Bitcoin Q&A: “Blockchain, not Bitcoin”

Bitcoin Q&A: “Blockchain, not Bitcoin”

Why is the “blockchain, not Bitcoin” line of thinking wrong? What is the purpose of blockchains? Can blockchains or special purpose cryptocurrencies be used for debt and credit systems? Will the role of fiat be reduced to this?

These questions were part of the monthly live Patreon Q&A session on March 31st and the (rescheduled) April session on May 5th. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron:

Bitcoin vs. blockchain –
Blockchain versus Bullshit: Thoughts on the Future of Money –
The value of proof-of-work –
The mining process –
Miners, pools, and consensus –
Bitmain and the ASICBoost allegations –
Energy consumption –
Keep Digital Communities Weird –
What is Consensus? Rules Without Rulers –
Forkology: A Study of Forks For Newbies –
The Stories We Tell About Money –
The Killer App: Engineering the Properties of Money –
Bitcoin Security: Bubble Boy and the Sewer Rat –
Altcoins and specialisation –
Cryptographic primitives –
Nonces, mining, and quantum computing –
Migrating to post-quantum cryptography –
Price volatility and store-of-value –
Bitcoin as everyday currency –
Inflation and debt systems –

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop

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.





Subscribe to the channel to learn more about Bitcoin & open blockchains!

Music: “Unbounded” by Orfan (
Outro Graphics: Phneep (
Outro Art: Rock Barcellos (


  1. khalilisation

    we nead a "i love" button!!

  2. Rodrigo Serafim

    Where can we buy this FedCoin? Sounds like a great pump coin. 1000x +.

  3. TheLionManOnline

    A fed crypto would be FAR worse than the system we have now in pretty much every aspect.

  4. What do you think about etherium, isn't that centralized coin?

  5. They try to mislead the ppl who didn't understand bitcoin

  6. You’re awesome! Thanks for all that you do!

  7. Smashed the like…..

  8. Lorenzo Pietrapiana

    where ist possible to ask questions?

  9. Are we mainly talking Bitcoin? Cause given that Ether is not capped and the supply is controlled by the Ethereum team, how is that different than fiat?

  10. 100th like

  11. great Andreas these are the mindbreaking questions that are around – answer is still unclear but "less unclear" maybe you can come back to this idea of FED-coin giving us the opportunity to maintain our willingness for consumption now and enslavement later which is credit in reality with fiat right now and as it was in the past (in contrary to the concept of savings-now and consumptions-later)

  12. Fabrice Manzo;

  13. Crypto League

    thats like saying i love my children but neglect them. if youre in it for blockchain, youre in it for bitcoin too. bitcoin is part of the blockchain. not all fruits are apples, but all apples are fruits

  14. Yaacov Sakowitz

    Go Andreas!

Leave a Reply

Your email address will not be published. Required fields are marked *