00:00Bitcoin. You have heard about it, but what exactly is it and why does it matter?
00:05Bitcoin is the world's first decentralized digital currency. Created in 2009 by the
00:11mysterious Satoshi Nakamoto, it is money that runs on the internet, without banks,
00:16governments or middlemen. Every Bitcoin transaction is recorded on a blockchain,
00:20a public ledger that is secure, transparent, and nearly impossible to hack. You can use Bitcoin to
00:26buy goods, send money across the world in minutes or even treat it as digital gold,
00:30a store of value, and an investment. But be warned, Bitcoin's price is highly volatile.
00:37It can make people rich overnight or crash just as quickly. Love it or fear it,
00:42Bitcoin has changed how we think about money. It is more than a currency. It is a revolution in finance.
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