This is the second a part of the reply to the query: “What are the rules within Bitcoin?” How does strong consensus and decentralized decision-making have an effect on the predictability of the system? How does this evaluate to certainty and predictability inside conventional monetary establishments, comparable to rate of interest adjustments? I am unable to predict what the U.S. rates of interest can be subsequent 12 months, however I can predict what the speed of distribution (block reward) of bitcoin can be in 100 years.
Minutes from Federal Reserve assembly: https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20170614.pdf
Watch Part 1 right here: https://youtu.be/VnQu4uylfOs
This is a part of a chat which occurred on July seventh 2017 at a Bloktex occasion hosted by the Wisma BeeOn Group in Kuala Lumpur, Malaysia: https://antonopoulos.com/event/the-future-of-money-kuala-lumpur-malaysia/
Watch the total discuss right here: https://youtu.be/HaJ1hvon0E0
RELATED: Bitcoin: Where the Laws of Mathematics Prevail – https://youtu.be/HaJ1hvon0E0 Forkology: A Study of Forks for Newbies – https://youtu.be/rpeceXY1QBM SegWit, scaling, and consensus – https://youtu.be/Jc7mrR6AAto Fee market, SegWit, and scaling – https://youtu.be/zxt-FLzZPhg Scaling is a shifting goal – https://youtu.be/pT9kJq_Ogrk The scaling rites of passage – https://youtu.be/rZi86_ovB3Y What is the most important menace? – https://youtu.be/1-XUbH1F0Os Is Bitcoin a democracy? – https://youtu.be/TC3Hq76UT5g Governance trade-offs in decentralised methods – https://youtu.be/dtwaW79Fj7c Bitcoin & Blockchain in Norway – https://youtu.be/5ODDCx6VL2Y The finish of vampire-squid financing – https://youtu.be/yyXOQG5iNWo Rules vs. Rulers – https://youtu.be/9EEluhC9SxE The Currency Wars and Bitcoin’s Neutrality – https://youtu.be/Bu5Mtvy97-4 The Killer App: Engineering the Properties of Money – https://youtu.be/MxIrc1rxhyI
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has turn out to be one of the crucial well-known and well-respected figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/
He is the creator of two books: “Mastering Bitcoin,” printed by O’Reilly Media and regarded one of the best technical information to bitcoin; “The Internet of Money,” a e-book about why bitcoin issues.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 [NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388
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