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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
- Unabridged Audiobook
- Categories: Computers & Technology, Data Science
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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
Average Customer RatingsReviews - 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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- Nikkita Pham
- 07-12-21
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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- Travis Spence
- 07-12-21
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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- Christie Delaney
- 07-12-21
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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- Tiegan Sheehan
- 07-12-21
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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- Elena Frederick
- 07-12-21
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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- Glen Romero
- 07-12-21
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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- Krystal Simmonds
- 07-12-21
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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- Layan Lynn
- 07-12-21
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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- Vladimir Fraser
- 07-12-21
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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- Sania Sharples
- 07-12-21
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.