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).

[TTTopGun]

its might also also probably In-Q-tel or the bilderbergers, they are looking for a one world currency.

[warmaker911]

It's probably a pseudo-name made up by a software group that came up with it.

[Anonim Vere-Casper]

Bitcoins are backed by the people's labour.

[Ashley Meah]

reached $250 at one point, Is around $120-$125 right now.

[Vít Novotný]

You need to compute hashes (= mine) in order to get bitcoins. Computing costs power (= money) and the amount of bitcoins in circulation is limited.

[John Doe]

Umh... that's free money? How there supouse to be any walue?

[HerrGubba]

i want those alpaca socks

[MultiSplish]

1:21 You forgot about cocaine.

[Justin R]

great those are the pros of bitcoin, now tell me the cons.