Part 11/13:
Regarding regulation, Antonopoulos distinguished between custodial and non-custodial systems, advocating for nuanced, informed policies. He argued that reconciling regulation with decentralization is crucial—regulating exchanges but not the protocol itself. Overbearing regulation, he warned, would drive innovation away, reducing Australia’s potential to become a regional hub for blockchain startups.
Encouraging Innovation and Community
He expressed confidence in the organic, exponential spread of Bitcoin knowledge—highlighting how current advocates learned about Bitcoin through word-of-mouth and personal exploration. Antonopoulos encouraged the community to continue demonstrating Bitcoin’s utility in everyday transactions, especially in regions where traditional banking is unreliable.