Date post: | 27-Jun-2015 |
Category: |
Internet |
Upload: | digitalwinners |
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1970s 1990s 2010s
“Bitcoin is a technological tour de force.” “It is better than currency.”
- Bill Gates
“Bitcoin offers a sweeping vista of opportunity to reimagine how the financial system can and should work in the Internet era.”
- Marc Andreesen, Netscape co-founder and VC
“I’m a big fan of Bitcoin.” - Al Gore, former US Vice President
“Bitcoin is a remarkable achievement and the ability to create something that is not duplicable in the digital world has enormous value.”
- Eric Schmidt, Executive Chairman of Google
The Bitcoin BlockchainBlock 1!
50 bitcoins are issued to A
Block 2!A sends 2 bitcoins to B A sends 4 bitcoins to C
Block 3!B sends 1 bitcoin to C
C sends 1.4 bitcoins to A
Etc.
Card payment transaction fees: €125 Billion!!
Card payment fraud cost: €80 Billion
Bitcoin is Money for the
Internet
Bitcoin Payments Cost
Less
Fees
0%
1%
2%
3%
4%
5%
Traditional Payments€ 0,00
€ 0,04
€ 0,08
€ 0,12
€ 0,16
€ 0,20
Bitcoin
Regular Payments
Block Dozens of Markets
Traditional Payments
Bitcoin
Bitcoin Knows No Borders
Bitcoin Payments Are
Easier
Step
s to
pay
0
1
2
3
4
5
6
7
8
Traditional Payments Bitcoin
Ronald Receives
Money Transfers in Uganda
Fees
0%1%2%3%4%5%6%7%8%9%
Traditional Transfers€ 0,00€ 0,02€ 0,04€ 0,07€ 0,09€ 0,11€ 0,13€ 0,16€ 0,18€ 0,20
Bitcoin
Bitcoin can save €160 Billion!
per year
And financially include 50%!
of the global adult population
Renato Crowdfunds His Coffee Trading
Business
Self-enforcing Bitcoin
Blockchain Contracts
0.00000001 bitcoin
Company shares
Wallet
Share A
Contract
Coffee price 100%
Coffee price 50%