What is Bitcoin? (“I don't even know what to ask”)





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Published on Nov 29, 2017

Subtitles recommended! I mumble. Full writeup + moar resources on https://spmx.ca/btc.
0:00:40 Introduction: "I don't even know what to ask"
0:02:10 Centralized, distributed, and decentralized social networks
0:08:30 Defining bitcoin
0:10:36 The blockchain
0:13:08 Mining and forks
0:34:49 (& 0:09:00) Altcoins
0:38:46 Ethereum, smart contracts and the DAO hack
0:53:14 Social network coins (Steemit, LBRY, Yours, Synereo)
1:10:06 Guessing crypto values
1:18:00 Trading crypto on an exchange
1:24:36 Additional resources
1:30:00 Q&A

00:04:13 How much money does Facebook generate per user profile?
00:21:58 Who is Satoshi Nakamoto?
00:23:39 How are bitcoins made?
00:25:02 How many bitcoins are there (and what is a satoshi)?
00:27:43 Can you summarize this entire talk in under a minute?
00:39:00 What are smart contracts?
00:39:55 How could they be used?
00:44:09 What about taxes?
00:53:39 Hey, show me Steemit again! I want to get paid for my opinions too!
00:57:49 What’s an ICO?
00:59:48 And LBRY! Show me LBRY so I can stop applying to Hollywood.
01:03:04 But what about the Darknet and the crime Bitcoin facilitates?
01:05:02 I feel that investing my life's savings in crypto is probably smart. How do I do this?
01:21:45 Okay, I get it, I shouldn’t be dumb with my money. But I still want to get some: where?!
01:24:36 I want to learn more! Where should I start?
01:28:15 DCTRL beer machine (in person: https://www.meetup.com/dctrlvan)
01:29:57 I want to love Sterky too (https://youtube.com/channel/UCpfB0lyo...)
01:31:44 Wait a sec, but I thought bitcoins were actual physical coins like Forbes shows?
01:35:48 Alright, cool… but what can I actually buy with Bitcoin, like right now?

₿: 1JqR5kgY4iRy9J5JhbHTBPQumpoxKKDa5A
Ξ: 0x7f74e60e7f42825e31bdbe756e52a8300ba279ef
Every ₿it counts ❤



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