In this talk, Andreas speaks about Bitcoin as a system of commerce that is the culmination of decades of research into cryptography and digital currencies, and how it achieves digital scarcity through proof-of-work and decentralized consensus. He argues that Bitcoin is powerful because it is where the laws of mathematics prevail to deliver robust security, financial autonomy, and censorship resistance.
This talk took place on July 7th 2017 at a Bloktex event hosted by the Wisma BeeOn Group in Kuala Lumpur, Malaysia: https://antonopoulos.com/event/the-future-of-money-kuala-lumpur-malaysia/
TOPICS:
00:00 Cryptographic primitives
01:02 The double-spend problem and the advent of digital scarcity
05:31 Trusting centralised authorities; early digital currency failures
06:47 What is a blockchain?
08:39 Proof-of-work and independent validation
11:18 Honesty is rewarded, cheating is expensive
13:55 Global network-centric, market-based security
17:10 The internet of money – commerce as the first application
17:33 Identity is optional; permissionlessness
18:15 Financial autonomy and censorship resistance
21:19 Transforming banking, finance, investment, and law
22:04 You cannot prohibit mathematics once people understand how it works
22:22 Open, public, permissionless, borderless blockchains
QUESTION & ANSWER:
How do I secure my bitcoin? – https://youtu.be/vt-zXEsJ61U
The rules of Bitcoin (part 1) – https://youtu.be/VnQu4uylfOs
The rules of Bitcoin (part 2) – https://youtu.be/vtIp0GP4w1E
SegWit, scaling, and consensus – https://youtu.be/Jc7mrR6AAto
Inspiring cryptocurrency projects – https://youtu.be/WW8norCKUbE
ICOs and responsible investment – https://youtu.be/C8UdbvrWyvg
RELATED:
Bitcoin for Beginners – https://youtu.be/UlKZ83REIkA
Blockchain for Beginners – https://youtu.be/i9nUMvpT2rM
Hard Promises, Soft Promises: Promoting Autonomy instead of Authority – https://youtu.be/UJSdMFPjW8c
The Stories We Tell About Money – https://youtu.be/ONvg9SbauMg
Blockchain vs. Bullshit: Thoughts on the Future of Money – https://youtu.be/SMEOKDVXlUo
The revolution in trust – https://youtu.be/iWfpxB3HZOY
The War on Cash and Crypto – https://youtu.be/BAlRKfvBnvw
Migrating to post-quantum cryptography – https://youtu.be/dkXKpMku5QY
Forkology: A Study of Forks for Newbies – https://youtu.be/rpeceXY1QBM
The Lion and the Shark: Divergent Evolution in Cryptocurrency – https://youtu.be/d0x6CtD8iq4
What is the role of nodes? – https://youtu.be/fNk7nYxTOyQ
Governance trade-offs in decentralised systems – https://youtu.be/dtwaW79Fj7c
Why are decentralised networks resistant? – https://youtu.be/VupQFdGUdzU
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
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
Such a brilliant person!
i’m totally motivated to run a bitcoin node. anybody done this on AWS? Is this valid: https://gist.github.com/romanz/17ff716f13a34df49ff4
Bitcoin just lost 20% of its value in about 24 hours. Is that a good "investment"?
Over what exactly did the Laws of Mathematics prevail?
This is so eloquent…I'm such a fan. I share your content constantly.
Now that i start to understand ; it is like the wheels ; it seems so simple and elegant
Thank you Andreas for your message and your fight!
15:30 i am very skeptical of digital assets representing physical assets. the digital asset is likely to become useless as it is always playing catch-up to the state of the physical asset. in other words there is more than one source of truth – the physical realm and the digital realm, and one must cede to the other
If you own electricity you can hold the system to ransom. Just a thought.
This is one of the coolest talks about Bitcoin I have ever seen!!! 😉
Brilliant! very encouraging☮️
Registration of real world assets like land and cars requires a central authority (oracle) and therefore is censorship prone.
wont you do a livestream and guide us through the fork ? look at a new block… import some keys… get some bcc. dump it. etc ?
YISS BY! as is said in St. Johns NFLD. makes total sense– WTP for we the peopl have the means w. Bitcoin/ the www to FREE ALLL! humans(sorry for so many CAPS from the SLAVERY of the 1% scumbag bankSTERS & their PYSCHOTIC THUGS who call themselves politicians/hereditary rulers; viz Her Royal MAGOTTSTY E.R.II queen of england; who seems to think shes ruler of Canada?? Bitcoin is the biggest redistribution of wealth PLANET WIDE .. .. EVER> Go Humans!!
Thumbs down to the thumbs downers!!
Excellent! I truly appreciate the clear and concise way you explain your subject. I try not to miss any of your videos!
awesome as always…mind blowing.
Andreas, have you heard about this? https://pastebin.com/n0aGBMQr
Can this really happen?
Could God be Mathematics or Mathematics Godly
No one is in control YET…. SkyNet will be born soon!
Jeez, are you not glared by the projector's light? That might have been uncomfortable.
Good to see your videos after ages…..
the alpha male of nerd snatch right here^^
Who would give this a thumb down?!
Is SegWit changing these fundamentals about Bitcoin? Is it still peer to peer? Wil it stil be decentralized?
God love ya man, you are one of the best teachers and people in the Crypto space and Liberty movement. I share you videos ALL THE TIME on Steemit to teach new people / refresh and edutain older Crypto folks. We all appreciate you and your wit and humour too AA.
When someone asks me What is Bitcoin, I'll refer them here. This is solid and clear.
Mandatory high school material
Profound
When he speaks of 'machine to machine transactions', 16:50 I think he is thinking of IOTA
?Another very important video brilliantly explained by Andreas. One day this information will become common knowledge. Those who see this for what it is and could be are far ahead of the game.?