But, we could've known. You see, there's a way to verifiably destroyyour bitcoins. It's...
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But, we could've known. You see, there's a way to verifiably destroy
your bitcoins. It's called burning the coins, and it's done in a public way
for all to see... ...on the blockchain. You could burn all the coins because that would remove the
small uncertainty that exists
your bitcoins. It's called burning the coins, and it's done in a public way
for all to see... ...on the blockchain. You could burn all the coins because that would remove the
small uncertainty that exists
Full Transcript
00:00:01.000 --> 00:00:02.918
But, we could've known.
00:00:02.918 --> 00:00:04.294
You see, there's a way
00:00:04.294 --> 00:00:07.047
to verifiably destroy
your bitcoins.
00:00:07.047 --> 00:00:09.174
It's called burning the coins,
00:00:09.174 --> 00:00:12.999
and it's done in a public way
for all to see...
00:00:12.999 --> 00:00:14.638
...on the blockchain.
00:00:16.807 --> 00:00:18.035
You could burn all the coins
00:00:18.035 --> 00:00:21.687
because that would remove the
small uncertainty that exists.
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Movie Summary
Cullen Hoback investigates the origins of Bitcoin and its anonymous creator Satoshi Nakamoto, exploring the potential of this cryptocurrency on the global financial system and who could hold immense power if it became mainstream.
