Informative Speech--Bitcoin

Giovanna Monteiro COMM 101 - 51b Informative Speech Essay Bitcoin Creationings Everyone, I am here today and informing about the creation of the new digital currency Bitcoin. Think about who is managing your money besides you. Who do you think about you? you? Your bank? Bank employees? Well, please tell me whether the bank is bankrupt. Otherwise, in order to achieve the sales goal, we opened a fake bank account under the name of a customer without doubt in Wells Fargo's fraud case. For those concerned about the safety of their bank account today, Bitcoin is a new, anonymous and secure currency trading method that even can guarantee its safety. In 2008, an unknown individual named Satoshi Nakamoto created a virtual currency called bit coin. Bit coins are digital currencies where only information is transactions. That code is open to the public free of charge, and you can create many other derived coins.

Bitcoin is a distributed digital currency. Each person can issue Bitcoin according to specific conditions and check Bitcoin account information of all users. Computers that store bit coin account information are called nodes. There are currently 9,527 nodes throughout the world. (Click here -> https://bitnodes.21.co/) Back to our question, can Ji use more bit coins than it actually is? More specifically, can he create more bit coins and hand it over to the mother? If Satoshi owns 10 bitcoins and claims that he has 20 bitcoins, he tries to send 20 bitcoins to his mother, the other nodes will see Satoshi and his mother's account information We refuse to update. Since each node stores bit coin account information of all users, they actually know how much bit coin wisdom they possess.