Bitcoin
$10,061.47 -1.60%
BTC · 14w

Good thoughts of Andreas as to why Facebook coin is not a threat to Bitcoin. Banks should worry ;)

Why is GlobalCoin neither a true cryptocurrency nor a threat to Bitcoin? What requirements and restrictions will GlobalCoin users have? Who will they compete against?This question is from the May monthly subscriber session, which took place on May 25th 2019. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonopRELATED:Facebook Coin and JPM Coin - https://youtu.be/Plseqktm3G4Measuring Success: Price or Principle - https://youtu.be/mPMsbgWl9p4Bitcoin and the Banks: Five Stages of Grief - https://youtu.be/43Ucj6_Erb0Escaping the Global Banking Cartel - https://youtu.be/LgI0liAee4sMoney as a System-of-Control - https://youtu.be/FyK4P7ZdOK8What is Consensus: Rules without Rulers - https://youtu.be/2tqo7PX5PycBitcoin Security: Bubble Boy and the Sewer Rat - https://youtu.be/810aKcfM__QWhy Open Blockchains Matter - https://youtu.be/uZPIz3ArQwwWhy permissioned blockchains fail - https://youtu.be/GEQzlJ_WL-EHow to avoid re-creating systems of control - https://youtu.be/EfoGnDoaBL8The QuadrigaCX scandal and counterparty risk - https://youtu.be/xsrF0szpS0IDo "crypto-banks" threaten hard money? - https://youtu.be/Ps78g2_3_6oGovernance and social attack immunity - https://youtu.be/PjOHatoX6FkPrivacy experimentation and the luxury of laziness - https://youtu.be/4GoPRNFr2YQState-sponsored digital currencies and trust minimization - Continue on youtu.be

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