Bitcoin For Beginners: Learn Fast Why Bitcoin Is The Invention Of The 21st Century

By Boris Weiser

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 (+ 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 reading 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 reading 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 & Quantitative easing-Double Spending Problem & it's Solution-The revolution of Crypto & 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 & BTM-s-Market Manipulation & 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

• Format: Paperback
• Language: English
• ISBN: B08NDXHYSR
• ISBN13: 9798563954540
• Release Date: November 2020
• Publisher: Independently Published
• Length: 82 Pages
• Weight: 0.27 lbs.
• Dimensions: 0.2" x 6.0" x 9.0"