This talk was given at a local TEDx event, produced independently of the TED Conferences. Jeremy Rubin, Technical Director of the MIT Bitcoin Project, is going to explain 'what the bleep' Bitcoin is and why he sees it as one of the most interesting innovations in modern computer science. This eye opening talk from TEDxBeaconStreet won't tell you what to think about cryptocurrency, but will leave you with the tools to parse this new and exciting landscape for yourself. Hacker and MIT Junior Jeremy Rubin is known for his role in the MIT Bitcoin project, an initiative which offered every MIT undergraduate $100 in Bitcoin this fall and his award-winning project Tidbit, which is currently embroiled in a legal battle with the state of New Jersey. About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)