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What is Bitcoin? Bitcoin Explained Simply




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Название :  What is Bitcoin? Bitcoin Explained Simply
Продолжительность :   12.49
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99Bitcoins
CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers brStay safe 🙏🏻🙏🏻🙏🏻
Comment from : 99Bitcoins


loh
Its like the money they print but better
Comment from : loh


ObeyTheGoose
Thank you for a clear, concise, and understandable video You should be teaching a basic economics course! I think a lot of people would benefit from hearing your wondeful explanation of inflation
Comment from : ObeyTheGoose


The Question
There is a factor that can effect the use of bitcoin if my power goes out, or if the internet goes out, I can no longer make transactions So, if bitcoin were to become the new way to buy everything, those issues would need to be addressed
Comment from : The Question


matthew
Expired old Mexico dollar bills 100 pasos worth more than this Betcoin currency 😂
Comment from : matthew


Ryan Ehlis
Inflation destroyed the value of the dollar
Comment from : Ryan Ehlis


Cool NS
QUESTION RE:brWHO CONTROLS THE BLOCK CHAIN SYSTEM & WHAT'S THE POSSIBILITY OF THIS SYSTEM BEING DISABLED THWORTING A TOTAL LOSS OF DOCUMENTED FUNDS?
Comment from : Cool NS


Pedro Ventura
This is good content!
Comment from : Pedro Ventura


Zee D
So well written and presented! 👍🏻
Comment from : Zee D


John Nesbitt
Correct me if I'm wrong but I imagine why they're going after Binance and Coinbase is because they're basically becoming banks in of themselves Crypto is supposed to be decentralized, but these institutions are centralizing it and are by default becoming like crypto banks
Comment from : John Nesbitt


D O
Excellent explanation,sir
Comment from : D O


Phoenix Jones
Does this all apply to crypto currency as well?
Comment from : Phoenix Jones


loay
Very cool robot
Comment from : loay


Crytochino
bitcoin idea,
Comment from : Crytochino


Ethiopia Hagerie , Hagerie Ethiopia
Just i love you man!!!!! You are truly altruistic !!!!!! God bless you and all around you! You open my eyes sir Yo must be Satoshi Nakamoto lool
Comment from : Ethiopia Hagerie , Hagerie Ethiopia


roger kelly
outstanding explanation
Comment from : roger kelly


Big oxlong
Does the lack of centralization contribute to how fragile the price of bitcoin is ?
Comment from : Big oxlong


KMF
Who manages Bitcoin? I still don't understand
Comment from : KMF


Tommy Lashley
Good video, thank you, will keep watching 👍
Comment from : Tommy Lashley


Bayz Vision Entertainment 📹
This video title is so insulting, but okay I'm fine with it 😂😂😂
Comment from : Bayz Vision Entertainment 📹


KurrencyOneKrypto
Can u explain I own the cryptocurrency bank and hold the sotoshi nakamoto encryption key and wallet
Comment from : KurrencyOneKrypto


Konstantinos Tzellios
Bitcoins helps you to take loans and after to work hard to pay the taxes
Comment from : Konstantinos Tzellios


Majid riaz
Thanks for explaining martin
Comment from : Majid riaz


Aurora Rostenila
Thank you Easy to understand and open my sight
Comment from : Aurora Rostenila


Quang Duong
Governments cannot control your Bitcoin, but they can ban the Internet!
Comment from : Quang Duong


David Norris
Still just another scam
Comment from : David Norris


CC
So what’s a bitcoin?
Comment from : CC


Denelsia Walker
Awesome Just finished listening and taking notes Thank you Nate!
Comment from : Denelsia Walker


Michael De Gino
So how do I start a bitcoin account?
Comment from : Michael De Gino


Emma
Aren't the American ppl the collateral for our debt?
Comment from : Emma


Kivi Kocher
Absolutely brilliant explanation, pleasant to listen to and very informative Well done, keep the good work up
Comment from : Kivi Kocher


Ravi kanth
Thank bro its very useful I learned something here
Comment from : Ravi kanth


Kuro
I don’t understand
Comment from : Kuro


P Naz K
Wow i have not heard Bitcoin as well explained as this Thank you for making this available to us
Comment from : P Naz K


Dhruv Singla
great explanation I am a 9 year old kid who wanted to know blockchain but when I saw the blockchain video it used bitcoin word many times thanks to bitcoin99
Comment from : Dhruv Singla


Hassanali Shahbazilar
Thanks a lot What does Bitcoin stand for?
Comment from : Hassanali Shahbazilar


Andrew Solis
I’m not sure if I understood this right but you’re telling me someone traded future generational wealth for two pizzas?! 😭
Comment from : Andrew Solis


PepeFrogLive
Your video was good until you didn't mention Bitcoin has a finite supply of 21 million coins This is one of the important facts of Bitcoin
Comment from : PepeFrogLive


Trending by J S
Very nice ☺️
Comment from : Trending by J S


Gp Sharma
Very nice video ❤
Comment from : Gp Sharma


Anoop Singh Official
Bitcoin tha best
Comment from : Anoop Singh Official


Hanbill
I still kinda would love to trade face to face with customer sadly it cannot be a thing in modern day
Comment from : Hanbill


Jim Saint-Amour
Excellent!! Thank you so much Question: what is Bitcoin backed by? Is it similar to fiat in that it is backed by trust in the system?
Comment from : Jim Saint-Amour


Saba Jess
I live in Seattle how can I buy or start ???
Comment from : Saba Jess


Navneet Gharu
Look who's talking
Comment from : Navneet Gharu


Brian Kuhn
I share this with everyone who asks me “What is Bitcoin?!” I’m still amazed at how many people think the USD is still backed by gold, and don’t realize that it’s now a Trust System Once that’s established, it’s easy to understand why BTC is so important and will increase in value compared to USD Thank you for the video!
Comment from : Brian Kuhn


KEESHA Madison
Ummm Think I need to re watch
Comment from : KEESHA Madison


Craj
Beautiful
Comment from : Craj


Mad Arab
How is two pizzas someone bought worth money??? brbrI don't get it at all
Comment from : Mad Arab


Ilai Raka
What do you think about universal Fx trading are they safe
Comment from : Ilai Raka


David Williams
Just like any ponzi If money still coming in all is good When it stops It's about over
Comment from : David Williams


John Leo
How will I be making money in bitcoin
Comment from : John Leo


$av
Inflation these days
Comment from : $av


kim young
The stock market is a complex system that is influenced by a variety of factors, including economic indicators, political events, and global trends The relationship between policies and the stock market can be complex and multifaceted, and it can take time for the full effects of policies to be reflected in market trends Therefore, it is possible that policies implemented in the past may have a "lagged effect" on the stock market, as their full impact may not be felt until later on
Comment from : kim young


andrea felton
Interesting
Comment from : andrea felton


Local Liquid
Watching this after the banks are collapsing 2023 😮
Comment from : Local Liquid


Rudolf Dsilva
But issue is with bitcoin is value can become less day by day without doing anything Suppose i have 10k dollars in bank and bitcoin , these 10k can become 5k in bitcoin or 20k in bitcoin but in bank it cannot go less than 10k until until bank collapses
Comment from : Rudolf Dsilva


Gersi Loshi
Don't just dismiss questions about crypto investing
Comment from : Gersi Loshi


We Are
Yeah I'll just stay with cash 👍
Comment from : We Are


นิพนธ์ โฮมแพน
The
Comment from : นิพนธ์ โฮมแพน


ZR1Terror
If I get some Bitcoin How do I shop at Walmart? Or how do I pay cash to fill up my truck with fuel?
Comment from : ZR1Terror


Opulent Riches
Love your explanations
Comment from : Opulent Riches


dodo movies clips
نصابين
Comment from : dodo movies clips


cryptotestimoney
The wisest thing that should be on everyone’s mind currently should be to invest in different streams of income that doesn't depend on the government
Comment from : cryptotestimoney


Agent8911
So whats bitcoin?
Comment from : Agent8911


David Ndungu
How do I register
Comment from : David Ndungu


Tsup603 sunders
If I charge someone for a service, and I chose to have them pay me with bitcoin, which way should I receive payment
Comment from : Tsup603 sunders


Frank Acosta
How does it work how can I use it first time
Comment from : Frank Acosta


Kevin Dominie
I have a Bitcoin is it worth anything
Comment from : Kevin Dominie


Kirsty 8930
Can I pay my mortgage with Bitcoin?
Comment from : Kirsty 8930


Derrick White
How do you know that you have bitcoin someone sent me a bitcoin
Comment from : Derrick White


Don Caprichi
You forgot to mention that the use of bitcoin has been used for speculation and scams 90 of the timebrTherefore, I rather trust my bank and my government
Comment from : Don Caprichi


Xzavier Stawarski
I'm new to cryptocurrency and don't understand how it really works Can anyone guide me on the right approach to invest and earn a good profit from cryptocurrency investing?
Comment from : Xzavier Stawarski


Lizbeth Segura
Thank you im subscribing
Comment from : Lizbeth Segura


Andrian Lada
Interesting
Comment from : Andrian Lada


Mohammed Seid
ብዘግይም ጥሩ ነው
Comment from : Mohammed Seid


Anthony McKnight
I sort of understand now
Comment from : Anthony McKnight


DD
So……what is it???
Comment from : DD


EricSmyth4Christ
It's so sad that our money has become so corrupt that we need de-centralized virtual coins to use as currency
Comment from : EricSmyth4Christ


Sandra T
Beautifully explained Thank you 🙏
Comment from : Sandra T


Serhiy Lebedyev
When a crypto trading platform goes bankrupt one does not have a complete control over the crypto it has on that platform, so does it negate "full control" statement?
Comment from : Serhiy Lebedyev


Jerri Gray
Which is the best Bitcoin wallet
Comment from : Jerri Gray


Kit Richardson
My question is that it appears that governments like the Chinese government not too long ago and currently the US government in the wake of the FTX scandal, is going to take back some of the control which they love so dearly How is this going to affect bitcoin in the long term?
Comment from : Kit Richardson


Abera Birhanu
Best explanation ever
Comment from : Abera Birhanu


Cerelyn Lee
I have a question did Bitcoin can drop to zero?
Comment from : Cerelyn Lee


Taz Ali
I still don’t get it
Comment from : Taz Ali


Roberto Walsh
En Venezuela la inflación es inducida por el imperialismo y el enemigo interno
Comment from : Roberto Walsh


Roberto Walsh
Venezuela ha sido atacada criminalmente por el dólar paralelo
Comment from : Roberto Walsh


peter anderson
Can a property in Spain be sold by Bitcoin only including all payments to Estate agents solicitor and the rest of them? Liked the videos content information Want to learn more about it
Comment from : peter anderson


sanowar masum
4 how long ?
Comment from : sanowar masum


mqader kazimizada
Not having possibility to create a USD account, will be it possible to go ahead with EURO account?
Comment from : mqader kazimizada


Andrew Rodriguez
this guys voice is great
Comment from : Andrew Rodriguez



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