This session provides a easy-to-understand explanation of Bitcoin and Blockchain with focus on everyday use cases, handling and securing your cryptocurrency.
Presentation Outline
1) Bitcoin brief origin and history
Satoshi Nakomoto and the white paper
2) What is Bitcoin and the Blockchain
Characteristics and features
Core network and infrastructure
3) How to acquire Bitcoin
Person to person, exchanges, BTM’s etc
4) Uses of bitcoin
Investment, ecommerce, cross boarder remittance, barter trade
Advantages and disadvantages of bitcoin VS Fiat currencies
5) Wallets and methods of storage
Personal and custodial wallets
Different types, paper, hardware wallets, hot wallets, cold wallets.
6) Handling bitcoin and securing your coins
Demo on sending from wallet to wallet
7) Scams
Ransomeware, employment scams, CRA scam
8) Bitcoin and other cryptocurrencies
Brief Examples of smart contracts, utility tokens, security tokens and ICO’s
9) Questions and answers
George Bothwell Branch first opened its doors to the public in 1995, and operates as a full-service branch within the Regina Public Library system.