2. What is Bitcoin?
• Bitcoin is a Crypto Currency aka Digital Money.
• Bitcoin can also be treated as Digital Gold. Bitcoin can
be mined just like gold mining.
• Bitcoin is right now, is considered as a Global Currency.
• Only 21,000,000 Bitcoins only exists in the world.
• Bitcoin can NEVER be duplicated or created outside the
21 million, it is finite.
3. But it's more than that....
• Bitcoin is a revolutionary TECHNOLOGY never before
done in the history of humanity. (by Satoshi Nakamoto)
• An international network payment system that is
completely DECENTRALISED that doesn't rely on
banks, government or central authority.
• Highly TRANSPARENT, neutral and free from any
political influence and from any control.
4. Bitcoin Advantages
• RM100mil can be transferred from Malaysia to
anywhere in the world in INSTANTLY with no fee
involve and without going middle man (banks).
28. Merchants get CA$H
not Bitcoins...
Low friction barrier to entry.
Merchants are not at risk.
29. 1. Bitcoin Topup Cards
2. Bitcoin Bill Payments
3. Bitcoin Point of Sale
Startup Malaysia
& Exchange
4. Bitcoin Donation...
30. Business Model
• Our revenue model comes from transactions, commissions &
exchange fees.
•
Each exchange fee will be at 5%
• Each bill we get commissions of RM1
•
Each POS transaction will charge 1.5%
• Appreciation of Bitcoin price est. RM5000 end of this year
• Donation management fees of 20%
(now RM2181.91)
(imagine money exchanger)
31. Funds Required & Timelines
• Additional funding of RM500,000 required.
• Expand team, customer service & support to attend to customers.
• Expand tech team, developers to debug and fine tune system.
• Purchase of POS hardware (Android Tablets) ~RM100 each.
Targeting about 1000x Merchants accepting Bitcoin.
• Card printing cost & increase distribution sites to 100x locations.
• Security & Penetration Testing Certification + Licensing
All to be completed in 9 months