A great succint presentation!
few notes :
1. At around 7 mins in, he says that because fiat isn't actually being transferred in case of electronic transactions, hence we need to trust a third party. This is absolutely correct but gives the impression that somehow btc is applicable only to fiatless third-party-based situations whereas you can implement bitcoin using any kind of computing network (even a bunch of scientific calc or even just pen and paper) and offers advantages, like the fiat that you are receiving might take 10 minutes to be secure, but it is the real world equivalent of you checking the note was not fake, then calling RBI to confirm that the number on the note is indeed in circulation and then somehow the police checks the notes in circulation in the entire world to confirm that there isn't even a fake note with a number on it! This happens everytime you wait 10 mins. Would you wait 10 mins for such kinda security? No? You are just selling veggies? No problem. Use litecoin. But remember, now you only gave the police 2 minutes to go around the world.
2. He goes on to say that we thus we can see that we need an anonymous currency. Let me tell you, bitcoin is not anonymous. No crypto is. And there is a mathematical reason for it. And no that reason is not clustering and IP forensics etc.
3. At 11 he says no third party, which is again true. But later on he should add that this third party in our case is the internet of miners.
4. At 12, you don't even need smartphones. You just need to know counting. Write any hexadecimal string 256 bit long. Congratulations, you have a bank account and this string is your password.
5. 16:00 Bitcoin ATMs, there are some in India as well
Checkout localbitcoins. We have one in delhi!
6. In the end he should have concentrated on what zebpay is, which was rushed through and he came to the offers like flipkart etc ..
But I really LOVE bitcoins! Where are my 50 rs worth ?
