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Topic: [Audio] Regulation or Decentralization? Andreas Antonopoulos. (Read 610 times)

legendary
Activity: 4410
Merit: 4788
regulation looks like a step back

bitcoin: the protocol (code) - no regulation - consensus, peer-to-peer controlled
bitcoin: the coin (asset) - no regulation - self managed and self secured
businesses: dealing with customers - not regulation, but consumer rights (business ethics)
hero member
Activity: 854
Merit: 1000
regulation looks like a step back
member
Activity: 145
Merit: 10
Just a side thought having watched this - what are peoples' thoughts on darkcoin? does this sort of solve problems with anonymity?
legendary
Activity: 4410
Merit: 4788
good podcast link

Statement that Bitcoin must be regulated.  Followed by Andreas' response.
https://soundcloud.com/mindtomatter/ltb-115-revisiting-pompeii#t=33:00

quite right bitcoin is not money, bitcoin is an asset currency. so does not need "money" transmission licence. the separate entity bitcoin businesses does need BUSINESS regulation. but more of the auditing and consumer protection, rather then useless licences


again agree, we should not be making exchanges copy old traditional ways of central control, we need to move forward so that no one can tweak and make fake trades because we are not using a controlled system


less trust needs to happen. its not about not requiring to vet companies, its about removing less central businesses and being more peer-to peer where its automated code that does the work, not people.
and in cases where people are required, no one should automatically trust people. but to question them and have the mind set of if you cant slap them with a wet fish due to the lack of information to track them, dont trade with them.

hero member
Activity: 924
Merit: 1001
Anyone in regulation, or thinking of starting businesses around Bitcoin should listen to this.
As well as everyone in the Bitcoin community.

From this weeks' LTB episode:

Statement that Bitcoin must be regulated.  Followed by Andreas' response.
https://soundcloud.com/mindtomatter/ltb-115-revisiting-pompeii#t=33:00

and

Andreas on Decentralized exchanges:
https://soundcloud.com/mindtomatter/ltb-115-revisiting-pompeii#t=37:00

and finally:

Less trust.  Not more:
https://soundcloud.com/mindtomatter/ltb-115-revisiting-pompeii#t=40:00

-B-
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