How much bitcoin do you have? What percentage of our wealth should be in bitcoins? A percentage that reflects your understanding of how the technology works and your ability to absorb the risk that it entails. However it also depends on what country you’re in, because the volatility and risk in bitcoin may be better than your national currency. This is not a recommendation to invest; I have dedicated to career and my passion, I could lose all of it and still have everything else. Invest in education instead of speculation.

Note: Yes, I know – this video is now out of date. The advice about risk tolerance and focusing on education still stands.

This is part of a talk which took place on December 3rd 2016 at the Coinscrum {MiniCon}, hosted by Imperial College in London, England: https://www.meetup.com/coinscrum/events/235709468/

Watch the full talk here: https://youtu.be/Bu5Mtvy97-4

RELATED:
Investing in education instead of speculation – https://youtu.be/6uXAbJQoZlE
Why I earn bitcoins instead of buying them – https://youtu.be/Ci7TyD8jETY
Initial coin offerings (ICOs) – https://youtu.be/Q5R8KuxV4A0
Where are the exchange-traded funds (ETFs)? – https://youtu.be/m3EFyGb104g
Alternatives to centralised exchanges – https://youtu.be/3jmeJjhH84s
Will Bitcoin save us from a global currency crisis? – https://youtu.be/U3S7vQrNOAI

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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30 COMMENTS

  2. i lived in argentina for 8 years and i exactly know what you are talking about Andreas. luckily i had a business dealing with tourism so i was actually favoured by the depreciation of the peso in a way. but when i was there (2002-2010) the peso was also more "stable" lol

  9. The full block chain size is currently roughly 145GB, I can handle such a download in a laptop or a desktop pc but how does it work on a mobile? I can not download such an amount of data into my phone, so I guess there is an intermediary when using the mobile app?

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