Intro to Bitcoin - Is it the most disruptive technology in the world?
I explain why crypto represents a brand new way of using money in the history of humanity. How does Bitcoin work? What makes it different?
Sections of the video:
0:00 Intro
0:36 History of Writing & Single-Entry
1:40 Double-Entry
2:50 Triple-Entry
5:33 Basic Idea: Public Ledger
6:28 Public Key Cryptography
8:19 Bitcoin Mining
Link to Part 2: https://youtu.be/dgfSzb3rG_U ("The Future of Bitcoin")
Resources
Ian Grigg's 2005 paper "Triple Entry Accounting"
https://iang.org/papers/triple_entry.html
Original Satoshi announcement of Bitcoin archived at:
https://www.metzdowd.com/piper....mail/cryptography/20
Original Bitcoin white paper:
https://bitcoin.org/bitcoin.pdf
Example Bitcoin address ("Alice"):
https://blockchain.coinmarketc....ap.com/address/bitco
Cryptocurrency prices:
https://coinmarketcap.com/
Interview with Trace Mayer:
https://youtu.be/UhV_yfj1558?t=1573
Podcast clip of Michael Saylor:
https://podclips.com/ct/ohOR1C
Interview with Warren Buffet:
https://youtu.be/d6yqrwOZVjY?t=36
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