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Author Topic: Andreas Antonopoulos on What It Will Take for Bitcoin to Beat the Banks  (Read 969 times)
Fakhoury (OP)
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September 14, 2015, 04:16:53 PM
 #1


News URL : http://insidebitcoins.com/news/andreas-antonopoulos-on-what-it-will-take-for-bitcoin-to-beat-the-banks/34688

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
pereira4
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September 14, 2015, 04:36:23 PM
 #2

Just by looking at that screenshot I know that I already saw this lecture. It was recorded a while ago. It's very worth checking out tho for those that didn't see it. It's very inspiring when the girl gets it as he explains how Bitcoin can disrupt several infrastructures.at once.
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September 14, 2015, 05:06:02 PM
 #3

Just by looking at that screenshot I know that I already saw this lecture. It was recorded a while ago. It's very worth checking out tho for those that didn't see it. It's very inspiring when the girl gets it as he explains how Bitcoin can disrupt several infrastructures.at once.

I've watched the video a while back. The scene you're talking about is where Andreas' is bringing the example of what will happen if you combine self driving cars, Uber and Bitcoin.The result is a self owning car. A car that pays for it's leas, gas by giving people a ride.A car that is a corporation and owned by itself.
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September 14, 2015, 06:22:40 PM
 #4

When Andreas speaks people listen, he's probably my favourite (publically known) bitcoin advocate. He really does seem to have bitcoin/the networks best interests at heart, no bull shit & no agenda's.

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September 15, 2015, 12:48:18 AM
 #5

"While the general public still seems content with using Wells Fargo, Bank of America, and other traditional providers for their digital finance.."

Problem with that ^ statement is people have not been burned so badly that they refuse to use traditional financial institutions.

This will change as the financial system falls apart and the eroding of personal wealth takes place in a short period of time.

Why has their been bank runs in the past? Because people eventually distrust banks to hold their "money".

Most of this generation that is alive have not been around during an actual bank holiday. This can and will change at some point.

People have a sense of NORMALCY BIAS.

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September 15, 2015, 01:21:35 AM
 #6

where Andreas' is bringing the example of what will happen if you combine self driving cars, Uber and Bitcoin.The result is a self owning car. A car that pays for it's leas, gas by giving people a ride.A car that is a corporation and owned by itself.

It's interesting that you express it the way you did. Corporation as a concept is basically creating a business entity that can exhibit certain legal rights of humans. The word corporation literally means that; the representation of a bodily form (derived from "corpse" and "corpus", e.g. habeus corpus).

It's weird when you apply that word (corporation) to businesses, because it's nakedly what it's designed to do; to confer to the (entirely abstract) business entity sole legal responsibility for the actions of it's executives. So it doesn't make much sense, except as a useful metaphor to enable various forms of legalised immoral actions (the regulator send a bill to the offender, who just so happens to not even be a real person, but also "who" has lots of money to pay fines, but can never be imprisoned). So it's even weirder that these miniature corporations on wheels do actually possess a physical (corporeal?) form, and yet it makes more literal sense than the way the idea was originally conceived.

Who's responsible when an automated Uber cab eats it's passenger, if the Uber cab AI dev team are designing the new vehicles?  Cheesy


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September 15, 2015, 09:48:10 AM
 #7

I think if bitcoin ever becomes a real threat to the banks they will just adapt or change their fee structure. No way they're just going to sit back and let bitcoin win.


Just by looking at that screenshot I know that I already saw this lecture. It was recorded a while ago. It's very worth checking out tho for those that didn't see it. It's very inspiring when the girl gets it as he explains how Bitcoin can disrupt several infrastructures.at once.

I've watched the video a while back. The scene you're talking about is where Andreas' is bringing the example of what will happen if you combine self driving cars, Uber and Bitcoin.The result is a self owning car. A car that pays for it's leas, gas by giving people a ride.A car that is a corporation and owned by itself.

Sounds like the moment the robots take over.
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September 15, 2015, 04:10:28 PM
 #8

where Andreas' is bringing the example of what will happen if you combine self driving cars, Uber and Bitcoin.The result is a self owning car. A car that pays for it's leas, gas by giving people a ride.A car that is a corporation and owned by itself.

It's interesting that you express it the way you did. Corporation as a concept is basically creating a business entity that can exhibit certain legal rights of humans. The word corporation literally means that; the representation of a bodily form (derived from "corpse" and "corpus", e.g. habeus corpus).

It's weird when you apply that word (corporation) to businesses, because it's nakedly what it's designed to do; to confer to the (entirely abstract) business entity sole legal responsibility for the actions of it's executives. So it doesn't make much sense, except as a useful metaphor to enable various forms of legalised immoral actions (the regulator send a bill to the offender, who just so happens to not even be a real person, but also "who" has lots of money to pay fines, but can never be imprisoned). So it's even weirder that these miniature corporations on wheels do actually possess a physical (corporeal?) form, and yet it makes more literal sense than the way the idea was originally conceived.

Who's responsible when an automated Uber cab eats it's passenger, if the Uber cab AI dev team are designing the new vehicles?  Cheesy



Oh yeah my god you're right.Keep it for yourself smartass. English isn't my first language.I'm sorry. However I guess everybody knows what I meant.
thejaytiesto
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September 15, 2015, 06:56:09 PM
 #9

When Andreas speaks people listen, he's probably my favourite (publically known) bitcoin advocate. He really does seem to have bitcoin/the networks best interests at heart, no bull shit & no agenda's.
He's successful precisely because he isn't a core dev. It's a shame all core devs have monotonous voices and have no skills to communicate whatsoever. Gmaxwell can be somewhat enjoyable, but man I tried to listen to Adam Back's podcast the other day and it was difficult not trying to fall asleep. Guy is a genius but speaking is not his thing.
Carlton Banks
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September 16, 2015, 12:30:36 AM
 #10

Oh yeah my god you're right.Keep it for yourself smartass. English isn't my first language.I'm sorry. However I guess everybody knows what I meant.


lol I didn't notice until you told me. Your written english is better than alot of people who grow up speaking it. Calm down.

Vires in numeris
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