Andreas M. Antonopoulos on What Happens When Bitcoin Takes Over




In this episode, I talk with the man the legend Mr Andreas M. Antonopoulos. We talk about his influences, how the aggregate decisions of humans lead to adverse outcomes, Bitcoin use cases and ah-ha moments and what maximalists miss with Ethereum.

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*****

“We’re talking about a change in how humanity organises itself.”
— Andreas M. Antonopoulos

Interview location: Skype
Interview date: Thursday 28th Feb, 2019
Company: Independent
Role: Bitcoin & Open Blockchain Expert, Speaker, Author

Bitcoin, the decentralised, trustless, censorship-resistant money.
Bitcoin, digital gold and the hardest form of money the world has.
Bitcoin, a financial infrastructure built for the digital age.

Whatever Bitcoin is to you, it is young, it is maturing, and it is growing in its use cases. Individuals and companies around the world are increasingly adopting Bitcoin; governments are regulating; institutions are investing and developers are building.

Bitcoin is still on the edges; it is niche; it is for the geeks and the speculators, the early adopters and entrepreneurs. But as Bitcoin continues to grow its impact upon humanity will be profound. It is a fundamental shift in what money and value are and how it is held and moved.

In this interview, I talk with Andreas M. Antonopoulos about what happens when Bitcoin takes over. We also discuss Bitcoin use cases and the ah-ha moments which can shift your perception of what Bitcoin is and what it means.

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47 Comments

  1. Grow your net worth ten times in the next four months by trading USD, BTC, and ETH for KBC, KCB, and UNV on the Karatbit exchange. It’s not emotional it’s just math, and hardly anyone knows about this 24 Karat little secret that’s not a secret. Gold Independence Day is July 4, 2019. Don’t miss it.

  2. he made an interesting point about poocoins paying to train new blockchain devs.
    sometimes those blockchain devs then later discover bitcoin and contribute

  3. they keep referring to a "Stefan". They only discussion I can find b/w Anton and Stefan Molyneux is from 2014… So what discussion are they referring to? A different Stefan perhaps?

  4. I fundamentally disagree with what Andreas is saying at 1:30:00. Ethe cannot function as a utility token unless it first functions as a store of value.
    Essentially what Andreas is saying, if i understand correctly, is that for the Ethereum network to work properly the price of ethe must only reflect the demand for people using it to pay for uncensorable computation. Essentially what he is saying is that if you hold ethe with the intention of selling it at a higher price you are negatively effecting the network. If this is true, which i don't believe it to be, then Ethereum is doomed to fail. If i believe that someone is building an uncensorable decentralized global computer and the only way to operate it is with a slowly inflated amount of tokens, you bet your ass i'm going to hide some away and ask a premium for them in the future.

  5. New term I coined years ago, I think, malevolendipity, fits many of the explanations Andreas gives. The antonym of malevolendipity is serendipity, so it's definition is something like this: "malevolendipity is the occurrence and development of events by chance in a sad or destructive way". The aggregate of all of our choices and actions is producing current outcomes.

  6. I don't want to believe it,but Bitcoin is going nowhere,they are holding the price down,just as they have done with gold and silver.They can leverage it 100 or a 1000 to 1 for as long as they like,if you need any more proof,how long have they held the gold price down?Since 2011 and it isn't going anywhere anytime soon.These so called experts in precious metals have never been correct with the price,specially GATA,keep saying the price is going to explode,they can't keep it down,wrong,wrong,wrong.We can't escape these BASTARDS who control everything.The only way and I hope it comes soon,is for everything to blow up worldwide.

  7. Be careful advertising for Blockfi. Interest accounts are verrry questionable. If you continue accepting money from them you should stipulate that you must mention that their interest rate is variable in the ad.

  8. Some of my favorite books :-
    Count of Monte Cristo – Alexander Dumas
    Mastering Bitcoin – Andreas Antonopolous
    Creature From Jekyll Island – J Edward Griffin
    Gordon Gecko said "greed is good" but is it ?
    Andreas makes some very well considered points here – he really is a kind of an "evangelist" but is tempered by a healthy dose of realism – but he's still a "believer" at heart.

  9. My ah ha moment was when i heard Andreas describe Bitcoin as 'money as a content type'. Everywhere you look, when something has become a content type, the industries involved have ignored it, resisted, then been turned completely upside down

  10. I'm mainly in bitcoin, but I feel sorry that u feel sorry because someone defended Ethereum a bit. It's a bitcoin cast and that's great and fine, but I don't think it should be a maximalist and intolerant cast.

  11. the way Andreas describes the main issue as one of scaling and architecture and how banking was a great liberalizer and poverty reducer that is not scaling well due to its hierarchical, bureaucratic architecture and how decentralized systems will allow us to move governance models into the 21st century was a brilliant insight – wow.

  12. when a critical mass of people realize how badly they are being screwed by the banking/fake-government crime syndicates THEN and only then will crypto and bitcoin really take off. Read anatomy of the state. Murray Rothbard.

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