The ABCs of bitcoin


Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock and buy Xbox games. But much of the hype is about getting rich by trading it. The price of bitcoin skyrocketed into the thousands in 2017 and reportedly mate huge fortunes for those who seem to have spotted potential earlier. Still, many, even those who have capitalized on Bitcoin’s extraordinary performance are barely aware of what is bitcoin and what technology lies behind.

This eBook strives to provide comprehensive answer to any question you may have about Bitcoin and help you understand why this unique invention is likely to change the world as we used to know it.