Video: BlockCypher CEO Explains Bitcoin for Singularity University

Catherine Nicholson is the CEO of BlockCypher, which is the company that powers instant trades at ShapeShift. Its Confidence Factor is used in several other applications as well. CCN spoke in depth to BlockCypher’s Developer Advocate, Josh Cincinnati, in a recent podcast.

In this video, Catherine is sent some very basic questions about Bitcoin, which she handles with vigor. Questions range from the public good to micro transactions. At one point, Catherine says:

People who live on $2.50 a day, they don’t have a bank account. They don’t have access to capital. They can’t ever escape the cycle of poverty.

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