Andreas Antonopolous - Bitcoin is regulated by an algorithm, not a bureaucracy

in #bitcoin6 years ago (edited)

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This is another brilliant insight from the amazing Andreas Antonopolous. Bitcoin is regulated by an algorithm, mathematics. It is not regulated by capricious, politically motivated bureaucrats who change with the political season. This makes bitcoin and cryptocurrencies the best form of money yet conceived.


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Yeah, the exact reason behind the popularity of cryptos. Hope this will be the ultimate medium of exchange very soon!

I think you're right, @rinki. Crypto use is the way to go.

Yeah good days are coming.

I love this Bitcoin Jesus also my Favourite Bitcoin Jesus Roger Ver!

Definitely both of them were sacrificed their time and energy to take Bitcoin ( I mean BTC and BCH) where it is today.

I hope to become the Steem Jesus!!!

Steem Jesus. That is something I haven't heard. Go for it and thank you for your insights. I really appreciate them.

Thank you Terry! I really appreciate you too :)

I watched your video on Dtube this morning about Scale or Bail and you’re truly inspiring and I’m really happy to follow your footsteps:)

If the internet goes down the crypto world goes with it!

Yes, that is true. Hey, if the internet goes down, you won't be able to get most of the resources you now take for granted. Think about no electricity and what that would be like. Let's take steps to make sure we keep the technologies that make life far better than it was 1,000 years ago.

Digital governance is the future of mankind

Yes. Digital governance is the best.

things do need to be regulated.
the difference is, tyrannical regulation for the purpose of acquiring control vs nature.

Yes, let's have regulation that is natural and not from overlords. Nice to hear from you, Luis!

The real applications of cryptos are yet to come. Think about food distribution, subsidy payments, disaster relief payments, election voting, educational records etc. Blockchain has tremendous potential to revolutionize these sectors.

Long live blockchain, long live crypto

Those are excellent applications of using blockchain to solve real-world problems. I agree with you that even more is coming. We're at the beginning of something that is bigger than we can imagine right now. Thank you for your comment.

Totally agree with mr.Antonopoulos. This needs to be shared!

Thank u for sharing about Bitcoin. I don't have knowledge about Bitcoin.

Yeah, BTC is the best! No control, fast and safe :)

That is why we like the cryptocurrencies so much. And, I believe, why they are here to stay.

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