Bitcoin: Where the Laws of Mathematics Prevail

In this talk, Andreas speaks about Bitcoin as a system of commerce that is the culmination of decades of research into cryptography and digital currencies, and how it achieves digital scarcity through proof-of-work and decentralized consensus. He argues that Bitcoin is powerful because it is where the laws of mathematics prevail to deliver robust security, financial autonomy, and censorship resistance.

This talk took place on July 7th 2017 at a Bloktex event hosted by the Wisma BeeOn Group in Kuala Lumpur, Malaysia: https://antonopoulos.com/event/the-future-of-money-kuala-lumpur-malaysia/

TOPICS:
00:00 Cryptographic primitives
01:02 The double-spend problem and the advent of digital scarcity
05:31 Trusting centralised authorities; early digital currency failures
06:47 What is a blockchain?
08:39 Proof-of-work and independent validation
11:18 Honesty is rewarded, cheating is expensive
13:55 Global network-centric, market-based security
17:10 The internet of money – commerce as the first application
17:33 Identity is optional; permissionlessness
18:15 Financial autonomy and censorship resistance
21:19 Transforming banking, finance, investment, and law
22:04 You cannot prohibit mathematics once people understand how it works
22:22 Open, public, permissionless, borderless blockchains

QUESTION & ANSWER:
How do I secure my bitcoin? – https://youtu.be/vt-zXEsJ61U
The rules of Bitcoin (part 1) – https://youtu.be/VnQu4uylfOs
The rules of Bitcoin (part 2) – https://youtu.be/vtIp0GP4w1E
SegWit, scaling, and consensus – https://youtu.be/Jc7mrR6AAto
Inspiring cryptocurrency projects – https://youtu.be/WW8norCKUbE
ICOs and responsible investment – https://youtu.be/C8UdbvrWyvg

RELATED:
Bitcoin for Beginners – https://youtu.be/UlKZ83REIkA
Blockchain for Beginners – https://youtu.be/i9nUMvpT2rM
Hard Promises, Soft Promises: Promoting Autonomy instead of Authority – https://youtu.be/UJSdMFPjW8c
The Stories We Tell About Money – https://youtu.be/ONvg9SbauMg
Blockchain vs. Bullshit: Thoughts on the Future of Money – https://youtu.be/SMEOKDVXlUo
The revolution in trust – https://youtu.be/iWfpxB3HZOY
The War on Cash and Crypto – https://youtu.be/BAlRKfvBnvw
Migrating to post-quantum cryptography – https://youtu.be/dkXKpMku5QY
Forkology: A Study of Forks for Newbies – https://youtu.be/rpeceXY1QBM
The Lion and the Shark: Divergent Evolution in Cryptocurrency – https://youtu.be/d0x6CtD8iq4
What is the role of nodes? – https://youtu.be/fNk7nYxTOyQ
Governance trade-offs in decentralised systems – https://youtu.be/dtwaW79Fj7c
Why are decentralised networks resistant? – https://youtu.be/VupQFdGUdzU

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.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388

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Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (https://www.phneep.com/)
Outro Art: Rock Barcellos (https://www.rockincomics.com.br/)