Bitcoin Explained and Made Simple

Bitcoin explained and made simple | Guardian animations

Baffled by bitcoin? Confused by the concept of crypto-currencies? Well, fear no more. In 190 seconds we explain what bitcoin actually is, where the idea came from and the impact it’s having around the world. Is bitcoin the future of finance, a potential destroyer of the economy … or just a silly slice of technical utopianism?  source: TheGuardian