In this talk "Blockchain vs. Bullshit - Thoughts on the Future of Money," Andreas outlines the necessary criteria that will help you distinguish blockchains from bullshit, and why the goal of developing this technology should not be "banking the unbanked" but rather de-banking all of us.

This keynote talk took place at the Blockchain Africa Conference on March 2nd 2017 at the Focus Rooms in Johannesburg, South Africa: http://blockchainafrica.co/speaker/andreas-m-antonopoulos/

TOPICS:The hype and empty promises around "blockchain" 2:30Reconsidering info security, research in applied cryptography 4:45Blockchains vs. databases 7:13The essence of Bitcoin: revolutionizing trust 8:33Open blockchains are the only ones that matter 10:24Censorship resistance and other important characteristics 13:12Criteria: blockchain or bullshit? 14:05Fundamentally changing the allocation of trust 15:45Permissioned "distributed ledgers" are boring & insecure 16:43Hey Wall Street, Anonymous is coming for your keys 21:48Promising opportunities, solving the unsolvable problems 23:06The 3 elements to success in this industry 24:50The necessary steps to mature out of infancy 27:44

QUESTION & ANSWER:Hot vs. cold wallets - https://youtu.be/Aji_E9sw0AEThe revolution in trust - https://youtu.be/iWfpxB3HZOY

RELATED:Blockchain for Beginners - https://youtu.be/i9nUMvpT2rMHow to get people to care about security - https://youtu.be/Ji1lS9NMz1EWelcome to TrustNet - https://youtu.be/Rrj8sjHJthUHardware, Software, Trustware - https://youtu.be/Etyjc1JdmFUInitial coin offerings (ICOs) - https://youtu.be/Q5R8KuxV4A0What are the most exciting recent developments? - https://youtu.be/bCG5og_LwZYTrust, promise of value, and intrinsic utility - https://youtu.be/Cxc9ybot9oMThe oxymoron of national blockchains - https://youtu.be/qSIBFBq9tRsPrivate chains misunderstand the fundamental value of blockchains - https://youtu.be/haKVaGHKQJM

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=SMEOKDVXlUo&list=PLPQwGV1aLnTu0KFDbHk4AUiiyce0xLX7p&index=3