In this talk, Andreas justifies why money is the “killer app” for blockchain technology and how a foundation of commerce must be developed before we move into the other exciting use cases beyond money. He also drives home that as we engineer these cryptocurrencies, we must grow our understanding of the fundamental properties of money.
This talk took place on May 8th 2017 at the Blockchain.NZ Conference in Auckland, New Zealand: https://antonopoulos.com/event/the-blockchain-new-zealand-conference/
QUESTION & ANSWER:
The separation of money and state – https://youtu.be/jGmtRA9S7_Y
The end of vampire-squid financing – https://youtu.be/yyXOQG5iNWo
RELATED:
The Stories We Tell About Money – https://youtu.be/ONvg9SbauMg
Fake News, Fake Money – https://youtu.be/i_wOEL6dprg
Blockchain vs. Bullshit: Thoughts on the Future of Money -https://youtu.be/SMEOKDVXlUo
Hardware, Software, Trustware – https://youtu.be/Etyjc1JdmFU
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
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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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It’s crazy to realize everyone here in the comments section is way ahead of the everyday person when it comes to the future of money. With cryptocurrencies and blockchain in the news everyday you would think after 10+ years (bitcoin birth 2008) that people would think this is not going anywhere. It’s not a bubble. It’s not just pure hype. It is the future.
Someone call the firemen, because this man is on fire! ? Great talk as always, Andreas. You are a source of inspiration to us all.
What an Amazing stuff.
It would really hurt a lot of people to hear all these truth about "money" 🙂
Molto bravo e preparato. grazie Andreas.
An eloquent genius!
Workers of United State of America jobs on Moon 2024 and beyond.
Thank Sir, God Bless America and Greece-Roman. The Way of Life in Planets/Galaxy/Universal/Worker of United
Thank Sir, God Bless America and Greece-Roman. The Way of Life in Planets/Galaxy/Universal/Worker of United
"You have to tell where you spend my taxes! I don't have to tell you shit about how I spend my money!" 19:00
Where can u buy cup of coffee with bitcoin?
Impressive!
BCASH /bitcoin cash is a concoin. DO NOT BUY IT.
That's not how you get from a barter system to a universal medium of exchange. Look up "Misesian Regression Theorem".
I love this guy.
well explained,
Andreas = Genius
This talk should let those that are participating in the cryptocurrency space feel very proud to be ahead of the masses. Andreas you give me goose bumps at times the way you poetically express the world changing technology!
"Engineed currency designed by a ragtag group of anarchist cypherpunk misfits who don't give a shit about your business plan, about (…) whether the regulators will legitimize and add credibility and accept"
Fuck yeah, Andreas.
Andreas ON FIRE
gold, silver are money. everything else is currency. you have to wonder, then, if they are not, why does the US government suppress their USD valuation in the futures market (COMEX)?
money must be:
durable, UOA, MOE, SOV, fungible, portable , divisible.
currency is not a store of value.
The most amazing crypto speaker in the world 😉
Top draw again. Cheers. Appreciate the information and insight.
mate, how much was the speaking fee?
2:45 MOE, SOV, UOA. Medium of Exchange, Store of Value, Medium of Exchange! 🙂 I love that line!
I really like Vitalik's comment about MOE, SOV and UOA I think he's hitting the head on the nail. I started thinking about money as a property of a manufactured thing, in a continuum. For example, for most people a factory won't ever have much moneyness because it doesn't work well at MOE SOV and UOA. For some people used cars provide some amount of those properties, and for most people most of the time things like US dollar bills, gold coins and crypto coins have quite a lot of those properties.
, Why is bitcoin made too look like a Gold coin ?,when its not a coin or Gold { IF YOU DON'T HOLD IT ,YOU DON.T OWN IT}.
Here's an interesting challenge for crypto currencies. People tout its affordability for large transactions, but it seems the fixed network fee makes it unaffordable for small transactions. Bitcoin now costs $2.91 USD to transmit a packet from wallet to wallet… not much if I am transferring $100s 0r $1000s, but a huge penalty if I am transmitting $10 or $1. To be useful in a cashless society, transmitting fees will need to scale DOWN for small transactions, or Mom and Pop will be locked out by what is perceived as a high cost of using it.
excellent speech
You are relentless, keep up the great work Andreas.
damn!!! I'm inspired!!!!!! thank you Andreas please keep going, moving, speaking, dreaming, and creating. the world is in desperate need! God bless!!