Can cryptocurrencies be used to support terrorist groups? First we’d have to displace their most important funding mechanisms, which are the US dollar and oil (some of which our governments gave to them directly). We live in a world where criminals use technology (money, telephones, shoes), but we don’t ban those technologies just because criminals use them. Most of humanity will use them for food, sanitation, healthcare etc. It is a fake promise that we’re going to stop terrorism by controlling everyone’s money, because all it does is exclude billions of people from the global financial system.
More on this topic: https://youtu.be/43Ucj6_Erb0?t=5m5s
This is part of a talk which took place on October 19th 2016 at the Bitcoin Wednesday Meetup in Amsterdam, Netherlands: https://www.meetup.com/BitcoinWednesday/events/234498117/
Event Info: http://www.bitcoinwednesday.com/event/special-edition-19-october-2016/
Presentation Info: http://www.bitcoinwednesday.com/antonopoulos-money-under-surveillance/
Watch the full talk here: https://youtu.be/3MLy5Z5ISeA
RELATED:
Fake News, Fake Money – https://youtu.be/i_wOEL6dprg
The Currency Wars and Bitcoin’s Neutrality – https://youtu.be/Bu5Mtvy97-4
Why we should resist financial surveillance – https://youtu.be/KBFedmrDTQw
The War on Cash and Crypto – https://youtu.be/BAlRKfvBnvw
The future of digital money – Open Blockchains or Dystopia? – https://youtu.be/Z3oArEyen6M
When will the scare stories stop? – https://youtu.be/yhKIKB6cn6w
How will international financiers respond? – https://youtu.be/aTnmrS8s8Jw
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
[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388
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Outro 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/)
source
pull in the the majority card is not an answer.
I love him!
Another Great Greek Financial Philosopher
this is the most moronic question sheeple can have imo. so terrorists use forks to eat with, well lets ban forks all over the world. the stupidity of sheeple is deeply disturbing to me jeeez
No bs, straight to the point, love it
Adreas an unrelated question please: Do you think Ripple is a true cryptocoin? … Do you think it is possible that big Banks (which seem to back Ripple) could be plotting to cripple the growth of Bitcoin by investing lots of money into Ripple, because if enough money is injected into Ripple, sooner or later speculative capital will fly from Bitcoin to Ripple causing a crash in BTC value? Thanks!
Well said Andreas
Just a thought, myself and others really like your longer lecture style videos. Given you can only do so many lectures in a year, can you combine the short Q&A videos into longer compilations? Something like "Best Q&A from talks Jan-Jun" if not its okay it would just make your channel a little more attractive.
He is great
The best most concise answer ever. I like these.
the Best answer I have ever heard
A currency would be useless if it couldn't support terrorism.
I enjoyed the video! Keep it up!