+Chris Mohritz | chris@mohritz.co
WHO THIS IS FOR
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Curious about Bitcoin buzz
Entrepreneur looking for trends
Early adopters
Staying on top of tec...
OUR JOURNEY
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●
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●
●

What is Bitcoin?
How volatile is it?
Where can I use my Bitcoins?
How do you store, trade & spe...
WHY THIS IS IMPORTANT
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●
●
●

Impacts all of us
Money is being made (and lost)
Preview into future of currency
Internet n...
WHO’S BEHIND IT?
WHAT IS BITCOIN
The Future or a Failed Experiment?
THE BASICS
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●
●
●
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Purely electronic
Outside traditional banking system
Started circulating in 2009
Relies on...
A BRIEF HISTORY OF BITCOIN

nytimes.com/interactive/technology/bitcoin-timeline.html
HOW MUCH IS OUT THERE?

blockchain.info/charts/total-bitcoins
BACKED BY THE FULL FAITH AND
CREDIT OF ...?

huffingtonpost.com/shelly-palmer/bitcoin-money-currency-or_b_4889845.html
HOW VOLATILE IS IT?
Everyone Has an Opinion
WELCOME TO THE WILD WEST

blockchain.info/charts/market-price
THE BENCHMARK

tickerscores.com/blog/bitcoin-an-almost-exact-fit-to-golds-historical-chart/
A CURE FOR VOLATILITY?
● Privatized FDIC (inscrypto.com)
HOW CAN I USE
BITCOINS?
A Growing List
DIRECTLY ACCEPTING BITCOIN

(pizzaforcoins.com)

bitpay.com/directory
spendbitcoins.com/places
nasdaq.com/article/what-com...
EVERYWHERE ELSE

gyft.com/bitcoin
egifter.com/bitcoin
HOW DO YOU STORE,
TRADE & SPEND
BITCOINS?
Building on Current Habits
WHAT HAPPENS WHEN YOU SPEND

http://scenic.princeton.edu/network20q/wiki/index.php?title=P2P_and_Bitcoin
STORING THEM
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Online
Offline
Exchanges
???
TRADING & CASHING OUT

rt.com/op-edge/if-bitcoin-exchanges-shut-down-518
THINK OF IT AS DIGITAL CASH
● Finite number available (21M)
● Lost Bitcoins cannot be replaced
HOW ARE BITCOINS
CREATED?
Pick Up Your Digital Shovel
MINING FOR BITCOINS (~9M LEFT)

businessinsider.com/how-bitcoins-are-mined-and-used-2013-4
visual.ly/think-you-can-mine-bi...
IN THE NEWS
Plenty of it
WHAT HAPPENED TO MT. GOX?
“The exchange
became insolvent
after losing 744,408
Bitcoins (~$350
million US dollars) -the lar...
GETTING HEADLINES
Bitcoin ATM
● huffingtonpost.ca/bitcoin-atm-canada
Hackers
● digitaltrends.com/computing/pony-botnet-ste...
WHAT WILL BITCOIN'S
FUTURE BRING?
Good Question
ONLY TIME WILL TELL
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Footnote in history books?
Government regulation?
Global currency?
End of central banks?
Ch...
BACK TO TYLER
Is Bitcoin a “potential
disrupter of traditional
financial institutions”?
nytimes.com/2014/03/01/opinion/noc...
KEEP DIGGING
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khanacademy.org/bitcoin-what-is-it
bitcoin.it/wiki
bitcoins.com
cryptocoinsnews.com
coinde...
Feedback?
Questions?
chris@mohritz.co
What Is Bitcoin & What Can You Do With It?
What Is Bitcoin & What Can You Do With It?
What Is Bitcoin & What Can You Do With It?
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What Is Bitcoin & What Can You Do With It?

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Seeing Bitcoin mentioned everywhere you go these days? Many online stores & services accept payments in Bitcoin, and some people even sell their homes for the stuff. It's a digital currency, but where does it come from and how is its value determined? More importantly, how does it affect you and your business?

Join us for an introduction to this new online currency, how it works, and why it's getting so much attention.

Publié dans : Économie & finance

What Is Bitcoin & What Can You Do With It?

  1. 1. +Chris Mohritz | chris@mohritz.co
  2. 2. WHO THIS IS FOR ● ● ● ● ● Curious about Bitcoin buzz Entrepreneur looking for trends Early adopters Staying on top of tech changes Staying on top of currency changes
  3. 3. OUR JOURNEY ● ● ● ● ● ● ● What is Bitcoin? How volatile is it? Where can I use my Bitcoins? How do you store, trade & spend Bitcoins? How are Bitcoins created? What happened to Mt. Gox? What's the future of Bitcoin? Interrupt me at anytime for questions / comments
  4. 4. WHY THIS IS IMPORTANT ● ● ● ● Impacts all of us Money is being made (and lost) Preview into future of currency Internet needs something like Bitcoin
  5. 5. WHO’S BEHIND IT?
  6. 6. WHAT IS BITCOIN The Future or a Failed Experiment?
  7. 7. THE BASICS ● ● ● ● ● ● ● ● ● ● Purely electronic Outside traditional banking system Started circulating in 2009 Relies on peer-to-peer network/processing Peers verify and record transactions No central authority Value depends on people's confidence Transacted anonymously Started by anonymous (Satoshi Nakamoto) An experiment?
  8. 8. A BRIEF HISTORY OF BITCOIN nytimes.com/interactive/technology/bitcoin-timeline.html
  9. 9. HOW MUCH IS OUT THERE? blockchain.info/charts/total-bitcoins
  10. 10. BACKED BY THE FULL FAITH AND CREDIT OF ...? huffingtonpost.com/shelly-palmer/bitcoin-money-currency-or_b_4889845.html
  11. 11. HOW VOLATILE IS IT? Everyone Has an Opinion
  12. 12. WELCOME TO THE WILD WEST blockchain.info/charts/market-price
  13. 13. THE BENCHMARK tickerscores.com/blog/bitcoin-an-almost-exact-fit-to-golds-historical-chart/
  14. 14. A CURE FOR VOLATILITY? ● Privatized FDIC (inscrypto.com)
  15. 15. HOW CAN I USE BITCOINS? A Growing List
  16. 16. DIRECTLY ACCEPTING BITCOIN (pizzaforcoins.com) bitpay.com/directory spendbitcoins.com/places nasdaq.com/article/what-companies-accept-bitcoin-cm323438
  17. 17. EVERYWHERE ELSE gyft.com/bitcoin egifter.com/bitcoin
  18. 18. HOW DO YOU STORE, TRADE & SPEND BITCOINS? Building on Current Habits
  19. 19. WHAT HAPPENS WHEN YOU SPEND http://scenic.princeton.edu/network20q/wiki/index.php?title=P2P_and_Bitcoin
  20. 20. STORING THEM ● ● ● ● Online Offline Exchanges ???
  21. 21. TRADING & CASHING OUT rt.com/op-edge/if-bitcoin-exchanges-shut-down-518
  22. 22. THINK OF IT AS DIGITAL CASH ● Finite number available (21M) ● Lost Bitcoins cannot be replaced
  23. 23. HOW ARE BITCOINS CREATED? Pick Up Your Digital Shovel
  24. 24. MINING FOR BITCOINS (~9M LEFT) businessinsider.com/how-bitcoins-are-mined-and-used-2013-4 visual.ly/think-you-can-mine-bitcoin cnbc.com/id/101332124
  25. 25. IN THE NEWS Plenty of it
  26. 26. WHAT HAPPENED TO MT. GOX? “The exchange became insolvent after losing 744,408 Bitcoins (~$350 million US dollars) -the largest Bitcoin heist ever.” huffingtonpost.com
  27. 27. GETTING HEADLINES Bitcoin ATM ● huffingtonpost.ca/bitcoin-atm-canada Hackers ● digitaltrends.com/computing/pony-botnet-steals-bitcoins Endless opinions & opinions about opinions ● forbes.com/you-dont-need-a-nobel-prize-to-be-wrongabout-bitcoin-but-it-helps
  28. 28. WHAT WILL BITCOIN'S FUTURE BRING? Good Question
  29. 29. ONLY TIME WILL TELL ● ● ● ● ● Footnote in history books? Government regulation? Global currency? End of central banks? Chaos? Mayhem? Which brings us...
  30. 30. BACK TO TYLER Is Bitcoin a “potential disrupter of traditional financial institutions”? nytimes.com/2014/03/01/opinion/nocera-thebitcoin-blasphemy.html Is Satoshi Nakamoto Tyler Durden 2.0? “The root problem with conventional currency is all the trust that’s required to make it work.” ~Satoshi Nakamoto
  31. 31. KEEP DIGGING ● ● ● ● ● ● ● ● ● khanacademy.org/bitcoin-what-is-it bitcoin.it/wiki bitcoins.com cryptocoinsnews.com coindesk.com weusecoins.com howdoyoubuybitcoins.com dailytekk.com/top-50-bitcoin-resources evoorhees.blogspot.co.uk/libertarian-intro
  32. 32. Feedback? Questions? chris@mohritz.co

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