Bitcoin Q&A: From Barter to Abstract Money Video

Centrally controlled currencies were not the norm for most of human history, and in many small-scale human societies today it is still not the norm. Will people in more barter-based, technologically illiterate economies be able to adopt cryptocurrencies like bitcoin? What does the type of money people use say about their level of social organisation? Why are abstract forms of money the most useful for trade on large scales?

Chapters
0:00 I see that Bitcoin will perhaps promote more of that barter of services, in exchange for bitcoin. Is this really nothing but to promote more barter of services across the globe?
2:17 The best feature of money is when it doesn't have intrinsic value or commodity use
3:11 Bitcoin is not a barter system
3:47 Given the bitcoin currency requires technological resources such as access to computers and a network, would it still leave billions of people behind who don't have access to these technologies?

This is part of a talk which took place at Pebble Beach for the Capgemini CXO Forum on November 1-3rd 2017 in Monterey, California.

RELATED:
The Stories We Tell About Money - https://youtu.be/ONvg9SbauMg
The Killer App: Engineering the Properties of Money - https://youtu.be/MxIrc1rxhyI
Decentralization and the Architecture of Trust - https://youtu.be/wSRN8PUhHX0
Blockchain vs. Bullshit: Thoughts on the Future of Money - https://youtu.be/SMEOKDVXlUo
Money as a System-of-Control - https://youtu.be/FyK4P7ZdOK8
Worse than Useless: Financial Surveillance - https://youtu.be/n4F-h4xuXMk
Bitcoin: Where the Laws of Mathematics Prevail - https://youtu.be/HaJ1hvon0E0
Hard Promises, Soft Promises: Promoting Autonomy Instead of Authority - https://youtu.be/UJSdMFPjW8c
Open Blockchains for Cashless Developed Economies - https://youtu.be/eo-0BgrKxiI
The Digital Currency Commons - https://youtu.be/nYBKWrqR4I8
The Killer App: Engineering the Properties of Money - https://youtu.be/MxIrc1rxhyI
Decentralized power, leaderless governance - https://youtu.be/E5VbDlQTPzU
Is Bitcoin a democracy? - https://youtu.be/TC3Hq76UT5g
Will governments ban cryptocurrencies? - https://youtu.be/LIQkuF_I5Xo
Could governments take over exchanges? - https://youtu.be/9PrJQeKl9w4
The Switzerland of currencies - https://youtu.be/pV83Qmy578c
The separation of money and state - https://youtu.be/jGmtRA9S7_Y
Unstoppable code - https://youtu.be/AQx3E3F8Kz4
Global financial crisis (GFC) - https://youtu.be/JU3gNC_ZPKM

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

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

If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: https://www.patreon.com/aantonop

Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Join the aantonop Channel: https://aantonop.io/joinaantonopyt

About the Site 🌐

This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥

Origins of the Idea 🌱

The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠

Challenges Faced 🤔

Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.

Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍

Creating Truly Random Links 🛠️

The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.

About YouTube 📺

YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟

Content and Users 🎵

Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.

While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.

Monetization and Impact 🤑

YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.

As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈

List of ours generators⚡

Random YouTube Videos Generator

Random Film and Animation Video Generator

Random Autos and Vehicles Video Generator

Random Music Video Generator

Random Pets and Animals Video Generator

Random Sports Video Generator

Random Travel and Events Video Generator

Random Gaming Video Generator

Random People and Blogs Video Generator

Random Comedy Video Generator

Random Entertainment Video Generator

Random News and Politics Video Generator

Random Howto and Style Video Generator

Random Education Video Generator

Random Science and Technology Video Generator

Random Nonprofits and Activism Video Generator