Andreas Antonopoulos – Bitcoin
If talk about currencies, network systems and internet security is something that scares you, then you are about to have your mind blown.
This week’s episode of London Real brings you Andreas Antonopoulos – technologist, serial entrepreneur and world Bitcoin expert.
If you’ve heard of Bitcoin you may still believe this digital currency is only used by drug-dealers, terrorists and pornographers.
Andreas addresses the bad press Bitcoin has received and is adamant that it’s about to change.
As he points out, this is part of the journey of any new cutting edge technology.
The big paradox at the heart of Bitcoin is that it simulates a coin made from precious metal, i.e. it’s rare.
It doesn’t immediately make sense to have a digital ‘thing’ be rare, as everything in the digital world can be copied ad infinitum.
Confused? Well, you’ve come to the right place!
Andreas’s genius is in making complex economic and digital concepts understandable.
If you are baffled by how a currency that trades in the real world can simply be invented from scratch in the ether of the internet, don’t worry, it’s all here.
During the episode, Andreas lead us from his first discoveries of Bitcoin to his now widely accepted expertise, and his evangelism for the currency.
Andreas insists, however, he is not selling Bitcoin.
He simply wants to open up the dialogue about the future of money, and reveal to ordinary people the scope of the technology.
As Andreas says, he’s not in this for the money. He is in it because he loves having “a front row seat in the making of history“.
One thing that might surprise you about Andreas is how approachable and likeable he is.
For a guy who spends his life talking about computer systems and economics, he’s remarkably easy to communicate with.
He’s candid, passionate about what he does, and his optimism about Bitcoin is infectious.
Even if you struggle with talk about currencies, computer networks and financial security, you’ll come away from this week’s episode a believer.
Andreas not only cares about Bitcoin, he cares that YOU care also.
Tune in to watch a fascinating person unravel the cutting edge of money in the digital age.
02:04 Brian’s thoughts on the episode.
05:56 Brian’s Introduction.
06:30 London Real’s relationship with Max Keiser and Bitcoin.
08:12 Background to Bitcoin revelatory moment for Andreas.
11:56 Satoshi Nakamoto, who (he or she) created the first network centric platform.
12:34 Bitcoin is the first application of the invention there are so many more possible applications.
14:54 Andreas’ fugue type state of complete obsession whilst searching for deeper understanding.
16:59 Why is it that criminals become the early adopters of new technology?
19:23 Government’s connivance.
19:42 Dread Pirate Roberts, the Silk Road and the Drug Enforcement Administration (DEA)
20:51 You can’t get stabbed over TCP/IP.
23:58 The Silk Road was the best peer reviewed marketplace. Best quality and best repeat business.
27:08 How Andreas has successfully used his skill to further knowledge of Bitcoin.
29:16 Dichotomy of the volatility in value of Bitcoin tracking interest in Bitcoin.
33:44 The amount of Bitcoins existing and why it doesn’t matter.
36:05 What Bitcoin miners do.
38:11 Difficulty in explaining Bitcoin to the everyday consumer.
40:34 What Andreas is able to purchase with Bitcoin.
43:13 Transformational possibilities of cross border transactions is why Andreas is in Bitcoin.
48:22 How long will his vision take to materialise?
49:35 The amount of investment in the Bitcoin space.
53:45 Competition from other payment opportunities such as Apple Pay and Facebook messenger.
57:47 How does Andreas choose his involvement in Bitcoin?
1:00:23 Why is his a dangerous job, seemingly acting as a lightning rod to certain individuals?
1:03:43 Andreas’ view of what caused the Greek financial crisis and its relationship with Bitcoin.
1:12:51 What is the 20 year outlook for crypto economy space? A self-driving, self-owning Uber taxi?
1:19:14 What happens to the world economy when you bring 6 billion new productive but disconnected people, online?
1:22:51 Success secrets.
1:23:46 London is great, but is it heading for walled courtyards with guards and slum cities around?
1:29:15 Phone call to the 20 year old Andreas.
1:30:09 Best advice Andreas has ever received.
1:33:16 Advice to young people who want to advance cryptocurrencies.
1:35:57 What it is like being on the Joe Rogan show three times.
1:39:15 Brian’s summing up.
Blockchain (formerly blockbase)
Satoshi Nakamoto original white paper
Silk Road (marketplace)
Drug Enforcement Administration (DEA)
Internet Protocol Suite (TCP/IP)
Prohibition in the United States
‘The Dark Net: Inside the Digital Underworld’ by Jamie Bartlett
‘Zero to One’ by Peter Thiel
Winklevoss Bitcoin Trust