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.

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.

0th episode is here and this time we take a look at how to download and verify bitcoin core in hindi.

In episode 9 we talk about why money converges to one, where the winner

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

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.

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

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

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.

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/

Cover art graphics from Anil Patel's several slides that are available online (twitter: @anilsaidso)

Follow me on twitter.com/bitcoinsikho

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

Andreas Antonopoulos - 51% Bitcoin Attack

https://youtu.be/ncPyMUfNyVM