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Bitcoin
vs
bitcoin
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Bitcoin nodes
https://getaddr.bitnodes.io/
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Proof of work
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confirmations
Bitcoin block
transaction,transaction,transaction…
Bitcoin block
transaction,transaction,transaction…
Bitcoin block
transaction,transaction,transaction…
10 minutes 10 minutes
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bitcoin creation
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Determining value?
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Typical early bitcoin adopter• altruism• crypto• security
Geeks
• Against the FED• Hard money
Libertarians
• Deep web• Silk road
Pseudonymous transactions
• Remittances• Microtransactions
People wanting to save on fees
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Bitcoin Ecosystem
Exchanges• USD to
bitcoin
Payment Processors
• bitcoin to USD
Miners• bitcoin
creation
Business accepting
BTC as payment
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Regulation
• Federal vs State • FINCEN• IRS
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Blockchain development
• M of N transactions• Smart contracts • MaidSafe• Colored Coins
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♫ you say you want a revolution.. ♫
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Resources
Satoshi’s white paperBitcoin.orgReddit.com/r/bitcoinBitcointalk.org