Elliott Bernstein: A Primer on Bitcoin, Cryptos, Blockchain

164 views · Published 22 October 2018 · 3:36 · Indexed 8 October 2026

Channel: MoneyShow · 2018 · Education

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At MoneyShow Dallas, Elliott Bernstein: Cryptocurrency and blockchain are just distributed databases. Bitcoin is a database of transactions, a series of records. We have public/private key pair, like access to your house, garage or wallet. You can take that key, open it up and give some coins to someone else. As long as I know your address, you can receive that bitcoin. We're cutting out the middleman of a financial transaction, says interviewer Kelley Wright of IQTrends.com.

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