Week 21: Bitcoin!

"The first step towards loyalty is trust."

Bitcoin! Most likely you have heard of it. Digital gold, and immutable ledger, the future of money and finance! Bitcoin has been in the news recently as the price has skyrocketed to over $60,000. Additionally, it has gotten to this price and gained media attention from major companies adding it to their balance sheet (Tesla, MicroStrategy, Square). For this week's Tuesday's Fix, we will discuss the where bitcoin came from, how it works, and what is happening with it now.

1. Where Did Bitcoin Come From? – The True Story: In this video Dagogo takes you through a quick history of all the previous technologies and predecessors of bitcoin, and how these different technologies and projects, as well as other world events, led to the creation of Bitcoin.

Watch Where Did Bitcoin Come From by Cold Fusion

2. But how does bitcoin actually work?: Vanilla s. The technology of Bitcoin and blockchain technology can often be hard to understand, or often confusing when other explain it, but this video does a great job of breaking down the 'Bitcoin Protocol' for those looking to understand.

Watch But how does bitcoin actually work? by 3Blue1Brown

3. Satoshi Nakamoto and the Civil-War Within Bitcoin: The creator of Bitcoin is still a mystery to this name. The name above is a pseudonym for the person or persons that created it. But that hasn't stopped people from trying to figure out who the real person behind Bitcoin is, nor has is stopped the path of Bitcoin from being pulled in various directions along the way.

Watch Satoshi Nakamoto and the Civil-War Within Bitcoin by by Cold Fusion

Call to Action! If you haven't invested in bitcoin yet, today is the day to look into it and buy some. Even if its just $1, take your first step into the larger world of bitcoin. If you have already invested in bitcoin, here is your message to buy some more!

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