Hard Promises, Soft Promises: Promoting Autonomy instead of Authority
Channel: aantonop
Date: 2016-10-22

Are bitcoin payments irreversible? Many have criticized this as a "problem" for consumers. Some have gone as far as to design blockchains that are editable and give authority to a group to reverse transactions. In this talk, Andreas dissects the concept of irreversible agreements, hard promises and soft promises and the ties they have to systems of authority and autonomy.

This talk is featured in The Internet of Money volume 2, which can be purchased in multiple languages in paperback, ebook, or audiobook: https://aantonop.io/tiomv2ebooks/

Chapters
0:00 Introduction
1:35 Accenture announced a patent they filed for the first editable blockchain
2:43 Hard Promises
9:26 How many people here have money in the bank? None of you have money in the bank
11:37 Soft promises, empty promises
13:36 The open blockchain is a system that substitutes authority with autonomy
17:54 If every individual has the ability to specify the conditions under which a transaction is executed, and then it is absolutely guaranteed that those conditions will be met, what kind of world does that create?
22:09 Soft promises feed corrupt hierarchies. Hard promises feed autonomy

This talk took place on September 20th 2016 at the @SFBTCMeetup in San Francisco, California: https://www.meetup.com/San-Francisco-Bitcoin-Social/events/228473660/

LEARN MORE BY
===============
WATCH all of the talks included in The Internet of Money Volume Two: https://www.youtube.com/playlist?list=PLPQwGV1aLnTu0KFDbHk4AUiiyce0xLX7p 

WORKSHOPS Andreas' Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop 

BOOKS You can also learn from one of his many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network (2021) published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter.

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WHO IS ANDREAS?
===========
Andreas M. Antonopoulos is a technologist whose mission it is to educate as many people as possible, in as many languages as possible, about the social, political, and technological implications of #bitcoin & open blockchains. He's a computer scientist and educator who has been working tirelessly in bitcoin and open blockchains since 2013. He is known for delivering electric talks that combine economics, psychology, technology, and game theory with current events, personal anecdote, and historical precedent effortlessly transliterating the complex issues of blockchain technology out of the abstract and into the real world.

aantonop isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com

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