Bitcoin Q&A: HODLing and the "Get Free" Scheme Video

Bitcoin as a long term store-of-value (SoV) versus an investment yielding returns. Lightning Network as a way for full node operators to earn fees. Bitcoin is not a get-rich-quick scheme, it is a get-free scheme - don't get rich, get free.

Chapters
0:00 I'm interested in bitcoin and cryptocurrencies as a store of value. I am wondering what ideas you have about cryptocurrencies as a store of value versus putting it to work, such as trading, mining pools, things like that. Do you put your bitcoin to work?
1:23 Just by routing payments through your Lightning node, you can earn small amounts of fees. This is an interesting way to "put bitcoin to work".
2:12 The real "investment" or "yield" for these cryptocurrencies as a store-of-value is simple
3:08 Get-free scheme

This is part of a talk which took place at the 'Bitcoins in Bali' meetup on June 27th 2017 at the Hubud co-working space in Ubud, Bali, Indonesia: https://antonopoulos.com/event/bitcoins-in-bali-meetup/

RELATED:
Investing in Education Instead of Speculation - https://www.youtube.com/watch?v=6uXAbJQoZlE
Money as a System-of-Control - https://youtu.be/FyK4P7ZdOK8
The Stories We Tell About Money - https://youtu.be/ONvg9SbauMg
The Switzerland of currencies - https://youtu.be/pV83Qmy578c
How much bitcoin do you have? - https://youtu.be/DJtM9mR7cOU
How do I secure my bitcoin? - https://youtu.be/vt-zXEsJ61U
Hot vs. cold wallets - https://youtu.be/Aji_E9sw0AE
Fungibility, privacy, anonymity - https://youtu.be/y3s8c7YDtXU
Decentralized power, leaderless governance - https://youtu.be/E5VbDlQTPzU
Separation of money and state - https://youtu.be/jGmtRA9S7_Y
The 21 million supply cap - https://youtu.be/AABkJ55Zz3A
ICOs and responsible investment - https://youtu.be/C8UdbvrWyvg

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-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

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

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