Escaping the Global Banking Cartel - Bitcoin as an Exit

Expanding on an observation from his last talk, Andreas asks why we talk so much about the cartels in drugs and oil, but rarely about one of the largest cartels in the world: banking. He analyses recent (unacknowledged) history with the 2008 financial crisis, the corrupt revolving door with regulators, how kleptocracy is destroying democracy, and why Bitcoin matters as an exit when voice is no longer an option.
This talk is featured in The Internet of Money volume 3, which can be purchased in multiple languages in paperback, ebook, or audiobook: aantonop.io/tiomv3ebooks/
Chapters
00:00 Introduction
00:43 The Banking Cartel
03:01 Kleptocracy
06:22 When money stops working
07:50 Systems of power
11:21 Solutions to parasitic behavior
19:59 Bitcoin as a solution to parasitic behavior
22:16 Decentralization
23:22 Intermediaries
27:55 Disintermediation
30:35 Exiting the parasitical system
32:00 Parasitic Organizations
34:35 Fundamental architecture - Peer to peer
This talk took place on November 10th 2018 as part of the 'Internet of Money' tour at the Edmonds Center for the Arts near Seattle, Washington: antonopoulos.com/event/the-in...
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Bitcoin's Origins and the Genesis Blockade - • Bitcoin's Origins and ...
Why Open Blockchains Matter - • Why Open Blockchains M...
Decentralised Globalisation - • Decentralized Globaliz...
Investing in Education instead of Speculation - • Investing in Education...
Security vs. Complexity - • Security vs. Complexity
Beyond Price: Bitcoin's Impact on the Future - • Beyond Price: Bitcoin'...
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You can also learn from one of aantonop's many books about bitcoin, ethereum, and open blockchains. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter.
About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and KZbin) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
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Music: "Unbounded" by Orfan ( / orfan )
Outro Graphics: Phneep (www.phneep.com/)
Outro Art: Rock Barcellos (www.rockincomics.com.br/)
Join the aantonop Channel: aantonop.io/joinaantonopyt
#Bitcoin #BitcoinEducation #Cryptocurrency

[@stu7646]

"If you want to stop the parasite, you have to stop feeding it first." Absolutely amazing!

[@DeenMohammad1]

❤

[@geoms6263]

if you are not milionair in btc by now then you are .....

[@Surfer_Jay]

This is why AA is so brilliant!! This presentation could easily have been a prophecy that has 100% come to fruition in 2020!!! Listen to this man whenever possible!!

[@danconnor8422]

The best thing for everyone to do is keep asking their local cafe, restaurant and convenience store "do you accept bitcoin?". Keep spreading use and acceptance.

[@evalsoftserver]

The banking financial Criminal cartel will try to Assimilate Bitcoins to Bit Currency which they control

[@geoms6263]

you give your welth for a coffe.....jesus...

[@alexandercoenegrachts6452]

Most moving, powerful talk I’ve seen in ages. Thank you

[@NewZeroGames]

I've seen this video dozens of times. It's so inspiring it makes me emotional. Thank you Andreas.

[@cgaar]

Andreas at the top of his game! Chill bumps. Thank you!

[@donho526]

You said it man !

[@jediforbear]

That's the Andreas we like !

[@cityandsuburb]

Absolutely Kevin. He was frothing at the mouth...!!!!!

[@ernestolombardo5811]

Full of righteous fury, but everything he said he's said before. While I'll watch the whole damn thing, approve and enjoy, the Andreas I prefer now is the one that is in a smaller room full of geeks and he gets down and dirty with the technical details, less bombastic and more relaxed.

[@lukasjohmann172]

Ernesto I would like to see you speak infront of 300 exiteded people who have never seen you before, being completely relaxed...

[@jediforbear]

That's the point, when your freedom is at stake you are not relaxed and you have hatred against the ones who dare to try to enslave you. Being soft and technical is necessary but that's not the end goal. Satoshi made it very very clear in the first block, the goal of bitcoin is to get ride of bankster

[@ernestolombardo5811]

@​Lukas Johmann & @@jediforbear: It's clear to me that likely there are people in the audience who have never heard Andreas speak and a performance like this is like a bucket of cold water to wake up, so to speak, just what the doctor ordered for the human race. Understanding that banks/governments must lose their monopolies on money is clear to me entirely thanks to the spectacular eloquence of Andreas in similar talks previous to this one. It's a valuable message to revisit and of course I hope many people stumble onto this video and have a road to Damascus moment. "The goal of Bitcoin is to get rid of the bankster." - Which is why I love his talks where, for example, he explains why wallets need designers to work closely with the engineers building the code, and shares some suggestions on how to get your uncle and grandma to use the technology with no fear. "There's an end goal in twenty years!" is what you're saying, a very valuable thing. But this goes one precarious step at a time, so the next question is "Where are we, what's the next step and how can I participate?" There's also his Q&As on Ethereum, which I think are very important to try and begin to grasp, to understand little by little, the potential of that ecosystem.

[@Kent__the_Baker]

Watching March 2020 This talk is aging really well.

[@diogovitorino2613]

This video taught me more than 1 week of university classes. Thank you Andreas for sharing your knowledge! Bitcoin is changing the way people interact, save and do business. Exciting times ahead for cryptocurrencies

[@MathieuRousseau]

I've watch this 10 times in a row

[@purplepillow7843]

Crazy!

[@donwood8741]

It's like a religious experience.

[@SRTHOOLIGANX]

@Thomas Jefferson I was there when he was in front of the mirror practicing

[@geoms6263]

@MathieuRousseau you must to be a milionair by now.....are you?????If not then you are a big......

[@Daniel-mr3ys]

Brilliant, one of the best talks, it inspires you to change the world

[@TheTdancgirl]

@@TC-cv1dg troll

[@donho526]

Well said.

[@paulmontgomery9838]

so, duh, who's going to do it.

[@tokenizerdice8279]

@@paulmontgomery9838 it's the Bitcoin dude bruh...aka DL guy

[@williamboydsmith4773]

Andreas is the smartest person I have ever had the opportunity to listen too. This man will go down in history as a Socrates of our time. Its amazing to me how many things he has said have ultimately come true. Simply watch his really old videos...he predicts the future! its 2023 now and Smart phones are in everyone hand and YES I HAVE A BANK on my phone(MY BITCOIN WALLET) just like he said it would work!

[@dramatik5223]

Andreas keep sharing your knowledge with us because mainstream media wont tell us those facts. The only thing mainstream media and tv is here is to entertain us so we cant ask ourself whats wrong in this world

[@sanchitmehrotra8209]

Thank you Andreas. This talk is “gold” . Although we should start saying , this talk is “bitcoin” , instead now .

[@dsliving-dejansverko4516]

Amazing explanations!!!!!!!!!!!!!!

[@iand3028]

I've watched this 5 times and every time I learn something new. Thank you, thank you, thank you.

[@oilreg434]

This Speech is so awesome it should be translated in all Languages!, Thx Andreas

[@Viterdo]

What a Beast on the stage you are !! You manage to boil the blood of whoever listens. thanks for your wisdom !!

[@jamesfournier9450]

Man i just discovered you and you have literally BLOWN my mind! I understand the fundametal value of bitcoin.

[@andrewetomi5815]

I love you Andreas and I am very proud to be your student. Bravo 👏🏾. ANDREW ETOMI.

[@jpersan2175]

Absolutely amazing. You should be on radio, on TV, on magazines. Impressive speech. Año no paper to look at, just a brilliant mind. Thank you.

[@murkmerk3546]

The best speech I saw in years! Thank you Andreas!

[@kingdariusrocks]

Such a great keynote! Thanks for all you do for this space, Andreas.

[@morgan3896]

10,000,000 people kicked from their homes in 2008. Of those, 16,000 committed suicide.

[@albertreact04]

I've seen quite a few of Andreas's talks and other industry experts. This was by far my favorite, informative, discussion of them all. Thank you for sharing

[@dokidokidango1896]

This channel is severely underrated. Please continue doing what you do Andreas.

[@luisfreitas8337]

One of the best talks I've seen. Incredibly well spoken and written. Congratulations Andreas.

[@jeffreypaulgalbraith654]

a true leader and speaker... well done and thank you for every thing you contribute and teach as we need it!

[@tyebeach]

Andreas is a living legend

[@JamesFrederickstech]

This is one of my favorite talks from Andreas thus far and I've heard many. So powerful so enlightening so inspiring. Bravo.

[@joeyj854]

WONDERFUL speech, one of the best if not the best speech of our lovely Andreas

[@JonathanCr0ss]

That was an exceptional speech! Andreas Antonopolous' talks are always good, but this one somehow felt even more balanced, engaging and elegantly structured than usual.

[@Gary-lu4op]

WOW... What a great talk..!! Just fabulous, nice work brother.

[@garrettdantzler3549]

Smartest 36 mins I’ve ever taken the time to listen to and I listen to a lot of this man! 🙌🙌🙌❤️❤️❤️

[@arjunkavishwar9779]

We Love You AANTONOP ! Thanks for all such videos.

[@ryan3842]

I re-watch this video at least a few times every year. It's just stuck in my mind as such a good talk, great insight, highly informative yet also super entertaining. "The real-estate market had an oopsie" ........ "Oops! We fucked up the electoral system!" Lmao. Thanks Andreas for guiding me down the bitcoin rabbit hole all those years ago. I may never have understood it if it weren't for you.

[@CryptoCorda]

Just pure brilliance, feel genuinely lucky to be able to see this fantastic content!

[@nss490]

Just signed up on Patreon and will be donating $10USD every month. Thank you for what you do!

[@PhilipRhoadesP]

Wow! A great, powerful summary of the whole situation.

[@maxibma9301]

As an Argentinian Human I telling U, im in #crypto 'n I'm not leaving the space because of the price... Think, this is happening, right now.

[@garthsnyder6715]

​@@footbaleurproronaldo894 And you sir, sounds like you're kind of trolling for an answer to that loaded question of yours. Trollin' kinda hard

[@exmonarcagoodbye3296]

Yo no tengo trabajo...

[@JasonSkeie]

Thank you for sharing you're voice in this. I'm connect at the same level.

[@jaycee5549]

Can’t thank you enough for all your work Andreas!!!

[@arfarf152]

What a - much needed truthful beautiful rant. Thanks AA

[@keanu4791]

Really fantastic work. Andreas keeping it 💯 as always. One of the greats.

[@TheRedSonia]

I love this talk. I could listen to this over and over again forever.

[@janwanderer7660]

always impressed by your talks, very good one

[@Surfer_Jay]

The man.. The Legend at his very best! Thankyou Andreas 💪

[@MirrorAshes]

I thought I’d already had my “a-ha” moment with Bitcoin, but this made me think about it on a whole new scale. Incredible work.

[@DimitrisKaritzis]

Exceptional, as always.. thank you

[@rag98709]

This video needs more views. Andreas hits it out of the park with this one.

[@RealtorAmerica]

Thank you, i share your Amazing vídeos far and wide 🙏

[@SasduPlessis]

Very well put. Good explanation. Great work. Thanks

[@jamesagall]

The Nikola Tesla of our time. He’ll be shut down for his radical ideals making too much sense. #BTC is money.

[@monmalin]

J G If you like him you should search for Jacques Fresco in youtube. Have you seen the zeitgeist documentary? A mudt watch

[@parrotshootist3004]

No it is not money - but you have proven you have zero clues about what you are talking about. It is 'representative money', more by association with currency in use, which in turn is actually representative OF money. Unless you can prove that those bits and bytes have intrinsic value. I know you can't.

[@innerresonance6682]

@@parrotshootist3004 I could and hopefully soon I or others will have simple communication to make it clear to people like you who dont get it.

[@Sabineroseholton]

Always excellent talks ! Thank you

[@VaLisPeydal]

blows my mind each time

[@frankfranze5538]

❤ Thank you!❤ Andras! God Bless you!:)

[@tobychenderson]

Love all your KZbin videos. But from time to time, you pull some beauties out of the bag. This is one of them.

[@goodvibes9821]

noone says it better .. i love the way andreas breaks down everything for us to understand . great job .

[@lostre2583]

Great stuff Andreas i always enjoy your speeches

[@love_truth_freedom5296]

Andreas..... you my friend are a champion of the people! Keep it up champ! I’m sure I don’t only speak for myself when I say THANK YOU 🙏

[@Alexsh842]

Awesome and until today timeless speech Andreas!

[@MarcAndreRoussil]

Epic video, simply one of the best educator in the space.

[@Azsc2011]

Love this guy. Andres, you are a ray of sunshine on a rainy day.

[@YarikSychov]

Fast forward to 2022 and... Well, you were 100% spot on.

[@fusion9619]

This is literally the best speech I've ever heard.

[@heathergrahame9647]

Great talk. The change will happen. As you've said before ... slowly, slowly, then all of a sudden. From my perspective, the reason the system is not changing is because the majority of people still believe that for a society to function, it needs an authority to make the decisions and rules. With that illusion comes the belief that if there weren't rulers telling us what to do, that there would be chaos. Of course, you and I know that decentralisation means quite the opposite of chaos because in decentralisation, people act according to their inner moral beliefs, not the agenda of some corrupt outer authority. It will happen. I know it will.

[@ShivaInu42]

I love you. Please don't get assassinated

[@naturecollision]

he's already way too big to fail.

[@nicolasguarin3302]

One of the best speeches! Thank you for the inspiration.

[@romanb6810]

I love the video. He makes it so easy to understand high level fundamentals of cryptos. And he is funny too!

[@shwackthenoobsac]

Thank you for another amazing video and more priceless wisdom.

[@guntervandenbossche4188]

Great performance!! Keep the good work!

[@thegeneralist7527]

The best argument I've seen in favor of Bitcoin.

[@btc7998]

Powerful message Andreas.

[@jyarz]

Powerful - thank you 🙏🏻

[@jomofo42]

Great work!! Thank you!

[@Prawn47]

Great talk Andreas. Thank you

[@rickcea1223]

One of your best!!!

[@iskkarate]

Great talk once again!!

[@e-vd]

Fantastic speech! Spot on. 🙌🏻

[@Dajlec]

No words...this video is pure perfection. Every time I get a question why crypto I just send them this video. Andreas, thank you for everything...this should be mandatory schooling material.

[@kostasnikonor3770]

Very good video. Thanks.

[@Rebecca2394]

Just brilliant. This is gold.

[@rayprevailer8454]

Thank you. This was very informative.

[@alexanderworkchannel]

Great info - Thanks

[@tomhermens7698]

VERY GOOD indeed!! Sarcasm makes it clearer!!!

[@user-tn3jf1zi5q]

Thank you Andreas.

[@fotisvak5061]

Χαίρομαι ιδιαίτερα που παρακολουθούμε τον κορυφαίο σκεπτικιστή περί του νομισματικού συστήματος να διατυπώνει ορθολογική άποψη για την ανεπάρκεια του οικονομικού μοντέλου που φροντίσαμε "πρόχειρα και καταχρηστικά" να οικοδομηθεί ελαφρά τη καρδία.

[@ulathomas37]

fotisvak Ελπίζω πολλοί νέοι άνθρωποι στον Ελληνικό χώρο να δουν αυτό το βίντεο και να αρχίσουν τουλάχιστον να προφυλάσσονται από την σημερινή ύαινα που μαστίζει την ανθρωπότητα.

[@robyntownsend634]

Ah .... I really needed a dose of Andreas Antonopolous to keep me on track especially now with the price of Bitcoin nosediving. Whatever the Establishment (polite way of saying Cabal) is EXACTLY the opposite of what to do and to believe in. You are the best Andreas - the absolute BEST!

[@Gaaaaaamer]

Really glad I discovered this video.

[@donho526]

LOL. Andreas is back. He hit this one out of the ball park :-)

[@petermechkoff6989]

You are very very special. Everything you do and everything you say.

Great talk, thanks Andreas!

[@olupotdeogracious9192]

Excellent message thanks I have learnt micro and macro Economy from you be blessed

[@ArndBrugman]

This is such great stuff. A miracle you are able to say this and survive. I might have missed it, but what was the movie shown before this talk?

[@aantonop]

"Ulterior States" kzbin.info/www/bejne/r4KqgouvZbd8f9E

[@MrTno1TrickShot]

What a brilliant video.

[@junglejarred6366]

Excellent presentation thank you! Very precise. It was our own fault for watching football instead of asking questions

[@NoahHornberger]

thanks for such good and sensible information backed by logic and common sense

[@terapiabitcoin]

Impossible to explain better". Great speech Andreas

[@DecentralizedMoneyMkrs]

Great video

[@Mycryptospaceuk2127]

I am reading your books thank you so much!!!