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Matt Explains: Bitcoin
Manage episode 455952103 series 3614766
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Ever wanted a simple and non-technical explanation of what, exactly, Bitcoin is and why it's gotten so much attention? Then this is the episode for you!
Matt explains why Bitcoin exists and how it works in non-technical terms that anyone can easily understand.
01:26 The Birth of Bitcoin
02:36 Understanding Bitcoin and Blockchain
06:20 Bitcoin Mining Explained
11:57 The Nature of Money
14:10 The US Dollar and Its Challenges
21:13 Gold as a Store of Value
23:00 Why Bitcoin?
24:49 Bitcoin's Value and Security
26:26 Challenges and Risks of Bitcoin
27:52 Using Bitcoin and Centralized Services
30:28 Conclusion
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