Blockchain vs. Bullshit: Thoughts on the Future of Money [Classic Bitcoin & Open Blockchain Talk]

In this talk "Blockchain vs. Bullshit - Thoughts on the Future of Money," Andreas outlines the necessary criteria that will help you distinguish bitcoin blockchains from bullshit, and why the goal of developing this technology should not be "banking the unbanked" but rather de-banking all of us.

Chapters
0:00 Introduction
2:30 The hype and empty promises around "blockchain"
4:45 Reconsidering info security, research in applied cryptography
7:13 Blockchains vs. databases
8:33 The essence of Bitcoin: revolutionizing trust
10:24 Open blockchains are the only ones that matter
13:12 Censorship resistance and other important characteristics
14:05 Criteria: blockchain or bullshit?
15:45 Fundamentally changing the allocation of trust
16:43 Permissioned "distributed ledgers" are boring & insecure
21:48 Hey Wall Street, Anonymous is coming for your keys
23:06 Promising opportunities, solving the unsolvable problems
24:50 The 3 elements to success in this industry
27:44 The necessary steps to mature out of infancy

QUESTION & ANSWER:

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

He is the author of: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; "Mastering Ethereum," also published by O'Reilly Media and is a programmers guide to the Ethereum network; and “The Internet of Money,” a series of books about why bitcoin matters.

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Translations of THE INTERNET OF MONEY:

#bitcoin #blockchain #cryptocurrency

[LukinoH]

Brilliant statement at the end:
"This isn't about banking the unbanked, it's about debanking all of us."

[gaiusjuliuscaesar]

You have to recognize the personal and authentic effort this guy is putting into the idea.

[JIANYM]

OK. Now I see why everyone states he's a brilliant man. I agree. Very smart. Completely agree.

[cryptosandtokens]

This is by far the greatest history lesson ever! Everything he predicted occurred and we are not witnessing the flourishing of advanced technology before our eyes!

[PeterSosinski]

Andreas has gotten very good at public speaking from some of his very first ones. Awesome to see him do this. Would love to see him in some debates with others.

[amag]

Bankers and politicians will keep fighting against disruptive technologies like cryptocurrencies. Andreas always throws some truths right on their faces.

[armandoanderson]

Finally, a single source video that explains fully; clearly; and powerfully this ridiculous notion of a private permissioned blockchain. Thanks Andreas!!

[BitcoinNoddy]

i've been learning for 3 days now, you're awesome Andreas!

[tmst]

Andreas has really hit his stride since his great presentations a few years ago when he was already one of the most compelling, inspired and gifted public speakers I'd ever seen. Bitcoin is greatly honored and benefited by his continued energy and dedication.

[AC-vpss]

4Years later and still super informative! Thank you!

[goodmorningfiatnam]

Andreas: “How many people own blockchain?”
Craig Wright in the back: *raises his hand...security escorts him out*

[DanielRaymondQuebec]

This video is amazing! I listen to it at least once a month to refresh my understanding of the future of money. Andreas, continue your great work.

[RyanjmatthewsII]

Seriously...why can't our world leaders be as intelligent as this man? Thank you so very much for sharing this power!! This is such an incredible presentation.

[onurpekdemir]

Still (after years) ... one of the best talks about Bitcoin I've seen so far.

[Peter-exhl]

It´s about unbanking all of god i have goosebumps right now
thank you very much for your educational work andreas

[UndisclosedTalent]

That was better than any ted talk I've heard on the subject.... absolutely brilliant... bravo and thank you!

Subscribed!

[lgrrf]

20:28 "removing the clearing house and replacing it with a consortium (aka cartel) of the same market makers who have manipulated and compromised every market in history and doing that in a way that closes this from transparency (...) is not a blockchain; that's a bullshit"

[TheChiefCoin]

One of the greatest human beings to have ever lived, Andreas M Antonopoulos.

[roger]

THANK ANDREAS! Absolutely inspirational! One day at a time! BITCOIN will CHANGE the WORLD !

[johnbostick]

Great ending summary, currency is to decentralized block chain what email was to the internet, the route to adoption. Damn, that is the most clear minded statement I have ever heard on the subject, Zero to One.