The top 10 fascinating Bitcoin facts.
Source Watch Mojo
It’s time to put your money where your …….
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The Bitcoin Revolution – Future implications around the world
This is the eight video in our series called “Bitcoin as a Disruptor”. What are the future implications of Bitcoin around the World? What should we think about Bitcoin with terms of Neutrality? Will Bitcoin become widely accepted around the World?
Presentation by Andreas Antonopoulos, The Bitcoin Foundation. Source Cryptorcurrencies
Andreas discusses the philosophy and the principle of Bitcoin Neutrality, as well as the main drivers towards mass adaption of the currency.
He also look at how banking actually works around the world, and how Bitcoin could evolve in the future to meet the needs of the unbanked.
The Revolution – The Bitcoin Protocol
This is the seventh video in this series called “Bitcoin as a Disruptor”. The Bitcoin protocol, a game changer beyond the Bitcoin currency itself, as it opens the door to innovation without permission. Decentralized consensus, were currency is only the first application…..
Presentation by Andreas Antonopoulos, The Bitcoin Foundation. Source ID GC
We continue to look at the even bigger picture, the jaw dropping changes that bitcoin could provide in what we would call a revolution.
Like the Internet itself, Bitcoin will change everything.
The concept of a decentralized network that could achieve consensus (agreement) without any central controlling authority was an unresolved problem in computer science called the Byzantine Generals’ Problem. The Bitcoin protocol solved this problem in 2008 and that in itself is truly revolutionary.
Bitcoin is the Internet of money and the Bitcoin currency is only the first application. At its core Bitcoin is a revolutionary technology that will change the world forever.
Why Bitcoin’s Growth is Normal & The S-Curves You Could Never See
Economists are up in arms, claiming that bitcoin’s 1000% annual growth is faster than anything they’ve ever seen.
Source World Bitcoin Network
Because of that, they lash out, calling bitcoin volatile, a bubble, a pyramid scheme, etc.
But don’t worry, we put on our investor glasses, compare the 4.5-year-old bitcoin to facebook, twitter, google at the same periods in their growth. The result is that Bitcoin’s growth is as exponential, as volatile and as normal as any enormous tech giant. And just for fun we threw in a little bit about rats reproducing on a desert island.
Bitcoin Revolution
This is the sixth video in our series called “Bitcoin as a Disruptor”. When people talk about bitcoin, they talk about a revolution. But Is it really a revolution to have lower fees on credit cards and remittances? While these are big changes, they are hardly revolutionary..
Now we begin to look at the even bigger picture, the jaw dropping changes that bitcoin could provide in what we would call a revolution.
Source World Bitcoin Network
Bitcoin provides anonymous payments better than anything we’ve seen online. But what few realize is that Bitcoin also does transparency, and it does transparency better than anything we’ve ever seen in human history.
This transparency is the focus of this first video looking at bitcoin as a revolution. Because bitcoin is the first ever tool (in human history) that can provide provable transparency, we could finally see transparency explode via the free market (competitive edges given to those who disclose). This one simple change seems innocuous but it could have major repercussions.
No future may be stranger or more earth shattering than the inherent capabilities of bitcoin to provide a free market for transparency. And this isn’t transparency like we are used to, this is the possibility of absolute financial transparency. Not only would it eliminate the need for the IRS, but it stands to erase corruption and improve government.
3 Elements that influence Bitcoin Value
Where does bitcoin value come from? Lets take a look at 3 elements that are intrinsic to bitcoin’s nature.
Bitcoin as a New Disruptive Technology – VALUE ELEMENT #1
Bitcoin as a currency, as a payment system and as a stock cannot be separated from its nature as a new revolutionary technology.
Leaving technical concepts apart, the bitcoin system provides the base for:
– Transferring money with low or none cost to any place in the world. Global acceptance and distribution!
– Empower people to become their own bank, removing the dependance on financial institutions. Freedom!
– Empower people currently out of the banking system. Democratic!
– Avoid the deflationary effects of traditional currency. Buying power!
– Pay for goods and services while protecting your personal data. Security!
Credit Cards – How Bitcoin Could Take Over a Trillion $ Market
This is the fifth video in our series called “Bitcoin as a Disruptor”. We look at the advantages for merchants accepting bitcoins over credit cards.
Source World Bitcoin Network
We look at five features where bitcoin’s inherent features could take over 5 different trillion dollar markets. This video gives you a quick history on the evil aspects of credit cards, then looks at the SEISMIC changes offered by Bitcoin.