There has been a lot of misunderstanding when it comes to multisig. When it's a good idea to use and when it's not. Like any tool, in the right hands it becomes an excellent way to achieve your goals; in the wrong hands, using it can lead to disaster. In this video, Andreas clarifies when it's a good idea, and a not so good idea, for you to use multisig as part of your bitcoin and cryptoasset security system. If you're watching this video, you might also be interested in the Path to Self Custody workshop bundle which includes a hands-on demonstration of how to set up, test, use, and restore a hardware wallet. Andreas' workshops come with a 14 day money back guarantee, so you can try it without risk -- this might just be the LEAST risky thing in bitcoin! See the full course content: https://aantonop.com/workshops COMMENT below and let us know what you think of the video. Post your follow-up questions there too! SUBSCRIBE to this YouTube channel and select the bell ? for notifications: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ?sub_confirmation=1 JOIN this YouTube channel to become a YouTube Community Member and access custom emoji and other perks: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join BECOME a Community Builder: https://patreon.com/aantonop LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop You can also learn from one of aantonop's many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter. 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. Learn more at https://aantonop.com From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission. ***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://aantonop.io/shop Patreon: https://patreon.com/aantonop Website: https://aantonop.com Workshops: https://aantonop.com/workshops ***Connect with Andreas on Socials*** Facebook: https://www.facebook.com/AndreasMAntonopoulos Instagram: https://www.instagram.com/amantonop/ LinkedIn: https://www.linkedin.com/company/aantonop/ Twitter: https://twitter.com/aantonop Thanks for watching, sharing, and subscribing! ... https://www.youtube.com/watch?v=ePx5lBSI0es

Bitcoin's market-based governance system & the five consensus constituents: developers, miners, exchanges, merchants, wallets. Bitcoin's "election" is held every 10 minutes and determines the most valid, longest cumulative difficulty chain. Consensus choices have monetary consequences. We need to be patient and have the long-view perspective. Many innovations have been developed over the last two years while bitcoin has been in political deadlock and "failing to scale." This is a system of hard promises that can be softened (if you choose), that resists takeover, that is leader-less. Some people love free human expression and autonomy; others look at it and think, "Oh, you mean there's a vacancy at the top? Where do I send my application?" The things we accept and the choices we make today, as participants in this network, will make a huge difference 20 years down the line. This is part of a talk which took place at the 'Bitcoins in Bali' meetup on June 27th 2017 at the Hubud co-working space in Ubud, Bali, Indonesia: https://antonopoulos.com/event/bitcoins-in-bali-meetup/ RELATED: Money as a System-Of-Control - https://youtu.be/FyK4P7ZdOK8 Bitcoin: Where the Laws of Mathematics Prevail - https://youtu.be/HaJ1hvon0E0 The Digital Currency Commons - https://youtu.be/nYBKWrqR4I8 Forkology: A Study of Forks for Newbies - https://youtu.be/rpeceXY1QBM Is Bitcoin a democracy? - https://youtu.be/TC3Hq76UT5g Separation of money and state - https://youtu.be/jGmtRA9S7_Y Unstoppable code - https://youtu.be/AQx3E3F8Kz4 The revolution in trust - https://youtu.be/iWfpxB3HZOY Governance trade-offs in decentralized systems - https://youtu.be/dtwaW79Fj7c Scaling, trust, and trade-offs - https://youtu.be/vCxmHwqyJWU SegWit, scaling, and consensus - https://youtu.be/Jc7mrR6AAto Bitmain and the ASICBoost allegations - https://youtu.be/t6jJDD2Aj8k Biggest threat to cryptocurrencies - https://youtu.be/MNXSDaD97x0 Decentralized immunity from state-sponsored attacks - https://youtu.be/ZBuHOGufW14 Ethereum, ICOs, and Rocket Science - https://youtu.be/OWI5-AVndgk 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 Editi ... https://www.youtube.com/watch?v=E5VbDlQTPzU