Let’s Learn About Using Bitcoin for Social Good Presentation

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The slide deck from Let’s Learn About Using Bitcoin for Social Good - http://www.meetup.com/sfnetsquared/events/165109572/ The event description: Join us on April 8th when we’ll have Ryan Breslow, the founder of Sites by Hand and a research scientist with the Stanford Bitcoin Group, and Jake Zeller, an entrepreneur and investor working on a project in the Bitcoin space. This session will help you understand what Bitcoin is, how it works, and how nonprofits and social good orgs might benefit by using the Bitcoin network. #bitcoin4good #SFN2

Transcript

#Bitcoin4Good(Some Images Stripped)

Ryan BreslowJake Zeller

What is Money?

(Caveman Image)

Bitcoin BlockchainThe Ledger

Person A184BahsLqkkVkDUMrcjGGNkTLPZg3FF1RC

1 BTC

Person B1EPDNBHo4BBXtSK5dUrvJRGKWh8izcryJs

0.5 BTC

Person C1NUxQcdSK9eCUZo2ovZcyd2j4FHWme9qg3

0.023 BTC

How do transactions work?

public and private keys

public key + private key + amount = transaction

Securing the network

Mining

How does it work?

Ledger of balances & transactions

The Blockchain

Spending BitcoinPublic and private keys

Validating transactions, creating new Bitcoin

Mining

Bitcoin Properties

• Digital currency• Decentralized• Network-Driven• Universal Ledger• Infinitely Divisible• Instant Transactions

Uses of Bitcoin

Store of Value

Medium of Exchange

How about social good?

Providing Stabilityfor Emerging Markets

Enable Low-Cost Remittances

Empower the Unbanked

Public Fundraising

Censorship

Reliability, Accountability, and Regulation

• Positive shifting attitude• Clear regulatory path• Clear taxation guidelines• Security• Complete transparency

International

Kipochi• Mobile Bitcoin Wallet• Integrates with M-Pesa

Highlighted Benefits:• Free of inflation• Global• Secure• Transparent• Low cost

What to do

Accept Bitcoin whenever possible

Don’t believe everything you hear

Buy, hold, and share

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