Tinnovation: Bitcoin Special

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Transcript of Tinnovation: Bitcoin Special

Tinnovation is our weekly R&D session led by nubbin

Tinnovation: Bitcoin* Special

*other cryptocurrencies are available

Introduction

Source: weusecoins.com

Mining Bitcoins?

Digital Wallets

7,500 btc = £4,000,000

Trading coins

So why are Bitcoins good?

Direct transaction between parties No bank account required No fees Anonymous

And why are they risky?

Transactions are final Lose them, they’re lost Fluctuating markets Security

What can you buy with them?

overstock.com first major retailer to accept Bitcoins

Market capitalisation

$10,210,171,250

Alt(ernative) Coins

Coinye West!

Q&A

Case study - Mining

Case study - Trading

So who wants some!?