Bitcoin: Here’s a 14-minute video that explains this enigma perfectly

Bitcoin, the digital currency that just a few years ago was virtually unknown is now showing some staying power.

Marco Angelo D'Souza

Bitcoin, the digital currency that just a few years ago was virtually unknown is now showing some staying power.

Bitcoin has evolved into a software-based payment online system or an alternative currency touted by a fervent group of followers. But what exactly is Bitcoin? Very few people are aware of what it really is and what its implications are.

I came across a particular video in which the speaker, Wences Casares, the Founder and CEO of Xapo (a company operating in the Bitcoin space) recently delivered a talk explaining this intriguing new concept, and provides a clear, illustrative explanation of what this new phenomenon implies. In a way the rest of us can understand.

Here is a a 14-minute presentation given by Wences Casares, the Founder and CEO of Xapo, perfectly explaining the concept it layman terms.

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.