What is Bitcoin? Bitcoin Explained Simply

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99Bitcoins

99Bitcoins

Күн бұрын

Start trading Bitcoin and cryptocurrency here: bit.ly/2NHXIs3
Bitcoin is the first decentralized digital currency. All Bitcoin transactions are documented on a virtual ledger called the blockchain, which is accessible for everyone to see.
Bitcoin gives you complete control over your money, unlike other assets you own which are regulated by banks and governments. As bitcoin gains more popularity, more and more places accept it as a payment method.
That's Bitcoin in a nutshell. For the complete simple explanation watch this video, here's what I'll cover:
0:50 - What is money?
3:10 - Fiat money
3:43 - Fiat money drawbacks
4:25 - Digital money
5:34 - Centralized money issues
7:21 - Enter Bitcoin
7:44 - Bitcoin is transparent
9:13 - Bitcoin is decentralized
9:35 - Bitcoin is digital
9:56 - Why is Bitcoin such big news?
11:45 - Who accepts Bitcoin?
12:05 - Conclusion
For the complete text guide visit:
bit.ly/2C2zT6e
Join our 7-day Bitcoin crash course absolutely free:
bit.ly/2pB4X5B
Learn ANYTHING about Bitcoin and cryptocurrencies on our KZbin channel:
bit.ly/2BVbxeF
See anything we haven't covered? Leave us a comment in the comment section below

Пікірлер: 8 500
@99Bitcoins
@99Bitcoins Жыл бұрын
CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers. Stay safe 🙏🏻🙏🏻🙏🏻
@maxazzarello8695
@maxazzarello8695 Жыл бұрын
But I thought bitcoin doesn't have problems with fraud the way fiat does?
@99Bitcoins
@99Bitcoins Жыл бұрын
@@maxazzarello8695 While Bitcoin's decentralized blockchain technology can provide a high level of security and transparency, it is not immune to fraud. But fraud can take many forms, including hacking attacks, Ponzi schemes, and phishing scams. Therefore, it's important for individuals to take precautions to protect their Bitcoin, such as using reputable exchanges and wallets, enabling two-factor authentication, and being cautious of suspicious links and emails.
@maxazzarello8695
@maxazzarello8695 Жыл бұрын
@@99Bitcoins Thanks for the reply! Would you consider Tether to be a reputable part of the crypto ecosystem?
@99Bitcoins
@99Bitcoins Жыл бұрын
My pleasure 😊 Tether is a controversial cryptocurrency that has been the subject of much debate within the crypto ecosystem. Some people in the crypto community do not consider Tether to be a reputable part of the ecosystem, while others continue to use and trade it. Ultimately, whether or not to use Tether is a decision that each individual should make after carefully considering the risks and benefits.
@vickycompton9578
@vickycompton9578 10 ай бұрын
Same here
@northshorehighlanders6167
@northshorehighlanders6167 5 ай бұрын
Been looking for an understandable explanation - and without the editorializing virtually all other explanations. Nothing comes close to yours. I also appreciate your updates, in the comments. This is an extremely valuable channel. Thanks for keeping it active. I'm on to your other bitcoin videos.
@luciann34
@luciann34 2 жыл бұрын
I believe Qardcoin token will go 100x after launch on Binance
@miracle8494
@miracle8494 Жыл бұрын
únete y agradéceme más tarde únete y agradéceme más tarde
@stacybernstein9577
@stacybernstein9577 Жыл бұрын
How long have you been in the crypto space?
@omdiq-namarlyi585
@omdiq-namarlyi585 18 күн бұрын
this btc it melt face in the New york crpyto
@GiovanniM309
@GiovanniM309 26 күн бұрын
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million. ..
@JaniceTAshton
@JaniceTAshton 26 күн бұрын
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
@JaniceTAshton
@JaniceTAshton 26 күн бұрын
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy
@Robertj.thompson
@Robertj.thompson 26 күн бұрын
How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
@GiovanniM309
@GiovanniM309 26 күн бұрын
Thanks to Patricia V Vesely.
@GiovanniM309
@GiovanniM309 26 күн бұрын
She's a licensed broker here in the states
@carolyngarcia1385
@carolyngarcia1385 Жыл бұрын
1 Bitcoin will worth millions of dollars in no distant time, People who ignorantly did not adopt the system will be more poorer. The earlier the better to have and hold bitcoin because it's the future.
@jamesmark8608
@jamesmark8608 Жыл бұрын
Crypto currency and Nfts will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment
@mikerogers7402
@mikerogers7402 Жыл бұрын
Bitcoin is the future, investing in it will be the wisest thing to do especially with the current status
@sharonrobinson2795
@sharonrobinson2795 Жыл бұрын
You are right but the market is profitable if you are using a really good platform to help out with trades
@worfganbitterlich3825
@worfganbitterlich3825 Жыл бұрын
Yes you are right! Bitcoin trade is the best investment anyone can ever imagine and the profit is huge, believe me this is the best time to invest in it based on the current market status
@mostafaeldin9379
@mostafaeldin9379 Жыл бұрын
@@jamesmark8608 I recently heared about the NFT thing but still don't understand how these benefits people or how the NFT buyer's uses such digital arts.
@djunyeyes1
@djunyeyes1 3 жыл бұрын
Me before the video: yeahhh i will finally have an idea about bitcoin Me after the video: danm i still dont get it
@jeffgordon8606
@jeffgordon8606 3 жыл бұрын
Lmao
@dunkinkookies453
@dunkinkookies453 3 жыл бұрын
Same
@chaseosborn9747
@chaseosborn9747 3 жыл бұрын
@@declanbaxter5828 That's a scammer. Click their page.
@tiwacoco72
@tiwacoco72 3 жыл бұрын
Same here😒😒I still don't get it
@richiepaul08
@richiepaul08 3 жыл бұрын
HHahaha this made my day
@tigerbalm20000
@tigerbalm20000 2 жыл бұрын
Finished watching the video and I only have one question…what is Bitcoin?
@ifyonuoha2269
@ifyonuoha2269 2 жыл бұрын
Is just like money with wings
@aianna3814
@aianna3814 2 жыл бұрын
It's just like money from the casino..most certainly a scam. Well don't trust in me i'm only a 13 year kid but becareful scammers these days...😂
@eggrollsoup
@eggrollsoup 2 жыл бұрын
@@aianna3814 you’re joking thankfully
@thelionofjudah.8646
@thelionofjudah.8646 2 жыл бұрын
🤣🤣
@grunthostheflatulent5914
@grunthostheflatulent5914 2 жыл бұрын
A scam for dumb as rocks, smarty pants millennials...
@0017Bulldog
@0017Bulldog 2 жыл бұрын
Maybe I should watch this again when I'm not drinkin'.
@Z_imi
@Z_imi 2 жыл бұрын
Lol
@cardtrix1970
@cardtrix1970 2 жыл бұрын
All Crypto is a farce; don't mattering your sober or drunk
@guduboy6108
@guduboy6108 2 жыл бұрын
😂😂😂😂😂😂😂😂😂😆😆😆😆😆😆😭😭😭
@cardtrix1970
@cardtrix1970 2 жыл бұрын
@@guduboy6108 Scam!
@angelocerrone3070
@angelocerrone3070 2 жыл бұрын
Won’t make any difference.
@jonathanf.saldivar6216
@jonathanf.saldivar6216 2 жыл бұрын
Awesome video! I like this channel cus it is straight forward with it's content and broken down in plain English. You got a new subscriber ⚡💪
@creolemarie6633
@creolemarie6633 2 жыл бұрын
Mind blowing in 2021! Why didn’t i see this in 2018 :((((
@JR-jj2dh
@JR-jj2dh 2 жыл бұрын
Peoples will be saying the same about now in 1,2,5,10 years time 💡
@Adityasomani555
@Adityasomani555 2 жыл бұрын
Mind blowing in 2025! Why didn’t I see this in 2021? :(
@paradiselivinginpurpose
@paradiselivinginpurpose 3 жыл бұрын
Clearly, this guy is a genius. BitCoin is still a new (difficult) concept to MOST of us, but see this video right here? Comprehensive, concise, complete. Well done, Nate! Thank you! *Subscribed*
@chroniclemartin4691
@chroniclemartin4691 2 жыл бұрын
Hi paradise yuille how are you doing
@johnking6624
@johnking6624 Жыл бұрын
Clearly this is a con. If I start up a new bitcoin ledger and sell it to dummies it has all of the virtues of the original Bitcoin. So I can start a million of them and hope the patsies don't notice? You've got to be as dumb as a brick to fall for this.
@BernieDoran-cl2gk
@BernieDoran-cl2gk 7 ай бұрын
Good you understood better
@amg557
@amg557 7 ай бұрын
Thank you for a clear, concise, and understandable video. You should be teaching a basic economics course! I think a lot of people would benefit from hearing your wondeful explanation of inflation
@99Bitcoins
@99Bitcoins 7 ай бұрын
Wow, thank you!
@zeed5764
@zeed5764 8 ай бұрын
So well written and presented! 👍🏻
@99Bitcoins
@99Bitcoins 8 ай бұрын
Thank you kindly!
@chickensandw1tch
@chickensandw1tch 4 жыл бұрын
U got urself a new subscriber 🔥
@thrasymachus5116
@thrasymachus5116 3 жыл бұрын
Hi, thanks for your video. I'm wondering how relevant this information is? Thanks
@user-od8in2og1m
@user-od8in2og1m 2 ай бұрын
Great simple explanation. Great job
@ejeter4710
@ejeter4710 Жыл бұрын
Thanks for the info. Am thinking abt purchasing some but am alittle curious to kn first
@socalbengal3087
@socalbengal3087 4 жыл бұрын
Great explanation. Looking forward to all your other ones. I'm holding 1 coin but still.learning as I go. 👍
@edithdomschy
@edithdomschy 4 жыл бұрын
Loved it! I watched a lot of explainer videos about Bitcoin and none of them explained it so well. Thanks!
@De-Nicetv
@De-Nicetv Жыл бұрын
I really love the way the explanation was made.
@cidagrande7070
@cidagrande7070 7 ай бұрын
Nate, thanks for this awesome introduction to Bitcoin! Your ability to explain complex topics in plain English is truly appreciated. I'm excited to dive deeper into this series and learn more about how Bitcoin works and its potential impact on the future of money. Keep up the great work! 💰🚀
@99Bitcoins
@99Bitcoins 7 ай бұрын
My pleasure!
@Wesleysubul
@Wesleysubul 4 ай бұрын
Very interested
@ravshanrashidov
@ravshanrashidov 2 жыл бұрын
WoW! Amazing! Thank you very much for this kind of explanation! More than 10 people tried to explain me this but they couldn't, you did in 12 minutes. Thanks man! Subscribed immediately and heading to the next videos.
@paulstreet7823
@paulstreet7823 Жыл бұрын
If you are interested in bitcoin I can help you earn that amazing profit you desire because I use the most sophisticated bitcoin and cryptocurrency mining machines and personal developed analysis intertwined with my wealth of experience which enables me earn huge profit and that is guaranteed
@abenatakyiwaa8063
@abenatakyiwaa8063 Жыл бұрын
Same
@leahmay1506
@leahmay1506 3 жыл бұрын
Very informative! Thank you!
@bobbygunz9254
@bobbygunz9254 2 жыл бұрын
agree bitcoin will ascend to the capital throne no matter what happens to the economy!
@viviangall1786
@viviangall1786 2 жыл бұрын
Exactly, that expression "buy back your time" well thats what investing allows you to do.
@chris-pj7rk
@chris-pj7rk 2 жыл бұрын
Still super skeptical about this whole Bitcoin thing
@viviangall1786
@viviangall1786 2 жыл бұрын
@@chris-pj7rk Cryptocurrencies are the future of finance. The world is evolving, follow it or be left behind!
@chrismillson2779
@chrismillson2779 2 жыл бұрын
@@claradidi7573 The crazy part is that those F.A are probably outperforming the index and raising good returns. I will give this a look, I'm really thankful that i can came across such a conversation.
@danielroman1899
@danielroman1899 Ай бұрын
When the internet goes down, so does all crypto..
@kenrick5095
@kenrick5095 2 жыл бұрын
BTC for $75K by end of this year& Control of The Currency is already Decentralised And now the China disruption would simply Decentralise the Mining setup for the better
@omdiq-namarlyi585
@omdiq-namarlyi585 18 күн бұрын
The great work
@madamsecretary123
@madamsecretary123 3 жыл бұрын
Thanks for taking time to explain but I still don’t understand. You have a new subscriber 🙌🏾.
@99Bitcoins
@99Bitcoins 3 жыл бұрын
Thanks for joining us! Your comments and questions help us continue to provide helpful info about cryptocurrencies.
@gypsygirl9
@gypsygirl9 3 жыл бұрын
I still don't get it. Some entity has to have oversight.? Money in the bank is FDIC insured up to 250k per account. What if a problem arises with a Bitcoin transaction, then what? You have nobody to call for support? Just like Cashapp. Lol.
@raphael4875
@raphael4875 3 жыл бұрын
@@gypsygirl9 what do u mean exactly by " a problem with bitcoin transactions." I'm still new to bitcoin, but from my understanding, if you want to send a bitcoin to someone, you need their bitcoin address. I am not exactly sure what you meant by transaction problem, could you please go more in-depth?
@katemagdalena9657
@katemagdalena9657 2 жыл бұрын
@@gypsygirl9 if you don’t understand you can inquire more from professional like myself
@rolfrhom37
@rolfrhom37 3 жыл бұрын
Lesson 1 is good... will watch the others as well. You explained the basics of "money" very well and in a simple, understandable format. Thank you.
@Shofar_chinwor
@Shofar_chinwor Жыл бұрын
Hello dear ❤️
@lifewithlove18
@lifewithlove18 2 жыл бұрын
love your videos. u explained it clearly and understandable
@niueanlaho
@niueanlaho 2 жыл бұрын
Thank you very much sir..........i understand a little more than before.........
@BlueprintBro
@BlueprintBro 4 жыл бұрын
Great video! I've always wanted to understand this topic and I'm pretty sure that I've found the right place to finally do just that. Thank you.
@natusfreedom472
@natusfreedom472 3 жыл бұрын
Love your simplified , explanation of crypto , bravo
@DenelsiaWalker
@DenelsiaWalker 11 ай бұрын
Awesome. Just finished listening and taking notes. Thank you Nate!
@99Bitcoins
@99Bitcoins 11 ай бұрын
You are welcome Danelsia
@mikeash7193
@mikeash7193 Жыл бұрын
I had 4 tears of economics classes in college, and this is better than any class/lecture I ever had. This guy explains it thouroghly.
@migglemaggle9500
@migglemaggle9500 13 сағат бұрын
Do you mean 4 tiers?
@sastindxa7
@sastindxa7 4 жыл бұрын
So many people have youtube title to explain, what is bitcoin? But only you explained well. Thanks alot man. Keep up your good work
@oliviadaniel1607
@oliviadaniel1607 4 жыл бұрын
Cyptocurrency is the future money. Follow mr flanmustelafu for tips on how to trade Cyptocurrency, also if you wanna trade with me. here he's is email flanmustelafu@gmail. com
@robertball6301
@robertball6301 4 жыл бұрын
@@oliviadaniel1607 I see the great potential in bitcoin, example you are in an airport and security guards cannot attempt to steal your money.
@chrisvardy5768
@chrisvardy5768 3 жыл бұрын
Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.”
@billsmith8306
@billsmith8306 3 жыл бұрын
Outstanding... Thanks.
@pasindumadushanka3388
@pasindumadushanka3388 4 ай бұрын
Fantastic explonation,thank you for educating me
@Ajax2solid
@Ajax2solid 2 жыл бұрын
Explanation 🙇🏽‍♂️🧘🏽‍♂️👌🏽👌🏽🙏🏽
@aceyshari
@aceyshari 3 жыл бұрын
wow, I feel so enlightened by this .Thanks for sharing your wisdom and making it easy for my understanding.
@Ana-jj4lw
@Ana-jj4lw Жыл бұрын
You are welcome
@soujanyach6237
@soujanyach6237 3 жыл бұрын
Very nicely explained. I haven’t understood Bitcoin a lot but the evolution of Bitcoin and what it is trying to replace is very well explained.. subscribed!!
@99Bitcoins
@99Bitcoins Жыл бұрын
Thanks for watching!
@Lisa.Daviddhhd
@Lisa.Daviddhhd 10 ай бұрын
Do you know that you can earn more than $10,500 weekly and more than $25,000 monthly in trading bitcoins with a suitable and well guaranteed platform broker without doing anything stressful?
@johnedwin8053
@johnedwin8053 2 жыл бұрын
Saving Bitcoin is not a bad idea but trading Bitcoin earn you more...I have lost over 20k Worth of Bitcoin with the current dip
@aloyagangi1540
@aloyagangi1540 2 жыл бұрын
Despite the economic crisis and the coin dip,this is still a good time to invest in Bitcoin trade
@lawansani2722
@lawansani2722 2 жыл бұрын
It's possible to produce superior performance provided you do something different from the majority
@graemecastles5306
@graemecastles5306 2 жыл бұрын
That's an awesome idea,a good trading system would you through many day's of success
@EmanuelKarel
@EmanuelKarel 3 ай бұрын
thank you very much. IN BITCOIN WE TRUST.
@kentonnash4042
@kentonnash4042 3 жыл бұрын
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result hard work and hustle over time. I pray that anyone who reads this will be successful in life
@jackyweluzani2060
@jackyweluzani2060 3 жыл бұрын
Amen
@davidd2661
@davidd2661 3 жыл бұрын
Brahamen
@noelaevody7802
@noelaevody7802 3 жыл бұрын
Amen and you too
@rogerbec5766
@rogerbec5766 3 жыл бұрын
Very well put. Rhetorically speaking, may I add the following. The word "successful" is quite a relative word. In other words, my definition of success may not necessarily equate to your standards. Having said that, I too pray that many will ultimately find success in their own way. God Bless.
@The160879
@The160879 3 жыл бұрын
Class Act Top Man
@headphonesyt2300
@headphonesyt2300 3 жыл бұрын
yaaaay finally, the content that i was looking for
@brogamal
@brogamal Жыл бұрын
very very excellent video.
@sipiyakamimi1648
@sipiyakamimi1648 Жыл бұрын
Very helpful. Just subscribed to know more about Bitcoin. Thankyou!
@Lanexa
@Lanexa 3 жыл бұрын
Thank u for this video ! I’ve been confused lol
@hannaarockiaraj9535
@hannaarockiaraj9535 4 жыл бұрын
Thank you, it's so nice to understand bitcoin in a simple manner, may I know is this safe because you told that anyone can access or see our ledger, is this safe?
@plasticman2011
@plasticman2011 4 жыл бұрын
Because everyone has access and is maintaining a full copy of the same ledger, you can be sure it hasn't been altered. This is just one of the features that make bitcoin safe and secure.
@hannaarockiaraj9535
@hannaarockiaraj9535 4 жыл бұрын
@@plasticman2011 tq for the reply
@rosenskietolentino8420
@rosenskietolentino8420 2 жыл бұрын
this may be a dumb question but I am just wondering if coin mining became unprofitable, who will keep up/update with the ledger?
@meshacaudle2551
@meshacaudle2551 4 ай бұрын
Thank you for this simply put presentation
@99Bitcoins
@99Bitcoins 4 ай бұрын
You're very welcome!
@natz1122
@natz1122 3 жыл бұрын
Clear and a very easy way of explaination..good job..
@giftigbonacho4403
@giftigbonacho4403 3 жыл бұрын
Very interesting, pls explain more
@DECENTRALISEDDIGITALBITCION
@DECENTRALISEDDIGITALBITCION 9 ай бұрын
Can u explain I own the cryptocurrency bank and hold the sotoshi nakamoto encryption key and wallet
@jimsaintamour2
@jimsaintamour2 Жыл бұрын
Excellent!! Thank you so much. Question: what is Bitcoin backed by? Is it similar to fiat in that it is backed by trust in the system?
@PelikeMaia
@PelikeMaia 3 жыл бұрын
At the end of this video, i can safely say....im still in the 99% of the population..who are clueless.
@colinwhite5355
@colinwhite5355 2 жыл бұрын
And I can safely say that I, too, am not so much as a single percentage point wiser.
@0726936620
@0726936620 2 жыл бұрын
I'm relieved I'm not the only dumb ones🤣
@iainallan573
@iainallan573 2 жыл бұрын
Not so clueless now..but certainly not anymore confident in it..8n fact the more im understanding it..the less confidence i have in it...i think many want it to be true...
@michealtucker6360
@michealtucker6360 2 жыл бұрын
Bitcoin is very profitable but if you don't have any club on how to earn it better you stay off it because you might lose a lot of money
@iainallan573
@iainallan573 2 жыл бұрын
@@michealtucker6360 what high IQ do you need..you buy some bit coin..you wait for price to go up..you sell ..basically l8ke the stock market...i understand it..dont trust it long term..and dont believe in these schemes...whos the loser..for someone to get rich..someone has to get poor..
@SpeakTagalogWithJC
@SpeakTagalogWithJC 3 жыл бұрын
This is an awesome explanation. I think the reason why it is so difficult to understand what bitcoin is is because many don’t understand what it means when money is described as “centralized” and you explained that very well. I finally understood it thanks to you! :)
@Brutal858SD
@Brutal858SD 3 жыл бұрын
can you help me out? So for example if i were to buy $1000 worth of bitcoin and for example lets if it were at 30k and then bitcoin went up to 31k. How much would I of made in us dollars you think?
@SpeakTagalogWithJC
@SpeakTagalogWithJC 3 жыл бұрын
@@Brutal858SD if I’m not mistaken, you’re bitcoin would have become 1033.33 usd worth by then, so you’d have already made 33.33
@rrestoring_faith
@rrestoring_faith 2 жыл бұрын
@@Brutal858SD You would make 1/30th profit. You are already exchanging its value to say it is 30k up to 31k. I would be cautious of buying it with real money as it is very volatile right now. Also be aware of scams, be sure you know the service you are using is safe. -- OOPz late reply. Thought I was on most recent comments :$
@NazriB
@NazriB 2 жыл бұрын
Lies again? Bet Clic
@johnnyfrank2328
@johnnyfrank2328 2 жыл бұрын
@@NazriB I think you don't know about btc investment
@peteranderson217
@peteranderson217 Жыл бұрын
Can a property in Spain be sold by Bitcoin only including all payments to Estate agents solicitor and the rest of them? Liked the videos content information.. Want to learn more about it.
@ErrolGoveas
@ErrolGoveas 2 жыл бұрын
Very very we’ll explained indeed. Could you help me understand why is Bitcoin or any other crypto currency pegged against the US Dollar or against paper money which is centralised
@khloe-3078
@khloe-3078 3 жыл бұрын
“Bitcoin price keeps increasing exponentially” Me: *buys bitcoin* Bitcoin: well now I’m not doing it
@adebayosamuel3149
@adebayosamuel3149 2 жыл бұрын
Yes
@Novemberscorpio1119
@Novemberscorpio1119 2 жыл бұрын
Right that’s how I feel about it
@btsoc1397
@btsoc1397 2 жыл бұрын
It's the natural cycle. Just hold it. Years from now you'll see. Just go back through the years to look at the natural cycle.. it will go back up. It's much higher than it was a year ago
@matthewburgess5034
@matthewburgess5034 2 жыл бұрын
Try converting it back to cash. Reports I’ve heard is that you can’t
@XaYaZaZa
@XaYaZaZa 2 жыл бұрын
@@matthewburgess5034 😂 idiot
@inhighdefinition
@inhighdefinition 3 жыл бұрын
Fantastic work, Nate! This has been shedding light since I have a lot of questions about Bitcoin. I am 2 videos in but I love how you make the terms easier to digest to the average user. Liked and subscribed.
@whatsapme1451
@whatsapme1451 Жыл бұрын
LET'S TALK 👆👆💬 Comment appreciated we can communicate through the above contact please$$,
@hopeedge219
@hopeedge219 Жыл бұрын
Since I have invested 200.00 in bit coin does that mean I own some Bitcoin?
@pnazk7387
@pnazk7387 Жыл бұрын
Wow i have not heard Bitcoin as well explained as this. Thank you for making this available to us.
@99Bitcoins
@99Bitcoins 9 ай бұрын
You're very welcome! I'm glad to hear that you found our explanation of Bitcoin helpful.
@clashofclans_bj1812
@clashofclans_bj1812 3 жыл бұрын
This was EXTREMELY helpful. Thanks 👍
@Jayreed4Jesus
@Jayreed4Jesus 4 жыл бұрын
This has been the best explained bitcoin video I’ve seen yet. Thank you. Liked and subscribed.
@Shannon_2233
@Shannon_2233 Жыл бұрын
Despite the economic downturn, l'm having the best time of my life financially. Earning over $120k in the last 2months with an investment of $20,000. Money can be made even in a bear market. Make the most of it.
@kivikocher8458
@kivikocher8458 Жыл бұрын
Absolutely brilliant explanation, pleasant to listen to and very informative. Well done, keep the good work up.
@99Bitcoins
@99Bitcoins 9 ай бұрын
Thank you so much for your kind words!
@user-hv3px4fe7h
@user-hv3px4fe7h 6 ай бұрын
Ooops
@luannapierce2544
@luannapierce2544 4 ай бұрын
Nate, very helpful, thank you very much. Subscribed!
@99Bitcoins
@99Bitcoins 4 ай бұрын
Awesome, thank you for your support!
@luannapierce2544
@luannapierce2544 4 ай бұрын
​@@99Bitcoins Nate, the next video goes much faster and assumes words/phrases known like, " the lightning method" are known and they are not. Did you know that to get a written transcript there is a link below in that video that takes you to a paid KZbin subscription... while i think you should be paid giving us ways to understand you is part of that service to the world it seems that you are doing. oh but there is more and it is worse than that, there is a link for the "free video "transcr[pt" that then asks for your email address. Now, as I believe your teaching has value and you deserve to be paid for it, you might want to look at the guy who is piggybacking off you..
@99Bitcoins
@99Bitcoins 4 ай бұрын
Please share the link to that video via DM here -> web.facebook.com/99bitcoins/ Thank you )
@vaughanmoody
@vaughanmoody 3 жыл бұрын
I’ve been looking for a good, simple explanation of Bitcoin to send to my Dad and Father in Law, as a I find it hard to explain. I looked at a few other videos before this one, but this one is the best I have found so far. Thank you for making this video.
@tasha911
@tasha911 Жыл бұрын
Hi
@ellarose423
@ellarose423 3 жыл бұрын
So well explained!! Thanks 😊
@realtorhirenpatel
@realtorhirenpatel Жыл бұрын
Thanks for yr valuable information.
@shubhigautam
@shubhigautam 2 ай бұрын
Wow!!! What a beautifully explained video. I'm new to the crypto world and this has definitely made me want to learn more. Thank you so much!
@99Bitcoins
@99Bitcoins 2 ай бұрын
Welcome aboard!
@atomrockerrrr
@atomrockerrrr 4 жыл бұрын
Very comprehensive and easy to follow explanation of Bitcoin and money in general. Thank you.
@Lisa.Daviddhhd
@Lisa.Daviddhhd 10 ай бұрын
Do you know that you can earn more than $10,500 weekly and more than $25,000 monthly in trading bitcoins with a suitable and well guaranteed platform broker without doing anything stressful?
@wecandobetter9821
@wecandobetter9821 3 жыл бұрын
I must be as dumb as a box of rocks. I still don’t fully understand. The only part I got was “everyone trusting the government “ That’s the funniest thing I’ve heard in ages.
@danielriley9231
@danielriley9231 3 жыл бұрын
lol. Try watching again
@Octopussyist
@Octopussyist 3 жыл бұрын
@Alright Alright Alright Bingo. Intelligent people are good at figuring out exactly HOW MUCH they need to know and realize that there is no way they'll know everything about anything.
@shakerleveledup7345
@shakerleveledup7345 3 жыл бұрын
I feel the exact same.
@abdulrashed9119
@abdulrashed9119 3 жыл бұрын
@@Octopussyist right!
@danteeep
@danteeep 3 жыл бұрын
its an alternative to money with lower costs
@salimonhabeeb6273
@salimonhabeeb6273 Жыл бұрын
Thanks for sharing the knowledge
@alexanderstevens145
@alexanderstevens145 2 жыл бұрын
Good explanation thank you. I can’t see myself getting on board as of yet but we’ll see.
@gregoden8306
@gregoden8306 2 жыл бұрын
Everyone’s got their opinion but I’d advise you take your chance while you can. Better late than never they say
@aldozs
@aldozs 3 жыл бұрын
Thanks a lot. Even for me a non-native English user was clear. Cant wait to see more.
@jessicabunnie2466
@jessicabunnie2466 3 жыл бұрын
PM me
@yokotraderx1548
@yokotraderx1548 3 жыл бұрын
thanks so much if anyone didn't understand please listen again and again this is well explained...
@chukwunochiejohn8376
@chukwunochiejohn8376 5 ай бұрын
Pls my friend am new beginner, I want u to guard me on it pls
@Ravikanthful
@Ravikanthful Жыл бұрын
Thank bro its very useful I learned something here
@onlinefraudprotect6688
@onlinefraudprotect6688 2 жыл бұрын
Great explanation!
@TheMassa114
@TheMassa114 4 жыл бұрын
Thank you for this explanation God bless you
@camillecamille7151
@camillecamille7151 3 жыл бұрын
Explained very well! Still hard to understand, but one of the best videos on the topic.
@marias7614
@marias7614 3 жыл бұрын
Do you invest in Bitcoin?
@joeljenny4832
@joeljenny4832 Жыл бұрын
You see my friend, the best way to get knowledge is to learn on the job. Also benefiting from crypto investment isn't rocket science, all you need is to discover what really works and dive in to it, by that I mean a good platform as well as a good risk management strategy. You only want to have your investments where your capital is safe, secure and possibly insured. What's your number so I can text you details on how to go about it?
@investmenttrade748
@investmenttrade748 Жыл бұрын
Yes
@johnparris2353
@johnparris2353 Жыл бұрын
U can talk all day only u can work it out leave things as they r
@SharonFears
@SharonFears Жыл бұрын
Thank you. Though I’m still trying to understand it. Your information is helping in that journey.
@99Bitcoins
@99Bitcoins Жыл бұрын
Happy to hear that!
@candyguy05
@candyguy05 Ай бұрын
Excellent explanation i learnt a lot even about the importance of decentralisation
@romanperone1237
@romanperone1237 3 жыл бұрын
I have watched a lot of explanatory videos on crypto, this is the most informative. Well done and thank you!
@royfearn4345
@royfearn4345 2 жыл бұрын
And STILL I don't get it. We should have stayed with the gold standard. Or gone back to bartering?
@kleinhandsome4928
@kleinhandsome4928 2 жыл бұрын
@@royfearn4345 😂 nah
@amartyaasengupta8187
@amartyaasengupta8187 2 жыл бұрын
@@royfearn4345 that’s …a lot time consuming and stupid .And gold i’d decreasing day by day so ya there u go
@amartyaasengupta8187
@amartyaasengupta8187 2 жыл бұрын
@@royfearn4345 and if palace currency has worked so will btc imo
@JesseMarku
@JesseMarku 3 жыл бұрын
Not only I can learn about Bitcoin from you, but I'm also learning advanced financial concepts in a simple compressed and comprehensive language. Subscribed!
@JohnDavid-nu8nb
@JohnDavid-nu8nb 2 жыл бұрын
Are you looking for a well trusted site were you can invest Bitcoin and earn more of your investment? *CRYPVEX* is the right place to invest, I'm a leaving proof I invested $2500k worth of BTC they min and I got paid don't wanna keep this all alone.
@daisystars4903
@daisystars4903 2 жыл бұрын
This video is really great and I understand it well. I will look forward for more videos from you and will decide when I'm ready for this. Thanks! again
@ritagideon9784
@ritagideon9784 Жыл бұрын
This content is very simple and understandable… thanks a lot
@ibrahimr.khojasteh9919
@ibrahimr.khojasteh9919 3 жыл бұрын
Hi. Thanks for the video and valuable info. I have a question though; if blockchain is "decentralize" how come there are servers to which you get to connect to, I mean, if I'm correct, there servers addresses to which one gets connected, what if the server owner decides to suddenly pull the plug, this way, would everybody get disconnected and thus loose their cryptoes? Please explain... Thanks
@niamhlynn5213
@niamhlynn5213 3 жыл бұрын
Thank you for this! This is a wonderful explanation.
@MarkRichard-vb9oq
@MarkRichard-vb9oq 6 ай бұрын
I'm new to stock market /Crypto and would like to invest but I've go no idea on how to make good profits. Pls what's the best approach you'd recommend?
@TatianaLondono-hv5kr
@TatianaLondono-hv5kr Ай бұрын
I will enlighten you on how to trade and earn while trading Inbox me to learn
@SandraBlessed4ever
@SandraBlessed4ever Жыл бұрын
Beautifully explained. Thank you 🙏
@99Bitcoins
@99Bitcoins Жыл бұрын
Glad it was helpful!
@EstherOsadebe
@EstherOsadebe Жыл бұрын
Am into Bitcoin
@shareneneri5597
@shareneneri5597 4 жыл бұрын
THAT WAS EXCELLENT. THANK YOU
@krrsantan6775
@krrsantan6775 2 жыл бұрын
"Don't worry if you know nothing about bit coin, at the end you will still no nothing, but no need to worry about it"
@terrywix6844
@terrywix6844 2 жыл бұрын
Learn the different meaning and proper grammar useage of the word no verses now verses know verses canal. Hooefully, you are more confused.
@krrsantan6775
@krrsantan6775 2 жыл бұрын
@@terrywix6844 lol, little gramamamamar bitch
@Mekaneckpain
@Mekaneckpain 8 ай бұрын
There is a factor that can effect the use of bitcoin... if my power goes out, or if the internet goes out, I can no longer make transactions. So, if bitcoin were to become the new way to buy everything, those issues would need to be addressed.
@99Bitcoins
@99Bitcoins 8 ай бұрын
Hi @Mekaneckpain, You bring up a valid scenario. Cold hard cash will always have a place in our lives. In such an event of power getting knocked off the grid, banks too would be affected, right? Unless they have backup generators. Coin miners also tend to have backup generators to ensure they keep running even when power is cut off from the grid.
@BernieDoran-cl2gk
@BernieDoran-cl2gk 7 ай бұрын
Yeah sure, it definitely needs to be addressed
@Pedro.Ventura
@Pedro.Ventura 8 ай бұрын
This is good content!
@99Bitcoins
@99Bitcoins 8 ай бұрын
Many thanks!
@BernieDoran-cl2gk
@BernieDoran-cl2gk 7 ай бұрын
Interested in mentorship course
@99Bitcoins
@99Bitcoins 6 ай бұрын
For the complete text guide visit: bit.ly/2C2zT6e Join our 7-day Bitcoin crash course absolutely free: bit.ly/2pB4X5B
@sehunlimitedsonyahoward1165
@sehunlimitedsonyahoward1165 3 жыл бұрын
I have a ? What is coinbase? I'll keep watching series. Thank you for doing it.
@tomforni1400
@tomforni1400 3 жыл бұрын
Coinbase is a centralized location to purchase different digital currencies.
@sehunlimitedsonyahoward1165
@sehunlimitedsonyahoward1165 3 жыл бұрын
@@tomforni1400 thank you
@tallyjra
@tallyjra 3 жыл бұрын
The best and simple explanation, you are such a wonderful teacher thank so very much.
@AprilCarlson-rm5rq
@AprilCarlson-rm5rq 14 күн бұрын
Yes. really good information
@aurorarostenila6708
@aurorarostenila6708 10 ай бұрын
Thank you. Easy to understand and open my sight.
@99Bitcoins
@99Bitcoins 9 ай бұрын
You're welcome! I'm glad to hear that could help you and broaden your perspective. If you have any more questions or need further assistance, feel free to ask.
@TheASG2010
@TheASG2010 3 жыл бұрын
Pretty good video, think it's helpful to expand on the first point, money is value. Money is perceived and agreed upon measure of value.
@jfilesgraphics
@jfilesgraphics 3 жыл бұрын
I had to watch this a couple of times to let it sink in. I'm finally getting it....thanks
@uriahpeep1753
@uriahpeep1753 3 жыл бұрын
Here's a tip.......drill a small hole in your cranium.......then, next time you view it, it will pour into that hole........PS. I am a certified brain surgeon who has a dandy drill in hand.
@georgephilips2601
@georgephilips2601 Жыл бұрын
U can earn Bitcoin free, lemme guide u
@nelulusimson3408
@nelulusimson3408 2 жыл бұрын
very excellent explanation even someone who's hasn't had about bitcoin he will catch up.
@aberabirhanu
@aberabirhanu Жыл бұрын
Best explanation ever
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