Bitcoin Whitepaper Simply Explained & Visualized!

The Bitcoin Whitepaper is one of the most significant documents in crypto history. If you want to learn how crypto works and why Satoshi created Bitcoin, the whitepaper is the best place to start. But it is pretty technical. In this video, I do my best to simplify the Bitcoin Whitepaper. ▬▬▬▬▬ 🌟 Hardware Wallets with Discounts 🌟 Keystone Metal Tablet (8% Off Code: CYBERSCRILLA) https://keyst.one/shop/products/keystone-tablet-plus?rfsn=7218274 1. Keystone Pro 3 (8% Off Code: CYBERSCRILLA) https://keyst.one/shop/products/keystone-3pro?rfsn=7218274 2. NEW Tangem Wallet (10% Off Code: ERMC4H) https://tangem.com/en/pricing/?promocode=Cyberscrilla#pricing 3. Ellipal Titan Mini https://www.ellipal.com/products/ellipal-titan-mini?rfsn=7218162.92e9cb 4. OneKey Touch https://shop.onekey.so/products/onekey-touch-crypto-hardware-wallet?sca_ref=4037439.Nl1BVLA1Ii 5. OneKey Classic https://shop.onekey.so/products/onekey-classic-crypto-hardware-wallet?sca_ref=4037439.Nl1BVLA1Ii ▬▬▬▬▬ 🚀 Explore Cyber Scrilla: 📬 Newsletter: https://cyberscrilla.com/newsletter/ 🐦 Twitter: https://twitter.com/cyberscrilla 🌐 Website: https://cyberscrilla.com/ ▬▬▬▬▬ Chapters: 00:01 - Bitcoin Whitepaper Problem 00:29 - Bitcoin vs Gold 01:11 - Problem with Digital Currency 01:35 - Why Bitcoin Was Created 02:12 - How Bitcoin Works 03:20 - Bitcoin Billionaires Analogy 04:38 - Bitcoin Transactions 06:30 - Timestamp Server 06:50 - Proof of Work 07:02 - Bitcoin Hash Explained 08:03 - Network 09:20 - Incentive 09:38 - Bitcoin Halving Explained 10:04 - Reclaiming Disk Space 10:25 - Simplified Payment Verification 10:45 - Combining & Splitting Value 11:01 - Bitcoin Privacy 11:44 - Calculations 12:28 - Who Is Satoshi Nakamoto ▬▬▬▬▬ Disclaimer: The information provided is for informational purposes only and should not be considered financial, legal, or tax advice. The content reflects the speaker's opinions and is not from a licensed financial advisor or registered investment advisor. Please note that this description contains affiliate links. If you make a purchase through one of these links, the channel may earn a commission (at no additional cost to you). Thank you for supporting us! ▬▬▬▬▬ Wishing you safe and successful crypto adventures. - Alex Gomez 🫶 #bitcoin #bitcoinwhitepaper #crypto #satoshi #btc #bitcoinnews #bitcoinmining #bitcoinwallet #bitcoins #satoshinakamoto #bitcoinnews #bitcoinexplained