How to Get Into Bitcoin

Sep 26, 2013 at 3pm

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On Monday, September 16, The Bold Italic held a panel at Public Works with General Assembly and Getty Images to discuss bitcoin. The panel, moderated by TechCrunch journalist Kim Mai-Culter, featured Coinbase CEO Brian Armstrong, BitPay VP of Sales Paige Freeman, We Use Coins founder and OpenCoin CTO Stefan Thomas, and Tradehill CEO Jered Kenna.

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//player.vimeo.com/video/63502573

But wait, what is bitcoin? The short answer is that it's a decentralized alternative currency. The video above does a pretty good job of helping n00bs like myself get a general grasp of how it works. Some of the numbers are a little off since the video isn't brand new, but I would still suggest watching it before diving into this fun new interest of yours, and of course, watching our lovely panelists. 

//www.youtube.com/embed/6fTUiSqS5sU

If you watched both videos and feel ready to buy yourself some of these amazing coins, we like We Use Coins' list of questions and answers and their simple steps for buying and storing your loot.

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