Bitcoin is increasing in popularity, but let's be honest, we don't really know what it is. Here is our five-minute guide to everything Bitcoin.
WARNING: This may make you sound like an expert to fellow novices.
What is Bitcoin? How Bitcoin works in under 5 minutes.Ryan Shea
Bitcoin is imagined as a currency for a board game with tradable assets where players need a mutually agreeable way to track balances and trades. Each player is given a copy of a shared ledger recording everyone's token balances. When a trade occurs, the involved players update their ledgers and show others to update theirs, ensuring all copies stay in sync. With modifications like digital ledgers, unique account IDs, and cryptography, this system could function as a global digital currency and payment network controlled by no single entity where users transact directly without fees.
Introduction of Bitcoin, explain for newbie and financial person, easy to understanding.
Language
English 99%
Thai 1% (only "Bitcoin in Thailand)
Agenda
- What is Bitcoin
- Bitcoin and Gold, The human economy evolved
- The Bitcoin bubble
- How to can get Bitcoins
- What is Bitcoin Mining
- Total Bitcoins in circulation
- Bitcoin Supply
- How long does it take to mine a single Bitcoin
- Bitcoin consumption power
- B-Commerce
- Silk Road Case
- Tulip Mania 2.0?
- Bitcoin in Thailand
- Reference
Bitcoin is a digital currency that allows for peer-to-peer transactions with no central authority. It was created in 2009 by an unknown person under the name Satoshi Nakamoto. Bitcoins can be used to buy things anonymously online and avoid credit card fees for small businesses. The Bitcoin network works by sharing a public ledger called the blockchain that records all transactions and is maintained through mining.
Bitcoin Market Summary - Spark Capital - Produced by Oxana KunetsAndrew Parker
This is an analysis by Oxana Kunets, a Columbia GSB MBA that Spark Capital hired on HourlyNerd to study the Bitcoin market. It's a summary of: 1) what is bitcoin, 2) the companies in the space, and 3) concluding investment thesis recommendations.
An essential slide-deck about Bitcoin, what is bitcoin mining, how to mine bitcoins, bitcoin trading, how to purchase bitcoins. Learn about the history and future of Bitcoin, the new open source currency.
A really simple explanation of Bitcoin and why everyone afraid of it.
My other FinTech presentations:
Bitcoin: http://www.slideshare.net/ishmelev/bitcoin-future
Digital bank: http://www.slideshare.net/ishmelev/digital-bank-eng
Future of bank: http://www.slideshare.net/ishmelev/bank-future
Bitcoin is a decentralized digital currency introduced in 2009 that allows for peer-to-peer financial transactions without a central authority. It uses blockchain technology to record transactions through a public ledger maintained by a network of computers. New bitcoins are created through a process called mining where users offer their computing power to verify transactions. Bitcoins can be obtained by mining or in exchange for fiat money, products, or services. Users can send and receive bitcoins electronically through wallet software. The blockchain protects against fraud by requiring digital signatures to validate transactions and cryptographic hashes to prevent modification of ledger entries.
Bitcoin is an open-source cryptocurrency created by the pseudonymous Satoshi Nakamoto. It is a decentralized digital currency that uses peer-to-peer technology to operate without a central authority. Transactions are verified through a proof-of-work system and recorded in a public distributed ledger called a blockchain. While bitcoin offers advantages like instant transactions and anonymity, it also faces challenges like volatility, scalability issues, and the risk of losing coins if private keys are lost. Overall, bitcoin remains a controversial new currency that some see as the future while others see risks in its use and acceptance.
What is Bitcoin? How Bitcoin works in under 5 minutes.Ryan Shea
Bitcoin is imagined as a currency for a board game with tradable assets where players need a mutually agreeable way to track balances and trades. Each player is given a copy of a shared ledger recording everyone's token balances. When a trade occurs, the involved players update their ledgers and show others to update theirs, ensuring all copies stay in sync. With modifications like digital ledgers, unique account IDs, and cryptography, this system could function as a global digital currency and payment network controlled by no single entity where users transact directly without fees.
Introduction of Bitcoin, explain for newbie and financial person, easy to understanding.
Language
English 99%
Thai 1% (only "Bitcoin in Thailand)
Agenda
- What is Bitcoin
- Bitcoin and Gold, The human economy evolved
- The Bitcoin bubble
- How to can get Bitcoins
- What is Bitcoin Mining
- Total Bitcoins in circulation
- Bitcoin Supply
- How long does it take to mine a single Bitcoin
- Bitcoin consumption power
- B-Commerce
- Silk Road Case
- Tulip Mania 2.0?
- Bitcoin in Thailand
- Reference
Bitcoin is a digital currency that allows for peer-to-peer transactions with no central authority. It was created in 2009 by an unknown person under the name Satoshi Nakamoto. Bitcoins can be used to buy things anonymously online and avoid credit card fees for small businesses. The Bitcoin network works by sharing a public ledger called the blockchain that records all transactions and is maintained through mining.
Bitcoin Market Summary - Spark Capital - Produced by Oxana KunetsAndrew Parker
This is an analysis by Oxana Kunets, a Columbia GSB MBA that Spark Capital hired on HourlyNerd to study the Bitcoin market. It's a summary of: 1) what is bitcoin, 2) the companies in the space, and 3) concluding investment thesis recommendations.
An essential slide-deck about Bitcoin, what is bitcoin mining, how to mine bitcoins, bitcoin trading, how to purchase bitcoins. Learn about the history and future of Bitcoin, the new open source currency.
A really simple explanation of Bitcoin and why everyone afraid of it.
My other FinTech presentations:
Bitcoin: http://www.slideshare.net/ishmelev/bitcoin-future
Digital bank: http://www.slideshare.net/ishmelev/digital-bank-eng
Future of bank: http://www.slideshare.net/ishmelev/bank-future
Bitcoin is a decentralized digital currency introduced in 2009 that allows for peer-to-peer financial transactions without a central authority. It uses blockchain technology to record transactions through a public ledger maintained by a network of computers. New bitcoins are created through a process called mining where users offer their computing power to verify transactions. Bitcoins can be obtained by mining or in exchange for fiat money, products, or services. Users can send and receive bitcoins electronically through wallet software. The blockchain protects against fraud by requiring digital signatures to validate transactions and cryptographic hashes to prevent modification of ledger entries.
Bitcoin is an open-source cryptocurrency created by the pseudonymous Satoshi Nakamoto. It is a decentralized digital currency that uses peer-to-peer technology to operate without a central authority. Transactions are verified through a proof-of-work system and recorded in a public distributed ledger called a blockchain. While bitcoin offers advantages like instant transactions and anonymity, it also faces challenges like volatility, scalability issues, and the risk of losing coins if private keys are lost. Overall, bitcoin remains a controversial new currency that some see as the future while others see risks in its use and acceptance.
Bitcoin price rallied in Q4 2015, increasing 82% to end the quarter at $430.05. Trading volume on exchanges also increased significantly, rising 424% compared to Q4 2014. However, the growth rate of quarterly VC investment in the bitcoin/blockchain sector slowed from 11% in Q3 2015 to 3% in Q4 2015, though it is unclear if this decline is sector-specific or due to the overall VC environment. Major developments in the quarter included the European Court of Justice ruling that bitcoin sales are not subject to VAT, and 42 major financial firms partnering with R3 to explore blockchain applications.
The document provides an introduction to Bitcoin, explaining what it is and how it works. Some key points:
- Bitcoin is a decentralized digital currency that uses cryptography to secure transactions. It is not tied to any central authority.
- Transactions are recorded on a public ledger called the blockchain. Bitcoin ownership is determined by private keys, not identities.
- New bitcoins are created through mining, where computers validate transactions by solving complex math problems. Miners are rewarded with new bitcoins.
- Over time, the supply of new bitcoins will approach 21 million as rewards for mining decrease and eventually end. Transaction fees will incentivize mining.
- Bitcoin can be exchanged for goods and services, though its legal status
Bitcoin is imagined as a currency for a board game with tradable assets where players need a mutually agreed upon way to track balances and facilitate trades. The document proposes modeling Bitcoin after a ledger recording each player's balance that is copied and shared among all players. When a trade occurs, the involved players update their ledger copies and signatures are used to prove consent. This concept is expanded to a digital system with cryptography that allows a decentralized global ledger to reliably track balances and facilitate trades between any number of users without middlemen.
The document provides an overview of key Bitcoin concepts and terms. It explains that Bitcoin is both a protocol and cryptocurrency created in 2009 to allow for trustless international payments without intermediaries. Transactions transfer ownership of units of the cryptocurrency (bitcoins) through a distributed public ledger called the blockchain, with ownership proved through public/private key cryptography. There will ultimately only ever be 21 million bitcoins created.
The Mars Climate Orbiter failed due to a metric-imperial unit conversion error. The spacecraft's software used metric units while ground teams entered data using imperial units, resulting in incorrect calculations that sent the orbiter too low into Mars' atmosphere, where it disintegrated. The failure was caused by human error in not ensuring consistent use of units across software and teams. It underscores the importance of strict protocols and training to prevent mistakes when using different measurement systems.
This document provides a general introduction to Bitcoin. It begins with an outline and background on Bitcoin's history and the concept. It then provides a technical overview explaining addresses and keys, transactions, the blockchain, and Bitcoin mining. An economic overview discusses Bitcoin's fixed money supply and the maximum number of bitcoins that will exist. The document aims to explain Bitcoin at both the micro level of individual transactions and the macro level of its global monetary policy functions.
The Mars Climate Orbiter failed due to a mismatch between the units used by Lockheed Martin to calculate thruster firings and the units expected by NASA for navigation. Lockheed Martin used English units (pounds, feet, inches) while NASA expected metric units. As a result, trajectory correction maneuvers put the orbiter in a lower orbit than intended, and it burned up in the Martian atmosphere upon arrival. An investigation found the root cause was a failure in NASA's engineering systems and processes to detect the mismatch in units between the teams.
This document summarizes several major blackouts that have occurred worldwide. It provides details on the number of people affected, location, duration and key causes and lessons learned from each event. Some of the major blackouts discussed include the Northeast Blackout of 1965 affecting 30 million people in the US and Canada for 12 hours due to human error. The Southern Brazil Blackout of 1999 left 97 million without power for 30 hours after a lightning strike caused protective systems to fail. The Northeast Blackout of 2003 was caused by inadequate grid monitoring and affected 55 million for 16 hours, highlighting the need for mandatory reliability standards.
This document discusses Bitcoin, a decentralized digital currency. It describes how Bitcoin works through peer-to-peer technology without a central authority. Key topics covered include how new Bitcoins are generated through mining, how to acquire and store Bitcoins using wallets, how transactions are processed and recorded on the blockchain, and some advantages and disadvantages of using Bitcoin.
This document summarizes 7 historical software bugs that had critical impacts: 1) The Y2K bug, 2) A 1980 bug that caused false reports of incoming US missiles from Russia, 3) An undetected hole in the ozone layer from 1978-1985, 4) Radiation therapy overdoses in 1985-1987 and 2000, 5) A 1996 bug that caused the European Ariane 5 rocket to veer off course, 6) Flight crashes of a Swedish fighter jet in 1993 and Scottish helicopter in 1994, and 7) A 1999 Mars orbiter crash caused by a bug during testing.
Bitcoin and blockchain technology allows for decentralized, permissionless, and censorship-resistant digital currency and payments. Bitcoins are created through a process called mining where miners validate transactions and are rewarded with new bitcoins approximately every 10 minutes. The fixed and predictable monetary policy means bitcoin supply is inelastic and decreases over time. Bitcoin has proven resilient despite events like the shutdown of Silk Road and Mt. Gox exchange hack.
This document provides an overview of Bitcoin including:
1. The history and creation of Bitcoin, how it works without a central authority, and how new bitcoins are created through mining.
2. How transactions work using private keys and the blockchain to record balances and verify transactions.
3. Methods for individuals and merchants to use Bitcoin, including obtaining, storing, and spending bitcoins as well as advantages like low fees and risks to consider.
4. Both advantages like payment freedom and security, and disadvantages like price volatility.
Bitcoin Challenges - The Dawn of Trustless ComputingMichele Mostarda
Bitcoin uses a decentralized peer-to-peer network and cryptographic proof instead of trust to allow users to transact directly without intermediaries. The network maintains a public distributed ledger called the blockchain that records all transactions. Consensus on the blockchain is reached through proof-of-work mining, where miners validate transactions and are rewarded with new bitcoins. Users can obtain, store, and spend bitcoins using wallets that control private keys to digitally sign transactions on the blockchain.
The document discusses Bitcoin and cryptocurrency. It provides an overview of key topics like Bitcoin mining, wallets, blockchain technology, and forensic artifact examination related to Bitcoin. It explains concepts such as public/private keys, blockchain, mining and how transactions are recorded on the distributed ledger to facilitate payments and transfer of ownership of Bitcoin.
CoinDesk reveals the key trends, challenges, and opportunities for bitcoin in Q3 2014.
Our State of Bitcoin Reports can be sponsored. Get in touch advertising@coindesk.com
Presentation Nightmares And How To Beat ThemBrightCarbon
Pre-presentation jitters? Not sure of the best way to rehearse your presentation? Worried that you won't be able to do your product justice? Fear not! The BrightCarbon presentation experts are here to give you some great hints and tips to make sure your presentation goes without a hitch.
A Greener Office: 5 Things You Can Do to be Kinder to the EnvironmentBrightCarbon
Companies are often vocal about what they're doing to reduce their environmental impact, but what can we do as individuals? Here are five things you can do as an individual to be kinder to the environment.
Great Ways To Inspire Your Colleagues (and Yourself)BrightCarbon
We've all been there when inspiration is running dry, but nowadays most of us work in teams, so next time it happens to you, wouldn't it be nice to have your teammates come to your rescue! Here are five ways you can cultivate a more creative working environment.
Bitcoin price rallied in Q4 2015, increasing 82% to end the quarter at $430.05. Trading volume on exchanges also increased significantly, rising 424% compared to Q4 2014. However, the growth rate of quarterly VC investment in the bitcoin/blockchain sector slowed from 11% in Q3 2015 to 3% in Q4 2015, though it is unclear if this decline is sector-specific or due to the overall VC environment. Major developments in the quarter included the European Court of Justice ruling that bitcoin sales are not subject to VAT, and 42 major financial firms partnering with R3 to explore blockchain applications.
The document provides an introduction to Bitcoin, explaining what it is and how it works. Some key points:
- Bitcoin is a decentralized digital currency that uses cryptography to secure transactions. It is not tied to any central authority.
- Transactions are recorded on a public ledger called the blockchain. Bitcoin ownership is determined by private keys, not identities.
- New bitcoins are created through mining, where computers validate transactions by solving complex math problems. Miners are rewarded with new bitcoins.
- Over time, the supply of new bitcoins will approach 21 million as rewards for mining decrease and eventually end. Transaction fees will incentivize mining.
- Bitcoin can be exchanged for goods and services, though its legal status
Bitcoin is imagined as a currency for a board game with tradable assets where players need a mutually agreed upon way to track balances and facilitate trades. The document proposes modeling Bitcoin after a ledger recording each player's balance that is copied and shared among all players. When a trade occurs, the involved players update their ledger copies and signatures are used to prove consent. This concept is expanded to a digital system with cryptography that allows a decentralized global ledger to reliably track balances and facilitate trades between any number of users without middlemen.
The document provides an overview of key Bitcoin concepts and terms. It explains that Bitcoin is both a protocol and cryptocurrency created in 2009 to allow for trustless international payments without intermediaries. Transactions transfer ownership of units of the cryptocurrency (bitcoins) through a distributed public ledger called the blockchain, with ownership proved through public/private key cryptography. There will ultimately only ever be 21 million bitcoins created.
The Mars Climate Orbiter failed due to a metric-imperial unit conversion error. The spacecraft's software used metric units while ground teams entered data using imperial units, resulting in incorrect calculations that sent the orbiter too low into Mars' atmosphere, where it disintegrated. The failure was caused by human error in not ensuring consistent use of units across software and teams. It underscores the importance of strict protocols and training to prevent mistakes when using different measurement systems.
This document provides a general introduction to Bitcoin. It begins with an outline and background on Bitcoin's history and the concept. It then provides a technical overview explaining addresses and keys, transactions, the blockchain, and Bitcoin mining. An economic overview discusses Bitcoin's fixed money supply and the maximum number of bitcoins that will exist. The document aims to explain Bitcoin at both the micro level of individual transactions and the macro level of its global monetary policy functions.
The Mars Climate Orbiter failed due to a mismatch between the units used by Lockheed Martin to calculate thruster firings and the units expected by NASA for navigation. Lockheed Martin used English units (pounds, feet, inches) while NASA expected metric units. As a result, trajectory correction maneuvers put the orbiter in a lower orbit than intended, and it burned up in the Martian atmosphere upon arrival. An investigation found the root cause was a failure in NASA's engineering systems and processes to detect the mismatch in units between the teams.
This document summarizes several major blackouts that have occurred worldwide. It provides details on the number of people affected, location, duration and key causes and lessons learned from each event. Some of the major blackouts discussed include the Northeast Blackout of 1965 affecting 30 million people in the US and Canada for 12 hours due to human error. The Southern Brazil Blackout of 1999 left 97 million without power for 30 hours after a lightning strike caused protective systems to fail. The Northeast Blackout of 2003 was caused by inadequate grid monitoring and affected 55 million for 16 hours, highlighting the need for mandatory reliability standards.
This document discusses Bitcoin, a decentralized digital currency. It describes how Bitcoin works through peer-to-peer technology without a central authority. Key topics covered include how new Bitcoins are generated through mining, how to acquire and store Bitcoins using wallets, how transactions are processed and recorded on the blockchain, and some advantages and disadvantages of using Bitcoin.
This document summarizes 7 historical software bugs that had critical impacts: 1) The Y2K bug, 2) A 1980 bug that caused false reports of incoming US missiles from Russia, 3) An undetected hole in the ozone layer from 1978-1985, 4) Radiation therapy overdoses in 1985-1987 and 2000, 5) A 1996 bug that caused the European Ariane 5 rocket to veer off course, 6) Flight crashes of a Swedish fighter jet in 1993 and Scottish helicopter in 1994, and 7) A 1999 Mars orbiter crash caused by a bug during testing.
Bitcoin and blockchain technology allows for decentralized, permissionless, and censorship-resistant digital currency and payments. Bitcoins are created through a process called mining where miners validate transactions and are rewarded with new bitcoins approximately every 10 minutes. The fixed and predictable monetary policy means bitcoin supply is inelastic and decreases over time. Bitcoin has proven resilient despite events like the shutdown of Silk Road and Mt. Gox exchange hack.
This document provides an overview of Bitcoin including:
1. The history and creation of Bitcoin, how it works without a central authority, and how new bitcoins are created through mining.
2. How transactions work using private keys and the blockchain to record balances and verify transactions.
3. Methods for individuals and merchants to use Bitcoin, including obtaining, storing, and spending bitcoins as well as advantages like low fees and risks to consider.
4. Both advantages like payment freedom and security, and disadvantages like price volatility.
Bitcoin Challenges - The Dawn of Trustless ComputingMichele Mostarda
Bitcoin uses a decentralized peer-to-peer network and cryptographic proof instead of trust to allow users to transact directly without intermediaries. The network maintains a public distributed ledger called the blockchain that records all transactions. Consensus on the blockchain is reached through proof-of-work mining, where miners validate transactions and are rewarded with new bitcoins. Users can obtain, store, and spend bitcoins using wallets that control private keys to digitally sign transactions on the blockchain.
The document discusses Bitcoin and cryptocurrency. It provides an overview of key topics like Bitcoin mining, wallets, blockchain technology, and forensic artifact examination related to Bitcoin. It explains concepts such as public/private keys, blockchain, mining and how transactions are recorded on the distributed ledger to facilitate payments and transfer of ownership of Bitcoin.
CoinDesk reveals the key trends, challenges, and opportunities for bitcoin in Q3 2014.
Our State of Bitcoin Reports can be sponsored. Get in touch advertising@coindesk.com
Presentation Nightmares And How To Beat ThemBrightCarbon
Pre-presentation jitters? Not sure of the best way to rehearse your presentation? Worried that you won't be able to do your product justice? Fear not! The BrightCarbon presentation experts are here to give you some great hints and tips to make sure your presentation goes without a hitch.
A Greener Office: 5 Things You Can Do to be Kinder to the EnvironmentBrightCarbon
Companies are often vocal about what they're doing to reduce their environmental impact, but what can we do as individuals? Here are five things you can do as an individual to be kinder to the environment.
Great Ways To Inspire Your Colleagues (and Yourself)BrightCarbon
We've all been there when inspiration is running dry, but nowadays most of us work in teams, so next time it happens to you, wouldn't it be nice to have your teammates come to your rescue! Here are five ways you can cultivate a more creative working environment.
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Stock photography is commonly used but can look similar across presentations. This presentation was created using only an iPhone and PowerPoint to take unique city background photos. Effective techniques include taking photos on sunny days for drama, blurring detailed photos so content is clear, using the rule of thirds composition, and removing backgrounds from photos for interaction with drawn shapes.
More and more businesses are giving their employees the flexibility to work from wherever they want, but how does this affect the way we manage our staff? BrightCarbon's presentation experts have pulled together some of their expertise in managing remotely to give you some suggestions on how you bring your old management techniques into the 21st Century.
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Is it possible to keep staff morale and productivity high without spending a fortune? Take a leaf out of someone else's book and see what ideas and perks other companies are offering.
If you're an employee, why not take a look and see what you can petition your boss with at the next staff meeting...
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
9. Countries like the U.S and U.K
may not see as much value in Bitcoin.
Why use it?
10. But in areas where economic collapse is frequent…
…the utility is self explanatory.
(Source: usnews.com)
Argentina Venezuela Mexico
…and there is no trust in banks or credit card companies…
Why use it?
11. Some retailers like bitcoin …
… because it is cheaper than accepting credit or debit cards
Why use it?
12. and therefore require a
very high bitcoin minimum
50+
However some are nervous
about the volatility
OPEN
ENERAL STORE
50+
Why use it?
13. You can use almost any
currency to buy bitcoin.
The price will vary day to day
depending on popularity…
M Tu W Th F
… much like the stock market
How do you buy it?
$
€
£
¥
14. There are several physical bitcoin exchange centers
where you can buy bitcoins.
How do you buy it?
15. But it is much more popular to use online exchanges
How do you buy it?
16. But you should
be cautious !
!
Even the bitcoin website warns users about
frequent issues with fraud
How do you buy it?
17. You use bitcoin by downloading a
digital wallet to your mobile phone
How do you USE it?
18. Which you can scan at participating retailers
How do you USE it?
This gives you
a barcode…
GOODS
19. You simply enter the amount of bitcoin you
wish to send a person or business
How do you USE it?
Screenshot of bitcoin
pay/stylized version
STORE
20. STORE
If you’ve ever paid using ‘Square’,
it’s a similar concept
How do you USE it?
21. It’s actually a well thought out,
stable system.
It doesn’t appear it was thought up
and started all in one lunch date.
How does it actually work?
22. There are several different bit coin “mining” locations.
But its not the kind of mine you might think of…
How does it actually work?
23. A bitcoin mine is essentially
a large room filled with
highly powerful processors.
How does it actually work?
24. People who work at these “mines”
are called bitcoin Miners
They make sure you have enough
bitcoin to complete each
requested transaction
How does it actually work?
And yes, they mine the bitcoin
25. The way the mining process works is…
These servers generate really
complex math problems.
And miners solve them..
In order to
release bitcoins
How does it actually work?
26. Every time a bitcoin is
released the math equations
get more and more difficult..
..in order to keep bitcoin from
being mined too fast.
How does it actually work?
27. When bitcoin was first born, the creator(s) decided that only
21 million bitcoin would be released into currency
How does it actually work?
28. <
Limiting the number of bitcoin
makes the system more stable.
How does it actually work?
Compare this to a government
who can print more currency at
any time, if need be.
29. How does it actually work?
2009 21402015
21 Million
13 Million
0
Currently there are 13 million bitcoin in circulation.
It’s predicted that we won’t run out until 2140.
30. My question is, what happens after that?
Is it sustainable to manage with what we have?
How does it actually work?
2009 21402015
21 Million
13 Million
0
?
31. Or will the system collapse shortly after?
How does it actually work?
2009 21402015
21 Million
13 Million
0
32. it seems like just another
finite resource..
Kind of like oil…
..and the last thing we need is
dependency on another finite resource.
How does it actually work?
34. So basically if something goes wrong there is no one to be held accountable
Everyone just loses.
Is it safe?
SAD FACE
35. From that perspective it doesn’t seem very safe…
However some would argue that its more reliable
than some lesser developed economies.
Is it safe?
!*%!!
>
36. But from the hacker/coder perspective it
is a highly advanced system
Is it safe?
1001001011100101010101001001010100101010001101
0100111011100101010001001001010100111001010010
001001011010010101001001000100001011111100001
010101011001001010100100100010011100001010101
37. “It is a very safe, well thought out
system, that is always getting safer”
-CNN
Is it safe?
38. … but lawmakers aren’t
exactly happy about it …
Is it illegal?
ANGRY FACE
No…
39. ????
There is a big debate even amongst bit coin enthusiasts on
whether or not bitcoin should start being regulated…
Is it illegal?
……..
????
……..
40. On the one hand, the entire
purpose of bitcoin was to have
an unregulated currency …
But on the other side of the
argument, regulation would make
bitcoin safer and more secure.
Is it illegal?
41. This would also safeguard
bitcoin against scandals that
could tarnish its reputation…
…Such as the ‘ Silk Road ‘ scandal
Is it illegal?
42. ‘Silk Road’ was an online
marketplace where you could
basically buy anything black market.
From illegal drugs…
… to medical equipment
… to watches
… to fake IDs
And even foreign animals (All available for purchase only via bitcoin)
Is it illegal?
43. Since bitcoin isn’t regulated, it was difficult
for governments to track down..
..both the customers
Is it illegal?
..and the source
?
45. $
$
Think about paying
cash at a store…
There may be a record that
someone came in and exchanged
$2 cash for a cup of coffee,
But they don’t
necessarily have a
way of finding that
person again
Is it illegal?
$
STARCUPS ?
46. So while usually governments can track down these
illegal online operations via credit card statements …
Is it illegal?
STATEMENT
47. Is it illegal?
?
With bitcoin tracking people down becomes a lot trickier..
?
?
?
?
?
?
?
48. It’s like trying to prove that someone paid
cash to buy one specific item…
… months ago.… at a specific store
Is it illegal?
DECEMBER 2014
49. Bitcoin is an electronic
form of payment.
It isn’t regulated by
any government…
…which is good for some countries. …but investing in it can be risky
So to conclude..
$
50. If you want your presentation to look like this… Click here!
Elizabeth StodolskiDavid Talavera
Brought to you by:
Editor's Notes
Its also universal, in that it isn’t specific to any country or region and theoretically could be used from anywhere.
Its also universal, in that it isn’t specific to any country or region and theoretically could be used from anywhere.
Its also universal, in that it isn’t specific to any country or region and theoretically could be used from anywhere.
Its also universal, in that it isn’t specific to any country or region and theoretically could be used from anywhere.
Its also universal, in that it isn’t specific to any country or region and theoretically could be used from anywhere.
The idea behind bitcoin is to remove the middleman from exchanges. Person to person, rather than person, to bank, to person.
In addition to eliminating the middleman, bitcoin also eliminates the middleman’s fees. For example, when I transfer money with my checking account it costs me around $20 for each transfer. However with bitcoin making a transfer costs juts 6/10ths of a cent.
The idea behind bitcoin is to remove the middleman from exchanges. Person to person, rather than person, to bank, to person.
In addition to eliminating the middleman, bitcoin also eliminates the middleman’s fees. For example, when I transfer money with my checking account it costs me around $20 for each transfer. However with bitcoin making a transfer costs juts 6/10ths of a cent.
Countries like the US and the UK may not see as much value in this, but in areas where economic collapse are frequent and there is absolutely no trust in banks/credit card companies, the utility of bitcoin is self-explanatory.
Countries like the US and the UK may not see as much value in this, but in areas where economic collapse are frequent and there is absolutely no trust in banks/credit card companies, the utility of bitcoin is self-explanatory.
Some retailers really like bitcoin, because it’s cheaper for them than accepting credit cards or debit cards, especially with purchase fraud running ramped nowadays.
However some retailers are nervous about the volatility of it, and therefore have a very high minimum when accepting bitcoins.
Some retailers really like bitcoin, because it’s cheaper for them than accepting credit cards or debit cards, especially with purchase fraud running ramped nowadays.
However some retailers are nervous about the volatility of it, and therefore have a very high minimum when accepting bitcoins.
You can use any currency to buy bitcoin
The price will vary day to day based on how much its being used, kind of like the stock market.
There are several physical bitcoin exchange centers where you can bid on bitcoins
However it is much more popular to use an online exchange.
But you should be careful: even on the official bitcoin website, they advise users to obtain the real-world identity of their exchange operator. Since the exchanges aren’t regulated, its pretty easy for a dishonest service to continue operating.
You can use any currency to buy bitcoin
The price will vary day to day based on how much its being used, kind of like the stock market.
There are several physical bitcoin exchange centers where you can bid on bitcoins
However it is much more popular to use an online exchange.
But you should be careful: even on the official bitcoin website, they advise users to obtain the real-world identity of their exchange operator. Since the exchanges aren’t regulated, its pretty easy for a dishonest service to continue operating.
You can use any currency to buy bitcoin
The price will vary day to day based on how much its being used, kind of like the stock market.
There are several physical bitcoin exchange centers where you can bid on bitcoins
However it is much more popular to use an online exchange.
But you should be careful: even on the official bitcoin website, they advise users to obtain the real-world identity of their exchange operator. Since the exchanges aren’t regulated, its pretty easy for a dishonest service to continue operating.
You use bitcoin by downloading a digital wallet to your mobile phone. In order to pay someone using bitcoin you simply scan their bar code, and enter the amount of bitcoin you wish you send them. If you’ve used the square it’s a similar concept.
You use bitcoin by downloading a digital wallet to your mobile phone. In order to pay someone using bitcoin you simply scan their bar code, and enter the amount of bitcoin you wish you send them. If you’ve used the square it’s a similar concept.
You use bitcoin by downloading a digital wallet to your mobile phone. In order to pay someone using bitcoin you simply scan their bar code, and enter the amount of bitcoin you wish you send them. If you’ve used the square it’s a similar concept.
You use bitcoin by downloading a digital wallet to your mobile phone. In order to pay someone using bitcoin you simply scan their bar code, and enter the amount of bitcoin you wish you send them. If you’ve used the square it’s a similar concept.
Its actually a very well thought out, and stable system. It doesn’t appear that this was some idea that was thought of and started over a lunch date.
There are several different bitcoin “mining” locations, but its not mining in the sense that you might think.
A bitcoin mine is essential a large room filled with highly powerful processors. At the outset of bit coin, it was decided that only 21 million bitcoin would be released into currency. Compare this to a government who can print more currency whenever they like. The idea behind this is that the bitcoin system would be much more stable.
In order to maintain stability, the mining process was developed: basically what these processors in order to “mine” bitcoin is solve really complex math problems all day. Once a math problem is solved, bitcoin are released into circulation. In order to keep bitcoin from being mined to fast, each time a new bitcoin is released, the network of math problems gets more and more difficult.
Because of this stable system, there are currently only 13million bitcoin in circulation, and its projected that we won’t run out until 2140.
Another problem I see here is, assuming that the bitcoin lasts that long, what do we do after that? Is it sustainable to manage with what we have? Or will the system collapse shortly after? It seems to me that this becomes a finite resource, similar to oil, and the last thing we need is dependency on another finite resource.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
Its actually a very well thought out, and stable system. It doesn’t appear that this was some idea that was thought of and started over a lunch date.
There are several different bitcoin “mining” locations, but its not mining in the sense that you might think.
A bitcoin mine is essential a large room filled with highly powerful processors. At the outset of bit coin, it was decided that only 21 million bitcoin would be released into currency. Compare this to a government who can print more currency whenever they like. The idea behind this is that the bitcoin system would be much more stable.
In order to maintain stability, the mining process was developed: basically what these processors in order to “mine” bitcoin is solve really complex math problems all day. Once a math problem is solved, bitcoin are released into circulation. In order to keep bitcoin from being mined to fast, each time a new bitcoin is released, the network of math problems gets more and more difficult.
Because of this stable system, there are currently only 13million bitcoin in circulation, and its projected that we won’t run out until 2140.
Another problem I see here is, assuming that the bitcoin lasts that long, what do we do after that? Is it sustainable to manage with what we have? Or will the system collapse shortly after? It seems to me that this becomes a finite resource, similar to oil, and the last thing we need is dependency on another finite resource.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
At the outset of bit coin, it was decided that only 21 million bitcoin would be released into currency. Compare this to a government who can print more currency whenever they like. The idea behind this is that the bitcoin system would be much more stable.
In order to maintain stability, the mining process was developed: basically what these processors in order to “mine” bitcoin is solve really complex math problems all day. Once a math problem is solved, bitcoin are released into circulation. In order to keep bitcoin from being mined to fast, each time a new bitcoin is released, the network of math problems gets more and more difficult.
Because of this stable system, there are currently only 13million bitcoin in circulation, and its projected that we won’t run out until 2140.
Another problem I see here is, assuming that the bitcoin lasts that long, what do we do after that? Is it sustainable to manage with what we have? Or will the system collapse shortly after? It seems to me that this becomes a finite resource, similar to oil, and the last thing we need is dependency on another finite resource.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
In order to maintain stability, the mining process was developed: basically what these processors in order to “mine” bitcoin is solve really complex math problems all day. Once a math problem is solved, bitcoin are released into circulation. In order to keep bitcoin from being mined to fast, each time a new bitcoin is released, the network of math problems gets more and more difficult.
Because of this stable system, there are currently only 13million bitcoin in circulation, and its projected that we won’t run out until 2140.
Another problem I see here is, assuming that the bitcoin lasts that long, what do we do after that? Is it sustainable to manage with what we have? Or will the system collapse shortly after? It seems to me that this becomes a finite resource, similar to oil, and the last thing we need is dependency on another finite resource.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
Because of this stable system, there are currently only 13million bitcoin in circulation, and its projected that we won’t run out until 2140.
Another problem I see here is, assuming that the bitcoin lasts that long, what do we do after that? Is it sustainable to manage with what we have? Or will the system collapse shortly after? It seems to me that this becomes a finite resource, similar to oil, and the last thing we need is dependency on another finite resource.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
At the outset of bit coin, it was decided that only 21 million bitcoin would be released into currency. Compare this to a government who can print more currency whenever they like. The idea behind this is that the bitcoin system would be much more stable.
In order to maintain stability, the mining process was developed: basically what these processors in order to “mine” bitcoin is solve really complex math problems all day. Once a math problem is solved, bitcoin are released into circulation. In order to keep bitcoin from being mined to fast, each time a new bitcoin is released, the network of math problems gets more and more difficult.
Because of this stable system, there are currently only 13million bitcoin in circulation, and its projected that we won’t run out until 2140.
Another problem I see here is, assuming that the bitcoin lasts that long, what do we do after that? Is it sustainable to manage with what we have? Or will the system collapse shortly after? It seems to me that this becomes a finite resource, similar to oil, and the last thing we need is dependency on another finite resource.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
In order to maintain stability, the mining process was developed: basically what these processors in order to “mine” bitcoin is solve really complex math problems all day. Once a math problem is solved, bitcoin are released into circulation. In order to keep bitcoin from being mined to fast, each time a new bitcoin is released, the network of math problems gets more and more difficult.
Because of this stable system, there are currently only 13million bitcoin in circulation, and its projected that we won’t run out until 2140.
Another problem I see here is, assuming that the bitcoin lasts that long, what do we do after that? Is it sustainable to manage with what we have? Or will the system collapse shortly after? It seems to me that this becomes a finite resource, similar to oil, and the last thing we need is dependency on another finite resource.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
Another problem I see here is, assuming that the bitcoin lasts that long, what do we do after that? Is it sustainable to manage with what we have? Or will the system collapse shortly after? It seems to me that this becomes a finite resource, similar to oil, and the last thing we need is dependency on another finite resource.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
Another problem I see here is, assuming that the bitcoin lasts that long, what do we do after that? Is it sustainable to manage with what we have? Or will the system collapse shortly after? It seems to me that this becomes a finite resource, similar to oil, and the last thing we need is dependency on another finite resource.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
Another problem I see here is, assuming that the bitcoin lasts that long, what do we do after that? Is it sustainable to manage with what we have? Or will the system collapse shortly after? It seems to me that this becomes a finite resource, similar to oil, and the last thing we need is dependency on another finite resource.
People who work at these “mines” are called bitcoin miners. Their role is to maintain the processors and verify the bitcoin transactions. Basically, they make sure that you actually have enough bitcoin to complete each transaction you are trying to make. All of these transactions are now verified in a transparent public ledger that essentially anyone can have access to.
This is a tricky question
Is it regulated? No
Is it insured? No
So basically if something goes wrong then there is no one to be held accountable. Everyone just loses. So from that perspective it doesn’t seem very safe, however some will argue that it its more reliable and stable than some lesser developed economies.
However from the hacker/coder perspective it is a highly advanced system.
“it is a very safe, well thought out system, that is always getting safe”- CNN documentary (get name and exact quote)
So from that perspective it doesn’t seem very safe, however some will argue that it its more reliable and stable than some lesser developed economies.
However from the hacker/coder perspective it is a highly advanced system.
“it is a very safe, well thought out system, that is always getting safe”- CNN documentary (get name and exact quote)
So from that perspective it doesn’t seem very safe, however some will argue that it its more reliable and stable than some lesser developed economies.
However from the hacker/coder perspective it is a highly advanced system.
“it is a very safe, well thought out system, that is always getting safer”- CNN documentary (get name and exact quote)
So from that perspective it doesn’t seem very safe, however some will argue that it its more reliable and stable than some lesser developed economies.
However from the hacker/coder perspective it is a highly advanced system.
“it is a very safe, well thought out system, that is always getting safer”- CNN documentary (get name and exact quote)
No, but lawmakers aren’t necessarily happy about it. There is a constant debate, even amongst bit coin enthusiasts on whether or not bitcoin should start being regulated
On one side of the argument, the entire purpose of creating bitcoin was to have an unregulated currency
However on the other side of the argument, regulation would make bitcoin safer and more secure. This would also safeguard it against scandals that have tarnished it’s reputation in the past, such as the SilkRoad scandal:
Silkroad was an online marketplace where you could basically buy anything black market. From illegal drugs, to prescription drugs, to watches, to medical equipment, and even foreign animals. Eventually the creator of this was brought down, but he was able to continue operations for so long because he only accepted bitcoin on his website.
As mentioned in the how does it work section (link) all transactions are recorded in a public ledger, but the ledger only proves that a transaction occurred, not necessarily between whom. Think about paying cash in person: A store may have record that someone came in and exchanged $2 cash for a cup of coffee, but they don’t necessarily have any way of finding that person again. So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
No, but lawmakers aren’t necessarily happy about it. There is a constant debate, even amongst bit coin enthusiasts on whether or not bitcoin should start being regulated
On one side of the argument, the entire purpose of creating bitcoin was to have an unregulated currency
However on the other side of the argument, regulation would make bitcoin safer and more secure. This would also safeguard it against scandals that have tarnished it’s reputation in the past, such as the SilkRoad scandal:
Silkroad was an online marketplace where you could basically buy anything black market. From illegal drugs, to prescription drugs, to watches, to medical equipment, and even foreign animals. Eventually the creator of this was brought down, but he was able to continue operations for so long because he only accepted bitcoin on his website.
As mentioned in the how does it work section (link) all transactions are recorded in a public ledger, but the ledger only proves that a transaction occurred, not necessarily between whom. Think about paying cash in person: A store may have record that someone came in and exchanged $2 cash for a cup of coffee, but they don’t necessarily have any way of finding that person again. So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
On one side of the argument, the entire purpose of creating bitcoin was to have an unregulated currency
However on the other side of the argument, regulation would make bitcoin safer and more secure. This would also safeguard it against scandals that have tarnished it’s reputation in the past, such as the SilkRoad scandal:
Silkroad was an online marketplace where you could basically buy anything black market. From illegal drugs, to prescription drugs, to watches, to medical equipment, and even foreign animals. Eventually the creator of this was brought down, but he was able to continue operations for so long because he only accepted bitcoin on his website.
As mentioned in the how does it work section (link) all transactions are recorded in a public ledger, but the ledger only proves that a transaction occurred, not necessarily between whom. Think about paying cash in person: A store may have record that someone came in and exchanged $2 cash for a cup of coffee, but they don’t necessarily have any way of finding that person again. So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
This would also safeguard it against scandals that have tarnished it’s reputation in the past, such as the SilkRoad scandal:
Silkroad was an online marketplace where you could basically buy anything black market. From illegal drugs, to prescription drugs, to watches, to medical equipment, and even foreign animals. Eventually the creator of this was brought down, but he was able to continue operations for so long because he only accepted bitcoin on his website.
As mentioned in the how does it work section (link) all transactions are recorded in a public ledger, but the ledger only proves that a transaction occurred, not necessarily between whom. Think about paying cash in person: A store may have record that someone came in and exchanged $2 cash for a cup of coffee, but they don’t necessarily have any way of finding that person again. So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
This would also safeguard it against scandals that have tarnished it’s reputation in the past, such as the SilkRoad scandal:
Silkroad was an online marketplace where you could basically buy anything black market. From illegal drugs, to prescription drugs, to watches, to medical equipment, and even foreign animals. Eventually the creator of this was brought down, but he was able to continue operations for so long because he only accepted bitcoin on his website.
As mentioned in the how does it work section (link) all transactions are recorded in a public ledger, but the ledger only proves that a transaction occurred, not necessarily between whom. Think about paying cash in person: A store may have record that someone came in and exchanged $2 cash for a cup of coffee, but they don’t necessarily have any way of finding that person again. So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
This would also safeguard it against scandals that have tarnished it’s reputation in the past, such as the SilkRoad scandal:
Silkroad was an online marketplace where you could basically buy anything black market. From illegal drugs, to prescription drugs, to watches, to medical equipment, and even foreign animals. Eventually the creator of this was brought down, but he was able to continue operations for so long because he only accepted bitcoin on his website.
As mentioned in the how does it work section (link) all transactions are recorded in a public ledger, but the ledger only proves that a transaction occurred, not necessarily between whom. Think about paying cash in person: A store may have record that someone came in and exchanged $2 cash for a cup of coffee, but they don’t necessarily have any way of finding that person again. So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
Think about paying cash in person: A store may have record that someone came in and exchanged $2 cash for a cup of coffee, but they don’t necessarily have any way of finding that person again. So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
Think about paying cash in person: A store may have record that someone came in and exchanged $2 cash for a cup of coffee, but they don’t necessarily have any way of finding that person again. So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.
So while previously the government could track and shutdown illegal online operations by accessing credit card statements, with bitcoin tracking people down becomes a lot trickier. Its like trying to prove that you paid cash to buy a specific cup of coffee, from a specific store, months ago.