A BEGINNERS GUIDE TO BITCOIN, AND EVERYTHING YOU NEED TO KNOW TO START INVESTING
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WHAT YOU WILL FIND IN THIS BOOK
Chapter 1
The chapter introduces the readers to the basic concept of Bitcoin and gives them a glimpse of the great aspects of Bitcoin investment.
Chapter 2
This chapter enlightens the readers about the evolution of money throughout the ages to give a proper idea of how Bitcoin came to be.
Chapter 3
In this chapter, we explore the reason behind the uprise and huge popularity that Bitcoin has garnered.
Chapter 4
Here the readers learn about the basic principles of the design of Bitcoin and blockchain technology.
Chapter 5
The readers are introduced to the Bitcoin wallets and the tricks that they should know to get started with Bitcoin. They learn how about different types of Bitcoin wallets in detail apart from understanding how to buy Bitcoins.
Chapter 6
The merits and demerits of Bitcoin investments are discussed here. The chapter provides a chance to the readers to understand for themselves the aspects of Bitcoin investment.
Chapter 7
The chapter reviews the hardships that current banking and payment system offers to people. It also helps people to understand the importance of Bitcoin in this scenario.
Chapter 8
This chapter answers the long going debate on whether Bitcoin is a threat or a gift. The allegations and rumors regarding Bitcoin that has been surfaced over the years have been given a reasonable answer here.
Chapter 9
The readers are introduced to Altcoins in this chapter. The debate on whether the Altcoins are worth investing on is dealt with in this chapter.
Chapter 10
Extraordinary Altcoins: Taking Ahead the Legacy of Bitcoins
ABOUT THIS BOOK
- The world changed greatly with the invention of Bitcoin. The failing payment systems and authoritarian structure of the banks had put the modern day monetary system in the shackles.
- Thus, Bitcoin brought with it incredible decentralised blockchain technology, great infrastructure and a hope for a better future where no one will have to be troubled by the totalitarian behaviour of the centralised banks. Plus, Bitcoin made one thing very easy for common people.
- It provided every individual with an easy opportunity to make investments and earn great returns on it. Previously, making investments was not very easy for the people due to the complications of the market apart from high volatility.
- But Bitcoin found a way to solve this problem with its robust infrastructure and technology. Above all, Bitcoin marked the start of a new era of human history; it marked the dawn of cryptocurrencies.
- Bitcoinpreneur is written as an accessible guide that introduces the reader to this incredible invention called Bitcoin. It helps you to understand all the details that make Bitcoin so special and significant at this age.
WHO AM I?
Abdul vasi
I wrote Bitcoinpreneur as an accessible guide for anyone who is interested in Bitcoin and other cryptocurrencies.Bitcoin is definitely one of the greatest feats that computer science has achieved.
It has enabled people to transact money internationally without the hassles of bank transfer and it also has provided people with a new form of tangible currency. But most importantly, Bitcoin has created ways for everyone to become an entrepreneur and earn easily by making investments.
WHAT PEOPLE ARE SAYING
My friend told me about Bitcoin back in 2017 but I never showed interest as I was sure that it was one of many scam schemes. Then I came across Bitcoinpreneur and my world changed completely. I understood the misconceptions I had and learnt the tricks to make great investments. Hence, here I am enjoying good returns on the investments I made. Thanks, Bitcoinpreneur!
Ankit Mishra
The book introduced me to the world of Bitcoin and the cryptocurrencies properly. I had heard about Bitcoin earlier but I had my own scepticisms about it. But after reading Bitcoinpreneur, I invested in Bitcoin by following the strategies I learnt and my investment has witnessed huge return since then. I am happy to have come across the book
Rahul Nanda
Bitcoinpreneur is truly a great help for anyone looking forward to getting benefitted by making wise investments and I can say that from my personal experience. The beautiful narration and detailed concepts of this book really motivated me to invest in Bitcoin and it immediately witnessed a large increase. The book is a must read in my opinion
Sulekha Krishnamurthy
Bitcoinpreneur gave me a new direction in life. After graduating from college, I was dying to do something. One day my father gifted me the book and asked me to have a look at what it says. The brilliant writing and easy methodology really mesmerised me. I finished the book and decided to walk on the path that it has shown. I feel so lucky that I was gifted this book as it truly changed my life and showed me that I can become an entrepreneur too with Bitcoin
Rakesh N. Iyer
FAQ'S
Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.
Bitcoin is the first implementation of a concept called "cryptocurrency", which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakamoto. Satoshi left the project in late 2010 without revealing much about himself. The community has since grown exponentially with many developers working on Bitcoin.
Satoshi's anonymity often raised unjustified concerns, many of which are linked to misunderstanding of the open-source nature of Bitcoin. The Bitcoin protocol and software are published openly and any developer around the world can review the code or make their own modified version of the Bitcoin software. Just like current developers, Satoshi's influence was limited to the changes he made being adopted by others and therefore he did not control Bitcoin. As such, the identity of Bitcoin's inventor is probably as relevant today as the identity of the person who invented paper.
Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use.
In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.