WTF is Bitcoin?! The Cryptocurrency & Blockchain Guide for Dinner Parties Maxim Beatty

Trained as an economist, Maxim Beatty approaches the subject from an aggregate demand Keynesian perspective. He's also a battle-hardened entrepreneur and investor, having founded then managed a successful video marketing agency in Shanghai, China for almost a decade, and been COO for a large ecommerce conglomerate in South East Asia. His real world experiences have fuelled many of his laissez-faire ideas in economics regarding international trade, labour markets and regulation.

Maxim first encountered blockchain technology in 2013, and stared writing on the subject for business publications. He was one of the organisers of the Shanghai Bitcoin Meetup and an early member of the Manila cryptocurrency community in the Philippines in the dark days of 2015. He also runs cryptocurrency educational workshops in Melbourne, and is currently focussed on developing next generation blockchain-based evidence verification software.

First and foremost, he is inspired by the potential of blockchain technology, and believes the never-before attempted economic experiment will fundamentally transform the world irreversibly. He is well aware of its imperfections and insists on an even-handed educational approach that doesn't ignore the technology's flaws.

Email him at mxmbt2@gmail.com or visit wtfisbitcoin.net.

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What does the near and long term future hold for cryptocurrency and blockchain? Have we opened a Pandora's Box from which there is no return? Or is the future brighter in the absence of the government control that facilitates their monopoly on violence?

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Okay, you now know all the theory and the history of cryptocurrency. How do you go about acquiring it? What should you NOT do? Here are all the nuts and bolts about buying, selling, exchanges and storage.. everything else you'll need to become the cryptocurrency expert.

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Although it may result in a Utopia for some gun-toting libertarians, it is important for everyone to recognise the challenges for society and law enforcement that cryptocurrencies and blockchains pose by facilitating unregulated gambling, prediction markets, bribery, illicit finance, and unregulatable social media. We are entering a Brave New World.

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This work contains the music track RW Smith - Dig Deep that is licensed under a Creative Commons Attribution license | Source: https://directory.audio/free-music/hip-hop-rap/5933-rw-smith-dig-deep | Author: RW Smith

How can blockchains be used in data management? Credential verification, intellectual property management, decentralised data storage and many other areas could all be impacted by the adoption of blockchain data structures.

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This work contains the music track RW Smith - Dig Deep that is licensed under a Creative Commons Attribution license | Source: https://directory.audio/free-music/hip-hop-rap/5933-rw-smith-dig-deep | Author: RW Smith

How can businesses use blockchains? Pharmaceuticals, supply chain management, stockmarkets, and real world asset tokenisation are just some of the areas that could benefit from the use of blockchains. Countless projects are already under development or in use.

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Listen to this episode on Youtube | https://youtu.be/JS8v_MPxU90 Audiobook Podcast Youtube Playlist | https://youtube.com/playlist?list=PL-cj8Q_B0xWFybnr3Z_DZlYzSy_hBDgbo

Feel free to support this work by liking, subscribing and leaving a comment on our podcast page, sharing on social media, or making a contribution on Patreon. https://www.patreon.com/maximbeatty

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This work contains the music track RW Smith - Dig Deep that is licensed under a Creative Commons Attribution license | Source: https://directory.audio/free-music/hip-hop-rap/5933-rw-smith-dig-deep | Author: RW Smith