Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies. Andreas Antonopoulos has taken to Twitter to debunk the fear, uncertainty and doubt (FUD) being spread by some crypto publications concerning a $22 bitcoin-double spend attack. The highly reputable Bitcoin evangelist has made it clear that the entire scenario was simply a chain re-organization in the Bitcoin blockchain, an occurrence that’s part of Bitcoin’s normal operation. Part 1 - Andreas M. Antonopoulos on Why We Need Bitcoin. Bitcoin is multifaceted. Some treat Bitcoin as a speculative tool for growing wealth, others as a way of avoiding financial censorship from traditional payment channels, and some use it as a way of claiming their monetary sovereignty and removing power from the banks and state. Bitcoin is a distributed consensus network that maintains a secure and trusted distributed ledger through a process called “proof-of-work.” Bitcoin fundamentally inverts the trust mechanism of Bitcoin evangelist and blockchain expert Andreas Antonopoulos estimates that an economic crisis in 2021 may not be in the best interest of BTC. In a recent podcast interview with Anita Posch, Antonopoulos analyzes the possible economic fallout from the Covid-19 pandemic and what that financial Antonopoulos, who has authored many best-selling books including Mastering Ethereum, said that Bitcoin holders may retain custody of their coins while earning passively via so-called DeFi platforms. The bitcoin evangelist Andreas Antonopoulos tweeted about his role in the high-profile billion-dollar bitcoin lawsuit, Kleiman v. Wright. On that, Antonopoulos waded into the discussion by saying Bitcoin purchased on PayPal is not real Bitcoin. He states that PayPal Bitcoin increases exposure to counterparty risk, in that users have no say or insight into what goes on behind the scenes. “If you buy your Bitcoin on PayPal you didn’t buy Bitcoin. Andreas M. Antonopoulos is a bitcoin and open blockchains educator, he coined the terms “Not your keys, not your coins” and “streaming money” and is the author of Mastering Bitcoin, the Internet of Money series and is currently working on the book Mastering the Lightning Network. Our topics: Bitcoin, the fairness protocol Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies.
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