Published On Premiered Jul 19, 2021
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: • Intro to Bitcoin - Part 2 - The Futur... ("The Future of Bitcoin")
Resources
Ian Grigg's 2005 paper "Triple Entry Accounting"
https://iang.org/papers/triple_entry....
Original Satoshi announcement of Bitcoin archived at:
https://www.metzdowd.com/pipermail/cr...
Original Bitcoin white paper:
https://bitcoin.org/bitcoin.pdf
Example Bitcoin address ("Alice"):
https://blockchain.coinmarketcap.com/...
Cryptocurrency prices:
https://coinmarketcap.com/
Interview with Trace Mayer:
• BITCOIN: Once in a SPECIES Opportunit...
Podcast clip of Michael Saylor:
https://podclips.com/ct/ohOR1C
Interview with Warren Buffet:
• Warren Buffett: 'I don't own any cryp...