Bitcoin Q&A: Reflections on the last five years

Bitcoin Q&A: Reflections on the last five years



What is the most significant thing you’ve changed your mind on with respect to cryptocurrencies in the last five years? Making predictions with certainty in a new and fast-paced industry; under-estimating the resilience of Bitcoin; the social attack / argument surface.

If you were to make one change to Bitcoin, what would it be? I would like to see more implementations of privacy features, which is already happening. However, no one person gets to make changes to Bitcoin. There is not much else I would change in the original design; I think it would be hubris even for me to say I can do it better. There has been a “next Bitcoin” that fixed supposed fatal flaws ever year since the beginning of Bitcoin, but none have superseded its design choices aimed at security, censorship resistance, and decentralisation. (And no, market capitalisation is not a great measurement for comparison.)

This is a question from the patron-only live Q&A which took place on February 24th 2018. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop

RELATED:
Money as a System-of-Control – https://youtu.be/FyK4P7ZdOK8
Blockchain vs. Bullshit – https://youtu.be/SMEOKDVXlUo
Investing in Education Instead of Speculation – https://youtu.be/6uXAbJQoZlE
Decentralised exchanges and counterparty risk – https://youtu.be/hi_jaw0dT9M
Fungibility, privacy, anonymity – https://youtu.be/y3s8c7YDtXU
Altcoins and the scaling debate – https://youtu.be/slbpdW-H3yk
Do altcoins threaten to replace bitcoin? – https://youtu.be/w-V_5EWyU5c
The Scaling Rites of Passage – https://youtu.be/rZi86_ovB3Y
Scaling, trust, and trade-offs – https://youtu.be/vCxmHwqyJWU
Scaling complex systems – https://youtu.be/dm9m1oQr6Ks
Governance trade-offs in decentralised systems – https://youtu.be/dtwaW79Fj7c
Governance and the transaction fee market – https://youtu.be/gdknUUVOdHU
Unstoppable code – https://youtu.be/AQx3E3F8Kz4
We all started as critics – https://youtu.be/-jvefuVRwYA
Why running a node is important – https://youtu.be/oX0Yrv-6jVs
Altcoins and specialisation – https://youtu.be/b_Yhr8h6xnA
The new experimental science of consensus algorithms – https://youtu.be/6N5XlU7Iajk
Security in proof-of-work vs. proof-of-stake – https://youtu.be/dstjlfW4-g8
Proof-of-Work (PoW), Proof-of-Stake (PoS), Delegated Proof-of-Stake (DPoS) – https://youtu.be/3W_3AQrQEOM
Directed acyclic graphs (DAGs) and IOTA – https://youtu.be/lfgMnbb5JeM
Consensus with decentralized oracles and real-world variables – https://youtu.be/8bYmK6sZL00
Intrinsic vs. extrinsic assets – https://youtu.be/KDtfFNZy9xg
What is mining? – https://youtu.be/t4p4iMqmxbQ
Energy consumption – https://youtu.be/2T0OUIW89II
Solar energy and mining in space – https://youtu.be/cusakcpa8AM
What is the biggest threat? – https://youtu.be/1-XUbH1F0Os
Immutability and Proof-of-Work: The Planetary Scale Digital Monument – https://youtu.be/rsLrJp6cLf4
Bitcoin: “Failing to Scale” – https://youtu.be/bFOFqNKKns0
Ethereum, ICOs, and Rocket Science – https://youtu.be/OWI5-AVndgk
The Lion and the Shark: Divergent Evolution in Cryptocurrency – https://youtu.be/d0x6CtD8iq4

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-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388

Subscribe to the channel to learn more about Bitcoin & open blockchains!

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