Cryptonomicon - Top Crypto Growth

Neal Stephenson, Author of Cryptonomicon, Signs Up For His First Bitcoin Wallet.

Neal Stephenson, Author of Cryptonomicon, Signs Up For His First Bitcoin Wallet. submitted by WillWorkForCrypto to Bitcoin [link] [comments]

Sorry to break up the hilarity, but can I get an ELI5 of bitcoin? These seems like the place I am most likely to get truthful answers.

I watched a Youtube video on the subject, but it somewhat confusing to my plebe, non-STEMlord/Liberal arts loser brain.
So why is it exactly people think bitcoin is so great? What exactly is this blockchain stuff? Isn't a means of verification already built-in to bitcoin? Why people furiously jerking themselves over blockchain? What is all this stuff about "off-chain" transactions? How do these wallet applications work? How do you have fractional values of 1BTC exist?
I am actually the only person in existence who went university and did not take an economics class. The only cryptocurrency I understand is the fictional one described by Neal Stephenson (whom I recently figured out is actually a libertarian thus destroying many of adolescent memories of reading his books) Cryptonomicon. Although his vision of a decentralized, electronic currency looks pretty dated (the book was published in 1999) by today's standards as it was backed by sweet, sweet gold.
I feel like this subreddit is pretty funny, but a lot of the humour is over my head.
Edit: The responses I have received have been very helpful and edifying. There is some very good and interesting information here, as well a bit of what seems like healthy debate.
submitted by Zerimas to Buttcoin [link] [comments]

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Did best selling cyberpunk novelist Neal Stephenson (Snow Crash, Cryptonomicon) invent Bitcoin under the pseudonym Satoshi Nakamoto?That’s what Reason Magazine wants to know. “It’s plausible that Neal Stephenson invented, or helped invent, Bitcoin, because that is simply the sort of thing that Neal Stephenson might do,” Peter Suderman writes. ... Cryptonomicon - Kindle edition by Neal Stephenson. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Cryptonomicon. Did best selling cyberpunk novelist Neal Stephenson (Snow Crash, Cryptonomicon) invent Bitcoin under the pseudonym Satoshi Nakamoto? That’s what Reason Magazine wants to know. “It’s plausible that Neal Stephenson invented, or helped invent, Bitcoin, because that is simply the sort of thing that Neal Stephenson might do,” Peter Suderman writes. Suderman points out that Stephenson has ... Cryptonomicon's Neal Stephenson Says He Isn’t Satoshi Nakamoto, The Creator Of Bitcoin Satoshi Nakamoto has elicited much mystery over the last decade. Bitcoin has infiltrated many mainstream markets, and interest in the cryptocurrency continues to grow. I did put a bitcoin wallet which ran form the CLI on my old Linux Zaurus PDA. I actually found and lost the MMC card a few years later when the coins were probably worth under $20, it was corrupt ...

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