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Paper Bitcoin

December 21 @ 6:30 pm - 8:00 pm

One huge advantage Bitcoin has over other assets is the ability to self-custody. When you buy Bitcoin on an exchange and leave it there your Bitcoin is just an entry in a ledger hence the term “paper Bitcoin”. You are trusting that they actually have the Bitcoin and you can withdraw it. You don’t actually possess it, you only have a claim. The exchange may not have the Bitcoin and they could have lent it out. Also paper Bitcoin is subject to market manipulation which can be used to manipulate the price. We’ll discuss this and more and answer any questions you may have. Beginners welcome.

Details

Date:
December 21
Time:
6:30 pm - 8:00 pm
Website:
https://www.meetup.com/bend-bitcoin-meetup/events/289931562

Venue

Broken Top Bottle Shop
1740 NW Pence Ln #1
Bend, OR us
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