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Bitcoin_educational_videos
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Peter Šurda 2021-12-24 10:13:12 +08:00
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00-intro.md
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subtitles: embed
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01-analogies.md
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voice: brian voice: brian
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02-principles.md
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```md ```md
@ -144,7 +145,7 @@ According to a recent news report, 69 year old Esther Freeman decided to sell
some of her Bitcoins. Her bank, however, refused to allow her to deposit the some of her Bitcoins. Her bank, however, refused to allow her to deposit the
900000 shekels from the sale, citing risks of money laundering and terror 900000 shekels from the sale, citing risks of money laundering and terror
financing. Mrs. Freeman had to sue the bank in the court. In the meantime, she financing. Mrs. Freeman had to sue the bank in the court. In the meantime, she
has 900000 virtual shekels she can't use, i.e. nothing. has 900000 virtual shekels she can't use, i.e., nothing.
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03-faq.md
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Frequently asked questions Frequently asked questions
``` ```
# Part 3 # Part 3, Frequently asked questions
Frequently asked questions
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@ -30,9 +29,9 @@ Why won't something else replace Bitcoin?
(pause: 1) (pause: 1)
In order for something to replace Bitcoin for saving, it would need to In order for something to replace Bitcoin for saving, it would need to provide
provide similar and even better properties. While some "cryptos" are also easy similar and even better properties. While some "cryptos" appear to be scarce
to transport and scarce, none of them have the level of decentralisation of and easy to transport, none of them have the level of decentralisation of
Bitcoin, and that means their rules could change when under attack. Bitcoin, and that means their rules could change when under attack.
The decentralisation of Bitcoin goes beyond the mere technical and The decentralisation of Bitcoin goes beyond the mere technical and
@ -54,7 +53,7 @@ their money?
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In order to benefit from Bitcoin security, you need to follow the five In order to benefit from Bitcoin's security, you need to follow the five
principles of Bitcoin mentioned in an earlier video. Usually, when you hear principles of Bitcoin mentioned in an earlier video. Usually, when you hear
about Bitcoins being stolen, the people involved violated principle number two: about Bitcoins being stolen, the people involved violated principle number two:
not your keys, not your coins. They entrusted their keys to someone who doesn't not your keys, not your coins. They entrusted their keys to someone who doesn't
@ -70,8 +69,8 @@ their house door, but then leaving the lock open when leaving the house.
# If Bitcoin consumes a lot of electricity, do I also have to do that? # If Bitcoin consumes a lot of electricity, do I also have to do that?
``` ```
If Bitcoin consumes a lot of elecricity, do I have to worry about my If Bitcoin consumes a lot of electricity, do I have to worry about my
elecrticity bill? electricity bill?
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03-faq.mp4 (Stored with Git LFS)
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