Topic: 2013-08-22 Entrepreneur.com - [VIDEO] Bitcoin Basics: What it is and how it work (Read 840 times)
August 23, 2013, 12:58:29 PM
nice video.
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
August 22, 2013, 05:06:37 PM
Great job for a summary short concise and to the point
I agree with the public ledger and pseudo-anonymous systems of exchange that can be traced and verified through the blockchain needing to be mentioned in more or less context.
I agree with the public ledger and pseudo-anonymous systems of exchange that can be traced and verified through the blockchain needing to be mentioned in more or less context.
August 22, 2013, 11:56:57 AM
Pretty good video summing up bitcoin in 2 minutes.
I would edit the part where the narrator says, "the anonymity of bitcoins make them a perfect medium for facilitating illegal transactions and crime." Well, yes, they are pseudo-anonymous, but cash is a much more perfect medium for illegal transactions than bitcoin is. There is no public ledger of all cash transactions.
I would edit the part where the narrator says, "the anonymity of bitcoins make them a perfect medium for facilitating illegal transactions and crime." Well, yes, they are pseudo-anonymous, but cash is a much more perfect medium for illegal transactions than bitcoin is. There is no public ledger of all cash transactions.
That's right. I wouldn't feel good to buy anything illegal with bitcoins cause I am verificated and every bitcoin I bought there could be traced. Cash is way better to buy drugs and so on.
August 22, 2013, 11:28:07 AM
Pretty good video summing up bitcoin in 2 minutes.
I would edit the part where the narrator says, "the anonymity of bitcoins make them a perfect medium for facilitating illegal transactions and crime." Well, yes, they are pseudo-anonymous, but cash is a much more perfect medium for illegal transactions than bitcoin is. There is no public ledger of all cash transactions.
I would edit the part where the narrator says, "the anonymity of bitcoins make them a perfect medium for facilitating illegal transactions and crime." Well, yes, they are pseudo-anonymous, but cash is a much more perfect medium for illegal transactions than bitcoin is. There is no public ledger of all cash transactions.
August 22, 2013, 09:06:21 AM
http://www.entrepreneur.com/article/228015
Of note is the video linked from the page: https://www.youtube.com/watch?v=PrK-152xfy0 ostensibly in association with ebay deals.
Hat tip: reddit - http://www.reddit.com/r/Bitcoin/comments/1kvgex/bitcoin_basics_what_it_is_and_how_it_works/
Of note is the video linked from the page: https://www.youtube.com/watch?v=PrK-152xfy0 ostensibly in association with ebay deals.
Hat tip: reddit - http://www.reddit.com/r/Bitcoin/comments/1kvgex/bitcoin_basics_what_it_is_and_how_it_works/
Jump to: