The biggest technical hurdle to Bitcoin adoption. User interfaces, generational change, understanding how money and specifically network-based currency works. Some people will never be comfortable with this form of money, but for many people under 30 who belong to an online connected society, doing money on the internet seems obvious. In some places, Bitcoin is being adopted quite rapidly, protecting their savings against crises.
This is part of a talk which took place on June 6th 2017 at a joint meet-up with Blockchain Professionals, BitcoinSYD and SydEthereum in Sydney, Australia: https://antonopoulos.com/event/blockchain-professionals-sydney/
Watch the full talk here: https://youtu.be/rpeceXY1QBM
RELATED:
How long until mainstream adoption? – https://youtu.be/y3cKBDBabtA
What are challenges to achieving mass-adoption? – https://youtu.be/f0wAh6_HEbo
Design for the disabled & disempowered – https://youtu.be/VlcHyl_rPVM
Are there opportunities for UX designers in Bitcoin? – https://youtu.be/zGknxl_dlrI
Why mainstream adoption will be neither gradual nor radical – https://youtu.be/4COw6K-qrK8
The revolution in trust – https://youtu.be/iWfpxB3HZOY
Embrace the Good, Reject the Fear – https://youtu.be/38U0BQQLzK0
Crossing the chasm of theoretical vs. real need – https://youtu.be/yIR0OBEAaUE
How will Bitcoin be adopted by developing markets? – https://youtu.be/zC_k1XQhBMg
Unstoppable code – https://youtu.be/AQx3E3F8Kz4
Inspiring cryptocurrency projects – https://youtu.be/WW8norCKUbE
Irreversibility and consumer protection – https://youtu.be/R107YWu5XzU
Bitcoin, Payment Security, and Consumer Protection – https://youtu.be/qMkGfB8X58o
Remittances and smuggling in Venezuela – https://youtu.be/RRXecXfWARw
Open source as cross-pollination & consensus through collaboration – https://youtu.be/JTHV6PA-Dw8
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
[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388
Subscribe to the channel to learn more about Bitcoin & open blockchains!
If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: https://www.patreon.com/aantonop
Outro 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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Why there is no ads on the videos? I would play all videos on 10 tabs multiple times if there would be ads.
I want to marry his brain
Like to get his take on the SDR tokken ACChain
I think once we do get the killer app and user interface we will def see widespread adoption..it will come soon as the technology gets better! Theres gotta be an easier way and someone will do it soon I'm sure!
BITQUENCE.
Thought I'd throw my two Satoshi's in.
1) The biggest technical hurdle isn't technical.
2) Normies don't understand BTC.
3) Normies had their education replaced with public schools and don't know that either.
4) Normies are waiting to be told what BTC is by Authority.
5) Normies are waiting for permission to use BTC as currency by Authority.
6) Normies have information replaced with media, the priestly class to Authority.
7) Normies see BTC as a distrustful speculative investment, not currency. If it is not controlled or regulated by Authority, it is evil.
8) The good news? Normies are dying off. We'll get there.
Great ?????
Hi Andreas, in this video you mentioned your family was able to save their savings from Greek banks using bitcoin. Have you ever expanded on this topic? If not, this a suggestion to do it if possible 🙂 Just thinking this looks like good advice for us all. Thanks!
Thanks.
I love this guy
What is more important: to build the greatest crypto apps that will be used by millions or to inspire and educate millions to build the greatest apps?
🙂
Thanks for your work Andreas!
Well again great video. I need to say that there are more people around me who do not understand how crypto is working and how it could be used in the future. But some already made with my help wallets and try to understand how it could be used, I did send to each one some btc funds to see how it works.
I think one big hurdle that nobody talks about is how Bitcoin's volatility undermines people's association of value with things of relatively fixed value of things they would purchase with Bitcoin. It works like a security, not like cash. I think this is obvious to people who have looked at cryptocurrencies in general, but this is a specific problem with Bitcoin. Until real things are price in Bitcoin, people will trust their understanding of fiat.