Bitcoin Q&A: "Blockchain, not Bitcoin"

(FYI only) Mr. (aceboy) Andreas M. Antonopoulos is a technologist – and serial entrepreneur – who has become one of the most well-known and respected figures in bitcoin. Learn your asses off – it will blow hair back and knock your sock of for the next 300 years…

…WELL SAID SIR!

Is proof-of-work a part of blockchain?

Hey Andreas,

First of all, massiv thanks, your books and conferences are so far the best way to learn about blockchain (I also learned english thanks to it !). I dont know where should we ask questions, their's maybe a Reddit post or smthing, I cant find it out.

> Does blockchain means that every users have to own a smartphone in order to join the network (or another stuff) ? I'm concern about the limited supply of ressources and the fact that most minerals in smartphone can not be recycled; isnt that a scalability issue ?

> PoW security relies on the cost of energy it'd ask to have more than 51% of the network's power. Their's massiv flaws on most CPU, people dont patch their PC, etc.. dont you think a botnet + quantic calculator + super calculator could beat a blockchain ? (i''m thinking about an attack from government)

Again, thanks for being yourself, meeting you one day would be really cool
Clément

Andy, I can save physical precious metals in a safe in my closet.. I understand a digital asset with similar properties offers many benefits such as sending value across borders, etc. But what have we accomplished if we don't have merchant adoption at the micro-transaction level? If BTC is not legal tender, will there be a behind scenes atomic swap into "fedcoin" tracking my every move, with the possibility of being "turned off" if they don't like my behavior?

Many people think bitcoin is just a means to do money laundering and other black market activities. "Blockchain not Bitcoin" is marketing to those people and the bitcoin community benefits from the attention to the technology that this marketing brings.

Blockchain is awesome! I prefer new blockchain platform Contract Vault….They are based in Switzerland and suppoted by Kool Savas

Is there a reason why the decentralisation of the process of validation could not be achieved by incentivising competition by the use of a reward of fiat currency instead of a token asset. i.e. instead of miners receiving 1 bitcoin they will receive x million dollars, and x will increase based on the difficulty of the validation. (im a non technical individual)

Thank you Andreas. We should all take your example, and teach others what we learned from you. Everybody, please start setting up nodes. It is our duty.

The man is a badass.

beautiful.

Simple, clear, elegant, this man is great.

Bitcoin is digital gold a store of value for a hedge of protection against Hyperinflation

There are already decentralized debt based cryptocurrencies. Stable coin DAI is a liability from MakerDAO. MakerDAO is a decentralized and automatically collateralized fractional Reserve Bank from which you can borrow pledging eth.

destroyed the tards who say blockchain good, bitcoin and other crypto bad.

This video just put the bias on Bitcoin too far from what I can consider "smart". Andreas, please, there is Blockchain without Bitcoin and you know that. Big IT companies and experts know very much well what the Bitcoin blockchain proposal is, they know that is not sustainable in the long run, and they are evolving. Just saying.

Hi Andreas, another great presentation! How do you feel about Microsoft acquiring Github? I am not a technical geek nor do I profess to knowing ALL in this historical space (I do try lol!) However, I have been reading concerns regarding 'all code' having been written on Github that has now been acquired by Microsoft. Does this concern you? Source:https://cryptobriefing.com/microsoft-github-acquisition/
Reddit concerns:https://www.reddit.com/r/programming/comments/8oh3mq/microsoft_acquires_github/

Hi Andreas can you examine this idea of mine about bitcoin future can it work? what do you think about?
White paper for Bitcoin future. 🙂
Bitcoin is a computer program that will takes over the Planet. Our planet needs 5 global institutions to solve planetary issues. 1. Satoshi Nakimoto Institute 2. Land Institute 3. Water Institute 4. Air Institute 5. Space and beyond institut.

Up to certain bitcoin block mining should be done by these 5 institutions only. Governess : Let's say Global Water Institute: its policy and president have been nominated by ocean and clean water lover around the world, everyone can be member. And pay monthly small fee to be able to vote for president. This institute does water cleaning, ocean guarding, every common good thing about water. since they are mining bitcoin, they can hire people buy equipment ect. The purpose is keep planet save from human danger. And so other institutions organize same way and goals. And bitcoin protocol can be changed and developed by this institutions only. Satoshi Nakomoto Institute will deal with government. Create bitcoin integration Programs for tax collection, Id cards, voting mechanism ect. By doing so I think bitcoin will be computer program for better world.

Let them have their fiat!

Andreas is the smartest Canadian I know!!

When you say 49% percent cointinues mining the honest chain, what do you mean by that? Arent all the nodes already accepting the dishonest chain as soon as it has more proof of work?

Andreas stop pls you are ruining the rhetoric that helps keep ponz… alt coins alive.

hit the like button before I even watched the video… Andreas never disappoints!

opinions on open dime, hardware wallets?

the underlying issue is strongly related to the skewed ownership distribution of BTC. roughly 1000 people own 40% of all coins afaik.

no one wants to buy a 10k BTC, knowing that others (whales) got in when they were worth just pennies.. the risk that whales or mtgox dump on you is just too high..

thats why everyone is investing in those shitty icos these days. which pretty much is the same statement as "blockchain yes, bitcoin no"

please prove me wrong 😉

I like the video thanks Andreas for sharing your insights?

Antrea, in my mind, I see no reason for an inflationary cryptocurrency (eg. Fedcoin) would be adopted by anyone. When you have a stable deflationary currency then why would you ever go into debt? Why would lending be practised on that scale? Banking, insurance and pension would be obsolete. What is your view on this?

Andreas is my favorite authority on this subject

people will never get the difference between block chain and bitcoin until the waters reside ..

Fed crypto ohh come on, you should have a look at Radixdlt .

Internet of money ,For the people ,By the people =Bitcoin

we nead a "i love" button!!

Where can we buy this FedCoin? Sounds like a great pump coin. 1000x +.
/S