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What is Bitcoin? And Why Should I Care? - Jeremy Allaire @ MIT Bitcoin Club 

MIT Bitcoin Club
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Presentation to the MIT Bitcoin Club on February 11, 2014.
Jeremy Allaire (Founder, CEO, and Chairman of Circle Internet Financial) provides an overview of the problems with legacy payment systems, the core innovations of bitcoin and digital currencies, and current and emerging applications of the bitcoin protocol. He is joined for Q&A by Sean Neville (Founder and CTO of Circle Internet Financial).

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5 сен 2024

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Комментарии : 68   
@CRIresearch
@CRIresearch 10 лет назад
I was there. It was great. Jeremy's passion is powerful, and what's really impressive is how well he understands the world of finance. Nice job Dan for putting this together as well.
@matthewharper8758
@matthewharper8758 7 лет назад
Hi! I need money for my trip around Europe... Can you send some BTC? 1BM1nqQxa2yJt6WPAogxrEftUX9kPuMMii Thanks
@cryptovisuals9182
@cryptovisuals9182 7 лет назад
lol
@broli720
@broli720 10 лет назад
Great stuff. Thanks for posting.
@Matthew_D
@Matthew_D 8 месяцев назад
This video is almost 10 years old. If you think you're late to Bitcoin, you're not. You are still early.
@ChiefYouTubeOfficer
@ChiefYouTubeOfficer 3 года назад
18:55 I never thought about it in that way, that in theory, Bitcoin are divisible up to 8 decimal points, so the 21 million can be divided infinitly
@frankfeng1503
@frankfeng1503 Год назад
Nice to watch this lecture today, Sep. 28 2022
@trojan3740
@trojan3740 10 лет назад
Fantastic talk from an industry thought leader. Would it be possible to view the slides from the presentation?
@craigchalmers3491
@craigchalmers3491 9 лет назад
he is the one who GAVE BIRTH to the INTERNET
@jasonfuerstenberg2241
@jasonfuerstenberg2241 9 лет назад
+jeff sparky Well, at least ColdFusion.
@brandonkelly9887
@brandonkelly9887 10 лет назад
Thank you for this, I supported it before but the information and opinions here really give me a further support. It all makes sense. I'm actually getting involved in Litecoin and Dogecoin as a miner. Missed the boat on Bitcoin. But I feel all of them are a wave of the future in a more centralized economy.
@webby459
@webby459 Год назад
I wonder, do you still think you missed the boat on btc?
@flavius22
@flavius22 Год назад
Ofc. He didnt buy. It was too expensive lol. He mined s8coins lol
@digitizedcurrencygroup915
@digitizedcurrencygroup915 10 лет назад
Thanks of posting ..
@flavius22
@flavius22 Год назад
10 tears later, nothing much changed except price 😅🥂
@AlexSGabor
@AlexSGabor 9 лет назад
CFTC and NY State Banking Commission now treat Bitcoin and its relatives that use the open source currency creator (blockchain tech) as a commodity.
@JasonCline_hello
@JasonCline_hello 10 лет назад
love it, thx
@Leng247
@Leng247 8 лет назад
Amazing stuff
@OviyaNirmala
@OviyaNirmala 9 лет назад
Great
@coinaldo2228
@coinaldo2228 10 лет назад
thx MIT
@mahadeodhumasker2460
@mahadeodhumasker2460 3 года назад
Satoshi Nakamoto found. In. Goa India what do you people think about it
@avidtraveller
@avidtraveller 7 лет назад
Bitcoin meet Burstcoin. A cryptocurrency that deserves your eyeballs and time.
@MarceloFerreira-wg8sq
@MarceloFerreira-wg8sq 10 лет назад
Any new event about bitcoin it's coming ? Also Im not MIT student, there is any way to interact with MIT BITCOIN CLUB? Thanks
@DanElitzer
@DanElitzer 10 лет назад
The MIT Bitcoin Club is co-hosting an event with the Cambridge Bitcoin Meetup Group next week, covering the fall of Mt. Gox: www.meetup.com/Cambridge-Bitcoin-Meetup/events/162219932/
@srheal07
@srheal07 5 лет назад
Where is the open source application for bitcoin
@Dasrecord
@Dasrecord 4 года назад
en.bitcoin.it/wiki/Protocol_documentation github.com/bitcoin/bitcoin
@srheal07
@srheal07 5 лет назад
Where is the legal proof and right to have an open source license
@RajKumar-os4pk
@RajKumar-os4pk 2 года назад
Wow I wish I have watched this video early and earn money 💰
@eliasadams5819
@eliasadams5819 7 лет назад
this is cool
@baltakatei
@baltakatei Год назад
Bitcoin is interplanetary currency that is best introduced after a civilization has discovered spaceflight since long-term mining operations are best suited to use Dyson swarm solar collectors far from planetary habitats.
@craigchalmers3491
@craigchalmers3491 9 лет назад
IM NOT WORTHY IM NOT WORTHY
@ImaginationHobbies
@ImaginationHobbies 9 лет назад
first sentence out of his mouth and hes already politicking.
@ImaginationHobbies
@ImaginationHobbies 9 лет назад
people have such a strong belief in this bitcoin system because they have a good understanding on its processes and how to manipulate it. i dont know about the rest of the world but ive never paid my bank anything. like nothing! why is traditional banking a problem? id rather not spend all my time online trying to solve math problems to make sure i dont go bankrupt or make sure im aligned with everyone else financially -_-
@plasticman2011
@plasticman2011 8 лет назад
banks steal money through inflation. haven't you noticed the cost of living going up year to year?
@johnpalma7265
@johnpalma7265 7 лет назад
plasticman2011: How else are they going to pay their electric bill and the janitor?
@jacksonknox5029
@jacksonknox5029 3 года назад
That's because your lazy and irresponsible😎
@troygeiges
@troygeiges 4 года назад
2020
@JohnFrancisShade
@JohnFrancisShade 10 лет назад
What's MIT?
@JohnFrancisShade
@JohnFrancisShade 10 лет назад
Ah, now Google is something that I'm familiar with. That came out of Stanford. (I was just kidding, +hootis8, because Mr. Allaire made fun of Stanford. I didn't mean to offend you and your fellow alumni.)
@ForceOfWizardry
@ForceOfWizardry 10 лет назад
Its a revolutionary glove for your hands
@slamblambacid
@slamblambacid 10 лет назад
People in Bitcoin community should ask themselves why bittorrent technology never thrived to mainstream. "Applications programming is a race between software engineers, who strive to produce idiot-proof programs, and the universe which strives to produce bigger idiots. So far the Universe is winning" Rick Cook
@slamblambacid
@slamblambacid 10 лет назад
***** As I said..So far the Universe is winning
@LibertarianRF
@LibertarianRF 7 лет назад
Slam Blambacid that's Fuckn hilarious
@jacksonknox5029
@jacksonknox5029 3 года назад
Bitcoin in itself is perfect! Its pure math! But when you introduce joe bob and ray ray into the space ... Well now things get a little bit special😎
@unclemunch
@unclemunch 10 лет назад
will them coins go in the coke machine?
@jacksonknox5029
@jacksonknox5029 3 года назад
Its 2021 and yes dem coins go in the c me machines now via QR
@geeman8372
@geeman8372 8 лет назад
i want to make money of this ...... holla
@brandonkelly9887
@brandonkelly9887 10 лет назад
Jailbreak rawr stop my coinz
@ecapanema
@ecapanema 7 лет назад
altcoins = buffers
@D3Barbaari
@D3Barbaari 5 лет назад
Uh oh .. good to find this old video. So this clears a lot of things why this bald man works for the banksters.
@waddleduck264
@waddleduck264 10 лет назад
#bitcoin www.virtex.com launching soon, great new platform!
@carlhopkinson
@carlhopkinson 10 лет назад
Stanford sucks....go MIT!!!
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