DNX GLOBAL Workshop ★ Diego Araos & Sean Casey - Beginner's bitcoin and ethereum for nomads!
Transcript of DNX GLOBAL Workshop ★ Diego Araos & Sean Casey - Beginner's bitcoin and ethereum for nomads!
-
BEGINNER'S BITCOIN AND ETHEREUM FOR NOMADS
DIEGO ARAOS & SEAN CASEY COINCOACHING
-
BITCOIN PIZZA DAY (May 22, 2010)T h e f i r s t b i t c o i n t r a n s a c t i o n w a s t w o p i z z a s s o l d f o r 1 0 , 0 0 0 B T C
To d a y, t h o s e p i z z a s a r e w o r t h o v e r $ 4 0 , 0 0 0 , 0 0 0
-
WHO WE ARE: DiegoN o m a d E n t r e p r e n e u r & D e v e l o p e r , E n g i n e e r
C o - F o u n d e r o f C o i n C o a c h i n g . c o m
F o u n d e r o f T x H a s h . c o m
http://CoinCoaching.comhttp://TxHash.com
-
WHO WE ARE: SeanN o m a d E n t r e p r e n e u r , W e b D e v e l o p e r , A n t h r o p o l o g i s t
P o r t f o l i o o f ~ 4 0 c r y p t o c u r r e n c i e s
N o m a d s i n c e 2 0 0 4
-
Never invest in a business you cannot understand.
W a r r e n B u f f e t t
-
M i s s i o n : t o h e l p c o m p l e t e b e g i n n e r s b e c o m e s m a r t i n v e s t o r s i n B i t c o i n , E t h e r e u m , I C O s , a n d b e y o n d
Coin Coaching(coincoaching.com)
-
WORKSHOP GOAL: To understand
W h y c r y p t o c u r r e n c i e s a r e e x c i t i n g i n g e n e r a l
H o w B i t c o i n a n d E t h e r e u m w o r k
H o w c r y p t o c u r r e n c i e s a p p l y t o n o m a d l i f e s t y l e s
-
$70B
-
CYRYPTOCURRENCY BASICS
m o s t w e l l - k n o w n :
1 0 0 0 + d i f f e r e n t c r y p t o c u r r e n c i e s a n d c r y p t o - a s s e t s
m o s t c r y p t o c u r r e n c i e s o p e r a t e b y 3 i m p o r t a n t c o n c e p t s :
c r y p t o g r a p h y ( t h i n k : D a V i n c i c o d e )
p e e r - t o - p e e r n e t w o r k s ( t h i n k : N a p s t e r , B i t To r r e n t )
b l o c k c h a i n ( t h i n k : E x c e l W o r k b o o k o r L e d g e r )
-
WHAT IS BITCOIN?
t e c h n i c a l : a c r y p t o g r a p h i c a l l y - s e c u r e d e l e c t r o n i c c u r r e n c y t h a t u s e s a d e c e n t r a l i z e d p e e r - t o - p e e r n e t w o r k t o d i s t r i b u t e l e d g e r s o f t r a n s a c t i o n s o n a b l o c k c h a i n
n o n - t e c h n i c a l : e l e c t r o n i c c a s h s e c u r e d b y r e a l l y t o u g h - t o -c r a c k p u z z l e s , t h a t w o r k s v i a a v i r t u a l s p r e a d s h e e t o f t r a n s a c t i o n s , w h i c h i s s t o r e d o n c o m p u t e r s a c r o s s t h e w o r l d
-
HOW DOES BITCOIN WORK?
h t t p s : / / y o u t u . b e / 3 G I R U I h 8 J D U
https://youtu.be/3GIRUIh8JDU
-
?
-
BITCOIN: WHATS THE BIG DEAL?
d e c e n t r a l i z e d
t r a n s p a r e n t
u n c h a n g e a b l e
( s e m i - ) a n o n y m o u s
t r u s t - l e s s ( o r i s i t ? )
-
ALT-COINS (al ternat ive coins)- D e v e l o p e r s l o v e d B i t c o i n s t e c h n o l o g y a n d t h e p h i l o s o p h y
- M o s t b a s e d o n B i t c o i n c o d e
- M a n y a r e j u s t b a d c o p i e s
- B u t s o m e o f t h e m a r e p i o n e e r s f o r i m p o r t a n t u s e - c a s e s :
- P r i v a c y : D a s h , Z C a s h , M o n e r o
- L i g h t w e i g h t / S p e e d : L i t e c o i n , Ve r t c o i n ( n o w B i t c o i n t o o )
- C o r p o r a t e u s e : R i p p l e , S t r a t i s
- J u s t f o r f u n : D o g e c o i n
-
ETHEREUM: The al t -coin inspir ing an investment revolut ion
S m a r t c o n t r a c t s
N e w p a r a d i g m : p r o g r a m a b l e m o n e y
I f a c o n d i t i o n i s m e t , t h e n p a y
T r u l y t r u s t - l e s s
M o s t i n t e r e s t i n g u s e c a s e s o f a r : I C O
i n i t i a l c o i n o f f e r i n g
H u g e c r o w d f u n d i n g e c o s y s t e m & i n v e s t m e n t p r o f i t a b i l i t y
-
3 REASONS NOMADS SHOULD CARE
1. L o n g - t e r m i n v e s t m e n t
2. N o m a d l i f e s t y l e
3. O n l i n e e n t r e p r e n e u r s h i p p o t e n t i a l
-
INVESTMENT: GROWTH
-
INVESTMENT: ICO RETURNS
-
INVESTMENT: 80/20 APPROACH
I m p o r t a n t t o u n d e r s t a n d i n v e s t i n g v s t r a d i n g
T h e T r a d e r : M a r k e t a n a l y s i s C o n t i n u o u s m o n i t o r i n g T i m e s e n s i t i v e
T h e I n v e s t o r : A s s e t a n a l y s i s O c c a s i o n a l m o n i t o r i n g T i m e i n d e p e n d e n t
-
INVESTMENT: 80/20 APPROACH
8 0 / 2 0 a p p r o a c h :
R e s e a r c h y o u r i n v e s t m e n t s
C h o o s e a n a c c u m u l a t i o n s t r a t e g y ( b u y i n g a n d s e l l i n g )
S e c u r e y o u r i n v e s t m e n t s
P l a n a n d s t i c k t o a l o n g - t e r m p o r t f o l i o s t r a t e g y
-
NOMAD LIFESTYLE
A s a c u r r e n c y
w o r l d w i d e r e m i t t a n c e s
n o f o r e i g n t r a n s a c t i o n f e e s
o n l i n e p a y m e n t
-
NOMAD LIFESTYLE
A s a p e n s i o n s u b s t i t u t e ?
( N e w Yo r k T i m e s )
-
NOMAD LIFESTYLEA s a h e l p f u l t e c h n o l o g y
I d e n t i t y
D i g i t a l c a s h c a r d s
I n s u r a n c e
-
ENTREPRENEURSHIPC o n t e n t w r i t i n g a n d c r e a t i o n
D e c e n t r a l i z e d m a r k e t p l a c e s
A l t e r n a t i v e a d v e r t i s i n g m e c h a n i s m s
R e n t i n g y o u r c o m p u t e r
-
Quest ions?
F r e e e B o o k f o r D N X e r s :
w w w . c o i n c o a c h i n g . c o m / d n x
J o i n t h e F a c e b o o k c o m m u n i t y :
w w w . f a c e b o o k . c o m / g r o u p s / c o i n b e g i n n e r s
-
Join our group
h t t p s : / / w w w . f a c e b o o k . c o m / g r o u p s / c r y p t o b e g i n n e r s