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Bitcoin for Beginners
- Learn Fast Why Bitcoin Is the Invention of the 21st Century
- Narrated by: Scott Clem
- Length: 2 hrs
- Categories: Money & Finance, Economics
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Publisher's 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!
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What listeners say about Bitcoin for Beginners
Reviews - Please select the tabs below to change the source of reviews.
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- Jacob Reynolds
- 02-18-21
Informative
Been wondering about getting in and wondering what it’s all about. Very informative and good primer.
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- Alastair
- 02-04-21
Confusing
For something that is for beginners, I would expect it to be more explanatory, doesn't explain how a computer creates a transaction. The narration is horrible, I am assuming it is an automated voice, because it is hard to understand some of the words and it has absolutely no personality.
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- Chris W.
- 02-02-21
A very useful listen for anyone who is new to btc
Fairly comprehensive given the scope. I'll listen to it again to get an even better understanding.
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- Matt
- 01-23-21
Very informative
This story was very informative, but the narration, in my opinion, was a little weird. His pronunciation of certain words, and the way he talks and annunciates his sentences isn't normal. But it's still understandable.
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- Arlene Mckee
- 01-05-21
A fantastic informative book.
A fantastic informative book. I feel more confident about investing in this technology after listening to this.
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- Connagh Olson
- 01-05-21
Bitcoin is here stay.
Bitcoin is here stay. As technology continues to develop, Bitcoin will become more user-friendly & affordable as new opportunities open up. Very good insights and information. I especially enjoyed the chapter on security and risks.
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- Katie Blackwell
- 01-05-21
Very good narration and explanation.
Very good narration and explanation. A fantastic source to REALLY understand the technologies behind Bitcoin and cryptocurrency.
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- Bradleigh Wickens
- 01-05-21
Really liked this audiobook!
Really liked this audiobook as it gives all the necessary details on how Bitcoin works. The author provides a good mixture of theory and actional steps and tips. I recommend it to anyone who wants to get a deeper understanding of blockchain technology and cryptocurrency.
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- Junaid Daugherty
- 01-05-21
A great audiobook for beginners!
A great audiobook for beginners who want a better understanding of Bitcoin. It goes through all the salient points including how to buy, mine, sell, invest, as well as security and risks. I like the action plans for each chapter which makes it easy to get started. Highly recommended.
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- Abi Wade
- 01-05-21
Really liked this audiobook!
Really liked this audiobook as it gives all the necessary details on how Bitcoin works. The author provides a good mixture of theory and actional steps and tips. I recommend it to anyone who wants to get a deeper understanding of blockchain technology and cryptocurrency.
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- Andreas Wilder
- 01-03-21
Complete primer on Bitcoin
Peer to peer networking is changing everything. Get on board or get creamed! A must for would-be entrepreneurs. Very well audiobook.
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- Alima Garner
- 01-03-21
Bitcoin Explanation of Digital Revolution
A very informative book on Bitcoin technology and its potential effect on the global society. A digital 'new world order' that may be more equitable to the powerless. As with any new thing, the potential good, intent can always be hijacked, by the bad elements of society. A great listen.
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- Jimmy Southern
- 01-03-21
Useful book.Highly recommend!
You can find answers for all your questions about Bitcoin in this book. Useful information if you want to understand how it works. Highly recommend before starting investing in bitcoin. Everything is well explained.
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- Ryder Jacobs
- 01-03-21
Love this!!!
This book contains demonstrated advances and techniques on the best way to grow your insight on digital forms of money, for example, bitcoin, and the workings behind them, for example,Bitcoin .You will find the knowledge about Crypto currency . You will likewise find that its uses traverse more distant than money related, and it proves to be useful with practically every zone of business.So the book is highly recommended.
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- Beth Fry
- 01-03-21
Worth the money.
I thought this book was very good, I will definitely use the information in this book to my advantage. I thought the info was very easy to understand and apply. I highly recommend this book to everyone. 5 Star.
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- Cecelia Whittington
- 01-03-21
Amazing audiobook!
This audiobook truly covers all of the basics in the field of bitcoin that a beginner might need to understand this innovative concept. It’s a great listen for any beginner who is trying to understand bitcoin and it’s implications quickly.
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- Amelia-Grace Cullen
- 01-03-21
Intersting audiobook!
The does dig into the concepts and technologies. A good audiobook for people who are interested in bitcoin tech
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- Antonio Welch
- 01-03-21
Amazing audiobook!
A simple audiobook on the blockchain. Easy to listen. After this, you might make up your mind if you want to dig/understand more about blockchain.