Bitcoin: 5-Part Summary On What Bitcoin Is And Its Value
Here’s a simple, 60-second primer on Bitcoin - The
What is bitcoin? - CNNMoney
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
[uncensored-r/Bitcoin] Summary of what happened past months... It's all about speculation, speculation, speculation...
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[uncensored-r/Bitcoin] Deutsche Bank publishes short Dossier about Bitcoin. Summary: Disruptive technology with high cha...
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Bitcoin summary in this subreddit's sidebar is outdated
Bitcoin is the currency of the Internet. Really? Is that what it is? With Bitcoin, you can be your own bank. Booooring. Nicely summarised on http://theumlaut.com in one of their blogs: Bitcoin is a currency, a platform, a protocol, a network, an ethos. I think that is a lot closer to what Bitcoin is than saying 'it's the currency of the internet'. So 2011. What are your thoughts?
[uncensored-r/Bitcoin] Summary of my morning today: Kraken Error 502
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[uncensored-r/Bitcoin] Summary of Events, Bitcoin vs. Bitcoin Cash
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[uncensored-r/Bitcoin] Summary of events, Bitcoin vs. Bitcoin Cash
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[uncensored-r/Bitcoin] Summary of the Bitcoin Cash fork
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Help with a bitcoin summary "for dummies" from an industry blogger.
Guys - would love some feedback on the below summary that I send to all of my new "daily bit" subscribers. For context, I'm an entrepreneur and former VC making the business case for how bitcoin will move from speculative investment vehicle to mainstream utility. (There aren't many like me.) I understand bitcoin conceptually, but I can always improve how I summarize it. Please grade me for the summary below and help me make this summary clearer...keeping in mind that the audience is business readers. (And if you would like to subscribe - shoot me a note to [email protected]) Thanks!!! A primer on Bitcoin... Bitcoin is a decentralized digital currency and open-source technology platform that helps people and businesses exchange money simply and securely at virtually no cost. The genius behind Bitcoin (the technology/protocol is capitalized while the currency is lowercase) lies in the fact that it dis-intermediates financial institutions and central banks from commercial transactions and the management of the money supply. As a result, Bitcoin has the potential to eliminate a large chunk of the 2-3% financial intermediary "tax" that hangs over the global economy. Bitcoins are both a good store of value (because their purchasing power isn't diminished by inflation) and excellent payment system (because transactions are settled instantly and for 95% less cost than through other existing methods). The bitcoin currency and Bitcoin protocol were released simultaneously by a (group of) pseudonymous author(s), Satoshi Nakamoto, in January 2009. The technology combines innovations in computer science, cryptography and economics to create a secure method of completing and verifying financial transactions, which may only be verified through a peer-to-peer network (similar to file-sharing technology like BitTorrent) and single universal public ledger (the "transaction block chain"). Every single bitcoin transaction that has ever been made (and that will ever be made) is added to this ledger and must be publicly verified by the massive Bitcoin network. The integrity of the entire system is kept intact thanks to this network of hackers/computers who expend time, energy and computing power to correctly process batches ("blocks") of transactions to the public ledger. The system is nearly impossible to game due to the way that cryptography works, as long as there are more good actors than bad in the system. Given that this is a decentralized, largely libertarian community whose collective computing power dwarfs that of any central authority, most people are comfortable with the system’s integrity. (The Chinese and U.S. governments could throw all of their collective computing power behind Bitcoin, and still represent a mere fraction of the network.) And because Bitcoin is an open-source protocol whose entire transaction history is 100% public (though encrypted) and verifiable, the community can make fixes and upgrades to the underlying technology and trace transactions all the way back to the beginning of Bitcoin (“the genesis block”).
Bitcoin mining continues to expand worldwide as one of today's key businesses. This time, we present a summary of the most important events in this area Although many expected many Bitcoin miners to drop out following the recent Halving’s reduction of their profits, in reality, Bitcoin’s mining difficulty spiked by nearly 15% recently. Difficulty is a measure of how much hashpower is dedicated to Bitcoin. This is the biggest Difficulty increase in over 2 years. Nomura, the nearly 100-year-old Japanese […] Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction. Bitcoin In The 20's | Bitcoin2020s.com The Future of Bitcoin is Now! Discover the bitcoin hash addresses summary, block found time, difficulty, block size, block transactions and much more. Bitcoin.org is a community funded project, donations are appreciated and used to improve the website. This is just a short summary of Bitcoin. If you want to learn more of the details, you can read the original paper that describes its design, the developer documentation, or explore the Bitcoin wiki. Support Bitcoin.org: Donate.
Close. This video is unavailable. Baffled by bitcoin? Confused by the concept of crypto-currencies? Well, fear no more. In 190 seconds we explain what bitcoin actually is, where the idea came from and the impact it's having around ... 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... Summary of making money with bitcoin: Thank you for watching. Please subscribe to my YT channel for future updates. If this video was any help, please give it a 'Thumps Up'. Thanks. Video Outline: (00:00:00) - Wikiaudia Channel Intro (00:00:12) - 2020 Twitter bitcoin scam (00:00:14) - Summary Follow our Socials! Wikiaudia Instagram: http...