Blockchain 101 With Andreas Antonopoulos: How Bitcoin Makes Each Of Us As Powerful As A Bank

By August 23, 2016Bitcoin Business

In early 2012, Andreas Antonopoulos was a computer scientist and distributed systems specialist working in security when he first heard about Bitcoin. Although he dismissed it a few times, once he delved into it more deeply, “I immediately understood that this was a lot more than just a currency,” he says. He immediately stopped his other work and began working full-time in the space. The author of “ Mastering Bitcoin ,” a host of the Let’s Talk Bitcoin podcast and a frequent speaker on cryptocurrencies at technology conference, Antonopoulos explains what makes Bitcoin and the technology behind it so revolutionary in the latest episode of my podcast, Unchained , which explores blockchain and fintech ( Google Play , iTunes , Stitcher , TuneIn Radio ). “Bitcoin and the concept of the internet of money that it creates are this new model for a payment network that spans the globe, that has no borders, very much like the internet, that allows you to run financial applications that are controlled by software and, rather than political rules, are controlled by mathematical rules.” He says the fact that the network can process payments as small as hundredths of a penny or as large as billions of dollars will enable all kinds of applications that are impossible with the traditional financial system. Tune in to our fun and chock-filled conversation to hear why he says, “Bitcoin doesn’t care if you’re a person, a piece of software or an automatic dog-feeding bowl,” and for his far-out descriptions of how taxis and disaster relief could operate in the future. Andreas Antonopoulos He also describes how technology will also give everyone, including the billions of unbanked and underbanked “the same capability a banker has today, not just access to a bank account, but access to the […]

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