A practical guide: How to use Bitcoins?
A practical guide: How to use Bitcoins?
Alex Camargo
alex@apus.digital
Mar 15, 2023
APUS DIGITAL
BAGE – RS – BRAZIL
INSTITUTO FEDERAL SUL-RIO-GRANDENSE

2
I. About me
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Instagram @alexcamargoweb.

3
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
 Introdução às criptomoedas: criando a sua própria
moeda como o Bitcoin. In: FLISOL, Festival Latino-americano
de Instalação de Software Livre (FLISoL), 2022.
A practical guide: How to use Bitcoins? Alex Camargo

4
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
A practical guide: How to use Bitcoins? Alex Camargo
Figure: FLISOL 2022.

5
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
 Introdução às criptomoedas: criando a sua própria
moeda como o Bitcoin. In: FLISOL, Festival Latino-americano
de Instalação de Software Livre (FLISoL), 2022.
 APUSCOIN: Criando uma criptomoeda do zero com
Python e Linux. In: TCHELINUX, Tchelinux Live, 2022.
A practical guide: How to use Bitcoins? Alex Camargo

6
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
A practical guide: How to use Bitcoins? Alex Camargo
Figure: TCHELINUX 2022.

7
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
 Introdução às criptomoedas: criando a sua própria
moeda como o Bitcoin. In: FLISOL, Festival Latino-americano
de Instalação de Software Livre (FLISoL), 2022.
 APUSCOIN: Criando uma criptomoeda do zero com
Python e Linux. In: TCHELINUX, Tchelinux Live, 2022.
 Introdução às criptomoedas: investimento, mercado e
segurança. In: URCAMP, Semana Acadêmica dos Cursos de TI,
2022.
A practical guide: How to use Bitcoins? Alex Camargo

8
II. Presentations
Below you will find information on my 3 most presentations
about Bitcoin.
A practical guide: How to use Bitcoins? Alex Camargo
Figure: URCAMP 2022.

9
III. Introduction
Bitcoin (BTC) is a digital currency that was created in 2009 by an
anonymous person the pseudonym Satoshi Nakamoto.
 BTC operates on a decentralized network, meaning they are
not controlled by any government or central bank.
A practical guide: How to use Bitcoins? Alex Camargo

10
III. Introduction
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Decentralized network.

11
III. Introduction
Bitcoin (BTC) is a digital currency that was created in 2009 by an
anonymous person the pseudonym Satoshi Nakamoto.
 BTC operates on a decentralized network, meaning they are
not controlled by any government or central bank.
 Blockchain uses cryptography to ensure the integrity of the
transactions and prevent fraud.
A practical guide: How to use Bitcoins? Alex Camargo

12
III. Introduction
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Blockchain.

13
III. Introduction
Bitcoin (BTC) is a digital currency that was created in 2009 by an
anonymous person the pseudonym Satoshi Nakamoto.
 BTC operates on a decentralized network, meaning they are
not controlled by any government or central bank.
 Blockchain uses cryptography to ensure the integrity of the
transactions and prevent fraud.
 The supply of bitcoins is limited, with only 21 million bitcoins
in existence.
A practical guide: How to use Bitcoins? Alex Camargo

14
III. Introduction
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Bitcoin deflation.

15
III. Introduction
Bitcoin (BTC) is a digital currency that was created in 2009 by an
anonymous person the pseudonym Satoshi Nakamoto.
 BTC operates on a decentralized network, meaning they are
not controlled by any government or central bank.
 Blockchain uses cryptography to ensure the integrity of the
transactions and prevent fraud.
 The supply of bitcoins is limited, with only 21 million bitcoins
in existence.
 BTC price is highly volatile, and there are risks associated
with its use, such as hacking, theft, and scams.
A practical guide: How to use Bitcoins? Alex Camargo

16
III. Introduction
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Bitcoin volatility.

17
III. Introduction
Bitcoin (BTC) is a digital currency that was created in 2009 by an
anonymous person the pseudonym Satoshi Nakamoto.
 BTC operates on a decentralized network, meaning they are
not controlled by any government or central bank.
 Blockchain uses cryptography to ensure the integrity of the
transactions and prevent fraud.
 The supply of bitcoins is limited, with only 21 million bitcoins
in existence.
 BTC price is highly volatile, and there are risks associated
with its use, such as hacking, theft, and scams.
 The opportunities that this type of currency offers are
still not well known by the public.
A practical guide: How to use Bitcoins? Alex Camargo

18
IV. Steps to use bitcoins
1 - Get a bitcoin wallet:
 A bitcoin wallet is a digital wallet where you store your
bitcoins.
A practical guide: How to use Bitcoins? Alex Camargo

19
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Hot wallet versus cold wallet.

20
IV. Steps to use bitcoins
1 - Get a bitcoin wallet:
 A bitcoin wallet is a digital wallet where you store your
bitcoins.
 You can download a wallet from a reputable provider like
Coinbase, for example.
A practical guide: How to use Bitcoins? Alex Camargo

21
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Using an exchange wallet.

22
IV. Steps to use bitcoins
2 - Purchase bitcoins:
 You can purchase bitcoins on a bitcoin exchange or through a
peer-to-peer marketplace.
A practical guide: How to use Bitcoins? Alex Camargo

23
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Bitcoin versus Gold.

24
IV. Steps to use bitcoins
2 - Purchase bitcoins:
 You can purchase bitcoins on a bitcoin exchange or through a
peer-to-peer marketplace.
 Some popular exchanges are Coinbase, Binance, and
PagCripto (Brazil).
A practical guide: How to use Bitcoins? Alex Camargo

25
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Buying bitcoins using an Brazilian exchange.

26
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Buying bitcoins using an Brazilian exchange.

27
IV. Steps to use bitcoins
3 - Send bitcoins:
 To send bitcoins, you need to have the recipient's bitcoin
address.
A practical guide: How to use Bitcoins? Alex Camargo

28
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Sending bitcoins.

29
IV. Steps to use bitcoins
3 - Send bitcoins:
 To send bitcoins, you need to have the recipient's bitcoin
address.
 You can either scan their QR code or enter the address
manually.
A practical guide: How to use Bitcoins? Alex Camargo

30
IV. Steps to use bitcoins
3 - Send bitcoins:
 To send bitcoins, you need to have the recipient's bitcoin
address.
 You can either scan their QR code or enter the address
manually.
 Once you enter the amount you want to send, the
transaction will be broadcast to the network.
A practical guide: How to use Bitcoins? Alex Camargo

31
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: How does a transaction get into the blockchain?

32
IV. Steps to use bitcoins
4 - Use bitcoins for purchases:
 You can store bitcoins in your digital wallet.
A practical guide: How to use Bitcoins? Alex Camargo

33
IV. Steps to use bitcoins
4 - Use bitcoins for purchases:
 You can store bitcoins in your digital wallet.
 Some merchants accept bitcoins as payment.
A practical guide: How to use Bitcoins? Alex Camargo

34
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: El Salvador makes bitcoin legal tender.

35
IV. Steps to use bitcoins
4 - Use bitcoins for purchases:
 You can store bitcoins in your digital wallet.
 Some merchants accept bitcoins as payment.
 You can pay by scanning a QR code or sending the
bitcoins to the merchant's address.
A practical guide: How to use Bitcoins? Alex Camargo

36
IV. Steps to use bitcoins
A practical guide: How to use Bitcoins? Alex Camargo
Figure: How to Use Bitcoin With QR Code.

37
V. Conclusion
In conclusion, using bitcoins can provide a number of benefits,
such as fast and secure transactions, low fees, and freedom
from traditional banking systems.
A practical guide: How to use Bitcoins? Alex Camargo

38
V. Conclusion
In conclusion, using bitcoins can provide a number of benefits,
such as fast and secure transactions, low fees, and freedom
from traditional banking systems.
 However, it's important to take steps to protect your
bitcoins from theft and fraud.
A practical guide: How to use Bitcoins? Alex Camargo

39
V. Conclusion
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Man accidentally threw away $127 million in bitcoin.

40
V. Conclusion
In conclusion, using bitcoins can provide a number of benefits,
such as fast and secure transactions, low fees, and freedom
from traditional banking systems.
 However, it's important to take steps to protect your
bitcoins from theft and fraud.
 And to be aware of the risks and volatility associated with
cryptocurrencies.
A practical guide: How to use Bitcoins? Alex Camargo

41
V. Conclusion
A practical guide: How to use Bitcoins? Alex Camargo
Figure: Bitcoin rocked by collapse of FTX exchange.

42
V. Conclusion
In conclusion, using bitcoins can provide a number of benefits,
such as fast and secure transactions, low fees, and freedom
from traditional banking systems.
 However, it's important to take steps to protect your
bitcoins from theft and fraud.
 And to be aware of the risks and volatility associated with
cryptocurrencies.
 Using bitcoins with merchants that accept them, you
can make the most of this innovative form of digital
currency.
A practical guide: How to use Bitcoins? Alex Camargo

43
References
A practical guide: how to use bitcoins?
https://www.cedrotech.com/blog/practical-guide-how-to-use-bitcoins/
Getting started with Bitcoin
https://bitcoin.org/en/getting-started
Bitcoin for Beginners: What You Need to Know about BTC
https://www.nerdwallet.com/article/investing/what-is-bitcoin
A practical guide: How to use Bitcoins? Alex Camargo