When are we going to see mass adoption of open blockchains, especially by “big sellers” and merchant services like Amazon? A system of closed, centralised, weaponised poltical control vs. open source, localised / peer-to-peer commerce. Will the user experience improve?

This question is from a talk which took place on May 18th 2018 for the WeAreDevelopers World Congress at Austria Center Vienna in Vienna, Austria: https://www.wearedevelopers.com/speakers/

If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop

Decentralised Globalisation – https://youtu.be/QoiR4aNbTOw
Investing in Education instead of Speculation – https://youtu.be/6uXAbJQoZlE
Beyond Price: Bitcoin’s Impact on the Future – https://youtu.be/rvwVbRQ5Ysc
Wallet design and mass adoption – https://youtu.be/WbZX6BDZJHc
Price volatility and store of value – https://youtu.be/wzzZT95ijTo
Why I earn bitcoin instead of buying – https://youtu.be/Ci7TyD8jETY
Job opportunities with cryptocurrencies – https://youtu.be/89_p4pDlQtI
Inspiring cryptocurrency projects – https://youtu.be/WW8norCKUbE
From barter to abstract money – https://youtu.be/KYsppZoHguQ
Crossing the chasm of theoretical vs. real need – https://youtu.be/yIR0OBEAaUE
Remittances and smuggling in Venezuela – https://youtu.be/RRXecXfWARw
How long until mainstream adption? – https://youtu.be/y3cKBDBabtA
What is the biggest adoption hurdle? – https://youtu.be/jHgyHF3F2TI
Bitcoin as everyday currency – https://youtu.be/xYvvSV4mjH0
Hyperbitcoinization – https://youtu.be/AB5MU5fXKfo

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

Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/

Subscribe to the channel to learn more about Bitcoin & open blockchains!

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/)



  1. I agree with Philipp. Andreas has such a profound grasp of the information, and a masterful way of communicating his understanding, it's intoxicating (and I'm not gay. Not there's anything wrong with that. 555). This guy is FANTASIC!

  2. Excellent talk Andreas, mass adoption is coming. All it will take is one decentralized app to open the flood gates. Developers all over the world are hustling to find out what consumers want

  3. Andreas confirms again. There is only one thing that stops the illusion of control… it's the real control exercised by people… Oh and also a little sprinkling of Pandora's magic internet permission less truth.

  4. Corporation will struggle to build blockchains because no one will use it they need to adopt the already successful blockchains tried used and trusted by millions like bitcoin even ethereum and ripple the big three and more but bitcoin is the king crypto

  5. How can companies that transact up to hundreds of millions of $ rely on something like bitcoin right now, where your money can literally evaporate due to human error. Lose private keys=fucked. Blockchain is not people friendly at all. It was designed by and for paranoiacs, who live in the dark, underground, self-sufficient, anomymous most likely single and with no friends. In a normal world, maybe machines will use it somehow one day .
    As for p2p transactions, does anyone singing praise in these here comments actually use the blockchain? i made a btc purchase a couple of days ago, i checked the mempool first, there were 600 transactions in queue (most at 1-2sat/byte), i paid 4 sat/byte certain that i'd get in the next block. It took 50 more minutes for the network to find the next block i fell asleep, that block only had the highest fee transactions so i made it in the next one after that. I was dealing with a merchant who required 6 confirmations. Enough said. Bitcoin right now is useless and pointless.

  6. Andreas, thanks for your contribution to the block chain space I am a rather new to crypto and I am from Sri Lanka which is beginning to see hyperinflation of native currency (50% devaluation within four years compared to USD, which is also devaluing) so planning to put some money into Bitcoin through dollar cost averaging. I have this question bothering for some time. What will happen if miners switch off their rigs because in the case mining is not profitable and what will happen if Chinese government decide to ban mining therefore knocking off 80% of hashing power. Hope you will clear my doubts

  7. What a great speaker ! I really hope he will see that particl is trying to create his decentralized e-commerce vision. The same marketplace that satoshi wanted in the first place

  8. Any chance to find the full conference on the web ? I'm currently studying blockchain trough your book ("Mastering Bitcoin"), cryptoeconomics.study (WIP, but exciting project) and JS tutorials. Another day slowly learning, and this one is conclude by such a great talk from yourself.

    You, and a lot of other folks, are changing people lifes, changing the world. We were expecting that since a while, their's no word to explain how greatful the community is


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