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Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
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Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014

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Forgot to upload the presentation I gave at the World Bitcoin Conference in KL - it's a real basic introduction to Bitcoin and crypto-currencies from a technological point of view. A lot of images as …

Forgot to upload the presentation I gave at the World Bitcoin Conference in KL - it's a real basic introduction to Bitcoin and crypto-currencies from a technological point of view. A lot of images as they give me room to talk :-)

Published in: Economy & Finance, Technology
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  • Hello Guys !
    First of all i would like to tell your about Bitcoins
    Bitcoin is a decentralized digital currency. Digital coins are transferred from person to person via the internet. This basically eliminates the need for a middle man to process these transactions for a processing fee. Bitcoins can be transferred for goods or services to and from people and businesses via the Internet. Because Bitcoin is a virtual money, it is completely open sourced. Each transaction has an electronic transaction code that is recorded in public ledger, called a block chain

    Now Question is From Where we purchase These Bitcoins ?
    Answer is simple : We can Buy Bitcoins from Bitcoinita.
    Bitcoinita is based on Italy and they are providng bitcoins all over the world .
    They are accepting Credit Card as their primary payment method

    http://Www.bitcoinita.com
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
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  • 1. BITCOIN IS TECHNOLOGY -- Presented at World Bitcoin Conference 2014 in KL --
  • 2. BITCOIN SUCKS 2,460,000 RESULTS https://www.google.com/search?q=bitcoin+sucks
  • 3. BITCOIN ROCKS 52,400,000 RESULTS https://www.google.com/search?q=bitcoin+rocks
  • 4. 26 times as good as its not
  • 5. MARK SMALLEY m_smalley •  Living in Asia for 17 Years / Wife and Children Malaysian •  OpenSource Technology Evangelist / Family in Finance •  PHP / JS Developer & Designer – MongoDB Products •  Read Satoshi’s White Paper 13 Months Ago •  Launched a HTML5 Bitcoin Wallet 2 Months Ago •  Received 1st Round of Funding (RM 350K) 2 Days Ago
  • 6. THE ULTIMATE QUESTION What is Bitcoin…? Start by debunking the myths
  • 7. 5 PILLARS OF BITCOIN Ask 5 People get 6 Answers (Hard to be One for Everyone)
  • 8. CURRENCY Send Units of Value, Fungible, Divisible
  • 9. COMMODITY Scarcity Stores Wealth, Market Fluctuates with Speculation
  • 10. BRAND Marketing Message, Community & Sharing Knowledge
  • 11. PROTOCOL Decentralized Trust on the BlockChain
  • 12. TECHNOLOGY Services & Solutions Implemented & Integrated
  • 13. MANY THINGS TO MANY PEOPLE •  Bitcoin is technology - the start of decentralized ideas •  It uses a public ledger to enforce transparency •  It uses peer-to-peer networks to transfer value from one person to the other in seconds – anywhere on the planet •  Every transaction is recorded by every user in network •  Not only is it the first time we have had open-source money, but it’s also the 1st programmable money *
  • 14. WHY BOTHER WITH BITCOIN …? USA + China
  • 15. SOLVING PROBLEMS Speed, Cost Efficiency & Global Reach (Money for Internet)
  • 16. THE BITCOIN TECHNOLOGY STACK •  Uses LevelDB to access (via JSON) a globally distributed public ledger of all transactions •  Other underlying technology is not new •  Send and receive payments instantly and directly via JSON-RPC calls from any server-side language … •  Existing wrappers, frameworks, documentation, libraries and support for PHP, Ruby, NodeJS •  Still in Beta (0.9) with Market Cap of US$10 Billion
  • 17. BITCOIN IS AN OPENSOURCE API FOR PAYMENTS •  There is no sign-up process or application fees, developers can add payments to sites in minutes •  Always on & available to anyone anywhere with internet •  No limitations (US$150 Million Vs US$ 0.1) •  No censorship (Wikileaks) •  Can be used for many other things (not just payments) •  I already use it for authentication and messaging
  • 18. EXAMPLE PHP CODE $rpc = new rpc_class(); $fbi_address = ‘1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX’; $transaction_id = $rpc->query(array( 'function‘ => 'send', 'options' => array( 'to' => $fbi_address, 'amount' => 0.00000001 ) )); if($transaction_id) echo ‘Payment ‘.$transaction_id.’ Received’; else echo ‘Payment Failed’;
  • 19. WHAT MAKES IT PROGRAMMABLE MONEY …? •  It is essentially an open API available to anyone •  Where transaction fees and identification are optional •  All the underlying technologies are OpenSource •  No central authority to prevent innovation •  Easily accessible, always-on and always neutral •  It can be easily embedded into hardware, such as …
  • 20. THE BITCOIN AND RASPBERRY PI POWERED POOL TABLE http://www.coindesk.com/bitcoin-pool-table-raspberry-pi/
  • 21. RASPBERRY PI POWERED PAPER WALLET PRINTER http://piper.pw/
  • 22. BITCOIN ATM
  • 23. MALAYSIA’S FIRST BITCOIN AVM IN BSC
  • 24. BUT IF IT LOOKS & SOUNDS LIKE MONEY ( over 200 altcoins available, 10,000+ Predicted within 3 Years )
  • 25. SPECIAL MENTION TO AURORACOIN – MAY GO NATIONAL
  • 26. NOT TO MENTION THE MOMENTARILY TRILLION DOLLAR DOGE
  • 27. DECENTRALIZED DNS WITH NAMECOIN
  • 28. OR MINING FOR PROGRESS WITH PRIMECOIN
  • 29. YET THESE ARE ALL JUST FORKS WHAT HAPPENS WHEN YOU START AGAIN FROM SCRATCH…?
  • 30. ONE WAY TO GO IS GETTING FUNDED BY GOOGLE
  • 31. THEN THERE’S THE RIGHT WAY BY INVOLVING THE COMMUNITY
  • 32. ETHEREUM IS THE EPITOME OF BITCOIN 2.0
  • 33. SOME ARGUE WE ALREADY HAVE PROGRAMMABLE MONEY •  Square, Stripe, V.me, Simple, etc … •  Only available to developers in States / Europe •  Local alternatives are complicated, costly & useless •  No options for instant starts … •  No options for anonymity or the billions of us unbanked •  And this makes me angrier than I am with most things
  • 34. A DEVELOPER WITHOUT CHOICE IS AN UNHAPPY DEVELOPER
  • 35. PERSPECTIVE IS EVERYTHING, DEVELOPERS EXPECT CHOICE •  For the world’s unbanked, there is no other choice •  For small businesses, freelancers and start-ups in developing nations, there is no other choice •  When you have choice, it’s hard to imagine those without •  New generation growing-up with instant expectations, who are or will be disillusioned by trillion dollar bailouts •  From stones to precious metals, then paper & now bytes
  • 36. WELCOME TO THE ISLANDS OF YAP
  • 37. THERE BE GOLD IN THOSE HILLS
  • 38. RISE OF THE MACHINES
  • 39. MINING FOR PRECIOUS NUMBERS
  • 40. DAY OF THE DAC (DISTRIBUTED AUTONOMOUS CORPORATION)
  • 41. WHAT DOES THE FUTURE HOLD …? •  The future of Bitcoin (the brand) is uncertain •  A future with digital currencies and decentralized stores of value is guaranteed – people trust math over people •  National adoption of decentralized currencies would bring political transparency and economic neutrality •  Developing nations seeking to curb corruption and break-free from a US$ Based economy should be embracing and (or) issuing these technologies
  • 42. WITH BACKING COME INNOVATION Sarawakian Pepper Farmers & Government Issued Digital Currencies
  • 43. BITVEGAS (CASINO IN MINECRAFT)
  • 44. TRSST (DECENTRALIZED BLOGGING / MARKETING)
  • 45. BIT-MESSAGE (DECENTRALIZED COMMUNICATION)
  • 46. But that’s way too technical ( which is why there are so many opportunities for techies )
  • 47. PROJECT KEYHOTEE – NOW LAUNCHED http://invictus-innovations.com/keyhotee/
  • 48. MARK SMALLEY http://neuroware.io

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