From Aug 17th in NYC: This was the first panel of the day where Bobby Lee and I decided to focus on what a Blockchain actually is (aka Blockchain vs. Bitcoin is usually the tittle). As I’ve said before, I go by Satoshi’s definition, so “Proof of Work” (PoW) is necessary for you to be called a Blockchain. If your project does not have Proof of Work, then it is either some kind of a database or a public Proof of Stake (PoS) system. I do not really know how to classify PoS but I stand by my comments that there is nothing technologically innovative about PoS and believing anything economic can run on it is equivalent to believing in Unicorns & Mermaids.

Here is the video, I was going to say something to the woman on the panel that suggested to put people on the Blockchain but time was limited.