Video: Ian Lee’s “Why Bitcoin Will Change Everything”

Journalist:
August 3, 2015

The purpose of the following video, shared by Bitcoin Indonesia, is to introduce people to Bitcoin in a very factual manner. Ian Lee discusses the roots of Bitcoin, acknowledging that it was most likely a group of “libertarian cryptographers” who started the project, and then moves on to discuss value propositions of Bitcoin for remote migrant workers and more.

This is real value to the customer. Real value to the world.

The video even goes beyond just bitcoin the currency and begins to discuss other possible uses of the Bitcoin block chain. After all, there may be a huge financial incentive for the Bitcoin mining network to run, but nevertheless, there are several other uses for it.

P. H. Madore @bitillionaire

P. H. Madore has written for CCN since 2014. Please send breaking news tips or requests for investigation to bitillionaire+phm@gmail.com. He lives in Maine, USA. A single father of four young children, he does not discourage financial donations, provided they do not come with strings attached.