Dan Martell - April 20, 2022


Crypto in 30 seconds #Shorts

Hosted by
Dan Martell
Mentioned
Bitcoin
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Episode Stats


Length

59 seconds

Words per minute

84.03

Word count

84

Sentence count

6


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

The blockchain is a new technology that allows multiple computers to agree on a transaction. It allows you to say, "I own this" and you can prove that I own this because it's on the blockchain. They talk about a public ledger, and there's no central organization to do this. There's no eBay, no Amazon, no government, there's nobody.

Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.200 The number one thing you need to understand
00:00:02.440 is there's this new technology
00:00:04.480 that's called the blockchain.
00:00:06.160 If the blockchain doesn't exist, there is no Bitcoin
00:00:08.760 and multiple computers have to agree on a transaction.
00:00:12.520 It allows you to say, I own this
00:00:15.080 and you can prove that I own this
00:00:17.100 because it's on the blockchain.
00:00:18.320 They talk about a public ledger
00:00:20.160 and there's no central organization to do this.
00:00:23.000 There's no eBay, there's no Amazon,
00:00:25.440 there's no government, there's nobody.
00:00:30.000 Thank you.