Blockchain/Bitcoin for beginners 1: Basic analogy part I


In this video I introduce the basic concept of a blockchain as a way to record a history of transactions in a way that cannot ever be altered, doctored, removed without detection. I want to explain it in a way that is very accessible from the start so I've used a somewhat silly analogy to illustrate the basic concepts. From the second video onwards I'm going to be teaching this material to my girlfriend during the video so she can ask questions - she has no prior knowledge of this material at all.