All Pro Web Designs > > Learning Tutorials > Blockchain > Where Did Bitcoin Come From? – The True Story
Where Did Bitcoin Come From? – The True Story
- February 3, 2024
- Posted by: MainInstructor
- Category: Blockchain Learning Tutorials
Video Title: Where Did Bitcoin Come From? – The True Story
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Want to join in the discussion? Join my discord server here! https://discord.gg/coldfusion
People need to remove their rose colored glasses…. or … keep getting scammed.
Hit $200k today Thank you for all the knowledge and nuggets you had thrown my way over the last months.Started with 14k in last 4months 2023
Bsv is bitcoin
David Schwartz created a Beta Test Coin… that became XRP… and now it sits in the US Treasury… What say you future?
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months.
Started with 14k in last month 2023..
So u telling me on day 1 i could of gotten 50 bitcon for 4 cents and be a multimillionaire right now 😭 time machine any 1????
Good explanation
This is actual behind the todays world disorder … That's why fight everywhere …
river means various root line …
Sea means money heaven …😄
what if Satoshi is just a made up person?
Free palastine ✌️✌️🇵🇸✌️
You never made the 2nd half of this, I guess.
I bought now
Wish i knew about it earlier
Its never two late
0:10 Might have been a blessing in disguise for these two would be half billionaires………….
She'd be gone, that simple
Everyone talks about how wonderful unregulated money is. That is the biggest bunch of BS about cryptocurrency.
It's challenging to fathom the difficulty involved in assuming the responsibility of recovering funds for scam victims. However, it's crucial to remember the history and the assistance that emerges from such adversity. Immense respect for experts like KNIGHTHOODBOT CORP who willingly undertake these roles.
holy crap, so many bots and scammers in the comment section.
I'm just coming to the point of believing that Bitcoin was created not by humans directly but from AI indirectly.
I think things are starting to boil to the point where people won’t need bounties or incentives to take things into their own hands 😢
Convert Canadian or what not
Freak the mighty
what would happen if Craig Wright wins the Copa Case in coming Jan 2024?
We did that n thats why the too much freedom is overtaken moral lifestyles
I hope he dumped his dumb a55 girlfriend!
Wish I would of invested $10,000 in Bitcoin when it was ten cents.
Try again! Crypto Currency is Cryptic Christianity. The Illuminati hates Christianity as do the New Agers and the Jesuits. Ecumenicism is a Disease. The Whore of Babylon is Rome. They say that we are beings of Currency. Stay away from the Occult, it is Addicting, like a drug.
China stop bitcoin and beside I am not buying something is not backed up by the military
Very inspiring. Very nice video. Thanks for sharing this video.
This is playing out just like the CIA & 3 letter agencies have planned . White paper lol.. All planned and planted by government to bring in digital currency and CONTROL . Stay ahead and get out down river after damn burst .
XLM XRP XDC
🎯 Key Takeaways for quick navigation:
00:01 🪙 The Early Bitcoin Era
– James Howells mined 7500 bitcoins in 2009, threw away the hard drive containing them, and lost over $400 million.
– Laszlo Hanyecz bought two pizzas for 10,000 bitcoins in 2010, marking the first widely publicized Bitcoin transaction.
– Bitcoin's unconventional stories illustrate its captivating nature.
02:07 💰 Bitcoin's Image Evolution
– Bitcoin faced skepticism, accusations of being a Ponzi scheme, and associations with illicit activities.
– Rising inflation and distrust in fiat currencies have led to a shift in perceptions about Bitcoin.
– Bitcoin's potential to challenge traditional economic systems has gained recognition.
03:14 🌐 The Need for New Thinking
– Friedrich Hayek's belief in taking control of money supply out of government hands.
– Bitcoin represents an attempt to create a decentralized, trustless, and secure financial system.
– Bitcoin offers an alternative perspective on the future of money.
03:56 📜 Bitcoin Basics
– Bitcoin operates as a decentralized ledger without the need for centralized banks.
– Transactions are recorded on a public ledger maintained by a network of computers (miners).
– Bitcoin's finite supply and value are determined by trust in its network.
06:15 💡 The Power of Blockchain and Cryptocurrency
– Blockchain is a distributed ledger, and its public and decentralized use cases are transformative.
– Adding cryptocurrency to blockchain creates disruptive potential in finance and beyond.
– Bitcoin is open source and maintained through consensus among miners.
07:53 📅 Bitcoin's Inception
– On January 3, 2009, the first Bitcoin block was mined with a message referencing a financial crisis.
– Bitcoin's creation was a response to a brokenfinancial system.
– The first Bitcoin transaction took place between Satoshi Nakamoto and Hal Finney.
09:05 🔍 Early Cryptographic Innovations
– The cypherpunk movement aimed to protect privacy through cryptography.
– David Chaum's work on electronic cash laid the foundations for modern blockchain technology.
– Digicash and ecash attempted to create a secure digital cash system.
12:38 📉 Digicash's Decline
– Despite its promise, Digicash faced challenges and ultimately went bankrupt.
– David Chaum's refusal to compromise on perfection hindered potential partnerships.
– The early era of digital currencies experienced a setback.
14:19 🚀 Resurgence of Cryptographic Money
– Progressive thinkers continued to see potential in cryptographic money after Digicash's decline.
– Milton Friedman believed electronic cash was necessary for the internet's growth.
– Ideas like B-money and Bit Gold laid the groundwork for future cryptocurrencies.
18:07 ⚙️ Birth of Bitcoin
– In 2008, bitcoin.org was anonymously registered, leading to the release of the Bitcoin whitepaper by Satoshi Nakamoto in 2008.
– Bitcoin's solution to the double-spending problem and implementation of the blockchain revolutionized digital money.
– The mysterious Satoshi Nakamoto chose to remain anonymous.
19:18 💥 Impact of Bitcoin's Release
– Bitcoin's success in solving the double-spending problem brought it into existence.
– Bitcoin started trading in 2010 at a fraction of a cent and slowly gained recognition.
– Despite early indifference, Bitcoin was destined to make a significant impact.
22:38 🧩 The Mystery of Satoshi Nakamoto
– Satoshi Nakamoto, the creator of Bitcoin, has remained anonymous and holds a significant number of bitcoins.
– Speculation and curiosity surround Nakamoto's identity and intentions.
– Bitcoin's journey and mysteries will be explored further in the next episode.
Made with HARPA AI
yebo
Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad. I’m new to cryptocurrency and I don’t understand how it really works. Can someone guide me on the right approach to investing and making profit from cryptocurrency investment
The financial system isnt broken if your part of the people that run it. 😂 the financial system is designed to look broken. Its designed to sypher your wealth to the elite. Every penny you spend ends up back into the system. And you get less and less. BitCoin will not do anything different. The Exchanges will do what the banks do… but they call it gas fees and exchange fees😂
Banking Industry Token. Designed by the banks for the banks in the Banking Capitol of the world. They didnt bank on copy cats.. 😂 satoshi wasnt even real and then some old japanese guy got clobbered for it. 😂😂
The banks know exaclty how to play you. Thats why gold and oil are strong. You could even attribute Bitcoin to the collapse of the "System" due to billions of funds missing or stolen or locked in lost wallets. You litterally are buying thin air. When they fire the e.m.p.s and wipe out the grid and all the HDD/SDD's everything is gone.. 😂😂😂😮
Imagine losing 400 million because your gf was bitching about noise
True story? You forgot the 4 homeland security interviews.
I went to digi cash google search and it’s making me want to sell my 500k in crypto
Miners? LOL!
Garbage. Just making up money? Don’t think so. Unless you are a crook. Oh wait!!
Just a gigolo!
Just another crook! Serves hm right! And there is no money.
quick look and this is my conclusion; look at the now days community, 90% are intentional marxists whom push the dictatorial agenda world wide, 9% accidental marxists, and maybe 1% naive that fall for the ingenious btc promises.
how can this be? maRximalists abroad sell this idea of freedom and justice, get rid of politicians and make the financial system functional and fair, but they themselves go ballistics about the totalitarian putin dictatorship, and worst, the chinese communism.
few months ago while studying btc i had a discussion with a portuguese maRximalist, were he verbally expressed that north korean regime is better than USA way of life, that itself raise for me a red flag. after that a brazilian channel, which is the biggest hub for studying btc and learning how to use it in portuguese language, start pronounce itself also as "more leaned to the real communists than capitalists", note that they also live in USA, not brazil or any other destroyed economy that could be fixed by btc… strange huh?
bottom line is this; i believe that the community will collapse btc in the end. the crypto market is nothing more than a test for totalitarians now, or is it a coincidence the CBDC's threat? china, india, even brazil will test it, and United States republicans are trying to make illegal for the federal government to implement it there. more coincidences, the second biggest hashpower on the blockchain is indo-chinese (chinese miners installed on india), take a guess? as soon as china decide to export their crypto money to the world these miners will shift their power towards the biggest payer. i remember years ago when btc mining was starting to crumble because of high price of electricity and low rewards, people just shut down their operation, only those too leveraged couldnt stop, now imagine china creating their blockchain for yuan (not bricks currency, but chinese only) and paying double the btc can…
btc will inevitably fail because of their toxic community, and most importantly useless one. this initiative has become a tool for dictators and the same globalists as always. the American Dollar still the safer currency out there.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Maria Reyes.