Episode 8: Worse Than Useless
Andreas M. Antonopoulos is a best-selling author, speaker, educator, and one of the world’s foremost bitcoin and open blockchain experts.
In “Worse Than Useless: Financial Surveillance,” Andreas draws a connection between medical pseudoscience and the financial totalitarian surveillance, as practiced by modern banks and state intelligence agencies. He explores the hidden externalities and moral hazards inherent in KYC/AML policies and how overblown / misplaced concerns about so-called “black money” are disconnecting countries and even continents from the world economy. Why is it common sense that money laundering is the fundamental business of fully-licensed, regulated banks? Who runs the real “dark net”? He urges that, before we try to “fix” the financial system, we should first be sure we are not making it worse.
This talk took place November 25th 2017 at the Riga Art Space for the Baltic Honeybadger conference in Riga, Latvia.
This series is called ‘Unscrypted’ for a reason: all of Andreas’ talks are performed without slides or notes. You can find any necessary corrections and clarifications in the podcast description.
Credits: The narration for this episode was done by Stephanie Murphy. Production support from Erica and Jessica. Video editing by Adrian Tano. Sound editing by Dimitris Angelidis of Sampi Media. Logo design by Davi Barker. The music is called “Unbounded” by Orfan.
At 17:01, there is a quote from Martin Luther King Jr., derived from a sermon he delivered in Louisville on March 29, 1956. The full quote is: “Peace is not merely the absence of some negative force — war, tension, confusion, but it is the presence of some positive force — justice, goodwill, the power of the kingdom of God.”
“Worse Than Useless: Financial Surveillance” – https://youtu.be/n4F-h4xuXMk
- “Introduction to Bitcoin” – https://aantonop.com/introduction-to-bitcoin/
- “The Stories We Tell About Money” – https://aantonop.com/the-stories-we-tell-about-money/
- “Forkology: A Study of Forks for Newbies” – https://aantonop.com/forkology/
- “Streaming Money” – https://aantonop.com/streaming-money/
- “The Currency Wars” – https://aantonop.com/the-currency-wars/
- “Escaping the Global Banking Cartel” – https://aantonop.com/escaping-the-global-banking-cartel/
- “Money as a System of Control” – https://aantonop.com/money-as-a-system-of-control/
“Picking the Right Blockchain for the Job” – https://aantonop.com/picking-the-right-blockchain-for-the-job/
Playlist: Adoption: How, When, and Why – https://www.youtube.com/playlist?list=PLPQwGV1aLnTtvv7niltqwd_h0UOBGxocm
Want early-access to talks? Monthly live Q&As with Andreas? Become a patron: https://www.patreon.com/aantonop
MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9
THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs
THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
German, ‘Das Internet des Geldes’ (v1) – https://amzn.to/2LEiyqO
German, ‘Das Internet des Geldes’ (v2) – https://amzn.to/2VCzse5
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang
MASTERING ETHEREUM: https://amzn.to/2xdxmlK