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#bitcoin#cryptocurrency#blockchain

What is Bitcoin? (v1)

WeUseCoins

26K subscribers • 1 video on Hallway

YouTube
  • Recommended by 2 people: 2 on Hacker News.

Beginner. No background in the topic needed.

10M views15 years ago2 recommendations

Distributed systemsSecurityCryptographyConsensus: Raft and Paxos

A short animated introduction from 2011 explaining the basic concepts of Bitcoin as a peer-to-peer digital currency.

Learn about Bitcoin with the most watched Bitcoin video. More information: Start Guide - weusecoins.com Mining Guide - bitcoinmining.com Podcast - bitcoin.kn Follow us on Twitter: twitter.com/WeUseCoins Like us on Facebook: facebook.com/weusecoins

Why it's here

2 people recommend this, 1 disputes it

What people say. Historically shared as the standard, simple introduction to Bitcoin for newcomers during its early years.

sgornickon Hacker News • Recommends

On “What is Bitcoin? (Video)”

For those who are new to Bitcoin and would like to learn more: The new What Is Bitcoin? video - link to this video Bitcoin FAQ - link Bitcoin Wiki - link How Bitcoin Works - link Installing Bitcoin - link HowTo Mining Bitcoin: Fedora 14: link and Ubuntu: link The Bitcoin Faucet (free bitcoins) - link Buying bitcoins - link Bitcoin 6-Month Price Chart - link Bitcoin Community Portal - link Recent Posts here on the forum - link ------------- Comments from February when BTC/USD first hit $1: link

munchoron Hacker News • Recommends

On “How to Explain Bitcoin to a 7-Year-Old”

link to this video I agree that explaining people (be them 7 or 20 years old) what bitcoins are and what the fuss is all about is quite complicated. Usually I just send people that video, but this explanation is pretty interesting (maybe not as effective as the video, though).

sandyarmstrongon Hacker News • Disputes

On “Overstock.com Is Now Accepting Bitcoins”

Good luck with that. Overstock and Coinbase both link to this weusecoins YouTube video to explain the currency, which says "bitcoins" about a million times: link to this video

jsmthrowawayon Hacker News • Mentions

On “Steam is no longer supporting Bitcoin”

…oin: Cryptography, Engineering, and Economics by Pedro Franco, 2010, pp. 26. > You can purchase video games, gifts, books, servers, and alpaca socks. ... Bitcoins are a great way for small businesses and freelancers to get noticed. It doesn't cost anything to start accepting them ... and you'll get additional business from the Bitcoin economy. link to this video Bitcoin has literally been presented as a replacement for cash payments since day 1. I could go on, and on. That history is now being rewritten, and I think it’s important to understand why. Bitcoin set out to do one thing, is failing at that one thing, and I’m discouraged to see people rewrite the narrative rather than own it and say it di…