Bitcoin Q&A: Currency wars and anti-encryption laws

OMG Communism system in Australia "Fk" I'll be damn. I'am Australian and I'm shocked hearing this, that is very bad/sad news. Learn somethng new everyday. Thanks aantonop for the upload.

I wonder if it’s possible that bitcoin Or cryptocurrency as a whole can solve the US national debt.

Well Australia just came off my travel list.

thats wild!

This Australia anti-encryption law is the same as giving a copy of your home key when you come at border in Australia. The right to privacy is a human right. Money earned or purchased is same like private personal property. When acquired legally, the individual retains the right on money as property. In order to seize private property, it is first necessary to prove the illegality of its acquisition.

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OT: Can you make podcasts please. I used to listen to you on mp3 while walking…(now YT sucks for this)

I wonder if it was about Russia and not Australia, would it be the same 'mild' criticism, or something along the line of 'bloody dictator Putin at it again!'

re: (crypto)currency value… It is just a psychological game now. if people want to sell crypto for dollars (to buy stuff with dollars), then dollars will always win. the copyright holders of the dollar can buy and sell crypto for a loss. forever. until people dont want dollars to buy stuff with

Hi There.
Thanks for the great video.
that is a joke with Autralia. But in your case you could easily store everything online (protected with pgp for example) and then download it after you passed the boarder, right? or make a vpn with your office.
but clearly you also send a message and help people to get aware – so maybe that is why it is still good.
keep up the work -much love from Spain

Damn really valuable information for travellers who can potential get hurt visiting Australia!

Can you talk about what would happen if all of the mining pools in China colluded against Bitcoin? thanks!

Andreas what if one day the consensus decides to increase the amount of BTC ? is that even possible ?

Which countries are the most cryptocurrency friendly

Australia & NZ = Shit hole countries.

Thank you for educating the masses!

I never thought about this before. Makes so much sense!

After the government fucking me over for the past 30+ years because I played by their rules jail is my last retirement option. I tried the dollar and they inflated it right out from under me. I tried gold and they suppressed the real price and threaten to confiscate it, I tried crypto and they talk about banning it. Fuck-it. Jail is sounding pretty good right now. Let them pay for my rent, meals, and cable TV.

If any socialist country had done this during the Cold War we would be screaming human rights at the top of our lungs. It's ok though, because it's protecting the oligarchy of that country and it is in their interest. Basically we have a devolved form of socialism in the west that looks more like high school cliques than outright government oppression. So, what happens when they graduate?

You da boss

"Noiiiice!" (Not)

Can you address the fact Bicoin is owned by the federal reserve bank, fiat, money? And they own the exchanges Kraken and coinbase.?

wow Australia…Wow

Australia is a joke…pathetic communist society disguised as democracy…embarrased to have been born in Australia.

Thanks for the intel, as always, Andreas
The Gustapo hit The Land Down Under!