Special Note: Our second collectible episode NFT is now up for bids. It’s another no-reserve auction format which will end sometime between March 20th and 21st.
This week on Speaking of Bitcoin, we’re digging into voting - and how could, or would putting voting on a blockchain help? How would it even work? We discuss.
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In this Q&A segment, Andreas talks about the progression of mining performance from CPU to ASIC and how that created strong centralization. But now that we have arrived at the highest silicon fabrication density (at or below 16nm), the entire industry is bound by a much slower process, with 2x increase every 18 months at best. This new dynamic removes many of the incentives to centralization of mining.
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https://www.youtube.com/watch?v=2-fUosBOu58
In this Bitcoin Q&A, Andreas M. Antonopoulos talks about how privacy is a human right and is the fountainhead for all other human rights. Without financial privacy, we don’t have human rights.
0:00 Privacy is a human right
0:22 Without financial privacy, you don't have political rights
1:11 We should not incentivize people to make their private financial infomation public
2:04 Justice is the fundamental requirement for peace
What is a Monthly Q&A Community Builder Livestream?
Once a month, Andreas answers community questions on anything related to Bitcoin, Ethereum, the Lightning Network, really anything related to open blockchains. He’s live on YouTube for about an hour, answering the best questions asked by Community Builders on Patreon, Community Members on YouTube, and anyone who shows up during the event.
How can I ask questions and vote?
You’re welcome to ask your question at the next Livestream event. You can find out when it is by subscribing to the channel and turning on notifications or by visiting this playlist: https://www.youtube.com/playlist?list=PLPQwGV1aLnTtqBtaD-hSCf9RwpwQQy-Ji.
Community Builders who support this free work on Patreon get to ask questions and vote on questions at least a week before the event. YouTube Community Members who support this work get to ask questions and vote an hour before the event starts. Everyone else gets to ask questions and vote on questions when the event starts. Giving early access is a small way Andreas can give something to the people who help to financially support the mission and still include anyone who wants to participate.
SUBSCRIBE to this YouTube channel and select the bell ? for notifications: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ?sub_confirmation=1
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BECOME a Community Builder: https://patreon.com/aantonop
You may already know that Andreas’ mission is to educate as many people as possible about Bitcoin and open blockchain technologies. Watching and sharing these videos is one way to do that. Thank you for being part of this mission!
About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com
***Learn More From Andreas’ Workshops, Books & Events**
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: https://aantono
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https://www.youtube.com/watch?v=p4oOrMejI3k
Irreversible transactions and consumer protection. Why would people want irreversible transactions? Will that slow down adoption? The difference between a system of hard promises which can be softened and a system of soft promises which can't be hardened. We're used to operating in a system of soft promises, where your bank can reverse your transactions whether you ask it to or not. These blockchain system involve hard promises, but Bitcoin and Ethereum do not guarantee that a payment will happen irreversibly -- it guarantees that the contract within the transaction will be executed irreversibly. If that contract says "Without second thought, send this money to here and never look back," that is the contract which is going to be executed irreversibly. But that's not the only contract you can put in there. Options: 30-day refund payments, third-party escrows, reintroducing counter-party risk. The difference is that the owner of the money is the only one who can reintroduce those constraints. It is an irreversible guarantee that the wishes you expressed as a consumer within your transaction script will get executed, simulating all of the softness that you want. Right now it's too difficult to do those scripts, but that's an engineering problem just a few rounds of incremental innovation away. We can offer more robust, more predictable guarantees for consumer protection than any system of soft promises. There will be bugs, but you iterate through the bugs.
This is part of a talk which took place on September 18th 2016 at the Silicon Valley Ethereum meetup in Mountain View, California: https://www.meetup.com/EthereumSiliconValley/events/233988744/
RELATED:
Hard Promises, Soft Promises: Promoting Autonomy instead of Authority - https://youtu.be/UJSdMFPjW8c
Bitcoin, Payment Security, and Consumer Protection - https://youtu.be/qMkGfB8X58o
Immutability and Proof-of-Work - The Planetary Scale Digital Monument - https://youtu.be/rsLrJp6cLf4
Programmable Money: Hard Promises, Soft Contracts - https://youtu.be/prHax4yrncY
Will compliance with regulation benefit Bitcoin? - https://youtu.be/QpVmt3ufdrs
What is the role of nodes? - https://youtu.be/fNk7nYxTOyQ
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.amaz
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https://www.youtube.com/watch?v=R107YWu5XzU
What are the incentives for founders of protocols and first-mover advantage? Why is the user experience design of ATMs important? What are Bitcoin's biggest obstacles to success? Why is predicting adoption trends hard?
These questions are from the community event at Paseo la Plaza in Buenos Aires, Argentina, which took place on January 29th 2019: https://antonopoulos.com/event/buenos-aires-event/
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:
Hard Promises, Soft Promises: Promoting Autonomy instead of Authority - https://youtu.be/UJSdMFPjW8c
The Killer App: Engineering the Properties of Money - https://youtu.be/MxIrc1rxhyI
Measuring Success: Price or Principle - https://youtu.be/mPMsbgWl9p4
Escaping the Global Banking Cartel - https://youtu.be/LgI0liAee4s
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
Why I'm against ETFs - https://youtu.be/KSv0J4bfBCc
Do crypto-banks threaten hard money? - https://youtu.be/Ps78g2_3_6o
What is the appeal of sound money? - https://youtu.be/tfba4FFErrQ
Regulation and the bank boycott - https://youtu.be/8ypH69Cb1l0
Wallet design and mass adoption - https://youtu.be/WbZX6BDZJHc
Mass adoption and peer-to-peer commerce - https://youtu.be/n9qIAEFS-Qs
Adoption of disruptive technology - https://youtu.be/eMZAjw0KiSM
Fostering adoption with empathy - https://youtu.be/Wrb8tfqYPzw
Bitcoin, Lightning, and Streaming Money - https://youtu.be/gF_ZQ_eijPs
Scaling strategies and adoption - https://youtu.be/dML1a_Ek9Kw
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 adoption? - 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
Why permissioned blockchains fail - https://youtu.be/GEQzlJ_WL-E
How to avoid re-creating systems of control - https://youtu.be/EfoGnDoaBL8
Is bitcoin testing governments? - https://youtu.be/UfRGo2LAIpo
Andreas M. Antonopoulos is a technologist and serial entrepreneur who h
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https://www.youtube.com/watch?v=_rhcgIVzWOs
If you're a freelancer who loves crypto, why not find work that pays you bitcoin? Where can you find these jobs? There are a number of crypto job boards out there, but they come with some risks. Andreas walks through the benefits and pitfalls in this video.
0:00 Do you know any recommended platforms, communities, etc., where people like me can offer our services and get paid in BTC?
0:18 There's are a bunch of services where you can find jobs but you have to be extremely careful, they are full of scams.
1:18 There are also some platforms where you can do serious work - Gitcoin
2:59 There are a lot of software testing jobs out there and it's not just about Ethereum, there's a broad variety.
Gitcoin: https://gitcoin.co/
Related Videos:
The Most Decentralized Cryptocurrency Exchange: Earn It - https://youtu.be/cFWcaoQIWvM
Getting paid in Bitcoin: How Can I Make It Easy for My Employer to Pay Me in Bitcoin? - https://youtu.be/8yuwvKbKsRY
This video is from the How to Earn and Sell for Crypto bonus livestream which took place on Jun 13, 2020.
Learn more about becoming a Community Builder: https://patreon.com/aantonop
Join the YouTube Channel: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join
*** Socials, Books, & More ***
Website: https://aantonop.com
Twitter: https://twitter.com/aantonop
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Insta: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Amazon Author: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
Music: "Unbounded" by Orfan (https://twitter.com/grassfedbitcoin)
Don't forget to SUBSCRIBE to this YouTube channel and select the bell ? for notifications.
Thanks for watching!
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https://www.youtube.com/watch?v=9ggayQd_4M8
Can hardware wallets be trusted to generate seeds for you? What are the risks of trusting these devices? How can you use them securely without making things too complex and causing yourself more problems?
This question is from the bonus Q&A session on security, which took place on March 28th, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon: https://www.patreon.com/aantonop
Related Videos:
Bitcoin Q&A: Why is seed splitting a bad idea? - https://youtu.be/p5nSibpfHYE
Bitcoin Q&A: Is Multi-sig for the Average User? - https://youtu.be/nRts1VWkOXQ
Bitcoin Q&A: What is a private key? - https://youtu.be/xxfUpIV9wRI
Bitcoin Q&A: Hardware wallets and attack surface - https://youtu.be/8mpDcBfNA7g
Bitcoin Q&A: How do mnemonic seeds work? - https://youtu.be/wWCIQFNf_8g
Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. Andreas has written two best-selling technical books for programmers, “Mastering Bitcoin” and “Mastering Ethereum”. He has published “The Internet of Money” series of books, which focus on the social, political, and economic importance and implications of these technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies.
Subscribe to this channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!
Follow on Twitter: @aantonop // https://twitter.com/aantonop
Connect on Facebook: https://www.facebook.com/AndreasMAntonopoulos
Connect on LinkedIn: https://www.linkedin.com/company/aantonop/
Follow on Instagram: https://www.instagram.com/amantonop/
Learn More: aantonop.com
Listen to the “Unscrypted” Podcast: https://aantonop.com/unscrypted/
MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
MASTERING ETHEREUM: https://amzn.to/2xdxmlK
THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs
THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ
THE INTERNET OF MONEY, v3: https://aantonop.io/tiomv3
Translations of THE INTERNET OF MONEY:
Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq
German, 'Das Internet des Geldes' (v1) - https://amzn.to/2LEiyqO
German, 'Das Internet des Geldes' (v2) - https://amzn.to/2VCzse5
French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang
Music: "Unbounded" by Orfan (https://twitter.com
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https://www.youtube.com/watch?v=cONG2ZNjJ0c
0:00 How could hard money societies address mass unemployment?
1:05 Does financial stimulus work? And the Cantillon effect.
3:02 What are the crisis relief options in a hard money economy?
What would happen if a crisis hit a hard money economy where printing money for financial stimulus was not possible?
Many in the crypto community appreciate Bitcoin because it can not be inflated. However, in tough times governments use money as a tool to stimulate recovery. How would economic stimulus work in a hard money economy? How well does financial stimulus work now and what would be the crisis relief options in a hard money economy?
This question is from the Patreon Q&A session which took place on April 25th, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon: https://www.patreon.com/aantonop
Related Videos:
Bitcoin Q&A: How would Bitcoin be affected by a return to a gold standard? - https://youtu.be/NmiT-a2g0fw
Bitcoin Q&A: Will bitcoin become the world's reserve currency? - https://youtu.be/ctz4E5Z21No
*** Socials, Books, & More ***
Website: https://aantonop.com
Twitter: https://twitter.com/aantonop
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Insta: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Amazon Author: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
Music: "Unbounded" by Orfan (https://twitter.com/grassfedbitcoin)
Don't forget to SUBSCRIBE to this YouTube channel and select the bell ? for notifications.
Thanks for watching!
...
https://www.youtube.com/watch?v=HJ3GfJHosGo
What are the implications of blockchain projects that re-create the same financial systems of control that we currently have? Should we use banks for custodial cryptocurrency services? Are there benefits to permissioned, centralised blockchains for supply chain management, digital rights management (DRM), healthcare data, or tokens for senior citizens’ credit? Why is decentralisation of control and minimising trusted third parties in finance is more important? What should we learn from the demonetisation & Gresham's Law in India? Can we achieve our dreams without capitulating on principles?
These questions are from the MOOC 9.6 session, the June monthly Patreon session, and part of the Denver talk, which took place on March 23rd, June 24th, and August 6th 2018 respectively. Andreas is a teaching fellow with the University of Nicosia. The first course in their Master of Science in Digital Currency degree, DFIN-511: Introduction to Digital Currencies, is offered for free as an open enrollment MOOC course to anyone interested in learning about the fundamental principles.
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:
Measuring Success: Price or Principle - https://youtu.be/mPMsbgWl9p4
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
Why I'm against ETFs - https://youtu.be/KSv0J4bfBCc
Regulation and the bank boycott - https://youtu.be/8ypH69Cb1l0
Wallet design and mass adoption - https://youtu.be/WbZX6BDZJHc
Mass adoption and peer-to-peer commerce - https://youtu.be/n9qIAEFS-Qs
Scaling strategies and adoption - https://youtu.be/dML1a_Ek9Kw
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: @aantono
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https://www.youtube.com/watch?v=EfoGnDoaBL8
This is part two (a bonus episode) of last weeks discussion of "cryptoization" and why the IMF is utterly terrified of it going mainstream.
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https://www.youtube.com/watch?v=_PJIlianiJg