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The Bitcoin Guidebook
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Book Synopsis The Bitcoin Guidebook by : Ian DeMartino
Download or read book The Bitcoin Guidebook written by Ian DeMartino and published by Simon and Schuster. This book was released on 2018-10-30 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2018 Revised Edition Bitcoin has made early investors like the Winkelvoss twins millions in a matter of minutes in the past year and has the potential to transform the financial landscape. It's not too late to get in on the action. Bitcoin is not another payment processor. Like the Internet, Bitcoin is a technology that runs through a distributed network. No one controls it, and no one can shut it down. Bitcoin has been called the currency of the Internet, but it is much more powerful than that. More astute observers have called it the Internet of currency. This new, revised edition of The Bitcoin Guidebook has the most up-to-date info and recommended approaches for anyone who doesn't want to be left behind in the next technological revolution. It is an easy-to-read, easy-to-understand guide that explains everything the reader needs to know about how Bitcoin and other digital currencies work, what they can be used for, and how they will shape our society in the future. Topics covered include: The digital currency's origins, past, present, and future The revolutionary blockchain technology behind Bitcoin, and its future for the industries of music, arts, photography, and more How to obtain and invest in Bitcoin or other cryptocurrency How and where to spend Bitcoin Bitcoin's relationship with the seedy Internet underground Alternative digital currencies, like ethereum, ripple, litecoin, IOTA or dash How governments and financial institutions may react to cryptocurrency in the future How to interact with other Bitcoin owners on exchanges like Coinbase
Book Synopsis Crypto Investing Guide by : Ian Balina
Download or read book Crypto Investing Guide written by Ian Balina and published by Token Metrics. This book was released on 2021-09-07 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lack of knowledge is no longer an excuse - there's no time like the present for becoming a crypto investor. What if we told you that one book could contain an entire education in crypto investing topics? Whether you're an uninitiated newbie or an established veteran, this book exists to help you get a profitable start as a new crypto investor. The committed reader will go on an educational journey that starts in the world of conventional finance before crossing the crypto bridge to go deep on crypto assets, decentralized finance, NFTs, and security token offerings. This book is your one-stop shop on building a deadly working knowledge of the crypto markets and our ideas on how to play them profitably. It's time for the wall of technical smoke and mirrors around crypto to come down, and this book represents an experienced technical team sharing its hard-won knowledge as accessible as possible. You don't need to be a math genius to trade crypto successfully. But you do need a strong base of knowledge to work from. This book is your foundation.
Book Synopsis The Everything Guide to Investing in Cryptocurrency by : Ryan Derousseau
Download or read book The Everything Guide to Investing in Cryptocurrency written by Ryan Derousseau and published by Simon and Schuster. This book was released on 2019-03-05 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maximize your money while avoiding the potential pitfalls of investing in cryptocurrency—this handy guide shows you how to get in from the bottom up in this hot new market. Cryptocurrency—a digital asset that uses cryptography to secure all of its transactions, making it nearly impossible to counterfeit—is moving into the mainstream, receiving coverage from major financial websites such as Forbes and Bloomberg, as well as increased attention from serious financial institutions, and experiencing wider availability in trusted markets, such as the world’s largest futures exchange, Chicago Mercantile Exchange. As the price of Bitcoin and other cryptocurrencies continue to fluctuate and and news stories of cryptocurrency hackers increase, investors have to be more conscious of the huge opportunities and large risks in this market. Understanding these risks and rewards of cryptocurrency is vital for everyone wanting to make money on this exciting new form of investing. The Everything Guide to Investing in Cryptocurrency is an authoritative and comprehensive guide to help you safely jump into the lucrative world of e-commerce. You’ll learn: —The different major cryptocurrencies, including Bitcoin, litecoin, and ethereum —Where to buy and sell cryptocurrencies safely and securely —Setting up and managing your cryptocurrency wallet —Properly analyzing their investments Leap into cryptocurrencies with a full understanding of what you’re investing in. With the help of The Everything Guide to Investing in Cryptocurrencies, you’ll maximize your gains and minimize your risks in this radical new frontier.
Book Synopsis Handbook of Digital Currency by : David LEE Kuo Chuen
Download or read book Handbook of Digital Currency written by David LEE Kuo Chuen and published by Academic Press. This book was released on 2015-05-05 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating currencies, payment methods, and protocols that computers use to talk to each other, digital currencies are poised to grow in use and importance. The Handbook of Digital Currency gives readers a way to learn about subjects outside their specialties and provides authoritative background and tools for those whose primary source of information is journal articles. Taking a cross-country perspective, its comprehensive view of the field includes history, technicality, IT, finance, economics, legal, tax and regulatory environment. For those who come from different backgrounds with different questions in mind, The Handbook of Digital Currency is an essential starting point. Discusses all major strategies and tactics associated with digital currencies, their uses, and their regulations Presents future scenarios for the growth of digital currencies Written for regulators, crime prevention units, tax authorities, entrepreneurs, micro-financiers, micro-payment businesses, cryptography experts, software developers, venture capitalists, hedge fund managers, hardware manufacturers, credit card providers, money changers, remittance service providers, exchanges, and academics Winner of the 2015 "Outstanding Business Reference Source" by the Reference and User Services Association (RUSA)
Book Synopsis Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond by : Chris Burniske
Download or read book Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond written by Chris Burniske and published by McGraw Hill Professional. This book was released on 2017-10-20 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The innovative investor’s guide to an entirely new asset class—from two experts on the cutting edge With the rise of bitcoin and blockchain technology, investors can capitalize on the greatest investment opportunity since the Internet. Bitcoin was the first cryptoasset, but today there are over 800 and counting, including ether, ripple, litecoin, monero, and more. This clear, concise, and accessible guide from two industry insiders shows you how to navigate this brave new blockchain world—and how to invest in these emerging assets to secure your financial future. Cryptoassets gives you all the tools you need: * An actionable framework for investigating and valuing cryptoassets * Portfolio management techniques to maximize returns while managing risk * Historical context and tips to navigate inevitable bubbles and manias * Practical guides to exchanges, wallets, capital market vehicles, and ICOs * Predictions on how blockchain technology may disrupt current portfolios In addition to offering smart investment strategies, this authoritative resource will help you understand how these assets were created, how they work, and how they are evolving amid the blockchain revolution. The authors define a clear and original cryptoasset taxonomy, composed of cryptocurrencies, cryptocommodities, and cryptotokens, with insights into how each subset is blending technology and markets. You’ll find a variety of methods to invest in these assets, whether through global exchanges trading 24/7 or initial cryptoasset offerings (ICOs). By sequentially building on the concepts of each prior chapter, the book will provide you with a full understanding of the cryptoasset economy and the opportunities that await the innovative investor. Cryptoassets represent the future of money and markets. This book is your guide to that future.
Download or read book Crypto Profit written by Peter Bryant Msc and published by Cryptoprof Publications. This book was released on 2020-01-07 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eye-opening book explains why, contrary to what most people believe, investing in cryptocurrencies is actually a good idea. In fact, cryptos are on track to be the best investment opportunity of the 21st century. Author Peter Bryant ('the Crypto Prof') is an experienced, professional investor. He has achieved significant profits by investing in cryptocurrencies and has helped his clients to do the same. Now, he presents his case for trading and investing in cryptos and explains how to do so safely and successfully. In this book, Bryant explains in clear, non-technical language what bitcoin and other cryptocurrencies actually are, why they are rapidly gaining acceptance and the best ways to invest in them. The book is written for sceptics and doubters, patiently addressing all of the common objections and dispelling the myths surrounding these little-understood new ways of transacting value. The investment strategies are presented as clear, simple step-by-step guides that anyone can follow. Welcome to the truth about Crypto Profit.
Download or read book Blockchain written by Xu Mingxing and published by Simon and Schuster. This book was released on 2018-11-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain should be easy to understand, but the so-called “experts” always explain it in such a complicated way! Through 200 original illustrations, this book provides simple explanation of Blockchain technology: what Blockchain is and how it works. This book will help you, understand everything about Blockchain, including: The Origin, The Theory, The People, The Application, The Brief History of Blockchain And many more fundamental aspects of blockchain!
Download or read book Mastering Monero written by SerHack and published by Lernolibro LLC. This book was released on 2019-04-18 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Mastering Monero - The future of private transactions" is the newest resource to help you learn everything that you want to know about the cryptocurrency Monero. The book, available in electronic and physical form, provides the knowledge you need to participate in this exciting grassroots, open-source, decentralized, community-driven privacy project. Whether you are a novice or highly experienced, this book will teach you how to start using and contributing to Monero. The resource introduces readers to the cryptocurrency world and then explains how Monero works, what technologies it uses, and how you can get started in this fantastic world! For technical people, there are some chapters that provide in-depth understanding of the Monero ecosystem. The Monero cryptocurrency is designed to address and avoid practical troubles that arise from using coins that do not protect your sensitive financial information. Cryptocurrencies have revolutionized the financial landscape by allowing anybody with an internet connection to instantly access secure, robust, censorship-free systems for receiving, storing, and sending funds. This paradigm shift was enabled by blockchain technology, by which thousands of participants store matching copies of a “public ledger”. While this brilliant approach overcomes many economic hurdles, it also gives rise to a few severe downsides. Marketing corporations, snooping governments, and curious family members can analyze the public ledger to monitor your savings or study your activities. Monero mitigates these issues with a suite of advanced privacy technologies that allow you to have the best of all worlds! Instead of a public ledger, Monero has a shared private ledger that allows you to reap the benefits of a blockchain-based cryptocurrency, while protecting your sensitive business from prying eyes. This book contains everything you need to know to start using Monero in your business or day-to-day life. What are you waiting for? Get your copy of Mastering Monero now!
Book Synopsis Bitcoin and Cryptocurrency Trading for Beginners 2021 by : Nicholas Scott
Download or read book Bitcoin and Cryptocurrency Trading for Beginners 2021 written by Nicholas Scott and published by . This book was released on 2021-04-11 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kickstart your crypto investments and tap into the power of NFTs with this ultimate trading bundle! Are you an aspiring or experienced cryptocurrency investor, and you want to discover what this ever-evolving landscape has in store for you? Have you heard about Non-Fungible Tokens before, and you want to learn how this lucrative opportunity can make you money? Or are you looking for a down-to-earth beginner's guide to the world of crypto investing? Then this collection is for you! Packed with handy beginner's advice and simple cryptocurrency trading strategies, this complete collection outlines the fundamentals of Bitcoin investing, NFTs, and crypto in a practical way. Built on a solid foundation designed to give you a comprehensive overview of the essential cryptocurrency knowledge you'll need to become a successful trader, this bundle provides the most up-to-date advice for this rapidly changing marketplace. Written by successful cryptocurrency trader Nicholas Scott , who achieved financial freedom with these strategies, Bitcoin and Cryptocurrency Trading for Beginners 2021 details his approach to the world of cryptocurrency trading. From beginner trading advice to help you break into the market to advanced analysis and tons of tips & tricks, this bundle is your complete guidebook for navigating the cryptocurrency landscape. Inside Trading Cryptocurrency, you'll discover: Cryptocurrency 101 - How To Pick The Perfect Coin and Trading Platform For You How To Build The Perfect Trading Strategy To Kickstart Your Income The Complete Beginner's Guide To Analyzing The Market Essential Tips For Protecting Your Coins and Keeping Your Investment Safe And a Wealth of Advice For Making The Most of Cryptocurrency Trading Inside NFT For Beginners, you'll find: Why Non-Fungible Tokens Are The Future of Currency Exploring The Countless Uses of NFTs In The Digital World Step-By-Step Ways To Create And Sell Your Own NFTs The 6 Secret Qualities of a High-Value NFT And Much More... And inside Investing in Bitcoin and Cryptocurrency, you'll learn: Breaking Down The Basics of Cryptocurrency Investing Why YOU Should Be Investing In Crypto Today The Essential Things To Know Before You Start Investing Simple and Straightforward Instructions For Making Your First Investment 20+ Handy Tips For Supercharging Your Trading Skills And So Much More! Combining straightforward instructions and beginner advice with advanced trading strategies and wisdom, Bitcoin and Cryptocurrency Trading for Beginners 2021 will take you by the hand and show you how even a complete novice can begin investing in cryptocurrency and seeing results. If you've always wanted to get in on this lucrative opportunity, but you never knew how, then this bundle was written for you. Are you ready to tap into the power of crypto? Then scroll up and grab your copy now!
Book Synopsis Blockchain Quick Start Guide by : Xun (Brian) Wu
Download or read book Blockchain Quick Start Guide written by Xun (Brian) Wu and published by Packt Publishing Ltd. This book was released on 2018-12-27 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn quick and effective techniques to get up and running with building blockchain including Ethereum and Hyperledger Fabric. Key FeaturesUnderstand the key concepts of decentralized applications and consensus algorithmsLearn key concepts of Ethereum and Solidity programmingPractical guide to get started with build efficient Blockchain applications with Ethereum and HyperledgerBook Description Blockchain is a technology that powers the development of decentralized applications.This technology allows the construction of a network with no single control that enables participants to make contributions to and receive benefits from the network directly. This book will give you a thorough overview of blockchain and explain how a blockchain works.You will begin by going through various blockchain consensus mechanisms and cryptographic hash functions. You will then learn the fundamentals of programming in Solidity – the defacto language for developing decentralize, applications in Ethereum. After that, you will set up an Ethereum development environment and develop, package, build, and test campaign-decentralized applications.The book also shows you how to set up Hyperledger composer tools, analyze business scenarios, design business models, and write a chain code. Finally, you will get a glimpse of how blockchain is actually used in different real-world domains. By the end of this guide, you will be comfortable working with basic blockchain frameworks, and develop secure, decentralized applications in a hassle-free manner. What you will learnUnderstand how blockchain hashing worksWrite and test a smart contract using SolidityDevelop and test a decentralized applicationBuild and test your application using Hyperledger FabricImplement business network using Hyperledger ComposerTest and interact with business network applicationsWho this book is for The book is for developers, analysts, or anyone looking to learn about Blockchain in a quick and easy manner.
Book Synopsis How to DeFi: Advanced by : CoinGecko
Download or read book How to DeFi: Advanced written by CoinGecko and published by CoinGecko. This book was released on 2021-07-01 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Education is paramount in DeFi and resources such as How to DeFi are so important. Not only is this an excellent sequel, but once again, the team at CoinGecko have managed to provide a comprehensive and in-depth overview of an ever changing space” – Ganesh Swami, CEO of Covalent "This book comes as an excellent follow-up to their first book, and provides a deeper dive into DeFi and on how to navigate the nuances in the space.” – Jocelyn Chang, APAC Growth Lead, MakerDAO Growth Core Unit “How To DeFi will help you make life-changing decisions when building and using DeFi protocols and applications of this decade.” – Molly Wintermute, Founder of Hegic Decentralized Finance’s (DeFi) mission is clear: reinventing traditional finance's infrastructure and interface with greater transparency, accessibility, efficiency, convenience, and interoperability. By April 2021, there has been over $86 billion worth of cryptocurrencies locked up in the DeFi applications, 86 times larger than a year ago. The traditional financial industry is getting rapidly disrupted and DeFi is reshaping the way global financial systems operate. In this book, you will learn about various decentralized financial primitives, such as stablecoins, exchanges, lending, insurance, derivatives, and more. DeFi has already existed since 2018, but it has recently witnessed a surge in popularity in the first half of 2021 with no ceiling in sight. Use this book to gain insight into the novel financial innovations enabled by DeFi. Join us in this exciting adventure of redefining finance. In this book, you will discover: - What is DeFi and the key categories within it - An insider’s look at how to evaluate various DeFi protocols - Services that empower the DeFi ecosystem: Oracles and Data Aggregators - Multichain bridges that seamlessly connect and move funds between blockchains - Causes of DeFi exploits and how can you avoid them
Book Synopsis The Black Book of Bitcoin by : Mark Janniro
Download or read book The Black Book of Bitcoin written by Mark Janniro and published by Createspace Independent Publishing Platform. This book was released on 2015-11-27 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you know that if you had invested $1,000 only five years ago in Bitcoin you could have around $4,000,000 today?(yes, that's 4 million dollars!) Bitcoin is one of the safest, freest and better way to store your money away from banks and governments. Using it as a way to save, invest or trade; you can forget about unscrupulous third parties, charging you anything from unfair commissions or taxes to prohibitive transfer fees. However to take advantage of the full power and possibilities of Bitcoin, you will need to educate yourself so the details and terminology don't overwhelm you. In this step-by-step guide you'll learn from Mark Janniro, a true expert in the subject:- The details on how to store and protect your bitcoins - How to buy and sell them - how to start with mining - How do wallets work - How to trade bitcoin - And all the concepts on how the entire system works So you can make a very informed decision if you are planning to enter in the fascinating world of Bitcoin. If you need to move money across borders, if you need to save for the long term, if you want to try your hand at trading: bitcoin is your cheapest and safest choice.You can learn everything that you need to get started in Bitcoin by reading: "The Black Book of Bitcoin", A Step-by-Step Bitcoin Guide on Everything You Need to Know About this New Currency.Buy it now and change your financial literacy forever.
Book Synopsis Bitcoin From Beginner To Expert by : Christian Newman
Download or read book Bitcoin From Beginner To Expert written by Christian Newman and published by Lizard Publishing. This book was released on 2018-03-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reading through this book will provide you with a basic knowledge of Bitcoin, how it works and how to use it safely. This will allow you to have a base to learn further from and explore areas that may be of greater interest to you whether that may be creating new Bitcoin through mining or perhaps you prefer to invest in the crypto exchanges and make a fortune making informed decisions. Whichever you may decide, Bitcoin opens up a whole new world and one that we are destined to learn a lot about over the coming years.
Book Synopsis The Ultimate Guide to Bitcoin by : Michael Miller
Download or read book The Ultimate Guide to Bitcoin written by Michael Miller and published by Pearson Education. This book was released on 2014-01-20 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first user guide - written in layman's terms - to the global, anonymous electronic currency rapidly gaining widespread credibility. This cryptocurrency combats many problems with cash and credit transactions today. Bitcoins are resistant to inflation, they allow you to make purchases during travel if your credit account has been frozen by your bank due to suspicious activity, and protects from identity theft. Bitcoin is a peer-to-peer network of anonymous people, network protocols, and computer systems that has no authority over anybody's money. With the help of the Bitcoin User Guide, you will learn how to buy and sell a Bitcoin as well as how to make a purchase with Bitcoins. This book walks you through protecting your Bitcoins and mining Bitcoins. While most online tutorials are imcomplete or too technical, this book gives you the basic information you need and can understand to this new electronic currency. This book gives you pros and cons to using Bitcoins. As a newcomer to the technology, this book will teach you how to know which mobile wallet is best for you. Whether you're using a desktop, laptop, or mobile device, you'll learn the technology, no prior knowledge assumed.
Book Synopsis Ledger Nano S: Bitcoin and Ethereum Hardware Wallet Beginner's Guide by : Shokoyo Matsushita
Download or read book Ledger Nano S: Bitcoin and Ethereum Hardware Wallet Beginner's Guide written by Shokoyo Matsushita and published by . This book was released on 2018-02-02 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will guide you through the process of setting up your Ledger Nano S, step-by-step, in a simple and straightforward manner, while explaining some of the jargon you'll encounter along the way. All the relevant websites and apps will be explained, i.e., the Ledger Wallet Bitcoin Chrome app, the Ledger Wallet Ethereum Chrome app, the Ledger Wallet Ripple app, along with complimentary third-party tools, such as MyEtherWallet. In this Ledger Nano S cryptocurrency guide book, you will learn:* How to set up you Ledger Nano S for first usage* All the many features the Ledger Nano S has to offer* How to use your Ledger Nano S (incl. screenshots) for: - Bitcoin - Ethereum- Ethereum ERC20 Tokens- Ripple* How to recover your funds if your device is lost, stolen, or broken* Explanations of how cryptocurrencies work, what blockchain technology is, and why it's important to protect your funds using a cryptocurrency walletThere's a reason the Ledger Nano S is the most popular hardware cryptocurrency on the market and this guide will help you understand why so many people trust Ledger's device to safeguard their precious private keys.Get this book today and start exploring your Ledger Nano S and using it safely!
Book Synopsis The Bitcoin Book by : Matthew Underhill
Download or read book The Bitcoin Book written by Matthew Underhill and published by . This book was released on 2020-09-21 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dive into the world of Bitcoin with this comprehensive beginner's guide! Are you interested in discovering how Bitcoin and other cryptocurrencies could revolutionise global finance - and what this means for you? Do you want to learn how this amazing technology works? Do you want to uncover how to safely buy, and store these new digital coins? Are you looking for a detailed (yet friendly) beginner's guide to the world of cryptocurrency? Or are you just looking for the perfect gift for a Bitcoin curious person you know? If you answered yes to any of these questions, then this is the book for you. Bitcoin is an incredible technology which has the potential to drastically reshape the concept of money as we know it. But far from being daunting and complex, the truth is that anyone can come to grips with this technology. Join author and early adopter Matthew Underhill, as he reveals the foundations and benefits of Bitcoin. Using simple explanations that even a complete novice can understand, along with a light-hearted and down-to-earth tone that will resonate with readers of all backgrounds, this insightful book guides you through the world of Bitcoin - along with why you should be paying attention to it. Covering the history of Bitcoin, an easily digestible look at to how it works, what makes crypto so different to other currencies, this beginner's guide is your ticket to understanding crypto. Here's just a little of what you'll discover inside: Bitcoin 101 - a Detailed History of Cryptocurrency Common Bitcoin Myths and Misconceptions addressed Why Was Crypto Made? The Secret to Why Bitcoin Will Revolutionise Finance The Simple and Surprising Reasons Why Bitcoin is Similar to Gold Learn Why the Price of Bitcoin is Expected to Rise A Step-by-Step Guide to Buying Bitcoins Learn How to Store These Digital Coins Safely Learn About Other Leading Cryptocurrencies An Introduction to Bitcoin Mining, Investing and Trading And Much More... So, drop the complex finance books and say goodbye to jargon - this beginner's guide offers you a down-to-earth introduction to the world of Bitcoin. Oh, and did we say, it also makes the perfect gift for any Bitcoin curious people you may know. Scroll up to get your copy and begin exploring Bitcoin today!
Book Synopsis The Bitcoin Standard by : Saifedean Ammous
Download or read book The Bitcoin Standard written by Saifedean Ammous and published by John Wiley & Sons. This book was released on 2018-03-23 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive and authoritative exploration of Bitcoin and its place in monetary history When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few people paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. While Bitcoin is an invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Author Saifedean Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse. With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin’s real competitive edge might just be as a store of value and network for the final settlement of large payments―a digital form of gold with a built-in settlement infrastructure. Ammous’ firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders. The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knockoffs, and the many supposed applications of Bitcoin’s ‘block chain technology’? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet’s decentralized, apolitical, free-market alternative to national central banks.
