[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:00.03,0:00:02.22,Default,,0000,0000,0000,,the top successful tech companies in the
Dialogue: 0,0:00:02.22,0:00:04.08,Default,,0000,0000,0000,,world control the majority of the data
Dialogue: 0,0:00:04.08,0:00:06.63,Default,,0000,0000,0000,,but in the largest country in the world
Dialogue: 0,0:00:06.63,0:00:08.73,Default,,0000,0000,0000,,these companies are non-existent in
Dialogue: 0,0:00:08.73,0:00:11.79,Default,,0000,0000,0000,,China it is common to find copies of
Dialogue: 0,0:00:11.79,0:00:13.44,Default,,0000,0000,0000,,some of the world's most popular
Dialogue: 0,0:00:13.44,0:00:17.18,Default,,0000,0000,0000,,companies WeChat Alibaba Baidu
Dialogue: 0,0:00:17.18,0:00:20.43,Default,,0000,0000,0000,,Anjaani are hardly original ideas but
Dialogue: 0,0:00:20.43,0:00:22.53,Default,,0000,0000,0000,,they dominate China's tech industry and
Dialogue: 0,0:00:22.53,0:00:23.91,Default,,0000,0000,0000,,make up for some of their most
Dialogue: 0,0:00:23.91,0:00:27.09,Default,,0000,0000,0000,,successful companies ultimately any
Dialogue: 0,0:00:27.09,0:00:28.98,Default,,0000,0000,0000,,country that doesn't want to stop
Dialogue: 0,0:00:28.98,0:00:31.32,Default,,0000,0000,0000,,innovation won't ban crypto in
Dialogue: 0,0:00:31.32,0:00:33.60,Default,,0000,0000,0000,,perpetuity which is why I don't believe
Dialogue: 0,0:00:33.60,0:00:36.42,Default,,0000,0000,0000,,the China ban will last forever they
Dialogue: 0,0:00:36.42,0:00:38.28,Default,,0000,0000,0000,,will regulate the industry within their
Dialogue: 0,0:00:38.28,0:00:40.86,Default,,0000,0000,0000,,own country and back a company that is
Dialogue: 0,0:00:40.86,0:00:43.53,Default,,0000,0000,0000,,best for their citizens introducing neo
Dialogue: 0,0:00:43.53,0:00:45.92,Default,,0000,0000,0000,,the etherium of China a blockchain
Dialogue: 0,0:00:45.92,0:00:48.60,Default,,0000,0000,0000,,platform dedicated to creating the smart
Dialogue: 0,0:00:48.60,0:00:51.33,Default,,0000,0000,0000,,economy Neos leadership is an ongoing
Dialogue: 0,0:00:51.33,0:00:53.61,Default,,0000,0000,0000,,talks with the government and currently
Dialogue: 0,0:00:53.61,0:00:55.89,Default,,0000,0000,0000,,helping the regulators with blockchain
Dialogue: 0,0:00:55.89,0:00:58.47,Default,,0000,0000,0000,,consulting as a more centralized
Dialogue: 0,0:00:58.47,0:01:00.51,Default,,0000,0000,0000,,blockchain neo keeps the conversation
Dialogue: 0,0:01:00.51,0:01:02.76,Default,,0000,0000,0000,,going with the government to make sure
Dialogue: 0,0:01:02.76,0:01:06.03,Default,,0000,0000,0000,,their regulatory compliant in my opinion
Dialogue: 0,0:01:06.03,0:01:08.37,Default,,0000,0000,0000,,no blockchain will be able to complete
Dialogue: 0,0:01:08.37,0:01:11.03,Default,,0000,0000,0000,,industrial adoption if they are 100%
Dialogue: 0,0:01:11.03,0:01:14.61,Default,,0000,0000,0000,,decentralized neo central importance is
Dialogue: 0,0:01:14.61,0:01:17.43,Default,,0000,0000,0000,,on creating digital identities agreed
Dialogue: 0,0:01:17.43,0:01:19.50,Default,,0000,0000,0000,,upon by the international standards in
Dialogue: 0,0:01:19.50,0:01:22.80,Default,,0000,0000,0000,,securing them on their blockchain this
Dialogue: 0,0:01:22.80,0:01:25.20,Default,,0000,0000,0000,,focus on digital identities makes neo
Dialogue: 0,0:01:25.20,0:01:27.33,Default,,0000,0000,0000,,more centralized than aetherium and
Dialogue: 0,0:01:27.33,0:01:29.34,Default,,0000,0000,0000,,gives them the ability to be compliant
Dialogue: 0,0:01:29.34,0:01:31.17,Default,,0000,0000,0000,,with the Chinese government's
Dialogue: 0,0:01:31.17,0:01:34.02,Default,,0000,0000,0000,,regulations now neo has been able to
Dialogue: 0,0:01:34.02,0:01:36.24,Default,,0000,0000,0000,,take the ideas of aetherium and make
Dialogue: 0,0:01:36.24,0:01:36.81,Default,,0000,0000,0000,,them better
Dialogue: 0,0:01:36.81,0:01:39.24,Default,,0000,0000,0000,,a few compelling reasons neo is more
Dialogue: 0,0:01:39.24,0:01:41.94,Default,,0000,0000,0000,,advanced than aetherium includes the way
Dialogue: 0,0:01:41.94,0:01:45.18,Default,,0000,0000,0000,,Neil's network is run when powering the
Dialogue: 0,0:01:45.18,0:01:47.70,Default,,0000,0000,0000,,etherium blockchain users send pieces of
Dialogue: 0,0:01:47.70,0:01:50.10,Default,,0000,0000,0000,,ether known as gas to help send
Dialogue: 0,0:01:50.10,0:01:51.90,Default,,0000,0000,0000,,transactions through the network
Dialogue: 0,0:01:51.90,0:01:54.45,Default,,0000,0000,0000,,if you send one-eighth to someone they
Dialogue: 0,0:01:54.45,0:01:57.22,Default,,0000,0000,0000,,only receive about 0.99
Dialogue: 0,0:01:57.22,0:02:00.07,Default,,0000,0000,0000,,however on the Neil blockchain there is
Dialogue: 0,0:02:00.07,0:02:02.71,Default,,0000,0000,0000,,a separate gas token that carries out
Dialogue: 0,0:02:02.71,0:02:05.53,Default,,0000,0000,0000,,all the operations because of Neos proof
Dialogue: 0,0:02:05.53,0:02:07.93,Default,,0000,0000,0000,,of steak platform it takes nearly zero
Dialogue: 0,0:02:07.93,0:02:09.93,Default,,0000,0000,0000,,energy for transactions to take place
Dialogue: 0,0:02:09.93,0:02:12.94,Default,,0000,0000,0000,,which is why it is essentially free to
Dialogue: 0,0:02:12.94,0:02:16.06,Default,,0000,0000,0000,,send and receive neo in the end neo
Dialogue: 0,0:02:16.06,0:02:18.40,Default,,0000,0000,0000,,holders receive these gas tokens as a
Dialogue: 0,0:02:18.40,0:02:20.68,Default,,0000,0000,0000,,way of staking their neo tokens and
Dialogue: 0,0:02:20.68,0:02:23.95,Default,,0000,0000,0000,,securing the network so basically your
Dialogue: 0,0:02:23.95,0:02:26.20,Default,,0000,0000,0000,,investment in neo gains you interest as
Dialogue: 0,0:02:26.20,0:02:28.93,Default,,0000,0000,0000,,gas because of this unique proof of
Dialogue: 0,0:02:28.93,0:02:29.95,Default,,0000,0000,0000,,stake action
Dialogue: 0,0:02:29.95,0:02:32.14,Default,,0000,0000,0000,,Neos block chain runs considerably
Dialogue: 0,0:02:32.14,0:02:35.02,Default,,0000,0000,0000,,faster than aetherium x' at 1,000
Dialogue: 0,0:02:35.02,0:02:37.15,Default,,0000,0000,0000,,transactions per second with the goal of
Dialogue: 0,0:02:37.15,0:02:40.03,Default,,0000,0000,0000,,reaching 100,000 transactions per second
Dialogue: 0,0:02:40.03,0:02:42.67,Default,,0000,0000,0000,,lastly one of the best ways to create
Dialogue: 0,0:02:42.67,0:02:44.68,Default,,0000,0000,0000,,mass adoption is partnering with
Dialogue: 0,0:02:44.68,0:02:47.92,Default,,0000,0000,0000,,existing institutions and companies Neos
Dialogue: 0,0:02:47.92,0:02:50.68,Default,,0000,0000,0000,,best partnership could be on chain the
Dialogue: 0,0:02:50.68,0:02:52.93,Default,,0000,0000,0000,,company dedicated to bringing blockchain
Dialogue: 0,0:02:52.93,0:02:55.42,Default,,0000,0000,0000,,to businesses they are responsible and
Dialogue: 0,0:02:55.42,0:02:57.55,Default,,0000,0000,0000,,helping neo lock down many impressive
Dialogue: 0,0:02:57.55,0:03:00.70,Default,,0000,0000,0000,,partnerships including Microsoft of
Dialogue: 0,0:03:00.70,0:03:03.99,Default,,0000,0000,0000,,China the Japanese Ministry of Economy
Dialogue: 0,0:03:03.99,0:03:07.36,Default,,0000,0000,0000,,Alibaba fo soon group China's largest
Dialogue: 0,0:03:07.36,0:03:09.79,Default,,0000,0000,0000,,private conglomerate and the Chinese
Dialogue: 0,0:03:09.79,0:03:12.45,Default,,0000,0000,0000,,regional government neo is currently
Dialogue: 0,0:03:12.45,0:03:15.76,Default,,0000,0000,0000,,$100 and has a circulating supply of 65
Dialogue: 0,0:03:15.76,0:03:18.31,Default,,0000,0000,0000,,million tokens if they were to grow at
Dialogue: 0,0:03:18.31,0:03:20.38,Default,,0000,0000,0000,,the same rate as aetherium it would be
Dialogue: 0,0:03:20.38,0:03:24.31,Default,,0000,0000,0000,,around $500 in August when China opens
Dialogue: 0,0:03:24.31,0:03:27.13,Default,,0000,0000,0000,,up icos and blockchain development there
Dialogue: 0,0:03:27.13,0:03:29.14,Default,,0000,0000,0000,,will be a major shift in the market
Dialogue: 0,0:03:29.14,0:03:32.29,Default,,0000,0000,0000,,since before the ban China made up for a
Dialogue: 0,0:03:32.29,0:03:34.24,Default,,0000,0000,0000,,majority of the crypto trading volume
Dialogue: 0,0:03:34.24,0:03:37.00,Default,,0000,0000,0000,,worldwide but thinking Neil will replace
Dialogue: 0,0:03:37.00,0:03:38.80,Default,,0000,0000,0000,,aetherium is unrealistic
Dialogue: 0,0:03:38.80,0:03:41.02,Default,,0000,0000,0000,,there is always room for competition and
Dialogue: 0,0:03:41.02,0:03:43.39,Default,,0000,0000,0000,,competition is good for the industry
Dialogue: 0,0:03:43.39,0:03:46.69,Default,,0000,0000,0000,,however with China's population of 1.3
Dialogue: 0,0:03:46.69,0:03:48.94,Default,,0000,0000,0000,,billion people paired with the quick
Dialogue: 0,0:03:48.94,0:03:51.43,Default,,0000,0000,0000,,growing economy what will happen to neo
Dialogue: 0,0:03:51.43,0:03:52.93,Default,,0000,0000,0000,,when China clears their ban on
Dialogue: 0,0:03:52.93,0:03:54.04,Default,,0000,0000,0000,,cryptocurrency
Dialogue: 0,0:03:54.04,0:03:56.86,Default,,0000,0000,0000,,or even more fascinating what will
Dialogue: 0,0:03:56.86,0:03:58.90,Default,,0000,0000,0000,,happen if China's government is
Dialogue: 0,0:03:58.90,0:04:00.73,Default,,0000,0000,0000,,lucha's neo as their number-one
Dialogue: 0,0:04:00.73,0:04:04.20,Default,,0000,0000,0000,,blockchain inside of the Great Firewall
Dialogue: 0,0:04:04.20,0:04:08.15,Default,,0000,0000,0000,,[Music]
Dialogue: 0,0:04:17.21,0:04:19.83,Default,,0000,0000,0000,,hey guys max Bart here thanks for
Dialogue: 0,0:04:19.83,0:04:21.45,Default,,0000,0000,0000,,checking out the video and I want to
Dialogue: 0,0:04:21.45,0:04:23.55,Default,,0000,0000,0000,,give a quick shout out to everyone that
Dialogue: 0,0:04:23.55,0:04:26.94,Default,,0000,0000,0000,,voted for this neo video basically we
Dialogue: 0,0:04:26.94,0:04:29.10,Default,,0000,0000,0000,,have a private Facebook group where I
Dialogue: 0,0:04:29.10,0:04:32.16,Default,,0000,0000,0000,,pose a few questions last week I posted
Dialogue: 0,0:04:32.16,0:04:35.37,Default,,0000,0000,0000,,a poll what video I should do next you
Dialogue: 0,0:04:35.37,0:04:37.29,Default,,0000,0000,0000,,guys voted for Neil so that's what you
Dialogue: 0,0:04:37.29,0:04:39.45,Default,,0000,0000,0000,,got if you guys are not a part of the
Dialogue: 0,0:04:39.45,0:04:41.70,Default,,0000,0000,0000,,Facebook group check that out link is in
Dialogue: 0,0:04:41.70,0:04:43.92,Default,,0000,0000,0000,,the description join that and vote for
Dialogue: 0,0:04:43.92,0:04:46.62,Default,,0000,0000,0000,,the next video that I will do so with
Dialogue: 0,0:04:46.62,0:04:48.48,Default,,0000,0000,0000,,that being said if this video helped you
Dialogue: 0,0:04:48.48,0:04:50.16,Default,,0000,0000,0000,,out at all please leave us a like and
Dialogue: 0,0:04:50.16,0:04:52.74,Default,,0000,0000,0000,,let us know in the comments section if
Dialogue: 0,0:04:52.74,0:04:54.09,Default,,0000,0000,0000,,there's anything we can help you out
Dialogue: 0,0:04:54.09,0:04:56.76,Default,,0000,0000,0000,,with and you know maybe I'll maybe I'll
Dialogue: 0,0:04:56.76,0:04:59.67,Default,,0000,0000,0000,,do a few videos on blockchain technology
Dialogue: 0,0:04:59.67,0:05:02.22,Default,,0000,0000,0000,,and stuff like wallets and that kind of
Dialogue: 0,0:05:02.22,0:05:04.38,Default,,0000,0000,0000,,stuff instead of you know reviewing and
Dialogue: 0,0:05:04.38,0:05:07.29,Default,,0000,0000,0000,,going over views of coins now with that
Dialogue: 0,0:05:07.29,0:05:10.35,Default,,0000,0000,0000,,being said I did miss a few things about
Dialogue: 0,0:05:10.35,0:05:13.38,Default,,0000,0000,0000,,me oh so do your due diligence double
Dialogue: 0,0:05:13.38,0:05:16.17,Default,,0000,0000,0000,,check other stuff I'll leave a bunch of
Dialogue: 0,0:05:16.17,0:05:18.47,Default,,0000,0000,0000,,links in the description in the bio
Dialogue: 0,0:05:18.47,0:05:20.97,Default,,0000,0000,0000,,whatever it's called so you guys can
Dialogue: 0,0:05:20.97,0:05:23.70,Default,,0000,0000,0000,,check out other articles videos and that
Dialogue: 0,0:05:23.70,0:05:25.44,Default,,0000,0000,0000,,kind of stuff neo is a really cool
Dialogue: 0,0:05:25.44,0:05:27.63,Default,,0000,0000,0000,,project I learned a lot just by making
Dialogue: 0,0:05:27.63,0:05:29.94,Default,,0000,0000,0000,,this video so yeah guys check it out
Dialogue: 0,0:05:29.94,0:05:32.13,Default,,0000,0000,0000,,have some fun and that's all I have to
Dialogue: 0,0:05:32.13,0:05:33.30,Default,,0000,0000,0000,,say for today guys
Dialogue: 0,0:05:33.30,0:05:36.96,Default,,0000,0000,0000,,this is Vali Krypto I'm max bard Bally
Dialogue: 0,0:05:36.96,0:00:00.00,Default,,0000,0000,0000,,out