bitcoin, what's the buzz all about
DESCRIPTION
Introduction to Bitcoin given at VOC ValkenswaardTRANSCRIPT
BitcoinWhat’s the buzz all about?
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What is Bitcoin?
• Digital Crypto-currency
• Peer-to-peer transactions
• Worldwide payments
• Low transaction fees
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Bob wants to send money to Alice
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Alice gives Bobher public Bitcoinaddress
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Bob pays the amountto Alice her Bitcoinaddress
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Blockchain networkvalidates the transaction4
Bitcoin transaction schema
Easy payment system
• Almost direct transfer of money (about 5 minutes)
• Easy for any kind of payments (small or big)
Your digital walletWeb, Computer or Mobile
Digital Wallet on PC
coinbase.com
Paper walletBring digital money into touchable currency
My PHPBenelux promo!! Today could be
your lucky dayPHPBNL14 Raffle!You can now participate in the in2it raffle and own 1 BTC, which is about € 660. Just scan the QR code or go to http://in2.se/phpbnl14btc.!!The winner will be announced at the closing of PHPBenelux Conference 2014 on Saturday, January 25 2014. You must be present to win!!!Enter your details at above mentioned website to be eligible for participation.
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Consul'ng)Services)that)stand)out!)As#PHP#professional#services#provider,#in2it#vof#has#a#long#history#of#assis8ng#businesses#to#deploy#and#maintain#their#business#cri8cal#PHP#projects.#With#our#network#of#PHP#professionals#who#share#the#same#vision#as#us,#we#are#able#to#offer#a#selec8on#of#endBtoBend#solu8ons#that#meet#your#requirements#and#are#tailored#to#match#your#business.
Improving)quality)and)performance)Quality#is#the#basic#founda8on#you#can#build#on,#and#assuring#that#your#applica8ons#meet#a#certain#quality#ensures#a#long#term,#maintainable#and#scalable#code#base#resul8ng#in#less#overhead#post#sales.#When#we#talk#about#quality#assurance,#the#keyword#is#indeed#“assurance”.#The#goal#is#to#rest#assured#nothing#is#broken#when#you#leave#the#office#aIer#a#release#and#feel#confident#all#is#good.#And#it’s#easily#achievable.#In2it#can#help#you#get#there.
Training)and)coaching)Get#trained#by#professionals#who#use#PHP#technology#on#a#daily#basis.#Not#only#will#you#get#the#best#training#experience,#but#you’ll#also#get#hidden#8ps#and#tricks#of#the#trade.#PHP#is#in2it#vof’s#core#business#allowing#us#to#stay#on#top#of#what’s#happening#in#the#world#of#PHP.#As#we#are#also#contribu8ng#back#to#the#community,#we#have#good#rela8onships#with#the#people#behind#PHP#and#related#projects.
“By$engaging$the$community$we$stay$ahead$of$our$game,$learn$what$the$future$will$bring$and$listen$to$desires$of$the$community.$
By$being$close$to$the$community$we$succeed$in$our$work,$delivering$quality$services$to$sa<sfied$customers.”$!
—#Michelangelo#van#Dam,#CEO#in2it#VOF
www.in2it.be
Where do I get Bitcoins?
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Ways to get Bitcoins
• Participate in ad contests
• Buy them on directly online
• Go to market places
• Find a Bitcoin ATM
• Get them from others
BTCClicks.com
bitplaats.nl
Buy and sell Bitcoins on
ATMFind a BTC ATM abroad
Get a giftIt’s an awesome gift
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Business value?
• No bank retaining money
• Low transfer fees
• Direct conversion to local currency
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Businesses already accepting Bitcoin
Paying is easyPoint of Sales apps
Will it make me rich?Is Bitcoin the new gold?
Today’s BTC rate $ 459.77 / € 340.49
Beyond exchange ratesSame as today’s exchange
fluctuations between USD and EUR
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Use Bitcoin wise
• Customers pay for goods and/or services with BTC
• Exchange your day earnings into local currency
• Best the same day to have good exchange rates
Don’t wait for boomIt might never happen again
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Bitcoin & you?If you like to innovate,
adapt and provide alternatives to customers:
YES
DON’T IGNORE THE DANGERS OF THE INTERNET!
Mt.Gox looses Bitcoins!
Guy looses £4m on hard disk
Rule of thumb
• Keep your wallet safe!
• Strong passwords
• Offline wallets are better
• Don’t loose your passwords
• Make backups!
Michelangelo van Dam !
Web Technology Consultant Community Leader Open-source contributor Conference Speaker
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If you liked my talk… share some coins