EC's Raw Beginner Bitcoin Stream, Episode 77

Welcome to EC’s Raw Beginner Bitcoin Stream!

Where I discuss the fundamentals of Bitcoin in terms ordinary people can use. Unsure where to start understanding this technology? Start right here. No experience necessary. I will take all relevant questions from the chat and otherwise address what I've identified as the most common questions.

I would like this show to be focused on audience questions and have the tenor of a friendly conversation. Please keep the chat friendly and respectful.

If you like this show please hit the like button, and consider sharing the program.

You can also support me at Buy Me a Coffee: https://buymeacoffee.com/ecwashere
You can gift BTC to me at this address: bc1q09xq99hdtkm26pdfp2sxgm63apzdp4wj6hjkyu

Topic for Episode 77 What Is A UTXO and How Do Transactions Work?

Previous Episode Topic:
Episode 73: What is money and how is Bitcoin money?
Episode 74: What is Bitcoin?
Episode 75: What is the Blockchain?
Episode 76: How Do I Buy Bitcoin?

Links discussed in this program:

River: How Bitcoin Fees Work
https://river.com/learn/how-bitcoin-fees-work/

Bitcoin Fee Estimator
https://btc.network/estimate

Alternate Bitcoin Fee Estimator
https://tools.bitbo.io/fee-calculator/

Bitcoin News
https://bitcoinnews.com/adoption/

Bitcoin Price Chart
https://www.coingecko.com/en/coins/bitcoin

Helpful Links:

If you can spare 25 minutes, I recommend this YouTube video from 3Blue1Brown
“But How Does Bitcoin Actually Work?”
https://youtu.be/bBC-nXj3Ng4?si=H-ZK1iMFs8MD8nLU

As a follow up, this is a very valuable 5 minutes from the same creator.
“How Secure is 256 Bit Security?”
https://youtu.be/S9JGmA5_unY?si=s14V3H7IW8K7GI6g

Strike (the exchange I use)
https://strike.me/learn/how-to-buy-bitcoin/

Gemini (another exchange I use)
also issues a MasterCard with Satoshi rewards
https://www.gemini.com

Air Gap (the cold wallet solution I use)
https://airgap.it/

River Bitcoin (exchange not available in all States)
https://river.com/

Asymmetric Cryptography definition, history
https://www.britannica.com/topic/public-key-cryptography

BIP-39 Seed Phrase word list
https://www.bitcoinsafety.com/blogs/bitcoin/seed-phrase-list

Gold Price Manipulation and Oversupply of Paper Gold
https://vongreyerz.gold/paper-gold-price-manipulation-rigged-to-fail

Bitcoin Account Contents (example is the first account to receive a block reward)
https://blockchain.info/unspent?active=12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX

My contact info:
Pilled.net: ECWasHere
Truth Social: @ECWasHere
Substack: https://ecwashere.substack.com
E-mail: [email protected]

The opinions expressed on this program are entirely my own, and not those of Rumble nor any sponsors.

Nothing discussed on this program should be construed as financial advice.

Please do your own research.