Bitcoin for Dummies – Expand your Understanding of the Bitcoin world

Bitcoin for Dummies, what a nice book!

Bitcoin for Dummies is a good introduction to the bitcoin world. Do you want to know what is this technology that you heard about on the news lately? Are you interested to know more about the subject and what it is all about?

I finished reading this book and I learn some few things I wasn’t aware of. What I found interesting in this book is that its easy to understand what the author is talking about. The information is presented from a perspective of someone with no prior knowledge of bitcoin.

The book has only 177 pages and the format is pretty easy to carry. For example, you can easily put it in your lunch bag or your backpack without any effort.

Description of the book

The book has four major part which describes the different area of the bitcoin technology. You can read it from the start to finish, that's what I did. You can also check only the chapters that you are interested in, and skip what you already know. The localization of the content can be easily found at the beginning of the book.

Part 1 – Bitcoin Basics

This part of the book introduce you to the technology, and what you have to expect from it. Also, explain how to buy and store your precious bitcoin. The author explains the pros and cons, every technology has advantages and disadvantages so it is good to know what to expect in the beginning. When you start your day, it's good to know how to get your first bitcoin.

Part 2 – Banking with Bitcoin

This chapter explains in details how to get your wallet set up. Also, how the transactions travel through the bitcoin network. One of the cool features about the world of bitcoin is the blockchain, the book introduces you to that concept.

Part 3 – Using Bitcoin in Business

This chapter introduces you how a business can accept bitcoin payment to sell his goods, and expand the bitcoin ecosystem. Regulation is important, and the books talk about what is legal and not legal since new technologies bring new rules on the market, you need to be aware of them. When you store money, you need to be know how to secure your bitcoin and pay attention to the security. You also get introduced to the concept of mining, I'll let you discover it by reading the book.

Part 4 – The Parts of Ten

This is a cool chapter, the author presents you with 10 ways you can use bitcoin, you should read that section to discover them. In the rest of the book, you'll get in touch with other cryptocurrencies available on the market. This ecosystem involves so rapidly, that you get more place to get the current information and stay up to date with what happens in real time. In the rest of the book, you'll get in touch with other cryptocurrencies available on the market. This ecosystem involves so rapidly, that you get more place to get the current information and stay up to date with what happens in real time.

Conclusion

This book is a good introduction to the concept of what you can expect with bitcoin. The dummies series has proved over the years to be the leader in the introduction of a variety of news topics. I recommend this book for a starting point to bitcoin. You will need to read further material if you want to know more about a specific topic. I really enjoyed the writing style of the author, it is easy to digest.

You need to take action and purchase it on Amazon, the book is available in Kindle and hard copy version. Buy it now, my dear followers!

Enjoy reading.

 

 

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