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David Smith

David is on track to retire in two years from investing in bitcoins. David wants to help you understand the once in a lifetime opportunity this digital currency revolution provides. The digital...

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Bitcoin's Mainstream Readiness To Be Tested At Workshop

Bitcoin usage has been the domain of tech savvy individuals.

Just like the internet in the early 1990s may have been too complex and unpolished for many to use, some think bitcoin isn't ready for most people. Others disagree.

Can those who have never touched bitcoin be converted into users in under two hours?

Bitcoin enthusiasts will be testing that theory in Chicago, Illinois, by hosting a Bitcoin for Beginners workshop at the North American Bitcoin Conference July 19 and 20.

Related Link: iPhone No Longer Barrier To Bitcoin Adoption

Free and open to the public, everyone from programmers to teenagers to grandparents are invited to attend the workshop. The event may prove to be a success if these diverse attendees are able to use the currency without issue. Detractors may be proven right if attendees are still unable to grasp the cryptocurrency.

Helping Eliminate The Learning Curve

Bitcoin uptake has been plagued by myths and difficulty understanding it. Many people who have heard about bitcoin still don't understand what it is and have many misconceptions about the complex topic.

Tackling these myths, the educational workshop will equip attendees with a bitcoin wallet from Coinbase containing $10 worth of bitcoins. After receiving their wallet, attendees will learn how to make purchases from online retailers such as Overstock and traditional retailers like Reeds. Attendees will also learn how to donate to charities and how to exchange bitcoins for U.S. dollars.

This workshop is one of the first attempts to bring bitcoin into contact with everyday people on a wide scale.

Disclosure: At the time of this writing David Smith has a long bitcoin position, owns So What’s Bitcoin and is one of the Bitcoin for Beginners workshop organizers.

Tags: Bitcoin Chicago workshop

Posted in: Education Tech General