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The Truth About Bitcoin

Video “The Truth About Bitcoin”

By: Bitcoiner
The Truth About Bitcoin
Stefan Molyneux looks at the rise of Bitcoin and discusses it's history, mining, fees, altcoins, regulatory hypocrisy, worldwide awareness, comparisons to gold, anonymous transactions, possible government attacks and what the future holds for the decentralized cryptocurrency. Bitcoin Address: 1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Litecoin Address: LL76SbNek3dT8bv2APZNhWgNv3nHEzAgKT 0:00 How the ruling class controls human livestock. 1:35 How Bitcoin works 8:47 What is money? Is Bitcoin money? (come on, what do you *think* the answer is? :) ) 15:04 Demographics 19:47 Why Bitcoin is better than predecessors 26:54 History (skip here to hear him say "Satoshi" funny) 28:50 Purchasing power of government-issued money going down 40:03 Bitcoin's future popularity 42:15 Big Banks and Big Government hate Bitcoin! 45:00 Not anonymous by default but can be if you want it A very special thanks to Kristov Atlas, author of the upcoming comprehensive guide to bitcoin anonymity, for his assistance with this presentation. Get the latest updates on his book at: http://www.anonymousbitcoinbook.com Freedomain Radio is 100% funded by viewers like you. Please support the show by signing up for a monthly subscription or making a one time donation at: http://www.fdrurl.com/donate Get more from Stefan Molyneux and Freedomain Radio including books, podcasts and other info at: http://www.freedomainradio.com Amazon US Affiliate Link: www.fdrurl.com/AmazonUS Amazon Canada Affiliate Link: www.fdrurl.com/AmazonCanada Amazon UK Affiliate Link: www.fdrurl.com/AmazonUK Freedomain Radio Facebook: http://www.fdrurl.com/fb Freedomain Radio Twitter: https://twitter.com/freedomainradio Freedomain Radio Google+: http://www.fdrurl.com/google Freedomain Radio LinkedIn: http://www.fdrurl.com/LinkedIn

Tags: the truth about bitcoin, bitcoin, about bitcoin


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