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What is Bitcoin? Introductory video and current Bitcoin price.
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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.
London based Bitcoin businessman here. My business has set up a youtube channel dedicated to educating newcomers and experienced crypto enthusiasts alike. Check out our "what is bitcoin" video and leave some feedback! :)
Voiceover: Bitcoin is a new virtual currency system that's been gathering a lot of attention recently, and I thought I would do a series of videos where I really dive into the innards of bitcoin and explain how it works in detail, and my plan for this first video in this series is to describe some of those mechanics at a high level. Send Bitcoin from your computer, tablet, smart phone or other device, to anyone, anywhere in the world, day and night. Secure Strong cryptography Bitcoin verifies transactions with the same state-of-the-art encryption that is used in banking, military and government applications. Open Fully decentralized Bitcoin is open-source. A Nevada woman was indicted Thursday by a federal grand jury in Sacramento, accused of trying to hire a hit man on the Darkweb with $5,000 in bitcoin to kill her ex-husband. Kristy Lynn Felkins ... bitcoin is the new gold, and we see confirmation with the turmoil we see this morning. BITCOIN IS RALLYING ON PAR WITH GOLD. IF BITCOIN IS THE NEW GOLD AND IT CAPTURES 10% OF THE TOTAL MARKET CAP ... Now the current price of a bitcoin, the current value of a bitcoin in US dollars as of this video, is approximately US$100. per bitcoin. That number is fluctuating. This is a new currency, and there's going to be some fluctuation. But as people understand the currency better, the hope is that that fluctuation will decrease.
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