an introduction to the bitcoin environment

1. BITCOIN
- An Introduction

2. SATOSHI NAKAMOTO
"A purely peer to peer online money
transfer system that would certainly
not require any financial institution
i.e. Banks "

4. KYU PAISA PAISA KARTI HAIN?

5. MONEY IS MONEY!!
• Money is any item or verifiable record that is generally accepted as
payment.(A general statement)
• Money has to maintain it's credibility ,it's reliability without that it is just a
piece of paper.

6. DECENTRALIZED MONEY?
I ONLY THOUGHT MY TORRENTS WERE
DECENTRALIZED
* There is no regulatory body that would monitor the flow in and flow out
the coins
*It is solely dependent on the it's cryptographic plausibility
" RBI has cautioned about Bitcoins" (Sweet Mother Mary!!! )

7. JESSE LET'S COOK SOME BITCOINS
• Ways to obtain bitcoins
*Transactions
*Digital Currency Exchanges
*Bitcoin ATM
*Mining (Sad but all the coins have been mined!!)

8. KHALISI I COUNTED "THREE" HE
COUNTED " FOUR"
• "BLOCKCHAINS" are the solution
• Blockchains are responsible for the maintenance of public ledger of all the
transaction that has taken place (Ledger what?? I only know Heath Ledger)
• Satoshi thought, “what if I could turn a bank inside out? Instead of one
central party controlling the ledger, what if every user were recruited to
maintain a constantly updated copy?”

9. Sudhanshu 100 BTC
Sushant 100 BTC
Ankita 100 BTC
Byomkesh 100 BTC Sudhanshu sells 8.3 BTC to
Sushant
Sudhanshu 91.7 BTC
Sushant 108.3 BTC
Ankita 100 BTC
Byomkesh 100 BTC
Sudhanshu 91.7 BTC
Sushant 108.3 BTC
Ankita 100 BTC
Byomkesh 100 BTC
Sudhanshu 91.7 BTC
Sushant 108.3 BTC
Ankita 100 BTC
Byomkesh 100 BTC
"Maintaining an Online Ledger"

10. OKAY! BUT WHERE'S MY PIE?
Things that you can buy are
though very limited but
positively the doors to this
incredible idea will open up
very soon
The only company
that trades with the
BItcoins in India is
"HIGHKART"

12. PANDORA'S BOX

13. I hope you are still
awake