Monthly Bitcoin Seminar/

Saturday, 7 Jul 2018 at 11:00 am

Free Entry. All Levels.

These meetings are suitable for both beginners and experts, with the first half of the meeting dedicated for the learners, and the second half aimed at more seasoned crypto traders. Crypto Currencies are a peer to peer virtual currency, which means there is the removal of a intermediary from point to point transactions, usually occupied by banking institutions who can control and manipulate the market. Anyone can buy or sell Bitcoin or other crypto currencies, all you need is a virtual wallet and you are ready to go.

Decentralized crypto currency is produced by the entire crypto currency system collectively, at a rate which is defined when the system is created and which is publicly known. In centralized banking and economic systems such as the Federal Reserve System corporate boards or governments control the supply of currency by printing units of “fiat money” or demanding additions to digital banking ledgers. In case of decentralized crypto currency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks or corporate entities which hold asset value measured in it. The underlying technical system upon which decentralized crypto  currencies are based was created by the group or individual known as Satoshi Nakamoto.

Not much is known about the mysterious Satoshi Nakamoto, is this a person or a group? What is known is that this anarchistic approach to currency is quickly changing the economic frontier of the world, and empowering people from all walks of life and all economic levels to trade in a currency that is egalitarian in its availability and earning potential. Find out more from those who are currently trading in crypto currency at The Nimbin Bush Theatre on the first Saturday of every month.

Monthly Bitcoin Seminar/

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