A Bitcoin intro
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Bitcoin is a digital currency created in 2008 that allows for fast and relatively free transactions anywhere in the world. It uses cryptography and a decentralized network to verify transactions and create new bitcoins. The value of bitcoin comes from its usefulness as a currency and the demand for it. However, bitcoin is still experimental and volatile, with an uncertain future in terms of stability, regulation, and widespread adoption. The bitcoin community continues to develop the software, payment systems, and applications around this new currency.
A Bitcoin intro
- 1. @exmosis bitcoinlife.wordpress.com
- 3. The Exciting Stuff Global Usable Open Economically Experimental
- 5. What is Bitcoin? Invented in 2008 by "Satoshi Nakamoto" Bitcoin / Bitcoins / BTC Digital Virtual Crypto currency?
- 6. What is Bitcoin? Digital Virtual Crypto currency? Internet currency
- 7. MATHS RULES
- 8. CODE RULES
- 10. What is Bitcoin? Like Money but slightly different
- 11. What is Bitcoin? Like Pounds but more "limited"
- 12. What is Bitcoin? Like Paypal but more chaotic
- 13. What is Bitcoin? Like Second Life money but you can buy stuff
- 14. Bitcoin MIGHT BE: Bitcoin IS...
- 15. Bitcoin IS... Bitcoin MIGHT BE: Relatively fast (to anywhere) (~ 10 minutes)
- 16. Bitcoin IS... Bitcoin MIGHT BE: Relatively free (to anywhere)
- 17. Bitcoin IS... Bitcoin MIGHT BE: Relatively transparent http://www.bbc.co.uk/news/technology-19633980
- 18. Bitcoin IS... Bitcoin MIGHT BE: Hackable
- 19. Bitcoin IS... Bitcoin MIGHT BE: Your responsibility "Bitcoin doesn't ask that users trust any institution. Its security is based on cryptography." - Bitcoin FAQ
- 21. Bitcoin is NOT... Not (totally) Instant
- 22. Bitcoin is NOT... Not (totally) Anonymous
- 23. Bitcoin is NOT... Not for the Faint-Hearted? http://www.bbc.co.uk/news/technology-19486695
- 24. Bitcoin is NOT... Not Illegal
- 25. Bitcoin is NOT... Not necessarily easy to get
- 26. Bitcoin is NOT... Not too stable (yet)
- 27. BTC vs USD Source
- 28. Bitcoin is NOT... Not great for Offline (yet?)
- 29. Bitcoin is NOT... Not Tested For Hundreds of Years (yet) "Bitcoin is an experimental, virtual currency that may succeed or may fail. " - Bitcoin FAQ
- 30. Bitcoin is NOT... Not a Pyramid Scheme
- 32. The Bitcoin Pyramid The Bitcoin Stack You are here? Community Economy Payments Software Protocol (Rules)
- 33. 1. Protocol
- 34. Protocol 1. Protocol Who owns which numbers? Public/Private Keys are awesome
- 35. Protocol 1. Protocol Who keeps track of it all?
- 36. Protocol 1. Protocol Where do Bitcoins come from?
- 38. Protocol 1. Protocol Crypto Power = Verified Ownership
- 39. Protocol 1. Protocol Computing Power = Verified History
- 41. 2. Software
- 42. Software 2. Software Clients
- 43. Software 2. Software Clients
- 44. Software 2. Software APIs, Hackability e.g. blockchain.info rugatu.com satoshidice.com
- 45. Software 2. 'Software' Making the virtual physical Coins Cheques Cards Print-your-own* Physical wallets
- 46. 3. Payments
- 47. Payments 3. Payments How can I get me some? freebitcoins.appspot.com IRC intersango.com mtgox.com For cash: localbitcoins.com (Or sell something?) (Or beg?)
- 48. Payments 3. Payments How can I get me some? PingIt!
- 49. Payments 3. Payments What can I buy? Hosting Services Games Clothing Magazines Handmade food Chocolate Watches Tea & Coffee Tiny cannons Weddings Soap Music Tooth repairs Pirateboxes Mitt Romney's tax returns
- 50. Payments 3. Payments
- 51. Payments Skip Ad www.blocknois.es
- 52. 3. Payments Wiki list of traders Source
- 53. Payments 3. Payments How do I pay? 196uGPvLidBWE9M7xT8QBk6Bj8qmUxFdMf Hmmm. Catchy.
- 54. Payments 3. Payments QR Codes
- 55. Payments 3. Payments First Bits http://blockchain.info/address/196uGPvLidBWE9M7xT8QBk6Bj8qmUxFdMf First Bits: 196ugp (Only after first use though)
- 56. Bitcoin in Action http://blockchain.info/wallet
- 57. Payments 3. Payments Third Parties Slowly appearing e.g. www.bitpay.com Effort/Value feedback...
- 58. 4. Economy
- 59. Economy 4. Economy What is "value"? Usefulness + Demand
- 60. Economy 4. Economy What is "value"? That is it.
- 61. Economy 4. Economy What is Bitcoin's "usefulness" value? - Ease of use? - Scarcity? - Self-fulfilling value / Speculation? - ... Other?
- 62. Economy 4. Economy Value = Attention = Use = Demand = Value = Attention = Use = Demand = Value = Attention = Use = Demand = Value = Attention = Use = Demand = Value = Attention = Use = Demand = Value = Attention = Use = Demand = Value = Attention = Use = Demand = Value = Attention = Use = Demand = Value = Attention = Use = Value = Attention = Use = Demand = Value = Attention = Use = Demand = Value = ...
- 63. 5. Community
- 64. Community 5. Community Is there a community? Yes and No... Self-Interest vs Network-Interest Hoarders vs Spenders Scammers vs Victims
- 65. Community 5. Community Is there a community? More responsiiblity = More social feedback
- 66. Community 5. Community What happens next?* - User friendliness - More openness - Price stability? - Killer app? *(IMHO)
- 67. Community 5. Community How does Bitcoin scale? Value is floating Difficulty is floating Bitcoins are declining Interest is ... ?
- 68. Last Slide Interested? Intrigued? Indifferent? Let's talk! bitcoinlife@exmosis.net twitter.com/exmosis bitcoinlife.wordpress.com 14nAMRedT3b31miF3bpfMwY2VSe5tF19oD
- 69. Really Last Slide weusecoins.com Bitcoin Wiki Bitcoin FAQ Bitcoin Businesses
- 70. OK Really Last Slide Thanks.