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Name : ARNAV MORE
STD : IX
Roll no. : 26
DIV : E
TOPIC : BITCOIN
Which currency will you choose ?
The RBI Bank makes these notes for us then the cycle
continues.
But in case of Bitcoin , anyone can make it through
computers, mine it and use it for various means like
the way we use notes
What is a Bitcoin?
Bitcoin is a digital and global money system (currency) used for
online transactions.
SPECIAL FEATURES
The code of Bitcoin is so difficult
that it can’t be hacked by no one,
so there is no chance of robbery.
And during exchange of bitcoins
no one could see what transaction is happening , like the way of
notes. It remains a secret.
Who made the Bitcoin?
Bitcoin was invented by an
unknown person
or group of people under
the name Satoshi Nakamoto
and released as open-source software in 2009.
9 years have used using Bitcoins yet The person or that
group is not been revealed.
How Bitcoin is mined? How it is used?
Bitcoin is a file document having a code.
The first mining was done by the way of a Lottery system.
There were the most toughest
ever mathematical problems,
launched by Satoshi Nakamota
and the winners gets a share of
some bitcoins.
And as the winners gets increased , the bitcoins increase and the problems
gets more and more tougher.
In this way the bitcoins spread to all over the world, either by lottery
system or buying bitcoins from someone
Bitcoins are only used in online services of buying any product.
Bitcoins value , TODAY?
When it was started in 2009, its
value was $ 0
By the time of 2010,it was still at
a price of it was 25 cents
means Rs 10.
But as it spread all over the
world its growth increased at a very high rate( 87,000%)
Means the Bitcoin whose price was Rs 100 in 2012 has increased
up to 1 Bitcoin = Rs 87,000 ,today, because of constant use of it.
And the Bitcoin can anytime be converted into real money safely and very
easily.
BITCOINS
Bitcoin is very
much profitable
and important & hence
it is used in many countries like The USA,
Denmark, China.
But in our country, the RBI has not yet granted the
permission, hence it is illegal in India.
What do you think that India
s should acquire the technology
of Bitcoin or not ?
THANK YOU

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Bitcoin presentation

  • 1. Name : ARNAV MORE STD : IX Roll no. : 26 DIV : E TOPIC : BITCOIN
  • 2. Which currency will you choose ? The RBI Bank makes these notes for us then the cycle continues. But in case of Bitcoin , anyone can make it through computers, mine it and use it for various means like the way we use notes
  • 3. What is a Bitcoin? Bitcoin is a digital and global money system (currency) used for online transactions. SPECIAL FEATURES The code of Bitcoin is so difficult that it can’t be hacked by no one, so there is no chance of robbery. And during exchange of bitcoins no one could see what transaction is happening , like the way of notes. It remains a secret.
  • 4. Who made the Bitcoin? Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. 9 years have used using Bitcoins yet The person or that group is not been revealed.
  • 5. How Bitcoin is mined? How it is used? Bitcoin is a file document having a code. The first mining was done by the way of a Lottery system. There were the most toughest ever mathematical problems, launched by Satoshi Nakamota and the winners gets a share of some bitcoins. And as the winners gets increased , the bitcoins increase and the problems gets more and more tougher. In this way the bitcoins spread to all over the world, either by lottery system or buying bitcoins from someone Bitcoins are only used in online services of buying any product.
  • 6. Bitcoins value , TODAY? When it was started in 2009, its value was $ 0 By the time of 2010,it was still at a price of it was 25 cents means Rs 10. But as it spread all over the world its growth increased at a very high rate( 87,000%) Means the Bitcoin whose price was Rs 100 in 2012 has increased up to 1 Bitcoin = Rs 87,000 ,today, because of constant use of it. And the Bitcoin can anytime be converted into real money safely and very easily.
  • 7. BITCOINS Bitcoin is very much profitable and important & hence it is used in many countries like The USA, Denmark, China. But in our country, the RBI has not yet granted the permission, hence it is illegal in India. What do you think that India s should acquire the technology of Bitcoin or not ?