What is Money? And Could Bitcoin Be the Best One? | Jad Mubaslat | TEDxDayton

If you’ve heard that Bitcoin is going to revolutionize money, but aren’t quite sure what that means, this talk is for you. Bitcoin entrepreneur and enthusiast Jad Mubaslat explains the key features of what makes anything (whether it is precious metals, paper notes, shells, or cows) viable as a currency for exchanging value. He then lays out how a digital currency like Bitcoin has all the same features necessary to be a currency, with some additional advantages that are unique to the blockchain technology upon which Bitcoin is built. Jad Mubaslat has been passionate about Bitcoin for several years. He founded BitQuick.co while attending The Ohio State University in 2013. The Bitcoin trading platform was accepted into leading Bitcoin accelerator, Boost.VC in 2014; BitQuick.co was then later acquired in 2016. Since then, Jad has remained an active advisor to the company, organizes a meetup for Bitcoin and cryptocurrency in the Dayton area, and now works at Rain Financial, the first regulated cryptocurrency exchange in the Middle East. Jad received a BS in Biomedical Engineering in 2015 at Ohio State and an MS in Human Factors Engineering in 2018 at Wright State. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx