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Dan Martell
- April 20, 2022
Crypto in 30 seconds #Shorts
Episode Stats
Length
59 seconds
Words per Minute
84.02801
Word Count
84
Sentence Count
6
Summary
Summaries generated with
gmurro/bart-large-finetuned-filtered-spotify-podcast-summ
.
Transcript
Transcript generated with
Whisper
(
turbo
).
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.
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