What’s Bitcoin? An entertaining non-technical explainer on what bitcoin is and why it issues.

Andreas M. Antonopoulos is a technologist who has turn into one of the crucial well-known, trusted, beloved, and revered figures in bitcoin. On this quick, “TED model” speak, Andreas delivers an introduction to bitcoin for a basic non-technical viewers. Delivered in Athens in November of 2013, this is without doubt one of the most shared bitcoin movies, it outlines a simple technique to perceive bitcoin and likewise clarify bitcoin to anybody.

CORRECTION: At 2:25, I speak about a bitcoin transaction value $150 million on the time, which was made on November twenty second 2013. Whereas it’s true that it was despatched with zero charges, it seems to have been a consolidation of a number of bitcoin addresses:

At 3:25, I stated that Byzantine Generals Drawback was first posited in 1975. Nevertheless, the primary paper utilizing the time period was printed in 1982, written by Leslie Lamport, Robert Shostak, and Marshall Pease:

0:00 Introduction
1:09 What’s bitcoin?
2:07 Bitcoin is digital cash
2:56 Satoshi Nakamoto
3:55 The decentralized community
5:29 Ignore the value and perceive the know-how
6:39 Why bitcoin is vital
8:39 How are you going to use bitcoin right now?
11:14 Let’s look again on the web and see what classes we might find out about why bitcoin is vital
13:30 We’re nonetheless on the early levels
14:27 Disruptive know-how
17:10 Cryptographic forex
18:41 Bitcoin is programmable cash
19:30 The web of cash

Andreas is beloved by the group as a result of he gives a novel perspective on these applied sciences. He seems to be at bitcoin not solely as a know-how but additionally as a instrument for social, political, and systemic modifications. His unbiased, non-corporate, entertaining but trustworthy talks present a very distinctive technique to view bitcoin and open blockchain applied sciences.

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FREE Intro to Bitcoin & Open Blockchains to get you began. You may as well be taught from certainly one of his many books. Andreas has written three technical books for builders about blockchain know-how, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Community (2021) printed by O’Reilly Media. He’s additionally written The Web of Cash Sequence books, which clarify why bitcoin, ethereum, and open blockchains matter.

About aantonop: Andreas is not selling an organization or a corporation; he is paid by the group (individuals who assist this work on Patreon and YouTube) and gives an unbiased have a look at open blockchain applied sciences, what they will do for our societies, and get entangled (in case you resolve you need to). Study extra at

From Andreas: Chances are you’ll already know that my mission is to teach as many individuals as doable about #Bitcoin and open blockchain applied sciences. Watching these movies and sharing them with others is an enormous a part of that. Thanks for being a part of this mission.

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Translations of THE INTERNET OF MONEY:
Spanish, ‘Web del Dinero’ (v1) –
French, ‘L’web de l’argent’ (v1) –
Russian, ‘Интернет денег’ (v1) –
Vietnamese, ‘Web Của Tiền Tệ’ (v1) –

Thanks for watching!

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