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Bitcoin What’s the buzz all about? https://www.flickr.com/photos/jason_benjamin/8631889823

Bitcoin, what's the buzz all about

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Introduction to Bitcoin given at VOC Valkenswaard

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Page 1: Bitcoin, what's the buzz all about

BitcoinWhat’s the buzz all about?

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What is Bitcoin?

• Digital Crypto-currency

• Peer-to-peer transactions

• Worldwide payments

• Low transaction fees

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Bob wants to send money to Alice

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Alice gives Bobher public Bitcoinaddress

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Bob pays the amountto Alice her Bitcoinaddress

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Blockchain networkvalidates the transaction4

Bitcoin transaction schema

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Easy payment system

• Almost direct transfer of money (about 5 minutes)

• Easy for any kind of payments (small or big)

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Your digital walletWeb, Computer or Mobile

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Digital Wallet on PC

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coinbase.com

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Paper walletBring digital money into touchable currency

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My PHPBenelux promo!! Today could be

your lucky dayPHPBNL14 Raffle!You can now participate in the in2it raffle and own 1 BTC, which is about € 660. Just scan the QR code or go to http://in2.se/phpbnl14btc.!!The winner will be announced at the closing of PHPBenelux Conference 2014 on Saturday, January 25 2014. You must be present to win!!!Enter your details at above mentioned website to be eligible for participation.

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Consul'ng)Services)that)stand)out!)As#PHP#professional#services#provider,#in2it#vof#has#a#long#history#of#assis8ng#businesses#to#deploy#and#maintain#their#business#cri8cal#PHP#projects.#With#our#network#of#PHP#professionals#who#share#the#same#vision#as#us,#we#are#able#to#offer#a#selec8on#of#endBtoBend#solu8ons#that#meet#your#requirements#and#are#tailored#to#match#your#business.

Improving)quality)and)performance)Quality#is#the#basic#founda8on#you#can#build#on,#and#assuring#that#your#applica8ons#meet#a#certain#quality#ensures#a#long#term,#maintainable#and#scalable#code#base#resul8ng#in#less#overhead#post#sales.#When#we#talk#about#quality#assurance,#the#keyword#is#indeed#“assurance”.#The#goal#is#to#rest#assured#nothing#is#broken#when#you#leave#the#office#aIer#a#release#and#feel#confident#all#is#good.#And#it’s#easily#achievable.#In2it#can#help#you#get#there.

Training)and)coaching)Get#trained#by#professionals#who#use#PHP#technology#on#a#daily#basis.#Not#only#will#you#get#the#best#training#experience,#but#you’ll#also#get#hidden#8ps#and#tricks#of#the#trade.#PHP#is#in2it#vof’s#core#business#allowing#us#to#stay#on#top#of#what’s#happening#in#the#world#of#PHP.#As#we#are#also#contribu8ng#back#to#the#community,#we#have#good#rela8onships#with#the#people#behind#PHP#and#related#projects.

“By$engaging$the$community$we$stay$ahead$of$our$game,$learn$what$the$future$will$bring$and$listen$to$desires$of$the$community.$

By$being$close$to$the$community$we$succeed$in$our$work,$delivering$quality$services$to$sa<sfied$customers.”$!

—#Michelangelo#van#Dam,#CEO#in2it#VOF

www.in2it.be

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Where do I get Bitcoins?

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Ways to get Bitcoins

• Participate in ad contests

• Buy them on directly online

• Go to market places

• Find a Bitcoin ATM

• Get them from others

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BTCClicks.com

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bitplaats.nl

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Buy and sell Bitcoins on

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ATMFind a BTC ATM abroad

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Get a giftIt’s an awesome gift

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Business value?

• No bank retaining money

• Low transfer fees

• Direct conversion to local currency

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Businesses already accepting Bitcoin

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Paying is easyPoint of Sales apps

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Will it make me rich?Is Bitcoin the new gold?

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Today’s BTC rate $ 459.77 / € 340.49

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Beyond exchange ratesSame as today’s exchange

fluctuations between USD and EUR

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Use Bitcoin wise

• Customers pay for goods and/or services with BTC

• Exchange your day earnings into local currency

• Best the same day to have good exchange rates

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Don’t wait for boomIt might never happen again

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Bitcoin & you?If you like to innovate,

adapt and provide alternatives to customers:

YES

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DON’T IGNORE THE DANGERS OF THE INTERNET!

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Mt.Gox looses Bitcoins!

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Guy looses £4m on hard disk

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Rule of thumb

• Keep your wallet safe!

• Strong passwords

• Offline wallets are better

• Don’t loose your passwords

• Make backups!

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Michelangelo van Dam !

Web Technology Consultant Community Leader Open-source contributor Conference Speaker

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