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Bitcoin, what's the buzz all about

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Introduction to Bitcoin given at VOC Valkenswaard

Introduction to Bitcoin given at VOC Valkenswaard

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  • 1. Bitcoin What’s the buzz all about? https://www.flickr.com/photos/jason_benjamin/8631889823
  • 2. What is Bitcoin? • Digital Crypto-currency • Peer-to-peer transactions • Worldwide payments • Low transaction fees https://www.flickr.com/photos/zcopley/7459091840
  • 3. Bob wants to send money to Alice 1 Alice gives Bob her public Bitcoin address 2 Bob pays the amount to Alice her Bitcoin address 3 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy Blockchain network validates the transaction 4 Bitcoin transaction schema
  • 4. Easy payment system • Almost direct transfer of money (about 5 minutes) • Easy for any kind of payments (small or big)
  • 5. Your digital wallet Web, Computer or Mobile
  • 6. Digital Wallet on PC
  • 7. coinbase.com
  • 8. Paper wallet Bring digital money into touchable currency
  • 9. My PHPBenelux promo ! ! 
 Today could be your lucky day PHPBNL14 Raffle! You can now participate in the in2it raffle and own 1 BTC, which is about € 660. Just scan the QR code or go to http://in2.se/phpbnl14btc.! ! The winner will be announced at the closing of PHPBenelux Conference 2014 on Saturday, January 25 2014. You must be present to win!! ! Enter your details at above mentioned website to be eligible for participation. 2 Consul'ng)Services)that)stand)out!) As#PHP#professional#services#provider,#in2it#vof#has#a#long#history#of# assis8ng#businesses#to#deploy#and#maintain#their#business#cri8cal# PHP#projects.#With#our#network#of#PHP#professionals#who#share#the# same#vision#as#us,#we#are#able#to#offer#a#selec8on#of#endBtoBend# solu8ons#that#meet#your#requirements#and#are#tailored#to#match# your#business. Improving)quality)and)performance) Quality#is#the#basic#founda8on#you#can#build#on,#and#assuring#that# your#applica8ons#meet#a#certain#quality#ensures#a#long#term,# maintainable#and#scalable#code#base#resul8ng#in#less#overhead#post# sales.#When#we#talk#about#quality#assurance,#the#keyword#is#indeed# “assurance”.#The#goal#is#to#rest#assured#nothing#is#broken#when#you# leave#the#office#aIer#a#release#and#feel#confident#all#is#good.#And#it’s# easily#achievable.#In2it#can#help#you#get#there. Training)and)coaching) Get#trained#by#professionals#who#use#PHP#technology#on#a#daily# basis.#Not#only#will#you#get#the#best#training#experience,#but#you’ll# also#get#hidden#8ps#and#tricks#of#the#trade.# PHP#is#in2it#vof’s#core#business#allowing#us#to#stay#on#top#of#what’s# happening#in#the#world#of#PHP.#As#we#are#also#contribu8ng#back#to# the#community,#we#have#good#rela8onships#with#the#people#behind# PHP#and#related#projects. “By$engaging$the$community$we$stay$ahead$of$our$game,$learn$ what$the$future$will$bring$and$listen$to$desires$of$the$community.$ By$being$close$to$the$community$we$succeed$in$our$work,$ delivering$quality$services$to$sa<sfied$customers.”$ ! —#Michelangelo#van#Dam,#CEO#in2it#VOF www.in2it.be
  • 10. Where do I get Bitcoins? https://www.flickr.com/photos/59937401@N07/5857984386
  • 11. Ways to get Bitcoins • Participate in ad contests • Buy them on directly online • Go to market places • Find a Bitcoin ATM • Get them from others
  • 12. BTCClicks.com
  • 13. bitplaats.nl
  • 14. Buy and sell Bitcoins on
  • 15. ATM Find a BTC ATM abroad
  • 16. Get a gift It’s an awesome gift https://www.flickr.com/photos/carbonnyc/5747629074
  • 17. Business value? • No bank retaining money • Low transfer fees • Direct conversion to local currency https://www.flickr.com/photos/jurvetson/13543526165
  • 18. Businesses already accepting Bitcoin
  • 19. Paying is easy Point of Sales apps
  • 20. Will it make me rich? Is Bitcoin the new gold?
  • 21. Today’s BTC rate $ 459.77 / € 340.49
  • 22. Beyond exchange rates Same as today’s exchange fluctuations between USD and EUR https://www.flickr.com/photos/slopjop/558368078
  • 23. Use Bitcoin wise • Customers pay for goods and/or services with BTC • Exchange your day earnings into local currency • Best the same day to have good exchange rates
  • 24. Don’t wait for boom It might never happen again https://www.flickr.com/photos/rupertuk/534748923
  • 25. Bitcoin & you? If you like to innovate, adapt and provide alternatives to customers: 
 YES
  • 26. DON’T IGNORE THE DANGERS OF THE INTERNET!
  • 27. Mt.Gox looses Bitcoins!
  • 28. Guy looses £4m on hard disk
  • 29. Rule of thumb • Keep your wallet safe! • Strong passwords • Offline wallets are better • Don’t loose your passwords • Make backups!
  • 30. Michelangelo van Dam ! Web Technology Consultant Community Leader Open-source contributor Conference Speaker https://www.flickr.com/photos/akrabat/8784318813
  • 31. 1DHL9cTt5pg9ixHkZzcd7Nk1bbz8cPTNLw If you liked my talk… share some coins

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