How Bitcoin Came to Be - Bobby Lee (BTCC)




Stanford Entrepreneurship Videos show

Summary: BTCC Co-Founder and CEO Bobby Lee recounts the origins of Bitcoin and how its inventor decided it should be issued. Lee explains the "lottery" for acquiring the digital currency, which anyone can enter through a practice known as "Bitcoin mining." He also talks about the mathematically-derived amount of 21 million Bitcoins to be released over a pre-determined timespan.