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From Bits to Bitcoin: Understanding The Blockchain & Digital Currencies
March 22, 2016 @ 6:00 pm - 9:00 pm
Have you heard of a new currency called bitcoin? Or a new technology called the blockchain? Almost $1BB has been invested into numerous startups over the past four years by prominant Venture Capital firms. Dozens of startups have been formed in Silicon Valley, New York, London, and as far away as Chile and India. And in the past year, large tech companies and banks have begun to work on new products and services that leverage this new currency and technology. Many companies across the financial services industry are concerned about bitcoin’s potential to substantially disrupt their business. Yet very few people understand what bitcoin is or how it works. Even fewer are able to grasp its potential to disrupt existing financial services or transform various types of transactions, whether financial or non-financial. This talk will provide you with a basic understanding of the economics and science behind bitcoin and the blockchain. With Bitcoin you can: – Send $1 or $1MM instantly and for free anywhere in the world, to a family member or a business – Guarantee that funds are received even if you don’t know or trust the recipient – Vote in a government or corporate election, with instant tallies and fully auditable, immutable and transparent voting ledgers Questions we will address include: What is bitcoin? How is it created? How do you use it? What is the blockchain? How does it work? Who can use it? How does bitcoin compare with other currencies today? what advantages does it offer? What risks? Is bitcoin secure and reliable? Is it stable as a currency? What problems can bitcoin solve? What problems is it addressing right now? Should you own bitcoin? Where will its price go over time? Come and learn how the technology behind Bitcoin works, what problems it is currently trying to solve, and how you can take advantage of the coming opportunities.