(Audiobook) The Original Bitcoin White Paper by Satoshi Nakamoto

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  • Опубліковано 10 гру 2013
  • Donations greatly appreciated!
    Bitcoin: 1KdkeDArSd5LVaLVh9WePaHqB9yHLaKPfv
    I worked very hard to create this interactive audiobook format and graciously appreciate Bitcoin donations.
    After wanting to read the original Bitcoin Whitepaper, I discovered there wasn't a good audiobook version of it with graphs and formulas. So I went ahead and made it, using a slower reading speed so a viewer can try and take it all in.
    I have no affiliation with bitcoin.org or Satoshi Nakamoto.
    Download the original whitepaper here. bitcoin.org/bitcoin.pdf
    From wikipedia....
    In November 2008, a paper was posted on the internet under the name Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System. This paper detailed methods of using a peer-to-peer network to generate what was described as "a system for electronic transactions without relying on trust". In January 2009, the Bitcoin network came into existence with the release of the first open source Bitcoin client and the issuance of the first bitcoins, with Satoshi Nakamoto mining the first block of bitcoins ever (known as the "genesis block"), which had a reward of 50 bitcoins. The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction involving a 10,000 BTC pizza.
    "Satoshi Nakamoto" is a pseudonym for the unknown person or people who designed the original Bitcoin protocol in 2008 and launched the network in 2009. Nakamoto was responsible for creating the majority of the official Bitcoin software and was active in making modifications and posting technical information on the BitcoinTalk Forum.[73]
    I apologize in advance for the few wording mistakes. I tried to notate most of them.

КОМЕНТАРІ • 250

  • @dbrowninc
    @dbrowninc 6 років тому +241

    In 20 to 25 yrs this white paper will be taught in school like how the constitution is taught in the U.S.

    • @suleimanpeshawari1032
      @suleimanpeshawari1032 5 років тому

      D B really? How do you know ?

    • @KuopassaTv
      @KuopassaTv 5 років тому +7

      Unlikely, as it's too low level information for normies.

    • @harrue
      @harrue 5 років тому +9

      ? They barely teach math and computer science in American. Why would they teach this? lmao

    • @bits_for_bytes
      @bits_for_bytes 3 роки тому +2

      So not very well at all? 😅😂

    • @issenvan1050
      @issenvan1050 3 роки тому +1

      What important thing do they really teach at school?

  • @musclsub5201
    @musclsub5201 3 місяці тому +5

    6 years into my crypto journey and i'm just reading this now - GROWTH ☺

  • @michaelcrawley9580
    @michaelcrawley9580 6 років тому +79

    25K VIEWS. THIS TECHNOLOGY HASNT EVEN BEEN DISCOVERED YET.

    • @bits_for_bytes
      @bits_for_bytes 3 роки тому +1

      55k 2 years later 😂

    • @doubleaa658
      @doubleaa658 2 роки тому

      Little too late now !
      Not worth it

    • @doubleaa658
      @doubleaa658 2 роки тому

      @@hackfree94 haha 😂 if China says pay us in gold and gold guy says pays us in oil and oil guy pays in grains and grain guy says pays in gold !
      How btc will work lol 😂

    • @OneChallenger
      @OneChallenger 4 місяці тому +1

      still only 100k views even tho it deserves 1b views but ppl are to lazy

    • @REMUSE777
      @REMUSE777 3 місяці тому

      Because when I want groundbreaking research I ... wait for someone to read a journal article and publish it as a youtube clip xD

  • @thishandleistacken
    @thishandleistacken 2 роки тому +9

    I'm glad someone made an audiobook attempt. It's pretty good but people should make more with a variety of voices and voice styles. Cheers

  • @georgemcnaughton7839
    @georgemcnaughton7839 5 років тому +39

    Thankyou for posting . My brain capacity clapped out at some point and I need to watch many more times . What a gift for humanity . I did notice one interesting point in the abstract at the beginning. Satoshi states in a point about double spending , He uses the term "We" instead of "I'. It says "We propose a solution to the double spending problem" The mystery continues ten years on . Love your work

    • @retirelink9284
      @retirelink9284 2 роки тому

      ua-cam.com/video/mDCzL53PKFQ/v-deo.html

    • @0x007A
      @0x007A 9 місяців тому +1

      We is a commonly used pronoun in professional and academic writing. I would not read too much into "we" versus "I" in the context of the Bitcoin whitepaper.

    • @rdaught
      @rdaught 5 місяців тому

      We know now that there are 4 people that make up Satoshi Nakamoto. The NSA met with them years ago to find out what their purpose was.

  • @annvroom5539
    @annvroom5539 7 років тому +9

    audio and accompanying visualization really helped me to keep from drowning from diving into this seminal paper - thx, yr effort much appreciated! :-)

    • @chucksupport
      @chucksupport 7 років тому

      how come the address doesn't work on blockchain.info ?

    • @bitcoinwhitepaper4483
      @bitcoinwhitepaper4483  7 років тому +1

      good call! haha. Revised donation address: 1KdkeDArSd5LVaLVh9WePaHqB9yHLaKPfv

  • @AltcoinDaily
    @AltcoinDaily 4 роки тому +33

    🙏

  • @Antonio-nn5ot
    @Antonio-nn5ot Рік тому +1

    This is the important innovation I have ever witness. Love the White Paper!

  • @shortcutDJ
    @shortcutDJ 6 років тому +74

    Thanks man, now i can say i've read this white paper!!! awesome!

    • @danysmith1451
      @danysmith1451 3 роки тому +5

      *heard/ listened to.

    • @zekemaverick5652
      @zekemaverick5652 3 роки тому +2

      Damn its 2/22/21 let me say I read it as well lol I'm five digits up in cryptos this bull run the 2017 ate me alive because I didn't know anything just watching a screen with numbers move... not even invested in btc but it is the way, hope everyone has a piece of the market in their portfolio with the shape our world is in today

    • @shkoup7775
      @shkoup7775 3 роки тому

      @Ethereum Ξ video unavailable,

    • @shkoup7775
      @shkoup7775 3 роки тому +1

      @Ethereum Ξ lol

    • @kalihitino
      @kalihitino 2 роки тому +2

      @@danysmith1451 I was dreading the idea of reading the entire paper myself lol

  • @AnilChristySamuel
    @AnilChristySamuel 2 роки тому +1

    Finally I heard and read the Bitcoin White paper 🖐🏼💎

  • @DylanFowler
    @DylanFowler 6 років тому +2

    Ted Nelson's explanation of Btc is the best.

  • @danielromerosol4158
    @danielromerosol4158 2 роки тому +1

    Amazing how little people had seen this great video

  • @errollgnargnar9534
    @errollgnargnar9534 3 роки тому +4

    Gonna listen to this over and over until I remember every single word.

  • @benz500r
    @benz500r 3 роки тому +6

    Quite an original piece of work. I came across that document years ago, but I didn't think people would want to be involved in that. I thought the idea would die out before the coin gains any significant value. Lack of regulation and probably lack of complete understanding of the coin's functionality prevented me from buying it when bitcoin was still inexpensive. Later there were scandals of exchanges going out of business and people losing their coins. That further solidified my idea of staying away from bitcoin. It turned out, the bitcoin was one of the most lucrative investments in our lifetime. Oh well, I'm crawling back under a rock!

    • @OneChallenger
      @OneChallenger 4 місяці тому +1

      still not invested?

    • @benz500r
      @benz500r 4 місяці тому

      @@OneChallenger No

    • @OneChallenger
      @OneChallenger 4 місяці тому +1

      ​@@benz500r luck is when preperation meets opportunity... you have the opportunity but there is no input and therefore there will be no output.
      As a man sows so shall he also reap.

    • @BeardLAD
      @BeardLAD 2 місяці тому

      @@OneChallenger- hey there, if I set up a paper wallet, by May 22, could I buy you pizza 🍕 for 0.00000001 BTC? ie a single satoshi? Ta!
      No problem if you don’t own any BTC 👍

  • @rock3tcatU233
    @rock3tcatU233 7 років тому +41

    Such a genius system.

    • @bard1250
      @bard1250 6 років тому +1

      This system can be used to deproliferise nuclear systems all over the world which to this day has not worked due to trust.

  • @CraftWon
    @CraftWon 5 років тому +8

    I look at it this way, Satoshis are the new bitcoin.

    • @retirelink9284
      @retirelink9284 2 роки тому

      ua-cam.com/video/mDCzL53PKFQ/v-deo.html

  • @frankdashwood3128
    @frankdashwood3128 9 років тому +13

    Playing this on my show right now... With proper attribution of course! Great work!

    • @AnarchoCapitalistTV
      @AnarchoCapitalistTV 8 років тому +1

      +Frank Dashwood what show was it?

    • @bitcoinwhitepaper4483
      @bitcoinwhitepaper4483  7 років тому +5

      Thank You! If you enjoyed, please donate to 1Jk19ecVVSZhU4fv3Z3QgUvngi4ufa5C7w

    • @frankdashwood3128
      @frankdashwood3128 Рік тому

      @Diego Carpio Who are you talking about?

    • @yungjit9036
      @yungjit9036 Рік тому +1

      make a new podcast i want to hear your take on the ftx crash

    • @frankdashwood3128
      @frankdashwood3128 Рік тому

      @@yungjit9036 I'm getting ready to go back to doing live radio/podcasts soon, so keep your eyes open ;-)

  • @jacksonknox5029
    @jacksonknox5029 3 роки тому +5

    Had no idea I would understand... I'm speechless.... sending this to my dad!

  • @ElenaPostolachi
    @ElenaPostolachi 3 роки тому +2

    Was very interesting but I barely understood the concept 😅. Gonna watch more videos to get it right.

  • @imacat.8077
    @imacat.8077 6 років тому +1

    Thanks for this video!

  • @blainetanner5531
    @blainetanner5531 3 роки тому +10

    I wish I heard this when it came out....... and also believed in it

    • @ooXYZoo
      @ooXYZoo Місяць тому

      Still not late te start. Go all in bull run started.

  • @PassportGods
    @PassportGods 2 роки тому +2

    Very well read! 🙏

  • @so.machimusic
    @so.machimusic 3 роки тому +1

    This is such an amazing paper

  • @kaizadmullafiroze9789
    @kaizadmullafiroze9789 3 роки тому

    Very well explained 👍

  • @jenspeterjensen8125
    @jenspeterjensen8125 3 місяці тому

    Excellent audio book

  • @maxdemontbron9720
    @maxdemontbron9720 3 роки тому

    That was amazing, thanks!

  • @Scorch428
    @Scorch428 10 місяців тому

    Blockchain technology. Truly amazing not just to come up with the technology, but to also forsee all the problem that could arise in advance.

  • @raneilalonzo
    @raneilalonzo 4 роки тому

    Thank you for this🙏

  • @ericrosso4846
    @ericrosso4846 9 років тому +2

    Good work!

    • @retirelink9284
      @retirelink9284 2 роки тому

      ua-cam.com/video/mDCzL53PKFQ/v-deo.html

  • @denjua2234
    @denjua2234 Рік тому +1

    Cool! this Bitcoin thing looks like a good idea, I'm sure it will do well

  • @G-Vecom
    @G-Vecom Рік тому

    This video amazingly from 9 years ago...

  • @yooo6987
    @yooo6987 Рік тому +1

    thank you

  • @toddmckenna
    @toddmckenna Рік тому

    😊I’m right here and a live! Aka the Satoshi Nakamoto woooo

  • @Kung-Tech-Fu
    @Kung-Tech-Fu 2 роки тому

    Awesome! Love it

  • @MH-kv1ty
    @MH-kv1ty 2 роки тому

    AWESOME CONCEPT OF QUALITY ACCOUNTING CREATED BY CRAIG WRIGHT.

  • @mr_digdeeper
    @mr_digdeeper Рік тому

    Thank you for this

  • @alteredillusions100
    @alteredillusions100 Рік тому

    OMG, This is Amazing

  • @jayjay-bz3rr
    @jayjay-bz3rr 3 місяці тому +1

    Pure genius

  • @adhilumnjanum8597
    @adhilumnjanum8597 3 роки тому

    Great work

  • @Technically_Fashionable
    @Technically_Fashionable 2 роки тому

    What a genius!!

  • @tensevo
    @tensevo 6 років тому +18

    Sounds like a primary school teacher telling a story.

  • @robganon
    @robganon 5 років тому +2

    Can someone expand on the last paragraph of Section 7? Thank you!

  • @tjmooney4181
    @tjmooney4181 Рік тому

    Thanks 👍

  • @tonytocanova
    @tonytocanova 4 роки тому +3

    So simple yet so genius. Wow.

    • @retirelink9284
      @retirelink9284 2 роки тому

      ua-cam.com/video/mDCzL53PKFQ/v-deo.html

  • @danekeroldpt
    @danekeroldpt 6 років тому +5

    Peer to peer cash

  • @joseoviedo4529
    @joseoviedo4529 3 роки тому +1

    Very helpful, thank you. Only recommendation -playback speed 1.25, you'll thank me later.

  • @Ye7l
    @Ye7l 3 роки тому

    16k baby!!!!!

  • @raghul1208
    @raghul1208 2 роки тому

    very nice

  • @bustaface1470
    @bustaface1470 6 років тому +5

    This is the epiphany of human kind. I mean gravity is a theory. This is a theory using quick maths. That fucking works! Mans not even hot

  • @silentbranch
    @silentbranch 3 роки тому +1

    お疲れ様でした、さとしさん

  • @Nerd2Ninja
    @Nerd2Ninja 3 роки тому +2

    Its weird to me that he mentions Adam Back in the paper and Adam Back is part of the bitcoin foundation

  • @CryptoNut4YoButt
    @CryptoNut4YoButt 3 місяці тому

    What word stands out in this sentence of the Introduction......
    "In this paper, we propose a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions."

  • @preciseaudioblog
    @preciseaudioblog 11 місяців тому +1

    Bitcoin = Freedom

  • @ZakSievers
    @ZakSievers 2 місяці тому

    Hi guys, quick question here. Why is the word "We" instead of "I" used by Satoshi in the abstract?
    We propose a solution to the double-spending problem using a peer-to-peer network.
    Is Satoshi referring to himself along with Martii Malmi and/or other early public contributors? Or is Satoshi acknowledging/hinting that Satoshi Nakamoto is multiple people?

  • @ModernFitTrader
    @ModernFitTrader 4 роки тому

    Where was it first published??!!

  • @KurtHokage
    @KurtHokage 3 роки тому +1

    Let's go harmony one!!!!

  • @user-ce9uc2cf7c
    @user-ce9uc2cf7c 8 років тому

    It's no longer available?? T_T

  • @thejchristopher
    @thejchristopher 2 роки тому +2

    I’m really glad for this video but you have to be really careful to read what’s there and not introduce words that aren’t out change words that are (ie could vs would). If i wasn’t reading while listening I wouldn’t have noticed.

  • @davidbermudez7704
    @davidbermudez7704 4 роки тому

    Read Duality by Satoshi Nakamoto

  • @chrystophercaserodizon1372
    @chrystophercaserodizon1372 3 роки тому

    who is chrystopher d casero to satoshi nakamoto?

  • @hallerd
    @hallerd 10 років тому +45

    This is fine and all, but can we get Andreas to read this please?

    • @bitcoinwhitepaper4483
      @bitcoinwhitepaper4483  7 років тому +4

      Revised address: 1KdkeDArSd5LVaLVh9WePaHqB9yHLaKPfv

    • @tensevo
      @tensevo 6 років тому +4

      This reading sounds like a primary school teacher telling a story.

    • @hotsauce7362
      @hotsauce7362 6 років тому +1

      Wallet contains: 0.0 BTC Maybe you should try stripping...

    • @GOLDENEYEAL
      @GOLDENEYEAL 5 років тому +2

      I want John McAfee to read this

  • @MrMoses86
    @MrMoses86 2 місяці тому

    Happy bitcoin halving satoshi

  • @nabubito
    @nabubito Рік тому +1

    This is the Bible of crypto currency. Learn it, listen to it speech it , spread it.

  • @rdubayoo
    @rdubayoo 3 роки тому +2

    When I saw the "sum of" symbol I started getting math PTSD.

  • @georgebremner629
    @georgebremner629 5 років тому

    Perfect. Now if only they had value.

    • @amadeusalberto4959
      @amadeusalberto4959 5 років тому

      $11,000+

    • @amadeusalberto4959
      @amadeusalberto4959 5 років тому +3

      Dollars are only dollars and its not based in gold or nothing anymore, bitcoins atleast has the value of the people

    • @Nerd2Ninja
      @Nerd2Ninja 3 роки тому

      This comment is only going to age worse over time. 40k gang. Not a bitcoin millionaire yet, but the price is still on the up.

    • @vokes1r
      @vokes1r 3 роки тому

      We broke 60k gang

  • @pestopoppa
    @pestopoppa 7 років тому +3

    ~21:20 " q_z " is 'Q' sub 'Z'. NOT 'Q' to the 'Z'

  • @TimezUp23
    @TimezUp23 3 місяці тому

    I’m just wondering how the miners will be rewarded after all the Bitcoin is mined? According to the white paper, miners are rewarded with Bitcoin, but after the Bitcoin is all mined, what then? Will attackers be able to comprise the system if no one is being rewarded for mining?

    • @MrMoses86
      @MrMoses86 2 місяці тому

      satoshi hopes the fact they still run after all mined will stay loyal to the mining

  • @michaelcarlson2245
    @michaelcarlson2245 3 роки тому +1

    The Old Testament of cryptocurrency

  • @lunakat2755
    @lunakat2755 3 роки тому

    I think this just described creation

  • @alotofjobs4276
    @alotofjobs4276 3 роки тому

    WE have proposed a system.

  • @phoenixeyes7160
    @phoenixeyes7160 5 років тому +1

    Bitcoin and major cryptocurrency will REPLACE DOLLAR SYSTEM...

  • @HappyWolverine
    @HappyWolverine 3 роки тому

    A holy writing

  • @muatafaalahmid7467
    @muatafaalahmid7467 Рік тому

    2022

  • @PietroSperonidiFenizio
    @PietroSperonidiFenizio 10 років тому

    Is this the full paper (except for the bibliography)?

    • @PietroSperonidiFenizio
      @PietroSperonidiFenizio 7 років тому

      I suspect you need to change economic strategy :-)
      blockchain.info/address/1Jk19ecVVSZhU4fv3Z3QgUvngi4ufa5C7w

    • @bitcoinwhitepaper4483
      @bitcoinwhitepaper4483  7 років тому

      Sorry, I just noticed this. Revised donation address: 1KdkeDArSd5LVaLVh9WePaHqB9yHLaKPfv

    • @sinchan56
      @sinchan56 3 роки тому

      @@bitcoinwhitepaper4483 1kdkedarsd5lvalvh9wepahqb9yhlakpfw

    • @sinchan56
      @sinchan56 3 роки тому

      Wrong btc address
      1kdkedarsd5lvalvh9wepahqb9yhlakpfv

  • @levid6777
    @levid6777 2 роки тому

    i have a question why i cant see the papers from the website?

    • @BeardLAD
      @BeardLAD 2 місяці тому

      The Wolf Pack Circles

  • @SP-cx2qi
    @SP-cx2qi 2 роки тому

    👌🏾

  • @WizeChoice
    @WizeChoice 3 роки тому

    ✨🚀

  • @MohammedAli-go2uc
    @MohammedAli-go2uc 3 роки тому

    2021 29k

  • @Onecrypto1429
    @Onecrypto1429 29 днів тому +1

    🐱
    🖤
    🚀

  • @sevensea2440
    @sevensea2440 4 роки тому

    New version face recognition and fingerprint and DNA attach to q and r codes! and for lesser fees.
    But the real deal is this is used to see and study human behavior how to act based on their emotion and will to certain event.
    Each people and electricity nodes in the brain and computer can calculate the facts about certainty and a mere future will be visible through this.
    And everyone will be united for this technology will generate peace.

    • @Nerd2Ninja
      @Nerd2Ninja 3 роки тому +1

      Is this your new white paper?

  • @JesusChristhasrisen682
    @JesusChristhasrisen682 10 місяців тому

    David Ira bryan aka satoshinakamota

  • @satoshinakamoto7973
    @satoshinakamoto7973 3 роки тому +2

    Mathematics and computer science I think you need PhD for two majors for white paper

  • @davidhangs1
    @davidhangs1 7 років тому +14

    Can you anyone translate it to English

  • @tenslein8977
    @tenslein8977 3 роки тому

    This is John Galt speaking.

    • @rdaught
      @rdaught 5 місяців тому

      John Galt = Elon Musk

  • @summersalt6751
    @summersalt6751 3 роки тому +1

    Anyone else playing at 1.25 speed?

  • @SATOSHI.-Nakamoto
    @SATOSHI.-Nakamoto 4 роки тому

    Yawn. Harold forgot to put in that paper that no machine can get two blocks in a row.. however I did send myself a registered letter with the white paper in it and it's unopened. Just in case. LMFAO you knowHarold and the rest of the cypherpunks did a pretty good job writing this up for me lol. They said they would take care of all the writing. That's a fact

  • @danielhalberstadt9984
    @danielhalberstadt9984 3 роки тому

    where is the best place to buy and keep my bitcoin

    • @cryptoadmin2054
      @cryptoadmin2054 3 роки тому

      reach out to expert Chen R Zhang@wasap for guidance

    • @cryptoadmin2054
      @cryptoadmin2054 3 роки тому

      🆆🅰🆂🅰🅿
      +❶❼❷❺❻❼❼❷❺❻❼

    • @TheRealSTR
      @TheRealSTR Рік тому +1

      @daniel don't fall for these "reach out to so and so" or "so and so helped me so much." All such comments are scams

  • @throttlebuff
    @throttlebuff 6 місяців тому

    why am i paying transaction fees if mining is supposed to cover it?

    • @YuriLectrice
      @YuriLectrice 5 місяців тому

      the fees are what pays the miners. that's the whole point of mining: use your pc components to solve equations for the crypto transaction in exchange of some of the cryptocurrencies, which are paid by the people who make transactions, called gas fees

  • @domenicoquarantatube
    @domenicoquarantatube 10 років тому +9

    If possible make it in Italian. Thanks!

    • @PietroSperonidiFenizio
      @PietroSperonidiFenizio 10 років тому +4

      First we need to translate it. Once you have the Italian translation we can find someone to read it.

    • @truth4099
      @truth4099 3 роки тому

      Were y’all buying bitcoin 6years ago?

    • @AM-er3zq
      @AM-er3zq 3 роки тому

      @@truth4099 yooo wtf exactly

    • @Gubbz667
      @Gubbz667 7 місяців тому

      if you held sir you have my respect

  • @littlebitcoin5193
    @littlebitcoin5193 2 роки тому

    i am the year 9-23-2021 bitcoin price 44,000

  • @OneChallenger
    @OneChallenger 4 місяці тому +1

    this guy got donated 0,2btc in 2016 worth 160$ and now its 10k$+ haha crazy

  • @smartd111
    @smartd111 4 роки тому +1

    This Sh1t is pure computer Science!

  • @ThatsCem
    @ThatsCem 4 місяці тому

    Sooooo... BSV ?

  • @ChristopherFalletta-rh9jf
    @ChristopherFalletta-rh9jf 2 місяці тому

    This may be the one world currency in prophecy.

    • @MrMoses86
      @MrMoses86 2 місяці тому

      its crazy how smart satoshi is

  • @ShingrwaTv-STV
    @ShingrwaTv-STV Рік тому

    group of people

  • @OMNpods
    @OMNpods 3 роки тому +1

    HODL all the way bois.

  • @johnfloyd9936
    @johnfloyd9936 2 роки тому

    Play at 2x or fall asleep.

  • @user-sn7hp8fc9v
    @user-sn7hp8fc9v 11 місяців тому

    Satoshi nakamoto is actually a American and not Japanese but what do I know 🤣🤣🤣🤣👻 it crazy that he's a genius with only a high school diploma

    • @rdaught
      @rdaught 5 місяців тому

      Not he. Them. It’s 4 people.

  • @scintilae670
    @scintilae670 Рік тому +1

    Pokemon go

  • @dsanti4069
    @dsanti4069 4 роки тому +3

    This is BitcoinSV

    • @C..404
      @C..404 2 роки тому

      @rektnarok this is definitely Bitcoin SV