Outerz0ne 9/BTC Talk

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State of the bitcoin address, Pizza, Pirates, and Profiteers: The Bitcoin has come a long way in its first 4 years as a crypto currency. Bursting bubbles and resurgence, the bitcoin has comeback to a greater acceptance and wider audience than ever before, breaking all time highs with prices in the $90+ range. This talk will cover everything you NEED to know about bitcoin, from a consumer and manufacturer standpointAcquisition to Spending (including mining crypto currencies and the future of mining) Staying secure anonymous with bitcoin, the infrastructure behind bitcoin, and the things you can do with bitcoin.


Outline

  • Intro on what is bitcoins
  • How bitcoins works
  • How you get bitcoins
  • What you do with bitcoins

Topics

  • What is bitcoin
  • Who made bitcoin
  • The blockchain, and infrastructure
  • Security, wallet security
  • Anonymity
  • Mining and the future of mining
  • Buying
  • Spending
  • The 10,000btc pizza
  • Trading
  • Other currencies
  • You run barter town, future of bitcoin and economics


What is bitcoin?

Bitcoin is a new kind of digital currency. It's the first decentralized digital peer to peer crypto currency not regulated or controlled by a single organization, government, or person. it dose not rely on any physical note or representation. Bitcoins are generated by networked computers solving complex cryptographical problems. The network or blockchain helps regulate scarceity, and market stability. Its an open source project, and it is used by hundreds of thousands of people daily. All over the world people are trading millions of dollars worth of bitcoin every day with no middle man and no credit card companies.

Who made bitcoin

Infistructure

Bitcoin Wallets

In order to work with Bitcoin a wallet is a requirement. It's probably the safest to use a full Bitcoin client like the official one. However when just started out with small amounts you might choose security over ease of use.

  • Blockchain.info; hosted online wallet. Create when just getting started, the added benefit is that you can deposit money via Bank/Mobile to fund your account right away.
  • Electrum; a thin client. Like the Blockchain wallet this uses a remote server to retrieve the transaction data. Once installed you can start working with Bitcoin immediately.
  • Original Bitcoin client; the original or "reference" client. It takes a while to get started with this client since it needs to download all the transactions before you can actively use it.

Use of the phrase "Official Bitcoin Client"

For reference, I would avoid using this phrase to describe the client available at Bitcoin.org and instead use a more accurate substitution such as "Bitcoin Reference Client", "BitcoinQT Client", or the "Original Bitcoin Client". Bitcoin.org uses both of the latter two.

Getting Bitcoin

There are tons of options of getting Bitcoin. Here are a couple of solutions if you have a better solution for a certain region please let me know.


Inside the US

  • Coinbase

Coinbase wants to be the Paypal for Bitcoin. Just hook up your bank account and you can instantly exchange Bitcoin.

  • Bitinstant

BitInstant enables you to make local cash deposits for Bitcoin. Just go down to wallmart for instance and have your Bitcoin in your account without problem. There is also an option to deposit using Dwolla.

Other locations

How do you Buy Bitcoins

LocalBitcoins

Mtgox

Mining, future of mining

buying, selling, trading

Pizza

other currencies

the future

Interesting Bitcoin Videos

Neat Linkz Doodz!

presented by

  • Brimstone

Lover of pie, distributed system, and money, brimstone started in Alabama, but now lives in Atlanta. He finds it hard to talk about himself.

  • Will Tuttle
    • 1EJ7z9qyUPpdCzAsCsY1nQ7t47GqGwjyC6

Feejee mermaid owner, part time circus geek, inventor of the digital viewmaster, Tuttle started out in nashville but now lives in huntsville. He finds it easy to talk about himself, but is a slacker.

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