و لمن لا يعرف البيتكوين هى عبارة عن عملة وهمية (إفتراضية) مشفرة من تصميم شخص مجهول الهوية يعرف باسم “ساتوشي ناكاموتو“, و تشبه الى حد ما العملات المعروفة من الدولار و اليورو و غيرها من العملات، و لكنها تختلف فى أنها وهمية، أى تعاملاتها على الانترنت و ليس لها وجود مادى، و مشفرة، أى لا يمكن تتبع عمليات البيع و الشراء

1. ‫م‬‫ن‬‫يملك‬‫ال‬‫معرفة‬‫اليوم‬‫يملك‬‫االقتصاد‬‫ًا‬‫د‬‫غ‬
Who Has The Knowledge @ the Present Time,
The Has Economy Tomorrow
(Foreseeing The Future(:)
DR.MAHER EL-SAIFI
FREELANCE CONSULTANT
& TRAINER MANAGEMENT CONSULTING
& EFT - LIFE COACH @ VIP GROUP EXCELLENCE
E:mail : hq-qatar@outlook.sa
SUA /25866911 UK 2010
@ VIP GROUP EXCELLENCE
Prepared
by

2. 1
‫الصيفي‬ ‫ماهر‬ .‫د‬ ‫لـــ‬ ‫عمل‬ ‫ورقة‬
‫النمسا‬ ‫دافوس‬ ‫مؤتمر‬ ‫في‬ ‫مقدمة‬
‫خبراء‬ ‫لمنظمة‬ ‫2102التابع‬
‫ادج‬ ‫البزنس‬ ‫االقتصاد‬

3. 2
: ‫مقدمة‬
‫هناك‬‫قاعدة‬‫رئيسه‬‫فحواها‬(‫المعرفة‬=‫القوة‬=‫المال‬=‫اقتصاد‬!.. )
‫خخ‬‫خ‬‫س‬‫خخ‬‫خ‬‫بع‬‫خخين‬‫خ‬‫االقتص‬‫خخ‬‫خ‬‫م‬‫خخ‬‫خ‬ ‫آل‬‫خخ‬‫خ‬ ‫تغط‬‫ال‬ ‫خخد‬‫خ‬‫ال‬‫خخ‬‫خ‬‫بيل‬‫خخي‬‫خ‬‫م‬‫خخد‬‫خ‬‫بع‬‫خخ‬‫خ‬‫الح‬‫خخ‬‫خ‬ ‫العيلم‬‫خخ‬‫خ‬ ‫الثين‬
‫خخ‬‫خ‬‫ف‬‫خخين‬‫خ‬‫اقتص‬‫خخ‬‫خ‬ ‫إنكل‬‫خخ‬‫خ‬‫ق‬‫خخ‬‫خ‬‫ل‬‫أن‬‫خخ‬‫خ‬ ‫ذ‬‫خخيل‬‫خ‬‫الع‬‫نع‬ ‫أ‬‫خخي‬‫خ‬ً‫ف‬ ‫ف‬ ‫ت‬‫خخ‬‫خ‬‫للكلف‬‫خخق‬‫خ‬‫المش‬‫خخ‬‫خ‬‫ف‬‫خخد‬‫خ‬‫إح‬
‫خخخ‬‫خ‬‫ج‬‫خخخ‬‫خ‬‫المح‬‫خخخين‬‫خ‬‫اله‬‫خخخ‬‫خ‬‫ث‬‫خخخدث‬‫خ‬‫ح‬‫خخخ‬‫خ‬‫خخخ‬‫خ‬‫ض‬ ‫أ‬‫خخخ‬‫خ‬‫ابتلع‬‫خخخ‬‫خ‬ ‫الج‬‫خخخ‬‫خ‬‫ألمك‬‫خخخي‬‫خ‬‫مص‬‫خخخيل‬‫خ‬‫الع‬
‫خخخ‬‫خ‬ ‫طن‬ ‫ال‬‫أن‬‫خخخت‬‫خ‬‫تك‬‫خخخ‬‫خ‬‫الس‬‫أال‬‫خخخ‬‫خ‬‫فط‬‫خخخي‬‫خ‬‫الن‬‫ل‬ ‫خخخ‬‫خ‬‫ل‬‫خخخ‬‫خ‬‫ك‬‫خخخي‬‫خ‬‫م‬‫خخخد‬‫خ‬‫ح‬‫خخخ‬‫خ‬‫أن‬‫خخخ‬‫خ‬‫ال‬‫خخخ‬‫خ‬‫خ‬‫خخخ‬‫خ‬‫م‬
‫خخخخخخخخخخخخخخخخخخخد‬‫خ‬‫مص‬‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬‫إل‬‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬‫آخ‬‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬‫أص‬‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬‫ف‬‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬‫ذم‬‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬‫المح‬.
‫ك‬ ‫خخخ‬‫خخ‬‫خ‬‫أن‬‫خخ‬‫خ‬‫ف‬‫خخ‬‫خ‬ ‫حق‬‫خختعمي‬‫خ‬‫االس‬‫خخ‬‫خ‬‫نس‬ ‫الف‬‫خخ‬‫خ‬‫ف‬‫ي‬ ‫خخ‬‫خ‬‫س‬‫كينخخخ‬‫خخ‬‫خ‬ ‫الل‬‫خخ‬‫خ‬‫الس‬‫خخ‬‫خ‬‫تغط‬ً ‫كخخخيم‬
‫ب‬‫خخ‬‫خ‬‫يل‬‫خخد‬‫خ‬‫بع‬‫خخ‬‫خ‬‫فت‬‫خخ‬‫خ‬‫أخ‬‫ن‬ ‫خخ‬‫خ‬‫نس‬ ‫الف‬‫خخ‬‫خ‬‫ال‬‫ن‬ ‫خخ‬‫خ‬‫ص‬ ‫الم‬‫خخ‬‫خ‬ ‫لل‬‫خخ‬‫خ‬‫الس‬‫خخ‬‫خ‬‫م‬‫خخ‬‫خ‬‫ن‬ ‫ال‬‫خخ‬‫خ‬‫ك‬ ‫الم‬
‫خ‬‫خ‬‫الس‬‫خ‬‫خ‬‫ل‬‫خ‬‫خ‬‫عل‬‫خ‬‫خ‬ ‫كث‬‫خ‬‫خ‬‫م‬‫خي‬‫خ‬‫الن‬‫ل‬ ‫خ‬‫خ‬‫ب‬‫خي‬‫خ‬‫فم‬‫خ‬‫خ‬‫ال‬‫خد‬‫خ‬‫ح‬‫خ‬‫خ‬‫خي‬‫خ‬‫انه‬‫خ‬‫خ‬ ‫الل‬‫خد‬‫خ‬‫فق‬‫خي‬‫خ‬‫مته‬ ‫ق‬
‫خخ‬‫خ‬‫اجع‬ ‫ت‬‫خخ‬‫خ‬‫الثق‬‫خخ‬‫خ‬‫ف‬‫خخين‬‫خ‬‫االقتص‬‫ا‬ ‫خخ‬‫خ‬‫ك‬‫خخن‬‫خ‬‫التص‬‫خخد‬‫خ‬‫التص‬‫خخي‬‫خ‬ ‫غ‬‫خخ‬‫خ‬‫م‬‫ا‬ ‫خخ‬‫خ‬‫المؤش‬...‫خخ‬‫خ‬‫إل‬‫خخ‬‫خ‬‫لك‬
‫ال‬‫حد‬‫أن‬‫ل‬‫حد‬‫ش‬‫ء‬‫لل‬‫آلن‬‫الني‬‫ل‬‫تع‬‫بمي‬‫حد‬ً ‫أص‬.
‫تحيك‬‫ه‬‫القص‬‫ا‬‫االقتصين‬‫اإلنكل‬‫بشك‬‫ك‬.
‫مر‬‫النظام‬‫المالي‬‫العالمي‬‫بمراحل‬‫عديدة‬‫خالل‬‫الزمن‬‫من‬‫النقود‬‫الذهبية‬‫إلى‬‫قاعدة‬‫الذهب‬‫إلى‬
‫الدوالر‬‫الذهبي‬‫حتى‬‫تم‬‫تعويم‬‫العمالت‬‫في‬‫العام‬1970.....
‫النقود‬ ‫تطور‬ ‫مراحل‬
‫ةة‬‫ة‬‫العمل‬) )‫ةة‬‫ة‬‫(النق‬‫ةةع‬‫ة‬ ‫ب‬ ‫ةة‬‫ة‬‫ن‬ ‫ةةل‬‫ة‬‫ف‬ ‫ةةنل‬‫ة‬ ‫م‬ ‫ةة‬‫ة‬‫ن‬ ‫ةةي‬‫ة‬‫تن‬ ‫ةةي‬‫ة‬‫)ل‬ ‫م‬ ‫ةةك‬‫ة‬‫ال‬ ‫ةةي‬‫ة‬‫م‬ ‫ةةب‬‫ة‬‫ن‬ ‫ن‬ ‫ةةل‬‫ة‬‫ك‬ ‫الم‬ ‫ةةل‬‫ة‬‫ف‬
‫)وم‬ ‫الةةة‬ )‫اةةة‬ ‫مةةة‬ ‫تةةة‬ ‫ق‬ ‫ب‬ ‫ةةةللت‬ ) ‫نو‬ ‫ةةة‬ ‫م‬ ‫ب‬ ‫ياةةة‬ ‫)لنةةةي‬ ‫م‬ )‫النقةةة‬ ‫قةةة‬ ‫ال‬ ‫)فةةةل‬ ‫ف‬ ‫الصةةة‬
‫كلةة‬ ‫اةةل‬ ‫لي‬ ‫قلتاةة‬ )‫ة‬‫ة‬‫النق‬ ‫قةة‬ ‫لال‬ ‫)لةة‬ ‫ال‬ ‫ة)ي‬‫ة‬‫ق‬ ‫لي‬ ‫لةةو‬ ‫مق‬ ‫لنةة‬ ‫قلةةا‬ ‫عتةة‬ )‫ال‬ )‫النقةة‬ ‫ب‬ ‫فياةة‬
‫ف‬ ‫ةة‬‫ة‬‫العمل‬ ‫ةةع‬‫ة‬ ‫ةةا‬‫ة‬‫قل‬ ‫ي‬ ‫ةة‬‫ة‬ ‫لل‬ ‫م‬ ‫ةةك‬‫ة‬‫ل‬ ‫ل‬‫ةة‬‫ة‬‫نت‬ ‫ال‬ ‫ةة‬‫ة‬‫لمت‬ ‫الع‬ ‫م‬ ‫ةة‬‫ة‬ ‫ال‬ ‫ةة‬‫ة‬‫)لع‬ ‫مم‬ ‫ةةك‬‫ة‬‫ال‬ ‫ةة‬‫ة‬‫ق‬ ‫لق‬ ‫ةةمل‬‫ة‬ ‫ةة‬‫ة‬‫تم‬
‫ي‬ ‫ة‬‫ة‬‫ني‬ ‫ة‬‫ة‬‫م‬ ‫ق‬ ‫ل‬ ‫ة)ي‬‫ة‬‫ق‬ ‫لي‬ ‫ي‬ ‫ة‬‫ة‬‫دمن‬ ‫ل‬ ‫ة‬‫ة‬‫تع‬ ‫ةي‬‫ة‬‫)ل‬ ‫مم‬ ‫ةك‬‫ة‬‫ال‬ ‫ةي‬‫ة‬‫م‬ ‫ة‬‫ة‬ ‫ل‬ ‫م‬ ‫ةل‬‫ة‬ ‫م‬ ‫ة‬‫ة‬ ‫ال‬ ‫ةي‬‫ة‬‫م‬ ‫)و‬ ‫ة‬‫ة‬‫ال‬ ‫ةب‬‫ة‬‫ج‬ ‫خ‬
‫عتةة‬ ‫ا‬ ‫فةةل‬ ‫لل‬ ‫الةةك‬ ‫)ف‬ ‫لةة‬ ‫ل‬ ‫ةةما‬ ‫ت‬ ‫مةة‬ ‫فخةة‬ ‫مم‬ ‫الةةك‬)‫ةة‬ ‫ات‬ ‫ل‬‫ي‬‫)ز‬ )‫)ف‬ ‫ةة‬‫ة‬‫ال‬ ‫ب‬ ‫مةة‬ ‫اق‬ ‫ةةل‬ ‫ال‬
)‫ال‬ ‫ةةةي‬‫ة‬‫)لن‬ ‫م‬ ‫ةةة‬‫ة‬ ‫م‬ ‫)ل)زاي‬ ‫اب‬ ‫ةةة‬‫ة‬‫ل‬ ‫اق‬ ‫ةةةأ‬‫ة‬‫)ف‬ ‫ةةة‬‫ة‬‫جعت‬ ‫م‬ ‫ةةة‬‫ة‬‫نعمل‬‫ةةة‬‫ة‬‫ج‬ ‫لب‬ ‫ةةة‬‫ة‬ ‫ا‬ ‫ةةة‬‫ة‬ ‫الم‬ ‫ب‬ ‫ةةة‬‫ة‬‫فت‬
‫كةةةةخي‬ ‫)ال‬ ‫ف‬ ‫الصةةةة‬ ‫ةةةةع‬ ‫فةةةةل‬ ‫نو‬ ‫ةةةة‬ ‫الم‬ ‫ب‬ ‫)ياةةةة‬ ‫تةةةة‬ ‫الن‬ ‫منةةةة‬ ‫)العةةةةب‬ ‫)ف‬ ‫للةةةة‬ ‫لي‬ ‫العةةةة‬
‫ف‬ ‫المع‬
)‫الق‬
‫و‬ ‫)الم‬
‫ص‬ ‫إع‬
‫قتقل‬

4. 3
‫ةةةك‬‫ة‬‫لا‬ ‫ةةةو‬‫ة‬‫م‬ ‫ع‬ ‫ال‬ ‫ةةة‬‫ة‬‫ف‬ ‫ةةةي‬‫ة‬ ‫لي‬ ‫ةةةا‬‫ة‬‫إل‬ ‫ةةةمبف‬‫ة‬‫العم‬ ‫ةةةتي‬‫ة‬‫ع‬ ‫م‬ ‫ةةة‬‫ة‬ ‫)انخ‬‫ةةة‬‫ة‬‫عت‬ ‫اف‬‫ةةة‬‫ة‬‫نمت‬ ‫)و‬ ‫ةةةب‬‫ة‬‫الل‬ ‫م‬ ‫ةةة‬‫ة‬‫لع‬
‫ةة‬‫ة‬‫نلت‬‫ةةي‬‫ة‬‫م‬‫ا‬ ‫ةة‬‫ة‬‫ل‬ ‫ا‬ ‫ةة‬‫ة‬ ‫ل‬ ‫ةةب‬‫ة‬‫م‬ ‫فق‬ ‫ك‬ ‫ةةتن‬‫ة‬ ‫ةةت‬‫ة‬‫ص‬ ‫لي‬ ‫ب‬ ‫ةةع‬‫ة‬ ‫ف‬ ‫ةة‬‫ة‬ ‫الم‬ ‫ب‬ ‫ةة‬‫ة‬‫ال)فت‬ ‫ةةي‬‫ة‬‫م‬ ‫م‬ ‫ةةك‬‫ة‬‫ال‬
‫ةةةك‬‫ة‬‫ل‬ ‫ل‬ ‫)ف‬ ‫ةةة‬‫ة‬‫ال‬‫ف‬ ‫ةةة‬‫ة‬‫ق‬ ‫ةةة‬‫ة‬‫م‬ ‫ةةةلم‬‫ة‬ ‫ل‬ ‫ا‬ ‫ةةةتا‬‫ة‬ ‫م‬ ‫)ف‬ ‫ةةة‬‫ة‬‫ال‬ ‫ةةةو‬‫ة‬‫)ي‬ ‫م‬ ‫ةةة‬‫ة‬‫العمل‬ ‫ةةة)تي‬‫ة‬‫ع‬ ‫ةةة‬‫ة‬‫ل‬ ‫لب‬ ‫ةةة‬‫ة‬‫)ل‬ ‫م‬
(‫)ف‬ ) ‫ل‬ ‫ل‬)‫ف‬ ‫لمت‬ ‫الع‬ ‫ج‬ ‫)ال‬ ‫ص‬ ‫افع‬ ‫قلا‬ ‫)ك‬ ‫الم‬ ‫الم‬ ‫ب‬ ‫ال)فت‬ )‫)ع‬
‫ةة‬‫ة‬‫م‬ ‫ةة‬‫ة‬‫لل‬ ‫ةةي‬‫ة‬‫)لن‬ ‫ةة‬‫ة‬‫جعت‬ ‫م‬ ‫ةة‬‫ة‬‫قمل‬ ‫ةة‬‫ة‬‫م‬ ‫فق‬ ‫ةة‬‫ة‬‫ت‬ ‫ن‬ ‫ع‬ ‫ةةت‬‫ة‬ ‫ل‬ ‫ةةب‬‫ة‬‫ل‬ ‫)ج‬ ‫قم‬ ‫ةة‬‫ة‬‫لمص‬ ‫لي‬ ‫ةة‬‫ة‬‫الع‬ ‫)و‬ ‫ب‬ ‫ةة‬‫ة‬‫م‬
‫ا‬ ‫)و‬ ‫الةةة‬ ‫ةةةزاو‬ ‫ف‬ ‫ادي‬ ‫ةةةا‬ ) ‫ةةةوم‬ ‫ال‬ ‫)اجةةة‬ ‫نةةةب‬ ‫ن‬‫قلةةةا‬ ‫ةةة‬ ‫اف‬ ‫ةةةلتو‬ ‫فةةةل‬ ‫مةةة‬ ‫ج‬ ‫ج‬ ‫لنلةةة‬
‫ةة‬‫ة‬‫م‬ ‫ةة‬‫ة‬‫لل‬ ‫ةةي‬‫ة‬‫)لن‬ ‫ةةا‬‫ة‬‫لعك‬ ‫ةة‬‫ة‬‫م‬ ‫ةةمب‬‫ة‬‫العم‬ ‫ف‬ ‫ةة‬‫ة‬‫ص‬ ‫ةةع‬‫ة‬ ‫ل‬ ‫ا‬ ‫ق‬ ‫ةة‬‫ة‬ ‫ف‬ ‫ةةع‬‫ة‬ ‫ل‬ ‫ةة‬‫ة‬‫ل)ك‬ ‫ةة‬‫ة‬‫معتن‬ ‫ةةت‬‫ة‬‫ص‬
‫بف‬ ‫ن‬ ‫ان‬ ‫ت‬ ‫الم‬ ‫ك‬ ‫)اج‬
‫فةةل‬ ‫ة‬‫ة‬‫كل‬ ‫مةةي‬ ‫ت‬ ‫ةة‬ ‫ةةل‬ ‫ال‬ ‫ة‬‫ة‬‫ا‬ ‫قمل‬ ‫عتمةة‬ ‫م‬ ‫ةة‬ ‫فنخ‬ ‫ةتي‬‫ة‬‫الص‬ ‫ةي‬‫ة‬‫م‬ )‫ةةن‬ ‫ة‬‫ة‬‫م‬ ‫ا‬ ‫ةة‬ ‫الم‬ ‫ب‬ ‫ة‬‫ة‬‫ل)فت‬ ‫ف‬
‫ةة‬ ‫ف‬ ‫ن‬ ‫متةةز‬ ‫ةةم‬ ‫ن‬ ) ‫ة‬‫ة‬ ‫نل‬ ‫لعةةو‬ ‫ا‬ ‫ا‬ ‫ة‬‫ة‬‫ص‬ ‫عتمةة‬ ‫جعةةو‬‫ع‬ ‫)تقةة‬ ‫م‬ ‫لمتةة‬ ‫الع‬ ‫ب‬ ‫ة‬‫ة‬‫ج‬ ‫المن‬ ‫عل‬ ‫لةة‬ ‫ةي‬‫ة‬‫ق‬ ‫ت‬
‫اللعمف‬ ‫لعكا‬ ‫م‬ ‫ج‬ ‫األخ‬ ‫العممب‬ ‫عل‬ ‫ل‬ ‫لتي‬ ‫كل‬ ‫قلا‬
‫ةةةزي‬‫ة‬‫ل‬ ‫ةةةل‬‫ة‬ ‫ال‬ ‫ةةة‬‫ة‬‫جعت‬ ‫الم‬ ‫ةةة‬‫ة‬‫العمل‬ ‫ةةةل‬‫ة‬‫معك‬ ‫م‬ ‫ةةةل‬‫ة‬‫المعك‬ ‫ةةةك‬‫ة‬‫لا‬ ‫ةةةو‬‫ة‬ ‫ف‬ ‫ةةة‬‫ة‬ ‫ان‬ ‫ي‬ ‫ةةة‬‫ة‬‫ت‬ ‫ةةةي‬‫ة‬‫ل‬ ‫ادي‬ ‫ةةةا‬‫ة‬ )
‫ةة‬‫ة‬ ‫)ا‬ ‫ةة‬‫ة‬ ) ‫ةةو‬‫ة‬‫ن‬ ‫ةةو‬‫ة‬‫ل‬ ‫مق‬ ‫ةة‬‫ة‬‫لن‬ ‫ةة‬‫ة‬‫لزم‬ ‫ةةل‬‫ة‬ ‫ال‬ ‫ع‬ ‫ةة‬‫ة‬ ‫ةة‬‫ة‬‫م‬ ‫نت‬ )‫ةة‬‫ة‬‫النق‬ ‫ةة‬‫ة‬‫تال‬ ‫ةةعف‬‫ة‬‫ل‬ ‫ةةزأ‬‫ة‬‫ن‬ ‫الم‬1--‫ةةي‬‫ة‬‫م‬
‫تج‬ ‫ا‬ ‫ق‬ ‫لال‬ ‫تق)ي‬ ‫قمل‬‫ف‬ ‫لق‬ ‫م‬ ‫لك‬ ‫ن‬ ‫جعت‬ ‫م‬ ‫قمل‬ ‫للا‬ ‫مق‬ ‫تن)ي‬ ‫لي‬ ‫م‬
‫نظام‬ ‫بإنشاء‬ ‫ترغب‬ ‫أنها‬ ‫صرحت‬ ‫األمريكي‬ ‫القومي‬ ‫األمن‬ ‫وكالة‬‫الرقمية‬ ‫للعمالت‬ ‫مالي‬
‫مةةةي‬ ‫نةةة‬ ‫لةةةو‬ ‫المق‬ ‫ف‬ ‫الاةةة‬ ‫قلةةةا‬ ‫)لنةةةي‬ ‫مم‬ ‫الةةةك‬ ‫ي‬ ‫ةة‬‫ة‬‫ني‬ )‫لعةةة‬ ‫تتي‬ ‫صةةة‬ ‫اع‬ ‫أ‬ ‫تنةةة‬ ‫مةةة‬ ‫ا‬ ‫ةة‬‫ة‬‫ت‬ ‫ن‬
‫تق)و‬:
‫ققلل‬ ‫للة‬‫ل‬‫ا‬ ‫لل‬‫ل‬‫ق‬ ‫لل‬‫ل‬‫لاألق‬ ‫للزهف‬‫ل‬‫ل‬ ‫للد‬‫ل‬ ‫د‬ ‫هللو‬‫؟‬ً ‫لل‬‫ل‬‫ل‬ ‫زل‬ ‫للف‬‫ل‬‫قه‬‫لل‬‫ل‬ ‫د‬ ‫للو‬‫ل‬‫و‬ ‫عل‬ ‫للو‬‫ل‬‫حص‬
‫لحد‬ ‫هز‬ ‫عقد‬ ‫لددلة‬ ‫ثردة‬ ‫زمر‬ ‫ه‬ ‫اق‬ ‫هو‬ ‫لزهف‬ ‫زلك‬!
‫ر‬ ‫قر‬ ‫لل‬‫ل‬ ‫للر‬‫ل‬ ‫ل‬ ‫للر‬‫ل‬ ‫ز‬ ‫للدرة‬‫ل‬‫ص‬ ‫للعر‬‫ل‬‫أل‬ ‫للر‬‫ل‬‫ألا‬ ‫ل‬ ‫للل‬‫ل‬‫ع‬ ‫للر‬‫ل‬‫ت‬ ‫ل‬ ‫للو‬‫ل‬‫لوق‬ ‫للل‬‫ل‬ ‫د‬ ‫للو‬‫ل‬‫ه‬
‫لومالت‬ ‫عل‬‫؟‬.
‫ةةو‬‫ة‬‫جع‬ ‫ةة‬‫ة‬‫الجمت‬ ‫م‬ ‫م‬ ‫ةة‬‫ة‬‫ل‬ ‫ةةل‬‫ة‬‫ص‬ ‫ل‬ ‫لي‬ ‫ةة‬‫ة‬‫الع‬ ‫ةةل‬‫ة‬‫ف‬ ‫ةة‬‫ة‬ ‫)ان‬ ‫ةة‬‫ة‬‫قنت‬ ‫)ال‬ ‫ق‬ ‫ةةن‬‫ة‬‫)الص‬ ‫ةة‬‫ة‬‫نن)ل)جت‬ ‫ال‬ )‫ةة‬‫ة‬‫ا‬
‫ق‬ ‫ةة‬‫ة‬‫م‬ ‫ع‬ ‫ةة‬‫ة‬‫جعت‬ ‫م‬ ‫ةة‬‫ة‬‫لعمل‬ ‫ةة‬‫ة‬‫فن‬ ‫لأ‬‫ةةي‬‫ة‬‫م‬ ‫ةةلع‬‫ة‬ ‫م‬ ‫ةة‬‫ة‬‫ج‬ ‫لي‬ ‫ةة‬‫ة‬‫لع‬ ‫ف‬ ‫م‬ ‫ةة‬‫ة‬‫نن)ل)جت‬ ‫ال‬ ‫ةةا‬‫ة‬‫قل‬ ‫ةة‬‫ة‬‫م‬ ‫ع‬ ‫لي‬ ‫ةة‬‫ة‬‫لتا‬
‫ب‬ ‫عةة‬ ‫اللا‬ ‫ةةو‬ ‫م‬ ‫ةةكا‬‫نتةة‬ ‫م‬ ‫اف‬‫قةة)ي‬ ) ‫)اللتةة‬ ‫اع‬ ‫ةة‬ ‫)ال‬ ‫م‬ ‫ةة‬ ‫)ال‬ ‫ا‬ ‫دتةة‬ ‫ل‬ ‫ةةخد‬ ‫لل‬ ‫ةةم‬ ‫ةةل‬ ‫ال‬
‫ةةة‬‫ة‬‫اللن‬ ‫ةةة)ي‬‫ة‬‫تق‬ ‫ةةةلم‬‫ة‬‫)ن‬ ‫إلن‬ )‫ةةة‬‫ة‬‫لن‬ )‫ةةةز‬‫ة‬‫م‬ ‫ةةة‬‫ة‬‫ع‬ ‫لا‬ ‫ةةةمو‬‫ة‬‫خ‬ ‫ةةةي‬‫ة‬‫م‬ ‫لي‬ ‫ةةة‬‫ة‬‫الع‬ ‫ةةة)و‬‫ة‬ ‫ةةة‬‫ة‬‫قملت‬ ‫ةةةعأ‬‫ة‬‫ل‬)‫ةةةز‬‫ة‬‫الم‬
‫ةة‬‫ة‬‫معق‬ ‫ةةنو‬‫ة‬ ‫ل‬ ‫ةة‬‫ة‬‫قنت‬ ‫ال‬ ‫ةةا‬‫ة‬‫قل‬ ‫ةة‬‫ة‬‫م‬ ‫ع‬ ‫فت‬ ‫ةة‬‫ة‬‫مص‬ ‫ةة‬‫ة‬‫لعملت‬ ‫ةة‬‫ة‬‫ع‬ ‫لللا‬)‫ل‬ ‫ل‬ ‫ةة‬‫ة‬‫تزت‬ ‫ال‬ ‫ةةو‬‫ة‬‫م‬ ‫ع‬ ‫لل‬ ‫ةة‬‫ة‬‫ج‬ ‫ال‬ ‫)ي‬
‫أف‬ ‫الم‬
‫زل؟‬ ‫للأللة‬‫ل‬‫لمت‬ ‫للت‬‫ل‬‫حل‬ ‫للو‬‫ل‬‫ه‬‫ةة‬‫ة‬‫الع‬‫ةةل‬‫ة‬‫فا‬ ‫ةة‬‫ة‬‫جعت‬ ‫م‬ ‫ةة‬‫ة‬‫قمل‬ ‫ةةب‬‫ة‬ ‫لت‬ ‫ةة‬‫ة‬‫)نت‬ ‫ادلن‬ ‫ةة‬‫ة‬‫ع‬ ‫للا‬ ‫ف‬ ‫ةة‬‫ة‬‫لع‬ ‫ةةتع‬‫ة‬‫ل‬
‫ةةةزاب‬‫ة‬‫مت‬ ‫إلةةةا‬ ‫ف‬ ‫دكةةة‬ ‫ل‬ ‫لي‬ ‫العةةة‬ ‫ةةة)و‬‫ة‬ ‫لاةةة‬ ‫ةةة‬ ‫)ال‬ )‫النقةةة‬ ‫ةةةو‬‫ة‬‫م‬ ‫ل‬ ‫ةةةاتو‬ ‫قملتةةة‬ ‫قةةةي‬ ‫قلةةة‬
‫جف‬ ‫لخ‬ ‫لفن‬ ‫ال)عب‬ ‫م‬ ‫جنل‬ ‫فل‬ ‫مو‬ ‫ع‬ ‫اللا‬ )‫ا‬ ‫)لني‬ ‫جم‬ ‫لخ‬

5. 4
‫ظهور‬‫األفق‬ ‫في‬ ‫حل‬ ‫بوادر‬
‫فةةل‬‫ق‬‫ـــــةةـ‬2009‫ــةةـ‬‫ةة‬‫ة‬‫ت‬ ‫ن‬ ‫الل‬ ‫ةة‬ ‫األ‬ ‫ةة)م‬ ‫ال‬ ‫لي‬ ‫قةة‬ ‫ي‬ ‫ةة‬‫ة‬‫ع‬ ‫ي‬‫لتةةب‬‫ةةمتب‬‫ة‬ ‫قملةة‬ ‫ةةتع‬ ‫ع‬ ‫ل‬
( ‫ــــــــ‬‫ل‬‫ألدا‬‫ل‬‫دنجلتزت‬ ‫ل‬Bitcoin)‫لصألـ‬ )‫عتما‬‫تنا‬
$2‫ـــــ‬‫العمل‬ ‫قي‬ ‫تث‬ ‫ال‬ ‫)علو‬ ‫تيم‬ ‫)ف‬‫ت‬ ‫الج‬:-
‫للل‬‫ل‬‫لمالح‬(‫لللعل‬‫ل‬‫ع‬ ‫لللا‬‫ل‬‫دل‬ ‫لللدف‬‫ل‬ ‫حع‬ ‫لللعلو‬‫ل‬‫ع‬ ‫لللهع‬‫ل‬ ‫مؤ‬ ‫زل‬‫لللعق‬‫ل‬‫لث‬ ‫للل‬‫ل‬‫ق‬ ‫لللع‬‫ل‬ً‫ص‬‫قع‬ ‫ق‬ ‫لللا‬‫ل‬‫دل‬ ‫لللعد‬‫ل‬‫ص‬ ‫و‬
‫لحاعة‬ ‫مقعح‬ ‫ألو‬ ‫ق‬ ‫اع‬ ‫ألقدلد‬ ‫ل‬ ‫زهماة‬ ‫عل‬ ‫أألاد‬ ‫لل‬ ‫دلألل‬‫عمعو‬ ‫د‬.)
‫للدو‬‫ل‬‫ح‬ ‫ل‬ ‫ر‬ ‫للر‬‫ل‬ ‫دز‬ ‫ا‬ ‫للع‬‫ل‬ ‫م‬ ‫للك‬‫ل‬‫ل‬ ‫ام‬ ‫للدو‬‫ل‬‫لا‬ ‫للة‬‫ل‬‫ققا‬ ‫ل‬ ‫للعلو‬‫ل‬‫ع‬ ‫للك‬‫ل‬‫ل‬ ‫ام‬ ‫للل‬‫ل‬‫دم‬‫لل‬‫ل‬‫ق‬ ‫رة‬ ‫للد‬‫ل‬‫لص‬ ‫د‬‫للد‬‫ل‬ ‫للـ‬‫ل‬‫لـ‬‫م‬
‫)دي‬‫ةةة‬‫ة‬‫ل‬ ‫اق‬‫ةةةي‬‫ة‬‫م‬ ‫ةةة‬‫ة‬‫ت‬ ‫الن‬‫ةةةتي‬‫ة‬‫لل‬ ‫الم‬‫لتتي‬ ‫ةةة‬‫ة‬‫الم‬‫لي‬‫)ف‬ ‫ةةة‬‫ة‬‫ال‬‫ةةة‬‫ة‬‫تن‬ ‫األم‬‫ل‬$‫المات‬ ‫ةةة‬‫ة‬‫العمل‬ )‫ةةة‬‫ة‬‫ةةة‬‫ة‬‫من‬
‫لي‬ ‫ةة‬‫ة‬‫الع‬ ‫ةةا‬‫ة‬‫قل‬‫ةة‬‫ة‬‫)ع‬‫ةة‬‫ة‬ ‫ت‬ ‫نا‬ ‫ةةب‬‫ة‬‫ل‬ ‫اع‬‫ةة‬‫ة‬‫)ت)اج‬‫ب‬ ‫ةة‬‫ة‬‫مخك‬‫ةةو‬‫ة‬‫ل‬ ‫المق‬ ‫ف‬ ‫ةة‬‫ة‬‫الا‬ ‫ةةل‬‫ة‬ ‫ف‬ ‫م‬ ‫ةةت‬‫ة‬ ‫ق‬‫م‬‫ب‬ ‫ةة‬‫ة‬‫ال)فت‬
‫ق‬ ‫ةةن‬‫ة‬‫ص‬ ‫ةة‬‫ة‬‫ل‬ ‫م‬ ‫ةةل‬‫ة‬ ‫ال‬ ‫لي‬ ‫ةة‬‫ة‬‫الع‬ ‫ةةل‬‫ة‬‫ف‬ ‫)و‬ ‫ةة‬‫ة‬‫ال‬ ‫ةةي‬‫ة‬‫لقي‬ ‫ج‬ ‫ةة‬‫ة‬ ‫إ‬ ‫ةةل‬‫ة‬ ‫ةة‬‫ة‬ ‫الم‬‫ال‬‫ةة‬‫ة‬‫نن)ل)جت‬)‫ةة‬‫ة‬‫مل‬‫ةة‬‫ة‬‫قنت‬
) ‫م‬ ‫الم‬ ‫ا‬ ‫)ادل‬ )‫ا‬ ‫ل‬ ‫ل‬ ‫متز‬ ‫ا‬ ‫ج‬ )‫ا‬ ‫م‬‫لو‬ ‫لمق‬ ‫ل‬‫ص‬‫ف‬ ‫لجم‬ ‫لي‬ ‫للع‬
‫ال‬ ‫ب‬ ‫ةة‬‫ة‬‫ال)فت‬ ‫ةةب‬‫ة‬‫م‬ ‫ع‬ ‫ةة‬‫ة‬‫فنم‬) ‫)ف‬ ‫ةة‬‫ة‬‫ال‬ ‫ةةي‬‫ة‬ ‫ةةي‬‫ة‬‫)م‬ ‫م‬ ‫ةةك‬‫ة‬‫ال‬ ‫ةةمو‬‫ة‬‫خ‬ ‫ةةي‬‫ة‬‫م‬ ‫ةة‬‫ة‬‫لاتمن‬ ‫ل‬ ‫لق‬ ‫ةة‬‫ة‬ ‫ةة‬‫ة‬ ‫م‬‫ةة‬‫ة‬ ‫الل‬)
‫)ف‬‫ةة‬‫ة‬‫لع‬ ‫ةة‬‫ة‬‫فتم‬ ‫ةةتمي‬‫ة‬‫ا‬ ‫ةة‬‫ة‬‫ع‬‫ةةا‬‫ة‬‫قل‬‫ةةي‬‫ة‬‫األم‬ ‫ةة‬‫ة‬‫ل‬ ‫ل)ن‬ ‫ل‬ ‫ةة‬‫ة‬ ‫ةة‬‫ة‬‫ت‬ ‫ق‬ ‫ةةل‬‫ة‬ ‫ف‬ ‫م‬ ‫ةة‬‫ة‬‫عمت‬ ‫ال‬ ‫ةةمب‬‫ة‬‫العم‬ ‫ي‬ ‫ةة‬‫ة‬‫ني‬
‫لي‬ ‫ةة‬‫ة‬‫الع‬ ‫ةةتق)و‬‫ة‬ ‫م‬ ‫ةة‬‫ة‬‫عمت‬ ‫ال‬ ‫ةةمب‬‫ة‬‫للعم‬ ‫ي‬ ‫ةة‬‫ة‬‫ني‬ ‫ع‬ ‫ةة‬‫ة‬ ‫إن‬ ‫ةةل‬‫ة‬‫ف‬ ‫ةة‬‫ة‬‫ا‬ ‫ل‬ ‫ل‬ ‫ةة‬‫ة‬‫فت‬ ‫ب‬ ‫ةة‬‫ة‬‫ص‬ ‫ةةل‬‫ة‬‫تن‬ ‫األم‬ ‫ةة)مل‬‫ة‬‫الق‬
‫ةة‬ ‫ةة‬ ‫الم‬ ‫ب‬ ‫ال)فتةة‬ ‫)لي‬ ‫مةةوام‬ ‫لناةة‬ ‫اةة‬ ‫)ع‬‫لي‬ ‫ةة)ج‬‫ة‬ ‫ليم‬ ‫العةة‬ ‫نةةي‬ ‫ت‬ ‫الةةكأ‬ ‫األنلةة‬ ‫ي‬ ‫ةةتا‬ ‫ال‬ ‫ل‬
‫مف‬ ‫ف‬ ‫ا‬ ‫)ادل‬ ‫العلي‬ ‫فل‬ ‫تنمي‬ ‫ال‬) ‫ف‬ ‫المع‬ ( ‫فففففف‬
‫ةةة‬‫ة‬‫ت‬ ‫ن‬ ‫ةةة‬‫ة‬‫م‬ ‫ع‬ ‫ةةة‬‫ة‬‫ل‬ ‫ةةةا‬‫ة‬‫قل‬ )‫قةةة‬‫ةةةب‬‫ة‬‫لت‬‫ةةة‬‫ة‬‫)قمل‬Bitcoin‫ل‬ ‫م‬ ‫ةةةا‬‫ة‬ ‫ل‬ ‫ةةةل‬‫ة‬ ‫ال‬‫ةةةب‬‫ة‬‫لت‬‫نو‬ ‫ةةة‬‫ة‬ ‫م‬
‫ةة‬‫ة‬‫لمت‬ ‫الع‬ ‫ةةمب‬‫ة‬‫العم‬‫م‬ ‫ةة‬‫ة‬‫تنا‬‫ةة‬‫ة‬‫خ‬ ‫ةةا‬‫ة‬‫إل‬ ‫)از‬ ‫)ي‬ ‫ةة‬‫ة‬‫ل‬ ‫ةة‬‫ة‬‫ق‬ ‫)ال‬ ‫ةةكم‬‫ة‬‫كل‬ ) ‫ةةخي‬‫ة‬‫ك‬ ‫ةةي‬‫ة‬‫م‬ ‫ةة‬‫ة‬‫)اجا‬ ‫ةة‬‫ة‬‫مم‬
‫نو‬ ‫ة‬‫ة‬ ‫م‬‫ق‬ ‫ةن‬‫ة‬‫ص‬‫ال)اعةة‬ ‫ةل‬‫ة‬‫ف‬ ‫لاةة‬ )‫)جةة‬ ‫)ف‬ ‫ة‬‫ة‬ )‫ملم‬ ‫تةة‬ ) ‫ةت‬‫ة‬‫اك‬ ‫اف‬ ‫ة‬‫ة‬‫قمل‬ ‫ةو‬‫ة‬‫لعم‬ ‫ي‬ ‫فقةة‬ ‫م‬ )‫ة‬‫ة‬‫النق‬
‫ةةة‬‫ة‬‫ن)م‬ ‫)ف‬ ‫ةةةزأ‬‫ة‬‫ن‬ ‫الم‬ ‫ةةة‬‫ة‬‫تص‬ ‫ف‬ ‫ةةة‬‫ة‬ ‫ل‬ ‫ةةة‬‫ة‬‫قنت‬ ‫ب‬ ‫ةةة‬‫ة‬‫قملت‬ )‫ةةة‬‫ة‬ ‫ةةة‬‫ة‬‫لتا‬ ‫تع‬ ‫ةةة‬‫ة‬‫م‬ ‫ةةةو‬‫ة‬‫)ن‬ ‫ل‬ ‫ةةة‬‫ة‬‫تزت‬ ‫ال‬
‫ةة‬‫ة‬ ‫مو‬ ‫م‬ ‫ةة‬‫ة‬‫لن‬ (‫ةةتا‬‫ة‬ ) )‫ةة‬‫ة‬‫)ج‬ ‫)ي‬ ‫متي‬ ‫خ‬ ‫ةة‬‫ة‬ ‫الم‬ ‫ةةتي‬‫ة‬‫ل‬ ‫ةة‬‫ة‬‫لن‬ ‫ا‬ ‫ةة‬‫ة‬‫ن‬ ‫ل‬ ‫ةة‬‫ة‬‫ن‬ ‫ال‬ ‫ةةو‬‫ة‬‫م‬ ‫ع‬ ‫ال‬ ‫ةةا‬‫ة‬‫قل‬ ‫ةة‬‫ة‬‫م‬ ‫ع‬ )

6. 5
‫ب‬ ‫ةةة‬‫ة‬‫قملت‬ ‫ةةة‬‫ة‬‫ل‬ ‫ةةةي‬‫ة‬‫تمن‬ ‫ف‬ ‫ةةة‬‫ة‬‫فكن‬ ‫ةةةكا‬‫ة‬‫ل‬ )‫ففف‬ ‫ةةة‬‫ة‬‫لت‬ ‫م‬‫ةةة‬‫ة‬‫ف‬ ‫مع‬ ‫ةةةا‬‫ة‬ )‫ل‬ ‫ةةة‬‫ة‬‫لا‬ ‫ي‬ ‫ةةة‬‫ة‬ ‫ةةةل‬‫ة‬ ‫ال‬ ‫اع‬ ‫ةةة‬‫ة‬ ‫)ال‬ ‫ةةة‬‫ة‬‫اللت‬
‫ف‬ ‫نلت‬ ‫نو‬ ‫ل‬ ‫)م‬ ‫نب‬ ‫ادن‬ ‫تأ‬ ‫ا‬ ‫قي‬ ‫أ‬ ‫ج‬ ‫ا‬ ‫مم‬ ‫ع‬ ‫فنو‬ ‫العممب‬ ‫م‬ ‫ص‬
‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬‫ل‬Bitcoin‫لل‬‫ل‬ ‫لد‬ ‫لل‬‫ل‬‫ق‬ ‫للع‬‫ل‬‫له‬ ‫للدد‬‫ل‬ ‫د‬ ‫د‬ ‫للة‬‫ل‬ ‫ملمد‬ ‫للر‬‫ل‬‫ا‬ ‫للاة‬‫ل‬‫ر‬ ‫ر‬ ‫ق‬ ‫للة‬‫ل‬‫عمل‬ ‫لل‬‫ل‬‫ه‬
‫الللع‬ ‫ا‬ ‫ل‬‫لللا‬‫ل‬ ‫قلللد‬ ً‫د‬‫قللل‬ ‫لثقلللع‬ ‫وعملللو‬ ‫ل‬ ‫للل‬‫ل‬‫عل‬ ‫ملللد‬ ‫و‬ ‫د‬ ‫حألدملللة‬ ‫د‬ ‫لمرألللل‬ ‫اصلللدرهع‬‫ل‬
‫ا‬ ‫د‬ ‫دد‬ ‫د‬ ‫ددل‬ ‫دمال‬ ‫لم‬!....
.‫هع‬ ‫عص‬ ‫صرل‬ ‫ور‬ ‫لك‬ ‫م‬ ‫دادة‬ ‫ل‬ ‫لوملة‬ ‫د‬
‫اة‬ ‫د‬ ‫ل‬ ‫ق‬2009‫ألعل‬2‫ر‬ ‫دد‬
‫لادو‬ ‫د‬2012‫مل‬ ‫حدة‬ ‫د‬ ‫دحدة‬ ‫ألو‬ ‫و‬ ‫مقع‬‫ل‬‫ألدال‬ ‫ت‬Bitcoin
‫و‬ ‫اقع‬571.‫ر‬ ‫دد‬
‫ةة)ف‬‫ة‬ ‫ةةكأ‬‫ة‬‫ال‬‫ةة‬‫ة‬‫ل‬ ‫ةةز‬‫ة‬‫مت‬ )‫ةة‬‫ة‬‫العمل‬ ‫ةةك‬‫ة‬‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬‫ل‬Bitcoin‫ةةتا‬‫ة‬ )‫ال‬ )‫ةة‬‫ة‬‫)ج‬ ‫ي‬ ‫ةة‬‫ة‬‫ق‬ )‫ةة‬‫ة‬
‫ةةمو‬‫ة‬‫خ‬ ‫مةةي‬ ‫ةةو‬‫ة‬‫م‬ ‫ع‬ ‫ال‬ ‫ةة‬‫ة‬‫فعن‬ ‫وم‬ ‫المةة‬ ‫ةةي‬‫ة‬‫م‬ ‫ةةل‬ ‫ن‬ ‫ةةي‬‫ة‬‫تخص‬ ‫الةةكأ‬‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬Bitcoin‫ةة‬‫ة‬‫العمل‬ ‫؛‬
)‫نةة‬ ‫خةةمو‬ ‫مةةي‬ ‫لمةة‬ ‫ا‬ ‫لكصةة‬ ‫قةة)ي‬ ‫تةةث‬ ‫ل‬ ‫م‬ ‫ةة‬‫)نت‬ ‫إلن‬ ‫العملةة‬ )‫نةة‬ )‫ةة‬ ‫قةةو‬ ‫ان‬ ‫الةةكأ‬ ‫قةةو‬ ‫ن‬ ‫لةةي‬
‫ةة‬‫ة‬‫ن‬ ) ‫م‬ ‫ةة‬‫ة‬‫خ‬ ‫ةةخد‬‫ة‬ )‫ةة‬‫ة‬‫ن‬ ‫ةةا‬‫ة‬‫إل‬ ‫ةة‬‫ة‬‫)نت‬ ‫ادلن‬ ‫ةة‬‫ة‬‫لت‬ ‫الم‬ ‫ةة‬‫ة‬‫ي‬ ‫الم‬ ‫ةةل‬‫ة‬‫ف‬ ‫ةة‬‫ة‬‫لم)ال‬ ‫ةةي‬‫ة‬‫م‬ ‫ةةزع‬‫ة‬‫ج‬ ‫ةةو‬‫ة‬‫تنق‬ ‫لي‬
‫المالق‬ ‫ت‬ ‫ال‬ ‫مو‬ ‫ق‬ ‫ز‬ ‫تل‬‫ف‬ )‫النق‬ ‫قلا‬ ‫ب‬ ‫ن)م‬ ‫)ال‬ )‫اللن‬ ‫تا‬ ‫مي‬ ‫قلو‬ ‫ل‬ ‫ال‬
‫ةة‬‫ة‬‫لت‬ ‫الم‬ ‫ةة‬‫ة‬ ‫قمل‬ ‫ةة‬‫ة‬‫م‬ ‫ةةو‬‫ة‬‫م‬ ‫ع‬ ‫ةة‬‫ة‬‫نم‬ ‫ةة‬‫ة‬‫لا‬ ‫ةةو‬‫ة‬‫م‬ ‫ع‬ ‫لي‬ ‫ةة‬‫ة‬‫تمنن‬ ‫ةة‬‫ة‬‫لن‬ ‫ةةل‬‫ة‬‫فا‬ ‫ةةي‬‫ة‬ ‫)األ‬ ‫ز‬ ‫ةة‬‫ة‬‫األل‬ ‫ةة‬‫ة‬‫النقا‬ ‫ةة‬‫ة‬‫لم‬
‫تةةة‬ ‫نق‬ ‫ةةة‬ ‫ت‬ ‫)ي‬ ‫)لةةة‬ ‫ةةة‬‫ة‬‫قلتا‬ ‫نةةةزأ‬ ‫الم‬ ‫اللنةةة‬ ‫ةةةتا‬ ‫)ي‬ ‫ةةة‬‫ة‬‫ل‬ ‫المةةة‬ ‫ةةةك‬ ‫)لنةةةي‬‫اعا‬ ‫ةةة‬‫ة‬‫)إج‬‫ب‬
‫ةة‬‫ة‬‫اللن‬‫ةةزأ‬‫ة‬‫ن‬ ‫الم‬‫ةة‬‫ة‬‫المعق‬)‫ةة‬‫ة‬ )‫ال‬‫ةة‬‫ة‬‫للع‬ )‫ةة‬‫ة‬‫تع‬ ‫ةةلم‬‫ة‬ ‫)ال‬ ‫م‬ ‫ةةع‬‫ة‬ ‫لل‬ ‫ةة‬‫ة‬ ‫)ا‬ ‫ةةخي‬‫ة‬‫ك‬ ) ‫اع‬ )‫ةة‬‫ة‬
‫ةةة‬‫ة‬ ‫إن‬ ‫ي‬ ‫ةةة‬‫ة‬‫لت‬ ‫ةةة‬‫ة‬‫خا‬ ‫ةةة‬‫ة‬‫ل)ك‬ ‫ةةةا‬‫ة‬ ‫مو‬ ‫ةةة‬‫ة‬‫قم‬ ‫ةةةث‬‫ة‬‫ت‬ ) ‫ةةة‬‫ة‬ ‫الم‬21‫ةةة‬‫ة‬‫قمل‬ ‫ةةة)ي‬‫ة‬‫ملت‬‫ل‬‫لللدال‬‫ل‬‫أل‬ ‫لللت‬‫ل‬
Bitcoin‫ي‬ ‫ةةة‬‫ة‬‫الع‬ ‫ةةة)و‬‫ة‬‫ل‬ ‫ل‬0142-2015) ‫ةةة‬‫ة‬ ‫فم‬‫ت‬‫ف)ي‬ ‫ةةة‬‫ة‬‫الم‬ ‫م‬ ‫ةةةك‬‫ة‬‫ال‬ ‫ةةةز‬‫ة‬‫مت‬ ‫ةةة‬‫ة‬‫عاتا‬ ‫ا‬
‫ةةة‬‫ة‬‫جا‬ ‫ب‬ ‫ةةة‬‫ة‬‫ن)م‬ ‫ال‬ ‫ةةةكو‬‫ة‬‫ل‬ ‫ةةةكأ‬‫ة‬‫)ال‬ ‫م‬ ‫األ‬ ‫ةةةب‬‫ة‬‫ةةةلت‬‫ة‬ ) ‫ةةةا‬‫ة‬‫)ص‬ ‫اج‬ ‫خ‬ ‫ةةة‬‫ة‬ ‫ف‬ ‫ةةةنت‬‫ة‬‫مك‬ )‫ةةة‬‫ة‬‫ال‬
‫لي‬ ‫ةةةةتي‬‫ة‬ ‫ةةةةل‬‫ة‬‫ف‬ ‫ةةةة‬‫ة‬‫المص‬ ‫ةةةة‬‫ة‬‫ا‬ ‫قمم‬ ‫ةةةةو‬‫ة‬‫ل‬ ‫مق‬ ‫ةةةة‬‫ة‬‫ل‬ ‫ي‬ ‫ةةةة‬‫ة‬ ‫ل‬‫ل‬‫للللدال‬‫ل‬‫أل‬ ‫للللت‬‫ل‬Bitcoin‫ةةةة)ي‬‫ة‬‫ق‬

7. 6
‫ةةة‬‫ة‬‫العمل‬ ‫ادي‬ ‫ةةةا‬ ) ‫تيف‬ ‫عةةة‬ ‫ل‬ ‫ل‬ ‫ةةةلتا‬‫ة‬ ‫قنتةةة‬ ‫ب‬ ‫قملتةةة‬ ‫خةةةمو‬ ‫ةةةي‬‫ة‬‫م‬ ‫ةةة)م‬ ‫ال‬ ‫مةةةي‬ ‫اج‬ ‫خ‬ ‫ةةة‬ ‫ل‬
‫ف‬ ‫لا‬ ‫)و‬ ‫ال‬ ‫نو‬ ‫اف‬ ‫اق‬ ‫ي‬ ‫ق‬ ‫لم‬ ‫ل‬ ‫ع‬ ‫ال‬ ‫فل‬ ‫ق‬ ‫ا‬ ‫ا‬ ‫لكا‬ ‫ق‬ ‫م‬ ‫ت‬
‫خةةةمو‬ ‫مةةةي‬ ‫ال)عةةةب‬ ) ‫مةةة‬ ‫مةةة‬ ‫ا‬ ‫ةةة‬ ‫ان‬ ‫ةةةا‬ ‫لناةةة‬ ‫ةةة‬‫قلم‬‫)و‬ ‫الةةة‬ ‫لعةةةم‬ ‫علةةةو‬ ‫مةةةي‬ ‫ةةة‬ ‫م‬ ‫اق‬
‫ف‬ ‫لا‬ ‫مو‬ ‫ع‬ ‫ال‬ ‫أ‬ ‫)ت‬ ‫فك‬ ‫ن‬ ‫ل‬ ‫)اق‬ ‫ب‬ ‫ن‬ ‫)ال‬
‫آلل؟‬ ‫لمتأللة‬ ‫حلت‬ ‫قهو‬
)‫ةة‬‫ة‬‫يا‬ ‫ةةي‬‫ة‬‫)لن‬ ‫ةة‬‫ة‬‫م‬ ‫م‬ ‫ةةتع‬‫ة‬‫ل‬‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬‫ل‬Bitcoin‫ف‬ ‫ةةوم‬‫ة‬ ‫ال‬ )‫ةة‬‫ة‬‫يا‬ ‫ب‬ ‫ةة‬‫ة‬‫ص‬ ‫لك‬ ‫ةةل‬‫ة‬ ‫ل‬‫م‬‫ةة‬‫ة‬‫م‬ ‫ج‬
‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬‫ل‬Bitcoin‫ع‬ ‫ةة‬‫ة‬ ‫ل‬ ‫ب‬ ‫ل‬ ‫ةةمع‬‫ة‬‫العم‬ ‫ب‬ ‫ةة‬‫ة‬‫منص‬ ‫ةةا‬‫ة‬‫قل‬ )‫ةةا‬‫ة‬ ‫اع‬ ‫ةة‬‫ة‬‫ج‬ ‫تي‬ ‫ةةز‬‫ة‬‫لا‬ ‫م‬ ‫ةة‬‫ة‬‫ع‬
‫ي‬ ‫ةةة‬ )‫ن‬‫ةةة‬ ‫ال‬‫م‬ ‫اب‬‫ةةةزاو‬ ‫ف‬ ‫ةةةل‬ ‫ال‬ ‫ج‬ ‫األخةةة‬ ‫نو‬ ‫ةةة‬ ‫الم‬ ‫قةةةي‬ ‫فكةةةم‬ ‫ف‬ ‫اخلا‬ ‫لةةة‬ ‫ةةةل‬ ‫ال‬ ‫)لمةةة)الاي‬
‫ةةو‬‫ة‬ ‫ال‬ ‫ةة‬‫ة‬‫ي‬ ‫ن‬‫م‬‫ةةي‬‫ة‬‫العل‬ ‫ي‬ ‫ةة‬‫ة‬‫ق‬ ‫ةة‬‫ة‬‫م‬ ‫ةةي‬‫ة‬‫)لن‬‫تث‬ ‫ةة‬‫ة‬ ‫ال‬‫تع‬ ‫ةة‬‫ة‬ ‫ال‬ ‫ةة‬‫ة‬‫نن)ل)جت‬ ‫)ال‬‫ةةم‬‫ة‬‫ل‬ ‫ةة)و‬‫ة‬‫ل‬ ‫ةة‬‫ة‬‫لا‬ ‫)ج‬ ‫ةة‬‫ة‬
‫خو‬ ‫ةة‬‫ة‬ ‫ةة‬‫ة‬‫قن‬ ‫يف‬ ‫ةة‬‫ة‬‫الني‬ ‫ةةكا‬‫ة‬‫لا‬ ‫ةةو‬‫ة‬‫م‬ ‫ع‬ ‫ال‬ ‫ةةل‬‫ة‬‫ف‬ ‫ةة‬‫ة‬‫ا‬ ‫ل‬ ‫ةة‬‫ة‬‫م‬ ‫ةة‬‫ة‬‫ن)م‬ ‫ب‬ ‫ةة‬‫ة‬‫لل‬ ‫إكا‬ ‫ةة‬‫ة‬‫خص)ص‬ ‫ةة‬‫ة‬ ‫ةةا‬‫ة‬‫ن‬ ‫ل‬
) ) ‫ل)و‬ ‫لخلأ‬ ‫تتي‬ ‫ص‬ ‫افع‬ ‫ل‬ ‫مخ‬ ‫إلا‬‫ف‬ ‫كل‬ ‫ت‬ ‫)إلا‬ ‫ما‬ ‫ني‬ ‫ع‬
‫ةة‬‫ة‬‫منص‬ ‫ةة‬‫ة‬‫لا‬ ‫ةةب‬‫ة‬‫ك‬ ‫ع‬ ‫ةةل‬‫ة‬ ‫ال‬ ‫ةة‬‫ة‬‫األخت‬ ‫ةة‬‫ة‬‫ال)اعع‬ ‫ةةل‬‫ة‬ ‫ف‬‫ةةتنع‬‫ة‬‫تن‬ ‫ل‬-)‫ل‬ ‫ةة‬‫ة‬‫عمت‬ ‫ال‬ ‫ةةمب‬‫ة‬‫العم‬ ‫و‬ ‫ةة‬‫ة‬‫ل‬ ‫ل‬‫ل‬‫للت‬‫ل‬
‫أللللدال‬Bitcoin‫ةةة‬‫ة‬‫ن)ن‬ ‫)نةةة‬ ‫ةةةل‬‫ة‬‫ف‬-‫ةةةمب‬‫ة‬‫قم‬ ‫ةةةي‬‫ة‬‫م‬ ‫كةةةخم‬ ‫ةةة‬‫ة‬ ‫ملل‬ ‫)لةةةب‬ ‫ا‬ )‫ةةةا‬‫ة‬ ‫لعملتةةة‬
‫ل‬‫أللللللدال‬ ‫لللللت‬Bitcoin‫ةةةةة)الل‬ ‫ل‬ ‫اةةةةة‬ ‫عتم‬ ‫ب‬ ‫عةةةةة‬72‫تةةةةة‬ ‫ق‬ ‫ةةةةةم‬ ‫)ل‬ ‫)ف‬ ‫ملتةةةةة)ي‬
‫ب‬ ‫ةة‬ ‫ن‬ ‫ز‬ ‫ةة‬ ‫)ت‬ ‫ل‬‫مةةي‬ ‫م‬ ‫تقةة‬ ‫مةة‬ ‫قلةةا‬ ‫)ل)ا‬ ‫ةة‬ ‫ا‬ ‫اصةةن‬ ‫الق‬ ‫لي‬ ‫فتةة‬120‫قملةة‬ ‫مةةي‬ ‫عاعةة‬‫ل‬‫للت‬
‫للدال‬‫ل‬‫أل‬Bitcoin‫لي‬ ‫ةة‬‫ة‬‫قلم‬ ‫ف‬ ‫ةة‬‫ة‬‫عمت‬ ‫ال‬‫ةةتنع‬‫ة‬‫تن‬ ‫ل‬‫ةةمب‬‫ة‬‫العم‬ ‫و‬ ‫ةة‬‫ة‬‫ل‬ ‫ل‬ ‫ا)و‬ ‫ةة‬‫ة‬ ‫ةة‬‫ة‬‫منص‬ ‫ةة‬‫ة‬‫لنل‬ ‫ةة‬‫ة‬‫ع‬
‫لنلةةةة‬ ‫قلةةةةا‬ ‫ةةةة)أ‬ ) ‫)ف‬ ‫)الةةةة‬ ‫عمتةةةة‬ ‫ال‬‫كاب‬ ‫عمتةةةة‬ ‫منصةةةة‬‫ةةةةت)ل‬‫تةةةة‬ ‫نق‬‫مةةةةي‬‫قملةةةة‬
‫ف‬ ‫)ف‬ ‫ال‬
‫والديناميكية‬ ‫العمل‬ ‫الية‬‫بالتع‬ ‫المتبعة‬‫امل‬‫الـــ‬ ‫بفكرة‬‫ال‬‫كوين‬ ‫بت‬BITCOIN
"‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬‫ل‬Bitcoin‫ةةو‬‫ة‬ ‫م‬ ‫ج‬ ‫ةة‬‫ة‬‫األخ‬ ‫لعممب‬ ‫ةة‬‫ة‬‫ل‬ ‫ةة‬‫ة‬‫ا‬ ‫ن‬ ‫مق‬ ‫ةةي‬‫ة‬‫تمن‬ ‫ةة‬‫ة‬‫)نت‬ ‫إلن‬ ‫ةة‬‫ة‬‫قمل‬ ‫ةةل‬‫ة‬
‫ةة‬‫ة‬‫قمل‬ ‫ةةل‬‫ة‬ ‫ةة‬‫ة‬‫العمل‬ ‫ةةك‬‫ة‬ ‫لي‬ ‫ةة‬‫ة‬ ‫ز‬ ‫لل‬ ‫ةةي‬‫ة‬‫م‬ ‫م‬ ‫ةةت‬‫ة‬ ‫ل‬ ‫ةة)ا‬‫ة‬‫ف‬ ‫ةة‬‫ة‬‫ق‬ ‫ةة‬‫ة‬‫م‬ ‫ةةي‬‫ة‬‫لن‬ ‫)م‬ )‫ةة‬‫ة‬‫الت‬ )‫ل‬ ‫)ف‬ ‫ةة‬‫ة‬‫ال‬
‫ةة‬‫ة‬‫لا‬ ‫ل‬ ‫ةة‬‫ة‬‫فتزت‬ )‫ةة‬‫ة‬‫)ج‬ ‫)ي‬ ‫ةةي‬‫ة‬‫م‬ ‫ةةا‬‫ة‬‫فق‬ ‫ةةب‬‫ة‬‫ن‬ ‫ادن‬ ‫ةة‬‫ة‬‫قل‬ ‫ا)و‬ ‫ةة‬‫ة‬ ‫ةةو‬‫ة‬‫م‬ ‫ن‬ ‫ةةنو‬‫ة‬ ‫ل‬ ‫ةة‬‫ة‬‫)نت‬ ‫إلن‬‫ةة‬‫ة‬‫لنا‬ ‫ةة‬‫ة‬‫نم‬ ‫م‬
‫ةةي‬‫ة‬‫تمن‬ ‫ةةي‬‫ة‬‫لن‬ ‫م‬ ‫ةة‬‫ة‬‫ا‬ ‫خل‬ ‫ةةف‬‫ة‬‫ق‬ ‫ةة‬‫ة‬‫نزت‬ ‫م‬ ‫ةة‬‫ة‬‫نيتمت‬ ‫ةة‬‫ة‬ ‫ت‬ )‫ةة‬‫ة‬‫)ج‬ ‫ي‬ ‫ةة‬‫ة‬‫لع‬ ‫ةة‬‫ة‬‫ت‬ ‫قلت‬ ‫ال‬ ‫ةةمب‬‫ة‬‫العم‬ ‫ةةي‬‫ة‬‫ق‬ ‫ةةف‬‫ة‬‫ل‬ ‫خ‬
‫العمةةةةمب‬ ‫إلةةةةا‬ ‫)تلاةةةة‬ ‫ةةةةا‬ )‫ل‬ ‫نةةةةب‬ ‫ادن‬ ‫قلةةةة‬ ‫اع‬ ‫ةةةة‬ ‫لل‬ ‫ج‬ ‫لخةةةة‬ ‫قملةةةة‬ ‫نةةةةعأ‬ ‫اما‬ ‫خ‬ ‫ةةةة‬ ‫ا‬
‫ت‬ ‫قلت‬ ‫ال‬.
‫إلةةةا‬ ‫تةةة‬ ‫ج‬ ‫متةةةز‬ ‫ف‬ ‫لكةةة‬ ‫عةةة‬ ) ‫)تةةة‬ ‫ةةةو‬ ) ‫ل‬ ‫ن‬ ‫ةةة‬ ‫لةةةعي‬ ‫ع‬ ‫األنلةةة‬ ‫فب‬ ‫)نةةة‬ ‫لمةةةع‬ ‫نةةة‬ ‫لع‬ ‫)ا‬
‫ةةة‬‫ة‬‫الم‬ ‫تام‬ ‫م‬ ‫ةةة‬‫ة‬‫خ‬‫ةةةا‬‫ة‬‫قل‬ ‫ةةةم‬‫ة‬‫افا‬ ‫متي‬ ‫خ‬ ‫ةةة‬‫ة‬ ‫للم‬ ‫ةةةت‬‫ة‬ ‫نع‬ ‫ةةة‬‫ة‬‫فتن‬ ) ‫ةةة‬‫ة‬‫ت‬ ) ‫نع‬ ‫ةةة‬‫ة‬‫فتن‬ ‫ةةةو‬‫ة‬ ) ‫تي‬ ‫لت‬
‫عمت‬ ‫ال‬ ‫العمل‬ ‫عتم‬
‫ل‬‫ألدال‬ ‫ت‬Bitcoin‫لمت‬ ‫الع‬ ‫العممب‬ ‫عل‬ ‫ل‬ ‫لو‬ ‫مق‬.
‫قملةةة‬ ‫لي‬ ‫مةةةي‬ ‫ي‬ ‫الةةة‬ ‫قلةةةا‬ ‫لنةةة‬ ‫الةةةلعم‬ ‫ج‬ ‫)تةةة‬‫ل‬‫أللللدال‬ ‫لللت‬Bitcoin‫تةةة‬ ‫م‬ ‫ةةةزاو‬ ‫ف‬
)‫الخاةةة‬ ‫ةةةك‬ ‫خةةةمو‬ ‫مةةةي‬ ‫اي‬ ‫ةةةت‬ ) ‫)تةةة‬ ‫ةةةو‬ ) ‫فةةةكي‬ ‫وم‬ ‫للجةةة‬‫إلةةةا‬ ‫تقامةةة‬ ‫ا‬ ‫فةةةل‬ ‫تةةة‬ ‫الج‬
‫)فب‬ ) ‫تن‬ ‫م‬ ‫ن‬ ‫و‬ ‫لام‬ ‫لا‬ ‫اف‬ ‫افق‬.

8. 7
‫ةة‬‫ة‬ ) ‫تن‬ ‫م‬ ‫ةةب‬‫ة‬‫ن‬ ‫)ن‬‫ةةب‬‫ة‬‫لقلن‬ ‫)فب‬‫ةة‬‫ة‬‫لا‬ ‫ل‬ ‫ةة‬‫ة‬ ‫ال‬ ‫ةةث‬‫ة‬ ‫الل‬ ‫ةة‬‫ة‬ ‫م‬ ‫ةةا‬‫ة‬‫إل‬ ‫ةة‬‫ة‬‫ت‬ ‫ج‬ ‫ةةز‬‫ة‬‫مت‬ ‫ف‬ ‫ةة‬‫ة‬‫إك‬‫ةة‬‫ة‬‫لنتن‬
‫ةة‬‫ة‬‫قمل‬ ‫ةة‬‫ة‬‫عتم‬ ‫ةةي‬‫ة‬‫ق‬ ‫عمي‬ ‫ةة‬‫ة‬ ‫اف‬ ‫متي‬ ‫خ‬ ‫ةة‬‫ة‬ ‫للم‬ ‫ةةةت‬‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬‫ل‬Bitcoin)‫ةةة‬ ‫لن‬ ‫ةة‬‫ة‬‫ن‬ ‫مق‬50
‫ل‬ ‫عتم‬ ‫قي‬ ‫عمي‬ ‫اف‬ )‫ل‬ ‫م‬ ‫لمت‬ ‫ق‬ ‫قمل‬‫عمت‬ ‫ال‬ ‫لعمل‬ ‫ل‬ ‫ن‬ ‫مق‬ ‫العممب‬.
‫ةةة‬‫ة‬‫قمل‬ ‫ةةة‬‫ة‬‫م‬ ‫إ‬ ‫ةةةعي‬‫ة‬ ‫ل‬ ‫ةةةا‬‫ة‬‫خا‬ ‫تا‬ ‫ةةة‬‫ة‬‫ل‬ ‫ةةةتع‬‫ة‬‫ل‬ ‫ةةة‬‫ة‬‫إن‬ ‫ةةةو‬‫ة‬ ) ‫ن‬ ‫ةةة‬‫ة‬ ‫ةةةب‬‫ة‬‫ل‬ ‫ع‬ ‫لي‬ ‫ةةةلأ‬‫ة‬ )‫ل‬‫لللدال‬‫ل‬‫أل‬ ‫لللت‬‫ل‬
Bitcoin‫ةة‬‫ة‬‫لنا‬ ‫ةةا‬‫ة‬‫إل‬ ‫ةةت‬‫ة‬ ‫ةة‬‫ة‬‫األخت‬ )‫ةة‬‫ة‬‫الخا‬ ‫ةةي‬‫ة‬‫)لن‬ ‫م‬ ‫ةةب‬‫ة‬‫)ال‬ ‫ةة‬‫ة‬‫لا‬ ‫ل‬ ‫ةة‬‫ة‬ ‫ال‬ ‫ف‬ ‫ةة‬‫ة‬‫ال‬ ‫ي‬ ‫ةة‬‫ة‬‫ني‬ ‫ةةل‬‫ة‬‫ف‬
‫لا‬ ‫اف‬ ‫افق‬ ) ‫ن‬ ‫تقا‬ ‫ا‬ ‫فل‬.
‫لب‬ ‫ةة‬‫ة‬‫)ل‬‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬‫ل‬Bitcoin‫ي‬ ‫ةة‬‫ة‬‫ق‬ ‫ةةل‬‫ة‬‫ف‬ ‫ةة‬‫ة‬‫ت‬ ‫فن‬ ‫ةة‬‫ة‬‫ل‬ ‫ج‬ ‫ن‬0092‫ةة‬‫ة‬ ‫ن‬ ‫ةةث‬‫ة‬‫ت‬ ‫م‬‫م‬ ‫ةة‬‫ة‬‫ن‬ ‫نل‬
‫لل‬ ‫ةةة‬‫ة‬‫م‬‫)ف‬ ‫ةةة‬‫ة‬‫مع‬ ‫ةةة‬‫ة‬‫ت‬‫ةةةتو‬‫ة‬‫ص‬ ‫ال‬‫ةةةي‬‫ة‬‫م‬ ‫ةةة‬‫ة‬‫ت‬ ‫الن‬ ‫ةةةو‬‫ة‬ ‫ةةةت‬‫ة‬‫اك‬ ‫اف‬ ‫ةةة‬‫ة‬‫قمل‬ ‫ةةة‬‫ة‬‫فتا‬ ‫م‬ ‫ةةة‬‫ة‬ ‫اع‬ ‫ةةة‬‫ة‬‫ع‬ )
‫ةةي‬‫ة‬‫م‬ ‫ةة‬‫ة‬‫األنل‬ ‫ةةزع‬‫ة‬‫الج‬ ‫ةةو‬‫ة‬ ‫م‬ ) ‫ةةام‬‫ة‬‫فق‬ ‫ةةب‬‫ة‬‫ن‬ ‫ادن‬ ‫ةةلن‬‫ة‬ ‫ةةا‬‫ة‬‫قل‬ )‫ةة‬‫ة‬‫م)ج‬ ‫ةة‬‫ة‬‫لعمل‬ ‫ةةتا‬‫ة‬ ‫ةةل‬‫ة‬ ‫ال‬ ‫نو‬ ‫ةة‬‫ة‬ ‫الم‬
‫ا‬ ‫ةة‬‫ة‬‫دص‬ ‫ةةزأ‬‫ة‬‫ن‬ ‫م‬ ‫ف‬ ‫ةة‬‫ة‬‫مص‬ ‫ةةا‬‫ة‬‫إل‬ ‫ةة)ع‬‫ة‬‫اللج‬ ‫ةةا‬‫ة‬‫إل‬ ‫ا‬ ‫ةةا‬‫ة‬‫افك‬ ‫)ي‬ ‫ةةي‬‫ة‬‫م‬ ‫ةة‬‫ة‬‫قمل‬ ‫ع‬ ‫ةة‬‫ة‬ ‫إن‬ ‫ةةل‬‫ة‬‫ف‬ ‫أ‬ ‫ةة‬‫ة‬ ‫ال‬
‫ةة‬‫ة‬‫العملت‬ ‫ةةم‬‫ة‬‫عق‬ ) ‫ةة‬‫ة‬‫العمل‬‫ا‬ ‫ع‬ ‫ةة‬‫ة‬ ‫م‬ ‫ةةم‬‫ة‬ ‫ا‬ ‫ي‬ ‫خ‬ ‫ةة‬‫ة‬ ‫ا‬ ‫ةةكأ‬‫ة‬‫ال‬ ‫م‬ ‫ةة‬‫ة‬‫المل‬ ‫ا‬ ‫ةة‬‫ة‬ ‫)ا‬ ‫بم‬‫ةة‬‫ة‬‫تنا‬‫ةة‬‫ة‬ ) ‫ع‬
)‫ةةة‬‫ة‬ )‫م‬ ‫ةةة‬‫ة‬‫ن‬‫ةةة‬‫ة‬‫تق‬ ‫لا‬ ‫ممب‬ ‫ةةة‬‫ة‬‫المع‬ ‫ةةة‬‫ة‬‫فتا‬ ‫ةةة)ي‬‫ة‬‫ن‬ ‫ةةةت‬‫ة‬‫ص‬ ‫ةةة)ف‬‫ة‬‫ت‬ ‫لي‬‫لللد‬‫ل‬‫للق‬ ‫لللد‬‫ل‬‫لق‬ "Peer-To-
Peer")‫ةةة‬‫ة‬‫)ج‬ ‫)ي‬ ‫ةةة‬‫ة‬‫خ‬ ) ‫ي‬ ‫خ‬ ‫ةةة‬‫ة‬ ‫م‬ ‫ةةةتي‬‫ة‬‫ل‬ ‫ةةة‬‫ة‬ ‫المل‬ ‫ةةةو‬‫ة‬‫م‬ ‫ع‬ ‫ال‬ ‫ةةةل‬‫ة‬‫تعن‬ ‫ةةةل‬‫ة‬‫قن‬ ‫ةةةال‬‫ة‬‫مص‬ )‫ةةة‬‫ة‬ )
‫اكل‬ ‫اف‬ ‫ف‬ ‫مص‬ ‫قل‬ ) ‫الم‬ ‫مي‬ ‫ف‬ ‫ل‬ ‫تام‬ ).
)‫ةةة‬‫ة‬‫يا‬ ‫ةةة‬‫ة‬‫)م‬‫ل‬‫لللدال‬‫ل‬‫أل‬ ‫لللت‬‫ل‬Bitcoin‫ةةةي‬‫ة‬ ‫ل‬ ‫ف‬ ‫ةةة‬‫ة‬‫ع‬‫ت‬ ‫ةةة‬‫ة‬‫فتم‬ ‫ادي‬ ‫ا‬‫ةةةمك‬‫ة‬‫م‬ ‫ب‬ ‫ةةة‬‫ة‬‫ص‬ ‫م‬‫ألة‬ ‫للل‬‫ل‬‫لت‬
‫لدد‬‫ل‬ ‫ل‬‫لارقر‬‫ل‬ ‫ل‬ ‫لارقر‬‫ل‬ ‫لل‬‫ل‬‫م‬ ‫لع‬‫ل‬ ‫ر‬ ‫ل‬ ‫لة‬‫ل‬‫لمقص‬ ‫زد‬Dark Web‫ي‬ ‫ة‬‫ة‬‫ني‬ ‫م)ي‬ ‫خ‬ ‫ة‬‫ة‬ ‫ت‬ ‫ةث‬‫ة‬‫ت‬
)‫ة‬‫ة‬ ‫ةي‬‫ة‬ ‫ل‬ ‫ف‬ ‫ة‬‫ة‬‫تع‬Tor‫ة‬‫ة‬‫لل‬ ‫الق‬ ‫ة‬‫ة‬‫ت‬ ‫ة‬‫ة‬‫لعمل‬ ‫ل‬ ‫ةو‬‫ة‬‫م‬ ‫ع‬ ‫)ال‬ ‫اي‬ ‫ة‬‫ة‬‫)ت‬ ‫ع‬ ‫ة‬‫ة‬ ‫إخ‬ ‫ة‬‫ة‬‫خمل‬ ‫ةي‬‫ة‬‫م‬ ‫اتع)ي‬ ‫ة‬‫ة‬ ‫ت‬
‫ةةةك‬‫ة‬ ) ‫م‬ ‫ةةة‬‫ة‬‫اعل‬ ‫)الم‬ ‫ا‬ ‫ةةة‬‫ة‬ ‫افخ‬ ‫تل‬ ‫ةةة‬‫ة‬ ‫م‬ ‫اي‬ ‫ةةة‬‫ة‬‫قملت‬ ‫ةةةو‬‫ة‬‫تجع‬ ‫ةةة‬‫ة‬‫مم‬ ‫ةةة‬‫ة‬‫ل‬ ‫لل‬‫ةةةي‬‫ة‬‫م‬ ‫ةةة‬‫ة‬‫ت‬ ‫لع‬ ‫ل‬ ‫ةةةو‬‫ة‬ ‫ل‬ ‫ةةة‬‫ة‬‫م‬ ‫ا‬
)‫ل‬ ‫نا‬ ‫قلا‬ ‫لا‬ ‫اف‬ ‫افق‬ ‫عي‬ ‫ل‬ ‫ب‬ ‫خ)ف‬ ‫ال‬.
‫ةةل‬‫ة‬‫)ف‬‫ةةت‬‫ة‬ ‫ال‬ ‫ةةع‬‫ة‬ ‫ن‬‫ةة‬‫ة‬‫لعمل‬ ‫ةةل‬‫ة‬‫ل‬ ‫اف‬ ‫ةة‬‫ة‬‫ص‬ ‫ةة‬‫ة‬‫نتن‬ ‫م‬ ‫ل)و‬ ‫م‬ ‫ةة‬‫ة‬ ‫اف‬ ‫ةةي‬‫ة‬ ‫م‬‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬‫ل‬Bitcoin‫ةةل‬‫ة‬‫ف‬
‫تلل‬ ‫ا‬ ‫اد‬ ‫مو‬ ‫اف‬ ‫)ل‬ ‫اخو‬ ‫للتمم‬ ‫و‬ ‫فل‬ ‫اف‬ ‫الص‬ ‫اف‬ ‫تث‬ ‫ام‬ )‫األ‬ ‫ال‬.
‫العم‬ ‫ةةي‬‫ة‬‫ق‬ ‫ف‬ ‫ةة‬‫ة‬‫تع‬ ‫ةةخد‬‫ة‬ ‫ألأ‬ ‫ةةي‬‫ة‬‫تمن‬ ‫اف‬ ‫ةة‬‫ة‬‫الص‬ ‫ةة‬‫ة‬‫نتن‬ ‫م‬ ‫ةة‬‫ة‬‫)قل‬‫ةة‬‫ة‬ ‫قمم‬ ‫ةة‬‫ة‬‫تلت‬ )‫ل‬ ‫أ‬ ‫ةة‬‫ة‬ ‫ت‬ ‫لي‬ ‫ةة‬‫ة‬‫ل‬
‫لث‬ ‫ف‬ ‫ا‬ )‫ل‬ ‫تا‬ ) ‫إلا‬ ‫ج‬ ‫ال‬ ‫)ي‬ ‫ل‬ ‫ال)عب‬ ‫ا)او‬.

9. 8
‫لي‬ ‫العةة‬ ‫فةةل‬ ‫لةةل‬ ‫اف‬ ‫ةة‬‫ة‬‫ص‬ ‫ل)و‬ ‫فتاةة‬ ‫ةة‬ ‫اف‬ ‫عةة‬ ‫ا‬ ‫ننةة‬ ‫نةةب‬ ‫)ن‬‫ل‬‫ألللدال‬ ‫للت‬Bitcoin.‫ةةا‬‫ة‬‫)قل‬
‫اي‬ ‫خ‬ ‫ةةة‬‫ة‬ ‫ا‬ ‫ةةة‬‫ة‬‫قلتا‬ ‫ةةة)أ‬‫ة‬‫تنا‬ ‫ةةةل‬‫ة‬ ‫ال‬ ‫ا‬ ‫ةةة‬‫ة‬‫المخ‬ ‫ةةةي‬‫ة‬‫م‬ ‫ي‬ ‫ةةة‬‫ة‬‫ال‬‫ل‬‫لللدال‬‫ل‬‫أل‬ ‫لللت‬‫ل‬Bitcoin‫ف‬ ‫ةةة‬‫ة‬‫فكن‬ ‫م‬
)‫ل‬ ‫م‬ ‫مزاتةة‬ ‫مةةي‬ ‫ةة)ف‬ ‫مةة‬ ‫ةةو‬ ‫ج‬ ‫تمنةةي‬‫صةة‬ ‫افع‬ ‫نتلةة‬ ‫تةة‬ ‫ت‬ ‫عةة‬ ‫ا‬ ‫نلتةة‬ ‫ةة‬ ‫نج‬ ‫قتقاةة‬ ‫)عةة‬
‫ادي‬ ‫الن‬ ‫تق‬ ‫ا‬ ‫ال)تم‬ ‫ت‬ ‫نم‬ ‫لملم‬ ‫الع‬.
‫ةةةة‬‫ة‬‫نت‬ ‫للم‬ ‫لةةةة‬ ‫ع‬ )‫ل‬‫للللدال‬‫ل‬‫أل‬ ‫للللت‬Bitcoin‫ةةةةا‬‫ة‬‫قل‬ ‫م‬ ‫ا‬ ‫ةةةة‬‫ة‬‫ك‬ ‫م‬ ‫ةةةة‬ ) ‫م‬ ‫ةةةةت‬‫ة‬‫خص‬ ‫قملةةةة‬
‫العمل‬ ‫ك‬ ‫ا)و‬ ‫مي‬ ‫قق‬ ‫الم‬ ‫م‬ ‫ل‬ ‫األ‬ )‫ل‬ ‫خو‬ ‫ال‬.
)‫ةة‬‫ة‬‫ع‬‫ةة‬‫ة‬‫ا‬ ‫نت‬ ‫ةة‬‫ة‬‫نت‬ ‫ل‬ ‫الت‬ ‫ةة‬‫ة‬‫ن)م‬ ‫ال‬ ‫ةةب‬‫ة‬‫لقلن‬‫ا)و‬ ‫ةة‬‫ة‬ ‫ل‬ ‫ةة)انتي‬‫ة‬‫ع‬ ‫ةة‬‫ة‬‫)ك‬‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬‫ل‬Bitcoin‫ةةل‬‫ة‬‫ف‬
‫ةةة‬‫ة‬‫مل‬ ‫مع‬ ‫ي‬ ‫ةةة‬‫ة‬ ) ‫ةةة)انتيم‬‫ة‬‫للق‬ ‫قا‬ ‫ةةة‬‫ة‬‫)إخك‬ ‫م‬ ‫ةةةلم‬‫ة‬‫ال‬‫ل‬‫لللدال‬‫ل‬‫أل‬ ‫لللت‬‫ل‬Bitcoin‫ةةةل‬‫ة‬ ‫ال‬ ‫ةةة‬‫ة‬‫مل‬ ‫نمع‬
‫م‬ ‫ا‬ ‫للك‬ ‫قلتا‬ ‫ا)فب‬ ‫ال‬ ‫إخك‬ ‫ي‬ ‫ت‬ ‫)ع‬ ‫مم‬ ‫لك‬ ‫ن‬ ‫ج‬ ‫األخ‬.
‫ة‬‫ة‬‫لن‬ ‫ةي‬‫ة‬‫)لقل‬Flex coin‫ة‬‫ة‬ ‫خ‬ ‫ة‬‫ة‬‫لع‬ ‫ة‬‫ة‬‫لل)ال‬ ‫ةم‬‫ة‬ ‫إ‬ ‫ةي‬‫ة‬‫ق‬ ‫ة‬‫ة‬‫العمل‬ ‫ا)و‬ ‫ة‬‫ة‬ ‫ل‬ ‫د‬ ‫ة‬‫ة‬‫المخ‬ ‫أ‬ ‫ة‬‫ة‬‫النن‬
‫مةةةةي‬ ‫ةةةة‬ ‫ي‬ ‫م‬ ‫مةةةةو‬ ‫ن‬‫ل‬‫ألللللدال‬ ‫للللت‬Bitcoin)‫ةةةة‬ ‫ن‬ ‫اةةةة‬ ‫عتم‬ ‫ةةةة‬ ‫ل‬ ‫)الل‬600‫م‬ ‫)ف‬ ‫للةةةةف‬
‫لاي‬ ‫ل‬ ‫العمل‬ ‫)تو‬ ) ‫اللن‬ ‫لم)ع‬ ‫اصن‬ ‫ع‬ ‫ا‬ ‫اخ‬ ‫تج‬ ‫ن‬.
‫لـةةـ‬ ‫د‬ ‫خةة‬ ‫م‬ ‫نةة‬ ‫ل‬ ‫ع‬ ‫ةة‬ ‫ان‬ ‫ةةي‬ ‫نمةة‬‫ل‬‫ألللدال‬ ‫للت‬Bitcoin‫لصألـللـ‬ (‫و‬ ‫األقمةة‬ ‫و‬ ‫جةة‬ ‫مةةي‬ ‫مجم)قةة‬ ‫ت‬ ‫تةة‬ ‫ن‬ ‫ةة‬ ‫علةةو‬ ‫مةةي‬
‫ةةةاتنتت‬ ‫ل‬ ‫ال‬‫ي‬‫قا‬ ‫ةةة‬ ‫ل‬ ‫الصةةةت‬ ‫مةةة‬ ‫ف‬ ‫ةةة‬‫ة‬‫قت‬ ‫ال‬ ‫العلةةة‬ ‫ةةةاي‬ ‫ل‬ ‫ت‬(‫صنـةةة‬ ‫ن‬ ‫ةةة‬‫ة‬‫ال‬ ‫اةةة)ت‬ ‫)ال‬ ‫ةةة)تأ‬ ‫لل‬ ‫ـ‬‫أ‬ ‫ةةة‬‫ة‬‫عق‬2008-2009
‫ةةةاتي‬‫ة‬ ‫ل‬ ‫ل‬‫ةةةز‬‫ة‬ /‫ي‬ ‫ةةة‬‫ة‬‫الني‬ ‫ةةةو‬‫ة‬‫عل‬ ‫ةةةي‬‫ة‬‫م‬ ‫ةةة‬‫ة‬‫ا‬ ‫ل‬ ‫م‬ ‫ةةةي‬‫ة‬) ‫ع‬ ‫ةةة‬‫ة‬‫م‬ (‫ت‬ ‫ل‬ ‫ةةةات‬‫ة‬ ‫)ال‬‫ةةةا‬‫ة‬‫ةةة‬‫ة‬ )‫ي‬‫ةةة‬‫ة‬ ‫ل‬‫ةةة‬‫ة‬ ‫ن‬ ‫ف‬ ‫ةةة‬‫ة‬‫)اتق‬‫ا‬‫ن‬ ‫ةةة‬‫ة‬ ‫ال‬‫ففف‬
samanews.com/ar/index.php?act=post&id=63984://www.http
‫ات‬ ‫ل‬ ‫قي‬ ‫قل‬ ) ‫فتلي‬‫تع‬ ‫ع‬‫أ‬ ‫العق‬ ‫ا)ت‬ ‫)ال‬ ‫)تأ‬ ‫لل‬ ‫صنــ‬ ‫ن‬
https://www.youtube.com/watch?v=dJI3U658mcY
https://www.facebook.com/Dr.MaherAlsaifi/videos/vb.100000889145457/1543515
04604487/?type=2&theater
‫ال‬ ‫قل‬ ‫ق‬ ‫للصألدك‬ ‫ثعقداة‬ ‫مقصة‬ ‫ها‬
https://www.facebook.com/Dr.MaherAlsaifi/videos/vb.100000889145457/1484246
01863844/?type=2&theater
‫ي‬ )‫ل‬ ‫ج‬ ‫ال‬ ‫اق‬‫ي‬ ‫أل‬ ‫ل‬–‫ي‬ ‫قم‬‫ن‬ ‫خمو‬ ‫مي‬AHPC‫م‬ ‫ن‬ ‫ل‬ ‫خمو‬ ‫مي‬ ‫ت‬ ‫الم‬ ‫مي‬ ‫مجم)ق‬ ‫تك‬ ‫ن‬ ‫ل‬ ‫مب‬ ‫)ع‬
‫ل‬‫ألدال‬ ‫ت‬Bitcoin‫اكت‬ ‫افف‬ ‫المنص‬‫ففففف‬
nt.php?nid=13274http://www.alhayatnews.com/pri
‫)فل‬‫لمام‬ ‫فففففف‬ ‫عا‬ ‫)ل‬The SAK Holding Group, one of Qatar's leading companies in the
real estate sector, which aspires to be one of the major leading companies in Qatar and
n of large companies, strong and kept thethe region, and investment in the constructio
Qatar National Vision development strategy of the state. It follows the strategies and
modern thought, take advantage of changing market conditions, and the development
ge segment of partners and customers,needs of the country for the benefit of a lar
.investors and suppliers, including also the founders and shareholders
PN4XEFBq9U-https://www.youtube.com/watch?v=
https://www.youtube.com/watch?v=m7IYf54wRbI

10. 9
‫عملة‬ ‫تعمل‬ ‫كيف‬‫ال‬‫كوين‬ ‫بت‬BITCOIN‫؟‬
‫ج‬ ‫ةة‬‫ة‬‫م‬ ‫ةةجل‬‫ة‬ ) ‫ةة‬‫ة‬‫نلت‬ ) ‫ت‬ ‫ةة‬‫ة‬‫ص‬ ‫ةةو‬‫ة‬‫ن‬ ‫ةةم‬‫ة‬‫اع‬ ‫ةة‬‫ة‬‫اعل‬ ‫م‬ ‫اب‬ ‫مت‬ ‫ةة‬‫ة‬‫ن‬ ‫ةة‬‫ة‬‫لا‬ ‫ةة‬‫ة‬‫ف‬ ‫ةة‬‫ة‬‫ت)ج‬ ‫ةة‬‫ة‬‫لن‬ ‫ةةو‬‫ة‬‫خت‬
‫اخلا‬ ‫ةة‬‫ة‬‫ل‬ ‫ةة‬‫ة‬‫ت‬ ‫النق‬ ‫ةة‬‫ة‬‫القا‬ ‫ةة‬‫ة‬‫وت‬ ‫ةةي‬‫ة‬‫تمن‬ ‫ةةث‬‫ة‬‫ت‬ ‫ل‬ ‫ف‬ ‫ةة‬‫ة‬ ‫فب‬ ‫ةة‬‫ة‬‫ص‬ ‫ةةع‬‫ة‬‫خم‬ ‫ةة‬‫ة‬‫ف‬ ‫ال‬ ‫ةةك‬‫ة‬‫لا‬ ) ‫م‬ ‫ةة‬‫ة‬‫ت‬ ‫ال‬
)‫نةة‬ ‫ة‬‫ة‬‫مع‬ ) ‫ة‬‫ة‬‫ف‬ ‫ال‬ ‫خةة‬ ‫ةف‬‫ة‬‫تق‬ ‫ةخد‬‫ة‬ ‫ل‬ ‫اةة‬ ‫ملنت‬ )‫ة‬‫ة‬‫ع‬ ‫ة‬‫ة‬ ‫الخم‬ ‫ةي‬‫ة‬‫م‬ ‫ل‬ ‫ة‬‫ة‬‫ص‬ ‫ةو‬‫ة‬‫ن‬ ) ‫ة)مم‬‫ة‬‫ل)ك‬
‫ا‬ ‫ةة‬‫ة‬ ‫ا‬ ‫ل‬ ‫ةةخد‬‫ة‬ ‫ال‬ ‫ةةكا‬‫ة‬ ) ‫م‬ ‫ل‬ ‫ةة‬‫ة‬‫ص‬ ‫ال‬ ‫ةة‬‫ة‬ ‫لت‬‫ع‬‫ةةلع‬‫ة‬‫ةة‬‫ة‬‫م‬‫ةةككا‬‫ة‬‫ف‬‫ةةا‬‫ة‬‫تعا‬ ) ‫ج‬ ‫ةة‬‫ة‬ ‫ال‬ ‫ةةا‬‫ة‬‫ال‬ ‫م‬ ‫ةةك‬‫ة‬‫ت‬ ‫ةة‬‫ة‬‫ل‬
‫م‬ ‫ل‬ ‫ةة‬‫ة‬‫ص‬ ‫ال‬ )‫ةة‬‫ة‬‫ن‬ ‫ج‬ ‫ةة‬‫ة‬ ‫ال‬) ‫ةة‬‫ة‬ ‫وت‬ ‫ةةي‬‫ة‬‫تمن‬ ‫ف‬ ‫ةةث‬‫ة‬‫ت‬ ‫ل‬ ‫ةةا‬‫ة‬‫ا‬ ‫م‬ ‫ةة‬‫ة‬‫)جا‬ ) ‫ةة‬‫ة‬‫ف‬ ‫ال‬ ‫ج‬ ‫ةة‬‫ة‬ ‫ال‬ ‫خو‬ ‫ةة‬‫ة‬‫ت‬ ‫ةةي‬‫ة‬
‫تعخةةك‬‫ةةع‬‫ة‬‫تك‬ ) ‫و‬ ‫المةة‬‫فةةل‬)‫الم)جةة‬ ‫ل‬ ‫ةة‬‫ة‬‫ص‬‫ةةل‬‫ة‬‫ف‬‫ةةك‬‫ة‬ ‫نةة)ي‬ ‫ةةكل‬‫ة‬‫ل‬ ) ‫م‬ ‫تخةة‬ ) ‫ةة‬‫ة‬‫ف‬ ‫ال‬ ‫ةةع‬ ‫ن‬
‫عةة‬ ‫ف‬ ‫ةة‬‫ة‬‫لننا‬ ) ‫ل‬ ‫ةة‬‫ة‬‫ص‬ ‫ال‬ ‫مةةي‬ ‫ةة‬‫ة‬‫)ع‬ ‫ةة‬‫ة‬‫ملل‬ ‫نقةةو‬ ‫ةةي‬‫ة‬ ‫ةة‬‫ة‬‫لن‬ ‫ةةجلب‬ ‫ةة‬‫ة‬‫ع‬ ‫اب‬ ‫مت‬ ‫النةة‬‫ةةي‬‫ة‬‫م‬ ‫ل‬ ‫ةة‬‫ة‬‫ص‬ ‫ف‬
)‫ا‬ ‫مي‬ ‫الا‬ )‫النق‬ ‫م‬ ‫ك‬ )‫ا‬‫أ‬ ‫ان‬‫فل‬‫لأ‬‫ل‬‫ع‬.
‫لماذا‬ ‫لكن‬ ‫و‬‫ال‬‫كوين‬ ‫بت‬BITCOIN‫؟‬
‫نو‬‫ل‬‫ع‬‫ل‬‫ب‬ ‫لت‬ ‫إتج‬‫ب‬ ‫للت‬ )‫لخد‬ ‫العمل‬ ‫ك‬ ‫ب‬ ‫لت‬ ‫إتج‬ ) ‫م‬‫فل‬‫جمو‬ ‫م‬:
1#‫رعة‬ ‫ل‬ ‫د‬ ‫رة‬ ‫لمق‬ ‫دو‬ ‫لر‬:
‫ةةل‬‫ة‬ ‫ن‬ ‫ةةي‬‫ة‬‫تخص‬ ‫ةةتا‬‫ة‬ )‫ال‬ ‫ةةكا‬‫ة‬ ) ‫وم‬ ‫ةة‬‫ة‬‫الم‬ ‫ةةو‬‫ة‬‫لنق‬ ‫ج‬ ‫ةة‬‫ة‬ ‫ال‬ ‫ةةتي‬‫ة‬‫ل‬ ) ‫ةة‬‫ة‬‫لتن‬ ‫ةةتا‬‫ة‬ ) ‫ةةا‬‫ة‬‫ال‬ ‫ةة‬‫ة‬‫ج‬ ‫ال‬ ‫ةةي‬‫ة‬‫م‬ ‫ف‬ ‫ةة‬‫ة‬‫فل‬
‫ةة‬‫ة‬‫م‬‫ةة‬‫ة‬‫قمل‬ )‫ةة‬‫ة‬‫)ج‬ ‫ةة‬‫ة‬‫م‬ ‫وم‬ ‫ةة‬‫ة‬‫الم‬ ‫ي‬‫ل‬‫للدال‬‫ل‬‫أل‬ ‫للت‬‫ل‬Bitcoin‫ألي‬ ‫م‬ )‫ةة‬‫ة‬‫م)ج‬ ‫ةة‬‫ة‬‫ت‬ ‫ةة‬‫ة‬‫العملت‬ ‫ةةك‬‫ة‬ ‫م‬
‫ةوم‬‫ة‬‫ق‬ ‫ن‬ ‫ةي‬‫ة‬‫ل‬ ‫ة‬‫ة‬‫العمل‬‫ة‬‫ة‬‫م‬ )‫ة‬‫ة‬ ‫ة‬‫ة‬‫العمل‬ )‫ة‬‫ة‬‫ن‬ ‫ةو‬‫ة‬‫ل‬‫م‬ ‫ج‬ ‫ة‬‫ة‬ ‫ال‬ ‫ة‬‫ة‬‫ي‬ ‫م‬ ‫ةا‬‫ة‬‫ال‬ ‫ةو‬‫ة‬‫خ‬ ) ‫ة‬‫ة‬ ‫ي‬ ‫م‬ ‫ةي‬‫ة‬‫م‬ ‫ة‬‫ة‬‫خ‬)
‫لـ‬ ‫ما‬ ) ‫تا‬ ) ‫)ي‬ ‫ل‬ ‫ج‬ ‫ال‬ ‫لتي‬ ) ‫لتن‬ ‫ي‬ ‫العملت‬ ‫ك‬P2P‫لن‬ ‫ل‬ ‫الن‬ )‫ا‬.
2#‫راة‬ ‫ل‬:
‫ا‬ ‫م‬ ‫ةةي‬‫ة‬‫تمن‬ ‫ف‬ ‫اع‬ ‫ةة‬‫ة‬ ‫ال‬ ) ‫ةة‬‫ة‬‫اللت‬ ‫ب‬ ‫ةة‬‫ة‬‫قملت‬‫ةةم‬‫ة‬ ‫ت‬ ‫ةةي‬‫ة‬‫لم‬ ‫ةة‬‫ة‬‫لت‬ ‫إتج‬ ‫ةة‬‫ة‬‫نقا‬ ‫ةةك‬‫ة‬ ) ‫ةة‬‫ة‬‫فتا‬ ‫خو‬ ‫ةة‬‫ة‬ ‫ال‬ )‫ل‬ ‫ةة‬‫ة‬‫ا‬ ‫عل‬
‫العمل‬ ‫قلا‬ )‫اللن‬ ) ‫ن)م‬ ‫ال‬ ‫تا‬ ‫مي‬ ‫قلو‬ ‫انا‬ ‫نم‬ ‫الخص)صت‬.

11. 10
3#‫لوعلماة‬:
‫ةةل‬‫ة‬‫ةة‬‫ة‬‫لم)ع‬ ‫لا‬ ‫ةة‬‫ة‬ ‫ف‬‫ةةل‬‫ة‬‫اف‬ ‫ج‬) ‫ةة‬‫ة‬‫معا‬ ‫ةةو‬‫ة‬‫م‬ ‫ع‬ ‫ال‬ ‫ةةتمني‬‫ة‬‫ف‬ ‫ةةتي‬‫ة‬‫مع‬‫ةة‬‫ة‬‫نعنا‬‫ةةي‬‫ة‬ ‫ل‬ ) ‫ف‬ ‫ةة‬‫ة‬‫لت‬ ‫الم‬ ‫ةة‬‫ة‬ ‫قمل‬
‫ةل‬‫ة‬‫ع‬‫ةل‬‫ة‬‫ف‬‫ع‬ ‫ال‬ ‫ة‬‫ة‬‫ص‬ ‫اي‬ )‫ةا‬‫ة‬‫ال‬ ‫)ف‬ ‫لا‬ ‫ة‬‫ة‬‫(ك‬ ‫ة‬‫ة‬‫لا‬ ‫ةتع‬‫ة‬‫ل‬ ‫ة‬‫ة‬‫ان‬ ‫ة‬‫ة‬‫العمل‬ ‫ةةك‬‫ةتا‬‫ة‬ ‫ةا‬‫ة‬ ‫تل‬ ‫ة‬‫ة‬‫كل‬ ) ‫ة‬‫ة‬‫لت‬
‫ةةللب‬‫ة‬ ‫ةةكج‬‫ة‬‫ال‬ ‫ةة)او‬‫ة‬‫افم‬ ‫ةة‬‫ة‬‫ال‬ ‫ةةا‬‫ة‬‫قل‬ ‫ةة‬‫ة‬‫نزت‬ ‫الم‬ )‫ةة‬‫ة‬‫اللن‬‫ةةخي‬‫ة‬‫ك‬ ‫ل‬ ‫ل‬‫ةةلم‬‫ة‬ ‫ال‬ ) ‫م‬ ‫ةةع‬‫ة‬ ‫اف‬ ‫ةة‬‫ة‬ ‫ا‬ )
‫ةة‬‫ة‬‫)ك‬ ‫ةة‬‫ة‬‫فق‬ ) ‫ةة‬‫ة‬ ‫الم‬ ‫ةة‬‫ة‬‫ق‬ )‫ةة‬‫ة‬ ‫ةةخي‬‫ة‬‫ك‬ ‫ال‬ ‫ةةي‬‫ة‬‫م‬ ‫ةة‬‫ة‬‫مت‬ ‫م‬ ‫ةة‬‫ة‬‫العمل‬ ‫ةةك‬‫ة‬ ‫ةةو‬‫ة‬‫تجع‬ ‫ةةكج‬‫ة‬‫ال‬‫ةة‬‫ة‬ ) ‫ع‬‫ةة‬‫ة‬‫ن‬ ‫ن‬
‫ةةة‬ )‫م‬)‫ي‬ ‫تةةة‬ ‫اي‬ ‫قلةةةا‬ ‫خاةةة‬‫ةةة‬ ‫ان‬21‫ي‬ ‫قةةة‬ ‫لةةة)و‬ ‫ل‬ ‫قملةةة‬ ‫ملتةةة)ي‬2410-2015‫م‬‫اي‬ ‫نمةةة‬
‫نلتةة‬ ‫عتمةة‬ ‫ةة‬ ‫لقا‬ ) ‫ةة‬ ‫الم‬ ‫قةة‬‫فةةل‬‫)ج‬ ‫ةة‬ ‫ت‬ ‫مناةة‬ ‫ي‬ ‫نةة‬ ‫اي‬ ‫فلعةة‬ )‫ةة‬ ‫ال‬6‫فقةةام‬ ‫ب‬ ‫ةةن‬
‫ةةةي‬‫ة‬‫م‬ ‫ةةة‬‫ة‬ ‫ان‬ ‫ةةةا‬‫ة‬‫ال‬ ‫ةةة‬‫ة‬ ‫ا‬1000‫ةةة)الا‬‫ة‬ ‫ةةةا‬‫ة‬‫ال‬ ‫ةةةب‬‫ة‬‫ل‬ ‫ةةةي‬‫ة‬ ‫)ف‬600‫اب‬ ‫ةةة‬‫ة‬‫ت‬ ‫ال‬ ‫ةةةلم‬‫ة‬ ) ‫)ف‬
‫ةة‬‫ة‬ ‫ج‬ ‫الم‬ ‫ةة‬‫ة‬‫النلت‬‫ةةل‬‫ة‬‫ةة‬‫ة‬‫تمنن‬ ) ‫م‬ ‫ةة‬‫ة‬‫لع‬ ‫ق‬ ‫ةة‬‫ة‬ ‫م‬ ‫ةة‬‫ة‬‫ت‬ ‫ةة‬‫ة‬‫انا‬‫ةة‬‫ة‬‫م)ع‬ ‫ةةا‬‫ة‬‫قل‬ ‫ةةع‬‫ة‬ ‫ةة‬‫ة‬‫لع‬ ‫م‬coin
.desk
‫عملة‬ ‫على‬ ‫الناس‬ ‫يحصل‬ ‫اين‬ ‫من‬ ‫لكن‬ ‫و‬‫ال‬‫كوين‬ ‫بت‬BITCOIN‫؟‬
‫اةةةة‬ ‫لعةةةة‬ ‫ع‬ ‫النةةةة‬ ‫قلتاةةةة‬ ‫صةةةةو‬ ‫ت‬‫صةةةةنت‬ ‫ال‬ ‫مناةةةة‬‫ف‬ ‫تي‬ ‫عةةةة‬ ‫)ال‬‫ف‬‫ف‬‫ف‬‫ف‬‫الةةةة‬‫تقةةةة‬ ‫الا‬ ‫لنةةةةي‬ )
‫ت‬ ‫ت‬ ‫ال‬‫ل‬‫تي‬ ‫ع‬ ‫ال‬ ‫قملت‬:
‫قملتةةة‬ ‫ةةةل‬ ‫ةةةك‬ ‫تي‬ ‫عةةة‬ ‫ال‬ ‫قملتةةة‬ )‫ا‬ ‫خ‬ ‫ةةة‬ ‫ا‬‫ل‬ ‫لةةة‬ ‫م‬ ‫الةةةك‬‫فةةةل‬)‫لصةةة‬ ‫ةةة)اع‬ ‫جي‬ ‫المنةةة‬
‫ةةةة‬‫ة‬‫ت‬ ‫ف‬‫تي‬ ‫ةةةة‬‫ة‬‫ع‬ ‫ةةةة‬‫ة‬‫قملت‬ ‫ةةةةل‬‫ة‬‫ف‬ ‫ةةةةي‬‫ة‬‫لن‬ ) ‫بم‬ ‫ةةةة‬‫ة‬‫مجم)ق‬ ‫ةةةة‬‫ة‬ ‫ت‬ ‫ةةةةا‬‫ة‬‫قل‬ )‫ا‬‫ل‬‫للللدال‬‫ل‬‫أل‬ ‫للللت‬‫ل‬Bitcoin
‫م‬‫م‬ ‫لجةةةة‬ ‫المع‬ ‫ةةةا‬‫ة‬‫قل‬ ‫ز‬ ‫ةةة‬‫ة‬‫الجا‬ ‫ةةة‬‫ة‬‫ع‬ ‫ب‬ ‫زا‬ ‫ةةة‬‫ة‬‫نلم‬ ) )‫ةةة‬‫ة‬‫النملت‬ ‫ةةةعجاز‬‫ة‬‫ل‬ ‫ةةة‬‫ة‬ ‫ال‬ ‫)اب‬ ‫ل‬ ‫و‬ ‫ل‬ ‫ةةةة‬
‫م‬ ‫ةة‬‫ة‬ ‫ل‬ ‫ةةنو‬‫ة‬ ‫ل‬ ‫ةةمب‬‫ة‬‫العم‬ ‫ا‬ ‫خ‬ ‫ةة‬‫ة‬ ‫ا‬ ‫ةةا‬‫ة‬‫قل‬ ‫ةة‬‫ة‬ ‫ع‬ ‫ب‬ ‫زا‬‫ةةو‬‫ة‬ ‫ل‬ ‫م‬ ‫ةة‬‫ة‬‫ن‬ ‫لل‬ ‫م‬ ‫ةةك‬‫ة‬‫ال‬ ‫ةةنجي‬‫ة‬‫م‬ ‫و‬ ‫ل‬ ‫ةة‬‫ة‬ ‫ت‬ )
‫ةةو‬‫ة‬‫م‬ ‫ةة‬‫ة‬‫معق‬ ‫فب‬ ‫ةة‬‫ة‬‫مع‬‫ةةل‬‫ة‬‫ف‬‫ةة‬‫ة‬‫ا‬ ‫ات‬)‫ةة‬‫ة‬‫ن‬‫اب‬‫ةةك‬‫ة‬ ‫ةةل‬‫ة‬‫ص‬ ‫ةة‬‫ة‬‫العمل‬ )‫ةة‬‫ة‬‫ن‬ ‫ةة‬‫ة‬‫تج‬ ‫ةةي‬‫ة‬‫م‬ ) ‫ةةمبم‬‫ة‬‫العم‬

12. 11
‫تةةةةة‬ ‫الن‬ ‫نةةةةة‬ ) ‫م‬ ‫ملنةةةةة‬ ‫العملةةةةة‬) ‫العملةةةةة‬ ‫لاةةةةةك‬ ‫ةةةةة)ي‬ )‫ما‬ ‫)ا‬ ‫اصةةةةةل‬ ‫مةةةةةي‬ ‫لي‬ ‫العةةةةة‬ ‫ةةةةة)و‬
‫جز)ا‬‫اب‬ ‫ف‬ ‫ت‬‫العممب‬ ‫ا‬ ‫خ‬ ‫ا‬ ) ‫فب‬ ‫المع‬ ‫و‬ ‫ل‬ ‫الت)ي‬ ‫ا‬ ‫م‬ ‫قلا‬ ‫عمو‬ ‫مل‬ ‫ن‬.
‫قلا‬ ‫مو‬ ‫و‬ ‫مق‬ ‫ن‬‫ان‬ ‫ن‬‫ش‬‫قي‬‫قملت‬‫ا‬ ‫خ‬ ‫ا‬‫تي‬ ‫ع‬ )‫ل‬‫ل‬‫ألدال‬ ‫ت‬Bitcoin
==================================================
‫ك‬ ‫شخخ‬ ‫مثخخ‬ ‫كي‬ ‫الشخخ‬ ‫بعخخ‬ ‫ان‬ ‫اال‬ ‫خخ‬ ‫م‬ ‫العملخخ‬ ‫ه‬ ‫خخ‬ ‫ان‬ ‫مخخ‬ ‫غ‬ ‫بخخيل‬Titan Bitcoin
‫خخ‬‫خ‬‫اق‬ ‫ال‬ ‫خخ‬‫خ‬‫ال‬ ‫خخ‬‫خ‬‫العمل‬ ‫ه‬ ‫خخ‬‫خ‬ ‫خخ‬‫خ‬‫خ‬ ‫خخ‬‫خ‬‫عل‬ ‫خخ‬‫خ‬‫تعم‬‫خخ‬‫خ‬‫م‬ ‫الق‬ ‫خخ‬‫خ‬‫نف‬ ‫خخ‬‫خ‬‫تحم‬ ‫خخ‬‫خ‬ ‫معدن‬ ‫خخ‬‫خ‬‫عم‬ ‫خخ‬‫خ‬‫ع‬ ‫خخ‬‫خ‬‫عل‬
‫خ‬‫خ‬‫تحم‬ID‫خ‬‫خ‬‫م‬ ‫ن‬ ‫خ‬‫خ‬‫متك‬8‫خي‬‫خ‬‫اته‬ ‫مم‬ ‫خ‬‫خ‬ ‫ا‬ ‫ي‬ ‫خد‬‫خ‬‫فق‬ ‫خ‬‫خ‬‫ذل‬ ‫خ‬‫خ‬‫لك‬ ‫خيو‬‫خ‬‫ق‬ ‫ا‬‫خ‬‫خ‬‫ع‬ ‫خ‬‫خ‬‫الس‬ ‫خ‬‫خ‬‫الس‬
‫فض‬ ‫المن‬ ‫و‬ ‫س‬ ‫ال‬.
‫هذه‬ ‫سلبيات‬ ‫أما‬‫ال‬‫كوين‬ ‫بت‬BITCOIN،‫تكمن‬‫في‬‫مميزاتها‬ ‫أهم‬ ‫بعض‬:
Pooled mining, however, is far more lucrative. Using a service like “Slush’s pool” (more
on that later) you can split the work among a ground of people. Using this equation:
(25BTC + block fees – 2% fee) * (shares found by user’s workers) / (total shares in
current round)
‫لللبياتها‬‫ل‬‫س‬ ‫أول‬:‫خخ‬‫خ‬‫خخي‬‫خ‬‫أنه‬ ‫اال‬ ‫خخ‬‫خ‬ ‫م‬ ‫خخي‬‫خ‬‫انه‬ ‫خخي‬‫خ‬‫كم‬ ‫ه‬ ‫خخ‬‫خ‬‫فه‬ ‫ي‬ ‫خخف‬‫خ‬‫تش‬ ‫خخ‬‫خ‬‫العمل‬ ‫خخ‬‫خ‬‫س‬‫ع‬ ‫خخ‬‫خ‬‫ب‬ ‫خخنعك‬‫خ‬‫ت‬
‫ي‬ ‫خخل‬‫خ‬‫الس‬‫خخ‬‫خ‬‫ف‬‫خخ‬‫خ‬‫يص‬ ‫ب‬ ‫خخ‬‫خ‬‫ن‬ ‫االنت‬ ‫خخ‬‫خ‬‫عل‬ ‫خخ‬‫خ‬‫المش‬ ‫خخي‬‫خ‬ ‫للعمل‬ ‫ل‬ ‫خخه‬‫خ‬‫الس‬ ‫خخ‬‫خ‬‫بع‬ ‫خخ‬‫خ‬‫تعط‬ ‫خخي‬‫خ‬‫انه‬‫خخ‬‫خ‬‫ف‬
‫خ‬‫خ‬‫ق‬ ‫م‬ ‫خ‬‫خ‬ ‫خي‬‫خ‬‫مث‬ ‫خ‬‫خ‬‫افض‬ ‫خ‬‫خ‬‫ق‬ ‫العم‬ ‫ك‬ ‫خ‬‫خ‬‫الش‬Silkroad‫ا‬ ‫خد‬‫خ‬ ‫بيلم‬ ‫خيج‬‫خ‬‫ت‬ ‫خين‬‫خ‬‫ك‬ ‫خ‬‫خ‬‫ال‬‫خلح‬‫خ‬‫االس‬
‫المشخخ‬ ‫خي‬‫خ‬ ‫العمل‬‫نضخخ‬ ‫ان‬ ‫جخخ‬ ‫خ‬‫خ‬‫لك‬‫فخخ‬‫كخخين‬ ‫قخخ‬ ‫الم‬ ‫ا‬ ‫خ‬‫خ‬ ‫ان‬ ‫ين‬ ‫الحسخخ‬‫فخخ‬‫عمخخ‬ ‫خخ‬ ‫بدا‬
ً‫ا‬ ‫خخخ‬‫خ‬ ‫ك‬ ً‫ا‬ ‫خخخ‬‫خ‬‫خط‬ ‫خخخك‬‫خ‬‫ش‬ ‫خخخ‬‫خ‬‫ل‬ ‫خخخ‬‫خ‬‫ق‬ ‫إغ‬ ‫ان‬ ‫خخخي‬‫خ‬‫كم‬ ‫خخخ‬‫خ‬‫العمل‬‫خخخ‬‫خ‬ ‫ت‬ ‫خخخي‬‫خ‬‫لكنه‬ ‫خخخ‬‫خ‬‫العمل‬ ‫خخخ‬‫خ‬‫عل‬‫خخخي‬‫خ‬‫الم‬ ‫خخخيل‬‫خ‬‫ع‬ ‫خخخ‬‫خ‬‫ف‬
‫االعمي‬‫عيو‬ ‫بشك‬ ‫االقتصين‬‫مشكل‬.

13. 12
‫الفيديو‬ ‫هذا‬ ‫مشاهدة‬ ‫يمكنك‬ ‫بها‬ ‫ما‬ ‫و‬ ‫العميقة‬ ‫الشبكة‬ ‫يعرف‬ ‫ال‬ ‫لمن‬ ‫و‬
‫ك‬ ‫م‬ : ‫ظ‬ ‫ملح‬‫ف‬‫ظه‬ ‫العمل‬ ‫ان‬ ‫د‬ ‫الف‬‫عيو‬2006‫عيو‬ ‫الصح‬ ‫لك‬2009
https://youtu.be/wCLHaeS1wck
‫الثانية‬ ‫اما‬:‫فه‬‫التعد‬ ‫عمل‬ ‫ح‬ ‫ك‬ ‫شك‬
‫مي‬ ‫ع‬ ‫أحد‬ ‫ف‬‫المعينال‬‫الت‬‫و‬ ‫ق‬
‫ش‬ ‫ع‬ ‫ال‬ ‫جع‬ ‫ممي‬ ‫بحلهي‬ ‫الجهيز‬‫ف‬
‫ج‬‫تعم‬ ‫م‬ ‫من‬ ‫ن‬‫ف‬‫معينال‬ ‫لح‬ ‫فيء‬ ‫ال‬
‫السن‬ ‫معي‬ ‫ال‬ ‫تحتي‬ ‫قد‬‫ف‬‫قص‬ ‫ق‬
‫ا‬ ‫ف‬ ‫الس‬ ‫عل‬ ‫المعينال‬ ‫ئ‬ ‫تج‬ ‫ق‬ ‫ط‬ ‫ع‬
‫ك‬ ‫شك‬ ‫ن‬ ‫مج‬ ‫ق‬ ‫ت‬ ‫لكنهي‬.
‫للة‬‫ل‬‫الثالث‬ ‫و‬:‫فخخخ‬‫خخخ‬(‫م‬ ‫الخخخ‬ ‫مل‬ ‫خخ‬‫خ‬ ‫الم‬)‫او‬ ‫أه‬ ‫امخخخ‬ ‫أو‬ ‫جخخخ‬ ‫كخخخين‬ ‫إذا‬ ‫خخ‬‫خ‬‫ع‬ ‫احخخخد‬ ‫فخخخ‬ ‫خخ‬‫خ‬‫ف‬ ‫مع‬ ‫خخخ‬ ‫الغ‬
‫فخخخ‬ ‫تت‬ ‫خخي‬‫خ‬‫م‬ ‫خخ‬‫خ‬‫ل‬ ‫ن‬ ‫خخ‬‫خ‬‫كين‬ ‫ذا‬ ‫خخ‬‫خ‬‫ف‬ ‫خخ‬‫خ‬‫العم‬ ‫خخ‬‫خ‬‫م‬ ‫خخ‬‫خ‬‫ص‬ ‫الش‬ ‫ه‬ ‫خخ‬‫خ‬ ‫خخ‬‫خ‬‫تمتل‬ ‫خخ‬‫خ‬‫ك‬ ‫خخ‬‫خ‬‫نع‬ ‫ال‬ ‫خخي‬‫خ‬‫كم‬ ‫ين‬ ‫خخ‬‫خ‬‫األش‬ ‫خخ‬‫خ‬‫م‬ ‫خخ‬‫خ‬‫ع‬ ‫مجم‬
‫خخ‬‫خ‬‫ذل‬ ‫خخ‬‫خ‬‫تس‬ ‫فس‬ ‫خخي‬‫خ‬‫منه‬ ‫خخ‬‫خ‬ ‫االك‬ ‫خخ‬‫خ‬‫النص‬ ‫خخ‬‫خ‬‫تمل‬ ‫خخ‬‫خ‬‫ص‬ ‫الش‬ ‫ه‬ ‫خخ‬‫خ‬ ‫خخذ‬‫خ‬‫خل‬‫خخ‬‫خ‬‫ف‬‫خخ‬‫خ‬‫الق‬ ‫خخ‬‫خ‬‫اك‬ ‫م‬ ‫خخ‬‫خ‬ ‫تغ‬‫خخ‬‫خ‬‫عل‬‫خخ‬‫خ‬‫ط‬ ‫خ‬‫خخيل‬‫خ‬‫الع‬
‫االقتصين‬.
‫كمخخخي‬‫كخخخ‬ ‫خخخ‬‫خ‬‫ل‬ ‫أنخخخ‬ ً‫ي‬‫ضخخخ‬ ‫أ‬ ‫ك‬ ‫الخخخ‬ ‫جخخخد‬‫االقتصخخخين‬‫ن‬ ‫قفخخخ‬ ‫اء‬ ‫خخخ‬ ‫ال‬‫خخخ‬‫خ‬‫ف‬‫خخخ‬‫خ‬‫مل‬ ‫ع‬ ‫فخخخيل‬ ‫العملخخخ‬ ‫ه‬ ‫خخخ‬ ‫صخخخذ‬
‫معهي‬ ‫تحد‬ ‫تنفج‬ ‫س‬ ‫فقيع‬ ‫ن‬ ‫مج‬ ‫انهي‬ ‫م‬ ‫ي‬ ‫م‬‫أزمي‬‫اقتصين‬.

14. 13
‫للة‬‫ل‬ ‫مالح‬: ‫للة‬‫ل‬‫مهم‬‫للع‬‫ل‬ ‫أل‬ ‫ف‬ ‫لل‬‫ل‬‫للز‬‫ل‬‫له‬‫للة‬‫ل‬ ‫لدر‬ ‫ه‬‫د‬ ‫للة‬‫ل‬‫لومل‬ ‫للزه‬‫ل‬‫ه‬ ‫للهعر‬‫ل‬‫ات‬ ‫للا‬‫ل‬‫ل‬
‫عل‬ ‫لللعو‬‫ل‬ ‫لللل‬‫ل‬‫م‬ ‫لللزار‬‫ل‬‫ح‬ ‫ل‬ ‫لللو‬‫ل‬ ‫هع‬ ‫لللر‬‫ل‬‫ت‬ ‫للل‬‫ل‬‫عل‬ ‫للل‬‫ل‬‫ا‬ ‫ح‬ ‫ل‬‫لللع‬‫ل‬‫عهله‬ ‫زد‬ ‫لللدة‬‫ل‬‫ت‬ ‫لللع‬‫ل‬‫اه‬
‫للللدة‬‫ل‬‫ت‬‫للللزه‬‫ل‬‫ه‬ ‫للللة‬‫ل‬‫دهاألل‬ ‫للللاو‬‫ل‬ ‫ق‬ ‫للللعدة‬‫ل‬‫ع‬ ‫للللل‬‫ل‬‫م‬ ‫و‬ ‫ق‬ ‫لللل‬‫ل‬ ‫لم‬ ‫للللر‬‫ل‬‫ت‬ ‫للللة‬‫ل‬‫دمحعدل‬
‫ر‬ ‫لللل‬‫لمللللعو‬ ‫عللللعلو‬ ‫قلللل‬ ‫مولللل‬ ‫ألااللللل‬ ‫لل‬ ‫للللو‬ ‫لقع‬ ‫علتللللألو‬ ‫االلهع‬ ‫لللل‬ ‫د‬ ‫اة‬ ‫ا‬
‫د‬ ‫عمللللعو‬ ‫د‬‫للللعلم‬‫ل‬‫لو‬ ‫د‬ ‫لمحللللل‬ ‫للللعد‬‫ل‬‫ص‬‫للللو‬‫ل‬‫علوم‬ ‫للللرد‬‫ل‬‫لت‬ ‫صللللدد‬ ‫للللع‬‫ل‬‫ق‬ ‫د‬
‫عللل‬ ‫للو‬‫ل‬‫وم‬ ‫للة‬‫ل‬‫عص‬ ‫للة‬‫ل‬‫مقص‬ ‫للا‬‫ل‬ ‫أ‬ ‫عللل‬‫للدار‬‫ل‬‫للرة‬‫ل‬‫أل‬ ‫ل‬‫لل‬‫ل‬‫عمل‬ ‫للدر‬‫ل‬ ‫مق‬ ‫للل‬‫ل‬‫دلأل‬
‫لل‬‫ل‬ ‫ز‬ ‫للة‬‫ل‬‫مدع‬ ‫م‬ ‫لللالو‬ ‫للل‬‫ل‬‫م‬ ‫للت‬‫ل‬‫ح‬ ‫لل‬‫ل‬‫قق‬ ‫د‬‫لللدو‬ ‫للة‬‫ل‬‫عص‬ ‫ت‬ ‫ر‬ ‫للا‬‫ل‬‫دت‬ ‫دقررلللاعت‬
‫م‬ ‫م‬ ‫حت‬ ‫عصة‬ ‫ل‬ ‫ت‬ ‫لحع‬ ‫د‬ ‫عمعو‬ ‫عو‬ ‫ر‬
VIP BUSNISSES GROUP (VBG)
‫لللللزلك‬‫ل‬‫ل‬. ‫ا‬ ‫ر‬ ‫للللل‬‫ل‬ ‫لللللراك‬‫ل‬‫ت‬ ‫لللللدف‬‫ل‬‫ل‬ ‫م‬......‫للللل‬‫ل‬‫ق‬‫لللللة‬‫ل‬‫لحقاقا‬ ‫لللللة‬‫ل‬ ‫لر‬ ‫لللللة‬‫ل‬‫حعل‬
‫للو‬‫ل‬‫قعع‬ ‫ا‬ ‫ر‬ ‫لل‬‫ل‬ ‫للراك‬‫ل‬‫ألت‬ ‫لل‬‫ل‬‫م‬ ‫دو‬ ‫للد‬‫ل‬‫ل‬ ‫لل‬‫ل‬‫عل‬ ‫للدرة‬‫ل‬‫لق‬ ‫د‬‫للعدر‬‫ل‬ ‫د‬‫ر‬ ‫لل‬‫ل‬ ‫ار‬‫للعو‬‫ل‬
‫معو‬ ‫ه‬ ‫علة‬ ‫ر‬LOI
‫ل‬‫ل‬ ‫راد‬‫ردق‬ ‫أل‬COMVIPGROUP@OUTLOOK.-HQ
‫لللللللدل‬ ‫د‬‫عصلللللللة‬ ‫ل‬ ‫لتلللللللرد‬ ‫د‬ ‫ولللللللة‬ ‫لم‬ ‫لالللللللعت‬ ‫ألعقلللللللة‬ ‫دالللللللدألو‬ ‫و‬ ‫اللللللل‬
‫لصللللللللللللللللللللللللللللللدد‬ ‫هللللللللللللللللللللللللللللللز‬ ‫حللللللللللللللللللللللللللللللع‬ ‫د‬ ‫لللللللللللللللللللللللللللللعت‬‫ل‬ ‫لدر‬ ‫د‬.

15. 14
: ‫لللية‬‫ل‬‫توص‬‫خخخ‬‫خ‬‫التض‬ ‫خخخ‬‫خ‬‫ظ‬ ‫خخخ‬‫خ‬‫ف‬‫خخخين‬‫خ‬‫االقتص‬‫خخخ‬‫خ‬‫الحيص‬‫خخخ‬‫خ‬‫ف‬‫اط‬ ‫خخخ‬‫خ‬‫اإلف‬ ‫خخخ‬‫خ‬‫بس‬ ‫خخخيل‬‫خ‬‫الع‬‫خخخ‬‫خ‬‫ف‬‫خخخ‬‫خ‬ ‫ق‬ ‫ال‬ ‫ن‬ ‫خخخ‬‫خ‬‫النق‬ ‫خخخ‬‫خ‬‫يع‬ ‫ط‬
‫مخخ‬ ‫خ‬‫خ‬‫جع‬‫خخي‬ ‫االنه‬‫االقتصخخين‬‫مسخخ‬‫أ‬‫ل‬‫خخ‬ ‫األخ‬ ‫ذ‬ ‫المخخ‬ ‫مخخي‬ ‫الخخ‬ ‫بجينخخ‬ ‫العملخخ‬ ‫ه‬ ‫خخ‬ ‫ن‬ ‫تكخخ‬ ‫خد‬‫خ‬‫ق‬ ‫ل‬ ‫لخخ‬ ‫أكثخخ‬ ‫ال‬ ‫قخخ‬
‫خخي‬‫خ‬‫للنج‬‫خخ‬‫خ‬‫الع‬ ‫خخدأ‬‫خ‬ ‫ان‬ ‫خخ‬‫خ‬ ‫خخيه‬‫خ‬‫اتمن‬ ‫خخي‬‫خ‬‫م‬ ‫خخ‬‫خ‬‫فك‬‫خخ‬‫خ‬‫ف‬‫خخيه‬‫خ‬ ‫االنت‬‫خخ‬‫خ‬‫ال‬‫خخ‬‫خ‬‫نح‬ ‫خخد‬‫خ‬ ‫نتك‬ ‫ال‬ ‫خخ‬‫خ‬‫حت‬ ‫خخي‬‫خ‬‫له‬ ‫خخ‬‫خ‬ ‫التجه‬ ‫خخكل‬‫خ‬‫المش‬ ‫ه‬ ‫خخ‬‫خ‬
‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬ ‫التجي‬ ‫ا‬ ‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬ ‫خخخخخخخخخخخخخخخخخخخيء‬‫خ‬‫عن‬ ‫خخخخخخخخخخخخخخخخخخخي‬‫خ‬‫النن‬ ‫ا‬‫ه‬ ‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬‫به‬ ‫ن‬ ‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬‫تك‬ ‫ان‬ ‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬‫بيلض‬ ‫خخخخخخخخخخخخخخخخخخخ‬‫خ‬‫ل‬
‫العمل‬...........................................................................ً‫ي‬‫لطف‬ً‫ا‬ ‫آم‬ ‫ال‬ ً‫ي‬‫م‬ ‫تك‬
‫للذهب؟‬ ‫منافس‬ ‫ستكون‬ ‫و‬ ‫للعالم‬ ‫خير‬ ‫معها‬ ‫العملة‬ ‫هذه‬ ‫ان‬ ‫تعتقد‬ ‫هل‬
‫إن‬‫وفقنا‬‫فمن‬‫هللا‬‫و‬‫إن‬‫زللنا‬‫فمن‬‫أنفسنا‬‫ومن‬‫الشيطان‬.
‫سبحانك‬‫اللهم‬‫ال‬‫علم‬‫لنا‬‫إال‬‫ما‬‫علمتنا‬‫إنك‬‫أنت‬‫العليم‬‫الحكيم‬
‫اللهم‬‫علمنا‬‫ما‬‫ينفعنا‬‫وانفعنا‬‫بما‬‫علمتنا‬‫وزدنا‬‫علما‬‫برحمتك‬
‫يا‬‫أرحم‬‫الراحمين‬
‫د‬/‫ماهر‬‫الصيفي‬
‫الرئيس‬‫التنفيذي‬‫لمجموعة‬‫جلوبال‬‫انفست‬‫سويسري‬–
‫و‬‫العضو‬‫المنتدب‬‫في‬‫الشرق‬‫االوسط‬
‫الرئيس‬‫التنفيذي‬‫لمجموعة‬‫كبار‬‫الشخصيات‬VIP‫المملكة‬‫المتحدة‬–
FREELANCE CONSULTANT & TRAINER MANAGEMENT
CONSULTING ELIFE COACH @ VIP GROUP EXCELLENC -& EFT
‫مستشار‬‫أول‬‫معتمد‬‫إلدارة‬‫المشاريع‬( CPMC )
)‫التجارية‬‫والصناعية‬‫والخدماتي‬‫ة‬(‫لدى‬- - CPMPC..HRDA
‫رئيس‬‫المجلس‬‫االستشاري‬‫لدى‬‫رابطة‬‫أتحاد‬‫المدربين‬‫العرب‬UATA UNION OF ARAB
TRAINERS ASSOCIATION
CHAIRMAN OF THE BOARD OF DIRECTORS & CEO
‫لدى‬CHAIRMAN OF THE BOARD OF DIRECTORS
GIMP
SWITZERLAND
CEO FOUNDER‫لدى‬‫خبير‬‫اقتصادي‬/‫وإدارة‬‫مشار‬‫يع‬‫تطويرية‬‫معتمد‬