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Wtf bitcoin - CodeCore Community Week with Frederick Heartline
The document provides an overview of Bitcoin, its core technology, and various opportunities in the cryptocurrency space. It emphasizes the significance of blockchain technology and highlights essential protocols such as Ethereum and Ripple. Key topics also include the volatility of Bitcoin and recommendations for investment strategies.
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Wtf bitcoin - CodeCore Community Week with Frederick Heartline
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- 2. Topics -Who be me? -Bitcoinoverview -Core technology -Blockchain -Bitcoin 2.0 protocols and platforms -Major opportunities -Q&A Period
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- 5. Micropayments: -Credit cards @3-5% -Bitcoin <0.01%
- 9. decentral = hacker lounge+ incubator #laptops #open
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- 20. âVirtual currencies, perhapsmost notably Bitcoin, have captured the imagination of some, struck fear in among others, and confused the heck out of the rest of us.â -Senator Tom Carper (D-DE)
- 21. word of mouth = organicgrowth
- 22. Volatility Issue: -Last 14days between $339-538
- 25. Mt. Gox Fiasco -atitan -a dead titan -centralized = vulnerable -bitcoin resilience
- 27. Recommended: -1 BTC perperson -or 1/5th of RRSP or 401k (high risk portion)
- 28. Opportunity: -retail (ATMs) -wholesale -buy andhold (cap gains) -other financial products & offshoots (owning bank)
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- 33. Bitcoin Programming Language: -core= C++ -clients: java and python are popular -open source
- 34. What is theBlockchain? http://youtu.be/QzDO4oZWtE
- 35. Bitcoin 2.0 Protocols: -ColoredCoins -Mastercoin -Ripple -Monetas (âOpen Transactionsâ) -Ethereum -Counterparty -Protoshares
- 36. Your Major Opportunities: -Appsthat utilize blockchain technology -Decentralizing everything
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