Simple Explanation of Bitcoin
Bitcoin for Beginners
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Narrated by:
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Tom Brooks
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Written by:
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Richard Man
About this listen
Over the last 10 years, the world has seen the rise and establishment of cryptocurrencies. What at first seemed like a dark web, alternative thing that only a specific group of people were into, now became a topic as relevant today as any other news in the Western stock market. And cryptocurrency was what started it all and it is still Bitcoin that remains as the number one most coveted cryptocurrency.
Bitcoin has existed since 2009, and during the last decade, it has survived the rise and fall of it’s “bubble” in 2017, and with the beginning of the 2020s, it has become an almost mainstream digital currency, endorsed by personalities like Elon Musk and companies like JP Morgan. It also, to this day, maintains the same volatility it was born with. Some people still refer to cryptocurrencies as the Wild West of Economy.
But what exactly is Bitcoin? Is it real money? How is it any different from regular, digitized money? What is blockchain? Is it better? Is it safe? How do I invest in it?
All of these questions have stormed the minds of many during Bitcoins and cryptocurrencies rise to fame. The internet is overwhelming in its information flow, and it seems like there is no one single source that helps with the lack of knowledge and accessibility to the issue.
It’s not a coincidence: For centuries, the financial market has behaved like a different sphere, and that way it can only keep a few players in the game. But Bitcoin is global and digital, and the last few years have proved that the map is getting bigger, and there are more players involved everyday.
This book is here to answer all of your questions. You’ll learn how Bitcoin works, its history, its uses, its complexities, and its culture. We deserve to be informed. Let this book welcome you into the club and finish it prepared for what’s next - whether that is a trip to the Wild West or a new era of economics based on cryptocurrencies.
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