From 7a70f4b442f9e2adfaa665feb9711385009d3857 Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?Peter=20=C5=A0urda?= Date: Fri, 24 Dec 2021 10:00:44 +0800 Subject: [PATCH] Part 3 video - also minor updates --- .gitattributes | 1 + 00-intro.mp4 | 4 +-- 02-principles.md | 6 ++-- 03-faq.md | 82 ++++++++++++++++++++++++++++++++++++++++++------ 03-faq.mp4 | 3 ++ 5 files changed, 82 insertions(+), 14 deletions(-) create mode 100644 03-faq.mp4 diff --git a/.gitattributes b/.gitattributes index dee9958..31c67c3 100644 --- a/.gitattributes +++ b/.gitattributes @@ -2,3 +2,4 @@ p2p.mp4 filter=lfs diff=lfs merge=lfs -text 00-intro.mp4 filter=lfs diff=lfs merge=lfs -text 01-analogies.mp4 filter=lfs diff=lfs merge=lfs -text 02-principles.mp4 filter=lfs diff=lfs merge=lfs -text +03-faq.mp4 filter=lfs diff=lfs merge=lfs -text diff --git a/00-intro.mp4 b/00-intro.mp4 index c4bff0c..98922c6 100644 --- a/00-intro.mp4 +++ b/00-intro.mp4 @@ -1,3 +1,3 @@ version https://git-lfs.github.com/spec/v1 -oid sha256:a374360792d8ceefef33b10879929923b906a8f3f9b64c422516682d82095be1 -size 1296388 +oid sha256:df78986ba2bc1ed9cc4461098031edbfea659667804148400eae745b3a82c54d +size 1370704 diff --git a/02-principles.md b/02-principles.md index 06c0b90..43b12a9 100644 --- a/02-principles.md +++ b/02-principles.md @@ -7,11 +7,11 @@ theme: theme.css --- ```md -# The five principles of Bitcoin -What to do and what not to do +# Part 2 +The five principles of Bitcoin ``` -# The five principles of Bitcoin. +# Part 2, The five principles of Bitcoin. What to do and what not to do. diff --git a/03-faq.md b/03-faq.md index 3655564..22058c8 100644 --- a/03-faq.md +++ b/03-faq.md @@ -3,21 +3,85 @@ background: ukulele-1 0.3 fade-in fade-out voice: brian size: 720p transition: crossfade 0.1 +theme: theme.css --- -Why Bitcoin and not shitcoin? +(pause: 1) -Money tends to have a single winner. People need to be convinced that someone -won't suddenly produce more money, or redistribute existing money. +```md +# Part 3 -The Vision +Frequently asked questions +``` +# Part 3 +Frequently asked questions +(pause: 2) +--- -Bitcoin theft: -Using bitcoin properly is like using a door lock properly. If you have a door -lock on your door but forget to lock, then you can still be burglarized. If you -then complain, well, I had a lock, I thought it was used to protect me, how -come it didn't work? It didn't work because you didn't use it correctly. +```md +# Why won't something else replace Bitcoin? +``` + +Why won't something else replace Bitcoin? + +(pause: 1) + +In order for something to replace Bitcoin for saving, it would need to +provide similar and even better properties. While some "cryptos" are also easy +to transport and scarce, none of them have the level of decentralisation of +Bitcoin, and that means their rules could change when under attack. + +The decentralisation of Bitcoin goes beyond the mere technical and +organisational. There is also a culture of decentralisation, which acts against +attempts to centralise. There could be something else in the future which is +better than Bitcoin, but as time goes on it is less and less likely. It is less +likely now than it was five years ago, for example. + +(pause: 1) + +--- + +```md +# Why do I hear all the time about Bitcoins being stolen? +``` + +If Bitcoin is so secure, why are there so many reports about people losing +their money? + +(pause: 1) + +In order to benefit from Bitcoin security, you need to follow the five +principles of Bitcoin mentioned in an earlier video. Usually, when you hear +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 +know what they are doing, they left it in an unsecured computer, or their keys +got damaged beyond repair. It's similar to someone putting a massive lock on +their house door, but then leaving the lock open when leaving the house. + +(pause: 1) + +--- + +```md +# 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 +elecrticity bill? + +(pause: 1) + +When Bitcoin was originally launched in early 2009, there was only one software +doing all the work. Gradually, specialised software developed for the +individual activities involved in the network. The, nodes, verify the ledger +and enforce the rules. The, wallets, keep your private keys secure and initiate +transfers on your behalf. And finally, miners, which consume elecricity and +provide security for Bitcoin. In the meantime, mining is a business like any +other. Miners run in data centers and in special containers which can move to +wherever cheap energy is available. + +(pause: 1) diff --git a/03-faq.mp4 b/03-faq.mp4 new file mode 100644 index 0000000..7c7308a --- /dev/null +++ b/03-faq.mp4 @@ -0,0 +1,3 @@ +version https://git-lfs.github.com/spec/v1 +oid sha256:bb00e156b197bbbc50a68ec14991bfed2f0350db23f821bda70ea132b2a220ee +size 4228709