Bitcoin Q&A: How Long Until Mainstream Adoption?

How long until mainstream adoption? Previous revolutions in money. In the mid 90s, you still couldn't pay with a credit card in many places. I predict it will take 15-20 years for mainstream adoption of Bitcoin. We are in a race because governments around the world are trying to ban cash and force us to adopt a different sort of digital currency with complete surveillance, where they can flip and switch and you will no longer exist as a person if you doing anything they consider radical. Adoption patterns and the Gini coefficient. The ownership of Bitcoin is not as diverse as it should be, primarily because of the way it grew. But people who got in early and took the risk have been enormously rewarded; no one's coming to bail out Bitcoin.

Chapters
0:00 How long until mainstream adoption?
0:25 Gold to bits of paper adoption
0:44 Credit card adoption
1:36 Bitcoin adoption
1:56 We are in a race because governments around the world wants to ban cash and take us into a different digital currency system.
2:41 Bitcoin rises in value because it is adopted
3:16 Do you think it's going to be unbalanced?
4:18 All of us who are invested in bitcoin is running an enormous risk

This talk took place on December 6th, 2016, at the Bitcoin Cologne meetup in Köln, Germany: https://www.meetup.com/Bitcoin-Cologne/events/232687726/

Watch the full talk here: https://youtu.be/Rrj8sjHJthU

RELATED:
Measuring Success: Price or Principle - https://youtu.be/mPMsbgWl9p4
Crossing the chasm of theoretical vs. real need - https://youtu.be/yIR0OBEAaUE
Why mainstream adoption will be neither gradual nor radical - https://youtu.be/4COw6K-qrK8
How will Bitcoin be adopted by developing markets? - https://youtu.be/zC_k1XQhBMg
What are the challenges to Bitcoin achieving mass-adoption? - https://youtu.be/f0wAh6_HEbo
When will Bitcoin see mass-adoption? - Internet Diversification - https://youtu.be/L0AcZUc1O-I
Remittances and smuggling in Venezuela - https://youtu.be/RRXecXfWARw

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 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.

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MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9

Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/

THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs

THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ

Translations of THE INTERNET OF MONEY:
Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq
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 (Q4): https://amzn.to/2xdxmlK

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/)
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