00:05 Hello everyone, fantastic to see a room with.
00:09 Standing room only, so many people here are so excited about this technology and I'm gonna cover why we should be so excited about this technology.
00:22 And so we're going to cover.
00:24 What it is the history the economics behind it?
00:27 The present the future, and if there's time,
00:30 some final thoughts and questions there.
00:32 And so for anybody that doesn't know I've been involved in this ecosystem for over 8 years now full time every single day.
00:39 I was the first person in the entire world and start investing in this ecosystem so.
00:44 But we should talk about What is this?
00:46 What is Bitcoin? What is all this stuff that's going on here well?
00:51 It's right there in the very title of the original Bitcoin White Paper.
00:55 And it's that big coin is a peer to peer electronic cash system.
00:59 That means it's used for payments for people to pay money with anyone anywhere in the world instantly basically for free.
01:06 And that there's nothing that anyone can do to stop them from making those payments.
01:13 Bitcoin is not a company.
01:15 It's not centrally controlled. I'm not the CEO of Bitcoin.
01:19 I'm not the CEO of Bitcoin cash.
01:21 I'm not the CEO of anything.
01:22 These are all just protocols so they're not proprietary systems.
01:26 That means that they're not systems for one specific use application.
01:30 It can be for all sorts of things and it's not tide to any particular jurisdiction or location.
01:35 It's not just for Singapore.
01:37 It's not just for Moscow is for everyone all over the planet regardless of where they were born or where they're living today.
01:44 And Bitcoin is not still the only cryptocurrency.
01:47 There's thousands of them at this point and it's really exciting to see the ecosystem developing.
01:53 And so Bitcoin is a technology.
01:55 To protocol in a network and a system that enables much,
01:59 much, much, much more.
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