Bitcoin, a term that appeared on the internet in 2008, more than 10 years ago, and that recently is on everyone's lips.
During times of speculative bubble, with emphasis, carefree expectations and enthusiasm,
while during times of market correction, with mockery and scepticism.
But this term hides a series of complexities and a series of questions, for example, how can I learn more about bitcoin?
Where can I look for reliable information on this economic, technological, social and even political phenomenon,
without getting lost in the background noise and without getting lost in the hype that surrounds this phenomenon and related phenomena,
such as that of cryptocurrency and blockchain technology?
Where can I find information?
Are all the urban legends surrounding this term true? Is it true that bitcoin will drain the oceans for its energy consumption?
Is it true that bitcoin is only used by ruthless criminals who traffic in organs and weapons in all parts of the world?
Is it true that bitcoin is not really particularly interesting in itself but only the underlying technology, the so-called blockchain, is interesting?
What is this blockchain?
A word that everyone is using in every area without it being clear to anyone. How can it be used?
What is a blockchain?
What is the relationship between this term and the term bitcoin?
What is bitcoin from an economic point of view, from the point of view of digital gold?
Bitcoin is scarce, how many units are there in circulation? How divisible is it? What is bitcoin's inflation?
Is it really an asset class that can be considered decorrelated from the others?
Does it have a financial interest? And again, how secure is bitcoin?
Who can move bitcoin? The banks? The start-ups that create bitcoin-related products? Or the users with their digital keys?
What are encryption keys? What is a digital signature? Again, what are distributed systems and replicated systems?
What is a redundant database? What is a decentralised project? What is open source code?
For now, all these questions have fragmentary answers, difficult to reconstruct because buried by background noise.
What we will try to do in a series of videos, in collaboration with Cryptonomist, is to put some order to these questions.
We will make some videos of an expressly economic nature to explain the most important of the answers to the questions we have listed, which is the "why?"
The first videos that we will release are related to the questions "Why bitcoin?", "What is bitcoin for?",
"Why was it created?", "What problems does it solve?"
These are questions that have been lost in the background noise of recent years,
many people approach this new phenomenon without understanding what were the reasons behind the idea itself.
So we will try to talk about the economy but also, in a certain sense, politics and culture.
Examining the cultural, political and economic roots of this phenomenon.
Then we will talk about decentralised systems and open source software, to understand how this tradition is linked to the birth of the bitcoin phenomenon.
Then we will talk about cryptographic keys, cybersecurity, how to keep your bitcoin private keys safe.
What is a hardware wallet? What is a script? What is a smart contract?
We will also talk about bitcoin's inflation, the bitcoin asset scarcity model and its relationships with gold or other commodities and financial assets.
We will try to explain the mystery of what blockchain is and what actual functions it has on bitcoin or other cryptocurrencies cloned from bitcoin or on other totally different applications.
Finally, we will try to dispel the main urban legends and give you some resources on which to do independent research and on which to research on your own.
All this in the coming months, also to celebrate the tenth anniversary of the launch of the bitcoin Genesis block, which occured on January 3rd, 2009.
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