❓ What is Bitcoin?

Mentions
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Izabella Interview: https://www.youtube.com/watch?v=Fwq67ztDtYA
Bitcoin explainer videos:
https://www.youtube.com/watch?v=bBC-nXj3Ng4
https://www.youtube.com/watch?v=l9jOJk30eQs

My BTC Wallet 🤓:
1FrBSEuzrad4NpeA3hBLAGxCYHx7Kfur1m

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ATTN: Teachers, educators, or presenters to younger audiences, here is a censored version: https://www.youtube.com/watch?v=oY6Pke-HxIk

Table Of Contents
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0:00 - Intro
0:21 - What is Bitcoin?
0:41 - Why was bitcoin created?
2:10 - How would a currency that doesn't involve banks be better?
2:33 - Commodity Currency definition
2:41 - Representative Currency definition
3:55 - Fiat Currency definition
4:55 - How does Bitcoin have real monetary value?
7:59 - Tim Draper's Bitcoin value
8:23 - Erik Finman's Bitcoin value
8:57 - Roger Ver's Bitcoin value
9:47 - How does Bitcoin Work?
13:04 - Is Bitcoin Worth It?
13:28 - Izabella Interview

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Sources
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Tim Draper buying bitcoins - http://fortune.com/2017/05/30/bitcoin-biggest-investors/
US not financial centre - https://en.wikipedia.org/wiki/Financial_centre#Ranking
2008 Bubble falling by 30% - http://www.investopedia.com/articles/economics/09/subprime-market-2008.asp
Most horrific in financial history - http://www.investopedia.com/articles/economics/09/subprime-market-2008.asp
Satoshi quote - http://satoshi.nakamotoinstitute.org/quotes/economics/
Commodity Currency - https://en.wikipedia.org/wiki/Commodity_currency
Representation Currency - https://en.wikipedia.org/wiki/Representative_money
Nixon nixed the gold standard - https://en.wikipedia.org/wiki/Nixon_shock
Fiat Currency - https://en.wikipedia.org/wiki/Nixon_shock
Tim Draper Clip - https://en.wikipedia.org/wiki/Nixon_shock
Erik Finman Clip - https://en.wikipedia.org/wiki/Nixon_shock
Cryptocurrencies have value - https://en.wikipedia.org/wiki/Nixon_shock
Decentralized benefits - https://en.wikipedia.org/wiki/Nixon_shock
Venezuela Issue - https://en.wikipedia.org/wiki/Nixon_shock

Music
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Who Knows - NICOCO
Millipede - NICOCO
Symphony No.7 in A major op.92 - II, Allegretto - Beethoven
Heavy One - NICOCO
Relaxing - Bensound
Clean Soul - Kevin MacLeod
Floating - Podington Bear
Bass Walker - Kevin MacLeod
The Dream - Project 5am
Lone Trip - Podington Bear

REMEMBER TO ALWAYS FEED YOUR CURIOSITY