Bitcoin for Beginners Playlist: Intro to Bitcoin, Satoshi, Security, Mining and More - The Stories We Tell About Money

In this talk, Andreas recounts the history of Bitcoin and what it represents, building upon all the stories we've been told over the centuries about what "money" is, how we perceive its value, and why the old answers have changed as we adjust to this new world of digital peer-to-peer currencies. He also discusses global threats to economic stability and trust in the financial system, including demonetisation and wealth destruction through inflation. This talk took place at the JW Marriott Sahar (International Airport) on March 26th 2017 in Mumbai, India: https://www.townscript.com/e/bitcoin-talk-by-the-world-famous-andreas-antonopoulos-203132 Chapters: 00:00 In the beginning... 00:41 Digital scarcity 01:34 Peer-to-peer network 01:59 Solving the double-spending problem 04:10 Cash, peer-to-peer without intermediaries 04:34 People paying companies to maybe pay people 05:28 The un-banked and the under-banked 06:08 Bitcoin - digital money as cash 07:16 What is cryptocurrency? 08:42 Independent self-verification 10:24 Why the Internet is special - global free flow of information 12:24 Why Bitcoin is special - global free flow of money 13:34 The bizarre aspects of traditional banking 15:36 Adjusting to this new world 16:48 Governments attempting to control Bitcoin 18:18 "Who's in charge?" - system of trust without hierarchy 20:20 People who see Bitcoin's strengths as flaws 21:19 Multi-signature schemes for consumer protection 23:20 Our misunderstanding of the most ancient technology 26:30 What gives money value? Stories we tell, promises we trust 29:48 The shared hallucination of paper money 31:22 False promises and the myth of "zero-value" currencies 34:02 Gresham's Law in India 35:13 The characteristics of good money & currency 36:49 Difficulties of barter at a large scale 38:13 Ancient tokens of values 39:11 Scarcity vs. inflationary supply, debt & devaluation 41:52 Bitcoin vs. traditional money as a store of value 43:05 "How much is a bitcoin worth?" 43:47 Digital gold 44:21 "Fake money" resolved by the market 45:17 Closing summary & remarks QUESTION & ANSWER: What happens to our bitcoins during a hard fork? - https://youtu.be/sNR76fWd7-0 What is the role of nodes? - https://youtu.be/fNk7nYxTOyQ Price premiums and arbitrage - https://youtu.be/B4tsk-ZiHuE Fee markets, SegWit, and scaling - https://youtu.be/zxt-FLzZPhg Who is Satoshi Nakamoto? - https://youtu.be/1iEv-gUZNx4 Unlimited vs. Cypherpunks - https://youtu.be/5adgo4-32HU RELATED: Aadhaar and blockchain identities - https://youtu.be/GylSvJf53zI Why KYC is dangerous - Microviolations of Privacy As Payment - https://youtu.be/rwF7nMWUjBs Privacy, Identity, Surveillance and Money - https://youtu.be/Vcvl5piGlYg Remittances & smuggling in Venezuela - https://youtu.be/RRXecXfWARw 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. 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: https://amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Russian, 'Интернет денег' (v1) - https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK Videography: Zebpay Bitcoin India Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/) Join the aantonop Channel: https://aantonop.io/joinaantonopyt