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1. Bit Coin
NOTEWALA.COM

2. Bitcoin : open source cryptocurrency
 Bitcoin is a distributed accounting system
 No central authority -> does not depend on trust
to single or couple of institutions.
 Like cash, but for the internet
 Created by pseudonym Satoshi Nakamoto
 Based on a peer-to-peer network of computers
running the bitcoin software.
 The transactions are verified by proof-of-work
system of computers running a mining software.

3. WAYS TO MAKE MONEY FROM BIT COIN
 Just like everyone else I tried different methods to
make a consistent and steady income from the
currency.
 I started out by trading Bit coins trying to profit
from the exchange rate.
 Although it sounded pretty simple in the beginning
it turned out to be much more complicated than I
thought.

4. WAYS TO MAKE MONEY FROM BIT COIN
 Setting up your own Bitcoin website to generate a
passive income
 Mini Earnings- A bit of your time, a bit of cash
 Writing- Turn your literary skills into cash
 Selling products and services
 Lending- Loan some bitcoins, earn some interest
 Gambling- If you got some luck you might make
some money

5. Pros
 No unpredictable inflation by ”printing more
money” by political decision.
 Transactions travel instantly
 Send money in seconds to anyone with internet access – with
zero transaction costs.
 Highly anonymous, in certain conditions
 Every transaction is public, though!
 If you memorize your private key, the only way to
steal your bitcoins (even for the authorities) is to
torture you (or spy or hack your computer).
 Easy to use

6. Cons
 Bitcoin is rather new and its still in marginal use high
volatility..
 Perhaps not suitable for any country’s official
currency.
 Lose your private key -> lose your bitcoins.

7. How it works
 Every ”account” consists of the public key (=
bitcoin address) and the private key.
 Anyone who knows your public key, can send
you bitcoins.
 To spend bitcoins, you have to know the
private key.
 The transaction is broadcasted to the bitcoin
network.
 The miners confirm the transactions

8. Who accepts bitcoins?
 Namecheap
 Wordpress
 Many nonprofits accept bitcoin donations
 Archive.org
 Bitpay (= simple interface for merchants)
 Bitspend.net (order anything with bitcoins)

9. Thank You
For any Help Call
Mr.Anjum @9373373344
www.notewala.com