The History of Money
Ever wonder why money works the way it does? We'll journey from ancient Lydia's gold coins to the Roman Empire's inflation, through the chaos of Weimar Germany, and Nixon's pivotal decision that shaped our modern financial system. This history reveals the hidden flaws of our money, exposing how it widens the gap between the rich and everyone else, eroding purchasing power.
Bitcoin's Core Mechanics: Blockchain, Proof Of Work, and Rewards
Join us to understand Bitcoin's core mechanics. We'll start by defining a Bitcoin Block and how blocks link together to create the Blockchain. Next, we'll cover how Proof of Work keeps the network secure, explaining the math behind it. This leads into how Bitcoin Rewards are given to those who maintain the network, and the Halving event that regularly cuts Bitcoin's new supply in half.
How Do We Know There's Only 21 Million Bitcoin?
We all know Bitcoin has a cap of 21 million, but how can we be sure of it? After all, Bitcoin's code is "open source," meaning it's public and can be viewed or changed by anyone. So, what prevents a programmer from simply editing the code to create more Bitcoin? We'll look at a small part of the Bitcoin Core Code and explain how the network's update process works. You'll learn how Bitcoin's consensus rules ensures that the 21 million limit is more than just a number in the code.
The Evolution of Bitcoin Keys: A BIP Journey
Join this talk for an accessible talk where we'll unpack core concepts about Bitcoin Keys and Protocols. We’ll trace the evolution of Bitcoin improvement proposals (BIPs) to see how private keys, public keys, child keys, and the powerful Elliptic Curve Cryptography (ECC) have developed. Forget the intimidating math; we'll explain how "trapdoor functions" and other fundamentals work in a way that’s easy to understand.
The difference between CBDC and Bitcoin
Why consider Bitcoin when Central Bank Digital Currencies (CBDCs) are on the horizon? CBDCs, while offering digital currency, are centralized and government-controlled. Bitcoin, in contrast, is decentralized and offers financial autonomy, transparency, and a limited supply. Join this talk to explore the differing philosophies and implications of these two approaches to the future of digital money.