Unblocking the digital currency chain - ERP Spain.com - España y América Latina

If you have been following investing, finance, cryptocurrency or just technology in general for the past decade, you have heard of blockchain. In fact, a 1,000 USD spent to purchase 3.801 BTC in June 2015 is worth $34,936.89 in June 2020, a considerable gain of 3493%. In this talk, we go over blockchain, the building blocks behind all the Bitcoins and Ethereum and we internalise why it’s deemed to be a technology of the future. We look at the use cases around bitcoin before we get to our two main use cases: finance and currencies. We see why banks and the finance industry are going gaga over blockchains and why it is so secure. The “Proof of work” which is the security measure behind blockchain is going to be central to us understanding blockchains. Also, we will have a look at some interesting statistics and how too much optimism can be bad when it comes to finance and the markets. "Buy not on optimism, but on arithmetic." -Benjamin Graham Key takeaways: 1. Why BlockChain 2. Bitcoin and the evolution 3. Proof of work and Security Mechanisms 4. The Bitcoin Bubble/Fad