Bitcoin: Free Money Roger Ver Blockchain
Bitcoin: Free Money “For the first time in the history of the world, anyone can now send or receive any amount of money with anyone else, anywhere, instantly, basically for free, and it is impossible for anyone, including governments, to stop them. ” Why Bitcoin?
Bitcoin: Free Money Good Money
Bitcoin: Free Money How? BlockchainProtocolClient Open and decentralised network Open code and transparent protocol Public record of all transactions
Bitcoin: Free Money Bitcoin in 5 minutes 1. Get a wallet 2. Buy bitcoins 3. Spend bitcoins …and a million other websites
Bitcoin: Free Money Be safe! Bitcoin gives you unprecedented control over your money. That is a great responsibility. -Keep your private keys safe -Make backups -Hold your bitcoins yourself! -Be careful who you trust with your bitcoins
Bitcoin: Free Money Regulation Regulation of exchanges Acceptance of protocol Currency, digital commodity, or prepaid instrument?
Bitcoin: Free Money Growth: Users
Bitcoin: Free Money Valuing Bitcoin: Amazon Amazon grosses $38 billion per year. Assuming a 3% transaction fee, Amazon pays $1 billion a year in transactions fees. Amazon nets $1 billion per year. Amazon could double their profits by doing all transactions in Bitcoin. If the market cap for bitcoin was $38 billion, each bitcoin would be worth $5,400.
Bitcoin: Free Money Valuing Bitcoin: Gambling The online poker market is $4.8 billion a year industry. Online gambling will follow poker and is a $30 billion a year industry If the market cap for bitcoin was $30 billion, each bitcoin would be worth $4,300.
Bitcoin: Free Money Valuing Bitcoin: Gas stations Credit card companies charge gas stations a 2% transaction fee. By eliminating credit card transaction fees, gas station owners could double their profits. The US consumes 65 billion gallons of gasoline per year. At $3.60 per gallon, this could be a $234 billion dollars going through the bitcoin economy's per year. If the market cap for bitcoin was $234 billion, each bitcoin would be worth $34,400 dollars.
Bitcoin: Free Money Valuing Bitcoin: International Remittance International remittance is the transfer of money by a foreign worker to their home country. In 2007, remittance worldwide transferred $300 billion dollars. Western Union fees for remittance can run from about 4 percent to 20 percent or more. If the market cap for Bitcoin was $300 billion, each bitcoin would be worth $42,000.
Bitcoin: Free Money Valuing Bitcoin: Amazon = $5,400 Gambling = $4,300 Gas stations = $34,400 International Remittance = $42,000 Bitcoin adoption world wide = ??????
Bitcoin: Free Money Growth: Price
Bitcoin: Free Money Growth: Merchants
Bitcoin: Free Money Payment network
Bitcoin: Free Money Markets
Bitcoin: Free Money Exchanges: post Gox Transparency - External Audits Proof of reserves - No fractional reserve P2P Exchanges …distributed exchanges?
Bitcoin: Free Money Ecosystem 1. Protocol & client 2. Blockchain & miners 3. Exchanges 4. Payment processors 5. Applications 6. DACs & other promises
Bitcoin: Free Money Cryptocurrencies coinmarketcap.com
Bitcoin: Free Money Startups I angel.co/bitcoin
Bitcoin: Free Money Startups II
Bitcoin: Free Money ATMs
Bitcoin: Free Money Bank integration
Bitcoin: Free Money Mobile
Bitcoin: Free Money Main Street
Bitcoin: Free Money Remittances
Bitcoin: Free Money Philanthropy
Bitcoin: Free Money Micropayments
Bitcoin: Free Money Paypal
Bitcoin: Free Money Zynga
Bitcoin: Free Money Bigpoint Games
Bitcoin: Free Money E-sports
Bitcoin: Free Money History
Bitcoin: Free #IMD_2014