Video - Bitcoin Q and A Open Blockchains or Dystopia

Does terminological purity matter? What is and isn't a blockchain? Openness is a characteristic that matters. The blockchain is the least interesting part of Bitcoin. The use implications are more interesting. Consensus algorithm, degree of decentralization, openness to innovation, permission-less-ness, identity vs. anonymity, censorship and coercion resistance.

The vast majority of future transactions will be digital. Without financial privacy, you'll get financial surveillance; protests will have financial consequences. Transactional privacy has been the standard for most of human history. What kind of future do you want to live in?


Written by Andreas M. Antonopoulos on June 28, 2016.