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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EBay Asks Users to Change Password After Breach

Image via CrunchBase

E-commerce site eBay is asking users to change their password after a cyberattack compromised a database containing encrypted passwords. (May 21).

From AP news.  

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Levi's CEO Says Don't Wash Your Denim

 (Photo credit: Wikipedia)

Denim aficionados claim you should never wash your jeans, instead freeze them once a month..  ABC News.

Our Notes:  Now here is one way to go green.  Stop washing your cloths altogether.  If you do not have to wash your jeans, why should you have to wash any other cloths?  Don't play in the dirt and stay away from anything greasy or grimy.  If your cloths smell, blame it on top fashion experts.  In fact, it will probably become fashionable to not wash cloths or yourself as part of going green here in the future.  If you can offend a skunk with your own body odor, then you have hit the peak of fashion.

  I think we will stick to the orange philosophy and keep showering as if water were plentiful everywhere.  Wait, it is.  Now go wash your smelly jeans.

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Teen Faces Life Sentence for Pot Brownies

Jacob Lavoro, 19, has been charged with a first-degree felony and faces 5 years to life in prison.  ABC News.

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GM under fire following massive recall

Sequel, a hydrogen fuel cell-powered vehicle from General Motors. (Photo credit: Wikipedia)

General Motors adds 200,000 more cars to its list of recalled vehicles, making it the 29th recall in five months.  From CNN News.  

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Major child porn ring busted

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A cop, Rabbi and scoutmaster are among the 71 people New York authorities arrested in connection to a child porn ring.  From CNN News.

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Obama's remarks on Veterans Affairs

(Photo credit: Wikipedia)

May 21, 2014 11:34 AM EDT — President Obama discussed the ongoing investigations into allegations against the Department of Veterans Affairs at a news conference on Wednesday, following his meeting with Sec. Eric Shinseki and White House Deputy Chief of Staff Rob Nabors. (Sarah Parnass / The Washington Post)

http://www.washingtonpost.com/posttv/national/obamas-remarks-on-veterans-affairs-in-less-than-3-minutes/2014/05/21/50f3f5b0-e0fe-11e3-9442-54189bf1a809_video.html

Link back to original story located at the Washington Post TV channel.

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