#101: Peter Smith—What in the World is Cryptocurrency?
Why That Worked – Presented by StoryBrand.ai
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The Complexity of the Internet
The way the internet works is it's designed for a file to be split endlessly. So when I send you a hundred dollars worth of Bitcoin, we don't need Chase or the Federal Reserve as intermediaries. All we have to do is look at the network itself because of the use of applied cryptography to secure the transaction. What our space does and what sort of distributed ledger technology, blockchain, cryptocurrency and all this is really just about using applied cryptography.
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