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VuHoangDung report 17110077 (1)

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●Regulatory Risk●Security Risk ●Insurance Risk ●Fraud Risk ●Market Risk Risk... ● Blockchain is the chain of blocks actually, the keyword blockchain was not mentioned in the Bitcoin Whit

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Bitcoin: The risk and the opportunity

~ 19/12/2017 ~

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1 What is Bitcoin?

2 Risk of Bitcoin

3 Potential of Bitcoin

4 Vietnam policy

2

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●Regulatory Risk

●Security Risk

●Insurance Risk

●Fraud Risk

●Market Risk

Risk

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● Blockchain is the chain of blocks (actually, the

keyword blockchain was not mentioned in the Bitcoin Whitepaper, but only used after that)

● Verified transactions are aggregated into a block

● Each block has a unique hash id A valid block

contains the hash id of the previous block

Blockchain

4

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● “Bitcoin virtual currency and other similar is not lawful

means of payment in Vietnam; The issuance, supply, use of bitcoin and other similar virtual currency as a means of

payment is prohibited in Vietnam.”

● The ban does not, however, mention mining or exchange of virtual currencies, leaving open the possibility that Vietnam will permit cryptocurrency-or-blockchain-related activity So

long as they're not used to buy and sell stuff

● In the future

Vietnam

6

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