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Publisher's Summary

Okay, so what's Bitcoin?

It's not an actual coin, it's "cryptocurrency", a digital form of payment that is produced ("mined") by lots of people worldwide. It allows for peer-to-peer transactions instantly worldwide, for free or at very low cost.

Bitcoin was invented after decades of research into cryptography by software developer Satoshi Nakamoto (believed to be a pseudonym), who designed the alogorithm and introduced it in 2009. His true identity remains a mystery.

How does Bitcoin work?

Internet users transfer digital assets (bits) to each other on a network. There is no Online bank; rather, Bitcoin has been described as an Internet-wide distributed ledger. Users buy Bitcoin with cash or by selling a product or service for Bitcoin. Bitcoin wallets store and use this digital currency. Users may sell out of this virtual ledger by trading their Bitcoin to someone else who wants in. Anyone can do this, anywhere in the world.

There are smartphone apps for conducting mobile Bitcoin transactions, and Bitcoin exchanges are populating the Internet.

©2017 Michael Peterson (P)2018 Michael Peterson

What members say

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    5 out of 5 stars
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    5 out of 5 stars

Another great intro.

I have listened to a few short audiobooks about crypto currencies in the last couple of months. This one had some really interesting historical bits that I found really fascinating.

Get set up to deal in these markets today. This audiobook might not answer all of your questions, but it will give you enough to start asking the right questions. This would be a helpful intro for anyone interested in getting into the game.

The content was well organized and the narrator did a great job.

I was given this free review copy audiobook at my request and have voluntarily left this review.

2 of 2 people found this review helpful

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Enough information to get started

Bitcoin for Beginners is a great introduction to the world of Bitcoins. Anyone who is interested in starting to trade could do so with the information provided here. Just keep in mind this is a grand overview. It sparked my interest enough to do more research and possibly start purchasing/trading some bitcoin.

I requested a free preview copy of this audiobook and I am leaving a voluntary review.

2 of 2 people found this review helpful

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Informative !

Informative description of Bitcoin on it's beginnings and inner workings.

"I was given this free review copy audiobook at my request and have voluntarily left this review."

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  • TU
  • 02-21-18

30000 ft look at Bitcoin

I was given this free review copy audio book at my request and have voluntarily left this review.

This was a decent, high level, overview of Bitcoin. It was not that technical and gave a 30,000 foot view of what Bitcoin is. I'm not sure it provides enough info to actually get started using Bitcoin, though. If you are looking for a quick "cliff notes" overview then I would recommend this. If you ACTUALLY want to start using Bitcoin, you'll need to do a LOT more research.

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Great basics on cryptocurrency

Slowly I am working on learning about bit coins and other cryptocurrency and how they could effect my life. This book explained things on a basic level and helped me focus m,y questions so I can do the research I want not waste a lot of time chasing down dark alleys of information.

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  • Al
  • 02-13-18

A Good Primer For Crypto

I highly recommend this title for anyone who is interested in learning about crypto currency. Informative and easy to follow. Nicely done. I was provided this audiobook at no charge by the author, publisher and/or narrator in exchange for an unbiased review via Audiobook Blast

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Simple summary of Bitcoin economics

'Bitcoin for Beginners" is short introduction to the history of Bitcoin, how it differs from traditional currencies, and the nature of current events regarding it. All this it does well, except that at times the author refers to events without giving the listener an account of said events. Perhaps intentionally (e.g. for simplicity's sake) it focuses on Bitcoin alone, and predominantly on how it's affecting the world and could affect you. This could be a positive point for some. It neither describes other cryptocurrencies nor the details of the technology itself, though it does cover at least the key points of the latter. I think more content addressing these could have been beneficial.

As for the reader, he was clear and sounded reasonably engaged.

I was given this free review copy audiobook at my request and have voluntarily left this review.

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Nice Book for Beginners

The information provides a nice overview for beginners, as the title states. Not too technical and easy to understand.

The narration is acceptable, although there is some echo and popping of the letter "P".

I was given this free review copy audiobook at my request and have voluntarily left this review.

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A solid, well-rounded overview

This book was a great quick overview of what bitcoin is, why it's important, and what you need to know about it.

The thing that made this book the most useful, in my opinion, is the lists and examples that are included. For example a list of Bitcoin exchanges is given along with a security rating for each of them. There is also a list of concerns/things you should know about bitcoin where a lot of common misconceptions are put to rest.

If you don't know anything about bitcoin and would like to understand what all of the hype is about then I'd recommend this book, it would be worth the time. Just remember that, like the title says, this book is geared toward beginners.

Full disclosure: I was given a free copy of this book in exchange for an honest review.

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Cliff's notes for Bitcoin

Very informative intro to the world's most famous cryptocurrency. Even better, much of this information is equally applicable to all cryptocurrencies. Especially: micropayments, blockchains, anonymity, security, and its distributed nature.

This book was given to me for free at my request and I provided this voluntary review.