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Lorne Lantz @ Bitcoin Beginner's Fair
http://moneyandtech.com/Lorne-Lantz-Beginners-Fair/ Bitcoin entrepreneur and educator Lorne Lantz presents at Money & Tech's recent Bitcoin Beginners Fair at 20Mission all about the basics of Bitcoin. Lantz explains the difference between centralized and decentralized systems, comparing it to the difference between Napster and Bittorrent, and illustrating who decentralized banking would benefit the most. After that, Lantz explains the blockchain, bitcoin miners, and demonstrates how a transaction actually works live. Moving on to the subject of wallets, Lantz explains where you can get them and the difference between popular wallet providers Blockchain and Coinbase. Lastly, Lorne talks about some interesting things you can do with your bitcoins. http://moneyandtech.com/Lorne-Lantz-Beginners-Fair/
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