oral presentation

Majed Alqatari

Jack Kennedy

JTC300- Oral Presentation

July 5th, 2019

Speaking Outline

Audience Analysis:

My final feasibility report is written in an approach that facilitates the comprehension process for the future and current investors. Ordinary individuals might gain some knowledge about the currency, but the intended audiences are the ones who should get the full picture regarding the feasibility report. Those specific audiences would have the ability to understand the currency of Bitcoin and its related advantages and drawbacks. Those individuals who can analyze the report and comprehend it more than others are considered to be the stakeholders of the issue. The stakeholders of this report are:

· Business scholars

· Current and future investors

· Cryptocurrency analysts

· Banking experts

The feasibility report as an entity may require some academic level to be obtained to understand the details of the issue of Bitcoin. However, young individuals such as college students tend to explore various topics, which include investing in Bitcoin. In other words, the topic of Bitcoin as a standard currency might be attractive for college students to read, but ultimately the main stakeholders such as Business scholars would be very interested in the report due to its relevance to their fields. When it comes to the presentation, it is going to be structured in a simple way that would make the topic easy to understand for ordinary college students.

Moreover, the presentation provides college-level terms and descriptions, thus the audience should be fluent enough in English to understand the meaning of the terms. Also, there is a demonstrating graph provided to assist the presenting the issue of Bitcoin to the audience. More than that, a summarizing table is given in the presentation to help the audience get the main findings of the report in an organized way. Therefore, the audiences are expected to have the ability to visualize the graph and understand the provided table in an efficient way. Overall, there are various people from different fields and majors who are interested to learn about cryptocurrency and especially Bitcoin.

Introduction:

Good day to you, my name is Majed Alqatari and I’m majoring in Environmental Engineering. Today, I am going to present to you a concise summary of my final report that I articulated about the feasibility to make Bitcoin a standard, valid currency worldwide. The list of slides will be:

· Description/Background of Bitcoin

· Application Trend

· Research Approach and Criterion

· Outcomes

· Conclusion and Recommendation

Body:

Since the currency of Bitcoin is correlated to a major industry that encompasses various investors and scholars, it is vital to initially describe what Bitcoin is:

· What is Bitcoin? A decentralized exchange unit

·

Why Bitcoin? Give two key tempting features of Bitcoin (user anonymity and mobile payments)

· User anonymity: The individuals who send and receive money are anonymous. No personal information will be disclosed or provided.

· Mobile payments: Transferors of Bitcoin can use their mobiles to make fast and convenient transactions of Bitcoin.

In the year 2008, the cryptocurrency of Bitcoin was introduced with a very low market value. After around 9 years, the value of Bitcoin skyrocket. This given graph exhibits the progress of Bitcoin’s value throughout the years. Demonstrate the provided graph (around 1-2 minutes)

In order to examine the feasibility of Bitcoin as a standard currency worldwide, I assigned three main elements for my conducted research:

· Safety

· Existing stability

· Technical concern

Based on the resources I found online and in the CSU library database, there are tangible pros and cons of dealing with the cryptocurency Bitcoin as a standard currency.

Go over and explain the advantages and drawbacks the provided table (1-2 minutes)

Most of the advantages of Bitcoin derive from:

· Criminal conduct: The anonymous state of Bitcoin as a cryptocurrency can casue criminal activities from external sources like money laundering and drug trades.

· Highly volatile: The value of Bitcoin is consistently fluctuating and is affected by various factors that may make it unsafe.

· Government intervention: Government regulations can affect the feasibility of Bitcoin since trading Bitcoin is considered to be illegal and it is not deemed as an official currency.

Despite the fact that these drawbacks are true, many experts think that these cons are minor and can be dealt with affordable costs and methods. Also, the advantages of Bitcoin as a standard currency outweigh the cons. The advantages are:

· Irreversible and secure

· Private and anonymous

· Non-inflationary

· Fixed price

· Speedy transfer

· No intermediary required

· Freedom of transfer

Briefly elaborate the advantages of Bitcoin (1-2 minutes).

Conclusion and Recommendations:

To conclude, based on the data and information collected from the research, it can be deduced that Bitcoin is feasible to be a standard currency since the advantages outweigh the drawbacks.

Also, in order to resolve the drawback, there are several recommendations to be followed:

· Improve the regulations by government to centralize and monitor the anonymous activities of Bitcoin.

· Install wallet software to back their information and is considered to be affordable for all people (USB & CD).

Finally, I would like to say thank you for your attention and listening. I hope that you benefited from this presentation and got to know new information about Bitcoin. Should you have any questions and concerns about my presentation, feel free to reach out and contact via email.