How do bitcoin ATMs work? How easy is it to spend bitcoin? Some will allow you to transfer both ones, but ATMs in most countries are often one-way "vending machines." Circulating bitcoin helps grow the economy. I get paid in bitcoin and I pay others in bitcoin. There are many things you can buy with bitcoin, including flights, hotels, and products on Amazon. Bitcoin is first and foremost the currency of the internet.
Watch the full talk here:
https://youtu.be/rc744Z9IjhYChapters
0:00 I was actually surprised when last summer I went to Málaga, Spain, and in a shopping centre, there was an ATM machine. It said, "Get your Bitcoin here" or "Get your money here for Bitcoin". So what do they actually give you?
1:23 Where can you spend it? How can you get dirty old paper money with your bitcoin? There's a lot of banks that won't give you the old money for it.
2:13 A lot of people think of bitcoin as something you buy and then sell, or invest in, and that's the wrong way to think about it
This talk took place at the Internet Days ("Internetdagarna") conference during November 20-21st 2017 at the Waterfront Congress Centre in Stockholm, Sweden:
https://antonopoulos.com/event/the-internet-days-stockholm-sweden/RELATED:
How much bitcoin do you have? -
https://youtu.be/DJtM9mR7cOUWhy I earn bitcoins instead of buying them -
https://youtu.be/Ci7TyD8jETYHODLing and the "get free" scheme -
https://youtu.be/MhOwmsW1YNIThe Switzerland of currencies -
https://youtu.be/pV83Qmy578cPrice volatility, pegging, stability -
https://youtu.be/9KPyflyHP6sPrice premiums and arbitrage -
https://youtu.be/B4tsk-ZiHuEHow long until mainstream adoption? -
https://youtu.be/y3cKBDBabtAInspiring cryptocurrency projects -
https://youtu.be/WW8norCKUbEHot vs. cold wallets -
https://youtu.be/Aji_E9sw0AEHow do I secure my bitcoin? -
https://youtu.be/vt-zXEsJ61UDecentralization and the Architecture of Trust -
https://youtu.be/wSRN8PUhHX0Andreas 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/aantonopWebsite:
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=UTF8MASTERING 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/1491954388Subscribe 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/aantonopMusic: "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:
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