Crypto 101 | VIDEO: Just Released: Andreas Antonopoulous: Bitcoin Q&A: Could governments take over exchanges? (6 mins) - Super practical resource here today!! (Other videos inside post also)

in #bitcoin7 years ago (edited)

Andreas M. Antonopoulos is an early pioneer, adopter & educator in the Bitcoin/Crypto space if you have not heard of him.
He routinely puts out some of the best information going. He speaks plainly and simply with some humour!

-- Andreas' Logo he uses for his branding, he is fun. That is the top of his head, looking down.

LOL.


He travels the world preaching the Bitcoin, Liberty, Crypto and Blockchain gospel and is one of the most well respected lecturers and teachers in the crypto world!


I always include a library of AA's videos in these posts, just like he does in every one of his YT channel videos. These are things for you to use, save, watch, share, and learn from if you have time now or come back to later if you wish. It's here to help you, with extra resources.

--

This resource showed up in my email inbox recently, have a watch, share it with those who are learning.


Follow Andreas & Barry on Twitter:

--

https://twitter.com/aantonop

https://twitter.com/BarryDutton


Published on Jul 27, 2017

What prevents governments from taking control of exchanges, just as they have seized gold in the past?

They can take over centralised exchanges, but a significant number of people do not store their bitcoins on exchanges long-term (your keys, your money), so that would not enable them to control the network. They may come after people who they can see have bought bitcoin from exchanges, but that will just drive the entire economy underground.

Rather than simply buying bitcoin with your bank account, you will have to barter or offer services and be paid in bitcoin. Anywhere that bitcoin is banned, the spread will increase. Premium prices and smuggling.

Until the levels are equalized, the more it will continue to flow into a giant underground market. Foreign currency controls. Russian history. Bribery and corruption. Venezuela and India examples of Gresham's law. DEA agents stealing bitcoin from the Silk Road, Ross Ulbricht case. Making a mockery of the law.

If breaking the law is the difference between feeding your kids or watching them starve, no one gives a damn about the law and nothing will stop them. Let them go after the exchanges, because they're going to create exactly the premium that's going to drive an enormous black market.

"Black market" is just another word for 'unofficial' market.

This talk took place at the Silicon Valley Bitcoin meetup on April 11th 2017 at the Plug and Play Tech Center (@PlugandPlayTC) in Sunnyvale, California: https://www.meetup.com/Silicon-Valley...


Watch the full talk here:



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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.

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Follow on Twitter: @aantonop https://twitter.com/aantonop

Website: https://antonopoulos.com/

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.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Mon...

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...


Thanks for reading, have a nice day.








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Sort:  

BarryDutton Barry Dutton tweeted @ 27 Jul 2017 - 22:46 UTC

#Bitcoin101 #Bitcoin #Crypto101 - #CryptoCurrency #Video series continues: #Crypto w. @aantonop $BTC #BTC $XBT #XBT
bit.ly/2w4LYlk

Disclaimer: I am just a bot trying to be helpful.

Gotta explain btc to my missus father. Those vids might actually be helpful, thanks :)

They for sure will help!!!!!!!!!!!!

And I hope they do.

YW my friend, Steem On.

hahaha so I undersold it a wee bit :P

It depends on how you look at it.

Also on if you just want to execute the quicket trade possible or not.

I usually look at the market for the last few mins and hours very quickly on the candles.

Then usually place my sell order manually moving the LAST PRICE decimal up a bit to drive the price up a bit and help float the market.

If most people made that one simple adjustment, it would help keep the market elevated for everyone.

(:

Look at my other stuff out today, on that topic actually.

Not quite sure what your talking about ^^

I meant I undersold the value of your post :)

Oh LOL!!!!!!

I thought you meant crypto or trading hahahaha, funny stuff

Gold mine of AA's videos you put together here @barrydutton! Upvoted and much appreciated! :) @bitsy

Ahhh, one of my favourite accounts dropping by again, it is always nice to hear from you @bitsy!!

Thank you! You are so charming :)

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