Bitcoin Q&A: Decentralised Exchanges with Fiat

Chapters
0:00 What are your thoughts on the future of decentralized online exchanges over the next one / two years?
1:08 We're beginning to see the ability to launch a couple of technologies that are really going to revolutionize things
2:57 Can you have a decentralized exchange with a fiat gateway?
3:32 There's a certain degree of risk when you exchange crypto for a national currency

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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

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[ryanfox]

Bisq has worked fine for me, been doing it for some time now, never had a problem

[PaulSpades]

The risk involved in this type of exchange can't be eliminated, but it can be sold. This has already been solved. Say both parties have to pay an insurance fee to a third party that guaranties the transaction will complete. A system would rate transactions according to risk and calculate the insurance fee accordingly, so that the insurer always makes a profit.

[panagiotisagelakis]

Παμε αντρεα εισαι ο ηρωας μου και ο διαφωτιστης bitcoin jesus!!!

[RockinAcestar]

A few very interesting and promising projects out there laying the foundation for the future of DX's, Blocknet and Block DX is without a doubt one of them, excited to see what this year brings us.

[HeinzSchumacher]

In a few Years there are no more Fiat Currency!

[antonnym]

It is not that easy to undo a sepa transaction. You are pretty safe. It could become a problem when crypto currencies are illegal. Lets just hope fiat becomes a thing of the past and the people can earn bitcoin instead of buying it with worthless paper. Thumbs up for Bisq.

[Karollo]

The problem of withdrawing resources you talk about can be easily omitted. All you have to do is enter the feedback / rating system assigned to a specific Bitcoin address so that every exchange user is aware of the risk.

[xiloeteknowledgiesllc]

Andreas, there is no 144p option on your videos. Can you bring it back?

[mork]

Hi & thank you for another informative presentation

[rietberg]

Did you know that in Switzerland you can buy Bitcoin at EVERY SBB (national public train transport company) ticket vending machine? In every little town? In Germany however, afaik, there is not a single Bitcoin ATM.

[mork]

Andreas given the current volatile market where do you see a bottom as my bottom is getting a pretty good spanking from this one & is getting more painful by the day.

[dmanakell]

What is the money is paid using a pre-paid gift card?

[arktus]

Hello could you tell us something about Polkadex I think it will be the next big DEX of the future like binance or uniswap and it is also from the polkadot network.20M Marketcap. Mobile app will be available on AppleStore and GooglePlay in September. Thanks for your video...Please answer if it's a good one..😃.. .

[spliff]

What are your thoughts on ”hybrid exchanges”, attempting to have both centralized and decentralized exchanges? Would a hybrid exchange be beneficial to the community or might the community be better served with decentirlized only exchanges? Is there a concern in terms of decentrilized adoption if companies in the centralized space attempt this hybrid exchange? Please let me know your thoughts.

[carlavv]

Hi!! Question
Governments are using or have on beta blockchain technology.
Google is planning on implementing blockchain technology as well.
Banks and moneygran are using xrp technology.
*what will happen with btc if USA decide to launch its own usd-currency? Wouldn't btc looses its value?*

[markaboyce]

Thanks for your Q&A's I hope you are able to read this one. I'm a believer in Bitcoin/Cryptocurrency. I'm new to the space, but one aspect that has me wondering (maybe worrying) is why, after all these years, there is a lack of of any major players/contributors. What I mean is, Google, Apple, Amazon, Intel, Tesla, SpaceX, Nvida, Facebook are almost silent (or even anti-crypto) on Crypto. These same companies spend BILLIONS in R&D trying to stay ahead of the competition to be the first- Global Internet Service, Self Driving Cars, AI, Quantum Computers. Why they have not entered the Crypto-space is worrisome. I understand why banks are slow to act, they are in the horse & buggy business. But when a search engine company (Google) has a billion dollar sand box and are trying to do every new tech there is, why the silence on Crypto? Your thoughts on this subject would be greatly appreciated.

[abhijitraorane]

Taking out trust factor via atomic swap transactions would undermine underlying crypto character...wouldnt it?

[WeMet]

How long ago were these videos filmed? Or are they filmed the day they’re posted?

[theazzi]

I see the market for a new bank that has as point of sale in reversibility on bank wires, is that possible?

[cryptopimping]

So if we enter into a cash-less society, How would we determine prices if everything was based in Fiat?