How much bitcoin do you have? What percentage of our wealth should be in bitcoins? A percentage that reflects your understanding of how the technology works and your ability to absorb the risk that it entails. However it also depends on what country you're in, because the volatility and risk in bitcoin may be better than your national currency. This is not a recommendation to invest; I have dedicated to career and my passion, I could lose all of it and still have everything else. Invest in education instead of speculation.
Note: Yes, I know - this video is now out of date. The advice about risk tolerance and focusing on education still stands.
This is part of a talk which took place on December 3rd 2016 at the Coinscrum {MiniCon}, hosted by Imperial College in London, England: https://www.meetup.com/coinscrum/events/235709468/?eventId=235709468&chapter_analytics_code=UA-47715334-1
Listen to the full talk here: https://archive.org/details/TheInternetOfMoney-Volume2/2-07-TheCurrencyWarsAndBitcoinsNeutrality.mp3
RELATED:Investing in education instead of speculation - https://youtu.be/6uXAbJQoZlEWhy I earn bitcoins instead of buying them - https://youtu.be/Ci7TyD8jETYInitial coin offerings (ICOs) - https://youtu.be/Q5R8KuxV4A0Where are the exchange-traded funds (ETFs)? - https://youtu.be/m3EFyGb104gAlternatives to centralised exchanges - https://youtu.be/3jmeJjhH84sWill Bitcoin save us from a global currency crisis? - https://youtu.be/U3S7vQrNOAI
ABOUTAndreas 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.
Subscribe to the YouTube channel to learn more about Bitcoin & open blockchains! https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ
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/aantonop
Read more:“Mastering Bitcoin” - https://www.bitcoinbook.info/“The Internet of Money” - https://theinternetofmoney.info/
Originally published as a YouTube video: https://www.youtube.com/watch?v=DJtM9mR7cOU&index=16&list=PLPQwGV1aLnTu0KFDbHk4AUiiyce0xLX7p
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