In 2014, you told the Canadian Senate to hold off on regulating cryptocurrencies for five years. What would you say to them now and do you see any new restrictions or regulations regarding bitcoin coming in the next 6 months? How would the Cryptocurrency Tax Fairness Act (HR-3708) affect capital gains reporting? Most regulations in the next six months will probably focus on ICOs and whether they fall under securities law. Custodial services which hold money on behalf of others may also face more scrutiny on a state-by-state basis in the United States. I don’t believe in KYC/AML regulations. More and more interactions will move to decentralised exchanges; destroying the on- and off-ramps will just encourage people to stay in the cryptocurrency economy. Boycotting a technology or industry that is rapidly evolving is not a good idea.

My testimony to the Canadian Senate:

The first question is from the patron-only live Q&A which took place on November 27th 2017. The second question is from the patron-only live Q&A which took place on January 27th 2018. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron:

Bitcoin, Payment Security, and Consumer Protection –
Money as a System-of-Control –
Worse Than Useless: Financial Surveillance –
Blockchain vs. Bullshit –
Fake News, Fake Money –
Bitcoin and the Banks – Five Stages of Grief –
The Currency Wars and Bitcoin’s Neutrality –
Investing in Education Instead of Speculation –
Hot vs. cold wallets –
How do I choose a wallet? –
Decentralized exchanges and counterparty risk –
Atomic swaps –
My response to Jamie Dimon –
Why developers are leaving banks –
Borderless money –
Alternatives to centralised exchanges –
HODLing and the “get free” scheme –
Could governments take over exchanges? –
CME Bitcoin Reference Rate –
Futures markets –
Coinbase vs. the IRS –
Decentralized power, leaderless governance -
The revolution in trust –
Separation of money and state –
Price volatility, pegging, stability –
Wealth distribution statistics –
From barter to abstract money –
Initial coin offerings (ICOs) –
The token ICO explosion –
ICOs and financial regulation –
ICOs and responsible investment –
ICOs, disruption, and self-regulation –
ICOs and pyramid schemes –
Scams, gambling, and regulation
Ethereum, ICOs, and Rocket Science –

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

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.





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Music: “Unbounded” by Orfan (
Outro Graphics: Phneep (
Outro Art: Rock Barcellos (