Is cryptocurrency really the future of money? Bitcoin is the first and most famous cryptocurrency that exploded in late 2013 when the price per Bitcoin exceeded $1200. This is an explanation of what cryptocurrency is and how payments are processed
Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto,Bitcoin is a decentralised electronic currency which is not backed by any other currency as it is a stand-alone currency traded against other currencies.
Bit Coin is the only one of the global online currency. This Presentation mainly about on bitcoin works,how created bitcoin,who is control this,exchanges of this coins,who is established this type of coin.
Is cryptocurrency really the future of money? Bitcoin is the first and most famous cryptocurrency that exploded in late 2013 when the price per Bitcoin exceeded $1200. This is an explanation of what cryptocurrency is and how payments are processed
Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto,Bitcoin is a decentralised electronic currency which is not backed by any other currency as it is a stand-alone currency traded against other currencies.
Bit Coin is the only one of the global online currency. This Presentation mainly about on bitcoin works,how created bitcoin,who is control this,exchanges of this coins,who is established this type of coin.
What is bitcoin? How does it work? How can you make money out of it? The bitcoin basics for Filipinos who want to understand and invest in the new digital currency.
It was my first presentation on cryptocurrency during my sophomore year in college. This presentation covers the basic understanding of cryptocurrency, working of cryptocurrency, bitcoin, blockchain and it's the difference between normal currency and cryptocurrency.
What is cryptocurrency?, Blockchain, Bitcoin, Bitcoin Mining, Facts about Bitcoin Different types of cryptocurrencies, Cryptocurrency in India, Supreme court on cryptocurrency. Advantages and disadvantages of cryptocurrencies, Do we Invest?, Conclusion.
Introduction to Bitcoins and CryptocurrencyUtkarsh Gupta
An approach to introduce Bitcoins and Cryptocurrencies which are believed to change the way we are going to transact in terms of money with one another.
This is a presentation that the CEO of HyperTrends Global Inc. Anup Marwadi (https://www.hypertrends.com) gave to the San Diego's RMA Chapter (https://www.sandiegorma.org/product/san-diego-chapter-dinner-01092019/).
In this presentation, Anup goes over the fundamentals of Blockchain, Hashing, Cryptocurrencies as well as various different applications of the Blockchain as it pertains to the banking sector.
Feel free to share this around.
Welcome to our channel,
A cryptocurrency (or cryptocurrency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions,
control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems. This channel was created to share news and opportunities related to crypto space.
Check our website: https://www.everythingcrypto.club/
Join our private channel group: http://bit.ly/2YoWzFr
Follow us on social media :
Youtube : https://bit.ly/3bkoeiE
Instagram: https://www.instagram.com/everythingincrypto
Telegram : https://t.me/everythingincrypto
vkontakte : https://vk.com/public184024328
Twitter : https://twitter.com/everythingcryp5
Medium : https://medium.com/everythingincrypto
Linkedin: https://www.linkedin.com/company/everythingcrypto
what's cryptocurrency all about?
What's cryptocurrency?
What does cryptocurrency mean?
What does crypto mean?
#everythingcrypto #whatscryptocurrency #cryptocurrency #bitcoin #crypto #ethereum #freecrypto #freebitcoin #earnfreetoken #earnfreebitcoin
A cryptocurrency (or crypto currency) is digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
CoinDesk reveals the key trends, challenges, and opportunities for bitcoin and blockchain technology in 2016.
Reports are available to download for those who are signed up to our research list.
Sign up here: http://www.coindesk.com/newsletter/
Buy our research on the banks and the blockchain here: http://www.coindesk.com/research/banks-blockchain-report/
Get in touch via research@coindesk.com if you'd like to partner with research in the future.
What is bitcoin? How does it work? How can you make money out of it? The bitcoin basics for Filipinos who want to understand and invest in the new digital currency.
It was my first presentation on cryptocurrency during my sophomore year in college. This presentation covers the basic understanding of cryptocurrency, working of cryptocurrency, bitcoin, blockchain and it's the difference between normal currency and cryptocurrency.
What is cryptocurrency?, Blockchain, Bitcoin, Bitcoin Mining, Facts about Bitcoin Different types of cryptocurrencies, Cryptocurrency in India, Supreme court on cryptocurrency. Advantages and disadvantages of cryptocurrencies, Do we Invest?, Conclusion.
Introduction to Bitcoins and CryptocurrencyUtkarsh Gupta
An approach to introduce Bitcoins and Cryptocurrencies which are believed to change the way we are going to transact in terms of money with one another.
This is a presentation that the CEO of HyperTrends Global Inc. Anup Marwadi (https://www.hypertrends.com) gave to the San Diego's RMA Chapter (https://www.sandiegorma.org/product/san-diego-chapter-dinner-01092019/).
In this presentation, Anup goes over the fundamentals of Blockchain, Hashing, Cryptocurrencies as well as various different applications of the Blockchain as it pertains to the banking sector.
Feel free to share this around.
Welcome to our channel,
A cryptocurrency (or cryptocurrency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions,
control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems. This channel was created to share news and opportunities related to crypto space.
Check our website: https://www.everythingcrypto.club/
Join our private channel group: http://bit.ly/2YoWzFr
Follow us on social media :
Youtube : https://bit.ly/3bkoeiE
Instagram: https://www.instagram.com/everythingincrypto
Telegram : https://t.me/everythingincrypto
vkontakte : https://vk.com/public184024328
Twitter : https://twitter.com/everythingcryp5
Medium : https://medium.com/everythingincrypto
Linkedin: https://www.linkedin.com/company/everythingcrypto
what's cryptocurrency all about?
What's cryptocurrency?
What does cryptocurrency mean?
What does crypto mean?
#everythingcrypto #whatscryptocurrency #cryptocurrency #bitcoin #crypto #ethereum #freecrypto #freebitcoin #earnfreetoken #earnfreebitcoin
A cryptocurrency (or crypto currency) is digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
CoinDesk reveals the key trends, challenges, and opportunities for bitcoin and blockchain technology in 2016.
Reports are available to download for those who are signed up to our research list.
Sign up here: http://www.coindesk.com/newsletter/
Buy our research on the banks and the blockchain here: http://www.coindesk.com/research/banks-blockchain-report/
Get in touch via research@coindesk.com if you'd like to partner with research in the future.
Blockchain: the technologies behind Bitcoin, Ethereum, ICO, and moreAaron Li
Beginner level lecture for blockchain. Topics covered: the history and technologies behind Bitcoin, trading, ICO, applications, job opportunities, and more. These are the slides accompanying my online live lecture at BitTiger (Nov 15, 2017).
Video (Chinese): https://www.youtube.com/watch?v=lVVCu_Pxshk
Event page: https://www.bittiger.io/events/2SS4xnfKzKYvwBpPQ
Bitcoin and Blockchain Technology Explained: Not just Cryptocurrencies, Econo...Melanie Swan
The blockchain concept may be one of the most transformative ideas to impact the world since the Internet. It represents a new organizing paradigm for all activity and integrates humans and technology. Cryptocurrencies like bitcoin are merely one application of the blockchain concept. The blockchain is a public transaction ledger built in a network structure based on cryptographic principles so there does not need to be a centralized intermediary. Any kind of asset (art, car, home, financial contract) may be encoded into the blockchain and transacted, validated, or preserved in a much more efficient manner than at present including ideas, health data, financial assets, automobiles, and government documents. Blockchain technology applies well beyond cryptocurrencies, economics, and markets to all venues of human information processing, collaboration, and interaction including art, health, and literacy.
A really simple explanation of Bitcoin and why everyone afraid of it.
My other FinTech presentations:
Bitcoin: http://www.slideshare.net/ishmelev/bitcoin-future
Digital bank: http://www.slideshare.net/ishmelev/digital-bank-eng
Future of bank: http://www.slideshare.net/ishmelev/bank-future
Sixth lesson for the Bitcoin and Blockchain Technology course of Milano Bicocca University (2017)
Video (in Italian) available at https://goo.gl/g65Nzp
There are new and emerging opportunities for organisations in all sectors to create and deliver compelling services for their customers using the power of disruptive innovation. As organisations formulate their plans for the coming months, this paper aims to help business and public sector leaders understand the cultural and organisational challenges that are inevitably brought by the use of blockchain technologies, and provides them with the insights they need to overcome them.
Blockchain: The Information Technology of the FutureMelanie Swan
The blockchain concept may be one of the most transformative ideas to impact the world since the Internet. Cryptocurrencies like bitcoin are merely one application of the blockchain concept. The blockchain is a public transaction ledger built in a decentralized network structure based on cryptographic principles so that any kind of trading, buying and selling of assets does not need to go through a centralized intermediary. Any kind of asset may be encoded into the blockchain and transacted, validated, or preserved in a much more efficient manner than at present including ideas, health data, financial assets, automobiles, and government documents. Venture Capitalists are calling the blockchain the next big investment wave.
The Blockchain - The Technology behind Bitcoin Jérôme Kehrli
The blockchain and blockchain related topics are becoming increasingly discussed and studied nowadays. There is not one single day where I don't hear about it, that being on linkedin or elsewhere.
I interested myself deeply in the blockchain topic recently and this is the first article of a coming whole serie around the blockchain.
This presentation is an introduction to the blockchain, presents what it is in the light of its initial deployment in the Bitcoin project as well as all technical details and architecture concerns behind it.
We won't focus here on business applications aside from what is required to present the blockchain purpose, more concrete business applications and evolutions will be the topic of another presentation I'll post in a few weeks
After enormous cryptocurrencies value gains this year, Blockchain - their underneath algorithm is a topic that gets both a lot of exposure and confusion among developers. In this presentation, I’m going to create a glossary that will guide you in further exploration and sort out your knowledge.
We will discuss not only what Blockchain is but also why it is (or isn’t) the big thing. Everything using easy to grasp JavaScript code examples.
Prepare yourself for surfing on dangerous hype-wave - it’s easy to drown.
Repository of Presentation:
https://github.com/ArturSkowronski/naivechain
Presented:
4Developers Łódź (https://lodz.4developers.org.pl), Kraków, 09.11.2017
KrakowJS (http://conf.krakowjs.pl/), Krakow, 29.09.2017
Cryptocurrency ecosystem focuse on BitCoin and Blockchain - Jones MrushaJones Mrusha
Alias "mBongo" & "BongoCoin" for few years have contributed its fair share on various open & closed forums about #BlockChain technologies and respective potentials on Financial Inclusion in #Africa.
One of the first comments / question you get about #BitCoin is "Who is #Satoshi #Nakamoto & If all is good Why is he hiding?"
I am now 100% convinced one of ways to get regulators comfortable and Public well informed is to move this evangelism to the main stream & give it human faces.
On 31st of March 2016 at Bits and Bytes conference (http://www.bnbconference.co.tz) i presented "Cryptocurrency Eco-system in #Tanzania" this conversation continues here....
Bitcoin Protocols 1.0 and 2.0 Explained in the Series: Blockchain: The Inform...Melanie Swan
We should think about the blockchain as another class of thing like the Internet – a comprehensive information technology with tiered technical levels and multiple classes of applications for any form of asset registry, inventory, and exchange, including every area of finance, economics, and money; hard assets (physical property); and intangible assets (votes, ideas, reputation, intention, health data, information, etc.). In fact the blockchain concept is even more, it is a new organizing paradigm.
– Melanie Swan, Founder, Institute for Blockchain Studies
On the 15th of November I spoke for my favourite audience in the world, friends and family! Ever since I became a speaker on Bitcoin and the Blockchain, some of them have asked me when they could attend a presentation to see and hear what it is all about. So I decided to host something myself and some friends invited their friends too. I had a great evening, thanks everyone!
The almost complete guide explaining Bitcoin, philosophy, history, technology, use, the good/bad, how to buy, trading, and its future.
Thanks a lot for a cup of coffee.... =)
Bitcoin : 1ChyUCv7Qqz5fqfb4QhUsYYGmeMfz99vr7
Bitcoin Cash : 18AH4EyLo7djvfKHuRxjVh1cWPJH93ppAx
Ethereum : 0x449fFDBBcD2328662B67Ba3103ce83834d140bf7
Litecoin: 32XW2vssbd2V2tY1MbsRdRoz4UAUw2G4j6
Dogecoin : A8zoTQk9RauhRDbvEQF1bhB5h7dFtVnveX
Preferred Crypto Exchange : Binance
https://www.binance.com/?ref=10955776
Thank you.
This e-book is a comprehensive guide to crypto-quantum, the revolutionary technology that enables secure communication, data storage, and authentication. It provides an in-depth look at the cryptographic algorithms that make crypto-quantum secure, and how they can be used in a variety of applications. It also covers the basics of quantum computing and its implications for the future of cryptography. With the help of this e-book, you can gain the knowledge and skills to apply this emerging technology to your own projects.
Bitcoin Presentation. Definitions, History of Exchange, Inception, Mining, Problems Solved, Use Cases, Proponents, Criticisms, Regulation, Blockchain Technology, Adoption, On Chain Analysis, and What's Next?
Bitcoin King of The Coins
This book is an educational book for readers of all ages. Interested in learning about Bitcoin?
Well, look no further. This is the book for you!
Bitcoin, King of The Coins, ebook, Bitcoin King of The Coins
#Bitcoin #KingofTheCoins #ebook #BitcoinKingofTheCoins
Bitcoin Crash => Wake up and Smell the tulips - When will the Bitcoin Bubble ...Erik Steiner
The Bitcoin bubble continues to grow - eventually, it will burst. Provides background on underpinnings of currency and money, explains Bitcoin - what it is, how it is produced etc. - examines advantages and disadvantages of Bitcoin, and analyzes the Bitcoin scheme providing substantiation for a Ponzi like effort on part of the anonymous Bitcoin inventors.
#bitcoin
My interest in Bitcoin stems from my ongoing research into failure – personal, corporate, institutional. Having had the opportunity to experience the dot.com bubble firsthand and then three ensuing global financial crises, I was deeply intrigued by the Bitcoin phenomenon and moved to create this presentation.
Bitcoin is a complex topic, covering cryptography, software engineering and economics. It is difficult to grasp its essence with only a superficial look at it. But that is all this article has to offer. We’ll try to answer a few basic questions and wet your appetite for more.
Do you know that the price of a bitcoin started at $0.30? If you had put $100 into bitcoin in 2011, when it was still $0.30, you might have gotten 333 bitcoins. Interestingly, bitcoin's price fluctuates, but on November 10, 2021, it hit an all-time high of $68,990.90. After hearing several success stories of people who bought bitcoin early and eventually saw significant returns on their initial investment, I'm sure you'll agree with me that bitcoin is a viable headwind for achieving a remarkable financial gain in a short period.
Do you know that the price of a bitcoin started at $0.30? If you had put $100 into bitcoin in 2011, when it was still $0.30, you might have gotten 333 bitcoins. Interestingly, bitcoin's price fluctuates, but on November 10, 2021, it hit an all-time high of $68,990.90. After hearing several success stories of people who bought bitcoin early and eventually saw significant returns on their initial investment, I'm sure you'll agree with me that bitcoin is a viable headwind for achieving a remarkable financial gain in a short period.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
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What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
NO1 Uk Divorce problem uk all amil baba in karachi,lahore,pakistan talaq ka m...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
2. DIGITAL
MATH-BASED
ASSET
INTERNET
OF MONEY
DECENTRALIZED
LEDGER
PEER-TO-PEER
NETWORK
• Bitcoin (capital “B”) is a peer-to-peer network that
maintains a public decentralized ledger of digital
math-based assets known as bitcoins (lowercase “b”).
The integrity of this ledger is backed and secured by a
subnetwork of computers (miners) who audit and
archive its transactions for a reward.
• The supply of bitcoins is fixed at 21 million and each
bitcoin can be divided into a hundred million pieces.
• Their ownership cannot be changed within the ledger
without instructions from their current owner that have
been cryptographically authenticated (digital
signatures) by a majority of nodes on the Bitcoin
network. In essence, “sending a bitcoin” is sending
instructions to the network to make a change of
custody in the public ledger.
• These attributes make the Bitcoin network a financial
network, or the “Internet of Money”.
WHAT IS BITCOIN?
3. WHO CREATED BITCOIN?
OCTOBER 31, 2008
Satoshi Nakamoto
publishes white paper
titled Bitcoin: A Peer-to-
Peer Electronic Cash
System via “The
Cryptography Mailing
List”.
JANUARY 3, 2009
Satoshi releases Bitcoin
source code and
software client to the
world.
2009-2010
Satoshi updates the source
code and writes hundreds
of posts totaling 80,000
words (length of a novel).
APRIL 23, 2011
Satoshi vanishes from
the Internet after
emailing a developer
saying he has “moved
onto other things”.
4. WHO CREATED BITCOIN?
• Satoshi Nakamoto is believed to be a pseudonym for
the individual or group of individuals responsible for
Bitcoin. No record of a programmer by this name
exists prior to Bitcoin.
• His P2P Foundation account details say he is a 38-year
old male living in Japan.
• In Japanese satoshi means “clear-thinking” or “wise”,
naka can mean “inside” or “relationship” and moto is
used to describe “the origin” or “the foundation.”
Strung together it reads “thinking clearly inside the
foundation”.
• If an individual, he is a world class programmer with
deep knowledge of C++, economics, cryptography and
peer-to-peer networking.
• He writes in flawless English. His first post used
American spellings; every post thereafter employed
British spellings and British colloquialisms.
• He has read a British newspaper. He embedded Times
of London headline (“The Times 03/Jan/2009
Chancellor on brink of second bailout for banks”) into
first Bitcoin transaction (Genesis Block).
• His timestamps do not reflect a particular timezone.
CLUES
5. PHILOSOPHY
IN CRYPTOGRAPHY WE TRUST
“What is needed is an electronic payment system based on cryptographic proof
instead of trust, allowing any two willing parties to transact directly with each other
without the need for a trusted third party.”
-Satoshi Nakamoto, "Bitcoin: A Peer-to-Peer Electronic Cash System” | October 31, 2008
6. PHILOSOPHY
IN CRYPTOGRAPHY WE TRUST
“The root problem with conventional currency is all the trust that's required to make it work.
The central bank must be trusted not to debase the currency, but the history of fiat currencies
is full of breaches of that trust. Banks must be trusted to hold our money and transfer it
electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.
We have to trust them with our privacy, trust them not to let identity thieves drain our
accounts. Their massive overhead costs make micro-payments impossible.”
-Satoshi Nakamoto, blogpost in P2P Foundation forum | February 11, 2009, 22:27
7. “A group of generals of the Byzantine army camped with their troops around an enemy city.
Communicating only by messenger, the generals must agree upon a common battle plan.
However, one or more of them may be traitors who will try to confuse the others. The problem
is to find an algorithm to ensure that the loyal generals will reach agreement.”
-Marshall Pease, Robert Shosthak and Leslie Lamport, The Byzantine Generals Problem
PROBLEM
HOW TO REACH CONSENSUS IN A DECENTRALIZED SYSTEM
8. BREAKTHROUGH
MINING
Projected Bitcoins
0
13
25
38
50
0
5.5
11
16.5
22
2009 2016 2024 2032 2040 2048 2056 2064 2072 2088 2100 2116 2136
Total BTC in existence (million)
BTC per block
• The Bitcoin “mining algorithm” is the breakthrough that
solved the Byzantine General’s Problem and allows the
network to reach majoritarian consensus as to which
bitcoin transactions are valid and which are not, without
the need for a trusted 3rd party.
• Mining ensures "digital scarcity" in a decentralized system
by preventing the same bitcoin from being spent twice by
the same person (i.e., it solves the double-spend
problem).
• By dedicating computing power to solving the mining
algorithm, miners act as the network's scrupulous
accountants.
• For their efforts, miners are rewarded with newly minted
bitcoins (or very small transaction fees) roughly in
proportion to the computing power they provide.
• Mining makes decentralization possible by taking all of
the costs associated with centralized trusted 3rd
parties out of the system, giving the Bitcoin network
and bitcoin the asset its technological intrinsic value.
10. Scarce Durable Portable Divisible
Authenticity
Verification
Storage Fungible
Difficult to
Counterfeit
Widespread Use
Gold
Bitcoin
COMMODITY: BITCOIN VS GOLD
YES
NEUTRAL
NO
11. COMMODITY: BITCOIN VS GOLD
• Scarce: The supply of bitcoin is more fixed than the supply of gold. While
gold can still be found on earth and possibly mined on asteroids, there will
never be more than 21 million bitcoins minted.
• Durable: Due to its decentralized and distributed public ledger, Bitcoin
could survive a nuclear attack, whereas Ft. Knox could not. Gold boils at
2,856°C (5,127°F), while the temperature of a nuclear explosion is
~100,000,000°C (~180,000,000°F) or 10x the surface temperature of the
sun. Moreover, there are plans to launch a Bitcoin node with the public
ledger into space via satellite.
• Portable: Any amount of bitcoin can be sent around the world instantly
and for free with a data connection. Gold is heavy, and transporting large
quantities requires infrastructure (i.e., armored truck, bonded guards) and
customs declarations if cross-border.
• Divisible: A bitcoin can be divided into 100 million pieces. Gold must be
smelted, which is possible but not easy. Gold cannot be divided into
infinitesimal amounts.
• Authenticity Verification: A bitcoin is digital, therefore, it must be
identified in the public ledger by software. Gold requires a trained eye or
chemical test.
• Storage: Private keys that control bitcoin ownership can be stored on
paper, in your brain (brain wallet) or on a USB stick. Storing large quantities
of gold requires infrastructure (i.e., safe or vault).
• Fungible: At the moment, all bitcoins are treated equally. Chemically, gold is
equal, but purity levels vary and gold bars must be weighed to detect
counterfeit authority stamps.
• Difficult to Counterfeit: It is mathematically impossible to counterfeit a
bitcoin, and the possibility of a “double spend attack” remains remote and
highly unlikely. Gold cannot be counterfeited, but gold bars can be
tampered with, and vaults don’t generally test every bar.
• Widespread Use: Once a medium of exchange, today gold serves almost
entirely as a store of value with a small percentage of it used in jewelry and
industrial applications. Bitcoin does not currently have widespread
adoption as a medium of exchange, however, large scale retailers are
beginning to accept it as a form of payment. Many institutional and
professional investors have added bitcoin to their portfolios alongside gold
and other commodity/capital asset holdings.
*If 51% of miners agreed to change the supply, they could. This, however, is
viewed as be unlikely given that this would decrease the value of bitcoin, and
thereby decrease the profits of miners.
12. Scarce Durable Portable Divisible
Authenticity
Verification
Storage Fungible
Difficult to
Counterfeit
Widespread Use
Fiat
Bitcoin
CURRENCY: BITCOIN VS FIAT
YES
NEUTRAL
NO
13. CURRENCY: BITCOIN VS FIAT
• Scarce: Bitcoin's supply is fixed at 21M; fiat’s is not. Since 2008, the Fed
has more than tripled the U.S. Monetary Base with its quantitative easing
policies.
• Durable: Bitcoins have been lost or stolen, but never destroyed. Fiat
currency can be easily lost, stolen, or destroyed, however, damaged bills
can be replaced without loss of value. With proper backup, bitcoins can
last forever.
• Portable: Bitcoins are digital, therefore, any amount can easily be
transported over any distance with an internet/data connection for free. It
is relatively easy to transport cash up to a certain amount (i.e., wallet),
however, larger amounts can require infrastructure (i.e., armored truck),
customs declarations for cross-border transportation and/or instruments
(i.e., debit/credit cards and their fees).
• Divisible: One bitcoin can be divided into 100 million pieces; the USD, for
example, is divisible into 100 pieces (i.e., penny).
• Authenticity Verification: Bitcoins are digital, therefore, they must be
identified in the public ledger by software; the USD is easily identifiable by
eye or chemical tests (i.e., markers).
• Storage: Private keys that control bitcoin ownership can be stored on
paper, in your brain (brain wallet) or on a USB stick. You can only store a
limited amount of fiat before requiring infrastructure (i.e., mattress, bank
vault).
• Fungible: At the moment, all bitcoins are treated equally, as are fiat
denominations that are equivalent to one another.
• Difficult to Counterfeit: It is mathematically impossible to counterfeit a
bitcoin, and a “double spend attack” has never been successfully
perpetrated. Fiat currencies have dealt with counterfeiting since their
inception.
• Widespread Use: Fiat money achieves status of legal tender via
government decree. As a result, merchants must accept it and citizens must
settle their taxes with it. Bitcoin is ~5 years old and does not currently have
widespread adoption, however, large scale retailers are beginning to accept
it as a form of payment. Many institutional and professional investors have
added bitcoin to their portfolios alongside gold and other commodity/
capital asset holdings.
14. net·work: a system of devices that are connected to each other.
TECHNOLOGY: A NETWORK
Global
computer
network
INTERNET
Server-
based
network
AMAZON
Peer-to-
peer
network
BITCOIN
15. pro·to·col: (computer science) a set of rules or procedures for transmitting data between electronic
devices, such as computers.
INTERNET
Internet Protocol
Suite (TCP/IP)
WEBPAGES
(HTTP)
EMAIL
(SMTP/IMAP)
VOICE
(VoIP)
BITCOIN
(MoIP)
TECHNOLOGY: A PROTOCOL
17. TELECOMMUNICATIONS
Packet-switching networks like the Internet, digitize and
transmit voices via real-time data packets over protocols like
the Voice over Internet Protocol (VoIP), for free (e.g., Skype).
Circuit-switching telephone networks convert voices into
electronic signals and transmit them over costly,
duopolistic infrastructure (e.g., AT&T).
20. • March 25, 2013 - Cypriot Financial Crisis: “The shot
heard round the world”.
• Cyprus freezes all bank accounts, restricting all
withdrawals and transfers of money.
• €10B Eurozone bail-out contingent upon a Cyprian
bail-in or haircut of 40% or more on all domestic
bank accounts > €100K (including those insured).
• March to June of 2013 - Cyprus faces greatest risk of
stagflation and greatest drop in Eurozone bank
deposits (-15.68% or -€10B).
• Crisis introduces bitcoin to the world as an asset
class immune to bail-ins and fiscal mismanagement;
price of a bitcoin increases 10x.
IMPLICATIONS: CYPRUS
2013 USD/BTC Exchange Rate
0
75
150
225
300
Jan Feb Mar April May June
Cyprus bail-in
announced
21. • April 5, 1933 - President Roosevelt signs Executive
Order 6012 “forbidding the hoarding of gold coin,
gold bullion and gold certificates within the
continental United States”.
• A bitcoin lives in a distributed public ledger and is
associated with a specific 256-bit private key, the
possession of which determines its ownership.
• A private key can be stored in your memory (i.e.,
brain wallet), making it and the bitcoins associated
with it difficult to appropriate.
IMPLICATIONS: UNITED STATES
22. 2013 - Capital
controls are
tightened
annually, while
inflation climbs
to over 20%
IMPLICATIONS: ARGENTINA
The spot price
of bitcoin in
Argentina is
38% higher than
its spot price on
global
exchanges
June 2013 -
Bitcoin client
downloads
double in one
month where it
stays the same or
less in other
countries
2002 - The
Argentine
government
introduces capital
controls due to
dwindling reserves
23. IMPLICATIONS: ZIMBABWE
• 1999 - Zimbabwe president Robert Mugabe begins
redistributing private farm land, leading to a steep
drop in economic productivity.
• 2000 - Mugabe prints an excessive amount of
money to finance the Second Congo War, spending
~$22M per month.
• 2008-2009 - Inflation climbs to an alleged 6.5
sextillion percent.
• 2009 - Zimbabwe abandons the Zimbabwean
Dollar (Z$) and does not replace it with another
fiat currency.
• Bitcoin is decentralized system which adheres to a
strict set of rules and parameters - requiring a
majority network consent to change - making it
more immune to this type of manipulation and
mismanagement.
24. • M-PESA is a private, mobile phone-based centralized
currency that facilitates money transfers
• Used by over 35M people in Kenya, Tanzania, South
Africa, Afghanistan and India
• Users can buy and sell prepaid cellphone “minutes”
and transfer them to pay bills, satisfy debts and make
purchases
• Volume-based fee structure of ~1-15% (the smaller the
transactions, the larger the fee percentage)
• In 2011, $10B (30% of Kenya’s GDP) was transferred
via M-PESA on mobile phones
• Bitcoin payments, including micro-payments, are
instant and free
9%
32%
5% 7%
47%
M-PESA
DIRECT DEPOSIT
OTHER
HAND
BUS
How people in Kenya send money
after the introduction of M-PESA
IMPLICATIONS: KENYA
25. IMPLICATIONS: UNITED STATES
• 2008 - Global Financial Crisis
• 2009-2014 - The U.S. Federal Reserve more
triples the monetary base in five years.
• Inflation remains low, however, much of this
newly minted money is not in the system
yet.
• Outcome of these policies remains to be
seen.
• Bitcoin’s supply is fixed at 21M BTC.
St. Louis Adjusted Monetary Base
0
1000
2000
3000
4000
1984 1988 1992 1996 2000 2003 2005 2007 2009 2011 2013
Reserves (US$ billion)
US Recession
27. POSSIBILITIES: REMITTANCES
• In 2012 remittances hit an all
time high of $534B.
• On average, global remitters
pay an 8.3% transfer fee, with
some inter-African remittance
fees as high as 30%.
• Bitcoin can be sent for free and
instantly around the world with
a data or Internet connection.
World Bank Global Remittance Inflows 2013
0
20
40
60
80
India China Philippines Mexico France Nigeria Egypt
Share of GDP (%)
Remittance Inflows (US$ billion)
Average transfer fee* (%)
5.46.247.5
4.415.76
7.92
4.76
202121.6422
26
60.18
71
*Transfer fees based on sending US$200 from US and selecting the quickest option
28. • 2.5 Billion adults (half the global
population) are underbanked/
unbanked.
• 2/3 of the unbanked do not have
enough money to use a bank.
• A Bitcoin wallet allows anyone to send
and receive money, much like a bank
account, only quicker and without fees.
• A Bitcoin wallet is free - all you need is
Internet access or a data connection.
POSSIBILITIES:
BANK THE UNBANKED
World Bank Financial Inclusion 2011
0
22.5
45
67.5
90
U.S. China Brazil Russia Kenya India Afghanistan Niger
Account at a formal financial institution (% age 15+)
29. • PayPal defines a micropayment as anything less than $12
USD, while Visa defines them as less than $17 USD.
• Research shows that consumers are more willing to spend
money on incremental payments as opposed to
subscriptions, however, payments less than $2 USD are
impractical given the costs of the current global banking
system
• Bitcoin allows for true micropayments (even less than
$0.01 USD) giving consumers a more dynamic and fairer
offering, thereby increasing revenues and decreasing IP
theft (e.g., individual article paywalls vs. monthly
subscription paywalls)
• True micropayments would facilitate an economy of
micro consumption (e.g., virtual goods, in-app purchases,
gaming credits, etc.).
POSSIBILITIES:
MICROPAYMENTS
Forecast of Subscription and Microtransaction
Revenue in North Amwerica and European
MMO/MOG Markets (US$ million)
0
1250
2500
3750
5000
2007 2008 2009 2010 2011 2012 2013 2014 2015
Subscriptions Microtransactions
30. POSSIBILITIES:
EXCHANGE-TRADED FUND
FRICTIONLESS
Buying bitcoin
isn’t easy and
requires
technological
proficiency
ETF can
bypass these
pain-points
SECURE
Storing bitcoin
securely takes
expertise
ETF can
offload this
security
burden
ACCESSIBLE
Pension funds,
mutual funds,
401k’s cannot
hold bitcoin
(or gold)
ETF can give
mainstream
and institutional
investors
bitcoin
exposure
31. “Our agency approaches the issue of virtual currencies
without any prejudgements. A lot of people initially
react to a very outside-the-box idea like virtual
currencies with immediate skepticism. I think we
should resist being completely overtaken by that urge.
It’s hard to say precisely what the future holds for
virtual currency and its associated technology.
Currently, there is not widespread adoption of virtual
currencies among the general public. And some doubt
whether there will ever be. But the same has been said
about many other technologies that have since
become everyday features of our lives. It’s generally a
difficult proposition for financial regulators to forecast
technological trends. It’s not something we do
particularly well…Indeed, virtual currency could
ultimately have a number of benefits for our financial
system. It could force the traditional payments
community to “up its game” in terms of the speed,
affordability, and reliability of financial transactions.
-Ben Lawsky, Superintendent, New York State Department
of Financial Services (NYSDFS)
POSSIBILITIES: REGULATION
32. FUTURE
Imagine if you could take a time machine back to the early days of the Internet:
how would you act differently?
33. REFERENCES IMAGES
Page 3: Satoshi White Paper
Page 4: New Yorker, Motherboard, Fast Company
Page 6: P2P Foundation
Page 8: Bitcoin Wiki
Page 10-13: The Genesis Block
Page 20 BlockChain.info
Page 24: Groupe Speciale Mobile Association (GSMA)
Page 25: St. Louis Fed
Page 27: The World Bank, Send Money Africa
Page 28: The World Bank
Page 29: Digital Media Academy
Page 31: New York Department of Financial Services
Page 1: Stock
Page 3-4: Flickr | Stig Nygaard
Page 5-6: Flickr | Dennis Gerbeckx
Page 7: Joey De Villa
Page 8: Wikipedia
Page 9: Stock
Page 14: Getty | Chris Cheadle
Page 15: Seinit, Stock, Stock, Stock, Unknown
Page 16: Unknown, 9to5Mac
Page 17: Flickr | Kevin Meredith, iMore
Page 18: Getty, Stock, Getty
Page 19: Stock
Page 20: Flickr | fragglerocks
Page 21: Wikipedia
Page 22: Flickr | Rod Waddington
Page 23: Wikipedia
Page 24: Think M-PESA
Page 25: Flickr | Steve Thompson
Page 26: DiMola Bros, Oxfam, Unknown
Page 30: Unknown
Page 31: Mike Stimpson
Page 32: Getty
Page 33: Flickr | Pearled