You want to understand Bitcoin, its implications on the world, and gain more financial self-sovereignty and freedom? Anita Posch, author of (L)earn Bitcoin, Founder of “Bitcoin for Fairness” and Bitcoin educator, takes you on a journey to understand the far reaching effects that this technology will have as it is enforcing human rights all around the world. From interviews with the builders of Bitcoin to guides and tutorials around self-custody and privacy. The Anita Posch Show breaks it all down in an understandable manner.
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episode 4: Blockchain and Data Privacy with Lawyer Prof. Nikolaus Forgó
Prof. Dr. Nikolaus Forgó is the Head of the Department of Innovation and Digitalisation in Law at the University of Vienna in Austria. We are talking about the implications of GDPR on Blockchains. What should Blockchain developers do? Where can data protection law be a problem? What are the most important regulations you should invest your 2 minutes of time on.
Interdisciplinarity is always very popular and it’s very hard to live. – Prof. Dr. Nikolaus Forgó
I don’t trust anybody predicting the future. – Prof. Dr. Nikolaus Forgó
The importance of nation states is decreasing. – Prof. Dr. Nikolaus Forgó
As long as the volatility problem is not solved I do not think that the average enduser will use Bitcoin for day-to-day payments. – Prof. Dr. Nikolaus Forgó
The huge potential is that the banks and trustees might not longer be needed. – Prof. Dr. Nikolaus Forgó
My interest at the moment is in how far the whole ecosystem can be replaced by blockchain technologies no longer needing trustees. – Prof. Dr. Nikolaus Forgó
Take data protection serious, but not too serious. – Prof. Dr. Nikolaus Forgó
Law is always late when it comes to technolgical developments including blockchain. If you simply read GDPR you will see quickly that this is not really practical on the average blockchain. It’s a constant challenge to try to adapt those outdated legal instruments on newly approaching phenomenons. – Prof. Dr. Nikolaus Forgó
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