Bitcoin is a revolutionary new form of digital currency that operates on a peer-to-peer model rather than a centralized government model. There is no form of physical Bitcoin; rather, all transactions are made online.
It was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.
Bitcoins can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
This book covers everything you need to know in order to get started with Bitcoin such as...
Understanding Bitcoin Use Cases of Bitcoin and the Blockchain How To Buy Bitcoin How To Secure Your Bitcoin The Best Bitcoin Wallet Benefits of Bitcoin How To Use Bitcoin as Inflationary Hedge A Future with Bitcoin How To Invest in Bitcoin How To Accept Bitcoin for Your Business How To Use Bitcoin as Part of Your Business and much more! What Billionaires Are Saying About Bitcoin
