In this talk, Andreas questions whether our ways of measuring success in Bitcoin and open blockchains (such as price, market capitalisation, or being able to buy coffee at Starbucks) make sense, what these metrics reveal about our individual goals, and why we should instead focus on fostering communities founded on principles we want to see flourish in the world.

This talk took place on May 23rd 2018 as part of ‘The Internet of Money Tour’ at University College Dublin in Dublin, Ireland: https://antonopoulos.com/event/dublin-bitcoin-meet-up/

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

RELATED:
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
Wallet design and mass adoption – https://youtu.be/WbZX6BDZJHc
Mass adoption and peer-to-peer commerce – https://youtu.be/n9qIAEFS-Qs
Price volatility and store of value – https://youtu.be/wzzZT95ijTo
Why I earn bitcoin instead of buying – https://youtu.be/Ci7TyD8jETY
Job opportunities with cryptocurrencies – https://youtu.be/89_p4pDlQtI
Inspiring cryptocurrency projects – https://youtu.be/WW8norCKUbE
From barter to abstract money – https://youtu.be/KYsppZoHguQ
Crossing the chasm of theoretical vs. real need – https://youtu.be/yIR0OBEAaUE
Remittances and smuggling in Venezuela – https://youtu.be/RRXecXfWARw
How long until mainstream adption? – https://youtu.be/y3cKBDBabtA
What is the biggest adoption hurdle? – https://youtu.be/jHgyHF3F2TI
Bitcoin as everyday currency – https://youtu.be/xYvvSV4mjH0
Hyperbitcoinization – https://youtu.be/AB5MU5fXKfo

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.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/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

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

Subscribe to the channel to learn more about Bitcoin & open blockchains!

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

25 COMMENTS

  1. Now that there is a 'facecoin' (Libra), yes, it probably will get more adoption than bitcoin. Most people are going to love it. They are happy as long as they can pay for their frappuccino with their phones quickly and easily. Only later will they discover that there are people and organizations that they cannot send money to because facebook/government won't allow it. Or that you won't be able to buy an expensive item because of your credit rating or your unpaid bills. You will only be able to transact within the confines of what governments allow you. With Libra you do not control your own money. With Bitcoin you do.

  2. 24:24 "Let's say Facebook releases their own coin, Facecoin, that sounds terrible. (audience laughs)"

    Funny I watch this, the same day Facebook releases F̶a̶c̶e̶c̶o̶i̶n̶,̶ ̶Z̶u̶c̶k̶B̶u̶c̶k̶s̶,̶ ̶G̶l̶o̶b̶o̶c̶o̶i̶n̶,̶ Libra

  3. When he asked about the measure of success I didn't think of any of the ones he mentions. I believe we succeeded if people at some point have, because of bitcoin, the choice and the ability to easily work outside of the current fiat and banking system.

  4. I'm really curious if we could expect the mainstream use of genuinely decentralized, neutral, open, censorship less, borderless ecosystem, by making it more convenient? Does convenience and sacrificing these principles go hand in hand ?

  5. The network should only include people that want to be free. First you make that choice then you participate in the network. Utility is the only not mesure of success, the network could have two nodes or N nodes but all nodes must be free.

  6. I put lots of money into Various of blockchain projects, because i wanted to get Rich, i still want to get Rich, i did this at the point he spoke about.

    But i still feel like the technology could do really cool things, and i would rather keep the coins that i have and buy things with them rather then chaning it to fiat, but sadly today Fiat is buying power, and we all need it.

    Andreas is probably the perfect person to listen to when the price goes into the red, because he says it dosnt really matter, wich he is right about, it only matters to traders, iam no trader.

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