Crypto 101 | VIDEO: Just Released: Andreas Antonopoulous: Ethereum Q&A: ICOs and responsible investment (16 mins) - Super practical resource here today!! (Other videos inside post also)
Andreas M. Antonopoulos is an early pioneer, adopter & educator in the Bitcoin/Crypto space if you have not heard of him.
He routinely puts out some of the best information going. He speaks plainly and simply with some humour!
--
He travels the world preaching the Bitcoin, Liberty, Crypto and Blockchain gospel and is one of the most well respected lecturers and teachers in the crypto world!
I always include a library of AA's videos in these posts, just like he does in every one of his YT channel videos. These are things for you to use, save, watch, share, and learn from if you have time now or come back to later if you wish. It's here to help you, with extra resources.
--
This resource showed up in my email inbox recently, have a watch, share it with those who are learning.
Follow Andreas & Barry on Twitter:
--
https://twitter.com/aantonop
https://twitter.com/BarryDutton
Published on Jul 20, 2017
ICOs (initial coin offerings) present a new opportunity to raise capital outside of the more limited traditional avenues like user crowdfunding, angel investors, venture capital, bank loans, and your parents' credit cards.
The things people should be looking for in their investments: a product, or at least a robust and tested prototype; an established track record in business; use cases and an addressable market; good timing; a focused team that works well together.
If you have all of these things, your startup then has a ~10% chance of surviving the next five years. 99% of these ICOs don't have an app, they have a kind-of-not-sure plan, their timing is bad, and their team is three dudes who got together a few weeks ago and have never done a business before.
What could possibly go wrong if we give them $100 million... I haven't invested in any of the current ICOs, unless you count Bitcoin and Ethereum themselves. I read the whitepapers, I downloaded the software, ran the software, looked at the code, and understood the problem they were solving.
The idea of ICOs is revolutionary and will have an enormous impact eventually when it leads to successful companies.
Are any of the current ICOs doing that? No, not really. 99% of them will fail, most of them are blatant, overvaluated scams, and that's above my risk tolerance.
It's going to take a few years before we see a mature market. Invest in education, not speculation. Most of this community, even those who have worked in a more regulated space where there is an illusion of protection, do not have a good financial education.
You don't protect investors by giving power to someone else who makes their choices for them; all it will do is stop them asking questions, they rely too much on "experts," and denying them valuable lessons that will make them smarter and more sophisticated. They learn by repeatedly making smaller failures over and over again, until they're more cautious.
There's nothing you can say that will express the level of "ouch!" until they actually feel it.
This is part of a talk which took place on July 7th 2017 at a Bloktex event hosted by the Wisma BeeOn Group in Kuala Lumpur, Malaysia: https://antonopoulos.com/event/the-fu...
RELATED:
Hardware, Software, Trustware -
He routinely puts out some of the best information going. He speaks plainly and simply with some humour!
--
He travels the world preaching the Bitcoin, Liberty, Crypto and Blockchain gospel and is one of the most well respected lecturers and teachers in the crypto world!
I always include a library of AA's videos in these posts, just like he does in every one of his YT channel videos. These are things for you to use, save, watch, share, and learn from if you have time now or come back to later if you wish. It's here to help you, with extra resources.
--
This resource showed up in my email inbox recently, have a watch, share it with those who are learning.
Follow Andreas & Barry on Twitter:
--
https://twitter.com/aantonop
https://twitter.com/BarryDutton
Published on Jul 20, 2017
ICOs (initial coin offerings) present a new opportunity to raise capital outside of the more limited traditional avenues like user crowdfunding, angel investors, venture capital, bank loans, and your parents' credit cards.
The things people should be looking for in their investments: a product, or at least a robust and tested prototype; an established track record in business; use cases and an addressable market; good timing; a focused team that works well together.
If you have all of these things, your startup then has a ~10% chance of surviving the next five years. 99% of these ICOs don't have an app, they have a kind-of-not-sure plan, their timing is bad, and their team is three dudes who got together a few weeks ago and have never done a business before.
What could possibly go wrong if we give them $100 million... I haven't invested in any of the current ICOs, unless you count Bitcoin and Ethereum themselves. I read the whitepapers, I downloaded the software, ran the software, looked at the code, and understood the problem they were solving.
The idea of ICOs is revolutionary and will have an enormous impact eventually when it leads to successful companies.
Are any of the current ICOs doing that? No, not really. 99% of them will fail, most of them are blatant, overvaluated scams, and that's above my risk tolerance.
It's going to take a few years before we see a mature market. Invest in education, not speculation. Most of this community, even those who have worked in a more regulated space where there is an illusion of protection, do not have a good financial education.
You don't protect investors by giving power to someone else who makes their choices for them; all it will do is stop them asking questions, they rely too much on "experts," and denying them valuable lessons that will make them smarter and more sophisticated. They learn by repeatedly making smaller failures over and over again, until they're more cautious.
There's nothing you can say that will express the level of "ouch!" until they actually feel it.
This is part of a talk which took place on July 7th 2017 at a Bloktex event hosted by the Wisma BeeOn Group in Kuala Lumpur, Malaysia: https://antonopoulos.com/event/the-fu...
RELATED:
Hardware, Software, Trustware -
--
He travels the world preaching the Bitcoin, Liberty, Crypto and Blockchain gospel and is one of the most well respected lecturers and teachers in the crypto world!
I always include a library of AA's videos in these posts, just like he does in every one of his YT channel videos. These are things for you to use, save, watch, share, and learn from if you have time now or come back to later if you wish. It's here to help you, with extra resources.
--
This resource showed up in my email inbox recently, have a watch, share it with those who are learning.
Follow Andreas & Barry on Twitter:
--
https://twitter.com/aantonop
https://twitter.com/BarryDutton
Published on Jul 20, 2017
ICOs (initial coin offerings) present a new opportunity to raise capital outside of the more limited traditional avenues like user crowdfunding, angel investors, venture capital, bank loans, and your parents' credit cards.
The things people should be looking for in their investments: a product, or at least a robust and tested prototype; an established track record in business; use cases and an addressable market; good timing; a focused team that works well together.
If you have all of these things, your startup then has a ~10% chance of surviving the next five years. 99% of these ICOs don't have an app, they have a kind-of-not-sure plan, their timing is bad, and their team is three dudes who got together a few weeks ago and have never done a business before.
What could possibly go wrong if we give them $100 million... I haven't invested in any of the current ICOs, unless you count Bitcoin and Ethereum themselves. I read the whitepapers, I downloaded the software, ran the software, looked at the code, and understood the problem they were solving.
The idea of ICOs is revolutionary and will have an enormous impact eventually when it leads to successful companies.
Are any of the current ICOs doing that? No, not really. 99% of them will fail, most of them are blatant, overvaluated scams, and that's above my risk tolerance.
It's going to take a few years before we see a mature market. Invest in education, not speculation. Most of this community, even those who have worked in a more regulated space where there is an illusion of protection, do not have a good financial education.
You don't protect investors by giving power to someone else who makes their choices for them; all it will do is stop them asking questions, they rely too much on "experts," and denying them valuable lessons that will make them smarter and more sophisticated. They learn by repeatedly making smaller failures over and over again, until they're more cautious.
There's nothing you can say that will express the level of "ouch!" until they actually feel it.
This is part of a talk which took place on July 7th 2017 at a Bloktex event hosted by the Wisma BeeOn Group in Kuala Lumpur, Malaysia: https://antonopoulos.com/event/the-fu...
RELATED:
Hardware, Software, Trustware -
Hardware, Software, Trustware -
Hot vs. cold wallets -
Ethereum, ICOs, and Rocket Science -
Investing in Education instead of Speculation -
ICOs and financial regulation -
Initial coin offerings (ICOs) -
The token ICO explosion -
Altcoins and the scaling debate -
Irreversibility and consumer protection -
How much bitcoin do you have? -
TheDao: Why failure is necessary for learning -
Steemit, Yours Network, and future social platforms -
Even More:
RELATED:
The Lightning Network -
RELATED:
The Lightning Network -
The Lightning Network -
Lightning, full nodes, and miners -
Bitcoin & Blockchain in Norway -
What happens to transaction fees when the block reward is zero? -
Rules vs. Rulers -
Governance and the transaction fee market -
Scaling is a moving target -
Why we should worry about optimization, not scaling -
Altcoins and the scaling debate -
The Scaling Rites of Passage -
Is Bitcoin development centralised? -
QUESTION & ANSWER:
The separation of money and state -
The separation of money and state -
The end of vampire-squid financing -
RELATED:
Why we should worry about optimisation, not scaling -
The Lightning Network -
Lightning, full nodes, and miners -
Bitcoin, Lightning, and Streaming Money -
Rules vs. Rulers -
The Scaling Rites of Passage -
Altcoins and the scaling debate -
Unlimited vs. Cypherpunks -
QUESTION & ANSWER:
Scaling is a moving target -
ICOs and financial regulation -
RELATED:
What happens to our bitcoins during a hard fork? -
What happens to our bitcoins during a hard fork? -
The dangers of hard forks in protocol evolution -
Hard forks and the cultural mulligan -
Open source as cross-pollination & consensus through collaboration -
The Lion and the Shark: Divergent Evolution in Cryptocurrency -
Bitcoin: A new species of money - an evolutionary perspective on currency -
Evolving layered technologies in cryptocurrecy -
The Scaling Rites of Passage -
Ethereum: Consensus vs. Immutability -
LTB Live: TheDAO, ETH, Soft-Fork, DoS and what's next -
Unlimited vs. Cypherpunks -
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.
--
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Mon...
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...
Thanks for reading, have a nice day.
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
--
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Mon...
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...
Thanks for reading, have a nice day.
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
he speaks the truth, this ICO Frenzy is often ridiculous, i watched some of his long speaks and is always a reminder that nobody can do magic things and nothing is popping out of thin air. Everything needs hard work to be good. He forces us to keep our feets on the ground and always do your homework before getting into something in the cryptospace.
Great reply!!!
I just gave you a full power UV (upvote) seeing you were brand new here with a 25 rep score.
It boosted you from 25 to 34 in one vote -- I do this a few times a week to help new people and keep new people encouraged and earning some money.
Have a nice nite!!!
Thank you very much @barrydutton it's very encouraging for me! I was wondering and now i'm amazed by your voting power. Keep up the great work!
Steem On and as you grow, just try and do your part to help people here and there when you can, that is how we will all grow and win.
Andreas, best guy in crypto sphere, thanks for compiling his videos.
NP my friend! Spread the love and messages.
Thank you for this post @barrydutton. These are a lot of videos, by the way, hehe but I am gonna watch them. I read your information and I can have a better idea what I can do or not.
That reply there --- is one of the reasons I do post on here daily --- thanks for that nice comment!
Gave you an UV for that comment too, Steem On my friend!!!
than fot videos ;) time to listen this
TY for commenting today!
@barrydutton Great post very informative andreas antonopoulous always gives the best information great video thanks for the post.
I compile, share and leave this stuff online, I treat these like a library, every time I write them.
New people are coming here daily, and always new eyeballs seeing things daily too anyways.
(:
glad he is spreading the word of crypto
He is great!
Hi Barry, How many weeks did you take to write this post?
LOL.
I get a few posts up here and there
(:
wow quite the list of Antonop videos. He prob has the most passion for bitcoin than anyone Ive ever seen! Tone vays kind of reminds me of him but not as good. He comes up with the best answer to every question too, quite remarkable.
The guy is a genius, I am actually pretty sure of this fact!
He must be. I know he went to ucl for computer science a top 10 world university.