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Summary

Bitcoin is the invention of the 21st century? Really? 

Well, Bitcoin is using Elliptic Curve Cryptography to participate in a discrete logarithm problem while uses SHA-256 hashing algorithm and ASCII encoding (plus many more technologies combined). 

Yet, some people refers to Bitcoin as a dead currency, a scam, a stock, a pyramid scheme or even a bubble, so why would you be interested hearing about it, correct? 

Well, Bitcoin is portable, durable, recognizable, fungible, scarce, hard to counterfeit and its supply is guaranteed to be stable. You might call it money, currency, cryptocurrency, medium of exchange, store of value, software, application, payment system, peer-to-peer network, decentralized system, borderless money, internet money, distributed ledger system, bank in your pocket, a chain of transactions, a chain of blocks, blockchain, trusted money, electronic cash, money of the internet or money of the people. And to understand why one might describe Bitcoin for any of the above mentioned; this easy to follow beginners guide will help you comprehend in no time! 

After listening to this book, you will be able to explain to your friends, family members or to anyone what Bitcoin really is, in plain English! 

Buy this book now and get started today! 

You will learn: 

  • Why Bitcoin is called cryptocurrency 
  • Defining medium of exchange 
  • Trusted third parties and quantitative easing 
  • Double spending problem and it's solution 
  • The revolution of crypto and digital cash 
  • Centralization and decentralization 
  • The rise of the cypherpunks 
  • What is the distributed ledger system 
  • How transactions are validated 
  • Bitcoin mining fundamentals 
  • Block reward process 
  • Block validation process 
  • Transaction fees 
  • Supply and demand 
  • Network effects and BTMs 
  • Market manipulation and price predictions 
  • The best time to buy bitcoins
  • The worse time to buy bitcoins
  • Why would you use Bitcoin
  • Why Bitcoin is not dead 
  • Why Bitcoin is not a scam 
  • Why Bitcoin is not a bubble 
  • Why Bitcoin is not a stock 
  • Why Bitcoin is not a pyramid scheme, and more.... 

Buy this book now and get started today! 

©2020 Boris Weiser (P)2020 Boris Weiser

What listeners say about Bitcoin for Beginners

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This is exactly what I need!

I found this book to be very helpful in expanding my rather limited knowledge of Bitcoin and it helped to resolve some of my doubts about investing in Bitcoin. Thank you!

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I'm satisfaied!

Great book a must get for every bitcoiner or to help orange pill anyone you think will be interested in bitcoin.

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I'm glad I found this audiobook

I'm glad I found this book. This book has it all. I was just a little bit curious about Bitcoin, but I had no idea how in-depth it is. It's universal and versatile, and safe. So many people are using it now. It really seems to be on its way to becoming a new staple in the financial field.

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An excellent beginner's guide to Bitcoin

As a noob I wanted to understand bitcoin better and this book helped me greatly to comprehend bitcoin. It answered a lot of my questions. It includes a detailed description on how to get started with investing in crypto.

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Well done!

This was a well written book that lays out the history of currencies. It shows what types of currencies have worked over time and what has not. There is a tremendous amount of detail on bitcoin from its beginning to today and beyond. If you're someone looking to learn about Bitcoin this is your book.

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Recommend for beginners!

This book has significantly helped me better my understanding of bitcoin, blockchain, and crypto in general. Leading to more informed and confident investing. If you are investing in bitcoin or crypto in general, or if you are curious about how all this stuff works, there is no better place to start!

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A great resource!

A great resource for anyone who wants to understand what blockchain and cryptocurrency is really all about. The text is well organised and has lots of fun and readable information as well as detailed explanations. It's a perfect companion for university students who are interested in blockchain technology or cryptocurrencies.

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Excellent introduction!

Inventing Bitcoin is an excellent introductory book on Bitcoin. Highly readable, easily digestible, clearly-written, and compelling in its arguments, Inventing Bitcoin neatly explains key concepts and demystifies the Bitcoin system. Anyone and everyone who wants to understand Bitcoin should listen to this audio book.

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Definitely the best one!

If you don't know much about bitcoin, this is definitely the best and easiest place to start with. The book explains every part of bitcoin and its monetary system in a very comprehensive way.

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A must read for everyone!

A must read for everyone. I went into this book expecting to learn a little bit about Bitcoin and try to understand the basics to why it is such a draw to so many. But what I got was a quick lesson on the history of money in general and how it has built and shaped every aspect of society today. Such an interesting and eye opening book.