We as humans over time have seen many forms of money come into existence and then one day it turns into dust, the transition from one monetary system to another has taught us many hard lessons. Bitcoin as a revolutionary monetary system has introduced concepts like decentralisation, scarcity and sovereignty that the current fiat currencies lack.
In this podcast we will explore the basics of bitcoin and all the several key aspects that make bitcoin desirable.
पैसा क्या है ?
बिटकॉइन क्या है ?
जुड़े रहिये और देखिये की बिटकॉइन क्यों मिलावट और केंदरीकरण का समाधान है।
what is money, history of money & what is bitcoin in punjabi
ਪੈਸਾ ਕੀ ਹੈ
ਪੈਸੇ ਦਾ ਇਤਿਹਾਸ
ਅਤੇ ਬਿਟਕੋਇਨ ਕੀ ਹੈ
In this punjabi episode we talk about the history of money and bitcoin, why there is a need for sound money. I've added few desi punjabi songs to this episode, just like a radio show, hope you like it.
25 Mar 2024
बिटकॉइन की यूटिलिटी वैल्यू फीडबैक लूप
EP: 11 बिटकॉइन की यूटिलिटी वैल्यू फीडबैक लूप Bitcoin’s Utility-Value Feedback Loop
In this episode we will take a look at the importance of utility and how it is linked to value, in Hindi.
We will also look at how ideas and usefulness plays a key role in Bitcoin’s Utility-Value Feedback Loop.
What is Bitcoin’s gravity and how it plays a key role in attracting people with ideas.
This episode is inspired by a chapter in Jesse Berger’s for book Magic Internet Money
And also to the article by Der Gigi: Bitcoin's Gravity
How idea-value feedback loops are pulling people in.
14 Feb 2024
How to download & verify Bitcoin Core in hindi
0th episode is here and this time we take a look at how to download and verify bitcoin core in hindi.
बिटकॉइन कोर को डाउनलोड और वेरीफाई करें
Running a bitcoin node is crucial and verifying the software goes a long way.
Instructions are also available on https://bitcoincore.org/en/download/ (https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbTR4blFTbHRDY1Z4OEpVWDB4cjNMbGxMMGRiZ3xBQ3Jtc0tuakg4TEJIV0dHR3RrTHUxb3FSa3ZsanR3aGdUYm9iTFN1VWhrWl9UR1hmOFU0czFZaGU2amNOUG04Qm15ZG0yRmp4c0RiaERlM1NoSHJ3c21KQUZTWjRJNFptX0VZajZpaldhQm9iQzg4eHJSMEdERQ&q=https%3A%2F%2Fbitcoincore.org%2Fen%2Fdownload%2F&v=IJf7WSeRdXA)
https://bitcoincore.org/en/download/ (https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbjFRSE5KQXBjRC1oVVRKbTFDQTExZi1TLXVRZ3xBQ3Jtc0tuRlJ5MEJNbHhIRmxjeHZKand2MjYweVNjN2pENWJYNl9mNzdZUFBYcXcxT1NBNjhSY2dtbzFXc2JTSjBnX0ZBaS1zRGp6YUYwdXUzX3JaNFh3VmFoZlplMkpoVHNXVmpZYUhTbkd5VDdsNGw1OUo1SQ&q=https%3A%2F%2Fbitcoincore.org%2Fen%2Fdownload%2F&v=IJf7WSeRdXA)
27 Oct 2023
Why money converges to one? पैसे का झुकाव एक ही तरफ क्यों ?
In episode 9 we talk about why money converges to one, where the winner
takes all, there is no second place in this race.
Just like the barter system doesn't work for larger economies due to the
number of exchange rates that you need to deal with instead of one
common medium, the same way the market will converge to one sound money
instead several currencies that are not built to be the global monetary
medium.
#bitcoin
#hindi #bitcoinsikho #desibitcoinshow
Link to Anil Patel's presentations
gumroad.com/anilsaidso
EP:9 Why money converges to one
पैसे का झुकाव एक ही तरफ क्यों ?
बार्टर सिस्टम यानि अदला बदली
एक्सचेंज रेट्स
कोइंसीडेंस ऑफ़ वांट्स
ग्लोबल मोनेटरी मीडियम
अच्छा पैसा और उसके गुण (साउंड मनी प्रॉपर्टीज )
13 Oct 2023
Timechain Calendar in Hindi
In episode 8 we look at what timechain calendar is and how to read bitcoin data, like block height, halving, difficulty, genesis block, mempool, total hashrate and more.
आखिर क्या है टाइमचैन कैलेंडर ?
बिटकॉइन डेटा को किस तरह से पढ़ें और समझें
हम बात करेंगे
ब्लॉक हाइट
जेनेसिस ब्लॉक
हाल्विंग
डिफीकल्टी
ट्रांसक्शन फीस
मेम्पुल डाटा
टोटल हैश पावर
एक्सचेंज रेट क्या है
9 Sept 2023
EP:7 Gresham’s Law, Thier’s Law and Seigniorage in Hindi
ग्रेशम का नियम, थिएर का नियम और सेन्योरेज
आज हम देखेंगे की ये नियम क्या है और इनका अर्थव्यवस्ता से क्या नाता है
इन्हे समझना क्यों महत्वपूर्ण है
EP:7 Gresham’s Law, Thier’s Law and Seigniorage
Gresham's law is a principle that states that "bad money drives out good" from circulation and can be applied to the currency markets
Imagine you have two coins with the same legal tender face value – say one penny.
However, one is made of silver and the other of copper. People will hold onto the silver coins and use just the copper ones for payment.
The ‘good’ money (silver) will disappear from circulation, because everybody hoards it, leaving just the ‘bad money’ (copper) in circulation.
Thiers’ law states that good money will drive out bad money. Thiers’ law is the complement of Gresham’s law.
Thiers’ law is most applicable when a currency loses so much value that it is no longer accepted as a means of payment by merchants. In most countries, legal tender laws make it illegal to reject the local currency as a means of payment, but these laws become ignored and obsolete under conditions such as hyperinflation.
What Is Seigniorage?
Seigniorage is the difference between the face value of money, and the cost to produce it.
Seigniorage is counted as revenue for a government when the money it creates is worth more than it costs to produce.
18 Aug 2023
Blue Wallet Setup
EP:6 Blue Wallet Setup.
In this episode we talk about hot wallets and cold wallets, custodial and how to setup your basic on-chain bitcoin wallet.
Why self-custody is important.
Blue wallet is a versatile app that lets you create multiple wallets and can be used as an offline wallet too (temporary cold wallet) if needed.
Find out more on bluewallet.io (bluewallet.io)
ब्लू वॉलेट (नीला बटुआ)
खुद के बैंक बनो
सरल तरीके से बिटकॉइन का वॉलेट कैसे बनायें
हॉट वॉलेट और कोल्ड वॉलेट में क्या अंतर है
कस्टोडियल और नॉन कस्टोडियल वॉलेट का क्या मतलब है
4 Aug 2023
Private Keys & Public Keys in हिंदी
प्राइवेट कीज़ और पब्लिक कीज़
यानी
निजी चाबियाँ और सर्वाजनिक चाबियाँ
तुम्हारी चाबियाँ नहीं तो तुम्हारे सिक्के भी नहीं
In episode 5 we look at bitcoin private and public keys.
How are private keys and public keys generated.
What is elliptic curve.
How safe is a 256 bit private key that has been generated from a good source of randomness.
This episode doesn't talk about mnemonic seeds, as that is a separate topic.
I hope you like this episode and learned the basics of private and public keys.
22 Jul 2023
कंसेंसस, हैशिंग और बीजान्टिन जेनेरेल्स प्रोब्लेम क्या है ? What is Consensus, Hashing and Byzantine Generals Problem in Hindi.
कंसेंसस, हैशिंग और बीजान्टिन जेनेरेल्स प्रोब्लेम क्या है ?
EP:4
इस एपिसोड में हम देखेंगे की बिटकॉइन के नियम कैसे लागु होते हैं
प्रूफ ऑफ़ वर्क (काम का सबूत) कैसे काम करता है
नेटवर्किंग में बीजान्टिन जेनेरेल्स प्रोब्लेम का क्या हल है
In episode 4 we look at consensus, Hashing and Byzantine Generals Problem, we also look at how a block is mined with SHA256 algorithm.
Satoshi's innovation made Bitcoin the first distributed network to be Byzantine Generals Fault Tolerant and this was possible with the help of proof of work.
Special thanks to Jesse Berger for the really well put and simple bitcoin book called: Magic internet money
https://magicbitcoinbook.com/ (https://magicbitcoinbook.com/)
Cover art graphics from Anil Patel's several slides that are available online (twitter: @anilsaidso)
Follow me on twitter.com/bitcoinsikho (twitter.com/bitcoinsikho)
9 Jul 2023
बिटकॉइन व्हीट पेपर का सार EP:3 Bitcoin White Paper's Abstract
क्या कहता है बिटकॉइन का व्हीट पेपर (पहला पैराग्राफ)
पीर टू पीर क्या होता है
डिजिटल हस्ताक्षर
प्रूफ ऑफ़ वर्क (काम का सबूत )
बिटकॉइन का व्हीट पेपर https://bitcoin.org/bitcoin.pdf (https://bitcoin.org/bitcoin.pdf)
Andreas Antonopoulos - 51% Bitcoin Attack
https://youtu.be/ncPyMUfNyVM (https://youtu.be/ncPyMUfNyVM)
5 Jul 2023
अच्छा पैसा और उसके गुण Sound money criteria EP:2
इस एपिसोड में हम इन विषयों पर बात करेंगे
अच्छा पैसा और उसके गुण क्या है
एरिस्टोटल जो की ग्रीस के फिलॉस्फर थे उनका क्या राय था इसके बारे में
साउंड मनी ज़रूरी क्यों है
डिजिटल फ़िएट पैसे में और बिटकॉइन में क्या अंतर है
क्या डिजिटल फ़िएट कागज के पैसों की फोटोकोपी है जिसे एक अकाउंट से दुसरे अकाउंट में भेजा जाता है
1933 में ऐसा क्या हुआ जिस वजह से अमेरिका में लोगों को अपना सोना सरकार को सौंपना पड़ा
राइ पत्थर क्या है
What are sound money properties
What were Aristotle's views on sound money
Difference between digital fiat and Bitcoin
What happened in 1933 in America
What are Rai Stones.
Special thanks to Jesse Berger for the really well put and simple bitcoin book called: Magic internet money
https://magicbitcoinbook.com/
Graphics from Anil Patel's several slides that are available online (twitter: @anilsaidso)
Please share and leave a review about the show.
Bitcoin Sikho.
28 Jun 2023
EP:1 What is money ? What is Bitcoin ? in Hindi पैसा क्या है ? बिटकॉइन क्या है ?
पैसा क्या है ?
बिटकॉइन क्या है ?
मेरे समहज के अनुसार पैसा एक खाता है जो आपकी मेहनत और समय का हिसाब रखता है
येह खाते जिसे हम पैसा भी कहते हैं इस ने कई प्रकार के रूप लिए हैं जिस तरह की दिमागी खाता, कौड़ी, नमक, कांच के मनके और सोना
पैर हमेशा से ही इस खाते से मिलावट और केंदरीकरण की घटनायें हम देखते आयें हैं
बिटकॉइन इस डिजिटल युग में इन समस्याओं का हल निकलने आया है
जुड़े रहिये और देखिये की बिटकॉइन क्यों इन सब का समाधान है।
जिम्मेदारी से अपना पैसा चुनें
What is money ?
What is Bitcoin?
In this episode we explore the origins of money in Hindi.
According to few anthropologists, especially David Graeber, there is no evidence that barter was actually the precursor to money.
https://en.wikipedia.org/wiki/David_Graeber
Check out the article below for the myths of barter economy.
https://www.theatlantic.com/business/archive/2016/02/barter-society-myth/471051/
Graphics used from the presentations by Anil Patel, please follow Anil on Twitter for more visuals that make things about bitcoin, economics and money easier to understand.
https://twitter.com/anilsaidso
Please follow me on twitter https://twitter.com/bitcoinsikho
and if you liked this episode, please subscribe, rate and leave a comment to help spread this content.
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