Bitcoin is
an open source peer to peer payment network and digital currency. It was
invented in 2009 by incognito
developer Satoshi Nakamoto. It goes
into circulation without being connected to any central authority. We can
invest or purchase goods and services with Bitcoin. Yet are there any potential
pitfalls? Do your research and write a definition essay on the issue.
This activity was prepared in
total by Taha Dikici to whom we all owe thanks
Reading material to annotate:
1.“ What is
Bitcoin and How is it used?” http://profit.ndtv.com/news/cheat-sheet/article-what-is-bitcoin-and-how-is-it-used-373459
2. “Bitcoin Miners Cash in on Digital Gold Rush” http://www.ibtimes.co.uk/articles/522612/20131115/bitcoin-mining-explained-profit-virtual-currency-cloud.htm
3. “What is
Bitcoin and How does it work?” http://moneyweek.com/bitcoin/
4. “Bitcoin
under pressure” http://www.economist.com/news/technology-quarterly/21590766-virtual-currency-it-mathematically-elegant-increasingly-popular-and-highly
Videos to watch and make notes on:
1. “Bitcoin. Sweat.
Tide. Meet the future of branded currency.” By: Paul Kemp-Robertson
http://www.ted.com/talks/paul_kemp_robertson_bitcoin_sweat_tide_meet_the_future_of_branded_currency.html
2. “Bitcoin:
What is it?” https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/bitcoin/v/bitcoin-what-is-it
3. “What’s a Bitcoin?” http://live.wsj.com/video/what-a-bitcoin/D79FF38C-7816-435B-B3B0-F9B177BCA0A8.html#!D79FF38C-7816-435B-B3B0-F9B177BCA0A8
Refer to my second blog, The Essay
Archive, for sample essays: https://theessayarchive.blogspot.com.tr/
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