How to Crypto with the CyberCode Twins | Sea of Change

How to Crypto with the CyberCode Twins | Sea of Change


(clapping) – [Film Crew] No no, clap once. – Okay. – [Man From Film Crew]
And just one big clap. (claps) – Hi, my name is America. – And I’m Penelope. – And we are the – [Both] CyberCode Twins. Look at those palm trees. – You know we’re in LA. – What? (laughter) (birds squawking) – We love to travel around the world and compete in different tech competitions also known as hackathons. They take about 24 to 36 hours, and you make a prototype or an app. We see more ourselves as makers, we just like to make things and see if the community needs it or not. And we love to work on
projects that we believe that would bring a lot of social impact. (ominous synth music) (driving techno music) – Through our journey in technology, we’ve been able to find economic stability and expand our tech capabilities. We encountered a hackathon where they started to have
virtual reality in it. And it was a very
completely new thing to us. We made a project called Sobriety Labs, cause we believe Alcoholic Anonymous should be actually be anonymous. So that way people can
receive group therapy in the privacy of their home. And receive tokens along the way. It was a really fascinating experience to present it to the Obama Administration. Tech area was there and they are like wow, this VR is really cool! – VR, actually it’s a
great platform for people to start learning how
to build their own world and definitely makes a
difference in how people learn. (guitar playing and singing) We both code from home when
it’s a virtual hackathon. – We live with our parents but we spend a lot of time in the RV. Coding is a way to tell
the computer what to do. To me, it’s like learning
a second language. – Why do we keep coding? Is that that’s how we love to learn. We love to meet new people. Hello, world! Welcome to the Crypto Kids Workshop! And today we are going to
be teaching you how to code before you start working with crypto. – We started to bring
others in our community. And you want to show that
it’s not very intimidating it can be very intimidating for kids, especially if their
parents have no experience. And I believe a lot of the
kids have a lot of grit, so they’re very excited, they
want to see a role model, they want to see somebody they trust. (crowd cheering and counting down) When we go to these hackathons,
we don’t see many Latinos. – We are the least demographic to consume educational content and to me it’s because
of financial stability but now you can participate
in these different economies that are powered by the blockchain, that’s how we fund ourselves. (record scratch) – What is a blockchain? – The blockchain is a
public transparent ledger that anybody can look at every
time transactions are made. It is a way for peer-to-peers to do transactions with each other without a third party present. The most popular blockchain
people are more familiar with is what’s called Bitcoin. That was released in 2009
because of the banking collapse which was The Great Recession of 2009. People trusted the banks, but it took about one third
of the generational wealth of black and brown families, so you have this generational wealth gap that’s widened even more since then. Our parents were victims
of a predatory loan, and we started looking
into different parts of the sharing economy to keep the house. I was looking, well,
what money is not owned by the government or by a country and Bitcoin started showing up. We were very interested in
how it can help the Unbank. (video game beeping) We started accumulating- – Bitcoin! – For about two years. then we cashed out a
portion of that crypto to actually complete our
parents’ second mortgage. – [Video Game Announcer] Winner! – We earn crypto
through every day activities. One of the most popular
applications for the blockchain is actually social media networks. You’re actually giving
crypto to other people. So, think of Instagram but for crypto there is
something called Steepshot where instead of people
giving each other Likes, they give each other crypto. We want to be able to earn from these different
social media networks. – A big fundamental use for a blockchain would be data privacy. There should be no reason
we should be having credit card hacks. There’s no reason to have any more of these payday loans that predetates the
underserved communities. – You don’t have to be in debt, schools can be changed in a way where you’re leaving with an investment. – There should be different ways for people to be able to earn an income. The countries who adopt
these cryptocurrencies better will do better for their people. – We’re educating government officials, we’re educating public education officials to help increase transparency
in how cities are run. Cities shouldn’t be in debt, actually, they should be building
on the new value economy. – The goal that we’re
trying to hit is 2030 on trying to hit these
sustainability goals to bridge the wealth gap, to help bring more diversity in the leading emerging technologies. (pensive synth music)

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