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Crypto 101 | VIDEO: Just Released: Andreas Antonopoulous: Bitcoin Q&A: Is Bitcoin a democracy? (8 mins) - Super practical resource here today!! (Other videos inside post also) by barrydutton

View this thread on: hive.blogpeakd.comecency.com
· @barrydutton · (edited)
$24.93
Crypto 101 | VIDEO: Just Released: Andreas Antonopoulous: Bitcoin Q&A: Is Bitcoin a democracy? (8 mins) - Super practical resource here today!! (Other videos inside post also)
##### <center> https://www.youtube.com/watch?v=TC3Hq76UT5g&feature=em-uploademail

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##### <center> Andreas M. Antonopoulos is an early pioneer, adopter & educator in the Bitcoin/Crypto space if you have not heard of him. 

##### <center> He routinely puts out some of the best information going.  He speaks plainly and simply with some humour! 

--

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


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Published on Jul 4, 2017


> The intersection between blockchains and democracy. "Democracy" is a loaded word where people project a lot of things. 

> Democracy without restraints (human rights, civil rights, constitutional protections) is a brutal system. I don't think Bitcoin is a democracy - rather it is a flat, network-based, collaborative system of super-majority consensus among five constituencies (users, developers, exchanges, merchants, miners), which makes change very difficult. It is a radical decentralization of power. 

> Some people call the politics of this system "cypherpunk," "crypto-anarchy," and other words we don't yet have. Bitcoin and open public blockchains are redefining political systems, organisational systems, freedom of speech, and freedom of association on a transnational basis. Democracies today are systems of hierarchical institutions born out of the era of industrialisation.

 > It doesn't scale any more. We have the ability to produce enough food and energy for everyone, but we just can't distribute it. 

> What is the structure of consensus? The different constituencies of the ecosystem. Coalitions, influencers, and pundits. Noise doesn't change the consensus rules. 

> Talk is cheap but real changes play out between live participating nodes on a network protocol with game theory economic incentives overriding everything else. You can be right or you can be wrong, but if you break consensus you'll be poor either way. People may signal they want one thing, but execute something else, holding on until they start losing money.

> This is part of a talk which took place on June 6th 2017 at a joint meet-up with Blockchain Professionals, BitcoinSYD and SydEthereum in Sydney, Australia: https://antonopoulos.com/event/blockc...



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Watch the full talk here: 

https://youtu.be/rpeceXY1QBM

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### <center>  RELATED:

----

The Lightning Network - 

https://youtu.be/vPnO9ExJ50A

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##### <center> Lightning, full nodes, and miners - 

https://youtu.be/dlJG4OHdJzs

----

##### <center> Bitcoin & Blockchain in Norway -

https://youtu.be/5ODDCx6VL2Y

----

##### <center> What happens to transaction fees when the block reward is zero? - 

https://youtu.be/FffX32ENGKc

----

##### <center> Rules vs. Rulers - 

https://youtu.be/9EEluhC9SxE

----

##### <center> Governance and the transaction fee market - 

https://youtu.be/gdknUUVOdHU

----

##### <center> Scaling is a moving target - 

https://youtu.be/pT9kJq_Ogrk

----

##### <center> Why we should worry about optimization, not scaling -

 https://youtu.be/J3sEcuCc9fg

----

##### <center> Altcoins and the scaling debate - 

https://youtu.be/slbpdW-H3yk

----

##### <center> The Scaling Rites of Passage - 

https://youtu.be/rZi86_ovB3Y

----

##### <center> Is Bitcoin development centralised? - 

https://youtu.be/7hm4Ro4wdTk

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### <center> QUESTION & ANSWER:

----

The separation of money and state -

 https://youtu.be/jGmtRA9S7_Y

----

##### <center> The end of vampire-squid financing -

 https://youtu.be/yyXOQG5iNWo

----

### RELATED:



Why we should worry about optimisation, not scaling - https://youtu.be/J3sEcuCc9fg
The Lightning Network - https://youtu.be/vPnO9ExJ50A
Lightning, full nodes, and miners - https://youtu.be/dlJG4OHdJzs
Bitcoin, Lightning, and Streaming Money - https://youtu.be/gF_ZQ_eijPs
Rules vs. Rulers - https://youtu.be/9EEluhC9SxE
The Scaling Rites of Passage - https://youtu.be/rZi86_ovB3Y
Altcoins and the scaling debate - https://youtu.be/slbpdW-H3yk
Unlimited vs. Cypherpunks - https://youtu.be/5adgo4-32HU



----

### QUESTION & ANSWER:


Scaling is a moving target - https://youtu.be/pT9kJq_Ogrk
ICOs and financial regulation - https://youtu.be/Plu_WX3Gs8E

----

### <center>  RELATED:


What happens to our bitcoins during a hard fork? - https://youtu.be/sNR76fWd7-0
The dangers of hard forks in protocol evolution - https://youtu.be/vxEHRvhJKvA
Hard forks and the cultural mulligan - https://youtu.be/KT-7APasANI
Open source as cross-pollination & consensus through collaboration - https://youtu.be/JTHV6PA-Dw8
The Lion and the Shark: Divergent Evolution in Cryptocurrency - https://youtu.be/d0x6CtD8iq4
Bitcoin: A new species of money - an evolutionary perspective on currency - https://youtu.be/G-25w7Zh8zk
Evolving layered technologies in cryptocurrecy - https://youtu.be/13Iff4d3p3k
The Scaling Rites of Passage - https://youtu.be/rZi86_ovB3Y
Ethereum: Consensus vs. Immutability - https://youtu.be/OGGW9ozE-ys
LTB Live: TheDAO, ETH, Soft-Fork, DoS and what's next - https://youtu.be/epWjD6mlBVs
Unlimited vs. Cypherpunks - https://youtu.be/5adgo4-32HU


----

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

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...

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#### Thanks for reading, have a nice day.

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## If you liked this blog post - please Resteem it and share good content with others!

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### Some of my recent blogs: 

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https://steemit.com/cryptocurrency/@barrydutton/inspirational-quote-of-the-nite-as-i-head-to-bed-lol-welcome-to-fud-fridays-in-crypto-where-everything-goes-on-sale-every-dang

https://steemit.com/life/@barrydutton/activist-post-series-or-e-5-or-gathering-nearly-1000-petitions-signed-that-landed-on-the-prime-minister-of-canada-s-desk-to

https://steemit.com/steemit/@barrydutton/some-good-news-2-steemit-milestones-thanks-i-hit-15-000-posts-and-2500-followers-or-what-a-ride-steemit-family-thank-you

https://steemit.com/steemit/@barrydutton/telling-fascistbook-off-on-your-page-saying-they-should-get-on-steemit-lol-captured-on-the-blockchain-and-the-twitter

https://steemit.com/cryptocurrency/@barrydutton/what-are-you-trading-today-and-why-or-e-37-of-a-community-based-engagement-resource-for-everyone-july-4th-2017-basic-market


----


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##### Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone.  I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.  </center>
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vote details (110)
@bearbear613 ·
Wow barry. Sounds like you will be giving the next video lecture on crypto! How'd you like the interest rate hike today ughhh.
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@barrydutton ·
I discussed it with an agent licensed 5 yrs longer than me, I just got home about 15 mins ago.  Banks and mortgage companies game the system with rate hikes calculated to push the market into locking in, buying and getting their pre approval off the fence etc -- it is all a sham anyways, with the money they make.  

We know this.
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@cikxaijen ·
$0.24
Never heard of him. Will do now!
👍  
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@barrydutton ·
This is why I do these, for new people like you --- right here!!!!  That might be the comment of the day!  I AM UV THAT COMMENT with some  weight, so people are encouraged and see the new people learning!!!
👍  
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@enjar ·
I been meaning to sit down and watch these videos.  Found an easy blog to get out today, and already have tomorrows outlined just got fill the rest in. So, taking a break for today. Now it is time to 

![bingewatch.jpg](https://steemitimages.com/DQmTjCUkPp7pkPctbFzBswj336XqVNNLQ3UuwJ7qvBd3b47/bingewatch.jpg)

[Pexels]( https://www.pexels.com/photo/night-television-tv-video-8158) edit with [Lunapic](lunapic.com)
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@barrydutton ·
Binge Learn LOL....

One of the new people here commented they had never heard of AA --- that is why I do this!!!!
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@enjar ·
Hehe, if only I could jack my brain into the matrix of cryptocurrency and just learn everything in a few minutes.
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@idakwo1 ·
Bitcoin or crypto currencies are never democracy
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@barrydutton ·
Good comment today!!!  It is a great debate to be sure.
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@jaibaru ·
Your posts and videos are very interesting to follow, thanks for sharing, success always for you.
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@barrydutton ·
Thanks very much for that!
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@prashant ·
$0.34
These videos are really amazing ....  
thanks for posting , it's really helpful for new peoples.
👍  
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vote details (1)
@barrydutton ·
This is the main reason I do this, THANKS for saying the kind words today my friend.
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@rawpride ·
Big fan of Andreas.  One of the easiest to understand in the space
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@rocksg ·
Worth listening. This will increase our knowledge about cryptocurrencies a lot and people will feel confident in investing there.
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@barrydutton ·
Knowledge is Power.
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@royschuh · (edited)
Content content content! Everytime you post that's an hour out of my life i can't get back haha, great post as usual buddy, ill be listening to all of this at the gym,  thanks! 😎

RESTEEMED!
👍  
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vote details (1)
@barrydutton ·
People complain there are too many videos in these but I like i said, it is a complete library each time, and always with a new video first.   



  There are too many new people coming daily, who need this stuff and I remember that.

If people want to be upset I provide TOO much useful info, there is not much I can really say about that eh LOL

(:
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@barrydutton ·
The Resteems  help the  whole community also, so TY again for that outreach and effort!
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@barrydutton ·
One of the new people here commented they had never heard of AA --- that is why I do this!!!!
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