21 January 2021 · 0 min read

The Crypto Airplane: Understanding Cryptocurrency Ownership

Does it matter if your crypto is on PayPal, a cryptocurrecy exchange, or if you own your own keys? Bitcoin educator and author of "Mastering Bitcoin" and "Mastering Ethereum" textbooks, Andreas M. Antonopoulos explains.

According to him, what might seem like small differences are actually significant, it's the difference between having a seat reservation and flying standby.

Video timestamps:

0:00 Introduction
1:11 Aviation and cryptocurrency
1:51 Different classes of ownership in cryptocurrencies
2:44 Big financial institutions that entered the cryptocurrency space
6:38 Business class
7:27 First class
8:43 People who had never flown on business and first class
11:07 Upgrading through skills/education
12:46 People who are going on a vacation and the people who predicted the flood
14:41 Aviation and cryptocurrency enthusiast
17:40 Standby
22:15 Always be prepared for a flood
23:23 Ownership in crypto has different levels
24:42 Get educated and help the people on the seats behind you

The talk was live-streamed on January 16, 2021.