to just put them on a card because we all

just put them on a card because we all

just put them on a card because we all we all come from comfortable with a bank

we all come from comfortable with a bank

we all come from comfortable with a bank cards piece of plastic you know we know

cards piece of plastic you know we know

cards piece of plastic you know we know it has value and that you need to

it has value and that you need to

it has value and that you need to protect it if it has value so this is

protect it if it has value so this is

protect it if it has value so this is why we modified the ATM and created a

why we modified the ATM and created a

why we modified the ATM and created a separate like car dispenser so it would

separate like car dispenser so it would

separate like car dispenser so it would work just like the implants without the

work just like the implants without the

work just like the implants without the implants so it’s like for the rest the

implants so it’s like for the rest the

implants so it’s like for the rest the first I really don’t want to get the

first I really don’t want to get the

first I really don’t want to get the chip implants just get your card from an

chip implants just get your card from an

chip implants just get your card from an ATM this makes it extremely flexible for

ATM this makes it extremely flexible for

ATM this makes it extremely flexible for a foreign loyalty program micro payments

a foreign loyalty program micro payments

a foreign loyalty program micro payments mobile wallets or to keep your savings

mobile wallets or to keep your savings

mobile wallets or to keep your savings the card itself although it looks like a

the card itself although it looks like a

the card itself although it looks like a boring card isn’t this this one has a

boring card isn’t this this one has a

boring card isn’t this this one has a TEDx design but they can be customized

TEDx design but they can be customized

TEDx design but they can be customized in any design but the whole point is

in any design but the whole point is

in any design but the whole point is there’s no cardholder name on that it’s

there’s no cardholder name on that it’s

there’s no cardholder name on that it’s not some access to a bank account stores

not some access to a bank account stores

not some access to a bank account stores elsewhere in

elsewhere in

elsewhere in that it is your bank you can store

that it is your bank you can store

that it is your bank you can store multiple accounts on there and you can

multiple accounts on there and you can

multiple accounts on there and you can decide when and who you want to pay

decide when and who you want to pay

decide when and who you want to pay there’s nobody but nobody that will be

there’s nobody but nobody that will be

there’s nobody but nobody that will be able to block you from making your

able to block you from making your

able to block you from making your transaction basically the way money

transaction basically the way money

transaction basically the way money should work really well

should work really well

should work really well besides you know once you’ve got your

besides you know once you’ve got your

besides you know once you’ve got your card or your chip implant created like

card or your chip implant created like

card or your chip implant created like we thought you know we had to spend our

we thought you know we had to spend our

we thought you know we had to spend our money somewhere so we created this

money somewhere so we created this

money somewhere so we created this vortex pay which our point-of-sale

vortex pay which our point-of-sale

vortex pay which our point-of-sale offering and cortex pay basically allows

offering and cortex pay basically allows

offering and cortex pay basically allows you to just swipe your hands and pay for

you to just swipe your hands and pay for

you to just swipe your hands and pay for your for your pie or your coffee or your

your for your pie or your coffee or your

your for your pie or your coffee or your dinner in an easy way your modern way

dinner in an easy way your modern way

dinner in an easy way your modern way like like normal payment terminal except

like like normal payment terminal except

like like normal payment terminal except without the bank cards without the bank

without the bank cards without the bank

without the bank cards without the bank there’s no bank there’s still no bank

there’s no bank there’s still no bank

there’s no bank there’s still no bank and we thought it would be a cool idea

and we thought it would be a cool idea

and we thought it would be a cool idea to actually if we would like enable

to actually if we would like enable

to actually if we would like enable vending machines to to accept these

vending machines to to accept these

vending machines to to accept these bitcoins because then the then the

bitcoins because then the then the

bitcoins because then the then the vending machines could manage their own

vending machines could manage their own

vending machines could manage their own wallets and they would be able to to

wallets and they would be able to to

wallets and they would be able to to report to the owner how much the the how

report to the owner how much the the how

report to the owner how much the the how much stock they have whether they need

much stock they have whether they need

much stock they have whether they need refilling there will be no coins could

refilling there will be no coins could

refilling there will be no coins could get away get rid of the coins so we

get away get rid of the coins so we

get away get rid of the coins so we created this well it was a soda fizzy

created this well it was a soda fizzy

created this well it was a soda fizzy soda drink machine and we converted it

soda drink machine and we converted it

soda drink machine and we converted it to run on Bitcoin and yes you can wave

to run on Bitcoin and yes you can wave

to run on Bitcoin and yes you can wave your hands and just just get your bitkha

your hands and just just get your bitkha

your hands and just just get your bitkha or else well just get you a fizzy drink

or else well just get you a fizzy drink

or else well just get you a fizzy drink this way oh who is familiar with this

this way oh who is familiar with this

this way oh who is familiar with this error message anyone serving the web 404

error message anyone serving the web 404

error message anyone serving the web 404 page not found exactly do you know did

page not found exactly do you know did

page not found exactly do you know did you know that it’s it’s been included in

you know that it’s it’s been included in

you know that it’s it’s been included in the world wide web actually since day

the world wide web actually since day

the world wide web actually since day one the 404 page not found error is

one the 404 page not found error is

one the 404 page not found error is really part of the HTTP protocol and

really part of the HTTP protocol and

really part of the HTTP protocol and it’s it’s important to know that it will

it’s it’s important to know that it will

it’s it’s important to know that it will not only tell the end user that the

not only tell the end user that the

not only tell the end user that the information could not be found but more

information could not be found but more

information could not be found but more importantly in the header of the page

importantly in the header of the page

importantly in the header of the page just before you see the whole page it

just before you see the whole page it

just before you see the whole page it will tell your browser or your your

will tell your browser or your your

will tell your browser or your your clients and will tell its hotel machines

clients and will tell its hotel machines

clients and will tell its hotel machines basically that the page is not found and

basically that the page is not found and

basically that the page is not found and that there is no page at that location

that there is no page at that location

that there is no page at that location this enables search engines to this

this enables search engines to this

this enables search engines to this enable search engines to actually learn

enable search engines to actually learn

enable search engines to actually learn and see that the page is no longer there

and see that the page is no longer there

and see that the page is no longer there so they can remove it from their index

so they can remove it from their index

so they can remove it from their index this is sort of mechanism the way how

this is sort of mechanism the way how

this is sort of mechanism the way how the World Wide Web works but what most

the World Wide Web works but what most

the World Wide Web works but what most people don’t realize and don’t know is

people don’t realize and don’t know is

people don’t realize and don’t know is there’s also payment or sorry error 402

there’s also payment or sorry error 402

there’s also payment or sorry error 402 payment required if you look in the

payment required if you look in the

payment required if you look in the official spec it says for future

official spec it says for future

official spec it says for future implementation but honestly that was

implementation but honestly that was

implementation but honestly that was written 27 years ago there’s more than a

written 27 years ago there’s more than a

written 27 years ago there’s more than a quarter’s quarter of century ago and the

quarter’s quarter of century ago and the

quarter’s quarter of century ago and the original idea was for the web to have a

original idea was for the web to have a

original idea was for the web to have a payment system to have a way that for

payment system to have a way that for

payment system to have a way that for example if you would visit this

example if you would visit this

example if you would visit this sponsored page and you would look at

sponsored page and you would look at

sponsored page and you would look at this commercial that in return for

this commercial that in return for

this commercial that in return for watching or for in return for your time

watching or for in return for your time

watching or for in return for your time you would get some micro credits micro

you would get some micro credits micro

you would get some micro credits micro payments unfortunately with the current

payments unfortunately with the current

payments unfortunately with the current states of payment systems on the

states of payment systems on the

states of payment systems on the Internet this is impossible all those

Internet this is impossible all those

Internet this is impossible all those credit cards and PayPal and Apple pay

credit cards and PayPal and Apple pay

credit cards and PayPal and Apple pay and whatever whatever comes up they’re

and whatever whatever comes up they’re

and whatever whatever comes up they’re always layered on top of the existing

always layered on top of the existing

always layered on top of the existing banking system a system which is very

banking system a system which is very

banking system a system which is very suspect about fraud really because

suspect about fraud really because

suspect about fraud really because people can just create their own credit

people can just create their own credit

people can just create their own credit card number using a card generator or

card number using a card generator or

card number using a card generator or they might be able to they might be able

they might be able to they might be able

they might be able to they might be able to do payments online but they won’t be

to do payments online but they won’t be

to do payments online but they won’t be able to do micro payments online because

able to do micro payments online because

able to do micro payments online because most banking systems struggle with

most banking systems struggle with

most banking systems struggle with payments smaller than one cents so for

payments smaller than one cents so for

payments smaller than one cents so for this reason bitcoin would be the great

this reason bitcoin would be the great

this reason bitcoin would be the great equalizer or merit moremore best betters

equalizer or merit moremore best betters

equalizer or merit moremore best betters better put cryptocurrencies in general

better put cryptocurrencies in general

better put cryptocurrencies in general so bitcoin any blockchain technology

so bitcoin any blockchain technology

so bitcoin any blockchain technology would basically help to enable a payment

would basically help to enable a payment

would basically help to enable a payment layer for the World Wide Web

layer for the World Wide Web

layer for the World Wide Web because once we enable this payment

because once we enable this payment

because once we enable this payment layer for the World Wide Web websites

layer for the World Wide Web websites

layer for the World Wide Web websites offering a product for sale we’ll be

offering a product for sale we’ll be

offering a product for sale we’ll be able to tell machines how much this

able to tell machines how much this

able to tell machines how much this product would costs so the vending

product would costs so the vending

product would costs so the vending machines of the future and the

machines of the future and the

machines of the future and the self-driving taxi of the future will

self-driving taxi of the future will

self-driving taxi of the future will actually be able to make decisions from

actually be able to make decisions from

actually be able to make decisions from for themselves not only share

for themselves not only share

for themselves not only share information like they do on the World

information like they do on the World

information like they do on the World Wide Web or on the internet of things

Wide Web or on the internet of things

Wide Web or on the internet of things they actually be part of our economy so

they actually be part of our economy so

they actually be part of our economy so if we have a self-driving taxi of the

if we have a self-driving taxi of the

if we have a self-driving taxi of the future the self-driving texture of the

future the self-driving texture of the

future the self-driving texture of the we’ll be able to pay for its own charge

we’ll be able to pay for its own charge

we’ll be able to pay for its own charge at the end of the night and if somebody

at the end of the night and if somebody

at the end of the night and if somebody tips it we’ll be able to maybe afford

tips it we’ll be able to maybe afford

tips it we’ll be able to maybe afford itself a whiff of fresh car sense next

itself a whiff of fresh car sense next

itself a whiff of fresh car sense next time it’s at the at the weekly car wash

time it’s at the at the weekly car wash

time it’s at the at the weekly car wash or the self you know the autonomous

or the self you know the autonomous

or the self you know the autonomous vending machine of the future might be

vending machine of the future might be

vending machine of the future might be able to search the web for deals and

able to search the web for deals and

able to search the web for deals and special prizes if certain products in if

special prizes if certain products in if

special prizes if certain products in if it needs refilling or it might be able

it needs refilling or it might be able

it needs refilling or it might be able to use deep learning algorithms and to

to use deep learning algorithms and to

to use deep learning algorithms and to decide that it wants to have a slight

decide that it wants to have a slight

decide that it wants to have a slight change in his in its product these

change in his in its product these

change in his in its product these things are currently impossible because

things are currently impossible because

things are currently impossible because the web needs a payment layer and for

the web needs a payment layer and for

the web needs a payment layer and for this to succeed I would suggest that we

this to succeed I would suggest that we

this to succeed I would suggest that we look at the world wide web it’s been 27

look at the world wide web it’s been 27

look at the world wide web it’s been 27 years since it was invented we changed

years since it was invented we changed

years since it was invented we changed the way we work

the way we work

the way we work drink or eat play it totally changed the

drink or eat play it totally changed the

drink or eat play it totally changed the way we live so for the next generation

way we live so for the next generation

way we live so for the next generation of the web to succeed we need to give it

of the web to succeed we need to give it

of the web to succeed we need to give it the payment layer it really asked for

the payment layer it really asked for

the payment layer it really asked for since the day it was founded really for

since the day it was founded really for

since the day it was founded really for all those others next time you hear

all those others next time you hear

all those others next time you hear Bitcoin don’t be like me and think about

Bitcoin don’t be like me and think about

Bitcoin don’t be like me and think about the crazy tassels or flippo’s have a

the crazy tassels or flippo’s have a

the crazy tassels or flippo’s have a good look at it it’s really worth your

good look at it it’s really worth your

good look at it it’s really worth your time maybe get a get a few euros and

time maybe get a get a few euros and

time maybe get a get a few euros and purchase yourself some bitcoins spend

purchase yourself some bitcoins spend

purchase yourself some bitcoins spend them to your neighbor buy something

them to your neighbor buy something

them to your neighbor buy something pretty for it and save the rest for

pretty for it and save the rest for

pretty for it and save the rest for later because it might be the best

later because it might be the best

later because it might be the best investment you’ve ever made thank you

investment you’ve ever made thank you

investment you’ve ever made thank you this is

”

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