Bitcoin for Beginners

This is the first part of a talk which took place on February 22nd 2017 at the inaugural Bloktex Conference pre-event, hosted at Technology Park in Kuala Lumpur, Malaysia:

A collection of my talks on Bitcoin –
A collection of Q&A on various topics in Bitcoin –

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

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.

Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!


Translations of MASTERING BITCOIN:



Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) –
French, ‘L’internet de l’argent’ (v1) –
Russian, ‘Интернет денег’ (v1) –
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) –


Bloktex Videographer: Takeem Videography
Music: “Unbounded” by Orfan (
Outro Graphics: Phneep (
Outro Art: Rock Barcellos (


  1. Andreas in this video you look a bit like me. well i'm from the south of italy so Greek genes are not that far away lol

  2. Rob All bitcoin crypto and entertainment

    Thanks for overview in ways we can Understand

  3. 85 dislikes from the rothschilds

  4. Is it possible that two miners might complete a " proof of work " simultaneously ? If so who gets rewarded the "coin" ?

  5. Justin aaq Long

    Andreas, l have a copay on my device android, l written down the 12 words, but no number of private key?

  6. I'm very pleased to discover this video: Andreas had been in Malaysia before! Unfortunately at that time 15 months ago, I didn't know who he was. And I had yet to be involved in Bitcoin or cryptocurrencies. That would come three months later when I discovered how to buy my first (fraction of) BTC with Ringgit from Luno, transferring it to the Jaxx wallet and changing to other cryptos via ShapeShift. Then I discovered Bittrex. Was fascinated by how I could register with a US company and trade using BTC. That convinced me cryptos will be a significant alternative to fiat for various things in the coming years.

  7. The man, the myth, the legend: Andreas Antonopoulos!

  8. Why is it that u can buy bit coins with currency, but can't but currency with Bit Coins. This is just a con traders game and will fail. Any way credit cards are already used as cryptoexchange. Bunch of exchange crap.

  9. Always have the “nuggets” …. Great presentation Andreas 👌👍

  10. Jacqueline Payne

    The trouble with most Bitcoin lectures is that they are either passionately for or against. Neither side can satisfy my need for objective information showing the pros and cons. Also I find the concept of robots (non-humans) trading in Bitcoin rather creepy, they already have caused uncontrolled sell-offs and other glitches that have hurt people. Why is this a good idea?

  11. Luwangamba Thounaojam


  12. Hey, mis disculpas, pero creo que te di el link equivocado…, por eso es mejor si lo buscas por su nombre: Dario Esdruani. Trata con Google, que se yo… Y para responder, si, pude ver un retorno de 5X en mi inversión, no solo Bitcoin, también ENG, VIA y otras alts, pero siempre cambian, lo básico que necesitas es gratis, un abrazo!


    he is the best crypto currency speaker on this planet 😉 love it!


  15. Descentralized means ( orbiting around the earth with no connection ) great for bitcoin, but a crypto world that is totally imposible to regulate, because it lives in space, it is doomed to stay there, in a non country space.
    The crypto world today is nothing more than an outer space las vegas, that has quit its connections to earth .Because there is no way to rule in space, then is no way of being legit. No matter how hard governments try to regulate it. They can regulate the airports that take you in and out of that space but nothing more.
    Crypto world would be left there by governments , and it would orbit into the oblivion. Forever
    Descentralize= no country= no rules= no contracts= no warranty.
    Good for bitcoin ? Yes, as a store if value alternative to the ones in earth .but converting to dollars will always be require to be inside the law.
    Your friend accepted bitcoins ? Nice. your company accepted bitcoins? Why the need?, if bitcoin is measured in dollars , the companies need regulated money.= dollars.

  16. This guy explains how futurisc bitcoin is
    But when you can print crypto dollars (stable coins with no backing in dollars) to buy bitcoins, bitcoin technology would still be amazing, but the price will be tottally corrupted.
    Stop believing in a magical world and do a research of how the price of bitcoin is being manipulated by this scams
    “ Basecoin”
    “Descentralize capital”
    “Jibrel Network”

  17. I believe you should be free to pick the currency you want to use. Why not have many?

  18. Espirito Furtado

    a key question going in my mind when i saw the video is, if it is going to replace money then why do we have to pay money to purchase bitcoin. why the other person or anybody needs that money for.. i should be earning this bitcoin for my services or products to earn bitcoins to start with and then transact to buy other things… very tricky

  19. Every time i need a confidence boost in my bitcoin startup i come here! Never disappoint! Thanks!!

  20. Maybe this will sound like nonsense, but here are my thoughts about thi: The implicit philosophy of the government is that it is not legal to own anything without the government knowing about it. When you stop to think, not about the explicit law, but about the implicit philosophy directing the various things they make the citizens go through, this is what is at the core.
    That the citizen is here to be regulated by the government and that it is reasonable and normal for the relationship to be like that.

    And so, it is only a matter of time before they catch on to HOW exactly they will try to regulate the use of Bitcoin (and/ or the internet), because they have the power, and to combat that power you need philosophical and moral clarity; technology won't be enough…

  21. Thank you for the knowledge and spreading it selflessly!

Leave a Reply

Your email address will not be published. Required fields are marked *