Bitcoin – What’s the Big Deal?

Bitcoin is currently valued at $17,057, but it’s volatile and filled with hype. What IS it, and should you invest $15,662 of your hard-earned cash in buying it? All the hype about the bitcoin bubble might be taking attention away from the powerful “blockchain” technology powering it, and what that could mean for almost every transaction we conduct in the future. But is blockchain itself all it’s hyped up to be? Even if you don’t have a spare $16,902 sitting around, take the time to understand the technology and know what it means for you and your business.

You can watch the recording here:

After the webinar, I asked participants “What was the most useful thing you learned today?” Here are some of their answers:

“very precise and well balanced. Enjoyed it”

“That there are a finite number of Bitcoins”

“I have a greater understanding of the technology”

“That I don’t have to worry about bitcoin!”

“Clear explanations about bitcoin, the blockchain and potential”

“Understanding what bitcoin and block chain is”

“Bitcoin explained in easy to understand language”

“I’d read a lot, have a daughter dabbling in a small way and making money, but it was good to get the overall view of it all. I am more interested in understanding the blockchain technology behind it an the various ways it is being used and will impact on business.”

“i have a (beginner’s) understanding of why bitcoin potentially has a value; why it is rare; why that makes it a tradeable commodity. Thanks!”

“The fact that I don’t need to think I have missed a good opportunity. I can forget about investing in Bitcoin.”


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