English | Nederlands | Espagnol




About The Video, Bitcoin and the Blockchain

In the coming years, the technology behind crypto currencies such as Bitcoin will inevitably and radically change the role of traditional trusted parties such as banks, accountants, notaries, and governments. The possibilities are endless. We invite you to explore this new technology constructively and critically, and have an open discussion about the potential applications.

If you appreciate this video, feel free to pass it around in your network.Or leave a comments below on this site.

If you want to reward the time and effort that went into making this video, consider donating through Bitcoin: 1AtFaRrPFiwm2xUYN2C41edGgKPR5AXYDh


donate bitcoin if you like the video
↑ to top

Credits

Created By
Acknowledgements
↑ to top

Transcript

What if there is a technological advancement so powerful that it transforms the very basic pillars of our society?

A technology which fundamentally influences the way that our economy, governance systems and businesses function, and change our conceptual understanding of trade, ownership and trust?

This technology already exists, and it’s called crypto currency.

Crypto Currency

People often think of Bitcoin as only virtual money or a transaction system. But if you look closer, you’ll see that the monetary aspect is just the tip of the iceberg.

That’s because Bitcoin is a ground-breaking internet technology for which money is merely one of the possible applications.

Money exists to facilitate trade. Throughout the centuries, trade has become incredibly complex. Everyone trades with everyone, worldwide. Trade is recorded in bookkeeping.

This information is often isolated and closed to the public. For this reason, we use third parties and middlemen we trust to facilitate and approve our transactions.

Think of governments, banks, accountants, notaries, and the paper money in your wallet.