Review of Bitcoin Answered
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Review of Bitcoin Answered
[Following is a volunteer review of "Bitcoin Answered" by Jon Law.]
Bitcoin Answered by Jon Law is a book that answers every possible question pertaining to the world of Bitcoin. The author starts things off by explaining what Bitcoin is, along with how it is obtained. Next, he explains the history and potential future for cryptocurrency use.
The foundations of Bitcoin began in 2009 when Satoshi Nakamoto brought his blockchain model idea to life. From there it inspired a series of different crypto currencies over the years. Despite the variety of cryptocurrencies in circulation, Bitcoin continues to be the most talked about.
The purpose of Bitcoin Answered is to answer commonly asked questions revolving around the world of Bitcoin. Law answers questions ranging from how this digital currency got its start to what factors are used to determine its value. There were also some brief discussions on what resources are needed for mining, how the blockchain process works along with what to expect when a bubble scenario (a time during which value is rising at an unsustainable rate) occurs.
I really liked how the author took the time to explain each question in detail. Moreover, he provided diagrams to demonstrate each talking point so that everyone is on the same page. Another interesting talking point was volatility.
Like every currency in the world, Bitcoin is not immune to shifts in value. It was also noted that despite being innovative, it isn’t widely acknowledged as currency. What’s more, it’s not regulated which has led some to believe its use is for illegal activities.
While there was nothing to dislike, the layout of the information will take some getting used to. All-in-all Bitcoin Answered by Jon Law gets a 4 out of 4 because, like its title implies, it answers questions that are commonly asked about Bitcoin. Essentially, it’s a book filled with questions, answers and document notes for later reference.
If you are someone looking to get your Bitcoin questions answered, then I would recommend this book for obtaining those answers. If you are looking to learn the ins and outs of investing in this currency, then I would not recommend this book. Reason being is that while it does cover the basics of investing, it doesn’t go into extensive detail on how to do so with this cryptocurrency; at least from the standpoint of those who don’t mine crypto.
There were no errors of any kind spotted during reading, and I found this book to be exceptionally edited. This book will make a nice addition to anyone’s library who’s looking to learn more about cryptocurrencies.
******
Bitcoin Answered
View: on Bookshelves | on Amazon
Bitcoin Answered by Jon Law is a book that answers every possible question pertaining to the world of Bitcoin. The author starts things off by explaining what Bitcoin is, along with how it is obtained. Next, he explains the history and potential future for cryptocurrency use.
The foundations of Bitcoin began in 2009 when Satoshi Nakamoto brought his blockchain model idea to life. From there it inspired a series of different crypto currencies over the years. Despite the variety of cryptocurrencies in circulation, Bitcoin continues to be the most talked about.
The purpose of Bitcoin Answered is to answer commonly asked questions revolving around the world of Bitcoin. Law answers questions ranging from how this digital currency got its start to what factors are used to determine its value. There were also some brief discussions on what resources are needed for mining, how the blockchain process works along with what to expect when a bubble scenario (a time during which value is rising at an unsustainable rate) occurs.
I really liked how the author took the time to explain each question in detail. Moreover, he provided diagrams to demonstrate each talking point so that everyone is on the same page. Another interesting talking point was volatility.
Like every currency in the world, Bitcoin is not immune to shifts in value. It was also noted that despite being innovative, it isn’t widely acknowledged as currency. What’s more, it’s not regulated which has led some to believe its use is for illegal activities.
While there was nothing to dislike, the layout of the information will take some getting used to. All-in-all Bitcoin Answered by Jon Law gets a 4 out of 4 because, like its title implies, it answers questions that are commonly asked about Bitcoin. Essentially, it’s a book filled with questions, answers and document notes for later reference.
If you are someone looking to get your Bitcoin questions answered, then I would recommend this book for obtaining those answers. If you are looking to learn the ins and outs of investing in this currency, then I would not recommend this book. Reason being is that while it does cover the basics of investing, it doesn’t go into extensive detail on how to do so with this cryptocurrency; at least from the standpoint of those who don’t mine crypto.
There were no errors of any kind spotted during reading, and I found this book to be exceptionally edited. This book will make a nice addition to anyone’s library who’s looking to learn more about cryptocurrencies.
******
Bitcoin Answered
View: on Bookshelves | on Amazon
