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ICO, The Growth of Bitcoin and the Blockchain Community: An Ivan Interview on Tech

Ivan Liljeqvist is an international speaker, software developer and founder of Ivan on Tech. On Ivan's channel, he broadcasts knowledge about Blockchain technology to hundreds of thousands of viewers. Cointelegraph's Stephen Chase met Ivan at this year's Blockshow Asia to talk about Blockchaining the world, understand Bitcoin and make the future better for everyone. . In addition, Ivan gives some tips on how you can get others involved in the community by giving a bit of bitcoin.

CT: Could you tell us a bit more about what you are doing? are not we here talking to each other?

IL: Thank you for having me here. Yes, I run YouTube channel Ivan on Tech where I talk about Blockchain technology, Bitcoin, Ethereum, the technology behind different Blockchain projects. I also do GitHub analyzes of different ICOs and established Blockchain projects.

In addition, I run a company called Stockholm Blockchain which is an educational company. We educate businesses, organizations and governments on how Blockchain technology can be applied and will be applied so that they are ready for the changes that come.

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IL: You really should understand the technology and understand the vision before investing in cryptocurrency, because it is a very volatile market, and if you do not have l & # 39; Experience technology or vision, it will be easy to be afraid and lose money in this area. an investor. So when I talk about vision, I'm talking about how it can be used to improve the financial system. Suddenly, there are people in many parts of the world who have no banking service and who have it now. Before, it did not matter if you were brilliant, or if you had a good team, if you had passion or if you were smart – it would be difficult for you to raise capital. But now, with the OICs and crowdfunding on the Blockchain, it's possible for the first time. Understanding how technology works and how it allows all these great things in the world is very important. Having this in mind, I think it's easier to invest in Bitcoin and not be influenced by the volatility of the market

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CT: What are the goals and challenges that the community faces?

IL: I think one of the biggest challenges is to bring the community together . We have a lot of crypto debates and Bitcoin discussions on how we should go from here, but in the end everything is all about unity. We must unite the community and move forward together because it all boils down to selling crypto-currencies to people who do not really understand crypto-currencies yet.

The number one goal should be massive adoption. Normal people who are not very advanced in technology or the whole community must understand that crypto-currencies are real and what they can do well in the world. We can do it by extending it. For example, a drug dealer would not just talk about drugs and quality by showing you a lot of graphics. He'll just say, try it. And then you become addicted. Similarly, the ease of use of cryptocurrencies leads to realizations of the potential of cryptocurrencies. So, certainly more people should be involved in the practice. And if you have Bitcoin, just give your friend ten or twenty dollars as a Christmas crypto gift.


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CT: We hear about how Blockchain could be the end of many jobs, how can it also be used to create

IL: We can remove a lot of middlemen and do business as equals. If we have smart contracts on the Blockchain we do not need as many intermediaries . I think that part of the population will have to find something else to do. Many people will have access to capital, crowdfunding – how many new ideas will be created in parts of the world that could not access capitals – business building teams … For me, the positive aspects Definitely outweigh the negatives. With all the technology, there will be jobs that will be displaced, new jobs will be created and there will be some sort of transition period. We will see completely new jobs and more and more people will be able to achieve their purpose and vision in life by now being able to use cryptocurrencies as banking services and be part of the global financial system.

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on the back of ICOs: advice from an expert

For Developers: Do Your Homework!

If you're thinking about an ICO, think about the properties Blockchain has and the benefits Blockchain gives you. These benefits are transparency, decentralization and immutability . If these properties match the problems you want to solve, go ahead. If you see that the problem you are solving does not need decentralization, does not need transparency and does not have to be immutable, just use a relational database regular. In this case, there is no need for Blockchain.

As an investor, think the same way because many projects will try to implement a token or make an ICO because it is easy to attract capital. It is important to think about these things and really to see if a project requires Blockchain

For Investors: Do your homework!

Learn the basics of GitHub even if you are not a programmer, just learn how it works to be able to go to a GitHub page and see the code of a project. If you are not a programmer, you will not be able to understand it, but at least you can get an idea of ​​the number of commits, when you look at the number of contributors – the frequency of the contributors. You can even learn to look at the actual code and see if it's only a few trivial changes such as name changes or just comments, or if it's real code that has been produced. Just learn how it works. Do you still ask do they really need Blockchain?

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CT: Thank you very much for joining us and coming to Cointelegraph Blockshow Asia.

IL: Thank you very much.