For an updated version of this video visit:
Bitcoin is the first decentralized digital currency. All Bitcoin transactions are documented on a virtual ledger called the blockchain, which is accessible for everyone to see.
Bitcoin gives you complete control over your money, unlike other assets you own which are regulated by banks and governments. As bitcoin gains more popularity, more and more places accept it as a payment method.
That’s Bitcoin in a nutshell, for a detailed explanation watch the complete video, here’s what I’ll cover:
0:51 – What is money?
2:13 – Fiat money
3:05 – Digital money
3:40 – Bitcoin’s whitepaper
4:47 – Bitcoin’s public ledger (the blockchain)
6:12 – Why is Bitcoin important?
7:36 – Who accepts Bitcoin
8:11 – Conclusion
For the complete text guide visit:
http://bit.ly/2Db3ICS
Join our 7-day Bitcoin crash course absolutely free:
http://bit.ly/2pB4X5B
Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel:
http://bit.ly/2BVbxeF
Get the latest news and prices on your phone:
iOS – https://apple.co/2yf02LJ
Android – http://bit.ly/2NrMVw2
See anything we haven’t covered? Leave us a comment in the comment section below
