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How Does BitCoin Work?

9070 ratings | 1686046 views
If money is only valuable when we believe in it, how much is a BitCoin actually worth? Jonathan explains the virtual currency as well as how to mine it and the risks involved in investing. Whether the topic is popcorn or particle physics, you can count on the HowStuffWorks team to explore - and explain - the everyday science in the world around us on BrainStuff. Download the New TestTube iOS app! http://testu.be/1ndmmMq Watch More BrainStuff on TestTube http://testtube.com/brainstuff Subscribe Now! http://www.youtube.com/subscription_center?add_user=brainstuffshow Watch More http://www.youtube.com/BrainStuffShow Twitter http://twitter.com/BrainStuffHSW Facebook http://facebook.com/BrainStuff Google+ http://gplus.to/BrainStuff
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Text Comments (1511)
lombardo oviedo (1 day ago)
Bitcoin will overtake banks just like email did to post offices, so don’t give up. I started buying BTC when it was $5000, I bought 2BTC at first, I used to Buy and Hold until i came across a testimony about a Trader Bennett Parker that teaches people how to trade and increase their Bitcoins,the first week working with him i increased my 2 BTC to 7BTC, bitcoin will soon be worth $20,000 which means a lot of gain for me, increase the little you have, contact him at [email protected]
Paul F (1 day ago)
"Holy Cow Batman-- it's a Batcoin'!"
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American Russian (9 days ago)
This ain't working so For working video go here : youtube.com/watch?v=gNtNIk-n8Is
Mike Jones (9 days ago)
Whose can hack bitcoin with know up front cost fee ???
Roanne Reyes (9 days ago)
Hi Guys, you may put your bitcoins into an investment as well. You should try this site, it is Legit and has high return. Get 50% BONUS before you deposit, as a sign of trust from our company. JOIN us now at Belaska.com, and interact with our investors' Facebook group now!
How does a math equation, which is an abstract concept, become a ' tangible ' currency ? Where are the math problems located online and how does one start a mine
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Mack Dizzy (16 days ago)
This Is Too Much 🤦🏾‍♂️
Sergio Bocanegra (17 days ago)
Man I wish I bought bit coin when this video came out
u82zar (18 days ago)
People will buy and believe anything. People are determined to believe fairy tales. Not too ago, people were selling the idea of being rich. It may still be around and people may still be following for it. The idea was the following: Person A would invite Person B to one of these conventions on being wealthy and how to think wealthy. There was a catch. Person B needed to Pay Person A 1500 dollars and the only way Person B could make money is if Person B invited Person C who also had to pay 1500 USD. The only way Person C would make money is to invite Person D and you guessed it, Person D need to pay C 1500 USD to attend these "Think wealthy" get togethers. Meanwhile Person A, B, C and etc... etc... all needed to invite as many people as they could to these conventions. People actually fell for it.
people hello (19 days ago)
I have 3 of them ._.
Excellent explanation of how bitcoin works. Thanks! http://www.bitcoinivestingcenter.com
Gordon (12 days ago)
Hello do you know you can earn 0.5BTC into your wallet address.? You can contact Ewan (@ewang_hacker) on instagram for any bitcoin hack and bitcoin transactions. Thank me later!
william adams (22 days ago)
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William Bowen (23 days ago)
Hello good friends I hope y’all having a nice day?my name is William Bowen am a legitimate trader on foreign exchange both buying and selling,I deal on Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It was designed to work as a decentralized digital currency without a central bank or single administrator, though in practice many aspects of its use are centralized you can invest by buying your bitcoins and gaining 15% profit on very coin you trade for more information you can contact me via whatsapp (+17816567934)and [email protected]
Selby Helaine (26 days ago)
socialbird.dk/free-bitcon-generator?907
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jerry smith (27 days ago)
received a transfer of $70,000 from kryptohacker.wordpress,com
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Follow the link below for free bitcoin http://bitcoininvite.com/?ref=x7utDQh8
İsmat Agamirzayev (29 days ago)
With companies like Lamborghini, Expedia, Subway, Virgin & many other Inc. 500 companies now accepting bitcoin/Crypto currency – It’s clear it’s here to stay & is taking over fast ..So we have all heard of Bitcoin & CryptoCurrency, so why isn’t everyone succeeding or starting with it? https://jvz6.com/c/1069113/294890
Kris Garcia (1 month ago)
you can also check out Belaska Limited Investment, a company that operates in financial/crypto market.
Whitaker's World (1 month ago)
Best explanation I've heard on this - I'm finally starting to understand it!
jerry smith (27 days ago)
received a transfer of $70,000 from kryptohacker.wordpress,com
Hacker Chumeg (1 month ago)
Whitaker's World Text +1(631)3644664 To triple your bitcoin In 30mins it’s real and confidential
TheGoodLifeTips (1 month ago)
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nero gerawa (1 month ago)
Hi mrbeast are you familiar bitcoin? If you have it please send me bitcoin huhu i just want to buy gaming pc.. i hope you help me to begin streaming.. sorry for my bad english.. 3EDoQLxtXhs8cm8gwoCu3NQk6gVan3WPZp
prashant singh chauhan (1 month ago)
Why waste energy on verifying bitcoin when u can use other effortless transaction out there..... May be Im wrong.. pls help me to understand
Shines Heavens (1 month ago)
Guys Venezuelians and Iranis have started buying bitcoin due to hyper inflation The fiat currency is being dumped This is big news .. I guess next stop for bitcoin is 100k.. to 200k
Celine Eid (1 month ago)
Man you talk too much! Just you have short cut with your explanation!
Mr. CashMoney (1 month ago)
The actual definition: 1:11 - 1:16
Esco_9mm-UZI (1 month ago)
I feel like a king or blounty, he fuck him!
Esco_9mm-UZI (1 month ago)
I ate out a escort. So what B?
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Moosedraw (1 month ago)
This made no sense...
Moosedraw (1 month ago)
So... to earn bitcoins, which is to generate money, you need to... be good at math and just answer questions faster? Or was this just an analogy?
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juangomez696jg (1 month ago)
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Laurento Sebastian (1 month ago)
hello?
Laurento Sebastian (1 month ago)
hello?
Raymond Cliff (1 month ago)
Hello?
Diana Brown (1 month ago)
Raymond Cliff This hacker help me a lot and I promise to tell people about him, his name is Matthew. He helped me hack 7eth into my wallet, you can also add him on Instagram @kesslermatthew2. You won't regret contacting him.
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The Coding Guy (1 month ago)
https://www.youtube.com/watch?v=jMR_e09dBCw
Tom Contable (2 months ago)
why didn't I see this video in 2014? or 2015? or 2016? or 2017?????? WHY I HAD TO SEE IT F&%")% JANUARY 2018?????!!!! :(
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Diana Brown (1 month ago)
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Sherry J Mendez (2 months ago)
On November 2, 2017 I've invested only 2 btc at ([email protected]) and started recording when I reached 15.06btc, I then earned more than 30.03btc all in less than 3 hours, This didn't happen by chance, I grew in my investment.
Ethan Robinson (2 months ago)
https://bit.ly/2HMGtNe
Barlad vaslui (2 months ago)
Greatest stupidity of human kind!
Popa Ionut (2 months ago)
Take a right decision and look deep into your soul. Hello You was like me, right ? young without money and no meaning in life and you wanted to change your life for the better but you had nothing. show me your goodness and be merciful to donate how little to help your fellow. I will be grateful to you all my life. God bless you for this donation. Thank you Bitcoin adress: 12d2CBxZihUd2na2Jebj6KnkcbbwiJCiRi Ether adress: 0x1F84FDe751FABd1FCcB737c0015C75f0D75EDc7A Bitcoin cash: qqgusx9q4yd67l9em2z7dz0tlxl25szvyu9vljux3l
Ritesh Sharma (2 months ago)
The best way to earn bit coin for free.. Try this: https://play.google.com/store/apps/details?id=cryptomoneylabs.com.bitcoincashminer&referrer=code%3Dz2vrr76awq It is downloaded from play store so you can believe it. But I am not responsible for anything...
Bracer Jack (2 months ago)
This is a detail technical explanation of how the Blockchain actually work: https://www.youtube.com/watch?v=FeeVuqO1M6k
kiyomii T. (2 months ago)
$kiyomi23 <----- cash app name
LBlush (2 months ago)
Too complicated. How about just the good 'ol dollar, paypal, etc. lol
Mark Green (2 months ago)
The great HITBTC exchange never ceases to descend from the first lines of all ratings of the Internet, only here there is an addition of all possible ICO projects that appear in the crypto community
Mask (2 months ago)
https://youtu.be/D2tgLQA1doE
Joseph Todd (2 months ago)
Started trading here in April, recently withdrew the first profit in 24 hours. HitBTC gets a high score from me and wish not to lose confidence. I’d add that the exchange can be used as a multi-wallet and don’t worry about security, there are advanced protection systems.
CHOW MIEN (2 months ago)
Foodstamps? 😂😂😂😂
Adam's Tricks (2 months ago)
2018?
Louie Acunin (2 months ago)
if you are searching legit investment here is most promising investment and legit site. they have own trading platform and own crypto coin called "TCOIN" it is already in trading market in cmc ang tbt. if you are interested here is the link. https://office.tradecoinclub­.com/register/LACUNIN
james wealth (2 months ago)
Trade Crytocurrency at a cheaper rate on Binance: https://www.binance.com/?ref=28673906
Adam Smith (2 months ago)
I don't get it how the fuck can you mine imaginary money😂
Charles Freeman (2 months ago)
All thanks to Charles LeSaux for helping me out and teaching me more about how to mine bitcoins now I make 0.5 btc and 3ETH every week ...Contact him [email protected] and thank me later
Alexandre B (2 months ago)
Here is a good solution to start trading bitcoins https://hitbtc.com/?ref_id=5b0c2236695fc
Alien Hybrid (2 months ago)
Economic collapse? Bi*ch please! Let me know when the world goes all Book of Eli on us. THAT'S an economic collapse!
turdfurg47 (2 months ago)
The ink doesn't smudge on a real bill so that is fake money. Also not coin is tied to political systems look into new York laws
Vijay Kumar Thudi (2 months ago)
I just received my money now. are there still principled women that can keep to their word? this is unbelievable I received profits from Van Yoelle with 100% assurance,she is honest and humble.A very big thanks to you Van who helped me regain all I have lost.i know most of you have heard about her and most of you are still afraid to trust her ,but I will give you this assurance,she is for real and she helps manage accounts and win profits ,I never believed till I tried her out with just $500 and I gain $7,500 as promised, now I and my friends are trading so much, don't be left out you can also regain all your lost in Binary options and forex through Van's amazing strategy .I promised to tell the world about her if she is real and honest, And if you are new here or you have lost some amount before ,take this advice ,contact her, she will help you win profits in Binary options and forex You can contact her via: [email protected] or via her WhatsApp number Whatsapp: +1 518 622 1571
double your bitcoin (2 months ago)
i know a best bitcoin doubler which works ;- https://tinyurl.com/y8x3ufvw
Anderson Smith (2 months ago)
Really recommending and accolade Frank Robert, for being of help to me with your wonderful strategy and techniques and for doing it from your heart, after researching lot of strategy and having bad experience in the past i was almost trying to quit But now after i have given you a trial i have seen that they are some good Account Manager with great strategy and techniques in iq Option and forex trade thanks a lot for this techniques that you are helping me with an unbeatable Software.
Anderson Smith (2 months ago)
One can get his strategy & help easily through his email: [email protected]
Roy Hall (2 months ago)
Join now! https://freebitco.in/?r=13229485
GOOGLE LOTTERY PROMOTION (2 months ago)
Its Very Funny how people are so confused about what an Investment is, Late last year November, The Price of Bitcoin increased to its Climax from *$13,000 to $20,000, Most people who bought at a very low price became more Richer because they had excess of gain while selling, many others were regretting not buying when it was Dipping. In March 2018, the price of Bitcoin Fell to an Unbelievable $6,000 and the same people started panicking that it was never going to Rise again, They didn’t know it was another opportunity for them to buy the Dip.. I was not just Hodling my *5.8Btc*, I bought extra *2.5Btc * and i found out a very reliable trading strategy which I was able to make *35Btc* with the *8Btc * I had. Of course I had someone who was guiding me through the Road to becoming a Crypto Millionaire, His name is *Davis* *Miller* , Let’s keep spreading Words about Him to help the Ignorant people who are loosing. You can Reach his mailbox/Hangout on *([email protected])* or text him on *WhatsApp* *+16313154181*
Brian Thomas (2 months ago)
Miller is an expert, he gave me strategies that made me rich today, his trading knowledge and guidelines are of high standard , and today I'm very glad using his skills.
Williams Watt (2 months ago)
here is an exclusive offer to earn over 0.5BTC in 5days with just little investment .. invest $100 and earn 126 in 24hours, invest $300 and earn $471 after 2days, invest $800 and earn $1256 after 2days, invest $1000 and earn $1980 after 2days, and invest $1500 and earn $4950 in few hours. start investing now on 24matrix.com..
Tbone Lucchese (2 months ago)
You forgot to mention that when you purchase bitcoin, buy high sell low. This is the fastest way to learn about crypto.
John Wayne (2 months ago)
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cometandcupids (2 months ago)
Isn't this a scam?
Sinjin (2 months ago)
once you break the blockchain, you break the bitcoin ^^ so anybody come up with another bs function thats unsolvable like getting the "simple" squareroot, its just CONVINCING ppl that your "function" is important which it really isnt! ITS WORTH NOTHING!! so everybody in our society can live with power,water,food...and even more WITHOUT the need of any money!!!!!!!!!!!!!!!!!
daniel pardenilla (3 months ago)
why would they give you bitcoin for solving math problems? I mean, where do they get the bitcoin from in order to give it to you after solving a problem? What is the significance of solving the math problems?
Detroitsown MC (3 months ago)
Brain stuff ? Waste of time
Wilt kleine Berg (3 months ago)
It’s no longer a new thing that both Bitcoin and Ethereum has and is still making a lot of people "stupid rich” $10(ten dollars) seven years ago is now worth $7.5 million in bitcoins today. And $100 (hundred dollars) in Ethereum has increased to as high as $66,290 in under two years! The trend is on a daily increase, worldwide, investors in crypto and digital currencies are getting rich daily, I personally have invested in bitcoin and Ethereum. And I've collected bigger gains investing thesecoins than in anything else in my life. For example, I bought bitcoin twice, last year and early this year, 10 coins at $83.40. And 20 more at $128. Today my 20 coins....feel free to message me through email or whatsapp and I will be sure to guide and assist with any information you may need to invest in these new and unpopular crypto and digital currencies that are making waves at the moment. Email: [email protected]
https://www.verwaycrypto.ag/58267626
Jay M (3 months ago)
Money is 'supposed' to represent value (ie the work that someone did for an employer or to mine gold). A sheet of toilet doesn't represent value (other than the work that someone did to produce it). The problem is Fed continuously prints dollars like rolls of toilet paper.
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Jay M (3 months ago)
What is the difference between bitcoin and tulips?
wafiy rizal (3 months ago)
i joined this .https://tinyurl.com/yasbm5f8 a few month ago.30 buck are guarantee a day!
Rene Pasteur (3 months ago)
For Jaccobs Pasteur wish you all good luck and have fun with all executive director Carroll D
Rene Pasteur (3 months ago)
For Jaccobs Pasteur from Rene Pasteur I wish you all the best Of luck with the new land good luck with Executive director Carroll D.
CJR III% (3 months ago)
Bitcoin is awesome. The way it works reminds me of the movie Nerve with MGK.
Sunil Mulgund (3 months ago)
What herb do you smoke?
Gordon Browning (3 months ago)
All the problems with bitcoin sound a lot like the same problems with the dollar.   It s value fluxuates constantly and it is not a reliable source of currency.  The only difference I see between the two is,   the untrustworthy government has control of one and not the other.

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