Why the Banks Won’t Be Able to Out-Innovate Bitcoin

By Andreas Antonopoulos

Andreas Antonopoulos gave a talk on January 27th 2015 at the O’Reilly Radar Summit “Bitcoin and the Blockchain” in San Francisco, CA. He speaks about bitcoin, network architecture, decentralization, innovation, and the economics of open systems. Specifically, he explains why banks can’t innovate their centralized networks fast enough to compete with Bitcoin’s decentralized model. Watch Q & A at the end for his take on government regulations.


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