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What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

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Page 1: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

What is Bitcoin?ANAWAT NIRUNSIROJ

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Page 2: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

What is Bitcoin?

Anawat Nirunsiroj – Bitcoin advisor

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Page 3: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

What is Bitcoin?

Bitcoin definitions

Benefits of Bitcoin

Milestones of Bitcoin

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Page 4: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

What is Bitcoin?Bitcoin definitions

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Page 5: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

Satoshi Nakamoto

Bitcoin is a software-based online payment system 

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What is Bitcoin?Bitcoin definitions

Page 6: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

Eric Schidmt

Bitcoin is a remarkable cryptographic achievement

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What is Bitcoin?Bitcoin definitions

Page 7: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

Richard Branson

I think it is working. There will be other currencies like it that may be even better, but in the meantime there’s a big industry around bitcoin.

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What is Bitcoin?Bitcoin definitions

Page 8: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

Lily Allen

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What is Bitcoin?Bitcoin definitions

Page 9: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

x86Architecture

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What is Bitcoin?Bitcoin definitions

Page 10: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

What is Bitcoin?Benefits of Bitcoin

Decentralised

No monetary policy

Transparency

No Taxes in Thailand

No Tracking

Low Transaction Costs

No Risk of “Charge-backs”

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Page 11: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

What is Bitcoin?Benefits of Bitcoin

Accepted worldwide

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Page 12: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

What is Bitcoin?Benefits of Bitcoin

Also accepted in Thailand

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Page 13: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

2008

- bitcoin.org

- The white paper published

- Bitcoin project registered at SourceForge.net

2009

- Genesis block mined (Block 0)

- First Bitcoin transaction (Satoshi > Hal Finney)

- Bitcoin Wallet

- Exchange rate published  $1 = 1,309.03 BTC

- First difficulty increase

2010

- 22 May the first real-world transaction (2 pizzas for 10,000 BTC)

- MtGox established

- Bitcoin Pooled mines its first block

- Market cap exceeds $1 million USD FB.com/thaibitcoinminer

What is Bitcoin?Milestones of Bitcoin

Page 14: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

2011

- Silk Road

- 25% of Bitcoin generated

- 1 BTC = 1 USD

- MtGox sold to Tibanne Co., Ltd.

2012

- SatoshiDICE over half of Bitcoin transaction volume

- Bitcoin Conference in London

2013

- First all time high in 601 days (peak of US$31.91)

- Market Cap reach $1 billion

- First Bitcoin ATM

- MtGox funds seized

- FBI shuts down Silk Road

2014

- MtGox bankruptcy

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What is Bitcoin?Milestones of Bitcoin

Page 15: What is Bitcoin? ANAWAT NIRUNSIROJ FB.COM/THAIBITCOINMINER

What is Bitcoin?

Invest in Knowledge

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