Uploaded December 2020 | Updated September 2026, 1 hour ago
Watch this video where Andreas delivers 30+ minutes of crypto comedy on topics like, why do people buy xrp & conspiracy theories and bitcoin. Everyone has had an awkward holiday conversation about cryptocurrency, let's talk about what you should have said. This entire video is comedy, you will learn nothing!
0:00 Awkward Holiday Conversations about Cryptocurrency starting soon
0:53 Introduction
2:32 Aantonop Workshops
4:50 What's the best strategy to deal with an older family member with an advanced business degree that says things that are often quite wrong about bitcoin (e.g. it's vaporware designed by criminals and mostly used to sell drugs on the darknet)?
6:17 I'm dating someone new and haven't yet mentioned my love affair with bitcoin. I want to give them a few sats for Christmas. How do I make this not an awkward holiday conversation?
9:45 Is it the right time to sell bitcoin? What do you say to someone to whom you've gifted bitcoin previously that asks if it's the right time to sell every time bitcoin is in the news?
11:30 How should I respond when my distant half-drunk cousin who I don't really like asks (in front of everyone), "So when are you gonna give us all some of those bitcoins you got?" I don't even have one bitcoin yet but I don't want to tell them that.
15:02 NoCoiners think that when the number goes up we get excited & watch the charts more. It's nice but if you're really in it, you're watching more when it goes down!
16:55 Is there an elegant way to make a backup for someone that really wants bitcoin as a gift, but is unlikely to follow directions related to custody and security?
19:48 In my experience, giving BTC away leaves the perception it holds no real value, and people will often end up losing it. Whereas everyone I paid BTC to (for say plumbing / selling their music) equate their effort with value & keep it safe. Is teaching security & how to buy and transfer to a wallet a better gift?
21:30 I once gifted bitcoin to someone that later asked me if it was ok for them to use it to buy drugs online before pot was legal in Canada. What would you have said?
25:03 I helped most of my family buy bitcoin during the 2017 hype. Then a few months ago I bought it all from them because I felt they kinda blamed me for losing money. Now they're freaking out because they could've sold now and not lost any money & some of them could've profited a little. What should I do?
27:09 As a noob in 2017, I advised everyone to buy Bitcoin. Of course, they didn't. Now, they think I am a millionaire. How do I tell them I am still down 7% on my investment?
30:56 I "foolishly" brought up the subject of cryptocurrency and how I own a bit of Bitcoin at a lunch. One of the friends asked me how much Bitcoin I had. I stammered. How should I have responded?
32:40 Why people buy XRP? Sister asked me if it was wiser to buy XRP since that was the coin the banks trusted (Christmas 2017). What should I have said?
36:26 Keeping your bitcoin holdings secret. I paid someone a small debt with bitcoin. However, the transaction featured a large amount moving from my address, with a large portion given back as change. The recipient now knows how much bitcoin I have. What is the best way to prevent this?
39:25 Ungrateful kids and crypto gifts: As a small gift in Christmas of 2018, I gave paper wallets with 10 EUR. 1 of the kids asked "Only 10 EUR?" I wanted to answer inflation, store of value & Bitcoin halving but since he was only 6 I just smiled. What could have I answered, for the adults to listen?
41:28 Conspiracy theories and bitcoin: A friend believes in conspiracy theories, he thinks bitcoin is on the side of banks and evil elites. What can I say?
How can I ask questions and vote?
Community Builders who support this free work on Patreon get to ask questions and vote on questions at least a week before the event. Community Members who support this work on YouTube get to ask questions and vote on questions a day before the event starts. Everyone else gets to ask questions and vote on questions when the event starts.
BECOME a Patreon Community Builder: patreon.com/aantonop
JOIN this channel to become a YouTube Community Member and access custom emojis and other perks: aantonop.io/youtube
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: aantonop.io/youtube
About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at aantonop.com
***Learn More From Andreas’ Workshops, Books & Events**
Website: aantonop.com
#bitcoin #cryptocomedy
Watch this video where Andreas delivers 30+ minutes of crypto comedy on topics like, why do people buy xrp & conspiracy theories and bitcoin. Everyone has had an awkward holiday conversation about cryptocurrency, let's talk about what you should have said. This entire video is comedy, you will learn nothing!
0:00 Awkward Holiday Conversations about Cryptocurrency starting soon
0:53 Introduction
2:32 Aantonop Workshops
4:50 What's the best strategy to deal with an older family member with an advanced business degree that says things that are often quite wrong about bitcoin (e.g. it's vaporware designed by criminals and mostly used to sell drugs on the darknet)?
6:17 I'm dating someone new and haven't yet mentioned my love affair with bitcoin. I want to give them a few sats for Christmas. How do I make this not an awkward holiday conversation?
9:45 Is it the right time to sell bitcoin? What do you say to someone to whom you've gifted bitcoin previously that asks if it's the right time to sell every time bitcoin is in the news?
11:30 How should I respond when my distant half-drunk cousin who I don't really like asks (in front of everyone), "So when are you gonna give us all some of those bitcoins you got?" I don't even have one bitcoin yet but I don't want to tell them that.
15:02 NoCoiners think that when the number goes up we get excited & watch the charts more. It's nice but if you're really in it, you're watching more when it goes down!
16:55 Is there an elegant way to make a backup for someone that really wants bitcoin as a gift, but is unlikely to follow directions related to custody and security?
19:48 In my experience, giving BTC away leaves the perception it holds no real value, and people will often end up losing it. Whereas everyone I paid BTC to (for say plumbing / selling their music) equate their effort with value & keep it safe. Is teaching security & how to buy and transfer to a wallet a better gift?
21:30 I once gifted bitcoin to someone that later asked me if it was ok for them to use it to buy drugs online before pot was legal in Canada. What would you have said?
25:03 I helped most of my family buy bitcoin during the 2017 hype. Then a few months ago I bought it all from them because I felt they kinda blamed me for losing money. Now they're freaking out because they could've sold now and not lost any money & some of them could've profited a little. What should I do?
27:09 As a noob in 2017, I advised everyone to buy Bitcoin. Of course, they didn't. Now, they think I am a millionaire. How do I tell them I am still down 7% on my investment?
30:56 I "foolishly" brought up the subject of cryptocurrency and how I own a bit of Bitcoin at a lunch. One of the friends asked me how much Bitcoin I had. I stammered. How should I have responded?
32:40 Why people buy XRP? Sister asked me if it was wiser to buy XRP since that was the coin the banks trusted (Christmas 2017). What should I have said?
36:26 Keeping your bitcoin holdings secret. I paid someone a small debt with bitcoin. However, the transaction featured a large amount moving from my address, with a large portion given back as change. The recipient now knows how much bitcoin I have. What is the best way to prevent this?
39:25 Ungrateful kids and crypto gifts: As a small gift in Christmas of 2018, I gave paper wallets with 10 EUR. 1 of the kids asked "Only 10 EUR?" I wanted to answer inflation, store of value & Bitcoin halving but since he was only 6 I just smiled. What could have I answered, for the adults to listen?
41:28 Conspiracy theories and bitcoin: A friend believes in conspiracy theories, he thinks bitcoin is on the side of banks and evil elites. What can I say?
How can I ask questions and vote?
Community Builders who support this free work on Patreon get to ask questions and vote on questions at least a week before the event. Community Members who support this work on YouTube get to ask questions and vote on questions a day before the event starts. Everyone else gets to ask questions and vote on questions when the event starts.
BECOME a Patreon Community Builder: patreon.com/aantonop
JOIN this channel to become a YouTube Community Member and access custom emojis and other perks: aantonop.io/youtube
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: aantonop.io/youtube
About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at aantonop.com
***Learn More From Andreas’ Workshops, Books & Events**
Website: aantonop.com
#bitcoin #cryptocomedy

![Bitcoin and Open Blockchain Open Topic Livestream with Andreas - Audio Only - July 2021
Looking for an entertaining, trustworthy, unbiased opinion on bitcoin and open blockchains? This is it. During this livestream Andreas will answer questions about bitcoin and open blockchains, like Ethereum and the lightning network. Andreas never talks investment but if you want to learn about the technology then dont miss this event.
Chapters
0:00 Introduction
1:14 I finished writing a book - Mastering the Lightning Network
7:56 How [technically speaking] do bitcoin nodes find each other on the Internet? Is there any sort of centralized registry with IP addresses of bitcoin nodes?
13:57 A miner does not get his block reward until 100 blocks have been mined. Is this checked by the nodes? is this part of the consensus rules?
19:38 What are your thoughts on Lightning centralization? Do you think it will grow into a more centralized or decentralized network? Could it lead to privacy problems or denial of service and in what measure?
29:10 Every month, I pay my half of the rent to my partner in BTC. Around 400€. 1) Would it make sense to open a big LN channel between us or should we stick to on-chain for now? 2) Can you describe the different ways for refilling this channel?
36:01 As a BTC inheritance system: can you set UTXOs to be transferable by a PK (owned by you) anytime, but also by another PK (given to your descendants) only after block X? You could roll them while alive. Only after you die can be moved.
40:42 Are the usernames of community builders just getting silly now?
44:23 What are some things to look forward to when block 709632 is mined? What projects can be built of Taproot? What can be done in the mean time? Will that block be Bitcoins 1995 moment?
53:49 In an old QA/podcast you mentioned a tool to explore the most usual derivation paths of a given seed, looking for UTXOs. I was never able to find it again, what was it?
57:39 Broadly speaking, what might be the significance of the Crypto Bill now before Congress (a) for Bitcoin and (b) for crypto in general?
1:03:19 Could you explain how the price of BTC is determined, is that based on available coins on exchanges (supply/demand)? Since there is no central exchange, how is the price tracked all the time and mostly equal on most exchanges?
1:11:28 Does bitcoin have intrinsic value and if so, why?
1:14:31 Conclusion and announcements
BECOME a Patreon Community Builder: https://patreon.com/aantonop
JOIN this YouTube channel: https://aantonop.io/youtube
LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop
You can also learn from one of aantonops many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network (2021) published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter. Learn more at https://aantonop.com Bitcoin and Open Blockchain Open Topic Livestream with Andreas - Audio Only - July 2021](https://i.ytimg.com/vi/iAEUdBFpSiA/mqdefault.jpg)



![Learn About Bitcoin Taproot Activation & See the Numbers for Yourself [May 23, 2021]
In this video, Andreas explains how to use taproot.watch to see activation signaling in real time. Follow along, listen, and learn.
Chapters
0:00 Looking at taproot.watch, what data is actually showing and what does it mean?
4:36 Can a bad state actor stop 90% from being reached? What is UASF?
5:59 Can I help it somehow to reach 90%?
This question was asked as part of the May 2021 bitcoin and open blockchain monthly Q&A session. Watch the entire video here: https://youtu.be/5bY4D33o5SU
Learn more about taproot, like what it is and why it matters in these videos:
https://youtu.be/U0T49duRt74
https://youtu.be/inseDi7OtCY
COMMENT below and let us know what you think of the video. Post your follow-up questions there too!
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ?sub_confirmation=1
JOIN this YouTube channel to become a YouTube Community Member and access custom emoji and other perks: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join
BECOME a Community Builder: https://patreon.com/aantonop
LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop
You can also learn from one of aantonops many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network (2021) published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter.
About aantonop: Andreas isnt promoting a company or an organization; hes paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
***Learn More From Andreas’ Workshops, Books & Events**
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: https://aantonop.io/shop
Patreon: https://patreon.com/aantonop
Website: https://aantonop.com
Workshops: https://aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Instagram: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Twitter: https://twitter.com/aantonop
Thanks for watching, sharing, and subscribing! Learn About Bitcoin Taproot Activation & See the Numbers for Yourself [May 23, 2021]](https://i.ytimg.com/vi/jUwqFkPAoNY/mqdefault.jpg)
![Crypto Explained: What are Deflationary and Inflationary Systems? Why Should I Care? [2021]
What are inflationary and deflationary systems? Can you help me understand what these terms mean and why I should care? Why are these words thrown around so much in bitcoin and cryptocurrencies in general? Watch, learn, and laugh.
Chapters
0:00 I know you are not an economist but could you explain in simple terms what a deflationary system is and how it relates to an inflationary system? What are the pros and cons?
0:50 Inflationary system
2:53 Deflationary system
COMMENT below and let us know what you think of the video. Post your follow-up questions there too!
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ?sub_confirmation=1
JOIN this YouTube channel about Bitcoin and open blockchains to become a YouTube Community Member and access custom emoji and other perks: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join
BECOME a Community Builder: https://patreon.com/aantonop
LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop
You can also learn from one of aantonops many books about bitcoin, ethereum, and open blockchains. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter.
About aantonop: Andreas isnt promoting a company or an organization; hes paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
***Learn More From Andreas**
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: https://aantonop.io/shop
Patreon: https://patreon.com/aantonop
Website: https://aantonop.com
Workshops: https://aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Instagram: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Twitter: https://twitter.com/aantonop
Thanks for watching, sharing, and subscribing! Crypto Explained: What are Deflationary and Inflationary Systems? Why Should I Care? [2021]](https://i.ytimg.com/vi/jzJ20BGcdDo/mqdefault.jpg)
![Cryptocurrency Explained: Can Words in a BIP39 Mnemonic Repeat? [Bitcoin, Ethereum, Security]
Recently, Andreas was asked if words in a BIP39 mnemonic can repeat. The short answer is yes. If you want to learn more about how mnemonics work, and really understand your bitcoin, ethereum, or other cryptocurrency wallet, watch this 2 min video.
Chapter
0:00 Can words repeat in a mnemonic phrase?
0:10 Yes the word about repeated 23 times plus a valid checksum word is a valid mnemonic
0:58 In the English BIP39 dictionary, you only need the first 4 letters of each word!
Learn more about bitcoin and cryptocurrency key security by watching these videos:
Heres an entire playlist: https://youtube.com/playlist?list=PLPQwGV1aLnTtAmzmz6uVE0kTKXtaGX1zY
or watch
What is a mnemonic phrase? https://youtu.be/pIvgjCvGlwo
Can someone guess my private key? https://youtu.be/2eZ5DP2P5As
Setting up secure storage devices: https://youtu.be/wZ9LxLLvfXc
Worst ways to store bitcoin: https://youtu.be/x6rnAGscBrU
How can I ask questions and vote?
You’re welcome to ask your question at the next Livestream event. You can find out when it is by subscribing to the channel and turning on notifications or by visiting this playlist: https://www.youtube.com/playlist?list=PLPQwGV1aLnTtqBtaD-hSCf9RwpwQQy-Ji.
Community Builders who support this free work on Patreon get to ask questions and vote on questions at least a week before the event. YouTube Community Members who support this work get to ask questions and vote an hour before the event starts. Everyone else gets to ask questions and vote on questions when the event starts. Giving early access is a small way Andreas can give something to the people who help to financially support the mission and still include anyone who wants to participate.
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ?sub_confirmation=1
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join
BECOME a Community Builder: https://patreon.com/aantonop
You may already know that Andreas’ mission is to educate as many people as possible about Bitcoin and open blockchain technologies. Watching and sharing these videos is one way to do that. Thank you for being part of this mission!
About aantonop: Andreas isnt promoting a company or an organization; hes paid by the cryptocurrency community (people who support this work on Patreon and YouTube) and provides an unbiased look at bitcoin and open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com
***Learn More From Andreas’ Workshops, Books & Events**
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: https://aantonop.io/shop
Patreon: https://patreon.com/aantonop
Website: https://aantonop.com
Workshops: https://aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Instagram: https://www.instagram.com/amantonop/
LinkedIn: https://www.linkedin.com/company/aantonop/
Twitter: https://twitter.com/aantonop
Thanks for watching and sharing! Cryptocurrency Explained: Can Words in a BIP39 Mnemonic Repeat? [Bitcoin, Ethereum, Security]](https://i.ytimg.com/vi/kGClNWZcYV8/mqdefault.jpg)


