What is Bitcoin?

More information on http://www.weusecoins.com

This video is a short animated introduction to Bitcoin, made possible with donations from the Bitcoin community.

We'd like to thank:
- Donators for the Bitcoin Animated Movie Bounty
- Bitcoin users and miners around the world
- Everyone from #bitcoin-dev and #bitcoin-otc on Freenode for help with the technical side and history of Bitcoin
- Gavin Andresen, Mike Hearn for reviewing the script
- Greg, Steve, Dan and Jasmin who provided their professional help and insights for free
- All of our friends, family and random strangers who took the time to read the script and provide feedback

Credits:
Voice - Chris Rice (www.ricevoice.com)
Motion Graphics - Fabian Rühle (fabianruehle.tumblr.com)
Music/Sound Design - Christian Barth (www.akkord-arbeiter.de)
Production - Stefan Thomas

• Category

  Science & Technology

[lillskiten1337]

I think i need to start mining to get me those alpaca socks XD

[405 Show]

Um, wow. Not only is this not true, but the Fed has been printing money out of thin air for years and the presses are just getting warmed up. You need to do some research. Dollars are a fiat currency; Not backed by anything but trust (and the trust is fading).

[TheAmericanGriot]

no its not, its based on debt

According to the FBI anyone who believes that money should be backed by gold (like before) is an extremist.

There isn't enough gold to cover the money that's in circulation.

[blarg1027]

i love this video i remember when it has only 3 thousand views :) ah the good ol daays when you could mine 80BTC a day

[blarg1027]

dollars are backed by gold hahahah thats the funniest shit i heard all day!

[Justin R]

that was nice. NOW WILL SOMEONE PLZ TELL ME THE GODDAMN CONS OF BITCOIN?!

[ordinary1passerby]

he had some point actually.

you cant just "print and print money". it should be backed up by something that will give value to it. thats how our typical currency have values.

but IMO the US dollar is backed by military and weapons rather that gold or something else.

the US is just a poor rock when it comes to gold/diamonds. dollar is funded with weaponry.

[AZektser]

Bought my first bitcoin at buyecoin.com woo hoo!

[TheKeiserSose]

The US Dollar has not been backed by gold since 1973. Nixon revoked/removed the "gold standard" so he could print and print and print and print...

[banihex]

LMFAO, you can't be serious can you?????? I hope you still have yet to graduate high school or something.