Bitcoin in 3 minutes or less.

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Bitcoin in 3 minutes or less…
What is Bitcoin?
We all know how the maniac about Bitcoin is going right now. What is Bitcoin that is driving everyone crazy?
It is a digital currency
It is a peer-to-peer decentralized electronic cash system
It has some similarities to the paper money (fiat currency)
It doesn’t have a physical property like paper money
It works squarely on digital accessories (computers, smart phones, tabs, pads…)
It is powered by Blockchain Technology
It is finite (21, 000, 000) total circulating supply and as at the time of this post, 17, 000, 000+ in circulation.
New coins are been generated through mining and the last Bitcoin to be mined will be by year 2140.
The Bitcoin circulation halves every four years. The last halving was in the year 2016.
Why Bitcoin?
It can be moved easily.
It solve the issue of cross border payment
It can’t be controlled/manipulated by the government.
If you love this video, why don’t you check my full video on Bitcoin.
In this video, I started from the era of wanderers and how they were able to solve the issue of exchange. How the society grew from few nomadic tribe to empires, how they were able to come up with unique solution to solve the issue of exchanging goods and services. The role Bitcoin will play in this era of Information Technology.
See you on the next video!
Ayobami #silveretblack

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