Government Briefing or Education On Bitcoin and Bitpay Digital Currency

The bitcoin logo (Photo credit: Wikipedia)

Though we have not used this digital currency as of yet, we happen to like most of the facts and information surrounding Bitcoin and a few of the other digital currencies.  They are not controlled by any governments and it is extremely difficult to manipulate this form of currency, especially by any government of any country.  Here is nearly a two hour video for those who are still not familiar with Bitcoin.  Even though this is a Canadian briefing, it applies to every country in many areas.

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Bitcoin 101 - Calling All APIs - Live Streaming Price Data From Bitcoin Exchanges

The bitcoin logo (Photo credit: Wikipedia)

Confused about APIs and JSON? Looking to run an arbitrage business or build a data intensive site? Well this video is for you. This is the first of our videos looking at programming calls for exchange data. In just a few lines of code, we grab the last price from four exchanges (Btc-e, Kraken, Bitstamp and Bitfinex) and pseudo exchange extraordinaire, Coinbase. James walks you through the first steps of building a live feed of this data.

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Bitcoin Domain Names a Hot Commodity

The bitcoin logo (Photo credit: Wikipedia)

Bitcoin Domain Names a Hot Commodity (via PRWeb)

Bitcoin abbreviation, BTC.com, listed for sale via Domain Guardians For Bitcoin related companies, BTC.com is the best domain name currently available for sale... Brisbane, QLD (PRWEB) June 12, 2014 Domain Guardians, a leading premium domain name broker…

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Bitcoin 101 - What is Bitcoin? - A Beginning Video for Bitcoin New Comers

The bitcoin logo (Photo credit: Wikipedia)

Having trouble understanding Bitcoin as a beginner? Well, even Bitcoin's anonymous developer, Satoshi Nakamoto, commented on how difficult it is to explain Bitcoin to a beginner.

But we've been teaching Bitcoin for over a year now and we're starting to figure it out. This video is the result of a talk we did at Harvard University in April 2014 for Bitcoin beginners. Many of them mentioned that this talk helped them to finally understood the basic idea and we hope it works for you too. Even better, it is a story, covering the failures and difficulties of creating a digital currency, so for non-techies it is more accessible as well.

Our Notes:

A new video but an old story for people on this site.  The news of Bitcoin continues to grow and more people are becoming very interested in all of the potentials behind this digital currency, and all for good reason, so we take those new to the trend back to the very beginning.
 

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Bitcoin 101 - The Nightmare of a 51% Attack - Part 1 - Calculating The Costs

The bitcoin logo (Photo credit: Wikipedia)

Proof of work is a new technology, and it has amazingly protected Bitcoin for five plus years. Still, there may be no greater point of weakness in Bitcoin. While a 51% attack doesn't appear to offer a lot of financial gain, monetary gain may not be the motive of the attacker. In part one, we go through a cost analysis of the current hardware needed to launch a successful 51% attack to get a better picture how much it might cost. Unfortunately, the numbers are lower than expected, and most of the previously published values come in three to fifty times higher than actuality. In part two we will talk more about what an attacker might be able to do (double spending is not the worse tool at their disposal) and we prod at some possible solutions. Stay tuned.

Welcome to WBN's Bitcoin 101 Blackboard Series -- a full beginner to expert course in bitcoin. We hope you enjoy. And remember the official WBN launch is coming up : July 1st, 2014.

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Bitcoin - Virtual Worlds, Real Money UNCUT - Podcast

English: Richard Garriott, creator of the computer role-playing game series Ultima (Photo credit: Wikipedia)

Adam sits down with Richard Garriott about money, games, cryptocurrency, the intersection between games developers and national governments, Valve's publish-as-a-protocol.

This is the full length version of the interview and includes a discussion of LTBcoin.

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Bitcoin - Charlie Lee Talks About Litecoin & BTC China w/Tai Zen & James D'Angelo

The bitcoin logo (Photo credit: Wikipedia)

Some very interesting news about Litecoin and China now trading with that electronic currency for now.  Hard to say what will come of Bitcoin in the near future with China.

Abby Martin speaks with Andreas Antonopoulos, founder of Root Eleven and co-host of let's Talk Bitcoin, discussing how Bitcoin works, and why it's so important to have a decentralized system of money.

Present value of a single Bitcoin as of this post.  $564.09

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