Review of Bitcoin Answered

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Renee S
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Review of Bitcoin Answered

Post by Renee S »

[Following is a volunteer review of "Bitcoin Answered" by Jon Law.]
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5 out of 5 stars
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"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.

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Bitcoin Answered
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Gerry Steen
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Post by Gerry Steen »

Hi, Renee. I am happy that you reviewed this book. I have been wanting to inform myself about Bitcoin for quite a while now. Your review of this book has sold this book to me. The questions that you listed are the questions I need answered. I am going to look for it on Amazon. Thank you. :techie-studyinggray:
Renee S
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Post by Renee S »

Hi Gerry! I'm thrilled to hear that the review resonated with you and sparked your interest. Definitely check it out on Amazon, and I hope it provides the clarity you're seeking. Happy reading :techie-studyingbrown: and thank you for your comment!
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Post by Mari Thompson »

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 review 🙂 Thanks for the exceptional review and recommendation.
Renee S
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Post by Renee S »

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 review 🙂 Thanks for the exceptional review and recommendation.
Thank you, Mari, for your comment and feedback. I do hope you get to review it. :)
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Terry Kimble
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Post by Terry Kimble »

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). :wink2: Excellent review, thanks!
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Cara Wilding
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Post by Cara Wilding »

Renee 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.
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 :lol: . 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...
:tiphat:
Renee S
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Post by Renee S »

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). :wink2: Excellent review, thanks!
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! :)
Renee S
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Post by Renee S »

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 :lol: . 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...
:tiphat:
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.' :D . And as you mentioned, I think it is going to stay for a while.
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Cara Wilding
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Post by Cara Wilding »

Renee 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.' :D . And as you mentioned, I think it is going to stay for a while.
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 book :wink: Until next time...
:tiphat:
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Sarah Zain
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Post by Sarah Zain »

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!
Life is hard on its own so let's make it easier for each other if we could.
Renee S
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Post by Renee S »

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 book :wink: Until next time...
:tiphat:
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! :)
Renee S
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Post by Renee S »

Sarah 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!
"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 feedback :)
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Cara Wilding
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Post by Cara Wilding »

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! :)
Renee, this does help! Thanks for answering my question! Until next time...
:tiphat:
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