Are you new to this bitcoin thing? Thinking about taking the leap in? Check out this interview i had with my former teacher, we talk money, business and the politics of bitcoin and Blockchain technology; then, now and in to the beyond. Get yourself a warm beverage and get comfortable, this interview is sure to open your eyes to the potential of this powerful (somewhat) new technology.
Three years ago I took an online MOOC (Massive Open Online Course) on the subject of digital currencies, still one of the best free education programs for the subject out there in my opinion although now there are so many more courses available i still think the approach in this particular course equipped me with the thinking required to develop new ideas in the space, see session 2 on the topic of ‘The Byzantine Generals’ problem’ to get to the heart of why this technology is such a game changer. My course tutors were Andreas Antonopolous and Antonis Polemitis.
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin. He is the author of two books: “Mastering Bitcoin”, published by O’Reilly Media and considered the best technical guide to bitcoin and “The Internet of Money”, a book about why bitcoin matters.
- Bitcoin has been accused of many things, expensive cost to transact, limited 7 transactions per second, mining inefficiencies that waste a lot of energy, community in fighting, potential for mining monopolies to appear: What are the major shortcomings of bitcoin so far in your opinion, and how can they be addressed?
- Blockchain. Who gains and who loses, and by which mechanisms of power?
- A lot is argued online between the various interested parties in the space, could you talk a little about how you view community in the context of development.
- In a august 2016 Forbes article entitled “Blockchain 101 With Andreas Antonopoulos: How Bitcoin Makes Each Of Us As Powerful As A Bank” you are quoted as saying how everyone will have “the same capability a banker has today” what consequences do you see in such capabilities being accessible to all?
- In your opinion which parties within the space are having most effect in terms of both facilitating and stifling user adoption?
- Your Lets talk Bitcoin co-host – Adam B levin Tweeted recently: “800 billion USD in cash and assets seized so far in the Saudi Arabian corruption crackdown. What happens if 10% of global corruption start going into #bitcoin?” What are your thoughts on the current status of questionable activity being carried out using Bitcoin?
- You have spoken about there being potentially millions of alt-coins available in the future. Can you give me some examples of how you see the features of these alt-coins and how they might differentiate from money as we understand it today. i.e programable money.
- In a recent talk you suggest we are moving from a world in which, quote: “Sovereignty creates currency, towards a world where currency creates sovereignty“ Could you elaborate on that statement further.
- Blockchain for good, best current examples in your opinion?
- How can one build a centralised profitable business upon a decentralised infrastructure? What type of business models could emerge in place of current models?
- What makes an ideal jurisdiction for crypto businesses, and whether one currently exists or whether the notion of one physical location is becoming obsolete.
- How did money become so complex? How did we become so far removed from our understanding of it?
- When Obama said “Everyone is walking around with a Swiss bank account in their pocket” how do you see that playing out in the long term considering that if everyone can hide their wealth, then government taxing the individual could become impossible.
- How might society look without a taxable citizenry? What new systems might replace the current taxation system?
- Where bitcoin meets the institutional financial sector and we begin to see investment vehicles such as ETF’s, what potential advantages or disadvantages do you see with these types of services being offered long term?
- Efficiency, how can running the bitcoin blockchain become more efficient in the future?
- What percentage of services claiming to use Blockchain today could actually be done without a blockchain solution.
- Thoughts on the recent cancellation of SegWit2x.
Andreas website: https://antonopoulos.com/
Support Andreas: https://antonopoulos.com/donate/
Producer site: https://bitjoin.me/
Support Producer: https://bitjoin.me/bitjoin-documentar…
Special thanks to Jonas Bergvall for all your help, producing and creating the new artwork and music for this video interview.