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Publisher's Summary

Everyone is talking about Bitcoin, but most people have no idea what the fuss is about. If you keep hearing about Bitcoin but don't understand the hype, this audiobook was created for you. It features:

  • A five-word definition of Bitcoin
  • No technical jargon
  • A step-by-step explanation for the complete novice

This is a "what is" book, not a "how to" book. Learn why the most popular objections to Bitcoin aren't very accurate, including:

  • "Bitcoin is just a Ponzi scheme!"
  • "It's used only by criminals!"
  • "It's not a real currency!"
  • "It has no intrinsic value!"
  • "What about Mt. Gox?"

Enthusiasts often claim the technology is invincible and perfect; it isn't. To understand Bitcoin clearly, you have to know the real challenges facing the technology, including:

  • The 51 percent attack
  • Transaction limits and confirmation times
  • The year 2140
  • Governments and regulations

Bitcoin has been called "the future of online payments". Learn why big-name companies have started accepting the currency, including Microsoft, Dell, Newegg, TigerDirect, Overstock.com, Dish Network, and Expedia. By the end of this audiobook, you will have a clear answer to the question "what's the big deal about Bitcoin?"

©2015 Steve Patterson (P)2015 Steve Patterson

Critic Reviews

"By far the clearest, most enjoyable, and most enlightening book about Bitcoin I've read. This is a must-read for anyone curious about the currency." (Isaac Morehouse, CEO of Praxis)

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great summary

Excellent summary of BTC. Learned new information. Book was helpful. Appreciated the author's perfect balance of detail and summarization.

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Perfect

Exactly what I needed to understand the basics of Bitcoin. None of the other books I tried even comes close.

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perfect for beginners

This book certainly answered its titular question. I'm now very excited about all the possibilities that are yet to come with this technology.

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Informative

This book was informative and educational. it took approximately 3 hours to get through. Addictive reading.