The Ultimate Guide to Bitcoin

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Author :
Publisher : Pearson Education
ISBN 13 : 0789753243
Total Pages : 241 pages
Book Rating : 4.7/5 (897 download)

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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 2015 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.

Cryptomania

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Author :
Publisher : Notion Press
ISBN 13 : 1638325987
Total Pages : 56 pages
Book Rating : 4.6/5 (383 download)

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Book Synopsis Cryptomania by : Adhiraj Pal

Download or read book Cryptomania written by Adhiraj Pal and published by Notion Press. This book was released on 2021-03-17 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a One-Stop-Shop for Crypto Enthusiasts and even for the people who are curiously seeking knowledge about the Crypto world. This book is purely based on the Author’s research and experience in the Crypto market, the agenda of this book is to promote knowledge in the field of Crypto technology and what it is actually based on. Rather than approaching it as a gambling market, this book will help you to invest your thoughts in the Technology and the Revolution which the crypto world is setting for our future. The author has explained, “Who was the mystery man, SATOSHI NAKAMOTO?”, “Why was BITCOIN Created?”, “What is DOGECOIN?”, “How can one start their own Cryptocurrency?”, “Opinion of the Global Personalities on Cryptocurrency”, Is it a SCAM?”. To make the understanding of the purpose of Cryptocurrency better, the author has explained the concept of money and how it became so valuable. This book talks about the Blockchain technology, which the author thinks will revolutionize the Digital transactions of the world, as it has untapped potential and a lot to experiment with.

The Essential Guide to Bitcoin Mining

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Author :
Publisher :
ISBN 13 : 9781980619123
Total Pages : 140 pages
Book Rating : 4.6/5 (191 download)

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Book Synopsis The Essential Guide to Bitcoin Mining by : Brian Holmes

Download or read book The Essential Guide to Bitcoin Mining written by Brian Holmes and published by . This book was released on 2018-03-26 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Essential Guide to Bitcoin Mining: A Cryptocurrency Tutorial is more than just Bitcoin mining. The book introduces people to mining Bitcoin and Altcoins. It discusses what Bitcoin and cryptocurrency is and the history and use cases for it. The book also touches on investing, security, and the retail adoption of crypto. Mining is the focus of this very approachable and useful book. If you don't know anything about Bitcoin or cryptocurrency you will learn much here. If you want to enhance your knowledge of crypto mining and the crypto space this book is for you.

Bitcoin, Blockchain, and Cryptoassets

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Author :
Publisher : MIT Press
ISBN 13 : 0262362902
Total Pages : 289 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Bitcoin, Blockchain, and Cryptoassets by : Fabian Schar

Download or read book Bitcoin, Blockchain, and Cryptoassets written by Fabian Schar and published by MIT Press. This book was released on 2020-09-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to cryptocurrencies and blockchain technology; a guide for practitioners and students. Bitcoin and blockchain enable the ownership of virtual property without the need for a central authority. Additionally, Bitcoin and other cryptocurrencies make up an entirely new class of assets that have the potential for fundamental change in the current financial system. This book offers an introduction to cryptocurrencies and blockchain technology from the perspective of monetary economics.

The Truth About Crypto

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Author :
Publisher : Simon and Schuster
ISBN 13 : 1668002345
Total Pages : 311 pages
Book Rating : 4.6/5 (68 download)

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Book Synopsis The Truth About Crypto by : Ric Edelman

Download or read book The Truth About Crypto written by Ric Edelman and published by Simon and Schuster. This book was released on 2022-05-10 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: A straightforward, practical guide to the newest frontier in investment strategy—crypto—from #1 New York Times bestselling author and personal finance expert Ric Edelman. Blockchain and bitcoin are here to stay—and as the Bank of England stated, this new technology could “transform the global financial system.” No wonder PWC says blockchain technology will add $2 trillion to the world’s $80 trillion economy by 2030. Indeed, blockchain technology and the digital assets it makes possible are revolutionary, the most profound innovation for commerce since the invention of the internet. And yet, the average investor—and the investment advisors who manage two-thirds of all their money—aren’t aware of all this, or of the incredible investment opportunities now available. Fortunately, Ric Edelman, one of the most influential experts in the financial field, shows investors how they can engage and thrive in today’s new investment marketplace. Featuring the prophetic insights you’d expect from one of most acclaimed financial advisors, The Truth About Crypto is fun to read and easy to understand—and most importantly gives readers the sound, practical advice we all need to succeed with this new asset class. Best of all, Edelman shows how blockchain works, the difference between digital currency and digital assets, and a comprehensive look at every aspect of the field. This book is a must-read guide if you want to achieve investment success today.

The Essential Guide to Bitcoin

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Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (69 download)

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Book Synopsis The Essential Guide to Bitcoin by : Alex Parker

Download or read book The Essential Guide to Bitcoin written by Alex Parker and published by . This book was released on 2023-12-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Welcome to "The Essential Guide to Bitcoin: The Ultimate Guide to Understanding and Investing in Bitcoin." We shall set out on a quest to demystify the Bitcoin world in this extensive e-book, equipping you with the information and self-assurance you need to successfully traverse this intriguing field. Bitcoin has grabbed the attention of millions of people worldwide in recent years. Bitcoin, which was developed in 2009 by the mysterious person known only as Satoshi Nakamoto, introduced a revolutionary technology called blockchain, which completely changed how we understand and exchange money. Beyond its practical applications, Bitcoin challenges established financial systems by embodying a potent concept of decentralization, privacy, and financial sovereignty. This e-book aims to give you a firm grasp of Bitcoin, covering everything from its origins to its current relevance in the world of international finance. This e-book will meet your needs whether you're a beginner trying to understand the fundamentals or an investor curious to learn more about Bitcoin's potential as an asset. We'll look into the past of Bitcoin in the first few chapters, discovering how this revolutionary digital currency came to be and examining its early setbacks and achievements. Understanding the fundamental ideas that drive Bitcoin's operations, such as the innovative blockchain technology and mining processes, will help you fully realize how this peer-to-peer electronic cash system functions.

A Beginner's Guide To Bitcoin

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Author :
Publisher : Criptobublisher Edicions
ISBN 13 : 9781802223620
Total Pages : 30 pages
Book Rating : 4.2/5 (236 download)

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Book Synopsis A Beginner's Guide To Bitcoin by : Neel Kratter

Download or read book A Beginner's Guide To Bitcoin written by Neel Kratter and published by Criptobublisher Edicions. This book was released on 2021-03-02 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives you everything that you will need. It's a simple Bitcoin road map that anyone can follow. In this book, you will learn: - How the Bitcoin Technology works - The difference between Bitcoin and Blockchain - How mining works - How to make money with Bitcoin - The top myths about Bitcoin - How Bitcoin will take over the world - How to buy and sell Bitcoin - What forks are - And much more! Even if you know nothing at all about cryptocurrencies, this book will get you started investing the right way. Are you ready to get started creating real wealth using Bitcoin? Then scroll up and click BUY NOW to get started today.

The Essential Guide to Bitcoin Mining

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Author :
Publisher : Holmes House Press
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Essential Guide to Bitcoin Mining by : Brian M. Holmes

Download or read book The Essential Guide to Bitcoin Mining written by Brian M. Holmes and published by Holmes House Press. This book was released on 2018-12-17 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: New and updated 2nd edition. More miners, more coins, more info. The Essential Guide to Bitcoin Mining: A Cryptocurrency Tutorial is more than just Bitcoin mining. The book introduces people to mining Bitcoin and Altcoins. It discusses what Bitcoin and cryptocurrency is and the history and use cases for it. The book also touches on investing, security, and the retail adoption of crypto. Mining is the focus of this very approachable and useful book. If you don't know anything about Bitcoin or cryptocurrency you will learn much here. If you want to enhance your knowledge of crypto mining and the crypto space this book is for you.

Early Bird Gets the Bitcoin

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Author :
Publisher :
ISBN 13 : 9781977037855
Total Pages : 79 pages
Book Rating : 4.0/5 (378 download)

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Book Synopsis Early Bird Gets the Bitcoin by : Andrew Courey

Download or read book Early Bird Gets the Bitcoin written by Andrew Courey and published by . This book was released on 2018-02-20 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you are looking for an easy to understand introduction to Bitcoin in plain language, this is the book for you!Bitcoin, blockchain, Ethereum, ICOs, cryptocurrencies - these are some of the important terms that you will learn about in this book. We will start with an introduction to Bitcoin, and then review the history of Bitcoin. We will then explain how blockchain works, because it is essential to all cryptocurrencies. Next, we will walk through Bitcoin wallets, Bitcoin mining, and of course Bitcoin hacks. Afterwards, we will have a discussion about investing in Bitcoin, and the risks of Bitcoin crashing. Lastly, we will review another cryptocurrency called Ethereum, and discuss ICOs, which stands for initial coin offerings. The appendix provides some supplemental information on resources for further reading about Bitcoin, as well as a dictionary of key terms and 12 interesting Bitcoin products/services.I am very passionate about Bitcoin, and I hope that after reading this book you are too!

Bitcoin

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Author :
Publisher : Level Up Lifestyle Limited
ISBN 13 : 1979808341
Total Pages : 86 pages
Book Rating : 4.9/5 (798 download)

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Book Synopsis Bitcoin by : Tim Mathis

Download or read book Bitcoin written by Tim Mathis and published by Level Up Lifestyle Limited. This book was released on 2017-11-17 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bitcoin is a digital currency created in 2009 that uses decentralised technology for secure payments and storing money that doesn't require banks or people's names. It was announced on an email circular as a way to liberate money in a similar way to how the internet made information free. Bitcoin works on a public ledger called blockchain, which holds a decentralised record of all transactions that is updated and held by all users of the network. To create bitcoins, users must generate blocks on the network. Each block is created cryptographically by harnessing users' computer power and is then added to the blockchain, letting users earn by keeping the network running. A limit for how many bitcoins can be created is built into the system so the value can't be diluted. The maximum amount is just under 21 million bitcoin. Scroll to the top of the page and click Add To Cart to learn more about this technology

Bitcoin From Beginner To Expert

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Author :
Publisher : Lizard Publishing
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.:/5 (661 download)

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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.

Bitcoin For Dummies

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119076137
Total Pages : 208 pages
Book Rating : 4.1/5 (19 download)

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Book Synopsis Bitcoin For Dummies by : Prypto

Download or read book Bitcoin For Dummies written by Prypto and published by John Wiley & Sons. This book was released on 2016-04-04 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn the ins and outs of Bitcoin so you can get started today Bitcoin For Dummies is the fast, easy way to start trading crypto currency, with clear explanations and expert advice for breaking into this exciting new market. Understanding the mechanisms and risk behind Bitcoin can be a challenge, but this book breaks it down into easy-to-understand language to give you a solid grasp of just where your money is going. You'll learn the details of Bitcoin trading, how to set up your Bitcoin wallet, and everything you need to get started right away. An in-depth discussion on security shows you how to protect yourself against some of the riskier aspects of this open-source platform, helping you reduce your risks in the market and use Bitcoin safely and effectively. Bitcoin uses peer-to-peer technology to operate with no central authority or banks, with transaction management and issuing of Bitcoins carried out collectively by the network. Bitcoin allows easy mobile payments, fast international payments, low- or no-fee transactions, multi-signature capabilities, and more, but the nuances of the market can be difficult to grasp. This informative guide lays it all out in plain English, so you can strengthen your understanding and get started now. Understand the ins and outs of the Bitcoin market Learn how to set up your Bitcoin wallet Protect yourself against fraud and theft Get started trading this exciting new currency The Bitcoin market is huge, growing quickly, and packed with potential. There's also some risk, so you need to go in fully informed and take steps to manage your risk wisely. Bitcoin For Dummies is the clear, quick, easy-to-follow guide to getting started with Bitcoin.

The Basics of Bitcoins and Blockchains

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Author :
Publisher : Mango Media Inc.
ISBN 13 : 163353801X
Total Pages : 271 pages
Book Rating : 4.6/5 (335 download)

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Book Synopsis The Basics of Bitcoins and Blockchains by : Antony Lewis

Download or read book The Basics of Bitcoins and Blockchains written by Antony Lewis and published by Mango Media Inc.. This book was released on 2018-08-15 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand Bitcoin, blockchains, and cryptocurrency with this clear and comprehensible guide Learn the history and basics of cryptocurrency and blockchains: There’s a lot of information on cryptocurrency and blockchains out there. But, for the uninitiated, most of this information can be indecipherable. The Basics of Bitcoins and Blockchains aims to provide an accessible guide to this new currency and the revolutionary technology that powers it. Bitcoin, Ethereum, and other cryptocurrencies: Gain an understanding of a broad spectrum of Bitcoin topics. The Basics of Bitcoins and Blockchains covers topics such as the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining. It also answers how payments are made and how transactions are kept secure. Other cryptocurrencies and cryptocurrency pricing are examined, answering how one puts a value on cryptocurrencies and digital tokens. Blockchain technology: Blockchain technology underlies all cryptocurrencies and cryptocurrency transactions. But what exactly is a blockchain, how does it work, and why is it important? The Basics of Bitcoins and Blockchains will answer these questions and more. Learn about notable blockchain platforms, smart contracts, and other important facets of blockchains and their function in the changing cyber-economy. Things to know before buying cryptocurrencies: The Basics of Bitcoins and Blockchains offers trustworthy and balanced insights to those interested in Bitcoin investing or investing in other cryptocurrency. Discover the risks and mitigations, learn how to identify scams, and understand cryptocurrency exchanges, digital wallets, and regulations with this book. Readers will learn about: • Bitcoin and other cryptocurrencies • Blockchain technology and how it works • The workings of the cryptocurrency market • The evolution and potential impacts of Bitcoin and blockchains on global businesses Dive into the world of cryptocurrency with confidence with this comprehensive introduction.

The Everything Guide to Investing in Cryptocurrency

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Author :
Publisher : Simon and Schuster
ISBN 13 : 1507209339
Total Pages : 288 pages
Book Rating : 4.5/5 (72 download)

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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.

Bitcoin and Cryptocurrency Technologies

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Author :
Publisher : Princeton University Press
ISBN 13 : 1400884152
Total Pages : 335 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Bitcoin and Cryptocurrency Technologies by : Arvind Narayanan

Download or read book Bitcoin and Cryptocurrency Technologies written by Arvind Narayanan and published by Princeton University Press. This book was released on 2016-07-19 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative introduction to the exciting new technologies of digital money Bitcoin and Cryptocurrency Technologies provides a comprehensive introduction to the revolutionary yet often misunderstood new technologies of digital currency. Whether you are a student, software developer, tech entrepreneur, or researcher in computer science, this authoritative and self-contained book tells you everything you need to know about the new global money for the Internet age. How do Bitcoin and its block chain actually work? How secure are your bitcoins? How anonymous are their users? Can cryptocurrencies be regulated? These are some of the many questions this book answers. It begins by tracing the history and development of Bitcoin and cryptocurrencies, and then gives the conceptual and practical foundations you need to engineer secure software that interacts with the Bitcoin network as well as to integrate ideas from Bitcoin into your own projects. Topics include decentralization, mining, the politics of Bitcoin, altcoins and the cryptocurrency ecosystem, the future of Bitcoin, and more. An essential introduction to the new technologies of digital currency Covers the history and mechanics of Bitcoin and the block chain, security, decentralization, anonymity, politics and regulation, altcoins, and much more Features an accompanying website that includes instructional videos for each chapter, homework problems, programming assignments, and lecture slides Also suitable for use with the authors' Coursera online course Electronic solutions manual (available only to professors)

The Only Bitcoin Investing Book You'll Ever Need

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Author :
Publisher :
ISBN 13 :
Total Pages : 114 pages
Book Rating : 4.7/5 (119 download)

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Book Synopsis The Only Bitcoin Investing Book You'll Ever Need by : Freeman Publications

Download or read book The Only Bitcoin Investing Book You'll Ever Need written by Freeman Publications and published by . This book was released on 2021-02-20 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you feel like you've "missed the boat" on Bitcoin. Think again...Because while Bitcoin continues to hit all time highs, this book will show you it's not too late to invest in "Digital Gold" What was once a fringe currency only used by a dark corner of the web... is now the fastest growing financial asset on Earth. And this is just the beginning... You see, we are still in just the 2nd inning of Bitcoin as a financial entity. So while no financial vehicle is making people rich as quickly as Bitcoin... Less than 10% of Americans and 2% of the worldwide population owns it. But now, the major players are taking an interest. Like Billionaire Hedge Fund owner Paul Tudor Jones Internet pioneer Tim Draper, who was an early investor in companies like Hotmail, Tesla and Robinhood. And CEO of Social Capital, Chamath Palihapitiya, who predicts Bitcoin will be worth $1 million within the next 15 years. So even if you've been unconvinced thus far, this book will give you the straight facts on Bitcoin as a financial asset... without any of the hype or noise. Here is just a fraction of what you will discover: The surprisingly small amount of Bitcoin you need to join the top 1% of Bitcoin owners worldwide - Page 15 How a complete technophobe can buy Bitcoin is less than 5 minutes - Page 65 5 Billionaires who believe Bitcoin has a part to play in the world economy - Page 16 Is Bitcoin a legitimate currency? Answered on page 32 A simple way to automate your Bitcoin purchases so you can take advantage of dollar cost averaging - Page 66 The exact percentage of Bitcoin transactions that are used for illegal activities. Anti-Bitcoiners get this wrong all the time - Page 51 Why you should never use Robinhood to buy Bitcoin - Page 70 The downside of purchasing Bitcoin funds like GBTC - Page 71 How much of your portfolio should you dedicate to Bitcoin? Our "one size fits all" solution is on page 102 Plus free video tutorials for safely buying and storing Bitcoin on Page 7 This is not a 600 page theoretical book which you need a math degree to understand. Written in plain English and free from repetitive technical jargon. Every single piece of financial and technical terminology is clearly defined inside. You'll find easy-to-follow advice in how to buy and store Bitcoin yourself... without having to pay expensive fees to middlemen. For everyone who feels frustrated after watching Bitcoin soar in price... this is your chance to get in while the going is good. And not feel like you missed the boat... So even if you're never read a single finance or investing book in your life, you will immediately understand how to become a successful long-term investor. To kickstart your Bitcoin journey today, scroll up and click "add to cart"

The Bitcoin Standard

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119473918
Total Pages : 311 pages
Book Rating : 4.1/5 (194 download)

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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 311 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.