Bitcoin Q&A: Will Bitcoin Become the World's Reserve Currency?
Channel: aantonop
Date: 2019-01-05

Could bitcoin becoming the world's reserve currency? Will it be more than digital gold? Why did gold not work out as a medium of exchange? Should we desire mainstream adoption if bitcoin becomes a mandated currency, or should we strive for currency choice? The only people who can afford to use surveillance currencies are those with a government that is not corrupt enough yet.

Chapters
0:00 Do you think there's a possibility that bitcoin will become the world's reserve currency, essentially digital gold, and that there will be other coins we will use for everyday spending?
3:38 Since bitcoin is different, how do you see mainstream adoption occurring? Will it be through Bitcoin or maybe something else which can be censored?
4:34 Why would you commit to one currency?
7:37 They don't get to dictate choices. We will see a lot of variation.

These questions are from the Polish Bitcoin Congress (Polski Kongres Bitcoin) Warsaw, Poland, and the November Patreon session, which took place on May 12th and November 17th, 2018, respectively.

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

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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.

Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!

MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9

Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/

THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs

THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ

Translations of THE INTERNET OF MONEY:
Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq
French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, 'Интернет денег' (v1) - https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang

MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK

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