The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)

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Күн бұрын

What is bitcoin? Explain ethereum like i'm five? Let's discuss the latest cryptocurrency news for bitcoin, ethereum, altcoins, & MORE! SLAP THE LIKE BUTTON! 👋
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TimeStamps:
00:00 Intro
00:17 What Is Bitcoin? - Simply Explained
06:27 Web1 vs Web2 vs Web3 - Simply Explained
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Пікірлер: 1 200

@AltcoinDaily 4 ай бұрын

Get up to a $30,000 Deposit Bonus by signing up with the link below ⬇ Trade, Buy, Sell Crypto with our partner Bybit partner.bybit.com/b/altcoindaily

@iloveeverything4380 3 ай бұрын

What even is a deposit bonus

@TravisMcGee151 Ай бұрын

@@iloveeverything4380Perfect for drug dealers.

@Joegolberg1 11 күн бұрын

Please i will like to invest in bitcoin or crypto but I don't know how to go about it. Any advice?

@WiolciaMrozowska531 9 күн бұрын

I suggest consulting Walter James Henry for guidance

@Benjaminarmstrong684 9 күн бұрын

I suggest consulting Walter James for guidance

@Benjaminarmstrong684 9 күн бұрын

Mr Walter James is highly recommended

@Benjaminarmstrong684 8 күн бұрын

HE’s ON T E L E G R A M

@Benjaminarmstrong684 8 күн бұрын

@Gainwithwalter7

@risitobal Ай бұрын

Can anyone explain AMS99T?

@genegrant4332 23 сағат бұрын

Shit coin bots spout about in every coment thread

@BurntRaisinToast 11 сағат бұрын

Sure - it’s a worthless Ponzi scheme - just like every other cryptocurrency that’s ever been coded.

@mattjohnson7198 7 ай бұрын

I never knew Leon Trotsky was such a Bitcoin bull. Learn something new everyday.

@DavidWhite-dc3zw 3 ай бұрын

You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.❤️

@Raphaelsmith-ri6fb 3 ай бұрын

it's obvious. a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to stay poor

@DesTiny-jh4cn 3 ай бұрын

@@Raphaelsmith-ri6fb I agree but finding a professional for guidance ain't as easy as it sounds. cause I've been searching for one

@MarkLawrence-pr3sj 3 ай бұрын

Well I must say people are scared because there are so many unprofessional brokers out there.

@workjax 3 ай бұрын

I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Kate

@SavAge-rn4rb 3 ай бұрын

Any specific guide. I'm from Georgia how do I go about this? I think I'm interested how can I get in touch

@ciddyboy718 8 ай бұрын

0:29 I love how se stared at them and firmly stated "public"

@pausereflect5911 2 ай бұрын

And not having one point of failure!

@susanjohnson2941 8 ай бұрын

Again, great reporting guys!! You show what needs to be shown. I've been watching you for about a year now and have learned so much. Keep going!

@tinydanceryoutube 6 ай бұрын

Fake money. Wow.

@jimd8152 3 ай бұрын

@@tinydanceryoutube like your dollar is worth anything. lol

@evb1601 8 ай бұрын

That was great! I'm sharing it for sure. Thank you.

@AppexTravel 6 ай бұрын

Thanks so much for the explanation.

@Cryptokidda500K 5 ай бұрын

Best vid I’ve seen for while sent to family 👍🏻

@rebeldeperulibre6059 3 ай бұрын

I believe Bitcoin is here to stay👌

@nevbillett7554 Ай бұрын

I believe it is doomed

@CharlieMoneyPH1 8 ай бұрын

It is good that you uploaded these two videos about Bitcoin. It helps us to remind ourselves why we are here in this Space. 100 stars and thumbs up!

@alfredom877 6 ай бұрын

Btc is not Bitcoin tho.

@Maccattack56 5 ай бұрын

You gotta love the look on Mr. Crapo , very appropriate name. 😂😂.

@bnava077 8 ай бұрын

Mr. Brooks representing from my hometown Pueblo Colorado 👊🏻

@lisarogers1392 Ай бұрын

Wish he didn't talk so fast

@presence5426 Ай бұрын

Mr. Crapo is from my hometown Schitt Creek, Arkansas.

@talhapasha9589 5 ай бұрын

what a mind blowing explanation boss. salute to all of you

@manorexia1964 8 ай бұрын

I showed this video to my dog, now he’s a dawg 😂

@ericyuan9718 8 ай бұрын

I actually needed that web3 description.

@ZidaneSteiner 8 ай бұрын

Except he described Ethereum as a security.

@Razur1 8 ай бұрын

@@ZidaneSteinerethgate

@ReneSalasDesign 8 ай бұрын

@@ZidaneSteinersounded nothing like a security

@ddenozor 5 ай бұрын

No he described Ethereum as an operating system kinda like iOS,Windows or Android and there are many others that can be built on that system like apps.@@ZidaneSteiner

@pik_santos 3 ай бұрын

Gotta remind again the fundamentals. Ahead of a Bull market. Dont sell your bitcoin. Hodl. Stay strong.

@hyrumnielsen4390 2 ай бұрын

You were dead on!

@flawed0007 25 минут бұрын

Bro but btc has no internaal value why will it go up

@markbadger265 6 ай бұрын

Thank you sir for your exacting explanation 😊

@anonymcrypto 5 ай бұрын

good that you uploaded these two videos about btc

@tn3294 8 ай бұрын

Wow ! Listen to that young man schooling those old folks....... so articulate

@jeanpaul4100 8 ай бұрын

I have yet to see a young man " school" an old folk at anything. Most could not pick out europe on a map.

@OMGWUNSIU 3 ай бұрын

BTC is God.

@zerocool1054 8 ай бұрын

Best video in a long time, more of this please.

@jestjim3608 8 ай бұрын

Another great one. This explanation was very succinct. Will share. Thx Austin. Peace! ✌️♥️

@AKLSWISS 3 ай бұрын

Super Video. Sehr interessante Interview Partnerin. Danke.

@pahlawanbertopeng4997 8 ай бұрын

awesome! I'm sharing this to my fam

@allenballek4311 8 ай бұрын

🎯 you guys did great with this video. Very informative and educational. -Thank you

@AltcoinDaily 8 ай бұрын

Glad it was helpful!

@simplemind7 8 ай бұрын

Commonwealth : Mr. Powell what's BTC? Mr..Powell: It's our worse nightmare.

@TheBoomtown4 3 ай бұрын

🥴

@user-uo3wj6ky5s 2 ай бұрын

Best vid I’ve seen for while sent to family

@dylanschwizer8102 4 ай бұрын

Perfect Message in a short way

@GeorgeKauper 8 ай бұрын

Great Content as usual!

@kunalvm 5 ай бұрын

The problem is.. how do we know the right market cap for these tokens??

@TheBoomtown4 3 ай бұрын

@nicaye1918 8 ай бұрын

Private chokepoints to interaction....... well said, very well said

@Marsh1983 8 ай бұрын

Any reputable books I can read and understand on web3?

8 ай бұрын

Who else is ready for the bull run? 👇🏽

@mandatorymyocarditis 8 ай бұрын

Not yet. Need to keep stacking

@Johnnodonoughue 8 ай бұрын

Not yet, hoping for Black rock and other big players to crash it all. Desperately want to stack at even lower prices 🤞🏻🤞🏻🤞🏻

@climatebeef 8 ай бұрын

Does someone wanna buy a kidney?

@ravenklapper3121 8 ай бұрын

@@Johnnodonoughue I don't know? Might think about DCA in now may not go much lower, who knows for sure?

@mandatorymyocarditis 8 ай бұрын

@@climatebeef what's your price?

@ZokStar1 8 ай бұрын

He forgot to mention that not only do you need a computer and a internet connection. A Bank account and a digital wallet is also needed.

@OGcryptonite 8 ай бұрын

You don’t need a bank account, and BTC wallets are free….You pay fees when you transact…BTC is too expensive to transact in, and too slow in Transactions Per Second

@ZokStar1 8 ай бұрын

@@OGcryptonite You STILL NEED a Bank account mate. How else are you going to buy your BTC. You can only buy BTC with FIAT fake money to start off. Once you have your BTC in your FREE wallet. You can transact. But as you said it's too expensive.

@prefixsuffix 8 ай бұрын

And electricity.... If there is a blackout, how can you trade / transact ?

@investorbettor505 8 ай бұрын

No you do not need a bank account especially in underdeveloped countries in Africa, Asia and South America. You only need a bank account to turn crypto into Fiat if you choose to which will be much more common in Europe/US where their fiat currency still has value and governments are not a dictatorship

@OGcryptonite 8 ай бұрын

@@ZokStar1 XRP

@AMBecosystem 5 ай бұрын

Cool.. Thnx.. Ultra micro caps for face melting returns OXS (oxbull), 2080 (game on solana and NEON). other microcaps:SERSH, CARAT, INFRA, ELDA, MORA

@marklane870 8 ай бұрын

Loved this back when

@davidbermudez7704 8 ай бұрын

In a nutshell, Bitcoin is like a bank in your own pocket via a device such as a Smartphone. You are your own bank!

@jesboogie 8 ай бұрын

Exactly!

@Einnor084 4 ай бұрын

Private Banking, has been around, ever SINce blacksmithz took n Private Gold Reservez & issued IOUz, n xchange

@Jerkasoid 4 ай бұрын

No electricity, no money. Cyber hack, Good Lord Knows. Lose, forget password, all is gone. Please publish a list of vendors, service providers, gas stations, grocery stores, car repair shops, etc. that accept cryptocurrency (Bitcoin).

@jamesrichardson1 6 ай бұрын

How do you determine value??

@theekman 5 ай бұрын

Free market will determine that

@Queensraces 8 ай бұрын

Nice short video ty

@L0rdjaggi 2 ай бұрын

5:36 grumpy fellow ain't he.

@lancashireninja1584 8 ай бұрын

They went back to 1976 to get that guy😂!

@Onmyjourney65 8 ай бұрын

great video sure wish they were all explained that simply. :)

@kamsable 25 күн бұрын

Mr. CrapO as a chairman just made my day 😂

@Lenol211 5 ай бұрын

I hope my family can understand this again

@damiancallender6621 8 ай бұрын

Damn. That was a good explanation 🔥

@indiablackwell 8 ай бұрын

Okay, so how does it work? It value seams to still be based on speculation and not as a working currency. Is there a community that uses bitcoin to make and trade purchases?

@rickwilliams1204 7 ай бұрын

Sometimes and sometimes it is taken away. For example Tesla and other automobile companies. It is not stable yet

@AEGISAOE 3 ай бұрын

make one vid about how to create ur first wallett and so

@antoinesimeon728 8 ай бұрын

SBF changed my life too. Ima brokeass now😮‍💨

@JaimeWarlock 8 ай бұрын

Some people prefer to learn through education, others prefer to learn through experience. Not your keys, not your coins.

@mrpanda2432 8 ай бұрын

Best explanation I’ve heard in ages.

@STONJAUS_FILMS 4 ай бұрын

5:37 Mr Carpo is thinking "this guy sounds exactly like my annoying grandson"

@safetime100 Ай бұрын

Thanks ❤

@AF-po9ne 8 ай бұрын

Amazing video for anyone willing to actually listen. People shunned credit cards when they came out, especially in small transactions such as at McDonalds. It’s here to stay & will only grow.

@terry_willis 8 ай бұрын

Credit cards are financial crack cocaine. They allow people to spend money they don't have for stuff they don't need, and, get into and stay in debt for their entire lives.

@arcdisney 7 ай бұрын

thanks for the explanation, very helpful for beginners like me who are learning in the nfc community.

@franciscoroman9927 Ай бұрын

Great explanation

@patrickflanagan317 Ай бұрын

They say you should learn something every day, today it's about crypto currency. But as an older investor I'll stick to properly and stocks, but I can see change ahead for my daughter.

@benjamingodfrey2244 8 ай бұрын

WE NO LONGER NEED BANKS ,AT ALL

@ddljddlj704 8 ай бұрын

Yeah usdc is ok

@peanut0brain 8 ай бұрын

Retail bank branches are closing left and right in US

@cossak.G.nederlander 8 ай бұрын

Banks could switch to support systems for bitcoin.

@agnimosaics 7 ай бұрын

And eventually politicians.

@sunnyandbreezy 2 ай бұрын

Where are 19 billion financial transactions a year going to be settled without banks?

@atom4871 8 ай бұрын

I still carry paper money. I don't even like using a debit card. My question is, How do you buy anything with it. Will stores start accepting it?

@popescuandrei7199 8 ай бұрын

You dont actually buy with bitcoin u convert bitcoin with euro or dollar etc and buy it

@donkeybus 8 ай бұрын

How do you buy things with real estate holdings? Why would you want to?

@zechreverse6104 5 ай бұрын

When its peak, how to keep our money on that value'? bcoz it will drop back. . .

@cachi-7878 6 ай бұрын

@5:37, oh! I can’t imagine that guy not being bullied in school for having that last name.😂

@tirothyro9385 2 ай бұрын

No one dees it better than delmarvaratty

@tirothyro9385 2 ай бұрын

On twitt

@DanIbarra-wg1uw 8 ай бұрын

Crypto currency is when you run a bunch of computers heating up everything around it while it downloads peoples data from a whole lot of computers causing white noise which then it looks for good quality projects to add to a coin 😉 which makes it valuable 😂

@MC-ry6lt 8 ай бұрын

yeah good explaination(s)

@codingispower1816 23 күн бұрын

How will BTC deal with speed of transactions issue?

@user-se4vs7vx2k 8 ай бұрын

Robert Dinero behind him . Amazing

@18782. 8 ай бұрын

Lmao

@danielmanly4793 8 ай бұрын

Can someone please explain to me what value is there in something which doesn't exist? Moreover, what "value" is anyone trading when exchanging with Bitcoin?

@amritswain6913 8 ай бұрын

A shiny metal called gold has a lot of value. It’s just a shiny metal. You can’t eat it. U can’t use it to make tools. U can’t drink it. So why does it have value ? Same reason. Humans are stupid.

@msparkz770 7 ай бұрын

Also, it confuses me that it's been traded like a commodity. Buy low sell high

@InitialMatemu 5 ай бұрын

Money is not Realllll

@paultaylor4032 4 ай бұрын

@@InitialMatemu Money or more specifically Currency is a Guarenteed promise to pay which is then covered by insurance. Crypto Currency is not Guarenteed by anyone and is not covered by any insurance company

@msparkz770 4 ай бұрын

@@InitialMatemubut it's tangible and legal tender, even if it keeps losing value

@beloveddigital 5 ай бұрын

Thanks

@timelesswallet 5 ай бұрын

Just perfect 💯

@MultiDimension_ 8 ай бұрын

If Gary Genslar wanted make his case for crypto being securities he should just play that last clip

@climatebeef 8 ай бұрын

Bookmarked! I'll show this to newbs who ask me about crypto.

@Garage_gg 8 ай бұрын

5:33 Mr. Crap O 😂

@YamiSukehiro1 5 күн бұрын

Whats ur thought on Pi (π) coin?

@daveglen7876 8 ай бұрын

Best video this year.

@otorishingen8600 8 ай бұрын

Wow - this saves a lot of books 😉👍 Great clips 🙏

@AltcoinDaily 8 ай бұрын

Glad you like them!

@CryptoSam65 8 ай бұрын

My futures on Nexo Pro are rocketing bro! 😎

@user-gi5dt2lr8i 2 ай бұрын

When was this held?

@PIKOLO390 8 ай бұрын

BTC is 100% math and i belive in mathematics

@jesboogie 8 ай бұрын

BTC must be raciss then😂

@jonbarad1 8 ай бұрын

But not spelling...😂

@philipdamask2279 8 ай бұрын

This guy avoids discussing what bitcoin pushers are all about. It is speculation plain and simple.

@jonnycourageous9174 3 ай бұрын

Nope. You are fooling yourself.

@majidriaz4671 8 ай бұрын

He forgot to say more likely 30 billion dollar crypto and more has been taken by hackers

@jphillipos 8 ай бұрын

7 billion actually, but 30 is close enough 🧐

@akshaydn5 8 ай бұрын

Out of 7b more than half of it has been recovered.

@iCanSeeWhatMostCant 6 ай бұрын

Bitcoin or crypto?

@horsemouthjones9060 5 ай бұрын

@@iCanSeeWhatMostCant Bitcoin is a crypto

@bjwilkiee 5 ай бұрын

2:29 @@iCanSeeWhatMostCant

@karccrn 2 ай бұрын

I am about to retire and I have some money invested in a conservative account. Does it seem like a good idea to switch over to bitcoin at my age (66 yrs)?

@wilnotten657 8 ай бұрын

Great guys

@tindi4real670 8 ай бұрын

Nice Explanation, this will go far in helping NewBies or aspirants to understand Crypto better

@CurieBohr 8 ай бұрын

It’s refreshing to hear a suit understand bitcoin. Rare, and refreshing.

@CurieBohr 8 ай бұрын

@@iMakeBTCwhales scammer.

@onelove1325 8 ай бұрын

great!

@BitcoinAndCryptoCurrency 8 ай бұрын

very good thanks

@mbrum3230 6 ай бұрын

Thank you mr ponzi

@mariocatanese1011 8 ай бұрын

Great Video, guys! I shot this to all of my siblings, as well as my parents. Lets see is they listen this time…

@igorthelight 6 ай бұрын

Did they? ;-)

@muntedme203 7 ай бұрын

It is modern day tulip mania!

@blackspiderman1887 5 ай бұрын

Also if it's supposed to be public currency how come I cannot go into Walmart and buy my food with it?

@Pona1234 8 ай бұрын

Very smart guy.

@adamw2147 3 ай бұрын

lol that boomer chairman has no idea whats being said 😂

@stoneleafresearch776 8 ай бұрын

Good man.🎉😊

@user-ey7vo5lm8c 8 ай бұрын

Brilliant

@cryptodescribed 8 ай бұрын

This is an incredible speech! 👍

@easterislandhead9579 8 ай бұрын

Dude at 2:40 realising his son was right when he told him to buy BTC at $10

@Flowlimit 8 ай бұрын

😂😂😂

@ellooku 8 ай бұрын

😂😂😂😂😂😂😂😂😂

@MetalBum 8 ай бұрын

Is that other dude sewing 🧵

@ogcrypto6022 8 ай бұрын

Very good video guys thank you

@Brian.Tohana 2 ай бұрын

It's confusing we call it crypto"currency" but then call Bitcoin as asset or property. So when I buy part of a "bitcoin" I'm actually buying part of the bitcoin blockchain network infrstructure?