Introduction to Bitcoin: what is bitcoin and why does it matter? [OAS0rS1K-7a]

Introduction to Bitcoin: what is bitcoin and why does it matter? [OAS0rS1K-7a]

| 1h 28m 28s | Video has closed captioning.

Andreas is one of the most trusted and entertaining educators in the bitcoin industry. He's known for his unbiased, honest, easy to understand explanations of complex things - like bitcoin itself. Watch this video to learn what bitcoin is, why it's different from current systems you already know (like banking), and how it might affect all of us in the future. At the end there are some great questions, ones you've probably already asked or will be asking. This talk is featured in The Internet of Money volume 2, which can be purchased in multiple languages in paperback, ebook, or audiobook: Chapters 0:00 Introduction and Mention of "The Internet of Money" book 0:15 Audience Poll: How many of you have used a digital currency like Bitcoin at least once? 1:02 Bitcoin is best demonstrated and experienced 1:39 Forget everything you've heard about bitcoin and blockchain 3:48 The reason bitcoin is so fascinating 4:00 Bitcoin isn't money, the blockchain isn't a system of currency 5:38 Innovations in money over time 6:13 Bitcoin is a platform of trust, where currency is an application 7:30 Bitcoin is the first completely decentralized system of money, what does that mean? 8:27 Moving from institution-based money to network-based money 10:05 The upcoming innovation explosion 10:56 Bitcoin can be owned by non-persons 12:06 Bitcoin and blockchain technology unifies systems of money 13:30 Prediction: 10's of thousands, 100's of thousands of coins to come 16:38 Banking and innovation vs bitcoin and innovation 21:12 It's not ready yet, bitcoin is complex but it's getting more accessible 22:35 Do not underestimate bitcoin 25:01 Q&A begins 25:10 What determines the buying power of bitcoin? How does it stabilize, what's required to stabilize the price of bitcoin? Who can manipulate the value of bitcoin? 28:04 What about hacks? Can you reflect on the dark side of bitcoin that might affect our trust in this new network? 32:28 Where does the supply of bitcoin come from? How can you be sure the bitcoin market doesn't get oversupplied? 35:00 What advice do you have for non-financial companies that want to experiment with blockchains? To learn more visit my website and sign up for a FREE Introduction to Bitcoin and Open Blockchains workshop where I'll teach you more about how to get bitcoin, why the price is different on different exchanges, and much more. You can also earn a certificate of completion! This talk was presented at the Singularity University's Innovation Partnership Program (IPP), it was intended to be an entry level talk about bitcoin. RELATED: Bitcoin for Beginners - Blockchain for Beginners - Bitcoin: Where the Laws of Mathematics Prevail - The Stories We Tell About Money - The Lion and the Shark: Divergent Evolution in Cryptocurrency - SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: JOIN this YouTube channel to become a YouTube Community Member and access custom emojis and other perks: BECOME a Community Builder: About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission. ***Learn More From Andreas’ Workshops, Books & Events** Amazon & Kindle: Audible: E-books & Merch: Patreon: Website: Workshops: ***Connect with Andreas on Socials*** Facebook: Instagram: LinkedIn: Twitter: Music: "Unbounded" by Orfan (Outro Graphics: Phneep (Outro Art: Rock Barcellos ( Thanks for watching! #bitcoin #cryptocurrency #andreasmantonopoulos #foro bitcoins #bitcoin long zertifikat #bitcoin über paypal kaufen #bitcoin ing