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 - Par... ("The Future of Bitcoin")
Resources
Ian Grigg's 2005 paper "Triple Entry Accounting"
iang.org/papers/triple_entry....
Original Satoshi announcement of Bitcoin archived at:
www.metzdowd.com/pipermail/cr...
Original Bitcoin white paper:
bitcoin.org/bitcoin.pdf
Example Bitcoin address ("Alice"):
blockchain.coinmarketcap.com/...
Cryptocurrency prices:
coinmarketcap.com/
Interview with Trace Mayer:
• BITCOIN: Once in a SPE...
Podcast clip of Michael Saylor:
podclips.com/ct/ohOR1C
Interview with Warren Buffet:
• Warren Buffett: 'I don...
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