Blockchain vs. Bullshit: Thoughts on the Future of Money [TIOM2-03]

Blockchain vs. Bullshit: Thoughts on the Future of Money [TIOM2-03]

Author: Andreas M. Antonopoulos December 21, 2017 Duration: 30:20
In this talk "Blockchain vs. Bullshit - Thoughts on the Future of Money," Andreas outlines the necessary criteria that will help you distinguish blockchains from bullshit, and why the goal of developing this technology should not be "banking the unbanked" but rather de-banking all of us.

This keynote talk took place at the Blockchain Africa Conference on March 2nd 2017 at the Focus Rooms in Johannesburg, South Africa: http://blockchainafrica.co/speaker/andreas-m-antonopoulos/

TOPICS:
The hype and empty promises around "blockchain" 2:30
Reconsidering info security, research in applied cryptography 4:45
Blockchains vs. databases 7:13
The essence of Bitcoin: revolutionizing trust 8:33
Open blockchains are the only ones that matter 10:24
Censorship resistance and other important characteristics 13:12
Criteria: blockchain or bullshit? 14:05
Fundamentally changing the allocation of trust 15:45
Permissioned "distributed ledgers" are boring & insecure 16:43
Hey Wall Street, Anonymous is coming for your keys 21:48
Promising opportunities, solving the unsolvable problems 23:06
The 3 elements to success in this industry 24:50
The necessary steps to mature out of infancy 27:44

QUESTION & ANSWER:
Hot vs. cold wallets - https://youtu.be/Aji_E9sw0AE
The revolution in trust - https://youtu.be/iWfpxB3HZOY

RELATED:
Blockchain for Beginners - https://youtu.be/i9nUMvpT2rM
How to get people to care about security - https://youtu.be/Ji1lS9NMz1E
Welcome to TrustNet - https://youtu.be/Rrj8sjHJthU
Hardware, Software, Trustware - https://youtu.be/Etyjc1JdmFU
Initial coin offerings (ICOs) - https://youtu.be/Q5R8KuxV4A0
What are the most exciting recent developments? - https://youtu.be/bCG5og_LwZY
Trust, promise of value, and intrinsic utility - https://youtu.be/Cxc9ybot9oM
The oxymoron of national blockchains - https://youtu.be/qSIBFBq9tRs
Private chains misunderstand the fundamental value of blockchains - https://youtu.be/haKVaGHKQJM

ABOUT
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.

Subscribe to the YouTube channel to learn more about Bitcoin & open blockchains! https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ

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

Read more:
“Mastering Bitcoin” - https://www.bitcoinbook.info/
“The Internet of Money” - https://theinternetofmoney.info/

Originally published as a YouTube video: https://www.youtube.com/watch?v=SMEOKDVXlUo&list=PLPQwGV1aLnTu0KFDbHk4AUiiyce0xLX7p&index=3

Andreas M. Antonopoulos presents The Internet of Money, a podcast that captures a series of his essential talks from 2015 to 2017. This isn't a typical business or investing show with market predictions; instead, it's a foundational exploration of why Bitcoin and blockchain technology matter on a societal level. Antonopoulos, known for his ability to translate complex concepts into clear narratives, delves into the philosophy of decentralized systems, examining how they reshape trust, power, and identity. Each episode is a standalone lecture, preserving the energy and depth of his live presentations. You'll hear him discuss the profound implications of a global, open financial network, moving far beyond price speculation to consider the human impact of this technological shift. The conversations within this podcast frame cryptocurrency not merely as an asset class but as a fundamental innovation with the potential to redefine how we interact and exchange value. Listening offers a chance to engage with the core ideas during a pivotal period in the technology's development, providing crucial context that remains relevant for anyone seeking a deeper understanding. The archive of talks serves as both a historical record and a source of enduring insight, making this collection a valuable resource for newcomers and seasoned observers alike who want to grasp the underlying principles of the internet of money.
Author: Language: English Episodes: 32

The Internet of Money
Podcast Episodes
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Duration: 5:39
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Bitcoin Q&A: Academic research [TIOM2-20] [not-audio_url] [/not-audio_url]

Duration: 2:17
ABOUT 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:…
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Duration: 4:12
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Bitcoin Q&A: Why Satoshi’s Identity Doesn’t Matter [TIOM2-17] [not-audio_url] [/not-audio_url]

Duration: 6:08
Keywords/phrases: Satoshi Nakamoto as Prometheus and the purpose of Bitcoin. Why Satoshi's identity doesn't really matter. The value of a permission-less system in building meaningful applications. ABOUT Andreas M. Anton…
Bitcoin Q&A: How much bitcoin do you have? [TIOM2-16] [not-audio_url] [/not-audio_url]

Duration: 3:22
How much bitcoin do you have? What percentage of our wealth should be in bitcoins? A percentage that reflects your understanding of how the technology works and your ability to absorb the risk that it entails. However it…
Bitcoin Q&A: The rules of Bitcoin (part 2) [TIOM2-15] [not-audio_url] [/not-audio_url]

Duration: 3:24
This is the second part of the answer to the question: "What are the rules within Bitcoin?" How does robust consensus and decentralized decision-making affect the predictability of the system? How does this compare to ce…
Bitcoin Q&A: The rules of Bitcoin (part 1) [TIOM2-14] [not-audio_url] [/not-audio_url]

Duration: 2:43
This is the first part of the answer to the question: "What are the rules within Bitcoin?" What makes a transaction "correct" or "incorrect"? What distinguishes the rules for transactions in Bitcoin from the rules for tr…
Bitcoin Q&A: Who determines the value of bitcoin? [TIOM2-13] [not-audio_url] [/not-audio_url]

Duration: 2:39
Keywords/phrases: Who determines the value of bitcoins? Everyone, through market forces of supply and demand in international liquid markets that operate around-the-clock. A fundamental difference between bitcoin and the…
Ethereum, ICOs, and Rocket Science [TIOM2-12] [not-audio_url] [/not-audio_url]

Duration: 14:10
In this talk, Andreas ponders the concept of "killer apps" within the constraints and capabilities of blockchain ecosystems, and what the essence of Ethereum is. He also examines the recent influx of money sharks and ICO…