"Blockchain" or Bitcoin: Understanding the Differences

In this talk, Andreas explores the rise of the term "blockchain" as a counterweight to bitcoin. The term blockchain does not provide a definition, as it has been diluted to be meaningless. Saying "blockchain" simply invites questions, such as "what is the consensus algorithm". Meanwhile, bitcoin continues to offer an alternative to the traditional financial system. Andreas looks at the value of private ledgers, which he sees as having a small impact on finance, versus open, global and accessible payment and currency systems such as bitcoin which he sees as fostering a global revolution in finance and access to financial tools.
Chapters
0:00 Introduction
3:57 What is bitcoin?
8:01 Disruptive technology
9:36 The internet
12:18 The open blockchain
13:40 Best is not what wins
16:16 Will it be bitcoin or will it be something else?
20:19 What are we going to do with blockchain and what's gonna happen to the banks?
21:50 Limitations of technology
22:55 Immutability
24:52 Censorship resistance and coercion resistance
26:19 Why would you use such a thing for a settlement system?
29:17 Decentralization
30:19 4 billion people are underbanked and with an open blockchain, we can change that
32:21 Who do you think is Satoshi Nakamoto?
35:14 Will the success of blockchain be define by a push factor from the market or a pull factor from the audience, as is happening now?
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“Mastering Bitcoin” - www.bitcoinboo...
“The Internet of Money” - www.amazon.com...
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