What is happening with the Quadriga scandal? What should this teach us about the risks of trusting third parties? What implications will this have for regulation of exchanges? Why is decentralization important?

This question is from the third session of MOOC 11, which took place on February 14th 2019. 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

NOTE: This is still a developing story and a lot more information has surfaced since this video was recorded last month. See more about it here: https://bitcoinmagazine.com/articles/quadrigacx-and-the-million-dollar-questions-what-we-do-and-dont-know/

RELATED:
Canadian Senate Testimony on Bitcoin – https://youtu.be/GP_eT6E4os8
What is Consensus: Rules without Rulers – https://youtu.be/2tqo7PX5Pyc
Bitcoin Security: Bubble Boy and the Sewer Rat – https://youtu.be/810aKcfM__Q
Bitcoin, A New Species of Money: An Evolutionary Perspective on Currency – https://youtu.be/G-25w7Zh8zk
Measuring Success: Price or Principle – https://youtu.be/mPMsbgWl9p4
Why Open Blockchains Matter – https://youtu.be/uZPIz3ArQww
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
How does the Blockstream satellite work? – https://youtu.be/C1GxxlqRkKQ
Regulation and the bank boycott – https://youtu.be/8ypH69Cb1l0
Remittances and smuggling in Venezuela – https://youtu.be/RRXecXfWARw
Bitcoin as everyday currency – https://youtu.be/xYvvSV4mjH0
What is the appeal of sound money? – https://youtu.be/tfba4FFErrQ
Hyperbitcoinization – https://youtu.be/AB5MU5fXKfo
Why permissioned blockchains fail – https://youtu.be/GEQzlJ_WL-E
Protocol development security – https://youtu.be/4fsL5XWsTJ4
How to avoid re-creating systems of control – https://youtu.be/EfoGnDoaBL8
Wallets, nodes, and monetary sovereignty – https://youtu.be/8Hb3tUn8s4E
Is bitcoin testing governments? – https://youtu.be/UfRGo2LAIpo
Will governments let privacy coins exist? – https://youtu.be/30sjEW70rLE
Geopolitics and state-sponsored attacks – https://youtu.be/htxPRTJLK-k
Governance and social attack immunity – https://youtu.be/PjOHatoX6Fk
Sanctions and censorship resistance – https://youtu.be/DeXe5eGRl7E
State-sponsored digital currencies and trust minimization – https://youtu.be/dSpFbg7jlDw

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.

Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!

MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9

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

THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs

THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ

Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang

MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK

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/)

source

17 COMMENTS

  1. That senate Canadian hearing on bitcoin was one of the best and earliest videos that I have ever watched. Andreas schooled their asses LMAO. I appreciate everything you do for bitcoin, the myriad of topics on bitcoin that was eloquently described by you and easily understood for the layman, such as myself . Andreas relieved my weak hand syndrome on many occasions. great vid. must see for everyone https://www.youtube.com/watch?v=qCzEc1Hg5p4

  2. Thanks Andreas, I was lucky to find your amazing advice before I purchased any crypto. When the time came I knew exactly how to store my bitcoin securely. I remember my parents calling me in a fret when that quadriga story broke on the news. They assume it was me, I laughed and explain the difference of how I store my bitcoin and those poor souls who trusted quadriga, and of course I ended my conversation with them with "not your keys, not your bitcoin"

  3. I was a client of QuadrigaCX and what is odd is that I once was going to transfer some funds to them …ie ..bank to bank…and they wanted me to deposit the funds into a bank Poland or somewhere far away like that. So sensing the strangeness I backed away….My opinion is QuadrigaCX scammed exit

LEAVE A REPLY

Please enter your comment!
Please enter your name here