
Bitcoins and Blockchains: Cryptocurrency Explained
5 Live Science Podcast
00:00
The History of Bitcoin
The benefit here is that you can trust that you've genuinely been given some tokens online, which represent money. They've used this blockchain to prove not only who gave you the money, but that the money actually happened in time. It's like one giant bank statement that says what everyone gave everyone at any time. That's Bitcoin.
Transcript
Play full episode