Uploaded April 2021 | Updated September 2026, 2 hours ago
Looking for an entertaining, trustworthy, unbiased opinion on bitcoin and open blockchains? This is it. Take a look at the timestamps to find the questions you're most interested in!
0:00:00 In the Beginning
0:01:39 Welcome and we are live
0:02:38 Do you think mining is becoming more or less decentralized? How open to Sybil attack are measurements of decentralization? Common FUD around bitcoin involves the Chinese near-monopoly on mining. Can this be definitively proven or refuted? [Demosthenes]
0:10:24 In a world of 100%(or near) ultra-cheap, renewable energy: what happens to the security of the Bitcoin network? Thank! [Mat G]
0:13:00 What is the ordering of transactions in a Block ? Does the miner decide the ordering?
0:21:50 Upcoming content changes, Q&A, audio-only, and more
0:24:50 What is speedy trial BIP8? And what does it mean for taproot activation. And i heard that taproot activation has already launched [Anthony]
0:34:35 In the event of a fork or BIP or similar, how do I "vote" with my node?
0:37:20 Thank you to Patrons and supporters
0:42:05 Bitcoin is very transparent and thus is not really 100% fungible any more due to tagging by banksters. Can you think of a reason why a smart person like Satoshi did not implement anonymous transactions right from the beginning? [outbacktrader]
0:45:59 Which of the BTC privacy services (Wassabi Coinjoin/Samurai Whirlpool/JoinMarket etc...) are easiest to use for a beginner? What are some of the unexpected behaviors and pitfalls a beginner should be aware of?
0:48:32 Down The Rabbit Hole: Capital Gains Taxes; Marginal Taxes
1:04:40 Thank you, 250,000 subscribers, and interesting banter about development
1:09:38 How could/should bitcoin be included in traditional primary and secondary education (K-12)? What disciplines (i.e. math, econ) are most relevant to mass education? [Demosthenes]
1:13:45 How do you recommend interacting with friends/acquaintances who are newer to crypto and who are chasing gains in altcoins while being hesitant to Bitcoin? Thoughts on long term success of Bitcoin vs. altcoins? [Bradley Hanson]
1:22:17 I love the opportunities that crypto offers. However, I see the megacorps gobbling up BTC by the (USD) billion, and I wonder how much this adoption wave is widening the gap between rich and non-rich. "Meet the new boss..." Thoughts?
1:28:01 What do you think of the services that allow you to earn interest with crypto (BlockFi, Celcius, etc.)? They are reliable? I am worried about the "Not my keys, not my coins" issue with them. [Masterplank]
1:32:56 Who owns the Lightning Network and should we be worried ? Can you please include an explanation of what this network is and how it relates to bitcoin? Thank you! [Skaffen]
1:39:30 Speed round!
1:39:56 Are FEES are the ONLY mechanism to prioritize transactions/prevent spam or can a system exist that uses another mechanism to prioritize transactions and prevent spam (similar to what several "feeless" cryptocurrency systems seek to do)
1:40:24 What is a chance that bitcoin will be delegalized in the western world?
1:40:37 Since LN nodes need to be online to guard against channel balance "hijacking" by the other party, what would be safe availability (e.g. 99.9%, 80%, etc...) of a node? Will it ever be possible to run a LN node fully from a mobile device?
1:41:07 Will you throw a big party if/when Taproot goes online?
1:41:24 Would it be possible to make coinjoins look like a single transaction using the property of signature aggregation of Schnorr signatures?
1:41:54 What would have to happen for you to think "Bitcoin is inevitable"?
1:42:15 Thoughts on staking ETH for ETH2? Does it make sense to stake for the new ETH2?
1:42:32 Is LTC kind of a testnet for BTC?
1:43:03 How are bitcoin transfer fees calculated? What is input and output?
1:43:55 Why are the media coming down on the Bitcoin - Eco Disaster FUD so hard? They've started prioritising it over other FUD such as Fees & Transaction speed
1:45:00 I would like to time lock my hardware wallet for a year. Is that easy for me to do?
1:45:21 How many Bitcoin are in one block?
1:45:50 Why would I pay anyone in bitcoin when I can invest it?
BECOME a Patreon Community Builder: patreon.com/aantonop
JOIN this YouTube channel: 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. aantonop.io/takeaworkshop
You can also learn from one of aantonop's 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 aantonop.com
Looking for an entertaining, trustworthy, unbiased opinion on bitcoin and open blockchains? This is it. Take a look at the timestamps to find the questions you're most interested in!
0:00:00 In the Beginning
0:01:39 Welcome and we are live
0:02:38 Do you think mining is becoming more or less decentralized? How open to Sybil attack are measurements of decentralization? Common FUD around bitcoin involves the Chinese near-monopoly on mining. Can this be definitively proven or refuted? [Demosthenes]
0:10:24 In a world of 100%(or near) ultra-cheap, renewable energy: what happens to the security of the Bitcoin network? Thank! [Mat G]
0:13:00 What is the ordering of transactions in a Block ? Does the miner decide the ordering?
0:21:50 Upcoming content changes, Q&A, audio-only, and more
0:24:50 What is speedy trial BIP8? And what does it mean for taproot activation. And i heard that taproot activation has already launched [Anthony]
0:34:35 In the event of a fork or BIP or similar, how do I "vote" with my node?
0:37:20 Thank you to Patrons and supporters
0:42:05 Bitcoin is very transparent and thus is not really 100% fungible any more due to tagging by banksters. Can you think of a reason why a smart person like Satoshi did not implement anonymous transactions right from the beginning? [outbacktrader]
0:45:59 Which of the BTC privacy services (Wassabi Coinjoin/Samurai Whirlpool/JoinMarket etc...) are easiest to use for a beginner? What are some of the unexpected behaviors and pitfalls a beginner should be aware of?
0:48:32 Down The Rabbit Hole: Capital Gains Taxes; Marginal Taxes
1:04:40 Thank you, 250,000 subscribers, and interesting banter about development
1:09:38 How could/should bitcoin be included in traditional primary and secondary education (K-12)? What disciplines (i.e. math, econ) are most relevant to mass education? [Demosthenes]
1:13:45 How do you recommend interacting with friends/acquaintances who are newer to crypto and who are chasing gains in altcoins while being hesitant to Bitcoin? Thoughts on long term success of Bitcoin vs. altcoins? [Bradley Hanson]
1:22:17 I love the opportunities that crypto offers. However, I see the megacorps gobbling up BTC by the (USD) billion, and I wonder how much this adoption wave is widening the gap between rich and non-rich. "Meet the new boss..." Thoughts?
1:28:01 What do you think of the services that allow you to earn interest with crypto (BlockFi, Celcius, etc.)? They are reliable? I am worried about the "Not my keys, not my coins" issue with them. [Masterplank]
1:32:56 Who owns the Lightning Network and should we be worried ? Can you please include an explanation of what this network is and how it relates to bitcoin? Thank you! [Skaffen]
1:39:30 Speed round!
1:39:56 Are FEES are the ONLY mechanism to prioritize transactions/prevent spam or can a system exist that uses another mechanism to prioritize transactions and prevent spam (similar to what several "feeless" cryptocurrency systems seek to do)
1:40:24 What is a chance that bitcoin will be delegalized in the western world?
1:40:37 Since LN nodes need to be online to guard against channel balance "hijacking" by the other party, what would be safe availability (e.g. 99.9%, 80%, etc...) of a node? Will it ever be possible to run a LN node fully from a mobile device?
1:41:07 Will you throw a big party if/when Taproot goes online?
1:41:24 Would it be possible to make coinjoins look like a single transaction using the property of signature aggregation of Schnorr signatures?
1:41:54 What would have to happen for you to think "Bitcoin is inevitable"?
1:42:15 Thoughts on staking ETH for ETH2? Does it make sense to stake for the new ETH2?
1:42:32 Is LTC kind of a testnet for BTC?
1:43:03 How are bitcoin transfer fees calculated? What is input and output?
1:43:55 Why are the media coming down on the Bitcoin - Eco Disaster FUD so hard? They've started prioritising it over other FUD such as Fees & Transaction speed
1:45:00 I would like to time lock my hardware wallet for a year. Is that easy for me to do?
1:45:21 How many Bitcoin are in one block?
1:45:50 Why would I pay anyone in bitcoin when I can invest it?
BECOME a Patreon Community Builder: patreon.com/aantonop
JOIN this YouTube channel: 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. aantonop.io/takeaworkshop
You can also learn from one of aantonop's 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 aantonop.com


![Worst Ways to Gift Cryptocurrency [you can keep your bitcoin papaya]
In the Gifting Cryptocurrency Livestream, Andreas answered the question, What are the worst ways to gift crypto? In this 2 minute video, he explains the 3 worst ways to gift cryptocurrency including bitcoin. Watch the video and be sure youre not doing these things.
Chapters
0:00 What are the worst ways to give a gift of cryptocurrency to other people?
0:11 Dont give to people who dont want it, or really need the money now
0:29 No bitcoin papaya
1:20 Dont give gifts with strings attached
Watch the entire gifting cryptocurrency bonus livestream here: https://youtu.be/SsGBYJcV12k
Ready for some laughs? Watch this video snippet from Andreas no learning crypto comedy special: https://youtu.be/1AnAe6fm2-8
Or watch the entire episode of crypto comedy video: https://youtu.be/hjOTi3Vaiqo
COMMENT below and let us know what you think of the video. Post your follow-up questions about bitcoin, ethereum, lightning network, and cryptocurrency in general there too!
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
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
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! Worst Ways to Gift Cryptocurrency [you can keep your bitcoin papaya]](https://i.ytimg.com/vi/vqxDQBgo5vc/mqdefault.jpg)



![WORST Ways to Store Bitcoin [3 Mistakes to Avoid]
How secure are your bitcoin? Dont make easily avoidable mistakes when it comes to your cryptocurrency security and storage. Watch this video and make sure youre not storing your bitcoin in one of the worst places!
Chapters
0:00 What are the worst ways to store bitcoin?
0:16 Worst place to store bitcoin
1:56 2nd worst practice: Non-custodial, web wallet, without 2FA
2:31 3rd worst practice: Poorly secured desktop computer
3:23 The best ways to store bitcoin
Andreas has been asked, whats the best way to secure my bitcoin but this is the first time hes been asked what are the worst ways to store bitcoin. In this video, Andreas discusses custodial bitcoin security, two factor authentication, non-custodial bitcoin web wallets, and cryptocurrency desktop wallets.
This question is from the Open Topic Livestream Q&A, which took place on May 30, 2020. Watch the entire video here: https://youtu.be/BeBF2Pod_DU. If you want to ask questions early (before the live event), become a Community Builder on Patreon: https://www.patreon.com/aantonop. Patrons get early access to ask questions, view talks, behind-the-scenes content, and much more.
Related Videos:
Bitcoin Q&A: Can Bitcoin Be User-Friendly Without Compromising Security? - https://youtu.be/rIMzFobrJWU
Bitcoin Q&A: Climbing the sovereignty staircase - https://youtu.be/pOVm8YK3A_0
Related Workshop:
Learn how to Choose Your Cryptocurrency Wallet in Andreas latest workshop: https://aantonop.com/workshops. Use discount code: NYKNYC (not your keys, not your coins) to save 10% on your purchase of the workshop.
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
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
Music: Unbounded by Orfan (https://twitter.com/grassfedbitcoin)
Thanks for watching! WORST Ways to Store Bitcoin [3 Mistakes to Avoid]](https://i.ytimg.com/vi/x6rnAGscBrU/mqdefault.jpg)



![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)