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What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER.

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Presentation on theme: "What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER."— Presentation transcript:

1 What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

2 What is Bitcoin? Anawat Nirunsiroj – Bitcoin advisor fb.com/thaibitcoinminer

3 What is Bitcoin?  Bitcoin definitions  Benefits of Bitcoin  Milestones of Bitcoin FB.com/thaibitcoinminer

4 What is Bitcoin? Bitcoin definitions FB.com/thaibitcoinminer

5  Satoshi Nakamoto Bitcoin is a software-based online payment system FB.com/thaibitcoinminer What is Bitcoin? Bitcoin definitions

6  Eric Schidmt Bitcoin is a remarkable cryptographic achievement FB.com/thaibitcoinminer What is Bitcoin? Bitcoin definitions

7  Richard Branson I think it is working. There will be other currencies like it that may be even better, but in the meantime there’s a big industry around bitcoin. FB.com/thaibitcoinminer What is Bitcoin? Bitcoin definitions

8  Lily Allen FB.com/thaibitcoinminer What is Bitcoin? Bitcoin definitions

9  x86Architecture FB.com/thaibitcoinminer What is Bitcoin? Bitcoin definitions

10 What is Bitcoin? Benefits of Bitcoin  Decentralised  No monetary policy  Transparency  No Taxes in Thailand  No Tracking  Low Transaction Costs  No Risk of “Charge-backs” FB.com/thaibitcoinminer

11 What is Bitcoin? Benefits of Bitcoin  Accepted worldwide FB.com/thaibitcoinminer

12 What is Bitcoin? Benefits of Bitcoin  Also accepted in Thailand FB.com/thaibitcoinminer

13  bitcoin.org - The white paper published - Bitcoin project registered at SourceForge.net  Genesis block mined (Block 0) - First Bitcoin transaction (Satoshi > Hal Finney) - Bitcoin Wallet - Exchange rate published $1 = 1, BTC - First difficulty increase  May the first real-world transaction (2 pizzas for 10,000 BTC) - MtGox established - Bitcoin Pooled mines its first block - Market cap exceeds $1 million USD FB.com/thaibitcoinminer What is Bitcoin? Milestones of Bitcoin

14  Silk Road - 25% of Bitcoin generated - 1 BTC = 1 USD - MtGox sold to Tibanne Co., Ltd.  SatoshiDICE over half of Bitcoin transaction volume - Bitcoin Conference in London  First all time high in 601 days (peak of US$31.91) - Market Cap reach $1 billion - First Bitcoin ATM - MtGox funds seized - FBI shuts down Silk Road  MtGox bankruptcy FB.com/thaibitcoinminer What is Bitcoin? Milestones of Bitcoin

15 What is Bitcoin?  Invest in Knowledge Facebook.com/thaibitcoinminer


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