Bitcoin Q&A: Inflation and debt systems

How do you see the roles of debt and inflation changing in society with the advent of cryptocurrencies? Does Bitcoin have the best monetary policy? Bitcoin and many other cryptocurrencies are not debt instruments, whereas most of the popular, state-run forms of currency today are. You can't do fractional reserve banking or issue debt with bitcoin. Airdrops / fork coins are a form of supply inflation. How do you explain the different approaches to cryptocurrencies from China and Japan? The first question is from the patron-only live Q&A which took place on January 27th 2018. The second question is from the first monthly live Patreon Q&A session on November 27th, 2017. The third question is from the patron-only live Q&A which took place on February 24th 2018. 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/aantonop RELATED: The 21 million supply cap - https://youtu.be/AABkJ55Zz3A The Killer App: Engineering the Properties of Money - https://youtu.be/MxIrc1rxhyI The Stories We Tell About Money - https://youtu.be/ONvg9SbauMg The Currency Wars and Bitcoin's Neutrality - https://youtu.be/Bu5Mtvy97-4 Fake News, Fake Money - https://youtu.be/i_wOEL6dprg The Switzerland of currencies - https://youtu.be/pV83Qmy578c Geopolitics and state-sponsored attacks - https://youtu.be/htxPRTJLK-k Borderless money - https://youtu.be/EZh1-ZqffOw Price volatility, pegging, stability - https://youtu.be/9KPyflyHP6s Divisibility and deflationary monetary policy - https://youtu.be/xhLgxX_wU6E What happens to our bitcoins during a hard fork? - https://youtu.be/sNR76fWd7-0 Hyperbitcoinization - https://youtu.be/AB5MU5fXKfo Separation of money and state - https://youtu.be/jGmtRA9S7_Y A voluntary alternative to mandatory currencies - https://youtu.be/5ogv3Eya9nQ Global financial crisis - https://youtu.be/JU3gNC_ZPKM Fungibility, privacy, anonymity - https://youtu.be/y3s8c7YDtXU We all started as critics - https://youtu.be/-jvefuVRwYA 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 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-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8 [NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8 MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 [NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388 Subscribe to the channel to learn more about Bitcoin & open blockchains! Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)