The basic idea of Bitcoin is simple: Instead of a financial institution holding a bank ledger, a chain of computers linked through the internet are all using the same software to record and verify every transaction.
This video and breaking news in blockchain and cryptocurrency markets is also streaming on BCtv - Blockchaintelevision.info. Click to start viewing in your browser, all on 24/7 autoplay. Switch it on for the big screen! In your desktop, laptop, xBox and Smart Connectedtv.
But how can a cryptocurrency be worth anything in the first place? Economics correspondent Paul Solman reports.
Find more from PBS NewsHour at https://www.pbs.org/newshour
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This video and breaking news in blockchain and cryptocurrency markets is also streaming on BCtv - Blockchaintelevision.info. Click to start viewing in your browser, all on 24/7 autoplay. Switch it on for the big screen! In your desktop, laptop, xBox and Smart Connectedtv.
But how can a cryptocurrency be worth anything in the first place? Economics correspondent Paul Solman reports.
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6
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Francisco Gimeno - BC Analyst Nice and simple video explaining Bitcoin, how to buy, how to sell and the whys and whats of this new currency. Recommended even more for those new to the concept. -
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Admin Blockchain Company This video and breaking news in blockchain and cryptocurrency markets is also streaming on BCtv - Blockchaintelevision.info. Click to start viewing in your browser, all on 24/7 autoplay. Switch it on for the big screen! In your desktop, laptop, xBox and Smart Connectedtv.