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The Stories We Tell About Money


In this speak, Andreas recounts the historical past of Bitcoin and what it represents, constructing upon all of the tales we have been instructed over the centuries about what “money” is, how we understand its worth, and why the outdated solutions have modified as we regulate to this new world of digital peer-to-peer currencies. He additionally discusses world threats to financial stability and belief within the monetary system, together with demonetisation and wealth destruction via inflation.

This speak came about on the JW Marriott Sahar (International Airport) on March 26th 2017 in Mumbai, India: bitcoin-talk-by-the-world-famous-andreas-antonopoulos-203132″ goal=”_blank”>https://www.townscript.com/e/bitcoin-talk-by-the-world-famous-andreas-antonopoulos-203132

TOPICS: In the start… 00:00 Digital shortage 00:41 Peer-to-peer community 01:34 Solving the double-spending drawback 01:59 Cash, peer-to-peer with out intermediaries 04:10 People paying firms to perhaps pay individuals 04:34 The un-banked and the under-banked 05:28 Bitcoin – digital cash as money 06:08 What is cryptocurrency? 07:16 Independent self-verification 08:42 Why the Internet is particular – world free move of knowledge 10:24 Why Bitcoin is particular – world free move of cash 12:24 The weird points of conventional banking 13:34 Adjusting to this new world 15:36 Governments trying to regulate Bitcoin 16:48 “Who’s in charge?” – system of belief with out hierarchy 18:18 People who see Bitcoin’s strengths as flaws 20:20 Multi-signature schemes for client safety 21:19 Our misunderstanding of probably the most historic know-how 23:20 What offers cash worth? Stories we inform, guarantees we belief 26:30 The shared hallucination of paper cash 29:48 False guarantees and the parable of “zero-value” currencies 31:22 Gresham’s Law in India 34:02 The traits of excellent cash & forex 35:13 Difficulties of barter at a big scale 36:49 Ancient tokens of values 38:13 Scarcity vs. inflationary provide, debt & devaluation 39:11 Bitcoin vs. conventional cash as a retailer of worth 41:52 “How a lot is a bitcoin price?” 43:05 Digital gold 43:47 “Fake money” resolved by the market 44:21 Closing abstract & remarks 45:17

QUESTION & ANSWER: What occurs to our bitcoins throughout a tough fork? – https://youtu.be/sNR76fWd7-0 What is the function of nodes? – https://youtu.be/fNk7nYxTOyQ Price premiums and arbitrage – https://youtu.be/B4tsk-ZiHuE Fee markets, SegWit, and scaling – https://youtu.be/zxt-FLzZPhg Who is Satoshi Nakamoto? – https://youtu.be/1iEv-gUZNx4 Unlimited vs. Cypherpunks – https://youtu.be/5adgo4-32HU

RELATED: Aadhaar and blockchain identities – https://youtu.be/GylSvJf53zI Why KYC is harmful – Microviolations of Privacy As Payment – https://youtu.be/rwF7nMWUjBs Privacy, Identity, Surveillance and Money – https://youtu.be/Vcvl5piGlYg Remittances & smuggling in Venezuela – https://youtu.be/RRXecXfWARw

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has turn into one of the vital 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,” revealed by O’Reilly Media and thought of one of the best technical information to bitcoin; “The Internet of Money,” a e-book about why bitcoin issues.

Subscribe to the channel to be taught extra about Bitcoin & open blockchains; click on on the purple bell to allow notifications about new movies!

MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9

Translations of MASTERING BITCOIN: bitcoin/” goal=”_blank”>https://bitcoinbook.info/translations-of-mastering-bitcoin/

THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs

THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ

Translations of THE INTERNET OF MONEY: Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Russian, ‘???????? ?????’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg Vietnamese, ‘Internet C?a Ti?n T?’ (v1) – https://alphabooks.vn/khi-tien-len-mang

MASTERING ETHEREUM (This autumn): https://amzn.to/2xdxmlK

Videography: Zebpay Bitcoin India Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)

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