Bitcoin Q&A: How to Avoid Re-creating Systems of Control Video

What are the implications of blockchain projects that re-create the same financial systems of control that we currently have? Should we use banks for custodial cryptocurrency services? Are there benefits to permissioned, centralised blockchains for supply chain management, digital rights management (DRM), healthcare data, or tokens for senior citizens’ credit? Why is decentralisation of control and minimising trusted third parties in finance is more important? What should we learn from the demonetisation & Gresham's Law in India? Can we achieve our dreams without capitulating on principles?

Chapters
0:00 Do we need to take a step back to go forward, letting the big banks store our cryptocurrency keys?
2:54 You were talking about financial institutions having caused many problems Bitcoin is combating. Curious that, as the blockchain ecosystem matures, these same institutions are hopping on the bandwagon. They are re-creating the same financial instruments, or have ambitions to if they haven't done it yet. I'm curious what you think the implications are, when these guys hop on the bandwagon.
7:46 Why would a company use a permissioned, centralized blockchain to track supply chain procedures? What efficiencies are gained compared to using a traditional database or the cloud?
11:04 Would someone who uploads the hash of a music file on the blockchain prove that he / she is the creator?
12:56 How would a patient holding his private key simplify healthcare record management? How could blockchain-based data be accessed if the patient holding the private keys is in a coma?
14:35 Could a blockchain be implemented to distribute credits to the elderly to pay their rent or for social activities, supposing the credits are validated by certain authorities (priests, social service clerks, etc.)?

These questions are from the MOOC 9.6 session, the June monthly Patreon session, and part of the Denver talk, which took place on March 23rd, June 24th, and August 6th 2018 respectively. Andreas is a teaching fellow with the University of Nicosia. The first course in their Master of Science in Digital Currency degree, DFIN-511: Introduction to Digital Currencies, is offered for free as an open enrollment MOOC course to anyone interested in learning about the fundamental principles.

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.

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

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

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

Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/)
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