Bitcoin explanation

875 22 6 22 6 bitcoin explanation. This video explains how Bitcoin works in 3 minutes.

Directed, Designed and Animated by Duncan Elms – duncanelms. Written and Voiced by Marc Fennell – marcfennell. Sound Design by Sebastian Oliwa – oliwa. Or you can use the Vimeo tip jar. Bitcoin is constantly changing, therefore some of the stats may not be up to date.

For more info please see en. We encourage you to share this video under the condition you embed it from this source and use the credits from above. Drop it like there’s a box underneath it. We’re sitting on a park bench.

I have one apple with me, I give it to you. You now have one apple and I have zero. My apple was physically put into your hand. We didn’t need a third person there to help us make the transfer. I can’t give you another apple because I don’t have any left. The apple left my possession completely. You have full control over that apple now.

You can give it to your friend if you want, and then that friend can give it to his friend, and so on. So that’s what an in-person exchange looks like. But I’m getting ahead of myself. Now, let’s say I have one digital apple.