CRYPTO CURRENCY

What is a CURRENCY?
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Slide 1: Open vraag
ICT-basisvaardighedenMiddelbare schoolvmbo b, k, gLeerjaar 3,4

In deze les zitten 28 slides, met interactieve quizzen, tekstslides en 2 videos.

time-iconLesduur is: 30 min

Onderdelen in deze les

What is a CURRENCY?

Slide 1 - Open vraag

How do we know, how much money (monetary units) is in circulation?

Slide 2 - Open vraag

MORE GOLD = MORE $$$

Slide 3 - Tekstslide

HOW CURRENCY 
USED TO BE MADE

X GRAMS GOLD = X NUMBER $
CURRENTLY 1 GRAM = $41.89

Slide 4 - Tekstslide

Slide 5 - Tekstslide

How are Euros made today?
A
ADDING GOLD TO THE RESERVE
B
ADDING OIL TO THE RESERVE
C
BASED ON GDP [GROSS DOMESTIC PRODUCT]
D
BANKS GIVING CREDIT/LOANS

Slide 6 - Quizvraag

FIAT CURRENCY
CURRENCY VALUE = DEBT BANKS GENERATE IN CUSTOMERS

TOTAL VALUE IS DETERMINED BY A PRIVATE CENTRAL BANK

LEDGERS OF BANKS AND CREDIT ARE NOT PUBLIC

CURRENCY IS NOT DEMOCRATIC BUT PRIVATE

Slide 7 - Tekstslide

ALTERNATIVES?

Slide 8 - Tekstslide

CRYPTO CURRENCY

Slide 9 - Woordweb

WHAT IS BITCOIN?

Slide 10 - Tekstslide

Slide 11 - Video

WHERE DO THEY COME FROM?

Slide 12 - Tekstslide

BITCOINS ARE MINED

THERE IS A FORMULA "PUZZLE" THAT MAKES RANDOM NUMBERS.

EACH RANDOM NUMBER FOUND "PUZZLE ANSWER" 
= 1 BITCOIN

Slide 13 - Tekstslide

EXAMPLE



ANSWERS:
X = 1 , B = 4
X = 2, B = 7
etc...
B=2X+(X+1)

Slide 14 - Tekstslide

BITCOIN MINING
THE MORE BITCOINS FOUND,
THE MORE COMPLEX THE FORMULA BECOMES,
MORE COMPUTERS NEEDED TO SOLVE [MINE] NEW BITCOINS.

Slide 15 - Tekstslide

HOW DOES IT TRADE?

Slide 16 - Tekstslide

Slide 17 - Video

HOW DO YOU SAVE BITCOINS?

Slide 18 - Tekstslide

Where can you save your keys?
Just like a word doc, you can save your keys, and your bitcoins. We keep these safe in a digital wallet.

Slide 19 - Tekstslide

Bitcoins are kept safe
with keys [encrypted code]
When we trade, we use our key to collect or send bitcoins

Slide 20 - Tekstslide

BITCOIN WALLETS
  • KEEP ON YOUR COMPUTER / LAPTOP
  • KEEP ON A USB KEY
  • KEEP IN A CLOUD STORAGE
  • KEEP AT A MARKET/BITCOIN BANK
  • USE AN APP AND SERVICE

Slide 21 - Tekstslide

DESKTOP
WALLETS

Slide 22 - Tekstslide

USB WALLETS

Slide 23 - Tekstslide

WEB WALLETS

Slide 24 - Tekstslide

MOBILE WALLETS

Slide 25 - Tekstslide

PAPER WALLET

Slide 26 - Tekstslide

MORE THAN JUST BITCOINS

Slide 27 - Tekstslide

What are some of the names of the different cryptocurrencies?

Slide 28 - Open vraag