Fake News, Fake Money - Classic Bitcoin Talk

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In this talk, Andreas examines the sensationalist debate over "fake news," the rising tide of faith-based nation states declaring bitcoin as "fake money," and alternative mechanisms we can build to fill the void left by retired fact-checking departments & central bank authorities.

Chapters
0:00 Introduction
0:21 Fake news happens on both sides; cheerleaders for war
1:39 When did the debate over fake news begin?
4:04 The rise of churnalism
5:28 Fact-checking depending on trust in authority of institutions
6:47 "The internet is fake news!"; decentralising critical thinking
8:29 Tribalism, propaganda, and the myths of money
11:36 When hollow reality returns to "full faith" money
15:13 Bitcoin as an alternative to faith-based financial systems
19:04 "Drug dealers! Terrorists! Pornographers! Criminals!"
21:09 Discerning fake vs. real money in a world without authority
22:58 Demonetisation and price premiums in India
24:53 Final thoughts

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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 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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#Bitcoin #Cryptocurrency #AndreasMAntonopoulos
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This is so epic. The world is going through a monetary paradigm shift. Meanwhile those of us already in this industry worry about the details. Transaction times, this alt or that one, PoS vs PoW, whatever. As interested as I am in all that, the big picture is what's most fascinating. Immense systems of value and trade are becoming more obsolete by the minute. The irony is that the people and organizations who benefited the most within the legacy system, also stand to lose the most when it implodes. Individuals with paper or derivative wealth will lose purchasing power overnight, while organizations and governments will lose real power - just as fast.
What a time to be alive. Thank you Andreas for this talk, you are a legend.

parabolic_
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The stuff they don't teach you in America schools. Thanks for making this video.

howardfitness
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Watch every Andreas video, eat, sleep, repeat:) The best of the best in terms of bringing understand-ability to masses.. I truly appreciate what you do sir.

chazcurtiss
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This really does need to be said. Thank you!

michaelcoonce
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Thank you +aantonop for exposing every time you have had the chance our sad truth in my country Venezuela and other economies suffering worse. You're opening eyes around the world.

jjmorosr
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Andreas is an artist. One of the smartest and most inspirational speaker I know.

jak
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Amazing speech. This should be required in high school.

MegaHowtoMan
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you don't need to go to zimbabwe. here in germany, when my grandfather sold his farm in the seventies in east germany, i inherited as much money, good enough to buy a fancy house that time. later after the wall came down it was divided by half into deutschmark, and later on it was again divided by half by switching to euro. now it wouldn't have even enough value to buy a lousy 1 room flat.
my grandfather himself lost all his money value twice in his life, due to weimar inflation and wwII.

lumicon
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I stopped watching television decades ago. Not because it failed my truth check. It failed my relevance check. Consuming my time with irrelevant sports "news", that were the truth but completely irrelevant to me.

GerdCastan
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I'm on the first 5 minutes and this analysis on fake news is spot on! Perfect.

u-ux
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I love when he said in the end of one of his talks .."join me in this revolution" - where most of crypto videos out there is about speculation and greed, we have such a gift as Andreas to Educate, Inspire and Wake us up !

jayaz
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God bless ya AA. I've been sharing your videos on Steemit with some notes about you for awhile now, since the sub. notices have been coming to my inbox. You are such a great speaker and TEACHER making things simple for all the Liberty/Crypto new people flocking to the Crypto space. I really appreciate you.

BarryDuttonSellsHomes
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We should no longer look at the exchange rate of 1 BTC to the dollar.
We should rather see how much BTC we still get for $ 1!
This simply illustrates how the dollar price loses confidence!
I admire Mr. Andreas M. Antonopoulos. Keep it up

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New level sir, this is as much art as it is informative. Thank you.

LibertarianRF
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Andreas has just explained why i stopped watching the news on TV over a year ago! Thankyou. I thought it was just me who thought the news was shallow and bear no resemblance to what was going on.

iand
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Man I meditate of your talks. The message is so potent.
I put in background a cyberpunk ambient.
It's perfect.
Thanks man.

forfreedomssake
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Education for adults. We should never stop learning and this man is a great teacher.

grimacemcccheese
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I think that you are doing much for a lot of people helping them to open their eyes.

Keep on going because you are great and you are doing a really great job.

Full support from Italy

FrasiIndelebili
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Thank you Andreas, the real Bitcoin Jesus.

drflubert
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probably the best expose on money i have heard ever

steviedee
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