Bitcoin Basics at 1871

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At the heart of a “bankless” currency

BITCOIN BASICS

#bitcoinbasics

¡  Introduction §  Chathri Ali, Managing Partner, talkTECH §  Jonathan Solomon, Founder, Chicago Mint §  Justin Braun, CEO, Scaled Dynamics

¡  Bitcoin Basics Part One §  Vaughn Blake, CMO, CoinMKT

¡  Networking Break ¡  Bitcoin Basics Part Two

§  Vinny Lingham, CEO, Gyft §  Joseph Hsieh, Co-Founder, expresscoin

¡  Creating Your Wallet ¡  Q&A

TODAY’S AGENDA

QUICK INTRO

STATE OF BITCOIN

WHEN DID BITCOIN START?

HOW IS BITCOIN DIFFERENT FROM THE DOLLAR?

HOW IS IT CREATED?

CIRCULATION

SUPPLY VS. DEMAND

CAN I HAZ BITCOINZ?

STORAGE

PART TWO BITCOIN BASICS

SPENDING

SPENDING

SPENDING

SECURITY

LIKE A SECURITY DEPOSIT BOX

¡ PRIVATE KEY

¡ PUBLIC KEY

BEST PRACTICES

¡  A Bitcoin wallet is l ike a wallet with cash. If you wouldn't keep a thousand dollars in your pocket, you might want to have the same consideration for your Bitcoin wallet

¡  In general, it is a good

practice to keep only small amounts of bitcoins on your computer, mobile, or server for everyday uses and to keep the remaining part of your funds in a safer environment

EXERCISE - YOUR FIRST BITCOIN

ONLINE WALLET

EXCHANGE COINS

OFFLINE WALLET

SEND COINS

ASK A QUESTION ON TWITTER!

SPEAKER Q&A

@vinnylingham @webjoe @coinmkt

@CHATHRI @talkTECHComm

@CHICAGOMINT

THANK YOU!

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