Bitcoin Explained in the Bitcoin Basics Workshop CBP Prep [Free Workshop Extras - See Description]
ฝัง
- เผยแพร่เมื่อ 5 มิ.ย. 2024
- Bitcoin isn't too hard to learn, if you've got a great teacher. That's why you want to learn from the best, Andreas! In this video you'll learn the basics of bitcoin explained in clear terms: The history of money, bitcoin, and how the price of bitcoin is derived; Bitcoin Basics, including addresses and keys, transactions, the blockchain, bitcoin as a unit (e.g. millibit, satoshi), ways to earn, buy, sell, and store bitcoin, blockchain explorers and Unspent Transaction Outputs (UTXO); Bitcoin commerce, including how to accept bitcoin for products and services.
Learn about bitcoin and prepare for the CBP (Certified Bitcoin Professional) Exam in this 90 minute workshop. You'll learn how the price of bitcoin is derived, how to buy and earn bitcoin, and how to price bitcoin in your business. Andreas is one of the world's most sought after teachers because he makes complex subjects easy to understand. Watch this video to learn the basic concepts of Bitcoin and open blockchain technology, with an emphasis on real-world examples and built around stories of users interactions with Bitcoin.
Extras: You can find extras like quizzes, supplemental learning materials, and earn a certificate of completion if you sign up for the free Introduction to Bitcoin and Open Blockchains Workshop on Andreas' website at aantonop.com/workshops.
Chapters
0:00 Introduction
3:16 Course content
4:10 History of bitcoin
13:51 User stories
15:44 Alice buys bitcoin from a Bitcoin ATM
16:29 How do people acquire bitcoin?
23:35 Bitcoin ATM Vending Machine
24:45 Bitcoin's "Price"
29:59 Price discovery and markets
34:45 Bitcoin ATM calculates the exchange rate
35:56 Bitcoin, private key and bitcoin address
54:38 Bitcoin units
55:36 Converting units
58:10 Alice buys a book from Bob’s online store
1:06:23 Alice's wallet constructs a transaction
1:09:29 Transaction basics
1:10:32 Transactions and change
1:12:42 Alice's transaction on the blockchain
1:13:43 Transactions and fees
1:16:15 Transaction fees
1:37:16 Bob pays Catalina’s invoice for web development work
1:38:59 Aggregating transaction
1:42:36 History of the Bitcoin Blockchain
1:43:58 Chained blocks
1:45:38 Bitcoin money supply
1:47:03 Halving
1:48:46 Mining incentives
This presentation was delivered on Wednesday, August 28th 2019 at the BTC2019 Conference in Denver organized by the Crypto Currency Certification Consortium (C4)
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About aantonop: Andreas is a best selling author, he's written technical books Mastering Bitcoin, Mastering Ethereum, Mastering the Lightning Network (2021). He's also published books on why bitcoin matters in his best-selling series, The Internet of Money. Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and TH-cam) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at aantonop.com
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Music: "Unbounded" by Orfan ( / grassfedbitcoin )
Thanks for watching! - วิทยาศาสตร์และเทคโนโลยี
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If you liked this video, give it a 👍 and subscribe to the channel! Let me know what you'd still like to learn in the comments below. And if you'd like to test your knowledge with quizzes and exercises, and earn a certificate of completion, then sign up for the FREE Intro workshop on my website at aantonop.io/takeaworkshop. Thanks for watching!
&[⁸
@@mickeydrago9401 exactly
Hi.!
Please, Could you complete the translation to spanish?
Para los que hablan español
Van a ver que a partir del minuto 43 los subtitulos se ponen en inglés.
Para seguir leyéndolos en español solo tienen que ir a
configuración --> subtitulos -> traducción automática --> español
Y listo.
i havr a question. Since Bitcoin is onky used for transactions with semdin bitcoin units key from wallet A to another wallet address. i don't understand how eaxh transaction whether 1 trillion value or 1 dollar makes a difference. and qhen reffering to blocks. couldent each block be done when just under the maximum capacity. so why woukd anyonw reject a block? is it because the highwat memory taking block is not the highest paying block. and is each miners able to cherry pick each transaction for that block and then leave the rest for dead. i thought its automatically has to solved per block. each trans needs to be solved. in the order of wach trans in each block recorded on tge timestamp in the blockchain? You know what maybe we need users of Bitcoin to have power to. Maybe we as users will decide which faithful pools we would prefer to do pur accounting. what? if they can pick by a number. i should pick by a number to. its just data i dont know thwm peraonally. but realistically they could just make it impossible to cherry pick trand and blocks and the problem will be far morr decentralized
far more Omar Ghadaffi Styled
Maybe we dont see it yet. years from now pitchfork mobs will burn down the big miner locations known to public.
I regret first buying bitcoin in 2017 and only learning of Andreas for the first time in 2023.
Blows my mind he only has 239k subs on YT. Andreas is the best there is at explaining this stuff.
Thank you, Andreas, for your incredible work in simplifying the complex world of Bitcoin. Your explanations are a beacon of clarity in the cryptocurrency space, making it accessible to all. Keep up the fantastic work!
This is the best lecture on Bitcoin I have ever seen. Andreas is a brilliant speaker and teacher. Thanks for making this lecture publicly available.
Just imagine Satoshi sitting among the guests and smiling watching the presentation.
Satoshi gave the presentation.
@@joshscafe8381Intriguing possibility.
Wish Hal Finney was alive!
All members of the core team are Satoshi Nakamoto🚀🦉
Satoshi was on stage himself...
I think satoshi's was murdered by the CIA and now USA holds the keys
i have not seen such a great explainer ever. This guy has so much impact on many peoples crypto journey. i am one fo them. THANK YOU SO MUCH for your contribution to the crypto
Wow, thank you!
@@aantonop Pretty Sure Your Satoshi Now After Watching This
@williamsscott09 on Ͳҽӏҽցɾąʍ
@@aantonop you are a Light in the Darkness. Cheers to you.
@@mickeydrago9401 bitcoin, NOT Bitcoin.
'Thumbs up' two hrs before it even starts. Andreas never disappoints
What an amazing teacher 👏
Definitely will get his book(s)
I'm blown away by the clarity
Thank you 🙏
I know absolutely zero about technology. I just like freedom and fairness, which brought me to Bitcoin obviously. But as a man who knows nothing about the tech stuff, I still get goosebumps from hearing him speak
Andreas has provided the community with the highest quality content - thank you so much Andreas for everything!
Glad you enjoy it!
This is brilliant. Well constructed and profound. Thank you Andreas.
Amazingly insightful and concise. Thank you for the 101. Sharing it widely
Andreas is the best educator in the whole bitcoin space. superb as always.
@@mickeydrago9401 ok mate
This guy possesses authenticity as well as the right verbal moves. A discussion that is probably worth your time.
Amazing how Andreas can explain it in a simple way.
Brilliant as always
Glad you think so!
All basic questions covered in a two hours. Brilliant.
Found Andreas on London Real. Now, there is simply a huge amount of knowledge on Crypto to be learnt from him. Thanks so much for all these videos.
Much love from India ❤️
Andreas you are really the best in explaining the Bitcoin stuff !!! Thank you so much for sharing !!!
Andreas, I try and listen to whatever you have to say on the internet, you are the greatest evangelist for cryptos. Thanks for sharing your knowledge.
You were one of the first people I came across after learning about Bitcoin. I can't tell you how much I appreciate everything I've learned from your talks and videos. Thanks for all your work in the space.
Saw this guy in Denver at Arapahoe Library for free. This guy is awesome!
Thanks to Andreas, I am now a CBP. :)
Thanks Andreas for all you efforts of educate people in this new system
@williamsscott09 on Ͳҽӏҽցɾąʍ
Andreas is the one!
Thankyou once again for your work 🙏
AA my man... you are a LEGEND! Thank you from the bottom of my bitcoin heart!
Thanks for the great free content so helpful to us pre-coiners making the evolutionary leap:)
Andreas, could I just say that I love you. Keep up the good work! RESPECT
That was absolutely fantastic! What an amazing tutorial! I’m going to watch it with my kids as it’s the first time I’ve seen it explained so well and I want them to also understand it!
Glad it was helpful!
@williamsscott09 on Ͳҽӏҽցɾąʍ
the best crypto education on the web
You are grate. When you show "miner" i cannt stop smiling
So cool they got Louis Litt to deliver this presentation
hahaha whaddaplaya what a coincidence to find you here. plant a feather and grow a btc!
Louis Litt from ‘Suits’😂😂😂😂
This was an awesome talk! You've become really great at what you do. I already know all of this, but watched the whole thing just to enjoy and learn from your presentation. All the best.
informative and absolutely entertaining. Love it!
Awesome, thank you!
everyone should see that video, what a wonderfull course !!
Thanks Andreas you are the embodiment of selflessness
Thank you for this! I am three weeks into learning about crypto for my future and this is giving me great info.
Welcome!
I have so much to learn when it comes to this stuff.
Thank you very much,great lecture.
Ευχαριστώ πάρα πολύ!!!
Excellent presentation and extremely usefull Andreas ! Mpravooo . Huge fan
Once again: just great!
@williamsscott09 on Ͳҽӏҽցɾąʍ
I am into Crypto for the last 4 years and there were things I didn't know. Awesome.
great speaker i admire .like me no idea about bitcoin when i read some about it want to learn more about this thank you very much sir for sharing knowledge on this.ill keep watching til i will understnd. God bless.
please more videos like this! Awesome work.
More to come!
The legend....Andreas!
I love this
Great work as usual. Thank you.
Cicero Gift of the Gab!
Bitcoin, a global currency. You can go anywhere in the world and pay with bitcoin for anything.
Andreas and Saylor very well spoken.
i sould have listened to your lectures 10 years ago i would have been multi millionare
I ❤️ this man.
It's often worth mentioning that the mem pools are often very different for each node in the network because they rely on volatile memory to locally hold that pool. If you power your node down the mem pool is lost, if you bring up a fresh running node it only receives the new transactions into the mem pool that are being broadcast (gossip) from that moment in time onward. Theoretically transactions could be lost from the network, but in practice there are so many nodes that it can't really happen in reality (someone's mem pool still holds a copy of the transaction somewhere.
At 55.42 the last line (slide 23) is off by a decimal point for 1 satoshi in mbit and bit.
Lol. "Bitcoin is a disorganization"...i love that...
"Each output can only be spent in its entirety." Wow, I did not know bitcoin was working this way. Thanks alot Andreas.
Glad it was helpful!
Thank you sensei, you make this so easy to understand! And thank you for all you do for the crypto community!
Such detailed information about Bitcoin.
you killing it andreas
This guy simple rocks it. Way to go for learning
Thank you, now I understand it more clearly, it's such a powerful tool....Greetings from Chile.
Printed off the scripts. Going to study it on my Netflix time.
This man have great sense of humour.
This is brilliant thank you
Glad you enjoyed it
@williamsscott09 on Ͳҽӏҽցɾąʍ
*NICE* 👍
常看常新👍
Just in case, at min 52.13 when Andreas said "Go to the ATM and show it the bitcoin address" he is referring to the BTC address from the shop
wow, great video
thanks.
Alright so a certification on this niche . What does it do or get you a job or start a biz ? Thank you for ALL YOUR VIDEOS. !
andreas is bitcoin, got it
Peter Parker Andreas IS Satoshi LOL
bitcoin don't exist, only satoshi exist, so andreas don't exist. ok got it
@@Peter_Parker69 I don’t think you got it.
Andreas utterly destroyed Craig S. Wright even without mentioning his name once... simply brilliant.
Right at this moment the question for me is, How do you keep count of our satoshi? It seems so hard to count, add and subtract what you've spent. It seems you'd be constantly converting back to dollar or what ever currency you are use to. I am over whelmed. Hope it finally becomes clear to me.
loud and clear
My favourite thing I learnt here was the kid allpwance joke. lmao I love this guy because you think a smirky joke is.coming and it doesnt. when you dont it does lol he keeps the same tone the whole time. can make boring long explanations lively for many types of audiences
Wonderful lecture. Note: max supply of Satoshis is (2100 trillion) 2.1 quadrillion - not 21 quadrillion as mentioned.
Yes, I was just wondering how he could make such a mistake
Jesus! Explained so a Neanderthal, like myself, can understand. Thank you ❤
amazing!!!!
Thank you! Cheers!
lol i always hear ppl talk about bitcoins:p Sooo i learned a lot today haha.
sehr gut erklärt
Wow. I cannot begin to imagine the amount of work it took to put those slides together. All i know is that it took you at least 9 years. Thank you for this.
Amazing thank you so much for all you do. Now I need to find the time to watch another 2 times to lock it all in.
Since the block chain is immutable, what happens with returns? What happens when someone returns the book they bought from Bob, blockchain-wise?
Looking forward to this workshop.
Thank you for getting into the weeds a bit, for those of us new to this system, it is a bit confusing with the wallet ledgers and the payment groups-very informative. (This whole time, i thought the wallets held separate digital satoshi that were added, mixed together and separable like in a real coin-based wallet.) I enjoyed your sense of humor while presenting as well. Can you incorporate some videos of actual transactions taking place in your presentations? I think that would be awesome too.
wow!
I don't like to like content before actually hearing it, with andreas however it's hard no to, since i don't know a single piece of bad content from him. @Andreas you have our well deserved gratitude, hope this goes on a long time :)
Amazing 🏆I learn so much always, u help so much
*What factors influence the value of Bitcoin*
Bitcoin’s price movements are often explained away as more buyers than sellers, or vice versa. In practice, this isn’t really true since it always takes two parties to trade (if someone bought Bitcoin, someone else sold it to him). What really drives the price up or down is the side that’s more aggressive in “crossing the spread.” The spread is simply the difference between the best bid and best ask price.
As an expert trader can he be of help to me? I need help managing my trades
Thanks for sharing this information, I’ve been looking for a way to get help with trades. I’m grateful
The Bitcoin market is highly volatile and the underlying investment should be considered a high risk investment. However, investors can avoid these risks with a bit of agility and common sense. The first approach is seeking help from professionals that has been there before you.
@@americandreamer828 but if you mine bitcoin and hodl, then you are not selling to somebody.
Such a brilliant mind !
31:05 market price discovery of bitcoin is using the central bank cartel’s manipulated fiat currency system - what’s the impact of that?
ie. what happens when all all these currencies DO go to zero because of major loss of confidence, then what’s bitcoins measuring stick?
Thank you, I have the same question! Would love to see a reply...
Then we use the Chinese yuan , and if that is gone to the toilet as well, we get thousands of bananas/cows/chickens etc. per bitcoin
Great intro. And yes, Andreas, you are all of that and my hero too!!😀
this was excellent i will share it far and wide thanks andreas
Nakamoto was/is a genius
Hi Andreas, please update the translation to "automatic" so we can correct and edit it in Greek easier. This is a must see tutorial for every beginner and not only! I have successfully edited in Greek your video " explain bitcoin to your mother?" Thank you.
47:17 - in Base58 the letter "l" (lowercase el) and "I" (uppercase aj) are mistaken and therefore omitted not the number 1 as you mentioned. Anyway wonderful explanation again Andreas. You are a great inspiration for me and my education courses in Slovakia within Parallel Polis Bratislava.
Hi, im new to bitcoin and trying to set up a structure for building a position. Is there any desktop och mobile wallets that allow my to setup automatic "forwards" of incoming BTC? I would like to send BTC (from an exhange where i purchase it) to 1 adress on MY device (mobile or desktop) and have it automatically bli split and transfered into say 3 different (adresses on my ledger nano s) according to some ratio (50%,30%,20% for example). Is there something like that i can access without being a hardcore hacker?
Well that cleared up a couple of questions I had 🙌 thank you for your time and effort .... ✌️💚☯️
Glad to help
@@aantonop honestly your knowledge is invaluable , I’m still learning but I’m invested 🙌 only small time but I see the need to support this so we can craft new ways 🙌 ✌️💚☯️🔱
Interesting. However, I don't understand how would selling/buying with bitcoin make sense if its exchange value is so volatile.!? For instance if Bob sold books for 40K$ and got paid in Bitcoin, then at the end of his business year let's say the Bitcoin to $ rate went down 170% and now he needs to pay taxes in US$, isn't that a big problem?? As far as I see it, because of this volatility issue you can't really do serious business with Bitcoin. Am I right?
How do I join one of his workshops?
❤
Is there a follow up or continuation to this video?
There's a free workshop with the same general content but it has quizzes and supplemental materials on my website: aantonop.com/workshops
How can I get the CBP workshop?
This video makes me think you are Satoshi hiding in plain sight 😂