This video is an element of a bigger on-line course, “From Barter to Bitcoin: Society, Technology and the Future of Money” run by Prof. Bill Maurer and Prof. Donald J. Patterson In addition to the video on YouTube there’s a wide range of different content material out there to college students enrolled within the class.
“In 2008, an individual calling himself or herself or themselves Satoshi Nakamoto launched a paper suggesting a system for an nameless, peer-to-peer various cash. Bitcoin was born. Although not the primary digital foreign money ever proposed, nor the primary challenger to fiat cash, bitcoin is the primary to have captured the broad creativeness of speculators, coders, regulators, criminals and the mass media. This course places Bitcoin in context: how will we perceive cash as a social, political and technological phenomenon? From discussions of historical transactions to the rise of state-issued currencies, we are going to discover the social and technical elements of bitcoin, its predecessors and potential successors, and the way its options echo elements of many alternative historic transaction programs. No prior information of economics or computing is required.
There is little tutorial writing on bitcoin. And this can be the primary actually tutorial class on the subject. We wish to put bitcoin in a wider perspective, to mirror on what it means for society, politics and economics, in addition to the way it helps us take into consideration cash each a social and a technical phenomenon. This class isn’t a complicated seminar on bitcoin–we won’t be delving deeply into the internal workings of the system, however as a substitute offering a fowl’s-eye overview with sufficient technical element for you to have the ability to put media tales, hype and hope round bitcoin in perspective. Similarly, this isn’t a category in financial economics–we will not go too deeply into financial concept or coverage, the cash provide, or inflation. Instead the category invitations you to suppose extra deeply about one of many oldest programs of expertise on the planet, and most ubiquitous: cash, whether or not coin, money, bank card or cryptocurrency, we people have been earning money for a lot of the previous 10,000 years. How we achieve this sooner or later is a query bitcoin simply perhaps helps us reply.”
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