Video: Bitcoin Primer – Bitcoin Economy, Mining, Exchanges, and More
Bitcoin Primer Video
Below is a short Bitcoin primer video. The video provides an overview of Bitcoin, the decentralized digital currency taking the world by storm.
The film was directed, designed and animated by Duncan Elms, written and voiced by Marc Fennell - a personal project done between other jobs. More info at Vimeo.
The narration and illustration does a great job of explaining Bitcoin, discussing:
- The difference between Bitcoin and fiat currencies
- What Bitcoin mining is and how many Bitcoins have been mined
- How Bitcoin is a self-stabilizing economy
- Bitcoin exchanges including Mt. Gox
- The Silk Road
- Who accepts Bitcoin as cash
- MintChip
The video is out of date in terms of the price of Bitcoin because of the massive growth and subsequent bubble bursting, but otherwise an excellent Bitcoin primer.
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