How long until mainstream adoption? Previous revolutions in money. In the mid 90s, you still couldn't pay with a credit card in many places. I predict it will take 15-20 years for mainstream adoption of Bitcoin. We are in a race because governments around the world are trying to ban cash and force us to adopt a different sort of digital currency with complete surveillance, where they can flip and switch and you will no longer exist as a person if you doing anything they consider radical. Adoption patterns and the Gini coefficient. The ownership of Bitcoin is not as diverse as it should be, primarily because of the way it grew. But people who got in early and took the risk have been enormously rewarded; no one's coming to bail out Bitcoin.
Chapters
0:00 How long until mainstream adoption?
0:25 Gold to bits of paper adoption
0:44 Credit card adoption
1:36 Bitcoin adoption
1:56 We are in a race because governments around the world wants to ban cash and take us into a different digital currency system.
2:41 Bitcoin rises in value because it is adopted
3:16 Do you think it's going to be unbalanced?
4:18 All of us who are invested in bitcoin is running an enormous risk
This talk took place on December 6th, 2016, at the Bitcoin Cologne meetup in Köln, Germany:
https://www.meetup.com/Bitcoin-Cologne/events/232687726/Watch the full talk here:
https://youtu.be/Rrj8sjHJthURELATED:
Measuring Success: Price or Principle -
https://youtu.be/mPMsbgWl9p4Crossing the chasm of theoretical vs. real need -
https://youtu.be/yIR0OBEAaUEWhy mainstream adoption will be neither gradual nor radical -
https://youtu.be/4COw6K-qrK8How will Bitcoin be adopted by developing markets? -
https://youtu.be/zC_k1XQhBMgWhat are the challenges to Bitcoin achieving mass-adoption? -
https://youtu.be/f0wAh6_HEboWhen will Bitcoin see mass-adoption? - Internet Diversification -
https://youtu.be/L0AcZUc1O-IRemittances and smuggling in Venezuela -
https://youtu.be/RRXecXfWARwAndreas 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.
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MASTERING BITCOIN, 2nd Edition:
https://amzn.to/2xcdsY9Translations of MASTERING BITCOIN:
https://bitcoinbook.info/translations-of-mastering-bitcoin/THE INTERNET OF MONEY, v1:
https://amzn.to/2ykmXFsTHE INTERNET OF MONEY, v2:
https://amzn.to/2IIG5BJTranslations of THE INTERNET OF MONEY:
Spanish, 'Internet del Dinero' (v1) -
https://amzn.to/2yoaTTqFrench, 'L'internet de l'argent' (v1) -
https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390Russian, 'Интернет денег' (v1) -
https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-denegVietnamese, 'Internet Của Tiền Tệ' (v1) -
https://alphabooks.vn/khi-tien-len-mangMASTERING ETHEREUM (Q4):
https://amzn.to/2xdxmlKMusic: "Unbounded" by Orfan (
https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (
http://www.phneep.com/)
Outro Art: Rock Barcellos (
http://www.rockincomics.com.br/)
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