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What is Bitcoin?

“I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.” 1999, Milton Friedman, Nobel Prize winner in economics

Learning Objective

Know what challenges our current financial system is facing.
Understand what Bitcoin is and gain insights into how it works.
Have learned what advantages Bitcoin has over traditional currencies and what challenges it is currently facing.

Challenges of fiat money

3 minutes Youtube Video by dacade
In this video, we discuss currencies and the challenges that needing to trust authorities might pose.

Introducing Bitcoin

3 minutes Youtube Video by dacade
In this video, we will give you a brief history of Bitcoin and introduce you to the most important concepts of this 'decentralized' currency.

Advantages and challenges of Bitcoin

4 minutes Youtube Video by dacade
In this video, we discuss the advantage and challenges of Bitcoin.