You have an hour to present bitcoin to a college econ class at Shenandoah University. What do you emphasize or focus on?
SATSFLOW
😮 GREAT ADVICE.
The fairness of Bitcoin and the importance of money in society. College kids are suckers for ideas around “fairness” and they will immediately understand the importance of money / economic decisions because everyone understands that… once it’s pointed out especially.
inflation is theft. central banking is a crime. Introduce The Ascent of Money for starters: https://www.youtube.com/watch?v=2XX2b2MeDe0
Supply issuance and overall fixed supply along with difficulty adjustment.
That Bitcoin main chain is UTXOs and block space, kinda like an interstate system with exit ramps. Lightning is like the individual driveways going to wallets. If you do own an interstate exit, that's a big deal because Howard Johnson hotel is going to built soon.
This is pure crypto-anarchist, but a great presentation in regards to the security model. No bullshit. https://m.youtube.com/watch?v=fMVcjQ_-mGo&pp=ygUMRXJpYyB2b3NrdWls
Search Libbitcoin system wiki on github for more writing
Off topic, but I'm saving your meetup club for next time I'm down that way.
Excellent.
how to make transactions
First the problem(s) it solves. Second the timeless fundamentals of delayed gratification. Third personal responsibility. Fourth the social and financial improvements that evolve. Good luck! 👍
21 Million only. Fiat .... infinite.