August 21st to the 23rd, 2015
Bitcoin is a deregulated digital currency; this means that it is not influenced by any central bank. This form of digital currency uses a method of encryption (which why it's called cryptocurrency) that has many beneficial features that makes it superior to regular currency.
In 2008 the financial crisis hit hard in the United States and many other countries across the world. This was due to several factors; over indebted countries, the housing crisis, and the mismanagement of the financial markets. This affected the economic health of those countries and in a Global market a domino effect occurred as one country after another fell into recession. It was in response to the 2008 financial crisis that someone of the name of Satoshi Nakamoto decided to create this cryptocurrency and in early 2009 the world was introduced to Bitcoin!
There are a different ways to have Bitcoins. The following three below are ways in obtaining Bitcoin.
A digital wallet is essential in making transactions with the Bitcoin. You must have a digital wallet first in order to have Bitcoin. Although it's called a wallet, it doesn't hold the Bitcoin digital currency in its entirety. The digital wallet is a container for the point of reference of where your Bitcoins are located online.
Definitely! It is perfectly legal here and you can purchase items from either online or real stores that accept Bitcoin from anywhere in Canada. In fact there are many local businesses right here in Montreal that gladly accepts Bitcoin! Click here to see some and where they're located.
Just like American money, Bitcoin is used by people all over the world. And as we know, people use American currency for all sorts of things. Most of the time American currency is used legally and responsibly, but there are times when American money is used for illegal reasons. That being said, YOU are responsible of how you use your money.
No it does not. Bitcoins are made of data that was generated from a mathematical algorithm. It is a digital currency with no physical form. However, many in the media wanted to give a visual for it. This unfortunately made many people confused on its actual composition and many still believe it is a real physical coin.
The Montreal Bitcoin Expo entrance fee is 100% free. Our vision for the first ever Montreal Bitcoin Expo is to allow everyone to get a chance at seeing and understanding what Bitcoin is truly about. We found other conventions for Bitcoin great but they tend to be too focused on those who already use and understand it. We believe this financial/technological marvel should be introduced to anyone and everyone.
Bitcoin has gained much ground into the mainstream population, but we feel there is still a lot of work to be done on that front. The best way to attract a greater following would be to give an incentive of free entry and to let themselves be fully immersed in the Bitcoin world so that that can truly understand and appreciate this new digital currency! There will be multiple lectures on understanding what Bitcoin is and how to use it. These are made specifically for people who are new to the Bitcoin community. So come and enjoy the Expo, you have everything to gain in learning about Bitcoin.
We definitely haven't forgotten about you. Montreal is home to many early adopters of the Bitcoin cryptocurrency and we are proud to have a Bitcoin Embassy located in the heart of down town Montreal that helps further educate the people of Montreal on the importance of Bitcoin. Click here to check them out!
As for the content, we will have veteran speakers known within the Bitcoin community both locally and globally at the Expo. These speakers will be on panels for topics where existing understanding about Bitcoin is highly suggested.
We will be having booths of various businesses that provide Bitcoin related services. Some are local companies while others are from other parts of the world!
In addition to that, we will also show case various local businesses that accept Bitcoins when purchasing products or services from them. You will be shocked and amazed by the different kinds of stores that already accept Bitcoin!
There will be a Bitcoin Teller Machine (BTM) on site inside the Expo where you can purchase Bitcoins for yourself!
It will take place on August 21st - 23rd at Centre Mont-Royal located at 2200 Mansfield, Montreal. See the location section for detailed street address and directions.