Bitcoin, Demystified: A Live Walkthrough from M-Pesa to Self-Custody
summary
Live demo inspects a real block on mempool.space, explains UTXO vs account models, and shows mining economics (halving to 3.125 BTC reward). A new Moon wallet receives sats bought Bitika via M-Pesa (min buy ~10 KSh), the presenter loads ~100 KSh worth of sats, then zaps 50 KSh across the room over Lightning in seconds. Practical flow is wallet → Lightning invoice → settlement, proving self‑custody and instant micro‑payments.
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chapters (13)
- 0:00Bitcoin demystification intro
- 1:25What Bitcoin is
- 3:12Public ledgers and Bitcoin
- 6:09Bitcoin storage and wallets
- 8:17Custodial vs non-custodial wallets
- 13:19Bitcoin transactions
- 16:12Blocks, mining, blockchain
- 22:07Mining rewards and halving
- 26:01UTXO vs banking
- 27:50Lightning Network
- 29:57Live Bitcoin transaction
- 39:20Why Bitcoin matters
- 42:47Q&A
