The disruptive backboneof cryptocurrency is called blockchain. When using traditional...
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The disruptive backbone
of cryptocurrency is called blockchain. When using traditional money,
government-chartered banks keep track
of all electronic transactions. But blockchain software takes
your entire financial ledger and records it across a massive,
open network of computers. Bitcoin is an attempt
to separate money and state, kind of like, how the separation
of church and state was a sort of pivotal change
in human history
of cryptocurrency is called blockchain. When using traditional money,
government-chartered banks keep track
of all electronic transactions. But blockchain software takes
your entire financial ledger and records it across a massive,
open network of computers. Bitcoin is an attempt
to separate money and state, kind of like, how the separation
of church and state was a sort of pivotal change
in human history
Full Transcript
00:00:01.000 --> 00:00:03.252
The disruptive backbone
of cryptocurrency
00:00:03.335 --> 00:00:05.087
is called blockchain.
00:00:05.017 --> 00:00:07.881
When using traditional money,
government-chartered banks
00:00:07.965 --> 00:00:10.426
keep track
of all electronic transactions.
00:00:10.509 --> 00:00:13.762
But blockchain software takes
your entire financial ledger
00:00:13.846 --> 00:00:17.683
and records it across a massive,
open network of computers.
00:00:17.766 --> 00:00:21.061
Bitcoin is an attempt
to separate money and state,
00:00:21.145 --> 00:00:22.521
kind of like,
00:00:22.604 --> 00:00:24.189
how the separation
of church and state
00:00:24.273 --> 00:00:28.569
was a sort of pivotal change
in human history.
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Movie Summary
It showcases a series of events that unfold over six years. An impulsive one-time gathering, turns into an annual event.
