Bitcoin Explained - a video explaining the decentralized digital cryptocurrency Bitcoin
Duncan Elms
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CC BY-SA 3.0 · Duncan Elms
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About
A video providing an explanation of Bitcoin. It explains how new bitcoins are generated (mining). It also gives information about Bitcoin exchanges (it mentions Mt.Gox by name).
The video also gives information about where bitcoins can be spent. It mentions the black market Silk Road, WordPress and WikiLeaks donations.
Some information in the video is slightly outdated. The reward for mining a new block is currently 25 BTC, it was 50 earlier.
The value of one bitcoin in USD has changed as well. The current exchange rate is available here.
The amount of bitcoins in circulation is changing constantly as well. The current amount is available here.
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- Wikimedia Commons, in Wikimedia Commons
- Licence or status
- CC BY-SA 3.0, as the Wikimedia Commons states it.
- Rights statement
- Creative Commons Attribution-Share Alike 3.0
- Credit
- Duncan Elms
- Who can watch
- The archive gives no rating. Invisible Network shows it to Teens profiles and older, judged from its collection and subjects. How films are placed
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