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00-intro.mp4 filter=lfs diff=lfs merge=lfs -text
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---
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background: ukulele-1 0.5 fade-in fade-out
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voice: edward
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size: 720p
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transition: crossfade 0.1
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theme: theme.css
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---
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(canvas: white)
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```md
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# Educational Bitcoin videos
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```
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Welcome to educational Bitcoin videos. The purpose of this course is to provide an introduction to Bitcoin. It is divided into three bigger parts, each consisting of three or four smaller short videos. You can consume these videos easily when you have a bit of free time and rewatch them for better understanding.
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(pause: 1)
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---
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```md
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* Theory of Bitcoin
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* Bitcoin on a mobile phone
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* Bitcoin on a secure device
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```
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(duration: 1)
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---
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```md
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* Theory of Bitcoin
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* Bitcoin on a mobile phone
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* Bitcoin on a secure device
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```
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(callout:
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type: rectangle
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left: 320
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top: 270
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right: 960
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bottom: 330)
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Part one is about the theory of Bitcoin. What it is or isn't, what you can do with it or can't do with it, and what you should or shouldn't do with it.
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(pause: 1)
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---
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```md
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* Theory of Bitcoin
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* Bitcoin on a mobile phone
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* Bitcoin on a secure device
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```
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(callout:
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type: rectangle
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left: 320
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top: 330
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right: 960
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bottom: 390)
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Part two is about using Bitcoin on your mobile phone.
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(pause: 1)
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---
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```md
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* Theory of Bitcoin
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* Bitcoin on a mobile phone
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* Bitcoin on a secure device
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```
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(callout:
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type: rectangle
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left: 320
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top: 390
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right: 960
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bottom: 450)
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Part three is about using Bitcoin with a secure device.
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(pause: 2)
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---
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background: ukulele-1 0.5 fade-in fade-out
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voice: edward
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size: 720p
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transition: crossfade 0.1
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---
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# Part 1, Bitcoin analogies
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Bitcoin is unlike anything that has existed before, but from some points of
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view it is similar to things we are already familiar with. In this video some
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of these similarities are introduced and Bitcoin will be compared to things you
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already know.
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## Bitcoin is like digital money
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This is the most obivious analogy. Bitcoin is a form of value that can is
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identified by its digital properties.
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## Bitcoin is like digital gold
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Another often used analogy. Bitcoin is used as a store of value. It is
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scarce. It is expensive to produce. It is a commodity, what is Bitcoin isn't
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determined by a law or by a contractual arrangement.
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## Bitcoin is like the brain
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Similarly as a brain consists of cells, Bitcoin consists of nodes (computers).
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The functionality of the brain isn't located in any single cell, but in the
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cells working together. Each node contains the exact copy of a consensus, like
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each cell contains a DNA. Bitcoin's nodes also work together to form Bitcoin.
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## Bitcoin is like a central bank
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Just like central bank has a ledger recording how much money is created, how
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much there is in each account and how it is transferred between the accounts,
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Bitcoin also has a record of these events. The main difference is that a
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central bank is, well, centralized, having a formal group of people making
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decisions, Bitcoin is decentralized and there is no such group of people.
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## Bitcoin is like the internet
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Internet allows people to connect their computers together and exchange
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information. Bitcoin allows people to connect their computers and exchange
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value.
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## Bitcoin is like an auditor
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Bitcoin has thousands and tens of thousands of computer verifying all the times
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that the records are adhering to the rules.
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## Bitcoin is like the economy
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---
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background: ukulele-1 0.5 fade-in fade-out
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voice: edward
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size: 720p
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transition: crossfade 0.1
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---
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Why Bitcoin and not shitcoin?
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Money tends to have a single winner. People need to be convinced that someone
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