About bitcoin? • Bitcoin is an open source software. • It uses peer to peer network. • First decentralized digital currency. • The Bitcoin was developed by Satoshi Nakamoto. SAmsungTOSHIbaNAKAmichiMOTOrola. • It has the same characteristics as gold.
How do bitcoins look like? 16UwLL9Risc3QfPqBUvKofHmBQ7wMtjvM Public key: 32 characters starting with 1 or 3 Private key: 51 characters starting with 5
How to use bitcoin? • Get bitons • Buy bitcoins. • Mine bitcoins. • Bitcoin business. • Bitcoin Wallet • Bitcoin-Qt • Bitcoin Wallet
Pros • Independent from Government. • It cannot be used twice • Simple, cheap and fast. • Transactions at any time. • Anonymity.
Cons • Anonymity • Not safe for the average computer user. • Competing digital currency • Cannot buy stuff. • Unstable.
Conclusion As long as people give you beer for it, it's real money.