Cryptocoin Exchange

1
Introduction to Bitcoin
Perfekt Capital Limited
2
What Is Money?
3
Money Is
A Medium of Exchange
4
Money Is
A Medium of Exchange

• Stands in for an arbitrarily long chain of
  barter.

5
Money Is
A Medium of Exchange

• Stands in for an arbitrarily long chain of
  barter.
• Widely accepted.

6
Money Is
A Unit of Account
7
Money Is
A Unit of Account

• Recognizable

8
Money Is
A Unit of Account

• Recognizable
• Fungible

9
Money Is
A Unit of Account

• Recognizable
• Fungible
• Divisible

10
Money Is
A Unit of Account

• Recognizable
• Fungible
• Divisible
• Transportable

11
Money Is
A Unit of Account

• Recognizable
• Fungible
• Divisible
• Transportable
• Transferable

12
Money Is
A Unit of Account

• Recognizable
• Fungible
• Divisible
• Transportable
• Transferable
• Hard to counterfeit

13
Money Is
A Store of Value
14
Money Is
A Store of Value

• Stable supply

15
Money Is
A Store of Value

• Stable supply
• Durable

16
Money Is
A Store of Value

• Stable supply
• Durable
• Securable

17
Money Is
A Store of Value

• Stable supply
• Durable
• Securable
• Stable value

18
What Is Cryptocurrency?
19
Cryptocurrency Is
A Bearer Instrument

• Holder has ownership
• No other records kept as to identity of owner
• Easy to keep anonymous
• Hard or impossible to replace if lost or stolen

20
What Makes Bitcoin Different?
21
Bitcoin Is
Decentralized, Distributed,Voluntary
22
Bitcoin Is
Decentralized, Distributed,Voluntary

• No central issuing or verification authority,
  no Bitcoin Corp.

23
Bitcoin Is
Decentralized, Distributed,Voluntary

• No central issuing or verification authority, no
  Bitcoin Corp.
• Bitcoin Foundation (bitcoinfoundation.org)

24
Bitcoin Is
Decentralized, Distributed,Voluntary

• No central issuing or verification authority,
  no Bitcoin Corp.
• Bitcoin Foundation (bitcoinfoundation.org)
• Growing numbers of entrepreneurs accepting or
  basing new business concepts on coin

25
Bitcoin Is
Decentralized, Distributed,Voluntary

• No central issuing or verification authority,
  no Bitcoin Corp.
• Bitcoin Foundation (bitcoinfoundation.org)
• Growing numbers of entrepreneurs accepting or
  basing new business concepts on coin
• Relative to other bearer instruments

26
Bitcoin Is
Decentralized, Distributed,Voluntary

• No central issuing or verification authority, no
  Bitcoin Corp.
• Bitcoin Foundation (bitcoinfoundation.org)
• Growing numbers of entrepreneurs accepting or
  basing new business concepts on coin
• Relative to other bearer instruments
• Easier to transport anywher in the world

27
Bitcoin Is
Decentralized, Distributed,Voluntary

• No central issuing or verification authority, no
  Bitcoin Corp.
• Bitcoin Foundation (bitcoinfoundation.org)
• Growing numbers of entrepreneurs accepting or
  basing new business concepts on coin
• Relative to other bearer instruments
• Easier to transport anywher in the world
• Easier to secure

28
Bitcoin Is
Decentralized, Distributed,Voluntary

• No central issuing or verification authority, no
  Bitcoin Corp.
• Bitcoin Foundation (bitcoinfoundation.org)
• Growing numbers of entrepreneurs accepting or
  basing new business concepts on coin
• Relative to other bearer instruments
• Easier to transport anywher in the world
• Easier to secure
• Relative to other electronic currencies

29
Bitcoin Is
Decentralized, Distributed,Voluntary

• No central issuing or verification authority, no
  Bitcoin Corp.
• Bitcoin Foundation (bitcoinfoundation.org)
• Growing numbers of entrepreneurs accepting or
  basing new business concepts on coin
• Relative to other bearer instruments
• Easier to transport anywher in the world
• Easier to secure
• Relative to other electronic currencies
• Immune to sovereign censorship, shutdown, or
  confiscation

30
Bitcoin Is
Decentralized, Distributed,Voluntary

• No central issuing or verification authority, no
  Bitcoin Corp.
• Bitcoin Foundation (bitcoinfoundation.org)
• Growing numbers of of entrepreneurs accepting or
  basing new business concepts on coin
• Relative to other bearer instruments
• Easier to transport anywher in the world
• Easier to secure
• Relative to other electronic currencies
• Immune to sovereign censorship, shutdown, or
  confiscation
• Immune to inflation and bank defaults

31
How Does Bitcoin Work?
32
Bitcoin Tech
33
Bitcoin Tech

Bitcoin is a protocol.The unit of account is
"bitcoins."
34
Bitcoin Tech

Bitcoin is a protocol.The unit of account is
"bitcoins." Based on the block chain a growing
general public ledger of cryptographically-signed
transactions.
35
Bitcoin Tech

Bitcoin is a protocol.The unit of account is
"bitcoins." Based on the block chain a growing
general public ledger of cryptographically-signed
transactions. All transactions are public, but
are not by default tied to anyone's real
identity.
36
Bitcoin Tech

Bitcoin is a protocol.The unit of account is
"bitcoins." Based on the block chain a growing
general public ledger of cryptographically-signed
transactions. All transactions are public, but
are not by default tied to anyone's real
identity. Anonymity and traceability are user
defined, i.e. the counter parties can be as
anonymous as they take steps to be even to
each other.
37
Bitcoin Tech

Bitcoin is a protocol.The unit of account is
"bitcoins." Based on the block chain a growing
general public ledger of cryptographically-signed
transactions. All transactions are public, but
are not by default tied to anyone's real
identity. Anonymity and traceability are user
defined, i.e. the counter parties can be as
anonymous as they take steps to be even to each
other. Transfer of bitcoins consists not of
physically moving an object from A to B, but
simply of adding a new, publicly accepted
transaction to the block chain.
38
Bitcoin Tech

Bitcoin is a protocol.The unit of account is
"bitcoins." Based on the block chain a growing
general public ledger of cryptographically-signed
transactions. All transactions are public, but
are not by default tied to anyone's real
identity. Anonymity and traceability are user
defined, i.e. the counter parties can be as
anonymous as they take steps to be even to each
other. Transfer of bitcoins consists not of
physically moving an object from A to B, but
simply of adding a new, publicly accepted
transaction to the block chain. Secured by
collective compute power of miners. It is very
difficult to create a new valid block, but very
easy for every client, miner or not, to check the
validity of a new block.
39
Bitcoin Tech

Bitcoin is a protocol.The unit of account is
"bitcoins." Based on the block chain a growing
general public ledger of cryptographically-signed
transactions. All transactions are public, but
are not by default tied to anyone's real
identity. Anonymity and traceability are user
defined, i.e. the counter parties can be as
anonymous as they take steps to be even to each
other. Transfer of bitcoins consists not of
physically moving an object from A to B, but
simply of adding a new, publicly accepted
transaction to the block chain. Secured by
collective compute power of miners. It is very
difficult to create a new valid block, but very
easy for every client, miner or not, to check the
validity of a new block. Miners are awarded
newly-minted bitcoins or transaction fees for
successfully finding blocks.The distributed
algorithm ensures that bounty of new bitcoins
will asymptotically approach 21M, and the reward
for mining will then become transaction fees
only.

40
Contact Us
Perfekt Capital Limited,Unit 804 8F Boss
Commercial Centre28 Ferry Street, Yau Ma
Tei,Kowloon, Hong Kong
Email Customer Support support_at_perfektpay.com
Global Phone Support 852 6024 5489
https//www.perfektpay.com/