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Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
Bitcoin for Humans - How to benefit the new reality as an individual or merchant
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Bitcoin for Humans - How to benefit the new reality as an individual or merchant

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What is bitcoin? What are the benefits for individuals and merchants? Why accept bitcoin as a merchant? Why use bitcoin as an individual? Getting started with bitcoin in three steps. Bitcoin …

What is bitcoin? What are the benefits for individuals and merchants? Why accept bitcoin as a merchant? Why use bitcoin as an individual? Getting started with bitcoin in three steps. Bitcoin resources.

Published in: Business, Economy & Finance
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  • 1. BITCOIN FOR HUMANS How to benefit the new reality as an individual or merchant
  • 2. WHO Alex Petkov BitcoinIntegrator.bg Better, Faster, Cheaper Payments for Merchants
  • 3. Bitcoin is the most important invention in the history of the world since the Internet. Roger Ver, Bitcoin Angel Investor
  • 4. WHAT IS NOT INCLUDED • Functions of money • p2p protocol • Cryptography • Algorithms • Mining • Blockchain • Legal issues • Decentralized system
  • 5. WHY IT IS NOT INCLUDED
  • 6. WHAT IS BITCOIN Email let us send letters. Skype lets us make video calls. Bitcoin lets you send money to anyone, anywhere, almost for free!
  • 7. CHARACTERISTICS • Instant • Person to person • Worldwide • Almost free • Decentralized • Easy to use
  • 8. CONSUMERS LOVE BITCOIN! - More Convenient - Faster and easier than paying with a credit card - Increased Privacy - No need to disclose personal or financial information - Full Security - No Risk of Identity Theft - Saves Money - No bank fees
  • 9. HOW TO USE BITCOIN • Use instead of PayPal - Available in any country - Your account can never be seized or closed • Use for Remittance - Eliminate the high fees - Available in any country • Use instead of e-Banking - Use from your PC or mobile phone - Have full control of your money, 24/7, from anywhere in the world • Use instead of Credit Cards - No risk of identity theft - No overdraft or over limit fees
  • 10. EXAMPLE BANK • 50 BGN fee • 15 BGN for exchanging EUR/BGN • 3 working days BITCOIN • 0.12 BGN • 30 min Transfer 5000 BGN to any country in EU:
  • 11. MERCHANTS LOVE BITCOIN! - Reduced Risk - No charge-backs and no fraud - Reduced Hassle - No compliance requirements or security risk - Lower Fees – Much less than credit cards and PayPal - Reach Globally - Accept payment from ANY country, ANY person, ANY time
  • 12. BUSINESSES ACCEPTING BITCOIN
  • 13. EXAMPLE Bitcoin • 0.00% transaction fee • Maximum of 0.99% transaction fee (if want the amount in EUR/USD sent directly your bank account) Credit cards • Fees between 3% to 5% plus a fixed fee (€ 0.10-0.25) per transaction • Startup and monthly fixed costs for point-of- sale systems PayPal • Payment receipt 1.9% + € 0.35 in euro • Dealer conditions 1.7% + € 0.35 (up to € 25K of sales) • Micro-payments: 10% 0.10 € • Fundraising: 1.2% + € 0.35
  • 14. GETTING STARTED Step 1 Get a wallet (Blockchain.info) Step 2 Get Bitcoins - Individual (LocalBitcoins.com) - Merchant (bitpay.com) Step 3 Spend Bitcoin (coinmap.org)
  • 15. WANNA KNOW MORE? https://bitcoin.org/ https://www.weusecoins.com/en/ http://www.bitcoinbg.eu/ http://www.reddit.com/r/Bitcoin/ http://www.coindesk.com/ http://bitcoinmagazine.com/ Andreas Antonopoulos Erik Vorhees
  • 16. CONTACT Alex Petkov alex@bitcoinintegrator.bg

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