Review of Bitcoin Answered

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Nandini Mukherjee
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Review of Bitcoin Answered

Post by Nandini Mukherjee »

[Following is a volunteer review of "Bitcoin Answered" by Jon Law.]
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4 out of 4 stars
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Generations of the 21st century have been experiencing the advent of a new era with the invention of the internet. At present, it is beyond one to name any sector of the economy or any part of our lives that is not somehow or the other related to technological advancement. So, it is not surprising to find digitization of even our money used as a medium of exchange or as digital assets in modern times. Digital assets like Cryptocurrency and NFTs are gradually getting known to modern populations. Lack of knowledge is a dominant cause that stops millions from investing their money into it.

This book, Bitcoin Answered by John Law, is indeed a perfect start to anyone’s hunger for knowledge about Bitcoin and cryptocurrencies overall. It is presented in a question-answer format and starts with answers to basic questions like - What is Bitcoin, who launched it, and how does it work. It practically answers almost every question a person interested in Bitcoin can ask. The author even provides examples and diagrams wherever possible to aid the readers in their understanding. Some instructions teach one to read and analyze charts. He even provides resources from various platforms on Youtube and other websites that one can look up to for further knowledge.

The book introduces readers to the history of Bitcoin, explains its technical relations, and covers the concepts of everything related to Bitcoin. The book also provides readers with real examples at many points, like a view of the Bitcoin public ledger from blockchain.com. It gives a reader at least some information about every topic they want to know. You will find answers to varied questions like if Bitcoin is a scam or if it is sensible to invest in Bitcoin, whether it will be profitable or if it can be the future of money.

Another thing that I liked about this book is that it does not sugarcoat anything. It gives you facts and unbiased opinions and even talks about the downfalls of Bitcoin. All in all, it is a book of approximately 200 pages with answers to more than 100 questions. I would recommend it to anyone and everyone interested in cryptocurrencies, mainly Bitcoin or planning to invest in digital assets. It is a handy book that makes readers well informed about all aspects one should keep in mind before investing.

I could not spot any grammatical mistakes in the book. It is exceptionally well-edited. I rate this book 4 out of 4 stars. The writing style of the author has been simple yet informative. It has made me feel confident about my take on cryptocurrencies. It gradually moves from primary to advanced understanding and so can be read by ones new to the world of cryptocurrencies.

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Bitcoin Answered
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