11 Top Responses from Andreas Antonopoulos’ Reddit AMA

Tom Sharkey
Jan 17, 2015 at 18:02 UTC
Updated Jan 18, 2015 at 12:32 UTC

It’s no secret that social networking website Reddit is a hub for many in the bitcoin community.

While some bitcoiners may stick strictly to the r/bitcoin subreddit, there’s another part of Reddit that has become famous in its own right: ‘Ask Me Anything’ (AMA) threads.

AMAs are great opportunities for anyone with an interesting story – ranging from Barack Obama to Bill Gates – to field questions from the community of redditors and provide candid responses that often can’t be found in the traditional press release culture of mainstream media.

A number of prominent figures in the bitcoin industry have already done AMAs: Gavin Andresen, Jeff Garzik, Patrick Murck, and now another big name can be added to that list – Andreas Antonopoulos.

Antonopoulos is widely regarded as a trusted voice in the industry, and as such he recently authored a new book ‘Mastering Bitcoin,’ which was published last month by O’Reilly Media.

To promote the book, Antonopoulos took to Reddit as the latest influencer in bitcoin to host an AMA. Here are the top 11 responses:

On bitcoin’s scalability:

scalability

On favoring bitcoin over altcoins:

bitcoin not altcoins

On the cause of bitcoin’s recent price drop:

Screen Shot 2015-01-17 at 12.48.25 PM

On why ‘average’ people should use bitcoin:

Screen Shot 2015-01-17 at 12.48.40 PM

On where he sees bitcoin in one year:

Screen Shot 2015-01-17 at 12.52.39 PM

On the centralization of mining:

Screen Shot 2015-01-17 at 12.53.01 PM

On non-user friendly bitcoin addresses:

Screen Shot 2015-01-17 at 12.53.35 PM

On non-reversible charges:

Screen Shot 2015-01-17 at 12.53.49 PM

On bitcoin’s volatility:

Screen Shot 2015-01-17 at 12.54.11 PM

On VC investments in bitcoin in 2015:

Screen Shot 2015-01-17 at 12.54.28 PM

On the first (and last) thing he bought with bitcoin:

first thing bought

Featured image via Tom Sharkey for CoinDesk; Screenshots via Reddit