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Bitcoin Q&A: The Future of Digital Money - Open Blockchains or Dystopia?

1,858 views · Published 29 June 2016 · 5:27 · Indexed 2 October 2026

Channel: aantonop · 2016 · Science & Technology

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Keywords/phrases: 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?
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Chapters
0:00 We shouldn't define terms simply to enforce purity
2:37 In the next twenty years, we will come to live in a world of digital money
3:46 What kind of future do I want to live in?

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