Blockchain and bitcoin in numbers
•Download as PPTX, PDF•
1 like•329 views
Some facts and numbers about the blockchain and bitcoin. you might be surprised.
Recommended
More Related Content
What's hot
What's hot (20)
Similar to Blockchain and bitcoin in numbers
Similar to Blockchain and bitcoin in numbers (20)
More from Bellaj Badr
More from Bellaj Badr (10)
Recently uploaded
Recently uploaded (20)
Blockchain and bitcoin in numbers
- 1. Blockchain and Bitcoin by the Numbers
- 3. Bitcoin
- 4. Failure Ecash • ‘1983-1998’ • Failure E-gold ‘1996- 2007’ • Failure Bitcoin isn’t the first virtual currency but the first cryptocurrency Success Bit Gold Success Bitcoin ‘Since 2008’ Designed in 98 Liberty Reserve ‘2006-2013’
- 6. January 3, 2009 : The Genesis Block is mined
- 7. 17K
- 9. ~ 300.000.000 $ Total Market Cap =
- 11. Total currency in circulation • $1,424.92 United States • $1,210.42 Euro area • $856.55 Japan • Bitcoin $300 • $250.80 India (rupee) • $117.05 Russia (rouble) • $103.09 United Kingdom (pound)
- 13. One study estimates bitcoin to use between 0.8 and 4.4 TWh per year. Compare this with the 138TWh per year spent on mining and recycling gold or the 650TWh expended by the global banking system annually
- 15. The computing power of the Bitcoin network is 7468 times higher than the one of the cumulative 500 world supercomputers. Bitcoin X7500
- 16. 200 000$ per week
- 18. It was on May 22 that he reported successfully trading 10,000 BTC for two pizzas, The bitcoins were quoted at $41 at the time of the offer. 10,000 * 17000 =170 000 000 $
- 20. La Bulle A dollar now is worth 4.8 percent of what it was 100 years ago, or about 5 cents in end-of-1916 dollars Increasing US Monetary Base Skyrocketed from 2007 to Now
- 25. 60% of today’s crude oil price
- 26. Bubble? In 2000, we had the dot-com bubble. In 2007, we had the housing bubble. In 2017, we have the everything bubble (real estate, stock market,..).
- 27. • Venezuela • Zimbabwe • Bolivia • Kyrgyzstan • Lebanon • Nepal • Bangladesh • Algeria • Morocco
- 29. THE TRUST MACHINE WHAT IS THE BLOCKCHAIN?
- 30. By 2027, 10% of global GDP is likely to be stored on blockchain platforms. ” Blockchain technologies could reduce banks' infrastructural costs by $15-20bn a year by 2022. Santander ” ” Gartner’s Top 10 Strategic Technology Trends for 2017 ” ” By 2025 : Tax collected for the first time by a government via a blockchain WEF Blockchain has potential to save global financial industry up to $110bn, McKinsey ” ”
- 31. The Chinese Government has just announced that it will be using Blockchain Technology to collect taxes and for electronic invoices in 2019. Dubai work on a national blockchain to provide a series of services for both government entities and private companies. Expected to go live in 2018.
- 34. 25 Central Bank
- 36. TUNISIA 2015, Tunisian poste adopted an internal blockchain system with cryptocurrency (E-dinar) SENEGAL Introduce a Blockchain-Based National Digital Currency eCFA. Announced in 2016, the digital currency will be legal tender just as the current currency, CFA Franc. It will be introduced in all West Africa. SOUTH AFRICA : Barclays Africa and its UK parent company Barclays plc completed the world’s first trade finance transaction using blockchain technology. South African Reserve Bank (SARB) plans to launch a blockchain-based digital version of the South African Rand KENYA : Kenyan Government is implementing Blockchain-based education management system that would make it hard to forge academic certificate NIGERIA : Nigerian government offers support to blockchain development group
- 37. ICO: initial coin offering
- 38. • Ethereum Based BAT ICO Raises $36 Million in 30 Seconds • The Bancor ICO raised $153 million on ethereum in three hours • Aragon Token Sale/ICO raises $25M in 15 minutes • Just over 30 minutes into the sale, the Filecoin team announced that it had garneredraised a total of $252 million in investments.
Editor's Notes
- Bit gold direct precursor to the Bitcoin architecture INTERNET OF MONEY We passed from vitrual currency to cryptocurrency after the adoption of cryptographical tools ecash was conceived by David Chaum as an anonymous cryptographic electronic money or electronic cash system in 1983. October 31, 2008 : The white paper is published November 9, 2009: The Bitcoin Project hits SourceForge January 3, 2009 :The Genesis Block is mined Ecash anonymous cryptographic (DIGICASH Inc.) ‘1983-1998’
- a comment on the instability caused by fractional-reserve banking This detail, "second bailout for banks" could also suggest that the fact a supposedly liberal and capitalist system, rescuing banks like that, was a problem for satoshi . Satoshi has forever written a "powerful message" on the blockchain, starting a new era of money
- Bitcoin is often compared to gold, but gold’s supply = slightly inflationary, bitcoin’s supply = disinflationary going on deflationary. $BTC better set up as a store of value.
- As of 31 December 2015, the Bank for International Settlements provides detailed statistics of the worth of banknotes and coins for 18 major currencies converted to billions of US dollars using the exchange rate at the end of the year.
- and bitcoin looks like a model in efficiency
- 1 hash = 6.35K integer operations 1 integer operation = 2 floating point operations 1 hash = 12.7K floating point operations https://www.top500.org/list/2016/11/?page=5 Bitcoin power
- They keep printing money out of thin air
- The European Union Agency for Law Enforcement Cooperation, formerly known as the European Police Office and the Europol Drugs Unit
- we have the everything bubble because there is a bubble in a bunch of asset classes simultaneously. . Bitcoins, on the other hand, are easy to divide, imperishable, transportable and scarcer than tulips. Dolalr collapse : A $19 trillion U.S. federal debt. Excess liquidity causing inflation or, as is occurring now, asset bubbles. The unsustainable personal debt of U.S. citizens. A massive trade deficit. The strength of emerging market countries, like China. They are becoming less dependent on holding U.S. dollars to keep the value of their currencies low.
- Philisophical answer The blockchain thus acts as a single source of truth, A SINGLE SOURCE OF TRUTH
- According to newly published statements from 7th February by European Commission VP Andrus Ansip, the Commission is planning to grow its “support” for blockchain projects – something that Ansip characterized as an expansion of existing efforts Internet manage information, blockchain manage assets
- https://diarweekly.com/volume-1-issue-6/ https://blog.bitcoin.org.hk/bitcoin-mining-and-energy-consumption-4526d4b56186
- Bitcoin n’est pas sans défaut mais faux faire avec au lieu dinterdir