24. Conclusion

MIT 15.S12 Blockchain and Money, Fall 2018
Instructor: Prof. Gary Gensler
View the complete course: ocw.mit.edu/15-S12F18
KZbin Playlist: • MIT 15.S12 Blockchain ...
Prof. Gensler gives an overview of the class, touching on money and ledgers, the economics of blockchain technology, financial sector opportunities, crypto finance, and public policy.
License: Creative Commons BY-NC-SA
More information at ocw.mit.edu/terms
More courses at ocw.mit.edu

[@fib6156]

Millions of people watched the first episode. Only 26k, the moment of this writing, this episode. People are too lazy to go through the entire course. That is the reason adaption is slow. I am happy about that, as it created and creates time for me to increase my bitcoin possession. Thank you Gary Gensler. You will never ban bitcoin and you understand it better than me. After watching the entire course in 2020 it became a no brainer to me that bitcoin is something organic, it adapts and won't go away.

[@Videooogaaaamsh]

I finally finished all lectures and readings. Thank you Gary and MIT for a great learning experience. This course was presented so well and the information is still very much relevant today. Congrats to everyone else for making it to the end.

[@tobiasfan5407]

such a cool guy... thanks again MIT. congrats to everyone that made it this far :D

[@xrpkidotec520]

Hell yeah!!! Am so happy. I've watched em all. Now i will be youtube certified in the theory of blockchain technology!!😁

[@roilhead]

@@xrpkidotec520 Gary's lesson on how to give ETH and BTC a free pass and take the rest out.

[@trufflecappuccino]

He’s NOT cool, his aim is to control and destroy crypto as a service to his Wall Street friends.

[@tezausbra8]

One of the best lecturers I have seen,; his ability to get across complicated subjects and keeping 100% engagement, from the class throughout the entire programme is truly incredible.

[@rafaelcuadras2102]

Gary, thanks for everything my man. You nailed it. Took this class during the COVID quantine and learned a lot. Also thanks to all the students for all of their inputs.

[@sriramanandakrishnan8955]

Wow. Felt like I am attending the last day of my college and going to miss the professor. Thanks MIT 🙏

[@tomphelps4538]

This was a wonderful insightful class. Thank you MIT,Gary Gensler, and Class. I’m a fan of Pay it Forward- A great ending!!

[@mitocw]

Glad you enjoyed it!

[@WGchamara]

I finished all 24 lectures. Thank you MIT & prof. Gary Gensler for this wonderful program. Congratulations to everyone who made it to the end and gained invaluable knowledge🎉🎉🎉.

[@philipp9373]

This has been a really valuable course, Thank you!

[@devdattabidkar5186]

I made it to the final class, Yay! Gary, thanks for everything, my man. You nailed it. Took this class during the COVID quarantine and learned a lot. Also thanks to all the students for all of their inputs.

[@cauebraga]

Thank you Professor Gensler and MIT! This course was one of the biggest gifts I've ever gotten 🇧🇷🇧🇷🇧🇷

[@Gigaloader]

Thanks for putting this together and make it free available on youtube! Gensler is definitely a good teacher.

[@dailymanager7133]

Thanks prof. Gensler for these VALUE ADDED videos IMO, Blockchain and Cryptocurrency will be the key factor for Evolving and Digitalization

[@Nyght-08]

I'm so glad I took this course. Blockchain is such an amazing and much needed technology, and this course provided insights in a very organized way. Moreover, I really felt like I was part of this class. MIT, thank you so much for making this an open course. Gary Gensler, thank you for being the amazing professor that you are; articulate, humorous, patient, thoughtful and clear. Only a few percentage will understand how much you've contributed to the Blockchain space (especially now as head of the SEC - year 2022). Greetings from Lebanon!

[@kaiguo1614]

I am here too, very glad to spent social distancing time to this great course.

[@rafaelcuadras2102]

Where did you take it from? Im in Mexico near the border with California.

[@tommybo4699]

@@rafaelcuadras2102 NICE. I'm in Orange County right now.

[@rafaelcuadras2102]

@@tommybo4699 That's cool

[@tommybo4699]

@@rafaelcuadras2102 I hope everything is well! Blockchain is the future.

[@Bartoleoo]

Thanks Gary and MIT for the journey you took us about blockchain.

[@arjunps6776]

Wow.. I finished all the lectures of this course. Many thanks to Prof./Chairman Gensler and MIT. I learned a lot about money and Blockchain through this course. This was three years ago and many changes have taken place in the crypto space in the meantime but it was still very useful. Thanks once again from India.

[@leematthews6812]

Congratulations to Gary Gensler on his appointment as SEC chair.

[@roilhead]

This hasn't aged well.

[@JoeHeine]

@@roilhead exactly. So many sheep in this comment section

[@LongTheRevolution]

To the lady at 4:30 mark. If you read this. The central bank is the liablity. At the end of the day state and finance Dont mix because man can't be trusted. The code at the core helps mitigate trust and that will hold the most value. Cheers

[@RegularAlien100]

It's been a great journey led by Gary Gensler, he is a wonderful lecturer and communicator. Thank you, MIT, Gary Gensler, and class.

[@JorgeRamos-xw6dy]

His style of teaching is inspiring. No wonder MIT is such a prestigious institution. The students must be incredibly intelligent to be accepted to such a school add to that the great professors and you have a world class education. I am incredibly grateful that I too get to benefit from such great lectures.

[@TheGeorx]

thank you MIT, Gary and KZbin algorithm

[@AlexOrlovClimbingPT]

Thanks MIT and Gary! Amazing course, still relevant today! Hats off!

[@allananatoli]

Great lecture series. Thanks MIT and Prof Gary Gensler. I really like how he rephrased the students' questions before answering - a great skills that surely comes from experience. :)

[@randomcat5262]

first vid has millions of views, this has 20k views. so each person who made it here deserves to be congratulated

[@seve5479]

Great course, Gary is a fantastic teacher and the MIT students are really on point with the questions!

[@pablomarani3799]

One thing to note about this course (besides the specific matter taught) is Gary Gensler's incredible ability to listen and connect the dots.

[@decapoli156]

Thanks Gary and all the MIT students that asked questions/added to the topic. It has been great!

[@marknarramore1287]

Thank you for this course MIT. I wish Gary the best of luck in his new role at SEC

[@TKr.C98]

Finally made it to the end. Learned a lot! Now I know more than what i did a week ago. Special Thanks to prof. Gensler and MIT for this free course.

[@solidsnake710]

Amazing course, stumbled upon it 2 weeks ago. Couldn’t stop until the last session. Thank you MIT. Thank you Mr Gensler, thank you students. I’m happy to see that some of your projects saw the light in real world ☺️.

[@centaliu1]

Although I don't quite understand those discussions that related to finance, but Gary is the best professor among all open course I ever take. Thank you, professor.

[@johnbourke]

Thankful to have access to all this great information. Thank you Gary and thank you MIT. What a treat.

[@CMRHM]

I learned so much from this course, like traditional database, permissioned and permission-less database. Thank you sir, Gary Gensler, i am looking forward to seeing your achievement for regulating crypto in year 2021 and beyond.

[@MrSagarkhetiya]

This was just awesome. Huge thank you to MIT, Prof Gensler and KZbin!

[@rp3875]

Thanks MIT. Awesome readings, questions and generally great content. I have learnt a lot and complemented it with a paid online MIT Blockchain course. Really encouraged critical thinking about this very hyped up, very technical field.

[@gawiga]

Great course! ❤ Gary is an amazing teacher, keeping the audience engaged, and the content addresses both the technical side and the business side of the blockchain technology. All of this, for free! Happy to watch all of it here in Brazil. Thanks MIT.

[@patrickliou5942]

fantastic course. thank you Gary and MIT!

[@abdimondan]

Thankyou MIT, Prof. Gary, & everyone in the class!!

[@sreesub]

Interesting course. I enjoyed listening to it. I wish the engineering side also has a course on this and does a deep dive on optimal blockchain design. Also majority of students seem to be on the "minimalist" side. I wonder if they are still there as Bitcoin is worth 10x when the course ended :-)

[@islammurtazaev4891]

Thanks so much to Gary Gensler and the whole MIT team that was involved in making this course.

[@unknownyou3828]

I see.. so you have made it through until this far my fellow brothers.. From 1.9million views to 12k views(+ 352 like, 1 infidel, and 42 comments) You are clearly the 0.63%, the laststanders. Others will give up, but you are not. You are will change the world in the future.

[@gabriellugo4128]

And make bank

[@RiptideMusicOfficial]

3.7m views to 22k views is currently 0.594594594% or, a drop of -0.035405405%. Less people finishing despite more people watching in general. Fascinating.

[@fib6156]

@@RiptideMusicOfficial 0.66% now;)

[@sunriseeternity300]

Thank You MIT., Gary Gensler and everyone who spoke in the class.

[@tnameh07]

Thank you Gary for such great lectures and thank you MIT for making it available to everyone.

[@lywylb]

finally made it to this lecture. thanks Prof Gensler!

[@anthonyiroegbu407]

Just finished this course in 2022. Well taught course by Prof. Gary Gensler. Thanks MIT. I learnt a whole lot about Blockchain, Banking and Finance.

[@brainstormingsharing1309]

Absolutely well done and definitely keep it up!!! 👍👍👍👍👍

[@jausing]

Loved the course, thanks for making this avaliable.

[@MrFaiqueShakil]

Thank you, MIT for this wonderful 15.S12 One of the best course that I enjoyed. Prof. Gary made this course very interesting.

[@aviator9514]

Absolutely great course Perfect introduction to the whole area of blockchain and related technologies I really enjoyed both the lecturer(s) and the engagement of the audience

[@Infinitenothingness180]

Thanks you Prof. Gensler and MIT.. It was a fantastic course !

[@yashjoshi5698]

Thank you Prof. Gensler and thank you MIT and all the students, really enjoyed this course :)

[@user-oi3rk9nw6z]

Thank you for such an amazing opportunity, MIT !

[@samrudhnayak6482]

Thank you MIT and Gary Gensler for this class. Very valuable course!

[@markdodson5432]

Thank you to Gary Gensler and MIT. Fantastic course.

[@christianobi98]

Gary gansler is such an amazing guy, I'm really happy that i listened to this course till the end. Advice,if you're really busy play this course as an audio file. That way you can always catch multitask 😊😊😊😊.

[@51star]

Thank you Prof. Gary Gensler & MIT #FollowOut

[@GB-jc1ek]

Great information. I now understand a bit more about blockchain , Thanks MIT for sharing this with us

[@PatrickJamesCasey]

MIT OpenCourseWare, thank you for making this content available. Excellent class, and the content remains relevant four years later.

[@devinzhang5828]

Fun and insightful class. Conclusion class is such a concise and great summary of the class. Thanks MIT and professor Gensler!

[@proce1193]

Thank you. Mr.Gensler and MIT.

[@learning7975]

Thanks MIT, Gary for a wonderful class on Bitcoin, Blockchain and money !!

[@jefflively2580]

Love learning. Gary and MIT you made it easy. Thank you.

[@alexkess8506]

Thank you MIT! This is a wonderful thing you do.

[@kandusantos9102]

Great course it is worth time and effort to understand blockchain but mainly finance, a good base to start oriented navigation in such a complex subjects

[@Chris-kq3ix]

We made it! Congrats to all the other geeks that made it this far! Thank you MIT! Now to search out a more traditional introductory course to finance! Let the learning continue!

[@YashChavanYC]

Super! Thanks a lot OCW

[@mojtabahatami5764]

very informative course. I learned a lot. Thanks Gary

[@anton2672]

Thanks for the course!

[@berajpatel8081]

Thank you Gary

[@andsama]

when he said "we're MIT" i got chills ..

[@yanstev]

Prescient in opinion about Cryptoexchanges, in context of FTX. Historic context of money and finance; current/failures/successes of block chain technology; and emphasis on critical thinking for creating/assessing use cases was illuminating. Big thumbs up! My only criticism is that it would be useful to increase the screen time of presentation slides, or have slides windowed to make it easier to follow some of the lecture.

[@fhoofe3245]

awesome course! wish the one missing lecture was filmed.

Amazing class. Thanks, MIT.

[@martiballester1884]

Thanks you for these amazing course

[@wydadiyoun]

Great course by Gary and Brodich!

[@luklauw]

Thank you prof Gensler and MIT. The course really filled me with the necessary knowledge on crypto assets. I just hope much of it will stick in my no-longer-young mind. Also thanks KZbin AI machine for suggesting this course to me in the first place.

[@riquedp]

Thanks for providing priceless information for free.

[@sonushetty2435]

Thank you Gary, this was helpful.

[@benriggan5267]

Thanks Gary, great class, great info!

[@alyhoussaini7773]

Done , Thanks Prof & Mit .

[@aminozuur]

1:05:38 the last minute was inspiring

[@bariswheel]

Thanks for sharing these

[@dreforeman1707]

Appreciate the lectures.

[@zoewang6369]

Anyone feeling sad watching the last lecture lol it's like the end of a movie... Thanks Gary!

[@mehadi811]

Thanks MIT and prof.gensler. If you've finished the whole course, and are planning to research more on the blockchain/cryptocurrency. Please leave the link here so i can follow too.

[@usseedhub]

thank you!

[@tomclover2288]

I enjoyed this course very much. Prof Gary Gensler presentations and the class participations gave a good balance views of this subject. It unfortunate that viewers like me are unable to participate in the interesting discussions or polls presented. Would there be a follow up or updated course on this since this course was presented on Fall 2018? Thanks again MIT for this interesting course!

[@itmarius_no]

Thanks!

[@akshatchandra60]

Thank you MIT!🙌

[@frankzifeng]

thank you

[@dimikay9361]

How about convertibility? And who controls the exits to the convertibility? would a sudden large convertibility to fiat create volatility and or even panic?

[@mrmagoo7326]

Learning we have a problem with social fabric. Not mentioned is failure of fiat system. Failure.... let’s define that and consequences. Social fabric problem. Power to the people.

[@pratiksawal2278]

I spent so much time on this and enjoyed it so much that I didn't know what to do next for a day or two.... Anyone has recommendations for next?

[@dukesofpreppercounty5297]

that was amazing! truly amazing....next time give Prof. Gensler a microphone just so he "can drop the 🎤 " after the Benjamin Franklin quote.

[@kasrashoughi5206]

hugo man, ik your portfolio on fire now . even if u had eth and bitcoin alone jesusss

[@SparksterWeb]

48:32 After five years, the market cap of Ethereum is at no.2 and XRP has dropped to no. 6. Solana was not in the slide back in 2018 and it is now at no.5. Bitcoin is still hanging there at no.1. Things can change fast within the Web3 arena.

[@saintchatpol]

Great course :D

[@Puneet120291]

Yay!! i made it to the final class !!

[@timpeterson175]

$100k when? Jk extraordinary series and wow I’m this guy is quite reasonable. Very good SEC