Uploaded November 2020 | Updated September 2026, 46 minutes ago
What's up with your YouTube emoji of a rat under the bitcoin symbol? What does it mean? Where does it come from? Watch this short video to get the answers and learn how to use the analogy for yourself next time you're talking bankers and bitcoin.
0:00 Lucia asks, What's up with the emoji of the rat under the BTC symbol?
0:23 Bubble Boy & The Sewer Rat Talk
0:59 Bitcoin is secure not because it is protected, like bubble boy, but because it's exposed like the sewer rat
1:20 Bitcoin is the sewer rat
1:40 Others say the banking system is a rat and bitcoin is the rat poison
2:02 The emoji plays both ways
This question is from the October Monthly Q&A, which took place on October 24, 2020. Watch the entire video here: youtu.be/maS5xUMZo7E. If you want to ask questions early (before the live event), become a Community Builder on Patreon: patreon.com/aantonop. Patrons get early access to ask questions, view talks, behind-the-scenes content, and much more.
Related Videos
Bitcoin Security: Bubble Boy and the Sewer Rat - youtu.be/810aKcfM__Q
Bitcoin Security: Security Livestream Event - youtu.be/P7IuPA26GGc
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: aantonop.io/youtube
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: aantonop.io/youtube
BECOME a Community Builder: patreon.com/aantonop
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
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: amazon.com/-/e/B00MVAG8Z8
Audible: audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: aantonop.io/shop
Patreon: patreon.com/aantonop
Website: aantonop.com
Workshops: aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: facebook.com/AndreasMAntonopoulos
Instagram: instagram.com/amantonop
LinkedIn: linkedin.com/company/aantonop
Twitter: twitter.com/aantonop
Music: "Unbounded" by Orfan (twitter.com/grassfedbitcoin)
Thanks for watching!
What's up with your YouTube emoji of a rat under the bitcoin symbol? What does it mean? Where does it come from? Watch this short video to get the answers and learn how to use the analogy for yourself next time you're talking bankers and bitcoin.
0:00 Lucia asks, What's up with the emoji of the rat under the BTC symbol?
0:23 Bubble Boy & The Sewer Rat Talk
0:59 Bitcoin is secure not because it is protected, like bubble boy, but because it's exposed like the sewer rat
1:20 Bitcoin is the sewer rat
1:40 Others say the banking system is a rat and bitcoin is the rat poison
2:02 The emoji plays both ways
This question is from the October Monthly Q&A, which took place on October 24, 2020. Watch the entire video here: youtu.be/maS5xUMZo7E. If you want to ask questions early (before the live event), become a Community Builder on Patreon: patreon.com/aantonop. Patrons get early access to ask questions, view talks, behind-the-scenes content, and much more.
Related Videos
Bitcoin Security: Bubble Boy and the Sewer Rat - youtu.be/810aKcfM__Q
Bitcoin Security: Security Livestream Event - youtu.be/P7IuPA26GGc
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: aantonop.io/youtube
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: aantonop.io/youtube
BECOME a Community Builder: patreon.com/aantonop
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
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: amazon.com/-/e/B00MVAG8Z8
Audible: audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: aantonop.io/shop
Patreon: patreon.com/aantonop
Website: aantonop.com
Workshops: aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: facebook.com/AndreasMAntonopoulos
Instagram: instagram.com/amantonop
LinkedIn: linkedin.com/company/aantonop
Twitter: twitter.com/aantonop
Music: "Unbounded" by Orfan (twitter.com/grassfedbitcoin)
Thanks for watching!


![Decentralized Identity - Bonus Livestream Session
Decentralized Identity. it just sounds cool, right? But what is decentralized identity? Can you use it now? How might it be used in the future? Watch this video to learn about all of this and more!
Chapters
0:00 Decentralized Identity Livestream Starts
1:04 Thank you Patrons
6:26 Introduction
8:59 Down the Rabbit Hole: What do the terms identity, identifier, attestation, and role mean in the context of decentralized identity?
14:10 In your opinion, what should be an ideal design of Decentralized Identity system? What are the major challenges in execution of such system?
20:47 Does Decentralized Identity (or any mass adopted PKI) automatically give us end-to-end encrypted communications? Do governments and social media networks actively resist that?
25:08 Microsoft is supporting an open source digital identity project. Please provide info on the project. What do you think of it? Are there other similar projects?
31:56 Have you read the paper Who Watches the Watchmen? by Divya Siddarth et al? Any opinions on Idena or any of the other projects mentioned in the paper?
32:50 What are the current use-cases for decentralized identity? How do such systems avoid Sybil attack?
40:07 How would you explain Decentralized Identity to a newbie to the space?
43:50 Do you see users use current ways to store their ids/keys (custodial, hot wallet for low value ids, HW id wallet etc..)? How would users manage id recovery?
50:50 Why has PGP and GPG never caught on? Never got PGP to really work, and I never met anyone in the real world to exchange keys with?
54:13 Whats the point of decentralized identity if everyones data is still being stored centrally on corporate cloud servers? How do we break free from the cloud?
56:24 What do you think of a project like orbit, combining decentralized identity (Urbit ID) with a peer-to-peer network of personally owned computation (Urbit OS)?
57:24 How can you prevent having duplicate and multiple digital identities?
1:00:01 Will DID help small vendors compete with companies such as Amazon by removing the need for a separate account per website? What might that experience look like?
1:06:25 https://www.patreon.com/aantonop
1:07:21 Are there any digital ids for stateless people? it seems all the block-chain ids require political affiliation for full market participation
How can I ask questions and vote?
Well, this event is over but 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 [insert link to playlist].
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://aantonop.io/youtube
JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: https://aantonop.io/youtube
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!
Related Videos:
Cryptocurrency Taxes: Decentralized Exchanges (DEX) in International Waters - https://www.youtube.com/watch?v=5QvAeJiakRI
Are DEXs Actually Decentralized? Is that a DEX or a CEX? 5 Ways to Tell the Difference - https://www.youtube.com/watch?v=BRLVgb9IbtM
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
***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
Music: Unbounded by Orfan (https://twitter.com/grassfedbitcoin)
Thanks for watching! Decentralized Identity - Bonus Livestream Session](https://i.ytimg.com/vi/ySHNB1za_SE/mqdefault.jpg)




