In this talk, Andreas makes a connection between medical pseudoscience and modern financial totalitarian surveillance, as practiced by banks and state intelligence agencies. He explores the hidden externalities and moral hazards inherent in KYC/AML policies, disconnecting whole countries and even continents from the world economy. Why is it common sense that money laundering is the fundamental business of fully-licensed, regulated banks? Who runs the real “dark net”? He urges that before people try to fix things they should first be sure they’re not making it worse.
NOTE: At 15:58, I quote Martin Luther King Jr. The full quote is: “Peace is not merely the absence of some negative force — war, tension, confusion, but it is the presence of some positive force —justice, goodwill, the power of the kingdom of God.” Context: https://kinginstitute.stanford.edu/king-papers/documents/when-peace-becomes-obnoxious-sermon-delivered-18-march-1956-dexter-avenue
0:00 First, do no harm
3:21 Why is it important to remember this concept of do no harm?
3:56 Who has access to money and who doesn’t
6:32 Money laundering
9:28 Totalitarian financial surveillance
15:12 Peace through justice
16:59 What’s the biggest problem with bitcoin?
18:44 Bank secrecy
This talk took place at the Riga Art Space for the Baltic Honeybadger conference on November 25th 2017 in Riga, Latvia: https://antonopoulos.com/event/baltic-honeybadger-2017/
Money as a System-of-Control – https://youtu.be/FyK4P7ZdOK8
The Stories We Tell About Money – https://youtu.be/ONvg9SbauMg
Bitcoin: Privacy, Identity, Surveillance and Money – https://youtu.be/Vcvl5piGlYg
ADISummit: Self-Sovereign Identity Panel – https://youtu.be/DZbyiJqKT8c
My response to Jamie Dimon – https://youtu.be/1dEcdGc0tIo
Aadhaar and blockchain identities – https://youtu.be/GylSvJf53zI
How is fungibility tied to privacy? – https://youtu.be/VuI-8EwqIS8
Fungibility, privacy, anonymity – https://youtu.be/y3s8c7YDtXU
Why KYC is dangerous – Microviolations of Privacy as Payment – https://youtu.be/rwF7nMWUjBs
Could governments take over exchanges? – https://youtu.be/9PrJQeKl9w4
Separation of money and state – https://youtu.be/jGmtRA9S7_Y
Borderless money – https://youtu.be/EZh1-ZqffOw
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.
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
[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8
[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388
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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/)
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