class: center, middle, inverse, title-slide # Magic Internet Money? ## How Blockchain Technology Could Revolutionize the 21<sup>st</sup> Century Economy ### Dr. Ryan Safner ### Hood College Accepted Students Day </br> April 6, 2019 --- background-image: url(https://www.dropbox.com/s/9giz8w1x3pk5f4q/magicinternetmoney.jpg?raw=1) background-position: 50% 50% class: blank --- class: inverse, center, middle # BITCOIN --- # Bitcoin .center[] --- class: blank background-image: url(https://www.dropbox.com/s/dg69zmfgg020onj/bitcoinpriceapril2019.png?raw=1) background-position: 50% 50% --- class: inverse, center, middle # SOME DEFINITIONS --- # Wallet: "stores" Bitcoins .center[] --- # Wallet as "username" and "password" .center[] .center[] --- # Node: runs the software ](https://www.dropbox.com/s/jb9k2kdt5dpo2ik/bitcoinnodesapril2019.png?raw=1) --- # Miner: verifies transactions .center[.image-50[]] --- # Blockchain: the public ledger .center[.image-75[]] --- class: blank .img[] --- class: inverse, center, middle # THE ARGUMENT FOR BITCOIN --- # Bitcoin is decentralized  --- # Bitcoin is decentralized .center[] --- # Bitcoin is open source .center[] --- # Bitcoin is accessible .center[] --- # Bitcoin is secure .center[] --- # Bitcoin has a fixed supply .center[] --- # Cryptocurrencies .center[ ] --- class: inverse, center, middle # Beyond Bitcoin: Blockchain Technology and its Applications --- # Blockchain Technology .center[.image-75[]] --- # Blockchain for Identity .center[] --- # Blockchain for Identity  --- # Blockchain for Media .center[.image-75[]] --- # Blockchain for Food (Safety) .center[] --- # Blockchain for Food (Safety) .center[] --- # Blockchain for Voting .center[.image-75[]] --- class: inverse, center, middle # Smart Contracts --- # Political Economy Since Hobbes .right-column[ ### "Covenants, without the Sword, are but Words, and of no strength to secure a man at all." ### *Leviathan* (1651), Ch. XVII] .left-column[.center[ ### Thomas Hobbes ### 1588-1679] ] --- class: blank .center[] --- # We Must Trust Corruptible (Centralized) Institutions .center[.image-50[]] --- # Smart Contracts .center[.image-50[]] --- # Smart Contracts .center[.image-75[]] --- # The Tip of the Iceberg .center[.image-50[]] --- class: inverse, center, middle # Questions? --- class: blankgray, center, middle # Thanks for listening. Hope to see you at Hood soon! .logo-left[]