Crypto 101 | VIDEO: Just Released: Andreas Antonopoulous: Bitcoin Q&A: Is Bitcoin a democracy? (8 mins) - Super practical resource here today!! (Other videos inside post also)
bitcoin·@barrydutton·
0.000 HBDCrypto 101 | VIDEO: Just Released: Andreas Antonopoulous: Bitcoin Q&A: Is Bitcoin a democracy? (8 mins) - Super practical resource here today!! (Other videos inside post also)
##### <center> https://www.youtube.com/watch?v=TC3Hq76UT5g&feature=em-uploademail ---- ##### <center> Andreas M. Antonopoulos is an early pioneer, adopter & educator in the Bitcoin/Crypto space if you have not heard of him. ##### <center> He routinely puts out some of the best information going. He speaks plainly and simply with some humour! -- He travels the world preaching the Bitcoin, Liberty, Crypto and Blockchain gospel and is one of the most well respected lecturers and teachers in the crypto world! ---- ### I always include a library of AA's videos in these posts, just like he does in every one of his YT channel videos. These are things for you to use, save, watch, share, and learn from if you have time now or come back to later if you wish. It's here to help you, with extra resources. -- This resource showed up in my email inbox recently, have a watch, share it with those who are learning. ---- #### Follow Andreas & Barry on Twitter: -- #### https://twitter.com/aantonop #### https://twitter.com/BarryDutton ---- Published on Jul 4, 2017 > The intersection between blockchains and democracy. "Democracy" is a loaded word where people project a lot of things. > Democracy without restraints (human rights, civil rights, constitutional protections) is a brutal system. I don't think Bitcoin is a democracy - rather it is a flat, network-based, collaborative system of super-majority consensus among five constituencies (users, developers, exchanges, merchants, miners), which makes change very difficult. It is a radical decentralization of power. > Some people call the politics of this system "cypherpunk," "crypto-anarchy," and other words we don't yet have. Bitcoin and open public blockchains are redefining political systems, organisational systems, freedom of speech, and freedom of association on a transnational basis. Democracies today are systems of hierarchical institutions born out of the era of industrialisation. > It doesn't scale any more. We have the ability to produce enough food and energy for everyone, but we just can't distribute it. > What is the structure of consensus? The different constituencies of the ecosystem. Coalitions, influencers, and pundits. Noise doesn't change the consensus rules. > Talk is cheap but real changes play out between live participating nodes on a network protocol with game theory economic incentives overriding everything else. You can be right or you can be wrong, but if you break consensus you'll be poor either way. People may signal they want one thing, but execute something else, holding on until they start losing money. > This is part of a talk which took place on June 6th 2017 at a joint meet-up with Blockchain Professionals, BitcoinSYD and SydEthereum in Sydney, Australia: https://antonopoulos.com/event/blockc... ---- Watch the full talk here: https://youtu.be/rpeceXY1QBM ---- ### <center> RELATED: ---- The Lightning Network - https://youtu.be/vPnO9ExJ50A ---- ##### <center> Lightning, full nodes, and miners - https://youtu.be/dlJG4OHdJzs ---- ##### <center> Bitcoin & Blockchain in Norway - https://youtu.be/5ODDCx6VL2Y ---- ##### <center> What happens to transaction fees when the block reward is zero? - https://youtu.be/FffX32ENGKc ---- ##### <center> Rules vs. Rulers - https://youtu.be/9EEluhC9SxE ---- ##### <center> Governance and the transaction fee market - https://youtu.be/gdknUUVOdHU ---- ##### <center> Scaling is a moving target - https://youtu.be/pT9kJq_Ogrk ---- ##### <center> Why we should worry about optimization, not scaling - https://youtu.be/J3sEcuCc9fg ---- ##### <center> Altcoins and the scaling debate - https://youtu.be/slbpdW-H3yk ---- ##### <center> The Scaling Rites of Passage - https://youtu.be/rZi86_ovB3Y ---- ##### <center> Is Bitcoin development centralised? - https://youtu.be/7hm4Ro4wdTk ---- ### <center> QUESTION & ANSWER: ---- The separation of money and state - https://youtu.be/jGmtRA9S7_Y ---- ##### <center> The end of vampire-squid financing - https://youtu.be/yyXOQG5iNWo ---- ### RELATED: Why we should worry about optimisation, not scaling - https://youtu.be/J3sEcuCc9fg The Lightning Network - https://youtu.be/vPnO9ExJ50A Lightning, full nodes, and miners - https://youtu.be/dlJG4OHdJzs Bitcoin, Lightning, and Streaming Money - https://youtu.be/gF_ZQ_eijPs Rules vs. Rulers - https://youtu.be/9EEluhC9SxE The Scaling Rites of Passage - https://youtu.be/rZi86_ovB3Y Altcoins and the scaling debate - https://youtu.be/slbpdW-H3yk Unlimited vs. Cypherpunks - https://youtu.be/5adgo4-32HU ---- ### QUESTION & ANSWER: Scaling is a moving target - https://youtu.be/pT9kJq_Ogrk ICOs and financial regulation - https://youtu.be/Plu_WX3Gs8E ---- ### <center> RELATED: What happens to our bitcoins during a hard fork? - https://youtu.be/sNR76fWd7-0 The dangers of hard forks in protocol evolution - https://youtu.be/vxEHRvhJKvA Hard forks and the cultural mulligan - https://youtu.be/KT-7APasANI Open source as cross-pollination & consensus through collaboration - https://youtu.be/JTHV6PA-Dw8 The Lion and the Shark: Divergent Evolution in Cryptocurrency - https://youtu.be/d0x6CtD8iq4 Bitcoin: A new species of money - an evolutionary perspective on currency - https://youtu.be/G-25w7Zh8zk Evolving layered technologies in cryptocurrecy - https://youtu.be/13Iff4d3p3k The Scaling Rites of Passage - https://youtu.be/rZi86_ovB3Y Ethereum: Consensus vs. Immutability - https://youtu.be/OGGW9ozE-ys LTB Live: TheDAO, ETH, Soft-Fork, DoS and what's next - https://youtu.be/epWjD6mlBVs Unlimited vs. Cypherpunks - https://youtu.be/5adgo4-32HU ---- ##### <center> 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-Mon... MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi... ---- #### Thanks for reading, have a nice day. ---- http://i.imgur.com/68SXQpW.gif ---- https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/DQmeMsokLJHgvoqfQt44Zy7Kvmvjr68x51nGqfrtm65zqoe/image.png ---- ## If you liked this blog post - please Resteem it and share good content with others! -- ### Some of my recent blogs: -- https://steemit.com/steemitcampfire/@barrydutton/steemitcampfire-series-weekend-10-is-tonight-just-a-reminder-and-runs-all-weekend-again-starts-in-a-few-hours-consider https://steemit.com/cryptocurrency/@barrydutton/inspirational-quote-of-the-nite-as-i-head-to-bed-lol-welcome-to-fud-fridays-in-crypto-where-everything-goes-on-sale-every-dang https://steemit.com/life/@barrydutton/activist-post-series-or-e-5-or-gathering-nearly-1000-petitions-signed-that-landed-on-the-prime-minister-of-canada-s-desk-to https://steemit.com/steemit/@barrydutton/some-good-news-2-steemit-milestones-thanks-i-hit-15-000-posts-and-2500-followers-or-what-a-ride-steemit-family-thank-you https://steemit.com/steemit/@barrydutton/telling-fascistbook-off-on-your-page-saying-they-should-get-on-steemit-lol-captured-on-the-blockchain-and-the-twitter https://steemit.com/cryptocurrency/@barrydutton/what-are-you-trading-today-and-why-or-e-37-of-a-community-based-engagement-resource-for-everyone-july-4th-2017-basic-market ---- If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much. -- Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477 Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL ---- https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/0x0/https://steemitimages.com/DQmWGQ9N7Ysr3o9dir4G6hXrK9s7dfAoCbjmf6YQz4Uthdw/image.png ---- ##### Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week. </center>
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