What is the best simple video that explains the basics of Bitcoin to new people?

I have quite a few people on Facebook who are curious what is Bitcoin and how does it work. I'm trying to decide what is the best video or two to show them without overwhelming them.

What is the best simple video that explains the basics of Bitcoin to new people?

Preferably not too long, between 5-15 minutes if possible.

A compiled list of the best responses below:

http://www.youtube.com/watch?v=Um63OQz3bjo ("What is Bitcoin?")
https://www.youtube.com/watch?v=t4UYpbRO8nw
http://bitcoin.cbtnuggets.com/
https://www.youtube.com/watch?v=px7GPBcNDX8 (Jeremy Allaire)
https://ciphrex.com/archive/bofa-bitcoin.pdf - Bank of America/Merrill Lynch Bitcoin Educational Document

Quote from: colinistheman on September 29, 2014, 11:07:26 PM

You might like to share the solo post made on this page => https://www.facebook.com/100bitcoin

Yes, that's a good one.

I am looking for something which goes a little more into depth on what Bitcoin is and how it operates-- something between this video and a highly technical video by Andreas Antonopolous.

This vid shows how Bitcoin is useful in some real life situations. 3 minutes
https://www.youtube.com/watch?v=t4UYpbRO8nw

Quote from: HELP.org on September 29, 2014, 11:21:01 PM

This vid shows how Bitcoin is useful in some real life situations. 3 minutes
https://www.youtube.com/watch?v=t4UYpbRO8nw

Thanks, that's pretty good. I haven't seen that before.

Best one so far ( just came across it the other day...)

http://bitcoin.cbtnuggets.com/

Quote from: bbit on September 29, 2014, 11:35:59 PM

Best one so far ( just came across it the other day...)

http://bitcoin.cbtnuggets.com/

Thanks. A little too dragged out for my purposes, but a good video nonetheless

Quote from: colinistheman on September 29, 2014, 11:49:57 PM

Quote from: bbit on September 29, 2014, 11:35:59 PM

Best one so far ( just came across it the other day...)

http://bitcoin.cbtnuggets.com/

Thanks. A little too dragged out for my purposes, but a good video nonetheless

I kind of skipped over this Wink

Quote

Preferably not too long, between 5-15 minutes if possible.

Any others simple videos that explain how Bitcoin works without being too complicated?

https://www.youtube.com/watch?v=Kgzu-QwzW3M

and

https://www.youtube.com/watch?v=px7GPBcNDX8 - is a must watch for actually understanding it. If they want spoon feeding for short attention spans, then see video 1

Quote from: serenitys on September 30, 2014, 04:13:05 PM

The first video is an advertisement for Circle.

The second video is perfect. Thank you

this one is what I reccomend http://www.youtube.com/watch?v=Um63OQz3bjo
and it is one of the most viewed

I think that the best analogy to explain the mining process is the one used by the paper by the Bank of America.
https://ciphrex.com/archive/bofa-bitcoin.pdf
Making a video about it would be great.

Thanks, that document actually is really good. And it defines some of the most common terms really well.

Who would have thought a bank would do a good job of educating others on Bitcoin :p Quite ironic.