Transcription of Introduction to Bitcoin - SAMA
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Introduction to Bitcoin - SAMA
Introduction to BitcoinSaudi Arabian Monetary AgencyD e p u t y s h i p o f R e s e a r c h a n d I n t e r n a t i o n a l A f f a i r sS A M A Q UA R T E R LY W O R K S H O P, R I YA D HD e c e m b e r 2 1 , 2 0 1 41Dr. Hussain AbusaaqBitcoin in the News2 Source: What is Bitcoins? How do you get Bitcoins? Where do you store Bitcoins? Historic BitcoinEvents Is Bitcoin a Currency? BitcoinMarkets Implications for Central Banks3 What is Bitcoin ? BitcoinisaglobalPeer-to-Peercurrencythat isdesignedfortheInternet. Bitcoinhasamaximum21millionlimit. Thecurrencyisdivisibleby8decimalplaces. Bitcoinsolvesthedoublespendingproblem. is Bitcoin ?UnitsBTCB itcoin1 Bitcoin Bitcoin5 Source: BitcoinGeneral information, BulgakovDmitry, 2013 and Invented It?SatoshiNakamoto,January17th, Volunteerprogrammersworktopatchandimprov ethecodeovertime. Open-SourceandIt do you get Bitcoins? Mining ThesupplyofBitcoinsgrowsbytheprocesscall ed mining Bitcoins.
Introduction to Bitcoin Saudi Arabian Monetary Agency Deputyship of Research and International Affairs SAMA QUARTERLY WORKSHOP, RIYADH December 21,2014
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