4. I’ll tell you
• What the bitcoin is
• How it works
• How it changes our life.
to get you excited about the new currency!
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5. Central Bank Guarantee Currency
• The bank of Japan publishes JPY.
• If the bank of Japan goes bankrupt, JPY worth nothing.
• Recall Zimbabwe dollar hyper inflation.
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6. Bitcoin is P2P, not Needs Central Bank.
• You can pay without any intermediary, broker and bank.
• Everyone shares and can seethe bookkeeping.
• No commission on a transaction.
• If you modify you bookkeeping, everyone else notice it.
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7. Every Transaction Recorded in Blockchain
• The blockchain is the core technology of Bitcoin
• It is the distributed database
• A transaction is immediately broadcasted to the network
• Every transaction is on https://blockchain.info/
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8. Impossible to do Bad about Bitcoin
• RSA-256 (cryptosystem, 1977) is used for every transaction.
• It takes so long time to break.
• Easy to see if a key works.
• Bitcoin is based on the mathematics.
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9. New Coin Issued by Maintaining Blockchain
• By working on hard calculation, a reward is payed.
• This is called mining.
• Severe race to get a reward.
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10. Bitcoin Used More Widely in the World
• Log scale of the number of bitcoin transactions
• In 2008, Satoshi Nakamoto published a paper.
• In 2009, the first bitcoin issued.
• In 2013, the first ATM
in Vancouver, Canada.
• In 2015, 25 US states have
exchanges run by coinbase.
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12. IBM & Microsoft Help Blockchain Business
https://news.bitcoin.com/microsoft-ibm-declare-blockchain-open-business/, February 17, 2016
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13. Conclusion
• Bitcoin is the Unprecedented Currency.
• Get Excited bitcoin changing the World !
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