CCN just published a very long interview with Andreas Antonopoulos, a rising star in the Bitcoin space. He is the author of “Mastering Bitcoin” and a popular industry speaker. He is also the CTO of a newly launched start-up “Third Key Solutions” founded by Ms Pamela Morgan, whom I greatly respect for her knowledge of Bitcoin technology and legal issues as a practicing attorney. I have the privilege of communicating with her a number of times. She is also a popular speaker.
I posted these comments:
“
This is an excellent article and very well written. A must read for anyone in the Bitcoin space and others who are still wondering if Bitcoin is indeed the greatest technology revolution since the Internet.
Being the pioneer, Bitcoin as a digital currency has its pitfalls, most of which are the results of the lack of good business practices and inherent human greed. As a cutting edge innovation, using peer to peer distributed ledger and consensus technologies, it is among the most innovative in our generation. As a global payment network system, it is far superior to the outdated costly credit and debit card payment network, saddled with identity theft and credit card fraud.
Bitcoin Blockchain will continue will continue to provide massive business opportunities and immense job growth and wealth creation. In our hyperconnected world that may have over 5 billion smart phones with enormous computing power by the year 2020, the ability to send money in the form of digital currency and any digital property in minutes, anywhere, between two parties without the participation and oversight of any central authority will have world changing implications resulting in a quantum shift of power and wealth. It will be extremely disruptive with many winners and losers. Stay informed and be on the winning side.”
*************************************
A CCN EXCLUSIVE – ANDREAS ANTONOPOULOS: THE INTERVIEW Evander Smart
08/04/2015
https://www.cryptocoinsnews.com/ccn-exclusive-andreas-antonopoulos-interview/A few quotes:
“… we’re seeing so much innovation that is focused on making Bitcoin easier to use, more secure, more adaptable, and more flexible.”
“…, Bitcoin has only gotten better, and better by orders of magnitude. The
traditional financial services industry is basically stagnant, using 1950’s technology for most things. No innovation, no competition, it’s stagnant! Even things like Apple Pay are running on top of the same failed credit-card based, identity-laden, easy-to-steal, easy-to-compromise technology.
There’s no innovation there. Bitcoin is the invention of radio, and Apple Pay is taking smoke signals and adding colored smoke signals! ….”
“…. Andreas Antonopoulos: “We are seeing the final plays of central banking. Central banking, itself, and national currencies are in a state of deep crisis right now. Most of the world’s economies are rapidly retrenching. We have this illusion of growth, but look at the middle class, and you’ll see growth is an illusion. All of these issues are going to come to a head, maybe not in the next year or two, but these issues will resolve themselves one way or another.”….”
Evander Smart: What’s going to happen with Canada and Australia and their acceptance of Bitcoin? You’ve spoken to their national Senators. Where will they end up? Will they make their own version of Bitcoin?
Andreas Antonopoulos:
“That (making a national digital currency) would be a waste of time. They won’t make decentralized currencies, only centralized digital currencies, which is pretty much where we are today. Most currencies are digital today. I don’t think it matters what national governments think of Bitcoin. Governmental acceptance is only relevant to the local companies trying to innovate and create jobs. They won’t affect the digital decentralized currencies as a whole. They might slow them down a bit, but these currencies run outside of the control of any single country.” ............