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What Are Bitcoins and Why Are They Important? (Online Class)

Keith Cutler- 17522

Thursday, May 23, 2013 from 4:00 PM to 5:00 PM (EDT)

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What Are Bitcoins and Why Are They Important? (Online Class)

Thursday, May 23rd from 4:00 - 5:00 pm EST

Charlie Shrem, CEO, BitInstant

Alex Waters, CIO, BitInstant

Charlie Shrem, CEO of BitInstant, the largest bitcoin company in the United States, and CIO Alex Waters (formerly of bitcoin core dev), will discuss what bitcoins are and what they might mean for the global economy. They will briefly overview the creation and release of the bitcoin protocol and its rise in popularity. This discussion will focus on the challenges the currency faces, and how, if successful, the bitcoin experiment may change the world.



Charlie Shrem is co-founder and CEO of Bitinstant, the leading financial integration service of the international, open-source Bitcoin payment network.  Charlie leveraged his position in both the old banking world and new alternative currency world to help pave the way for the Bitcoin economy to emerge in early 2011. Known in the Bitcoin and old hacker communities as “Yankee,” Charlie is also a founding member and current Vice Chairman of the D.C-based Bitcoin Foundation.  Along with Gareth Nelson, Charlie found the need for a more secure, faster, and convenient way of transferring funds between and within payment networks around the world and leads BitInstant through the complex compliance, licensing, and regulations of the worldwide banking system.  Currently residing in New York City after his successful exit from DailyCheckout.  Charlie earned his BS in Economics & Finance at the City University of New York–Brooklyn College in 2011.

Alex Waters is the CIO of BitInstant and was a developer on  You can check out his work at


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Have questions about What Are Bitcoins and Why Are They Important? (Online Class)? Contact Keith Cutler- 17522



Keith Cutler- 17522

General Assembly is a campus for technology, design, and entrepreneurship. We provide educational programming, space, and support to facilitate collaborative practices and learning opportunities across a community inspired by the entrepreneurial experience.

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