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A practical guide: How to use Bitcoins?
A practical guide: How to use Bitcoins?
Alex Camargo
alex@apus.digital
Mar 15, 2023
APUS DIGITAL
BAGE – RS – BRAZIL
INSTITUTO FEDERAL SUL-RIO-GRANDENSE
2
I. About me
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Instagram @alexcamargoweb.
3
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
 Introdução às criptomoedas: criando a sua própria
moeda como o Bitcoin. In: FLISOL, Festival Latino-americano
de Instalação de Software Livre (FLISoL), 2022.
A practical guide: How to use Bitcoins? Alex Camargo
4
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
A practical guide: How to use Bitcoins? Alex Camargo
Figure: FLISOL 2022.
5
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
 Introdução às criptomoedas: criando a sua própria
moeda como o Bitcoin. In: FLISOL, Festival Latino-americano
de Instalação de Software Livre (FLISoL), 2022.
 APUSCOIN: Criando uma criptomoeda do zero com
Python e Linux. In: TCHELINUX, Tchelinux Live, 2022.
A practical guide: How to use Bitcoins? Alex Camargo
6
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
A practical guide: How to use Bitcoins? Alex Camargo
Figure: TCHELINUX 2022.
7
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
 Introdução às criptomoedas: criando a sua própria
moeda como o Bitcoin. In: FLISOL, Festival Latino-americano
de Instalação de Software Livre (FLISoL), 2022.
 APUSCOIN: Criando uma criptomoeda do zero com
Python e Linux. In: TCHELINUX, Tchelinux Live, 2022.
 Introdução às criptomoedas: investimento, mercado e
segurança. In: URCAMP, Semana Acadêmica dos Cursos de TI,
2022.
A practical guide: How to use Bitcoins? Alex Camargo
8
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
A practical guide: How to use Bitcoins? Alex Camargo
Figure: URCAMP 2022.
9
III. Introduction
Bitcoin (BTC) is a digital currency that was created in 2009 by an
anonymous person the pseudonym Satoshi Nakamoto.
 BTC operates on a decentralized network, meaning they are
not controlled by any government or central bank.
A practical guide: How to use Bitcoins? Alex Camargo
10
III. Introduction
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Decentralized network.
11
III. Introduction
Bitcoin (BTC) is a digital currency that was created in 2009 by an
anonymous person the pseudonym Satoshi Nakamoto.
 BTC operates on a decentralized network, meaning they are
not controlled by any government or central bank.
 Blockchain uses cryptography to ensure the integrity of the
transactions and prevent fraud.
A practical guide: How to use Bitcoins? Alex Camargo
12
III. Introduction
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Blockchain.
13
III. Introduction
Bitcoin (BTC) is a digital currency that was created in 2009 by an
anonymous person the pseudonym Satoshi Nakamoto.
 BTC operates on a decentralized network, meaning they are
not controlled by any government or central bank.
 Blockchain uses cryptography to ensure the integrity of the
transactions and prevent fraud.
 The supply of bitcoins is limited, with only 21 million bitcoins
in existence.
A practical guide: How to use Bitcoins? Alex Camargo
14
III. Introduction
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Bitcoin deflation.
15
III. Introduction
Bitcoin (BTC) is a digital currency that was created in 2009 by an
anonymous person the pseudonym Satoshi Nakamoto.
 BTC operates on a decentralized network, meaning they are
not controlled by any government or central bank.
 Blockchain uses cryptography to ensure the integrity of the
transactions and prevent fraud.
 The supply of bitcoins is limited, with only 21 million bitcoins
in existence.
 BTC price is highly volatile, and there are risks associated
with its use, such as hacking, theft, and scams.
A practical guide: How to use Bitcoins? Alex Camargo
16
III. Introduction
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Bitcoin volatility.
17
III. Introduction
Bitcoin (BTC) is a digital currency that was created in 2009 by an
anonymous person the pseudonym Satoshi Nakamoto.
 BTC operates on a decentralized network, meaning they are
not controlled by any government or central bank.
 Blockchain uses cryptography to ensure the integrity of the
transactions and prevent fraud.
 The supply of bitcoins is limited, with only 21 million bitcoins
in existence.
 BTC price is highly volatile, and there are risks associated
with its use, such as hacking, theft, and scams.
 The opportunities that this type of currency offers are
still not well known by the public.
A practical guide: How to use Bitcoins? Alex Camargo
18
IV. Steps to use bitcoins
1 - Get a bitcoin wallet:
 A bitcoin wallet is a digital wallet where you store your
bitcoins.
A practical guide: How to use Bitcoins? Alex Camargo
19
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Hot wallet versus cold wallet.
20
IV. Steps to use bitcoins
1 - Get a bitcoin wallet:
 A bitcoin wallet is a digital wallet where you store your
bitcoins.
 You can download a wallet from a reputable provider like
Coinbase, for example.
A practical guide: How to use Bitcoins? Alex Camargo
21
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Using an exchange wallet.
22
IV. Steps to use bitcoins
2 - Purchase bitcoins:
 You can purchase bitcoins on a bitcoin exchange or through a
peer-to-peer marketplace.
A practical guide: How to use Bitcoins? Alex Camargo
23
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Bitcoin versus Gold.
24
IV. Steps to use bitcoins
2 - Purchase bitcoins:
 You can purchase bitcoins on a bitcoin exchange or through a
peer-to-peer marketplace.
 Some popular exchanges are Coinbase, Binance, and
PagCripto (Brazil).
A practical guide: How to use Bitcoins? Alex Camargo
25
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Buying bitcoins using an Brazilian exchange.
26
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Buying bitcoins using an Brazilian exchange.
27
IV. Steps to use bitcoins
3 - Send bitcoins:
 To send bitcoins, you need to have the recipient's bitcoin
address.
A practical guide: How to use Bitcoins? Alex Camargo
28
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Sending bitcoins.
29
IV. Steps to use bitcoins
3 - Send bitcoins:
 To send bitcoins, you need to have the recipient's bitcoin
address.
 You can either scan their QR code or enter the address
manually.
A practical guide: How to use Bitcoins? Alex Camargo
30
IV. Steps to use bitcoins
3 - Send bitcoins:
 To send bitcoins, you need to have the recipient's bitcoin
address.
 You can either scan their QR code or enter the address
manually.
 Once you enter the amount you want to send, the
transaction will be broadcast to the network.
A practical guide: How to use Bitcoins? Alex Camargo
31
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: How does a transaction get into the blockchain?
32
IV. Steps to use bitcoins
4 - Use bitcoins for purchases:
 You can store bitcoins in your digital wallet.
A practical guide: How to use Bitcoins? Alex Camargo
33
IV. Steps to use bitcoins
4 - Use bitcoins for purchases:
 You can store bitcoins in your digital wallet.
 Some merchants accept bitcoins as payment.
A practical guide: How to use Bitcoins? Alex Camargo
34
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: El Salvador makes bitcoin legal tender.
35
IV. Steps to use bitcoins
4 - Use bitcoins for purchases:
 You can store bitcoins in your digital wallet.
 Some merchants accept bitcoins as payment.
 You can pay by scanning a QR code or sending the
bitcoins to the merchant's address.
A practical guide: How to use Bitcoins? Alex Camargo
36
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: How to Use Bitcoin With QR Code.
37
V. Conclusion
In conclusion, using bitcoins can provide a number of benefits,
such as fast and secure transactions, low fees, and freedom
from traditional banking systems.
A practical guide: How to use Bitcoins? Alex Camargo
38
V. Conclusion
In conclusion, using bitcoins can provide a number of benefits,
such as fast and secure transactions, low fees, and freedom
from traditional banking systems.
 However, it's important to take steps to protect your
bitcoins from theft and fraud.
A practical guide: How to use Bitcoins? Alex Camargo
39
V. Conclusion
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Man accidentally threw away $127 million in bitcoin.
40
V. Conclusion
In conclusion, using bitcoins can provide a number of benefits,
such as fast and secure transactions, low fees, and freedom
from traditional banking systems.
 However, it's important to take steps to protect your
bitcoins from theft and fraud.
 And to be aware of the risks and volatility associated with
cryptocurrencies.
A practical guide: How to use Bitcoins? Alex Camargo
41
V. Conclusion
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Bitcoin rocked by collapse of FTX exchange.
42
V. Conclusion
In conclusion, using bitcoins can provide a number of benefits,
such as fast and secure transactions, low fees, and freedom
from traditional banking systems.
 However, it's important to take steps to protect your
bitcoins from theft and fraud.
 And to be aware of the risks and volatility associated with
cryptocurrencies.
 Using bitcoins with merchants that accept them, you
can make the most of this innovative form of digital
currency.
A practical guide: How to use Bitcoins? Alex Camargo
43
References
A practical guide: how to use bitcoins?
https://www.cedrotech.com/blog/practical-guide-how-to-use-bitcoins/
Getting started with Bitcoin
https://bitcoin.org/en/getting-started
Bitcoin for Beginners: What You Need to Know about BTC
https://www.nerdwallet.com/article/investing/what-is-bitcoin
A practical guide: How to use Bitcoins? Alex Camargo

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A practical guide: How to use Bitcoins?

  • 1. A practical guide: How to use Bitcoins? A practical guide: How to use Bitcoins? Alex Camargo alex@apus.digital Mar 15, 2023 APUS DIGITAL BAGE – RS – BRAZIL INSTITUTO FEDERAL SUL-RIO-GRANDENSE
  • 2. 2 I. About me A practical guide: How to use Bitcoins? Alex Camargo Figure: Instagram @alexcamargoweb.
  • 3. 3 II. Presentations Below you will find information on my 3 most presentations about Bitcoin.  Introdução às criptomoedas: criando a sua própria moeda como o Bitcoin. In: FLISOL, Festival Latino-americano de Instalação de Software Livre (FLISoL), 2022. A practical guide: How to use Bitcoins? Alex Camargo
  • 4. 4 II. Presentations Below you will find information on my 3 most presentations about Bitcoin. A practical guide: How to use Bitcoins? Alex Camargo Figure: FLISOL 2022.
  • 5. 5 II. Presentations Below you will find information on my 3 most presentations about Bitcoin.  Introdução às criptomoedas: criando a sua própria moeda como o Bitcoin. In: FLISOL, Festival Latino-americano de Instalação de Software Livre (FLISoL), 2022.  APUSCOIN: Criando uma criptomoeda do zero com Python e Linux. In: TCHELINUX, Tchelinux Live, 2022. A practical guide: How to use Bitcoins? Alex Camargo
  • 6. 6 II. Presentations Below you will find information on my 3 most presentations about Bitcoin. A practical guide: How to use Bitcoins? Alex Camargo Figure: TCHELINUX 2022.
  • 7. 7 II. Presentations Below you will find information on my 3 most presentations about Bitcoin.  Introdução às criptomoedas: criando a sua própria moeda como o Bitcoin. In: FLISOL, Festival Latino-americano de Instalação de Software Livre (FLISoL), 2022.  APUSCOIN: Criando uma criptomoeda do zero com Python e Linux. In: TCHELINUX, Tchelinux Live, 2022.  Introdução às criptomoedas: investimento, mercado e segurança. In: URCAMP, Semana Acadêmica dos Cursos de TI, 2022. A practical guide: How to use Bitcoins? Alex Camargo
  • 8. 8 II. Presentations Below you will find information on my 3 most presentations about Bitcoin. A practical guide: How to use Bitcoins? Alex Camargo Figure: URCAMP 2022.
  • 9. 9 III. Introduction Bitcoin (BTC) is a digital currency that was created in 2009 by an anonymous person the pseudonym Satoshi Nakamoto.  BTC operates on a decentralized network, meaning they are not controlled by any government or central bank. A practical guide: How to use Bitcoins? Alex Camargo
  • 10. 10 III. Introduction A practical guide: How to use Bitcoins? Alex Camargo Figure: Decentralized network.
  • 11. 11 III. Introduction Bitcoin (BTC) is a digital currency that was created in 2009 by an anonymous person the pseudonym Satoshi Nakamoto.  BTC operates on a decentralized network, meaning they are not controlled by any government or central bank.  Blockchain uses cryptography to ensure the integrity of the transactions and prevent fraud. A practical guide: How to use Bitcoins? Alex Camargo
  • 12. 12 III. Introduction A practical guide: How to use Bitcoins? Alex Camargo Figure: Blockchain.
  • 13. 13 III. Introduction Bitcoin (BTC) is a digital currency that was created in 2009 by an anonymous person the pseudonym Satoshi Nakamoto.  BTC operates on a decentralized network, meaning they are not controlled by any government or central bank.  Blockchain uses cryptography to ensure the integrity of the transactions and prevent fraud.  The supply of bitcoins is limited, with only 21 million bitcoins in existence. A practical guide: How to use Bitcoins? Alex Camargo
  • 14. 14 III. Introduction A practical guide: How to use Bitcoins? Alex Camargo Figure: Bitcoin deflation.
  • 15. 15 III. Introduction Bitcoin (BTC) is a digital currency that was created in 2009 by an anonymous person the pseudonym Satoshi Nakamoto.  BTC operates on a decentralized network, meaning they are not controlled by any government or central bank.  Blockchain uses cryptography to ensure the integrity of the transactions and prevent fraud.  The supply of bitcoins is limited, with only 21 million bitcoins in existence.  BTC price is highly volatile, and there are risks associated with its use, such as hacking, theft, and scams. A practical guide: How to use Bitcoins? Alex Camargo
  • 16. 16 III. Introduction A practical guide: How to use Bitcoins? Alex Camargo Figure: Bitcoin volatility.
  • 17. 17 III. Introduction Bitcoin (BTC) is a digital currency that was created in 2009 by an anonymous person the pseudonym Satoshi Nakamoto.  BTC operates on a decentralized network, meaning they are not controlled by any government or central bank.  Blockchain uses cryptography to ensure the integrity of the transactions and prevent fraud.  The supply of bitcoins is limited, with only 21 million bitcoins in existence.  BTC price is highly volatile, and there are risks associated with its use, such as hacking, theft, and scams.  The opportunities that this type of currency offers are still not well known by the public. A practical guide: How to use Bitcoins? Alex Camargo
  • 18. 18 IV. Steps to use bitcoins 1 - Get a bitcoin wallet:  A bitcoin wallet is a digital wallet where you store your bitcoins. A practical guide: How to use Bitcoins? Alex Camargo
  • 19. 19 IV. Steps to use bitcoins A practical guide: How to use Bitcoins? Alex Camargo Figure: Hot wallet versus cold wallet.
  • 20. 20 IV. Steps to use bitcoins 1 - Get a bitcoin wallet:  A bitcoin wallet is a digital wallet where you store your bitcoins.  You can download a wallet from a reputable provider like Coinbase, for example. A practical guide: How to use Bitcoins? Alex Camargo
  • 21. 21 IV. Steps to use bitcoins A practical guide: How to use Bitcoins? Alex Camargo Figure: Using an exchange wallet.
  • 22. 22 IV. Steps to use bitcoins 2 - Purchase bitcoins:  You can purchase bitcoins on a bitcoin exchange or through a peer-to-peer marketplace. A practical guide: How to use Bitcoins? Alex Camargo
  • 23. 23 IV. Steps to use bitcoins A practical guide: How to use Bitcoins? Alex Camargo Figure: Bitcoin versus Gold.
  • 24. 24 IV. Steps to use bitcoins 2 - Purchase bitcoins:  You can purchase bitcoins on a bitcoin exchange or through a peer-to-peer marketplace.  Some popular exchanges are Coinbase, Binance, and PagCripto (Brazil). A practical guide: How to use Bitcoins? Alex Camargo
  • 25. 25 IV. Steps to use bitcoins A practical guide: How to use Bitcoins? Alex Camargo Figure: Buying bitcoins using an Brazilian exchange.
  • 26. 26 IV. Steps to use bitcoins A practical guide: How to use Bitcoins? Alex Camargo Figure: Buying bitcoins using an Brazilian exchange.
  • 27. 27 IV. Steps to use bitcoins 3 - Send bitcoins:  To send bitcoins, you need to have the recipient's bitcoin address. A practical guide: How to use Bitcoins? Alex Camargo
  • 28. 28 IV. Steps to use bitcoins A practical guide: How to use Bitcoins? Alex Camargo Figure: Sending bitcoins.
  • 29. 29 IV. Steps to use bitcoins 3 - Send bitcoins:  To send bitcoins, you need to have the recipient's bitcoin address.  You can either scan their QR code or enter the address manually. A practical guide: How to use Bitcoins? Alex Camargo
  • 30. 30 IV. Steps to use bitcoins 3 - Send bitcoins:  To send bitcoins, you need to have the recipient's bitcoin address.  You can either scan their QR code or enter the address manually.  Once you enter the amount you want to send, the transaction will be broadcast to the network. A practical guide: How to use Bitcoins? Alex Camargo
  • 31. 31 IV. Steps to use bitcoins A practical guide: How to use Bitcoins? Alex Camargo Figure: How does a transaction get into the blockchain?
  • 32. 32 IV. Steps to use bitcoins 4 - Use bitcoins for purchases:  You can store bitcoins in your digital wallet. A practical guide: How to use Bitcoins? Alex Camargo
  • 33. 33 IV. Steps to use bitcoins 4 - Use bitcoins for purchases:  You can store bitcoins in your digital wallet.  Some merchants accept bitcoins as payment. A practical guide: How to use Bitcoins? Alex Camargo
  • 34. 34 IV. Steps to use bitcoins A practical guide: How to use Bitcoins? Alex Camargo Figure: El Salvador makes bitcoin legal tender.
  • 35. 35 IV. Steps to use bitcoins 4 - Use bitcoins for purchases:  You can store bitcoins in your digital wallet.  Some merchants accept bitcoins as payment.  You can pay by scanning a QR code or sending the bitcoins to the merchant's address. A practical guide: How to use Bitcoins? Alex Camargo
  • 36. 36 IV. Steps to use bitcoins A practical guide: How to use Bitcoins? Alex Camargo Figure: How to Use Bitcoin With QR Code.
  • 37. 37 V. Conclusion In conclusion, using bitcoins can provide a number of benefits, such as fast and secure transactions, low fees, and freedom from traditional banking systems. A practical guide: How to use Bitcoins? Alex Camargo
  • 38. 38 V. Conclusion In conclusion, using bitcoins can provide a number of benefits, such as fast and secure transactions, low fees, and freedom from traditional banking systems.  However, it's important to take steps to protect your bitcoins from theft and fraud. A practical guide: How to use Bitcoins? Alex Camargo
  • 39. 39 V. Conclusion A practical guide: How to use Bitcoins? Alex Camargo Figure: Man accidentally threw away $127 million in bitcoin.
  • 40. 40 V. Conclusion In conclusion, using bitcoins can provide a number of benefits, such as fast and secure transactions, low fees, and freedom from traditional banking systems.  However, it's important to take steps to protect your bitcoins from theft and fraud.  And to be aware of the risks and volatility associated with cryptocurrencies. A practical guide: How to use Bitcoins? Alex Camargo
  • 41. 41 V. Conclusion A practical guide: How to use Bitcoins? Alex Camargo Figure: Bitcoin rocked by collapse of FTX exchange.
  • 42. 42 V. Conclusion In conclusion, using bitcoins can provide a number of benefits, such as fast and secure transactions, low fees, and freedom from traditional banking systems.  However, it's important to take steps to protect your bitcoins from theft and fraud.  And to be aware of the risks and volatility associated with cryptocurrencies.  Using bitcoins with merchants that accept them, you can make the most of this innovative form of digital currency. A practical guide: How to use Bitcoins? Alex Camargo
  • 43. 43 References A practical guide: how to use bitcoins? https://www.cedrotech.com/blog/practical-guide-how-to-use-bitcoins/ Getting started with Bitcoin https://bitcoin.org/en/getting-started Bitcoin for Beginners: What You Need to Know about BTC https://www.nerdwallet.com/article/investing/what-is-bitcoin A practical guide: How to use Bitcoins? Alex Camargo