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Bitcoin Q&A: Price premiums and arbitrage

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-talk-by-the-world-famous-andreas-antonopoulos-203132

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-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388

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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/)



  1. Rajan Rangarajan 12 January, 2018 at 17:35 Reply

    He is talking Global socialism. All over the world bitcoin is of same value . this is NOT possible since Milk does not cost the same in USA and India and Gas and Bread and neither one person is paid same amount for work/hr in USA and India.
    Bitcoin is only successful as a universal currency if the whole world is EQUAL.

  2. Numeris 12 January, 2018 at 17:35 Reply

    Great Video! Bitcoin is popping right now. But many people don't know the risks. And they don't get what it is and why its valued. Essentially, you want to hold onto it for a long time. Because there's too much volatility in the short term.

  3. Stevie Dee 12 January, 2018 at 17:35 Reply

    This is the same logic for gold and silver relative to fiat currencies. In my opinion. So Bitcoin is telling you something as is gold and silver again relative to fiat currencies

  4. michael gusovsky 12 January, 2018 at 17:35 Reply

    Brilliant talk!
    It's sad that the Indian people suffer under the arch-criminal modi and his war against "corruption" which in reality is a war against the common man who suffers and starves.
    To the gallows with modi, and may India advance and prosper once he is gone.

  5. Incremental Crypto 12 January, 2018 at 17:35 Reply

    Wow, what a clear and illustrative breakdown. It starts to make the other crytpo gains make more sense, money wants to change hands. In crypto land arbitrage happens fast creating value through trade. We can see the value harvested via temporary or long term drops in price, such opportunity for solutions.

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