Centrally controlled currencies were not the norm for most of human history, and in many small-scale human societies today it is still not the norm. Will people in more barter-based, technologically illiterate economies be able to adopt cryptocurrencies like bitcoin? What does the type of money people use say about their level of social organisation? Why are abstract forms of money the most useful for trade on large scales?
This is part of a talk which took place at Pebble Beach for the Capgemini CXO Forum on November 1-3rd 2017 in Monterey, California.
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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and 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
[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/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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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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inshallah ill be big as eminem one day!
I love itttttttttttttt. AANTONOP is the modern day hero!!
I'm sorry but that answer to the mans barter question sounded really intelligent but was just a complete evasion of the actual question.
He spent 3 minutes explaining what barter is, and then says, 'so it's not barter because there are smart contracts'… spending less than 30 seconds on the ACTUAL answer. The man asked how it's different from barter, not what the DEFINITION of barter is.
I'm still lost for how something that drops and rises by 50% every week differs from the bananas as a solid value system.
Thank you!
"we can teach it to dolphins"
Interesting talk about phones and crypto currency. Telcoin are putting phone currency on the blockchain right now for people who don't have access to banks.
Is there a question this dude doesn't know?!
What a great orator.
Please open a steemit page bc you can get upvoted and get paid for the content there! love all your talks as usual
Will you come to India? Have a lot of questions. Is there any place where you take questions in text? I have one particular question which isn't answered in your texts and I imagine that YouTube comment will be too short for you because your answers are comprehensive, the way I like it. Do you have an email ID where you take questions?
"It's a bubble" -clueless people
With mobiles becoming so cheap like you say, do you think Anonymous coins like shield and Deeponion will rise as Bitcoin falls?
Thanks Andreas. As usual your speech was insightful and prescient.
All this dude has is ANSWERS! ??
Your rhetoric is ok. Tho, personally, I see moneys as simply the common denominators most used within a barter system. We still barter with moneys. But, hey, these ill-defined terms, so no real disagreement.
I wonder how much they get paid to click the unlike button
if that question wasn't planted/planned and your answer was spontaneous you are a very special talent.
A $25 smartphone isn’t going to de-bank 7.5 billion people on a network with $20 transaction fees.
How do you reconcile this?
5:36 Andreas singing the old nokia tune is now my ringtone.
…and then someone or something disables the cell phone network and down the drain goes all that digital ‘barter’. Even in the remote jungle. Even on Nokia phones. The big hurricanes of 2017 left utter devastation in their path and anyone relying on some form of digital payment infrastructure now curses it. Just sayin’. Caution. Be safe.
I always feel one step close to Utopia after watching one of your videos Andreas. Thanks for all your efforts to educate the masses.
If you don't want to help the poor. If you don't want to get any gains. If you don't want to improve finance……….. At least lets get the banks.
As digital asset networks grow you will be able to send and receive payments in whatever you like instantaneously, becoming a form of digital barter. No one should have to hold money, since it has not intrinsic value.
Who's the one dislike? Jamie DImon? 😀
Another Great Explanation of #Bitcoin and the amazing technology behind it.. thank you for all you do.
How can anyone dislike this very intelligent answer? No one apparently.
The BEST in the business thanks double A
Ok when I'm depressed and a little bit worried about Bitcoin price and future I simply listen to Andreas and then I get confident again. This guy is a genius. Who already thought that Andreas could be one of the Bitcoin founders? That would be tremendous…
Just love that man… Watching every video few times when is published!
It's awesome how great communicator is he.
The best bitcoin educator on the planet
I'm ALL for the De-Banking of the world…. bye bye Jamie Demonds.
Thank You A !
Andreas, I respect the shit out of you and am thankful for everything you done. Everything you say about money and bitcoin and governments makes complete sense. But,
How can you say with straight face that Brazilians in a village with 1$ smart phones will use Bitcoin when transactions are more then 1$ for over a year now? Thanks.
Proud Greek ! 🙂
Thank-you
I found Andreas on Joe Rogan podcast after becoming very interested in cryptocurrency. This man has a wealth of knowledge I hope to attain one day.
This guy is truly brilliant, simply by his sheer ability to educate in such a well construct and concise manner.
You inspire me on how to explain this to others, thanks so much for all you do!