What is Bitcoin? A look at the world’s most popular cryptocurrency — AAX News & Insights

Introduction

  • Global debt is unsustainable
  • Negative interest rates
  • Countries continue to see fiat currencies fail
  • Keynesian economics does not encourage long term sustainability
  • The move away from the gold standard / QE (Quantitative Easing)

Previous digital currencies

The Bitcoin mechanics

Bitcoin miners

Hashing

Transparency

Privacy

Addresses, allowing for different levels of privacy

Bitcoin scalability

Why is it so slow?

Significant Bitcoin figures

Craig Stephen Wright

John McAfee

Roger Ver

  • MT Gox hack
  • WikiLeaks adoption
  • Silk Road adoption
  • MyBitcoin failure

Are you ready to trade Bitcoin?

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