Bitcoins For Dummies Explained (Official Video)

Bitcoins For Dummies  Explained (Official Video)

Bitcoin (sign: BTC) is a decentralized digital currency based on an open-source,peer-to-peer internet protocol. It was introduced by a pseudonymous developer…
Video Rating: 3 / 5

12 thoughts on “Bitcoins For Dummies Explained (Official Video)”

  1. Fools, where will you find your virtual currency when the government or
    foreign enemy limits or eliminates your access to the web? At the very
    least, the government can and will eventually regulate Bitcoins with or
    without your knowledge.

  2. if anyone can create Bitcoins, where is the value. why would anyone need to
    go to work when we all can just run the bitcoin program, leave the PC
    running and go for a holiday

  3. I still don’t get this why would a company just give you money/bit coins
    that u can buy stuff with where do bit coin make their money? 

  4. I’m a 13 year old currently trying to get my parents to understand Bitcoin.
    Unfortunately they are stuck in their old ways and just wont listen. They
    keep saying, “it’s just a bubble!” Does any one have any ideas on how to
    get them to understand it better?
    My argument is that crypto-currencies will change the way money is
    transferred forever due it not being tired to central banks which even I
    know is the problem due to the dollar being tied to war, oil & debt. My
    second argument is the fact that it’s not only a fraction of the price to
    send and receive, so for instance families across the globe send money back
    home without banks stealing a huge percentage of it! Surely these are some
    valid points?

    I made a bet with them that if 10 people support my argument and donate one
    dollar each or 0.001 of a Bitcoin they will double it in dollars, as well
    as hear me out! As they think it’s not going to happen it would be awesome
    to even raise a small amount to show how powerful it is!

    If anyone feels like sending me 0.001 to get me started that would be
    unbelievably awesome. I’m just a young kid trying to push new technology
    and get the old fogeys to understand the huge movement thats going on!

    Thank you so much to everyone who helped me reach 0.003!


  5. Please re-upload with the rest of your video, or if it’s not yours could
    you link to the source and credit the producer of this content?

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