Bitcoin Explained - Illustrated Beginner's Guide

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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New to Bitcoin? Confused? Need help? You've come to the right place.

Bitcoin is an internet based decentralised currency. Similarly to Bittorrent, but Bitcoin uses a public ledger called the blockchain to record who has sent and received money. It's very new, and for many very confusing. BitcoinHelp aims to rectify this. Whether it be explaining how it works, how to use it, how to buy Bitcoins, how to integrate Bitcoins into your business. Sharing your successes as well as failures in order to help others is also gladly received. Ask away!
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popcoin: Bitcoin drama

this subreddit is closed. if you would like to moderate the subreddit, please [message the moderators](/message/compose?to=/popcoin).
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The simplest Bitcoin explanation (x-post from /r/Cryptocurrency)

The simplest Bitcoin explanation (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Bitcoin Explanation

Bitcoin Explanation submitted by GVof_theVG to iamveryrandom [link] [comments]

Having a Pre-Signed Sweep Transaction has greatly increased my peace of mind hodling bitcoin. Explanation 👇🏽

Having a Pre-Signed Sweep Transaction has greatly increased my peace of mind hodling bitcoin. Explanation 👇🏽 submitted by victhroway1234532 to Bitcoin [link] [comments]

We are forcing bitcoin explanation, bitcoin (and other coins) should explain themselves.

Yesterday i was thinking of that bitcoin meeting at a bar a few months ago, when i thought... what would happen if SWIFT was invented yesterday? and i go and try to convince and explain everybody that with a card with a magnetic band you can pay at any store in the world that will automatically take money from your bank account. After that i realized that i dont know enyone who can explain me how ther credit/debit card works, because they just use it and understand what they need. We are explaining bitcoin in very low levels to the common people, and that is why a lot of people dont want to use it. When bitcoin is avaiable as a payment option on many places then the common people will just use it without probably understand its decentralization, and all the tech inside bitcoin. But i think that trying to explain bitcoin so it gets more spread is like trying to explain SWIFT so more people uses credit/debit cards.
submitted by blisterox to Bitcoin [link] [comments]

Striking similarity between Ellen DeGeneres' 2018 "Bitcoin Explanation" and 1994 Today's Show "What is the Internet, Anyway?"

Do you not see the repetition of history here?
2018: Ellen DeGeneres: If you want to know what bitcoin is, I learned about it. A bit. https://www.youtube.com/watch?v=LS2BMxeHsv8
VS.
1994: The Today Show: "What is the Internet, Anyway?" https://www.youtube.com/watch?v=UlJku_CSyNg
submitted by puttersworth to Bitcoin [link] [comments]

The effects of Censorship and Propaganda upon Bitcoin (Explanation by Roger Ver (me))

The effects of Censorship and Propaganda upon Bitcoin (Explanation by Roger Ver (me)) submitted by MemoryDealers to btc [link] [comments]

Bitcoin explanation by Arthur B

Bitcoin explanation by Arthur B submitted by shaikhnasir to tezos [link] [comments]

ETN is more expensive than Bitcoin (explanation)

I've seen a couple posts and videos about how Bitcoin is actually less expensive than ETN, so I thought I'd condense them into a simple post.
submitted by EpicGamer_Style to Electroneum [link] [comments]

"Not your keys, not your Bitcoin" explanation

I know this sub is experiencing a lot of new users (welcome all by the way) thanks to the recent price spike, but much of what is said makes absolutely no sense to someone who is just learning what Bitcoin is. Hopefully I can clear up this saying
When you "own Bitcoin" there isn't some folder on your PC that is worth a Bitcoin. When you create a wallet, whether it be desktop or mobile, the wallet is creating a pair of "keys," one public and one private.
Your public key is that long string of nonsense numbers and letters that acts as your "Bitcoin address." The private key is another file that allows you to prove that you have control over that address, and that you have the right to spend the coins associated with it
For anyone who is new and has more questions about common conversation that's flying way over your head, leave a comment and I'll do my best to explain!
submitted by hrones to Bitcoin [link] [comments]

Get It Finally – Bitcoin Explanation

Get It Finally – Bitcoin Explanation submitted by Roy1984 to Bitcoin [link] [comments]

Saved 15 minutes near the end of my speech here for Bitcoin explanation, and, after, gave away BTC to anyone who wanted to own for first time. 25 takers.

Saved 15 minutes near the end of my speech here for Bitcoin explanation, and, after, gave away BTC to anyone who wanted to own for first time. 25 takers. submitted by jatucker to Bitcoin [link] [comments]

Get It Finally – Bitcoin Explanation

Get It Finally – Bitcoin Explanation submitted by Roy1984 to CryptoCurrency [link] [comments]

Get It Finally – Bitcoin Explanation

Get It Finally – Bitcoin Explanation submitted by Roy1984 to Bitcoin [link] [comments]

Get It Finally – Bitcoin Explanation

Get It Finally – Bitcoin Explanation submitted by Roy1984 to CryptoCurrency [link] [comments]

Get It Finally Bitcoin Explanation

Get It Finally Bitcoin Explanation submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Get It Finally – Bitcoin Explanation

Get It Finally – Bitcoin Explanation submitted by Roy1984 to TechnologyInovation [link] [comments]

Bitcoin explanation for older people

My mum and her boyfriend want to learn about bitcoin. Can you explain it to them in simple terms. I have struggled for a while now
submitted by its_a_me_luke to Bitcoin [link] [comments]

Your favorite Bitcoin explanation (preferably video)

Hi all,
I wanted to ask for myself (and perhaps for the the community also) if you could share your favorite explanation or introduction to Bitcoin preferably in a video that I (or we) could copy-pasta to those that may be interested in learning more about Bitcoins.
I'm hoping there would be different videos that explains it from financial stand-point, regulation stand-point, and technology stand-point. More variety the better.
Thanks
submitted by good_human to Bitcoin [link] [comments]

Striking similarity between Ellen DeGeneres' 2018 "Bitcoin Explanation" and 1994 Today's Show "What is the Internet, Anyway?" /r/Bitcoin

Striking similarity between Ellen DeGeneres' 2018 submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

New YouTube video: Lightning Network Bitcoin Explanation

New YouTube video: Lightning Network Bitcoin Explanation submitted by reputaction to reputaction [link] [comments]

[uncensored-r/Bitcoin] Striking similarity between Ellen DeGeneres' 2018 "Bitcoin Explanation" and 1994 Today's Show "Wh...

The following post by puttersworth is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7xzwtn
The original post's content was as follows:
Do you not see the repetition of history here?
2018: Ellen DeGeneres: If you want to know what bitcoin is, I learned about it. A bit. https://www.youtube.com/watch?v=LS2BMxeHsv8
VS.
1994: The Today Show: "What is the Internet, Anyway?" https://www.youtube.com/watch?v=UlJku_CSyNg
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Big YouTuber ThioJoe makes bitcoin explanation video

Big YouTuber ThioJoe makes bitcoin explanation video submitted by Joeroast to Bitcoin [link] [comments]

How Bitcoin Works Under the Hood - YouTube Don’t Understand Bitcoin? This Man Will Mumble An ... Bitcoin's COO Explains What Bitcoin Is - YouTube Bitcoin Explanations - YouTube BITCOIN EXPLAINED (BC Explained ep 1) - YouTube

Every bitcoin story must include an image of a physical bitcoin. Note: Physical bitcoin coins do not really exist. Science Picture Co We're guessing: yes, you have. Bitcoin was conceptualized and released as a payment mechanism. But its design and working bucks the conventional logic of such systems. It is not backed by a central authority, such as the Federal Reserve, or known assets like gold. It is available across boundaries and has largely remained unregulated since its launch in 2008. A growing list of technical problems in its network has further ... Bitcoin gives you complete control over your money, unlike other assets you own which are regulated by banks and governments. As bitcoin gains more popularity, more and more places accept it as a payment method. If you want a more detailed explanation about Bitcoin keep on reading, here’s what I’ll cover: What is Money? Paper Money; Fiat Money Bitcoin: A Simple Explanation Bitcoin is a new kind of digital currency that, unlike other forms of payment, is designed for a world in which we are all digitally connected. Other forms of payment, like cash and credit cards, have their place, and probably won’t be going anywhere soon, but they aren’t really suited to the way we are going to be living in five or fifty years. Bitcoin is effectively a much-needed alternative for this potentially Orwellian future where governments are able to surveil all financial activity, tell people who they can and can’t transact with, and easily steal from individuals through bail-ins or the inflation tax. In summary, bitcoin is important because it creates an alternate financial system that will allow individuals to freely ...

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How Bitcoin Works Under the Hood - YouTube

A somewhat technical explanation of how Bitcoin works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. The math behind cryptocurrencies. Home page: https://www.3blue1brown.com/ Brought to you by you: http://3b1b.co/btc-thanks And by Protocol Labs: https://prot... Subscribe to ClickHole http://bit.ly/1qugIEe Like ClickHole on Facebook https://www.fb.com/clickhole Follow ClickHole on Twitter https://twitter.com/ClickHole Bitcoin has been all over the news in recent days, reaching all-time highs then dropping thousands in minutes. So what is the hype all about?

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