In this talk, Andreas examines the sensationalist debate over “fake news,” the rising tide of faith-based nation states declaring bitcoin as “fake money,” and alternative mechanisms we can build to fill the void left by retired fact-checking departments & central bank authorities.

This talk took place at the Silicon Valley Bitcoin meetup on April 11th 2017 at the Plug and Play Tech Center (@PlugandPlayTC) in Sunnyvale, California: https://www.meetup.com/Silicon-Valley-Bitcoin-Users/events/233760417/

TOPICS:
Fake news happens on both sides; cheerleaders for war 0:21
When did the debate over fake news begin? 1:39
The rise of churnalism 4:04
Fact-checking depending on trust in authority of institutions 5:28
“The internet is fake news!”; decentralising critical thinking 6:47
Tribalism, propaganda, and the myths of money 8:29
When hollow reality returns to “full faith” money 11:36
Bitcoin as an alternative to faith-based financial systems 15:13
“Drug dealers! Terrorists! Pornographers! Criminals!” 19:04
Discerning fake vs. real money in a world without authority 21:09
Demonetisation and price premiums in India 22:58
Final thoughts 24:53

QUESTION & ANSWER:
Altcoins and the scaling debate – https://youtu.be/slbpdW-H3yk
Bitmain and the ASICBoost allegations – https://youtu.be/t6jJDD2Aj8k
Unstoppable code – https://youtu.be/AQx3E3F8Kz4
The token ICO explosion – https://youtu.be/vdaW8NtJXuQ

RELATED:
The Stories We Tell About Money – https://youtu.be/ONvg9SbauMg
The Currency Wars and Bitcoin’s Neutrality – https://youtu.be/Bu5Mtvy97-4
Bitcoin drilling holes in the financial system dam – https://youtu.be/aTnmrS8s8Jw
When will the scare stories stop? – https://youtu.be/yhKIKB6cn6w
The War on Cash and Crypto – https://youtu.be/BAlRKfvBnvw
Divisibility and deflationary monetary policy – https://youtu.be/xhLgxX_wU6E
What is the biggest threat? – https://youtu.be/1-XUbH1F0Os
Someone said bitcoin is “dead”. What do you say? – https://youtu.be/_osg3W7VI-Q
Will Bitcoin survive global government intervention & regulation? – https://youtu.be/_QS-wCxnqr0

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.

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

36 COMMENTS

  1. We should no longer look at the exchange rate of 1 BTC to the dollar.

    We should rather see how much BTC we still get for $ 1!

    This simply illustrates how the dollar price loses confidence!

    I admire Mr. Andreas M. Antonopoulos. Keep it up

  2. If everyone in a country start using only bitcoin , will it eliminate inflation ? I mean inflation is a local phenomena. Its possible the cost of living in this country will be more expensive in 10 year so you can buy less with your hard earned money. Also globalization and unity does not seem to work perfectly when joining different economize just like happened with the EURO. I mean Germany is doing great but other smaller countries are not doing so well after embracing the EURO. I'm a programmer but did some basic economy courses and we were told that the main bank is using local currency manipulation such as devaluation to support the economy and government . The idea of one coin for all sounds romantic but what will happen to main banks and governments and the people that did not invest it will be chaos.. My guess is governments and banks will make sure bitcoin is never stabilized bringing it up and down so it will never stabilized and therefor will not be considered as reliable coin. Unlike traditional markets you can't tell who is making most of the buying and selling to tell if my guess is real. P.S I been living in Ukraine for the past year and seen first hand the result of a money value dropping by 70%

  3. The collapse of confidence in the Indian Rupee does not mean an individual should have confidence in Bitcoin. Bitcoin is traded as a commodity on the Stock Exchange while simultaneously purports to be a constant store of value – which is contradictory nonsense. Gold was monetised for decades at just over $35 per oz. After it was demonetised, it was traded as a commodity and reached $800 per ounce in the early 1980s before collapsing in price. The narrative of the growth of fake news is rational. The collapse of advertising revenue of the newspapers precipitated a collapse of journalistic standards because salaries could no longer be paid. One significant measure to gain confidence in currency is to take away the power of the banks to create money. The You Tube Money Creation and Society video is worth watching

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