Bitcoin Q&A: Will governments let privacy coins exist?

1. buy bitcoin from coinbase
2. send to binance
3. buy monero
4. send to ledger
5. have an unfortunate boating accident

Hello Andrea,
Can you please explain how is it possible for an exchange, for example coinbase, to offer custody that will act as savings account and gain crypto interest?
In our current monetary system money made out of thin air and is basically debt. Since crypto can't be printed, how can interest exist?
Thank you!

Privacy-focused coins will continue to exist and develop continously, many projects sprouting out these days with awesome inventions take for instance, veil this year–young coin with huge growth in sight

Privacy coins will exist regardless of governmental control or not. A lot of projects offering anonymity are out there. Veil is one of such coins.

Privacy coins will always have backdoors for unlimited coin generation like the multiple backdoors Zooko and his two developers placed inside ZEC to kill all forks of their project.

Fascinating video, thank you!

I understand they will know you have had it, but i guess you could try to say you lost it. To hide it, wouldn't it be fairly simple; create a anonymous (expendable) wallet, use e.g. shapeshift to change it to Monero and in that transaction, send it to the anonymous wallet. Then maybe split it up into other currencies to another (expendable) new wallet and lastly, back to the currency of choice in a final anonymous wallet you'll keep. Every time you make a transfer, it costs a bit in fees, but it might still be cheaper (and safer; they look kind of sketchy) than using a laundry service.

i love listening to Andreas, do you guys know of any other people in the space that are as competent in cryptocurrencies? I know Andreas talks about Bitcoin a lot, maybe other people are as competent but talk about the rest of the ecosystem as a whole.

Love you Andreas! Thank you.

2:47 made me jump, haha, gave me a fright!

i absolutely love this guy, he is the reason i keep buying cryptos while they drop, smartest guy in the business !!!

Do you know imf wants to Implement cbdc emitted by central bank according to Christine Lagarde and she is against privacy things in her last report… What do you think about it? The paper is 'winds of change'

One of those mixers is DeepSend by DeepOnion which is going to be available this Q1 of 2019 untraceable transactions!

wasabiwallet is also a great option

Governments will fight privacy coins. They want KYC and AML cooperation.

Thanks Andreas. I always learn a lot from your output. I'm hopeful that we will achieve privacy and that governments will lose some of their hold over us.

Couldn't they just do 51% network attacks? Example Monero… Monero is controlled by giant bot nets globally. If the governments were to do a 51% network hash , couldn't that destroy Monero?

would be cool if there is a link to the whole talk. i prefer one whole talk over 20 video snippets of the same talk

Wow, it took me full 9 minutes to finally hit the like button – usually I am faster, but this time I was too absorbed in this fountain of knowledge.

They want a cashless society.
Lets give it to them!

Tldr?

Government is the true enemy. You can expect attacks.

Smashed the like

## Timestamps ##
1:11 – Can Privacy Coins be allowed by Governments in future
3:20 – Secrecy of Identity practicality
8:40 – Multi-signature transactions from oh hi mark
10:25 – Governments and altcoins. Poking $150 trillion dollar Bear
14:00 – Confidential Transactions
17:20 – Greg Maxwell talk on privacy coins

Im a software developer, what is the beat way to learn about Bitcoin and all these technologies?

who gives a fuck? fuck governments! they can't do shit to Bitcoin

Thank you and for all your work and dedication to bitcoin and changing the planet!

With the current internet infrastructure there is no real privacy possible. We need a really free, safe and secure internet satellite network for everybody in the world. We are working on AEROGEL SPACECRAFT TESTING PROJECT here in DC to get a very cheap spacecraft which can launch all the tiny satellites around the world to give people free and independent safe and secure internet. Please check it out on my FB and twitter pages under my name.

Great video….This is why Skycoin will take over and achieve global domination 😉

13:42 EPIC! Komodo dragon

"When govts come after ___coin…" Is a common and weak argument against cryptocurrency adoption, growth and resiliency.

Will govts be upset? Sure. How will they stop a decentralized solution? Make it illegal?

If that worked, we would have no crime, because the illegality would have by that argument made the act NOT occur in the first place.

Sadly laws do not make undesired action stop.

Lightning will add a layer of anonymity as the tracked transaction, KYC, AML are through the exchange and opening closing of the channel on the blockchain but not the lightning network.?

VERY WELL PUT-TOGETHER VIDEO, COVERED ALL BASES ON THE SUBJECT

Amazing talks, as always. Keep it up, it is extremely exciting.

best speaker, teacher in the space imo

Andreas, you are doing the work of an angel, making us all smarter. Thank you!

Lightning, Schnorr, MAST, RSK, Mimblewimble, Dandelion, etc etc all these ongoing Bitcoin developments that are being underestimated right now will be the downfall of most investors. Especially if you worship charts alone. Although TA is a good skill, fundamentals are just as important and often neglected.

Do I want to use a plastic card-survellance machine for or all my financial transactions? Hell no! Open blockchains for the win

Bitcoin sucks its just so unstable

If (andreas.nickname != 'Satoshi') then {
satoshi.friend = 'aantonop' ;
}

Thank you for all you do for crypto and reality adoption Andreas; the real BitCoin Jesus

First! And your the best Andreas thanks for all you do!!!❤️❤️❤️