Blockchain, Like a Cloud Nobody Runs | BBS 2026 Day 2
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0:00A: So the same way that the Bitcoin works as a blockchain, that’s the technology underneath. It’s like a cloud server that nobody runs. And so as opposed to, you know, this video going on YouTube and being on Google servers somewhere and Google shuts down and my video is gone, the blockchain is meant to be like the bank. The bank can’t run on a server that can go out, you know, like that’s a bank that can fail you, right? And so the premise is, can we design a bank that has a decentralized cloud network, right? Where you could say every HBCU runs a server somewhere like, what do they call it, data center. HBCU runs a data center so that every Black person in the world can have like a bank that they know is like all the transactions are saved at every HBCU. And with Bitcoin, that works because, you know, if you try and say, oh, that’s not, that’s not his money, it’s my money, every other computer in the world who’s mining Bitcoin will be like, no, you’re a liar, you’re a bad actor, you should go to jail, you know. And you don’t really want to go to jail, so you’re not going to do that.
