Bitcoin Q&A: What Happens to Transaction Fees when the Block Reward is Zero?
[AUDIENCE] You were talking about the incentives with proof-of-work. Do you [think that] when the block goes down to zero, that people will still mine at the same level? Will…
Bitcoin Q&A: Energy Consumption
[AUDIENCE] I want to ask you about the energy consumption in mining. [ANDREAS] Yes? [AUDIENCE] What is the solution for it? [ANDREAS] Well, energy consumption in mining is — I…
Please Explain Bitcoin to My Mother! [A non-technical explanation of bitcoin anyone can understand]
Amber asks, "Could you explain Bitcoin to my mum? I ask because I want this video to exist for my mum… and everyone like her, who wants to understand the…
Bitcoin Q&A: What is Mining?
[HOST 1] There has been a lot of talk about bitcoin mining as a way to get rich. [ANDREAS] Bitcoin mining is probably the worst way to try to get…
Bitcoin Q&A: What is Mining?
[HOST 1] There has been a lot of talk about bitcoin mining as a way to get rich. [ANDREAS] Bitcoin mining is probably the worst way to try to get…
Bitcoin Q&A: How Much Bitcoin Do You Have?
[AUDIENCE] I am a novice in all of this cryptocurrency stuff. [ANDREAS] Welcome! [AUDIENCE] It is interesting to hear what you are saying. Clearly you are a huge believer [in…
Bitcoin Q&A: How Much Bitcoin Do You Have?
[AUDIENCE] I am a novice in all of this cryptocurrency stuff. [ANDREAS] Welcome! [AUDIENCE] It is interesting to hear what you are saying. Clearly you are a huge believer [in…
Bitcoin Q&A: What are PayNyms?
"How do BIP-47 reusable payment codes work?" Now we go to the other end of the technical questions. This is not an easy one to explain. BIP-47 reusable payment codes…
Bitcoin Q&A: What is Mining?
[HOST 1] There has been a lot of talk about bitcoin mining as a way to get rich. [ANDREAS] Bitcoin mining is probably the worst way to try to get…
Bitcoin Q&A: Initial Blockchain Download
Becker asks, "Downloading the blockchain…" This is a beginner's question, very good. Thank you for asking beginner's questions, that is really useful. There are a lot of people who need…