Bitcoin is an innovative online payment system that functions as a digital currency. It allows for anonymous purchases and cheap international transactions without regulation. Many companies accept bitcoin, though its value fluctuates. Bitcoin provides advantages like lack of transaction fees or third party involvement, but also disadvantages like lack of buyer protection and volatility in its valuation.

1. Presented By
Tamzidul karim
EEE-01306150
Submitted By
Ahmed Haroon
Lecturer,Departmentof Natural Science,PCIU
Port City International University
Excellence In Higher Education
UGC & Govt. Approved university at khulshi in Chittagong
A leading Global University meeting the challenges of the fast changing world

2. WHAT IS BITCOIN ?

3. WHAT IS BITCOIN ?
Bit-coin Is An
Innovative Payment
Network AndA New
Kind Of Money.
Bit-coin Is A Software
Based Online Payment
System.
Digital Currency
Bit-coin Is A Peer To
Peer Virtual Currency

4. WHY BIT COIN?
Bit-coins can be used to buy
merchandise anonymously. In
addition, international payments
are easy and cheap because bit-
coins are not tied to any country
or subject to regulation. Small
businesses may like them
because there are no credit card
fees. Some people just buy bit-
coins as an investment, hoping
that they’ll go up in value.

5. Who uses?
 WordPress.com
 Overstock.com
 Subway
 Microsoft
 Reddit
 Virgin Galactic
 OkCupid
 Namecheap
 Cheapair.com
 Black market
 Expedia.com
 Hacker also use this transaction system.
& more company use this bit-coin

6. CRYPTOCURRENCY
Bit-coin is first implementation of plan
called as cryptocurrency.
Few Other eryto currency is Dash. Black
coin, Litecoin, Ethereum, Ripple,
Namecoin.
Purchase Bitcoins at bitcoin exchange, or
exchange it with some one near you

7. Advantages
No Third-Party Seizure
No Taxes
No Tracking
No Transaction Costs
No Risk of “Charge-backs”
Bitcoins Cannot be Stolen

8. Disadvantages
Bitcoins Are Not Widely Accepted
Wallets Can Be Lost
Bitcoin Valuation Fluctuates
No Buyer Protection
Risk of Unknown Technical Flaws
Built in Deflation
No Physical Form

9. Thank You