The Crypto Conundrum - Breaking Down Bitcoin Basics

Wednesday, 15 May, 2024 -
3:00 pm to 5:00 pm
Kent Free Library
2nd Floor Meeting Room

This presentation will trace the evolution of digital currencies and their importance in our modern digital world. It will cover Bitcoin's history, blockchain technology, and the decentralized control of cryptocurrencies. Bitcoin's advantages, risks, and drawbacks, as well as its impact on the economy and society will be examined. The session will also explore the practice of mining, security, and privacy issues. Finally, it will look at how the widespread adoption of cryptocurrency might impact traditional banking systems and peer-to-peer financial transactions.