In this talk “Blockchain vs. Bullshit – Thoughts on the Future of Money,” Andreas outlines the necessary criteria that will help you distinguish blockchains from bullshit, and why the goal of developing this technology should not be “banking the unbanked” but rather de-banking all of us.

    This keynote talk took place at the Blockchain Africa Conference on March 2nd 2017 at the Focus Rooms in Johannesburg, South Africa:

    TOPICS:
    The hype and empty promises around “blockchain” 2:30
    Reconsidering info security, research in applied cryptography 4:45
    Blockchains vs. databases 7:13
    The essence of Bitcoin: revolutionizing trust 8:33
    Open blockchains are the only ones that matter 10:24
    Censorship resistance and other important characteristics 13:12
    Criteria: blockchain or bullshit? 14:05
    Fundamentally changing the allocation of trust 15:45
    Permissioned “distributed ledgers” are boring & insecure 16:43
    Hey Wall Street, Anonymous is coming for your keys 21:48
    Promising opportunities, solving the unsolvable problems 23:06
    The 3 elements to success in this industry 24:50
    The necessary steps to mature out of infancy 27:44

    QUESTION & ANSWER:
    Hot vs. cold wallets –
    The revolution in trust –

    RELATED:
    Blockchain for Beginners –
    How to get people to care about security –
    Welcome to TrustNet –
    Hardware, Software, Trustware –
    Initial coin offerings (ICOs) –
    What are the most exciting recent developments? –
    Trust, promise of value, and intrinsic utility –
    The oxymoron of national blockchains –
    Private chains misunderstand the fundamental value of blockchains –

    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
    Website:

    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:

    Translations of MASTERING BITCOIN:

    THE INTERNET OF MONEY, v1:

    THE INTERNET OF MONEY, v2:

    Translations of THE INTERNET OF MONEY:
    Spanish, ‘Internet del Dinero’ (v1) –
    French, ‘L’internet de l’argent’ (v1) –
    Russian, ‘Интернет денег’ (v1) –
    Vietnamese, ‘Internet Của Tiền Tệ’ (v1) –

    MASTERING ETHEREUM (Q4):

    Music: “Unbounded” by Orfan (
    Outro Graphics: Phneep (
    Outro Art: Rock Barcellos (

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