Blockchain vs. Bullshit: Thoughts on the Future of Money [Classic Bitcoin & Open Blockchain Talk]

Andreas Antonopoulos explains how to distinguish open, decentralized blockchains from corporate marketing hype.

In this talk "Blockchain vs. Bullshit - Thoughts on the Future of Money," Andreas outlines the necessary criteria that will help you distinguish bitcoin 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 talk is featured in The Internet of Money volume 2, which can be purchased in multiple languages in paperback, ebook, or audiobook: aantonop.io/tiomv2ebooks/ Chapters 0:00 Introduction 2:30 The hype and empty promises around "blockchain" 4:45 Reconsidering info security, research in applied cryptography 7:13 Blockchains vs. databases 8:33 The essence of Bitcoin: revolutionizing trust 10:24 Open blockchains are the only ones that matter 13:12 Censorship resistance and other important characteristics 14:05 Criteria: blockchain or bullshit? 15:45 Fundamentally changing the allocation of trust 16:43 Permissioned "distributed ledgers" are boring & insecure 21:48 Hey Wall Street, Anonymous is coming for your keys 23:06 Promising opportunities, solving the unsolvable problems 24:50 The 3 elements to success in this industry 27:44 The necessary steps to mature out of infancy QUESTION & ANSWER: Hot vs. cold wallets - youtu.be/Aji_E9sw0AE The revolution in trust - youtu.be/iWfpxB3HZOY RELATED: Blockchain for Beginners - youtu.be/i9nUMvpT2rM How to get people to care about security - youtu.be/Ji1lS9NMz1E Welcome to TrustNet - youtu.be/Rrj8sjHJthU Hardware, Software, Trustware - youtu.be/Etyjc1JdmFU Initial coin offerings (ICOs) - youtu.be/Q5R8KuxV4A0 What are the most exciting recent developments? - youtu.be/bCG5og_LwZY Trust, promise of value, and intrinsic utility - youtu.be/Cxc9ybot9oM The oxymoron of national blockchains - youtu.be/qSIBFBq9tRs Private chains misunderstand the fundamental value of blockchains - youtu.be/haKVaGHKQJM This keynote talk took place at the Blockchain Africa Conference on March 2nd 2017 at the Focus Rooms in Johannesburg, South Africa: blockchainafrica.co/speakers/andreas-m-antonopoulos/ 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 twitter.com/aantonop Website: antonopoulos.com/ He is the author of: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; "Mastering Ethereum," also published by O'Reilly Media and is a programmers guide to the Ethereum network; and “The Internet of Money,” a series of books about why bitcoin matters. Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos! MASTERING BITCOIN, 2nd Edition: amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: bitcoinbook.info/translations-of-mastering-bitcoin/ THE