Vienna 🇦🇹

Bitcoin Dummies Meetup

Meetup Location

Location & Dates

Bitcoin Dummies Wien — Fri 3 Jan

Date: Fri 3 Jan 2025
Time: 14:00 – 15:40
Venue: Restaurant area at IKEA Wien WestBahnhof
Location: Vienna, Austria
Attendees: Software Engineer ×2, F&B industry, professional trader

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Meetup Photos

Key Topics

Part 1 — Bitcoin Basic (45 min): What is Bitcoin, How Bitcoin Transaction works, Consensus Algorithm, Mining/Halving, Digital Signature
Break (10 min)
Part 2 — Open Discussions (45 min): Digital Gold, Proof of Reserves, Investments
Part 1 is for newbies with easy-to-digest explanations; Part 2 is open Q&A. No dumb question in Bitcoin Dummies.

Questions From Participants

“What is difference between Bitcoin Node and Miner?”

“How does Lightning Network work?”

“What is the best advice for Bitcoin option trading for beginner?”

“Why is mining required?”

“Given that the newly minted Bitcoin after halving is small compared to the existing supply. How can we predict that the price will increase due to the 50% of reduction in mining rewards?”

“How long does it take to confirm transaction? Is it different from the Bitcoin Nodes?”

Your Notes / Insight

“Part 1 is mainly for newbies—comprehensive, easy-to-digest explanation. In Part 2, any topics and questions are welcome in open discussion. There is no dumb question in Bitcoin Dummies. Thanks!”

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