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Image credits: USA TODAY Research Kevin A. Kepple and Jeff Dionise, USA TODAY
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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!