Demonetisation in India and the new Aadhaar identity/ biometric management system. It should be called “Hack Me.” The most important criteria is that the politicians who voted for it should be registered. The fundamental question is not the type of database, it is about centralisation vs. decentralisation. Blockchains do not solve the problem of centralisation.
This is part of a talk which took place on March 20th 2017 at the Singapore Management University for the Singapore Bitcoin & Ethereum meetups: https://www.meetup.com/BitcoinSingapore/events/237307480/
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Why KYC is dangerous – Microviolations of Privacy As Payment – https://youtu.be/rwF7nMWUjBs
Privacy, Identity, Surveillance and Money –
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
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.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042
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Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
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New technologies will always generate bubbles, because investors get excited more quickly than the technology can develop to keep up. However, after bubbles, the technology always catches up and the market recovers.
Blockchain with centralization power is just new way to track everything.
What if that.. Aadhar is build on private Blockchain.. will it be still Hackable. ans plz?
I am from India…. and adhaar is really keeping every single record of human linked to that 12or14 digit number… somewhere it feels good from perspective of identification… but our privacy is really fucked up….. our govt also wants us to link everything with adhaar… our addresses , our banks…, our phone numbers… the adhaar technology is not based on blockchain and it can be hacked easily….. not long ago… adhaar details of millions of people were sold for about $2 or $3 per person …. Ignorant people don't know how these information Can be used for criminal purpose…. some people don't know anything about privacy…. but it's a real thing privacy is very important for us as an individual…. please everyone contribute and support decentralization…..coz soon there will be nothing like
" terrorism " because " politics " will be the new word for terror… and we all will be controlled by stupid politicians and govt like a puppet !
the audio is too low in comparison to the intro-outro, its very annoying
Lmfao, this was funny as fuck. Great answer.
So true!
And anything decentralized will be attacked, infiltrated and possibly destroyed by government. The more centralized things are (such as chinese mining companies and bitcoin whales that can be located and threatened into sabotaging bitcoin) the more likely that the movement will be destroyed.
ok
The NWO beta testing with India
First!
Thanks for video….