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How Bitcoin Works in 5 Minutes (Technical)
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5 July 2017, 06:05
Yeah, it makes it very clear that this is most likely a Wall Street /bankster backed plan to move us off fiat currency and into digital fiat currency. Thanks for taking the time.
5 July 2017, 05:41
that's one expensive lawnmower
5 July 2017, 05:07
I would love to meet the person who wrote/created bitcoin
5 July 2017, 04:58
clear as mud!
5 July 2017, 04:48
You're kidding me! Someone is supposed to understand this?! This is an example of why Bitcoin doesn't work, won't ever work.
5 July 2017, 04:37
Actually one of the better descriptions I have read/watched. I think I almost understand it now!
5 July 2017, 02:21
No more money is given out after 2140?... That day will mark the end of bitcoin.
5 July 2017, 00:30
5.2 btc 10396.07 British Pound is this lawnmower made out of gold?
4 July 2017, 22:47
Sounds to time consuming to me.
4 July 2017, 21:01
I got an Ad from DASH. They are against Bitcoins.......
4 July 2017, 16:33
Fuck off me, IDK why I clicked on this shit, I'm lost and confused.
4 July 2017, 14:18
I get a Bitcoin ad at the start of the video, coincidence?
4 July 2017, 13:54
oh and pc players, these bitcoin miners are the reason that no decent gpus are available. So thanks miners who should get a real job
4 July 2017, 13:40
I still don't understand bitcoin
4 July 2017, 10:02
4 July 2017, 09:13
My head hurts..
4 July 2017, 07:43
not sure about bitcoin. I can't put it in my wallet like a dollar bill or put it away like gold or silver coins. And its not really a scarcity item as it could be replicated over and over again, or be remade into another type ie Eth, dogecoin, etc.
4 July 2017, 05:17
Still dont get it ....
19 September 2016, 04:01
I don't get it. This video doesn't tell you how to use it. How do you get started? Where do you get it?
11 September 2016, 17:38
Who knew that Alice can be so sneaky?
10 September 2016, 07:06
I didn't feel like you explained the double spending prevention and how it translates to the block-chain. How does the "lottery" determine which transaction is legitimate? The way it's explained above implies that both transactions would enter the pool and whichever hash match occurs first gets added to the end of the chain. It obviously can't work this way. Thanks for the video! Lots of good information here.
8 September 2016, 07:55
Great graphics but talks so fast about so much technical detail in just 5 mins that after watching it twice I still only vaguely understand it.
6 September 2016, 18:06
3:05 what solution?
4 September 2016, 19:11
Someone is sitting back and collecting all the dollars for these Bitcoins !
2 September 2016, 01:04
nice (Y) this is what I was searching for. MiningBut one question, how many bitcoins are there and how they get their value as compared to any currency?
28 August 2016, 16:54
will I ever get rid of math 😭
18 August 2016, 20:25
This is a monetary system the gov. Should adopt instead of letting everything go to hell.
10 August 2016, 12:05
There are many mistakes in this video. There is no "balance" in bitcoin, only transactions. The blocks are the essential element securing the network (including the problem of time) and they are left out. Nobody tries to link their own transactions to the ledger, people try to link blocks, and this allows them to put a transaction to themselves at the end of the block (generating new coins). Understanding Bitcoin is complicated and will not take 5 minutes, if you're interested I'd recommend the course at coursera.org. If you are only willing to spend 5 minutes understanding bitcoin then go grab a beer and forget about it.
8 August 2016, 18:13
I understood about half of this
6 August 2016, 03:28
5 August 2016, 18:00
another Ponzi scheme
5 August 2016, 17:20
We still don'tave anything that is physical, If there is a problem like electricity or computer or even government problems, all your value goes away. Why don't we just use real money? I mean REAL money!
3 August 2016, 18:26
why this video dont have rus subs (
31 July 2016, 06:06
very good explanation i like it
19 July 2016, 23:04
How do you buy bitcoins? Is it possible to buy bitcoins with your regular visa bankcard?If so how do you go about it?
15 July 2016, 03:53
block chain will help
14 July 2016, 18:33
Great video - what software did you use?
13 July 2016, 08:42
what is the best site to buy bitcoin
13 July 2016, 07:14
how much bitcoin do u think a quantum computer could make if they existed/got working cause i know people have made a quantum computer but getting it to predict the correct mathematical outcome is a hurdle .
9 July 2016, 21:54
2140? The only true coin of the future is going to be food, land, tools and manpower. Good luck eating your bit coins
3 July 2016, 06:06
Wow that's confusing. The guy who created this was definitely a genious to have all these checks and balances to have such a sustainable system. And no one even knows who created this system.
28 November 2015, 07:21
Sadly, this is probably the future. If it succeeds it will be the biggest transfer of wealth ever know to man. It will eliminate any handshake or signature and exchange it for wealth through the biggest computer system that its creator knows how to build who knows how to manipulate computer data. R.I.P. J.D. Rockefeller and Bill Gates.
Vicky Arya S
27 November 2015, 22:28
25 November 2015, 05:54
This really helped me understand bitcoin better thanks dude! :D You did a really good job at explaining it all.
19 November 2015, 15:58
nowadays i feel happy in my mind. extrodinary peace is in my heart.
19 November 2015, 15:55
these videos are all boost up my mind. Thanking you.
19 November 2015, 15:51
It is very nice to listen. cash champ and bit coins are describes the definitions simple and honest.
rana jamil Ahmed
14 November 2015, 20:56
what is bitcoin how can we start
6 November 2015, 09:02
thanks for fucking my mind.
Kumud Ranjan from the inside
3 November 2015, 19:24
well, how would I decide the value of an item in bitcoin? Suppose I have a $15 book, how much will it worth in Bitcoins?