Bitcoin: Where the Laws of Mathematics Prevail

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Bitcoin: Where the Laws of Mathematics Prevail
Bitcoin: Where the Laws of Mathematics Prevail

Published on Jul 29, 2017
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.

https://www.youtube.com/watch?v=HaJ1hvon0E0&feature=youtu.be&utm_content=buffer436f2&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
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-fu...

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
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-Mon...

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitc...

Subscribe to the channel to learn more about Bitcoin & open blockchains!

If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: https://www.patreon.com/aantonop

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/)
Category
Science & Technology
License
Creative Commons Attribution license (reuse allowed)



Source:
https://www.youtube.com/watch?v=HaJ1hvon0E0&feature=youtu.be&utm_content=buffer436f2&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
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