Bitcoin Q&A: Where Can I Buy and Spend Bitcoin?
How do bitcoin ATMs work? How easy is it to spend bitcoin? Some will allow you to transfer both ones, but ATMs in most countries are often one-way "vending machines." Circulating bitcoin helps grow the economy. I get paid in bitcoin and I pay others in bitcoin. There are many things you can buy with bitcoin, including flights, hotels, and products on Amazon. Bitcoin is first and foremost the currency of the internet.
Watch the full talk here: • The Greatest Crypto Explanation Ever? Unde...
Chapters
0:00 I was actually surprised when last summer I went to Málaga, Spain, and in a shopping centre, there was an ATM machine. It said, "Get your Bitcoin here" or "Get your money here for Bitcoin". So what do they actually give you?
1:23 Where can you spend it? How can you get dirty old paper money with your bitcoin? There's a lot of banks that won't give you the old money for it.
2:13 A lot of people think of bitcoin as something you buy and then sell, or invest in, and that's the wrong way to think about it
This talk took place at the Internet Days ("Internetdagarna") conference during November 20-21st 2017 at the Waterfront Congress Centre in Stockholm, Sweden: https://antonopoulos.com/event/the-in...
RELATED:
How much bitcoin do you have? - • Bitcoin Q&A: How Much Bitcoin Do You Have?
Why I earn bitcoins instead of buying them - • Bitcoin Q&A: Why I Earn Bitcoin Instead of...
HODLing and the "get free" scheme - • Bitcoin Q&A: HODLing and the "Get Free" Sc...
The Switzerland of currencies - • Bitcoin Q&A: The Switzerland of Currencies
Price volatility, pegging, stability - • Bitcoin Q&A: Price Volatility, Pegging, St...
Price premiums and arbitrage - • Bitcoin Q&A: Price Premiums and Arbitrage
How long until mainstream adoption? - • Bitcoin Q&A: How Long Until Mainstream Ado...
Inspiring cryptocurrency projects - • Bitcoin Q&A: Inspiring Cryptocurrency Proj...
Hot vs. cold wallets - • Bitcoin Q&A: Hot vs. Cold Wallets
How do I secure my bitcoin? - • Bitcoin Q&A: How Do I Secure My Bitcoin?
Decentralization and the Architecture of Trust - • Decentralization and the Architecture of T...
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 / 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...
[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitc...
Subscribe to the channel to learn more about Bitcoin & open blockchains!
If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: / aantonop
Music: "Unbounded" by Orfan ( / orfan )
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Join the aantonop Channel: https://aantonop.io/joinaantonopyt