Bitcoin Q&A: Futures markets

[AUDIENCE] Fiat currencies have interest rate markets which reflect the time value of money. What about bitcoin and other cryptocurrencies? Are you aware of interest rate markets for bitcoin? [ANDREAS] Yes, there are interest rate markets for bitcoin. You won’t see them… that often, simply because a lot of them are over-the-counter. But if you…

Bitcoin: Opportunity for South America and Emerging Markets – Sao Paulo

[ANDREAS] This is my first experience with the Brazilian Bitcoin community, so let me ask: how many of you in this room have bitcoin, and how many of you do not have bitcoin yet? All right. If you are sitting next to one of the people who do have bitcoin, before you leave here today,…

Bitcoin Q&A: Enterprise “blockchain” gentrification?

[AUDIENCE] Hi, I’m just wondering… Let’s say that 5% of the total population get out of their comfort zone… and they move to cryptocurrencies. When do you think that this gentrification will come, [a push toward] mainstream user friendliness? [What will the effect on the crypto] community be then? Will [we] say, “This is gentrified,…

Ethereum Q&A: Hard forks & the cultural mulligan

[AUDIENCE] In the beginning of your presentation, you talked about predictable outcomes. There was a debate in Ethereum about the spirit of the rule versus letter of the law. If and when Bitcoin is in a situation where it needs a soft or hard fork, would you still stand by the predictable outcomes and immutability…

Bitcoin Q&A: Lightning Network game theory

“Can the Lightning Network rules be changed and updated easily, unlike [the Bitcoin blockchain], which requires super-majority consensus (almost everyone must agree) for simultaneous upgrade?” “Can groups of users use different variations of the channel rules and form a separate sub-network, with or without maintaining compatibility to the entire Lightning Network?” That is a really…

Bitcoin Q&A: What will Bitcoin Core 1.0 look like?

“What would Bitcoin Core 1.0 look like? I believe Satoshi first ran bitcoind 0.1.” “With all of the years [behind it] so far, any ideas about what Bitcoin Core 1.0 could possibly look like?” Right now, we are at version 0.17. I don’t know of any plans to move from the sub-version numbering to 1.0…

Bitcoin Q&A: From barter to abstract money

[AUDIENCE] I have a two-part question. Both are related to social norms. Before digital currency and before centrally control currencies, people [would] barter, still even today. I see that Bitcoin will perhaps promote more of that barter of services, in exchange for bitcoin. That is one question: is this really nothing but to promote more…

Bitcoin Q&A: Exchanges, identity, and surveillance

‘Given the current status of Bitcoin and other open blockchains, how can users who purchase their BTC on an exchange, exposing all of their [personal information], protect their privacy and anonymity? Especially when governments have very sophisticated tools such as Chainanalysis. Should there be infrastructure and a paradigm shift on how users switch their assets…

Bitcoin: Opportunity for South America and Emerging Markets – Sao Paulo

[ANDREAS] This is my first experience with the Brazilian Bitcoin community, so let me ask: how many of you in this room have bitcoin, and how many of you do not have bitcoin yet? All right. If you are sitting next to one of the people who do have bitcoin, before you leave here today,…

Bitcoin Q&A: What will Bitcoin Core 1.0 look like?

“What would Bitcoin Core 1.0 look like? I believe Satoshi first ran bitcoind 0.1.” “With all of the years [behind it] so far, any ideas about what Bitcoin Core 1.0 could possibly look like?” Right now, we are at version 0.17. I don’t know of any plans to move from the sub-version numbering to 1.0…