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A short clip from "The Internet of Money: Five Years Later" in which Andreas shares his thoughts on bitcoin regulation and tax. Source: The Internet of Money: Five Years Later https://youtu.be/6xIq0FdmsIA​ published under a creative commons license https://creativecommons.org/​ by the aantonop YouTube channel https://www.youtube.com/user/aantonop​

Keywords/phrases: Mining in China. There are five constituencies of consensus and none have complete control over the system, all of them have to agree: developers, miners, exchanges, wallets/ users, and merchant services. Changes won't happen if the economic activity doesn't follow. Neither the majority Western users and developers nor the majority China miners can take over; it creates a balance of power. The centralisation of mining isn't healthy but it's the result of the massive increase in mining performance over 5 years, from CPU to ASIC, from 40 nanometre down to 16 nanometre. Because of Moore's Law, we're going to see a re-decentralisation of mining.

What is the Halvening and why does it happen every four years? What will be the long-term trends in Bitcoin as the block reward gets smaller? Is the Halvening important in terms of the market activity?

nodes are using a very trivial source routing algorithm could interesting metrics be used for deciding the routing such as maximization of privacy minimization of hops etc? A little over a year ago, the three Lightning Network implementation teams joined forces to work on a common specification for the protocol stack. Now that both that specification and the three implementations are becoming stable and usable, it is time to look forward: to further improve the protocol, to add new features, to simplify, and to fix downsides.

Can Bitcoin Scale? - Andreas M. Antonopoulos

Keywords/phrases: Do you see the 14 nanometre limit of transistors as a good thing for decentralization? There's been an enormous increase in the hashing capacity of the Bitcoin network and now it's slammed into Moore's Wall. It's a very good thing because it extends the shelf-life of mining equipment from 2-3 months to almost 2 years. Until now, the determinant of success in mining was how many kilometres you were from the semiconductor fabrication lab and how fast you could hook it up to 50 megawatts of electricity. With a 2-year shelf-life, you can re-decentralize mining. Renewable energy with cycles of demand, using extra megawatt hours with low consumption that would be lost anyway to mine bitcoin. Bitcoin is a battery on a virtual blockchain.

Keywords/phrases: The layers of Bitcoin. Lightning Network as a hybrid second layer mechanism with proof-of-stake elements to route transactions over Bitcoin.

Bitcoin Q&A: Does MimbleWimble enhance privacy?

In this talk in Berlin, Andreas looks at the inner structure of bitcoin and how high-level financial and trust applications are composed from smaller elements. Using analogies from Lego blocks to a chef creating new recipes, this talk highlights the connection between creativity and the flexibility offered by fine-grained components.

Reputation at scale - Andreas M. Antonopoulos

Bitcoin adoption - Andreas M. Antonopoulos a lecture/ dialog

The E Voting System - Andreas M. Antonopoulos

Andreas M. Antonopoulos breaks down wtf centralisation is.

The 5 Consensus Communities - Andreas M. Antonopoulos

Keywords/phrases: Governance problems which have allowed skeptics in the media to latch on to the failures of decentralised systems. Decentralisation isn't a Boolean, it's a range. Is it much more decentralised than anything we've built before, including its governance? Yes. You will not notice that developers and miners really don't have control to effect change until something goes wrong, until there's a highly contentious issue. They may want to offer a straightforward, direct, and simple solution, but the system won't let them do that. Lead developers can make limited decisions about what they include in the code, but with blockchains you can either have opinions or continue to make money; if your opinions get too strong, you stop making money. Governance in these systems is tricky because by making those explicit trade-offs, we get liberty. If you want to have quick / simple / easy solutions, you will elect a dictator. The trains may run on time, but the destination might be a death camp, an efficient operation for killing people. Democracy is incredibly inefficient, but we practice it anyway because we appreciate the trade-offs that it gives us: self-expression; self-determination; freedom of association, of religion, of consciousness. Governance in network-centric systems are open to permissionless access and innovation, systems which exhibit a very high degree of autonomy and censorship resistance. The price we pay is that our debates are loud, messy, and sometimes don't end, because there's no centralised authority to filter everyone's opinions; that's how corporations and governments run. We've tried that, and if we want that kind of money, we have that kind of money. The bottom line is that this not an accident, it's an explicit trade-off: efficiency is the price we pay to buy liberty. I will pay that price because I can apply engineering optimisation to efficiency; Bitcoin and Ethereum were the first times I could apply engineering optimisation to liberty.

KYC is Dangerous - Andreas M. Antonopoulos

Bitcoin in 1 Year - Andreas M. Antonopoulos

Money without a flag - Andreas M. Antonopoulos

Keywords/phrases: Bitcoin is described as a "hyper-capitalist" system. Is capitalism compatible with decentralization? Capitalism is a way of organizing the pyramid. Distinguish between "capitalism" and "free-market."

Keywords/phrases: Privacy and transparency. Financial privacy has been the norm. Law enforcement has never had full access or visibility into our finances. Most law enforcement still use traditional mechanisms. We don't have to give away privacy to be safe. Privacy is not the antithesis of security; privacy is security. Security is not the absence of crime, it is the presence of justice. The price of full financial surveillance is an illusion of security and billions in poverty. We should resist totalitarianism. We're winning the Crypto War.

In this talk, Andreas discusses the evolution of technology along a "grand arc", from grandiosity, to... grandparents. He also looks at how bitcoin expresses money as a content type, changing the nature of payments into a form of generic communication.

Andreas M. Antonopoulos is a best-selling author, speaker, educator, and one of the world’s foremost bitcoin and open blockchain experts. He is known for delivering electric talks that combine economics, psychology, technology, and game theory with current events, personal anecdote, and historical precedent effortlessly transliterating the complex issues of blockchain technology out of the abstract and into the real world. Andreas is the author of three books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin, “Mastering Ethereum: Building Smart Contracts and Dapps” the best technical guide to Ethereum and “The Internet of Money,” a book about why bitcoin matters. yo

In this Q&A segment, Andreas talks about the progression of mining performance from CPU to ASIC and how that created strong centralization. But now that we have arrived at the highest silicon fabrication density (at or below 16nm), the entire industry is bound by a much slower process, with 2x increase every 18 months at best. This new dynamic removes many of the incentives to centralization of mining.

If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become an Andreas M. Antonopoulos patron here: https://www.patreon.com/aantonop​ Bitcoin Blockchain Misunderstanding - Andreas M. Antonopoulos

Keywords/phrases: Layered technologies. Bitcoin is layer zero, Lightning Network is layer two. It's difficult to see how the layers evolve and what the interfaces between the layers are, which functions end up in which layers. There will also be multiple stacks. From an architecture perspective, protocols are not built monolithically; we're not going to do everything in a single layer.