How do we handle geographical arbitrage? Demonetisation and bitcoin price premiums in India. Arbitrage is the process of diminishing the difference in price in open markets. If differences in price emerge, they can be exploited for profit until the difference goes to zero. The problem is not bitcoin, the problem is currency controls. Bitcoin has no location as a global network, it was "in the US" to start with or "in India" to end with. What arbitrage activity tells you is not that bitcoin is worth $1200 here, but that rupees are discounted 20% against hard assets, including other national currencies.The market is sending you a signal. A currency that cannot move across borders is worth less.
This is part of a talk which took place at the JW Marriott Sahar (International Airport) on March 26th 2017 in Mumbai, India: https://www.townscript.com/e/bitcoin-...
RELATED:
Aadhaar and blockchain identities - https://youtu.be/GylSvJf53zI
Remittances & smuggling in Venezuela - https://youtu.be/RRXecXfWARw
Divisibility and deflationary monetary policy - https://youtu.be/xhLgxX_wU6E
Who determines the value of bitcoins? - https://youtu.be/DucvYCX1CVI
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 https://twitter.com/aantonop
Website: https://antonopoulos.com/
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.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Mon...
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...
[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitc...
Subscribe to the channel to learn more about Bitcoin & open blockchains!
Videography: Zebpay Bitcoin India
Music: "Unbounded" by Orfan ( https://www.facebook.com/Orfan/)
Outro Graphics: Phneep ( http://www.phneep.com/)
Outro Art: Rock Barcellos ( http://www.rockincomics.com.br/)
blockchain argentina Bitcoin Q&A: Price premiums and arbitrage | |
| 457 Likes | 457 Dislikes |
| 26,947 views views | 184K followers |
| Science & Technology Creative Commons Attribution licence (reuse allowed) YouTube Video Editor View attributions | Upload TimePublished on 18 May 2017 |
Related keywords
blockchain que es,bitcoin sv,ethereum price,andreas vesalius,antonopoulos christina md,andreas vollenweider,blockchain academy,antonopoulos libra,ethereum white paper,bitcoin cash price,blockchain technology,bitcoin chart,aantonop patreon,bitcoin atm near me,andreas christensen,http://blockchain.info,aantonop website,blockchain developer,ethereum price prediction,bitcoin calculator,antonopoulos funeral home,andreas katsulas,blockchain school mendoza,andreas antonopoulos,antonopoulos,antonopoulos broncos,aantonop github,ethereum value,bitcoin price,aantonop events,andreaschoice,bitcoin price prediction,blockchain explorer,antonopoulos legal group,antonopoulos moschofilero,aantonop loop,blockchain como funciona,antonopoulos wine,bitcoin price chart,antonopoulos twitter,aantonop video,bitcoin price today,ethereum vs bitcoin,ethereum foundation,andreas pietschmann,antonopoulos cardiology,aantonop wiki,bitcoin etf,bitcoin atm,andreas 25,aantonop email,blockchain wikipedia,ethereum price usd,ethereum mining,bitcoin to usd,antonopoulos joe rogan,blockchain definicion,blockchain curso,bitcoin mining,blockchain for dummies,blockchain stellar,ethereum to usd,ethereum 2.0,aantonop twitter,ethereum coin,bitcoin wallet,blockchain wallet,blockchain español,bitcoin value,blockchain traduccion,bitcoin halving,blockchain summit latam,antonopoulos vineyards,andreas hotel and spa,bitcoin cash,andreas athanasiou,antonopoulos moschofilero 2017,antonopoulos group,ethereum classic,antonopoulos bitcoin book,bitcoin stock,ethereum stock,ethereum halving,ethereum reddit,antonopoulos legal group llc,cryptocurrency aantonop,blockchain aplicaciones,antonopoulos meaning,andreas munzer,aantonop bitcoin,andreas gabalier,ethereum news,antonopoulos and associates,andreas wynn,ethereum classic news,andreas gursky,andreas fault,aantonop youtube,bitcoin news,antonopoulos books,andreas pizza,ethereum classic price,andreas lubitz,andreas keller,antonopoulos & virtel pc,andreas johnsson,bitcoin price usd,blockchain pdf,ethereum wallet,antonopoulos law firm,andreas moritz,ethereum predictions,
No comments:
Post a Comment