Bitcoin Q&A: Borderless money

Dude is from Germany, and he says that's where people still "trust" their government? Wow, Germans are gullible people! That's why they went all in for Hitler in the 30s and 40s. Now they are trusting this Merkel woman, who is obviously leading them down the path of destruction once again! Germans, really stupid people there, liberals.

One of your best moments double a. Just ordered a couple of your books. Patiently excited.

Great response…this guy knows his stuff

Andreas thanks for everything you do in this field.

Great content. I will share it with a friend!

all the feels

Hi… I'm a complete simpleton and know nothing about computers or crypto currencies… I have a small property with a garden plot, a chicken coop, an old pickup truck, and work as a pipe fitter and welder.

What does all this mean for people like me?

I've always distrusted the banking and monetary system and did my best to function independently of it.
I'm all for 'democratizing' currencies and putting power back in the hands of the people so they can determine their destinies.
If digital currencies grant people more autonomy and sovereignty, then great.

However, what does all this mean for 'peasants' like me who are not involved in this digital world, and quite frankly, have no desire for it?

Assuming digital currencies take over, I don't see what will stop the richest and most powerful people from acquiring the bulk of digital currencies simply because they have the most money to buy it, and/or invest in the computing power to mine it.

Sure, some regular folk have jumped in and increased their wealth, but the vast majority of people have not.

Furthermore, the success of digital currencies is being measured against already existing national currencies… everyone is celebrating because their digital currencies are worth more 'dollars' that can be used to buy tangible assets.
Even if the currency is digital, life is still analog.

I may just be a dumb welder, but I know that digital industries are heavily dependent on mining and oil.

And is it true that a single Bitcoin transaction consumes enough electricity to power three average sized homes for 72 hours?!
If so, how is such a resource intensive system of currency sustainable?
It seems utterly wasteful to me that buying a pizza with Bitcoin would require dozens or even hundreds of times more energy than was required for the pizza itself.

I'm not a naysayer against digital currencies, I just don't see how any system can fix problems that are predominantly psychological or 'spiritual' in nature.

Please, say your thoughts on hashgraph technology replacing blockchain. Much faster, cheaper, less power hungry than blockchain. Thank you.

now that its no longer usable as everyday currency  due to long confirmation  times and ridiculously high transaction fees…..what's next?

Andreas Antonopoulos a.k.a. Bitcoin Jesus

For all you people talking about fees to 'play' with bitcoin use an app called bisq, its a peer to peer buying/selling app that has no fees and lets you trade anonymously. No 3rd party inbetween to charge fees, and know your id. Just have your wallet, and go. Theres not many people making selling offers, or many buying, but you can always set your price and wait for someone, and the more on the peer to peer network the better.

Nice

We need you now Andreas!! What's going on with BCH and BTC

PLUR = BLOCKCHAIN. DECENTRALIZED ONE LOVE YO. MY SUPER GENIUS FRIEND TOLD ME THIS METAPHOR.

Andreas thank you for another great speech. Can you explain your views on bitcoin fees ? I am listening a lot lately about how high they are, I am little bit confused right now, and what implications of that for the bitcoin future ?

I feel a spike of excitement of life when I hear your speeches and your tones you hit though your dialogue and speeches. Thanks for being an excellent messenger amd information source.

just heard that in brazil, the chief of the commission designated to debate bitcoin, is against it, and wants to make a bitcoin user a criminal….
please help us….
what should we do?

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I heared it's all about getting blockchain in motion. The word allready says it. Every transaction, mail etc is linked to eachother; which it basically allready is; only in the finacial world. So your boss will automatically pay all your bills, and what's left u get. No more cash no more debt etc. U got absolutely no control over your own income.
Great idea if u got shit for brains. We allready glorify this trustworthy system…
Who gives a shit anyway. Real money is mostly a number on a computer just as bitcoin. Kind of sad that the entire globe turns around nothing.
All u need to do is trade the old fashion way may it ever come.

I can't see governments giving up on there power & banks letting go…
Newspapers are already linking Bitcoin to criminals & my dad thinks it's a criminals currency & immoral…the media leads the masses & cripto currencies could be undermined & investors will jump ship…I have some & im glad I do but it's a scary path..

Thanks Andreas. You are a genius in explaining

Just a thought’… What if all these “crypto currencies” are all being used to mine one central Blockchain ledger? Think about it. The extreme prices of some currencies vs others. Makes me wonder why bitcoin is so relevant vs all these other “reputable” crypto currencies companies.

Excellent. I am posting to Facebook and trying to wake up my friends.

The definition of money has changed.

Always inspiring to hear him talk! Even songs are written about crypto now 🙂 https://youtu.be/oveu9ZhtPjE

Hello Guy, Vic here!
This video is a great Example how to proceed whit Border Security. If you gonna make International travel be sure you favorite this video i case you get in trouble having a Bitcoin wallet on your Phone or Laptop.

Thanks for the Video and the Great question.!

Taxation is theft

Satoshi Nakamoto and Andreas Antonopoulos will go down in history as the figureheads of an entirely new unprecedented era of emancipation of the species Homo sapiens from the archaic vestigial shackles of tribal societies. Of course it would be all impossible if they did not stand upon the soldiers of the great pioneers in mathematics and computer engineering. I think there is hardly any disruptive technology that has had such global implications as the blockchain, a technology that has made for the first time in history of mankind the potent dream of every unhappy and unfulfilled man and women, which despite all the blah blahs most of us are, technically at least realizable. The dream of equality not held hostage by the tribal chiefs!

Clear responses to sensitive topics. Well said Andreas.

I just love your videos! Keep up the good work!

To my friends of freedom..

The time is now..

No more short talks. We seen all.

You have to declare 'things of value'. In this example the private keys would have the value. So although you don't carry the 'bitcoins', you do carry the keys that equal the value.
And Bitcoin is not data, just like Euro's are not the paper they're printed on. His examples don't convince.

BTC, for a very large number of people, can no longer function as intended. Transactions below $1,000 can now only happen economically via exchanges because onchain fees are above USD $20 per transaction. Effectively, for most people, this is centralisation.

The champ champ!!

can you do a video on denouncing Cardano as a scam, they've just started 3 months and already reached 15 billion cap I'm worried they can reach Bitcoin Market Cap and Cardano is all theory and copy paste, nothing new there.

This is the man. Thank you Andreas

WOOAAHHH!! That was friggin off the hook Andreas!

The cryptocurrency system or world must be controlled by governments, because in case of dispute from a cryptocurrency owner against a wallet maker/ developer or website where currency was bought, that person is loosing because he/she has no proof of ownership and also because the government has not recognized cryptocurrency as legal currency. I have bought a couple of bitcoins from coinbase dot com, let say for whatever reason coinbase disappears and doesn't exist anymore, how am I going to get my bitcoins back, and who should I complaint to?

OK but you didn't answer the question — what do we do about financial crime in a world where money isn't controllable by nation-states? What is the solution?

You are the only one that can give me goosebumps while just speaking. Love you malakas

he's certainly all-in with Bitcoin. i hope for his sake it works out in the end. would hate for him to have to make that last video, "oops. sorry folks. my bad"

Bitcoin Jesus knows his shit! 🙂

Whoever asked that question is one hell of a douche bag.

Lol that guy from the Netherlands was a bit of an ass.

Bad-ass

Wow amazing ….. as always …. amazing

The BTC miners are holding BTC hostage by the exorbitant fees. People can't afford to move their BTC.

I like “Your money is in the cloud”. ?

I absolutely adore this man! Simply can't stop listening to him.
Honestly, I think that never in my life I have seen a man so full of knowledge and deep understanding of the issue he or she is discussing, and in the same time so eloquent in explaining the crucial concept of it to other people. And money is SUCH a difficult issue to truly grasp!
P.S: If anyone really "deserves" to be Satoshi, than it certainly is Andreas.
Keep up the great work, Prometheus!