Blockchain vs. Bullshit: Thoughts on the Future of Money [Classic Bitcoin & Open Blockchain Talk] [qWFvIeUYA8P]

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: 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 - The revolution in trust - RELATED: Blockchain for Beginners - How to get people to care about security - Welcome to TrustNet - Hardware, Software, Trustware - Initial coin offerings (ICOs) - What are the most exciting recent developments? - Trust, promise of value, and intrinsic utility - The oxymoron of national blockchains - Private chains misunderstand the fundamental value of blockchains - This keynote talk took place at the Blockchain Africa Conference on March 2nd 2017 at the Focus Rooms in Johannesburg, South Africa: 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 Website: 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: Translations of MASTERING BITCOIN: THE INTERNET OF MONEY, v1: THE INTERNET OF MONEY, v2: Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - French, 'L'internet de l'argent' (v1) - Russian, 'Интернет денег' (v1) - Vietnamese, 'Internet Của Tiền Tệ' (v1) - MASTERING ETHEREUM (Q4): Music: "Unbounded" by Orfan (Outro Graphics: Phneep (Outro Art: Rock Barcellos (Join the aantonop Channel: #bitcoin #blockchain #cryptocurrency #wieviel kostet ein bitcoin #bitcoin besitzer #bitcoin meme #real-world assets crypto list