Review of Bitcoin Answered
-
- Book of the Month Participant
- Posts: 163
- Joined: 13 May 2023, 11:28
- Currently Reading:
- Bookshelf Size: 43
- Reviewer Page: onlinebookclub.org/reviews/by-renee-s.html
- Latest Review: Just Die by E Alan Fleischauer
Review of Bitcoin Answered
"Bitcoin Answered" is a book presented in a question-and-answer format centered around Bitcoin. It serves as a valuable resource for beginners seeking clarity on Bitcoin. The book covers a broad range of topics, addressing questions that encompass the scope of Bitcoin, digital currencies, and blockchain technology.
The author breaks down the fundamental aspects of Bitcoin, addressing common queries such as its origins, security concerns, and its potential as an investment. The book's concise answers to questions like "What is Bitcoin?" or "Can Bitcoin be hacked?" provide a quick and easy-to-understand foundation for those new to the cryptocurrency space. Meanwhile, more in-depth questions delve into the historical evolution of Bitcoin and its broader implications for the financial landscape. The book also has visual aids that provide an effective means of conveying concepts.
I like the book’s balanced presentation of information. It neither overly promotes Bitcoin as a flawless revolutionary force nor dismisses it as a mere fad. Instead, it fosters a nuanced understanding, allowing readers to form their own conclusions. The book allows readers to explore Bitcoin from various perspectives, including sentiment, technical intricacies, historical context, and conceptual understanding. As someone whose interest in Bitcoin arose from curiosity rather than investment motives, "Bitcoin Answered" proved to be an enlightening read.
While the book succeeds in delivering an overview of Bitcoin, a few additional insights into emerging trends or potential future developments in the cryptocurrency space could have made it better and more interesting. But this reason is not enough to deduct a star from the rating because the book accomplishes its primary goal of demystifying Bitcoin for curious minds. It is also edited professionally. I am glad I picked it up and am happy to rate it 5 out of 5 stars.
"Bitcoin Answered" is a commendable resource for those seeking an introduction to Bitcoin and related technologies. Its question-based format, coupled with visual aids, makes it an approachable read for individuals ranging from beginners to those with a basic understanding of the topic. Whether you're looking to invest or satisfy your curiosity about Bitcoin, this book serves as a useful guide for gaining foundational knowledge of Bitcoin.
******
Bitcoin Answered
View: on Bookshelves | on Amazon
- Gerry Steen
- Book of the Month Participant
- Posts: 2712
- Joined: 08 May 2023, 20:08
- Favorite Book: Life Shattered
- Currently Reading:
- Bookshelf Size: 465
- Reviewer Page: onlinebookclub.org/reviews/by-gerry-steen.html
- Latest Review: Red Spy in Harbin by Mark Oulton

-
- Book of the Month Participant
- Posts: 163
- Joined: 13 May 2023, 11:28
- Currently Reading:
- Bookshelf Size: 43
- Reviewer Page: onlinebookclub.org/reviews/by-renee-s.html
- Latest Review: Just Die by E Alan Fleischauer

-
- Minimum Wage Millionaire Reader
- Posts: 364
- Joined: 16 Sep 2023, 18:30
- Favorite Book: Soul Evidence
- Currently Reading:
- Bookshelf Size: 24
- Reviewer Page: onlinebookclub.org/reviews/by-mari-thompson.html
- Latest Review: Play Golf Better Faster: The Little Golf Bag Book by Kalliope Barlis
-
- Book of the Month Participant
- Posts: 163
- Joined: 13 May 2023, 11:28
- Currently Reading:
- Bookshelf Size: 43
- Reviewer Page: onlinebookclub.org/reviews/by-renee-s.html
- Latest Review: Just Die by E Alan Fleischauer
Thank you, Mari, for your comment and feedback. I do hope you get to review it.Mari Thompson wrote: ↑23 Jan 2024, 21:39 I’m going to have to look into this book. It sounds like an easy informational read all about bitcoin and I would like to learn more about bitcoin. I hope it becomes available for me to reviewThanks for the exceptional review and recommendation.

- Terry Kimble
- Book of the Month Participant
- Posts: 284
- Joined: 24 Jul 2023, 07:38
- Currently Reading:
- Bookshelf Size: 130
- Reviewer Page: onlinebookclub.org/reviews/by-terry-kimble.html
- Latest Review: Deceptive Calm by Patricia Skipper

- Cara Wilding
- Book of the Month Participant
- Posts: 679
- Joined: 09 Aug 2023, 12:30
- Favorite Book: Sierra Six
- Currently Reading: Global Vice
- Bookshelf Size: 101
- Reviewer Page: onlinebookclub.org/reviews/by-cara-wilding.html
- Latest Review: Family Business by James Jack Fauser
Renee, I enjoyed reading your review! I have always been curious about Bitcoin and what the heck it really is. My friends and I have always acquainted it with tokens you win in gamesRenee S wrote: ↑15 Jan 2024, 12:18 [Following is a volunteer review of "Bitcoin Answered" by Jon Law.]
"Bitcoin Answered" is a book presented in a question-and-answer format centered around Bitcoin. It serves as a valuable resource for beginners seeking clarity on Bitcoin. The book covers a broad range of topics, addressing questions that encompass the scope of Bitcoin, digital currencies, and blockchain technology.
The author breaks down the fundamental aspects of Bitcoin, addressing common queries such as its origins, security concerns, and its potential as an investment. The book's concise answers to questions like "What is Bitcoin?" or "Can Bitcoin be hacked?" provide a quick and easy-to-understand foundation for those new to the cryptocurrency space. Meanwhile, more in-depth questions delve into the historical evolution of Bitcoin and its broader implications for the financial landscape. The book also has visual aids that provide an effective means of conveying concepts.
I like the book’s balanced presentation of information. It neither overly promotes Bitcoin as a flawless revolutionary force nor dismisses it as a mere fad. Instead, it fosters a nuanced understanding, allowing readers to form their own conclusions. The book allows readers to explore Bitcoin from various perspectives, including sentiment, technical intricacies, historical context, and conceptual understanding. As someone whose interest in Bitcoin arose from curiosity rather than investment motives, "Bitcoin Answered" proved to be an enlightening read.


-
- Book of the Month Participant
- Posts: 163
- Joined: 13 May 2023, 11:28
- Currently Reading:
- Bookshelf Size: 43
- Reviewer Page: onlinebookclub.org/reviews/by-renee-s.html
- Latest Review: Just Die by E Alan Fleischauer
Thank you so much for your kind words! Actually, there is a question in the book asking how to explain Bitcoin to a 5-year-old. I think the book does a good job of breaking down Bitcoin concepts in a way that's easy to grasp, even for beginners. I hope you find the book useful. Happy reading!Terry Kimble wrote: ↑27 Jan 2024, 08:30 Renee, I loved reading your review of a book about Bitcoin! I have zero knowledge of cryptocurrency, and not because no one has ever tried to explain it to me. I just never fully understood it. After reading your review, I will try this book (I hope the book explains Bitcoin as if the reader is a five-year-old).Excellent review, thanks!

-
- Book of the Month Participant
- Posts: 163
- Joined: 13 May 2023, 11:28
- Currently Reading:
- Bookshelf Size: 43
- Reviewer Page: onlinebookclub.org/reviews/by-renee-s.html
- Latest Review: Just Die by E Alan Fleischauer
Hey Cara, Thanks for your comment, and I totally understand. When I heard a friend of mine's father was investing in Bitcoin, I thought he was mad. I had heard of Bitcoin but never tried to explore or understand it properly; all the while, I just assumed it was something unreliable or risky. When I got the option to review this book, I thought, 'Okay, let's find out.'Cara Wilding wrote: ↑28 Jan 2024, 18:50
Renee, I enjoyed reading your review! I have always been curious about Bitcoin and what the heck it really is. My friends and I have always acquainted it with tokens you win in games. While I know it's "real," it feels like made-up money, which is ironic because money is essentially just that—made-up value symbolic of the paper it is printed on. The question of being able to hack any type of currency is an interesting one to explore. I thought it would fade away; however, it appears to be here to stay for a while, at least. Perhaps I should learn more about it! Thanks for sharing your thoughts on this book with us. Until next time...
![]()

- Cara Wilding
- Book of the Month Participant
- Posts: 679
- Joined: 09 Aug 2023, 12:30
- Favorite Book: Sierra Six
- Currently Reading: Global Vice
- Bookshelf Size: 101
- Reviewer Page: onlinebookclub.org/reviews/by-cara-wilding.html
- Latest Review: Family Business by James Jack Fauser
Renee, now that you've read the book, do you still feel it is unreliable or risky? This might be a good litmus for me in deciding whether to 'invest' time in this bookRenee S wrote: ↑30 Jan 2024, 09:57
Hey Cara, Thanks for your comment, and I totally understand. When I heard a friend of mine's father was investing in Bitcoin, I thought he was mad. I had heard of Bitcoin but never tried to explore or understand it properly; all the while, I just assumed it was something unreliable or risky. When I got the option to review this book, I thought, 'Okay, let's find out.'. And as you mentioned, I think it is going to stay for a while.


- Sarah Zain
- Minimum Wage Millionaire Reader
- Posts: 1880
- Joined: 09 Jan 2023, 17:00
- Favorite Book: Wutheing heights
- Currently Reading:
- Bookshelf Size: 104
- Reviewer Page: onlinebookclub.org/reviews/by-sarah-zain.html
- Latest Review: Northland Chronicles Mother World in Peril by John Frederick Zurn
-
- Book of the Month Participant
- Posts: 163
- Joined: 13 May 2023, 11:28
- Currently Reading:
- Bookshelf Size: 43
- Reviewer Page: onlinebookclub.org/reviews/by-renee-s.html
- Latest Review: Just Die by E Alan Fleischauer
The value of bitcoin can fluctuate significantly over short periods; in that sense, it is risky. It is like having a digital wallet, and we need to make sure it's secure as there are chances of it getting stolen online. And it’s obviously different from regular money; it's not controlled by any government. Few businesses accept it as payment, and some folks believe it's the future of money. But it's still new, and not everyone agrees on its reliability. I took up the book only because I was curious, but I do not wish to delve further and invest in it. I hope this helps!Cara Wilding wrote: ↑30 Jan 2024, 14:58
Renee, now that you've read the book, do you still feel it is unreliable or risky? This might be a good litmus for me in deciding whether to 'invest' time in this bookUntil next time...
![]()

-
- Book of the Month Participant
- Posts: 163
- Joined: 13 May 2023, 11:28
- Currently Reading:
- Bookshelf Size: 43
- Reviewer Page: onlinebookclub.org/reviews/by-renee-s.html
- Latest Review: Just Die by E Alan Fleischauer
"Bitcoin is computer money that people can use to buy and sell things or to make more money. Bitcoin works because of blockchain. Blockchain is a tool that allows many different people to safely pass around valuable information or money without needing someone else to do it for them." This is an explanation from the book that was quite easy to understand. But even for me, some concepts and details required rereading to grasp properly. Thank you for your comment and feedbackSarah Zain wrote: ↑30 Jan 2024, 21:28 I have tried a lot to understand Bitcoin and the world of cryptocurrencies in general, and I always feel that it is difficult, but according to you here, I think that the book will provide a simplified definition that makes this process easier to understand. Excellent review Renee!

- Cara Wilding
- Book of the Month Participant
- Posts: 679
- Joined: 09 Aug 2023, 12:30
- Favorite Book: Sierra Six
- Currently Reading: Global Vice
- Bookshelf Size: 101
- Reviewer Page: onlinebookclub.org/reviews/by-cara-wilding.html
- Latest Review: Family Business by James Jack Fauser
Renee, this does help! Thanks for answering my question! Until next time...Renee S wrote: ↑02 Feb 2024, 08:37
The value of bitcoin can fluctuate significantly over short periods; in that sense, it is risky. It is like having a digital wallet, and we need to make sure it's secure as there are chances of it getting stolen online. And it’s obviously different from regular money; it's not controlled by any government. Few businesses accept it as payment, and some folks believe it's the future of money. But it's still new, and not everyone agrees on its reliability. I took up the book only because I was curious, but I do not wish to delve further and invest in it. I hope this helps!![]()
