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What in the world is Bitcoin? [2017]

alphydan
October 05, 2017

What in the world is Bitcoin? [2017]

First of the Talking Technology talks on Bitcoin, given on October 2017 in Bermuda.

alphydan

October 05, 2017
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  1. JOE - 2.2 BTC ALICE - 1 BTC RUNA -

    0.0042 BTC Bitcoin is a LEDGER
  2. JOE - 2.2 BTC ALICE - 1 BTC RUNA -

    0.0042 BTC Bitcoin is a LEDGER 1 BTC
  3. JOE - 2.2 - 1 BTC ALICE - 1 +1

    BTC RUNA - 0.0042 BTC Bitcoin is a LEDGER
  4. Ok, I know ledgers. BUT Where is the ledger? Who

    updates it? Why not write a fake balance? Who issues the BTC?
  5. 1VayN.. 2 BTC 15JhB.. 0.018 BTC 1P9RQ.. 4,318 BTC 18p9F..

    3.1 BTC 1D5bP.. 48.5 BTC 1VayN.. 2 BTC 15JhB.. 0.018 BTC 1P9RQ.. 4,318 BTC 18p9F.. 3.1 BTC 1D5bP.. 48.5 BTC 1VayN.. 2 BTC 15JhB.. 0.018 BTC 1P9RQ.. 4,318 BTC 18p9F.. 3.1 BTC 1D5bP.. 48.5 BTC 1VayN.. 2 BTC 15JhB.. 0.018 BTC 1P9RQ.. 4,318 BTC 18p9F.. 3.1 BTC 1D5bP.. 48.5 BTC 1VayN.. 2 BTC 15JhB.. 0.018 BTC 1P9RQ.. 4,318 BTC 18p9F.. 3.1 BTC 1D5bP.. 48.5 BTC
  6. Img source SUMMARY BOX CAPULET My sword, I say.Old Montague

    is come And flourishes hisblade in spite of me. ROMEO Thou villain Capulet!—Hold me not; let me go. LADY MONTAGUE Thou shalt not stir one foot to seek a foe. PRINCE Rebellious subjects, enemies . . . . . . . . . . . Romeo & Juliet in love. Parents don’t approve. Drama ensues.
  7. Img source SUMMARY BOX CAPULET My sword, I say.Old Montague

    is come And flourishes hisblade in spite of me. PETER Thou villain Capulet!—Hold me not; let me go. LADY MONTAGUE Thou shalt not stir one foot to seek a foe. PRINCE Rebellious subjects, enemies . . . . . . . . . . . Peter & Juliet in love. Parents don’t approve. Drama ensues.
  8. Img source MAGIC SUMMARY BOX 730e109bd7a8a32b1cb9d9a09aa2325 d2430587ddbc0c38bad911525 CAPULET My sword,

    I say.Old Montague is come And flourishes hisblade in spite of me. ROMEO Thou villain Capulet!—Hold me not; let me go. LADY MONTAGUE Thou shalt not stir one foot to seek a foe. PRINCE Rebellious subjects, enemies . . . . . . . . . . .
  9. Img source MAGIC SUMMARY BOX 619cba8e8e05826e9b8c519c0a5c68f4 fb653e8a3d8aa04bb2c8cd4c CAPULET My sword,

    I say.Old Montague is come And flourishes hisblade in spite of me. RODEO Thou villain Capulet!—Hold me not; let me go. LADY MONTAGUE Thou shalt not stir one foot to seek a foe. PRINCE Rebellious subjects, enemies . . . . . . . . . . .
  10. sje92na92a3a2bc9476102bb288234c 415a2b01f828ea6fjeni293749 GOOD SUMMARY BOX: Can’T REVERSE (Have to try

    all ) a Aa Aaa Aaaa Aaaaa Aaaaab Aaaaaaa Aaaaaaaa Aaaaaaaaa Aaaaaaaaaa Aaaaaaaaaaa Aaaaaaaaaaaa B Bb Bbb Bbbb Hodll
  11. Img source Peter BALANCE: 1 BTC Julia (6Yr4nT0ppJVSXYPq0PQzSDEfJDnc36SAxm) 100 BTC

    → Allie (1AxZb1Nqh7TPWURjLbDUQsSpUQZnF5cqLe) SIGNED: 1011010011 1010100100 1001010011
  12. Img source Peter BALANCE: 1 BTC Julia (6Yr4nT0ppJVSXYPq0PQzSDEfJDnc36SAxm) 100 BTC

    → Allie (1AxZb1Nqh7TPWURjLbDUQsSpUQZnF5cqLe) SIGNED: 1011010011 1010100100 1001010011 b2fa3d8e577402cf5654dbf559d89702c33db73667fa38fba4bdebdb924c1fb9
  13. MAGIC SUMMARY BOX 589856ec9cedf51a3f0f173465bd499d 73add0cac701f50533fad6b20f3e JOE - 2.1 BTC ALICE

    - 1 .1 BTC RUNA - 0.0042 BTC JANE - 0.0042 BTC WEI - 0.0042 BTC HAL - 0.02 BTC SATO - 0.0032 BTC SHI - 0.0042 BTC JOE - 2.1 BTC ALICE - 1 .1 BTC RUNA - 2.0042 BTC JANE - 1.0042 BTC WEI - 45.02 BTC HAL - 2,000 BTC SATO - 0.0042 BTC SHI - 0.0042 BTC JOE - 0.0001 BTC ALICE - 1 .1 BTC RUNA - 0.0042 BTC JANE - 0.0042 BTC WEI - 0.0042 BTC HAL - 0.0042 BTC SATO - 0.0042 BTC SHI - 0.0042 BTC ALICE - 1 .1 BTC RUNA - 0.0042 BTC JANE - 0.0042 BTC WEI - 0.0042 BTC HAL - 0.0042 BTC SATO - 0.0042 BTC SHI - 0.0042 BTC
  14. Every 10 minutes a new “Summary” is made JOE -

    2.1 BTC ALICE - 1 .1 BTC RUNA - 0.0042 BTC JANE - 0.0042 BTC WEI - 0.0042 BTC HAL - 0.02 BTC SATO - 0.0032 BTC SHI - 0.0042 BTC 77af778b51abd4a3c51c5ddd97204a9c 3ae614ebccb75a606c3b6865
  15. Every 10 minutes a new “Summary” is made JOE -

    2.1 BTC ALICE - 1 .1 BTC RUNA - 0.0042 BTC JANE - 0.0042 BTC WEI - 0.0045 BTC HAL - 0.02 BTC SATO - 0.0032 BTC SHI - 0.0042 BTC 14ba98b40af2a18df3808227ff9332c8 aa98727d3720863df68a413714e
  16. Every 10 minutes a new “Summary” is made ALICE -

    1 .1 BTC RUNA - 0.0042BTC JANE - 0.0042 BTC WEI - 0.0042 BTC HAL - 0.0042 BTC SATO - 0.0042 BTC SHI - 0.0042 BTC 14ba98b40af2a18df38 08227ff9332c8aa9827 39j393j3939d3720863 392jfmeovnmemdi2 39384893jfnjnd393 dae93j3felwknmsef
  17. Every 10 minutes a new “Summary” is made ALICE -

    1 .1 BTC RUNA - 0.0042BTC JANE - 0.0042 BTC WEI - 0.0042 BTC HAL - 0.0042 BTC SATO - 0.0042 BTC SHI - 0.0042 BTC 14ba98b40af2a18df38 08227ff9332c8aa9827 39j393j3939d3720863 392jfmeovnmemdi2 39384893jfnjnd393 dae93j3felwknmsef CAN’T change the past!
  18. Img source ALICE - 1 .1 BTC RUNA - 0.0042

    BTC JANE - 0.0042 BTC WEI - 0.0042 BTC HAL - 0.0042 BTC SATO - 0.0042 BTC SHI - 0.0042 BTC SHI - 0.0042 BTC BUT What about The PRESENT?
  19. Find a number such that: + 1029482 00000000000000000000f0f173465bd 499d73add0cac701f50533fad6b2 $56,000

    ALICE - 1 .1 BTC RUNA - 0.0042 BTC JANE - 0.0042 BTC WEI - 0.0202 BTC HAL - 0.0042 BTC SATO - 0.0042 BTC SHI - 0.0042 BTC
  20. Find a number such that: + 1029482 3dea57ef02538eb4e27b6c52ebf72375 8eddc7c69bb11b1ea8b246fa5d4 ALICE

    - 1 .1 BTC RUNA - 0.0042 BTC JANE - 0.0042 BTC WEI - 0.00 52 BTC HAL - 0.0042 BTC SATO - 0.0042 BTC SHI - 0.0042 BTC
  21. Find a number such that: + 1029482 3dea57ef02538eb4e27b6c52ebf72375 8eddc7c69bb11b1ea8b246fa5d4 ALICE

    - 1 .1 BTC RUNA - 0.0042 BTC JANE - 0.0042 BTC WEI - 0.00 52 BTC HAL - 0.0042 BTC SATO - 0.0042 BTC SHI - 0.0042 BTC Honesty = more profitable
  22. Christine Lagarde, IMF Chief Not be wise to dismiss virtual

    currencies. virtual currencies might just give existing currencies and monetary policy a run for their money
  23. Send $2 to friend in UK 10 minutes, 2 cents

    Send $100 to Bolivia Send $1M to china on Sunday 2h, $10 20 minutes, 10 cents
  24. Pay for coffee 10 minutes, $0.5? Donate to Wikileaks Banking

    for the unbanked 5 minutes, no discrimination
  25. Where can you spend it? WordPress.com Overstock.com Subway Microsoft Reddit

    Virgin Galactic OkCupid Namecheap CheapAir.com Expedia.com Gyft Newegg.com Wikipedia Steam The Internet Archive Bitcoin.Travel Pembury Tavern Old Fitzroy Zynga – Mobile gaming Mega.co.nz Etsy Vendors – 93 of them Whole Foods - Real Estate - Computing - Lawyers - Actual Accountants - Darknet ...