This talk was given at a local TEDx event, produced independently of the TED Conferences. Jeremy Rubin, Technical Director of the MIT Bitcoin Project, is going to explain ‘what the bleep’ Bitcoin is and why he sees it as one of the most interesting innovations in modern computer science. This eye opening talk from TEDxBeaconStreet won’t tell you what to think about cryptocurrency, but will leave you with the tools to parse this new and exciting landscape for yourself.
Hacker and MIT Junior Jeremy Rubin is known for his role in the MIT Bitcoin project, an initiative which offered every MIT undergraduate $100 in Bitcoin this fall and his award-winning project Tidbit, which is currently embroiled in a legal battle with the state of New Jersey.
About TEDx, x = independently organized event. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
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so what is it?
The blank stares…this was painful to watch, but if you have background in Bitcoin, you were nodding in agreement.
That moment when you realize that what you're watching is confusing you more than before you started watching..
his explanation is long winded. Bottom line is that Bitcoin is currency and it exposes the idea that currency inherently has no value until it is assigned value by someone. US Dollars do not inherently have value, the value is placed by the power structure. Bitcoin is flipping the script on how we perceive currency. It is being given value by users. But, the bottom line is that Bitcoin is currency. a new currency. there, saved you time
Kid got completely lost in 4:28
So by 5:30 he's like, "screw it! it's time to fiddle with that cloth sticking from that seat!"
seems to be a good lecture, but it's like 2 times to fast :)
I'm not being sarcastic. This is a good explanation. Although he's going slightly fast with his slides being too long to read, but it made me understand more how bitcoin works technically. I'm pretty sure it's still a basic summary.
This video inspired me to request that youtube rank each video with a "calorie burner" ranking. All I know is I am exhausted after watching this! B R A V O !! Great job Jeremy Rubin!
the kid at 4:28 be like "wtf is this shit". His expression is priceless ???
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my IQ is 59 and I can understand him easily unlike other bitcoin explanation videos. can't believe I can now understand more about this abstract currency. this guy from MIT is really good at simplify thing. he is a good entertainer to. I think I should sell all of my golds/silvers that my ancestor gave then buy bitcoin instead. I only need dollars for food and cloth. from the looks of it Bitcoin is future for mankind. it will shake the very foundation of big banks and decentralized. it can even disrupt Hollywood.
4:28 He is just about to pass out from WTF
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this is a great ted talk! just the right amount of technical jargon for me to understand the basics of bitcoin :)
This is actually one of the best explanations for Bitcoin. Those with an IQ below 60, I'm sorry for you. Let me break it down for you – Bitcoin is magic internet money.
Dazzled by brilliance or baffled by bullshit. Jeremy's MIT credentials make me think his presentation is brilliant.
This is why you don't watch Ted videos for knowledge.
What?!
and save humanity from the banks
was looking for an explanation of bitcoin. did not find