Peer-to-Peer Currencies: The Amazing (And True!) Story of Bitcoin by Adrianne Jeffries

The story of Bitcoin: how the world's most famous peer to peer currency went through a gold rush, a bubble, and a crash in only a few months.

[arbo]

Why have I not watched this 8 years ago? Fuck my life.

[sayrith]

she got namecoin wrong. Namecoin is an entirely separate system non centralized DNS servers. Its not even in competition with bitcoin.

[Reptilico]

the value comes from the market. People buying and selling gives it value. Like any other commodity, like gold. Have you ask yourself where does the gold's value comes from? It is just a rock.

[asherdp]

great talk, but she should have mentioned that the other bitcoin spinoffs like namecoin do not actually compete with bitcoin. Namecoin serves a completely different purpose (decentralized DNS). Also, bitcoin-like systems do not actually compete for computational resources: a bitcoin miner can simultaneously mine bitcoins and namecoins with almost no additional overhead.

[LeRedLemos]

One question, to limit and stable the value of the bitcoin, why they don't create a measure formula for creation of new coins, with a backup of technology on the market.

[TheMisterMaster]

Bitcoins is not a file! And you can't store it on your computer. A amount of bitcoins is attached to one of your adress. If you want to spend the bitcoin, only you have the key (private key) to authorize this transaction. And you only can do it, if there sent enough money to your adress, which is broadcasted to the network. Check out blockexplorer on google, than look up a random adress and you will see it! Your client, your software will just tell you, how much you can spend.

[davidcia]

That statemen was already refuted millions of times. But, be happy, believe what you want to believe ;)

[jackssingleton]

a decent overview of bitcoin history (if you can even call it history...) but also quite a few inaccurate statements.

[mikesmith]

Can someone explain to me how after say 1 bitcoin is "mined" does it have value? Like where does the value come from?

[sharperguy]

If bitcoin was tied to the dollar, it would not truly be a currency in its own right.

[cyborgchimpy]

they can make your providers limit your peers

[-ish]

No, not at the moment. Maybe like a month ago.

[hendrewtech]

Why do people keep saying that satoshi nakamoto is FAKE name, but no one have met him??? how do they know it is a fake name?

[theeltea]

Hard to get in? Jesus, i PayPal easy to "get in"? How hard can it be to install the bitcoin client?

[flavius]

Jumping to conclusions in front of the eorld. What can go wrong?

[davidcia]

149 USD x Bitcoin right now and rising.

[ajarnfrankie]

- Now as easy as Paypal with direct hook-ups with US bank accounts...there's no reason to use current processors at this moment. coinbase dot com

[Reptilico]

Try Litecoin or Feathercoin or any other "new" p2p coin.

[trackerbuckmann]

No one knows who invented it?!

Odd.

[Mountshilol]

I have the e-wallet and I need bitcoins so whoever is here?