Taylor Taua

#Bitcoin Q&A: A borderless money


Are cryptocurrencies subject to the same border restrictions as foreign currency / cash? Where are bitcoins "located"? What happens when money is data? What are the geopolitical implications of borderless money? Bitcoins 'live' on the blockchain, on a global network, in "the cloud." When you make a transaction, bitcoin is not transmitted anywhere; it simply changes ownership. National "flag" money went from being a store of value, medium of exchange, and unit of account into a system-of-control for playing political games. It removes the power of central banks to take entire populations hostage under hyperinflation experiments. Therefore the framework of money transmission laws is obsolete and fatally undermined.

This is part of a talk which took place at Pebble Beach for the Capgemini CXO Forum on November 1-3rd 2017 in Monterey, California.

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https://youtu.be/FyK4P7ZdOK8
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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and 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...

[NEW] THE INTERNET OF MONEY, v2:
https://www.amazon.com/Internet-Money...

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

[NEW] MASTERING BITCOIN, 2nd Edition:
https://www.amazon.com/Mastering-Bitc...

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If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron:
https://www.patreon.com/aantonop

Music: "Unbounded" by Orfan (
https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (
http://www.phneep.com/)
Outro Art: Rock Barcellos (
http://www.rockincomics.com.br/)

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