Review of Bitcoin Answered
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OTrain D
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Review of Bitcoin Answered
[Following is a volunteer review of "Bitcoin Answered" by Jon Law.]
What do you know about cryptocurrency? Have you heard of Bitcoin before? If you are active on social media and you are no stranger to the internet, there is a high chance that you have heard of these. And like me, there is a high chance that you still don’t know anything about them, except the opinions that they are the future, and they will replace the money that we use right now. Jon Law wrote this nonfiction book that is called Bitcoin Answered, where he answers all the questions you may have about cryptocurrency and Bitcoin, specifically.
The author opens the book by saying, “Bitcoin Answered is an attempt at disentangling the fragmented web of information around Bitcoin being received by the general public.” He then proceeds to say, “regardless of personal attitudes toward cryptocurrencies and Bitcoin (most of which, for those not studied, are either overly optimistic or overly cynical), the reach of cryptocurrency is growing at such a rate and being installed in the financial ecosystem at such a rate, that not understanding the baseline history, concepts, and feasibility of Bitcoin is much more damaging than not.”
Then in the first chapter, titled “What Is Bitcoin,” he answered this by saying it “is many things: an open-source, peer-to-peer computer network, a collection of protocols, a digital gold, and a cryptocurrency. In the physical, Bitcoin is 13,000 computers running various protocols and algorithms. In concept, Bitcoin is a global means of easy and secure transaction, a democratizing force, and a means of both transparent and anonymous finance.” In the second chapter, titled “Who Started Bitcoin,” he says it is an anonymous person or organisation by the name of Satoshi Nakamoto. Then he explains the brief history of Bitcoin in the next chapter.
If you want to find more answers, you will have to grab this book and read it yourself, because trust me, it is so informative.
I enjoyed reading this book. It delivered on its promise. It taught me everything I needed to know about cryptocurrency, Bitcoin, to be specific, and I am very impressed with how the author was so concise in his explanations. He made sure to include diagrams to make it easier for people to understand how it all worked. These graphs and diagrams were so colourful, making them fun and interactive.
The author employed a very simple English language in this book. People who speak English as their second language would appreciate this because it won’t be a challenge for them to grasp the information. I love how transparent the author was in his writing. He wrote the good things about Bitcoin, also including its bad and shortcomings so you know everything about it. It didn’t come out like he was putting Bitcoin on the pedestal. He was honest. He even provided links for further reading for those who might be interested in some aspects of Bitcoin.
After reading it, I now understand quite a lot about Bitcoin. I would still have to go back and reread some chapters I have highlighted just to make sure I have everything correctly, but all in all, this was educative. I didn’t know that even big companies like BMW and Microsoft, just to name a few on top of my head, already accept Bitcoin payment. This proves that cryptocurrency is not going anywhere, and big companies understand this. That’s why they are tapping on them.
I can’t say I have something to dislike about this book because everything was just perfect for me and spot on. Like, I understand why the chapters were so short. The author didn’t want to turn this book into a long, monotonous read that would have easily ended up sounding preachy about Bitcoin. The way it is, it is engaging and straight to the point. Readers will appreciate that. I know it.
Taking everything into account, I see no reason why I should rate this book any lower than four out of four stars. I didn’t come across any grammatical and typographical errors, proving that it was professionally edited. People who love self-help books and nonfiction books will definitely be happy to add this to their shelves. It is a must-have because what it is talking about it is important, and we can’t ignore it.
******
Bitcoin Answered
View: on Bookshelves | on Amazon
What do you know about cryptocurrency? Have you heard of Bitcoin before? If you are active on social media and you are no stranger to the internet, there is a high chance that you have heard of these. And like me, there is a high chance that you still don’t know anything about them, except the opinions that they are the future, and they will replace the money that we use right now. Jon Law wrote this nonfiction book that is called Bitcoin Answered, where he answers all the questions you may have about cryptocurrency and Bitcoin, specifically.
The author opens the book by saying, “Bitcoin Answered is an attempt at disentangling the fragmented web of information around Bitcoin being received by the general public.” He then proceeds to say, “regardless of personal attitudes toward cryptocurrencies and Bitcoin (most of which, for those not studied, are either overly optimistic or overly cynical), the reach of cryptocurrency is growing at such a rate and being installed in the financial ecosystem at such a rate, that not understanding the baseline history, concepts, and feasibility of Bitcoin is much more damaging than not.”
Then in the first chapter, titled “What Is Bitcoin,” he answered this by saying it “is many things: an open-source, peer-to-peer computer network, a collection of protocols, a digital gold, and a cryptocurrency. In the physical, Bitcoin is 13,000 computers running various protocols and algorithms. In concept, Bitcoin is a global means of easy and secure transaction, a democratizing force, and a means of both transparent and anonymous finance.” In the second chapter, titled “Who Started Bitcoin,” he says it is an anonymous person or organisation by the name of Satoshi Nakamoto. Then he explains the brief history of Bitcoin in the next chapter.
If you want to find more answers, you will have to grab this book and read it yourself, because trust me, it is so informative.
I enjoyed reading this book. It delivered on its promise. It taught me everything I needed to know about cryptocurrency, Bitcoin, to be specific, and I am very impressed with how the author was so concise in his explanations. He made sure to include diagrams to make it easier for people to understand how it all worked. These graphs and diagrams were so colourful, making them fun and interactive.
The author employed a very simple English language in this book. People who speak English as their second language would appreciate this because it won’t be a challenge for them to grasp the information. I love how transparent the author was in his writing. He wrote the good things about Bitcoin, also including its bad and shortcomings so you know everything about it. It didn’t come out like he was putting Bitcoin on the pedestal. He was honest. He even provided links for further reading for those who might be interested in some aspects of Bitcoin.
After reading it, I now understand quite a lot about Bitcoin. I would still have to go back and reread some chapters I have highlighted just to make sure I have everything correctly, but all in all, this was educative. I didn’t know that even big companies like BMW and Microsoft, just to name a few on top of my head, already accept Bitcoin payment. This proves that cryptocurrency is not going anywhere, and big companies understand this. That’s why they are tapping on them.
I can’t say I have something to dislike about this book because everything was just perfect for me and spot on. Like, I understand why the chapters were so short. The author didn’t want to turn this book into a long, monotonous read that would have easily ended up sounding preachy about Bitcoin. The way it is, it is engaging and straight to the point. Readers will appreciate that. I know it.
Taking everything into account, I see no reason why I should rate this book any lower than four out of four stars. I didn’t come across any grammatical and typographical errors, proving that it was professionally edited. People who love self-help books and nonfiction books will definitely be happy to add this to their shelves. It is a must-have because what it is talking about it is important, and we can’t ignore it.
******
Bitcoin Answered
View: on Bookshelves | on Amazon
Latest Review: Rescuing General Patton by Curtis Stephen Burdick
