What is Bitcoin?.

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Presentation transcript:

What is Bitcoin?

What Is Bitcoin Exactly? Bitcoin is a global payment system Bitcoin uses peer-to-peer technology

Why Is Bitcoin Valuable? Precious Commodity Spendable Currency Technology

Why Trust Bitcoin? Peer-to-Peer Network No Chargebacks Push Only Network Safe & Secure

How Can I Acquire Bitcoin? BUY IT via Currency Exchange. Coinbase is an FDIC Insured US company that makes it easy to convert your local currency into and out of bitcoin. EARN IT by selling your services.

Benefits for Merchants Save Money Avoid Fraud Integrate Easily Transact Globally

Heard of BitPay? Charge $1, Get $1.

Who Is Accepting Bitcoin?

How Are Bitcoins Stored? Digital “wallet” Public vs Private Keys Your bitcoin cannot be stolen.

Using Bitcoin Is Easy! On Android download Mycelium On iOS download the Bread Wallet All it takes is an app and a public address like this >>>

Why Should I Use Bitcoin? Payment freedom – Send and receive any amount of money instantly. No fees – There are no fees to receive bitcoin. Fewer risks – Bitcoin transactions are secure and do not contain customer’s sensitive or personal information. Security and control – Bitcoin users are in full control of their transactions. @BitBasics BitBasics.org