In this brief talk entitled, Worse Than Useless, (at a conference in Latvia, November 2017), Andreas makes a connection between medical pseudoscience and modern financial totalitarian surveillance, as practiced by banks and state intelligence agencies. A renowned expert in the peer-to-peer network of bitcoin, he explores the hidden externalities and moral hazards inherent in KYC/AML policies, disconnecting whole countries and even continents from the world economy. Why is it common sense that money laundering is the fundamental business of fully-licensed, regulated banks? Who really runs what is known as “the dark net”?
Andreas Antonopolous is the author of two books: Mastering Bitcoin, published by O’Reilly Media and considered the best technical guide to bitcoin; and, The Internet of Money, a book about why bitcoin matters. Gratitude to Andreas for sharing this lecture on youtube at his channel where you may choose to learn more about Bitcoin & open blockchains.