Showing posts with label Electronic money. Show all posts
Showing posts with label Electronic money. Show all posts

Wednesday, February 19, 2014

Coinbase - No Easier Way To Get Started With Bitcoin

The bitcoin logo
The bitcoin logo (Photo credit: Wikipedia)



Are you looking to buy, sell, send or receive bitcoins? Do you want a full featured wallet without all the techy feel? Well, Bloomberg's Businessweek said it best, "there is no better on-ramp to the bitcoin world than Coinbase." And we agree. Usually, with our normal videos we cover just one feature or one idea, but because Coinbase is so easy to use, we can do a bunch. In this video we are going to open an account on Coinbase, send bitcoins to email addresses and bitcoin addresses, receive bitcoins and yes, we're even going to buy and sell some BTC. Amazing.

Even though we will move slowly, chatting the whole way there will still be time left for discussing the pros and cons of the Coinbase system (one that is likely to be imitated around the world. But, we must a agree with Bloomberg, and it leaves us to wonder -- how great it would be if every country had a Coinbase? Enjoy.

https://coinbase.com/

Bigest problem with Coinbase? Well for us, who enjoy learning how bitcoin works, Coinbase keeps us too far removed from the mechanics and the technology. If you're the type who needs to be in full control of your money (you keep your gold in a hole in your back yard) well again, Coinbase isn't for you.

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 : March 1st, 2014.
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Saturday, February 15, 2014

The Truth About Bitcoin

Bitcoin Art
Bitcoin Art (Photo credit: btckeychain)



Stefan Molyneux looks at the rise of Bitcoin and discusses its history, mining, fees, altcoins, regulatory hypocrisy, worldwide awareness, comparisons to gold, anonymous transactions, possible government attacks and what the future holds for the decentralized cryptocurrency.
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Friday, February 14, 2014

Bitcoin 101 - Fun with Brain Wallets (Making and Playing With Them) - Bitcoin Security

The bitcoin logo
The bitcoin logo (Photo credit: Wikipedia)



There's no idea in Bitcoin more science fiction ready than the idea of brain wallets. To actually hold your wealth inside your head (and no where else) is something that can be done only with bitcoins. In this video we set up and play with a number of brain wallets (of course they aren't really brain wallets if we tell everyone the passwords and private keys...but you get the idea). Whether you are a fiction writer or an escaping refugee, this video is for you.

Welcom 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 : January 1st, 2014.

Our Notes:  We are working on a much better and safer way to store your private information so that it's extremely hard for anyone to get no matter what.  It has to do with old technology.  Sometimes that is just the best way.  
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Wednesday, February 5, 2014

Think Bitcoin is the Answer? You Need to Hear the Rest of the Story!

Lincoln memorial cent, with the S mintmark of ...
 (Photo credit: Wikipedia)



Will an alternative currency like Bitcoin solve the problem we face? The answer reveals a much larger problem.

Well worth listening to this radio show.  About starting your own business.  Think this is the wrong time to do it or that the economy is not right?  Think again and realize that this just may be the best time in history to start a business.
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Bitcoin 101 - Bitcoin Vs. Gold - How Bitcoin Could Take Over a Trillion Dollar Market

The bitcoin logo
The bitcoin logo (Photo credit: Wikipedia)



This is the 1st episode in our Big 5 blackboard series -- where we look at five features (likely more in the future) where bitcoin's inherent features could take over five different trillion dollar markets. The video starts with the misconception many people have with the idea of intrinsic value. It turns out that bitcoin is laden with amazing values, all 'inherently' intrinsic. Enjoy.


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Tuesday, February 4, 2014

Bitcoin State of the Union, Podcast News Updates

The bitcoin logo
The bitcoin logo (Photo credit: Wikipedia)






The latest updates on Bitcoin news.  Podcast's you should not miss.  Staying up to date on the news and trends in Bitcoin is no easy task.  We take the trouble out of that by making sure we get you the best news on the market for Bitcoins today.  From the people who are moving and shaking the planet up.  Trends you need to know about now.
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Thursday, January 23, 2014

Bitcoin 101 - Understanding Bitcoin (pt. 3 of 3) - A Beginner's Guide

The bitcoin logo
The bitcoin logo (Photo credit: Wikipedia)



Wikipedia's a great place to start when you want to learn about anything. Trouble is bitcoin is so novel, that most people get even more confused when they read the Wikipedia page. With terms like double spending, decentralized computing and cryptocurrency, it often feels like one might need a PhD just to read wikipedia. Our humble goal is to help you get through the first paragraph and get a full grasp of these terms. So, sit back, relax, in due time you'll be understanding this amazing new currency like a bitcoin insider.

This episode (number three) focuses on PROOF OF WORK.
This video is part two of the three part series

For reference, here's Wikpedia's first paragraph on Bitcoin

"Bitcoin is an open source peer-to-peer payment network and digital currency introduced in 2009 by pseudonymous developer "Satoshi Nakamoto". Bitcoin has been called a cryptocurrency because it uses cryptography to secure funds. Transactions transfer bitcoins, the unit of currency, between Bitcoin addresses derived from cryptographic public keys. To spend the funds associated with an address, a user must broadcast a payment message digitally signed with the associated private key. Transactions are verified by a decentralized network of computers all over the world. Specialized computers use a proof-of-work system to prevent people from copying and spending the same bitcoin multiple times, a problem for digital currencies known as double-spending. The operators of these computers, known as "miners", are rewarded with transaction fees and newly minted bitcoins."

Welcom 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 : January 1st, 2014.
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