A. Antonopoulos. The brilliant, renown, ultra-cool, ultra-badass computer engineer, nerd-genius, humanistic, visionary, author, speaker. Outstanding lecture, as usual!! One of his best.
I share the anger... I share the euforia... I am 59 years old and i experienced all Andeas said about banks and the "system". At last there is a option 2 now. At last there is a plan B. Exit! I am finished using my voice. I tried voting for the right politicians long enough. I am not willing anymore to consider option one, using my voice. I am so angry about the unwillingness of my government (Holland), and all other governments to do right, that the results for me is that plan B is the absolute only thing i want... EXIT! Thank you Andreas for catching my feeling into words.
When reading this I thought you were an American. It goes to show how widespread the assault is. When Greece was getting the shaft all I could think about was that it was the test case to see what the people would do.
We're all slaves, we just don't want to believe it because we're the ones perpetuating it by going along with the systems. If 1/3 of the people in each country just stopped, it would destroy every system that controls us within 1 quarter, permanently.
Wow Andreas...you were on fire! Excellent analysis, clearly explained and I do agree with most that was said. Except for the "Millennials" part, I am 62 and already started leaving parts of our society some years ago, including using digital currencies as the new store of value. A society I helped create and I am not proud of where we stand at the moment. My children are Millennials and I am trying to convince them to join the new path, that is the least I can do at the moment! Thanks for pointing out that path and helping us to stay on the right track.
Roger Ver became Judas when he sold out for 30 coins of bcash (If it wasn't that it would've been bitcoin unlimited or bitcoin XT) Right from the very beginning he was over-exaggerating with his off the cuff spiel which now looks super cringeworthy if you look back at the multiple examples of it on video now. And what about his "I'm sure that all the current withdrawal problems at Mt.Gox are being caused by the traditional banking system, not because of a lack of liquidity at Mt.Gox." video? Overall I think he's done more damage than good to Bitcoin.
He has always been the bitcoin's best leader, since he has always kept his politics out of bitcoin. That and he is great at staying focused on just one concept per lecture.
I have had money stolen from my bank account twice by my bank and I could do nothing. When I bought my first Bitcoin I had a powerful sense of relief and security I haven't had for years knowing no bank would ever steal money from me again !!!
Such a great video. The 4 main banks here in Australia are freezing peoples bank accounts if they do business with a crypto exchange, they are trying to make it virtually impossible to take your money away from them and invest it in the crypto currencies. Governments taxing all your crypto. They are fighting hard to still be in control here in Australia.
Excellent talk Andreas: you are an expressive speaker with knowledge and passion. What I'm reading is that many banks are making blockchain software and rebranding it as something else. MAS in Singapore is one example. Isn't there a chance that the government will step in and regulate them and then a short jump to us? Can Bitcoin survive this as opposed to the other multiple cryptocurrencies that are popping up everywhere with extra added functions on their blockchains and or bank affiliations?
Excellent comment - might I however humbly suggest that it is primarily a decentralization of the power over value. But it IS being torn from the hands of tyrants so I agree with the sentiment whole heartedly.
Inarguably the best criticism on our current economic system, where money is a coordinating mechanism used to control relationships between people, and flows of information.
Blockchain technology doesn't need militant adoption, it needs a risk component that outperforms central banks for stimulating economic growth. IMO its not the decentralized unit of exchange or storehouse of wealth that makes bitcoin or ethereum revolutionary, it's decentralization of wealth creation itself by issuing ICOs that will truly be disruptive. ICOs can replace (or augment) the as-needed (fiat) functionality provided by central banks. This is the mechanism that will provide the missing liquidity inherent in finite, individual coins. With an ICO every purchaser acts like a little bank assuming the risk that the individual coin will either live or die by the value it generates. Cryptos are born into a world that is already flooded with currency but they'll take root where need isn't met and judged by overall net economic growth. Blockchain technology and the ICO are a natural combo complimenting each other's risk/trust profile, and this synergy is what may truly give central banks a run for their money.
Wow, Andreas mentioning associating with the wrong group of people will have you banned. Maybe not i Canada, well turned out that is what happened to Canadian truckers. This guy has incredibly insights and will forever be the OG bitcoiner who onboarded huge amounts of people. Thank you Andreas for everything you have done so far
I love these vids but could we see them sooner ? This one is recent but I have seen 'new' ones uploaded from talks presented 18 - 24 months earlier. But I do love them 😗
in december 2017 this vidjayo has 3k likes and 23 dislikes = ratio of 130.4 smart people for each idiot. good work team! and thanks AAntonop- very thankful to have your insights and explanations to refer others to.
Let me preface this by saying that I am avid supporter and holder of crypto, is there any plan to carry on with the type of increased economic growth that we have become accustomed to due to fractional reserve lending and its ability to increase the velocity of money. I get that it's unsafe by nature and causes crises but when it isn't causing crisis it does provide a lot of leverage for economic growth. Any way to keep this up in the age of crypto and no more fraction reserving.
For so long I have tried to tell people the changes that were enacted by Richard Nixon ! People are unaware that in the 1920's-50's the tax rates for the top 1% elite was nearly 90%+ and yet they were still capable of living in luxury. Minimum wage if recalculated to account for Inflation should be more than $20 an hour. Since the fifties we have changed from a society where a single parent could work and still provide their family with a home, car, food, clothing, a mother ( not sexist or meant to be just comparing to the times) could stay home and raise children with no focus other than to maintain a healthy home. Nixon's head advisor was the CEO of meryll lynche and during that regime the American (global) way of life was changed forever out of greed and oppression.
No, no. There is a third option. And that is to create something new, something different in the same space that the old crappy system exists. And that is what these geniuses have done.
Absolutely. That’s great. All spot on. Been saying this stuff for years. We know the problem, most of us anyway, but what’s the solution? Where’s the map showing us exactly how to exit this horrendous system?
In effect, money has 5 economic properties. Four have always been there; the fifth is new: Unit of account, portability (ability to transfer easily), store of value, medium of exchange And now, the ability to control its user, with the introduction of CBDCs Even though current money can definitely have controls, 9 out of 10 transactions do not.
