I have been fascinated by economics, political theory, and monetary theory for some time, and it is through my self education in these fields i stumbled across bit-coin. Upon learning about bit-coin i became infatuated with the claims made by the bit-coin community. I well understand, as im sure many of you do, the nature of the invisible cage placed upon us by powerful banking interests through fractional reserve lending, debt based currency, and the monopolization of capital and the means of exchange. If bit-coins are truly what many claim them to be an independent, incorruptible, indestructible means of exchange than the potential for positive impact upon our planet by this community is of an unimaginable scale. There exists the potential for this community to be responsible for saving the lives of not just thousands or millions of lives, but billions maybe even trillions if we became an interstellar society in the future. So it would be an understatement to say that im interested in your work.

Clearly the next step for me is understanding, i want to fully understand how this software operates. I have a problem though, everything i read is either to broad to technical. For example i have this http://www.youtube.com/watch?v=FTOhti7wxXk which goes over my head or this http://www.youtube.com/watch?v=AjnM2shYIrM which explains nothing. So in essence what im asking for is a detailed explanation in English not techno-babel that required a doctorate to understand. I am like most members of my generation some what computer "literate" so your not talking to grandma over here but of course my understanding will be dwarfed by many on this forum.