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“Bitcoin is not smooth jazz,“ says Andreas M Antonopoulos, an entrepreneur, author and cryptocurrency expert. “Bitcoin is punk rock.“ That means you can’t control it, centralise it, turn its disruptive elements into something palatable for an executive board room... or rename it ’blockchain’ to make it more palatable for mass adoption. “Bitcoin is not just a minor incremental change, it’s not a payments network. Bitcoin is one of the most fundamental transformations on the basis of money,“ he said. So why is it still so misunderstood? Antonopoulos told the audience at WIRED Money 2015 part of the reason is that its implications are changing all the time. His 300-page book ’Mastering Bitcoin’ has to be updated every three months to avoid becoming totally obsolete, he said.
