I’ve been interested in Bitcoin for awhile now, to the point where I’ve got a full mining operation up and running and have just launched this brand new blog. I still have trouble explaining how Bitcoin works and it’s revolutionary benefits.
A beautifully animated video produced and published today by The Guardian offers a great explanation of how Bitcoin works in one easy to understand short video.
As it’s title implies, Bitcoin Made Simple provides a quick back story of the anonymous Cryptography paper that started it all as well as the many benefits of using Bitcoin over traditional financial instituions and payment methods.
If you’ve been looking to easily explain the benefits and promise of Bitcoin to your friends and family, head on over to The Guardian and watch Bitcoin made simple. The video has been embedded below for your convenience.