Review of Bitcoin Answered
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Review of Bitcoin Answered
Do you have an interest in Bitcoin and cryptocurrency? Are you an entrepreneur looking for a manageable and smarter way to transact your business? Then this book, Bitcoin: Answered, is all you require. It is expected that at the end of this book, the reader would have gotten answers to all questions concerning Bitcoin and cryptocurrency in their totality. This book was written in a question-answer-based format. It features the history of Bitcoin from its invention to the present.
Bitcoin is created by an anonymous Japanese man named Satoshi Nakamoto. Globally, it is known as a secure means of transaction done solely online without a physical presence. But Bitcoin offers much more, which the reader will uncover in this book. Jon Law illustrated the relationship between Bitcoin and blockchain technology, including but not limited to the Bitcoin PoW system, mining pools, wallets, loans amongst other aspects. The author Jon Law dissects blockchain technology in its simplest form, such that it is effortlessly understandable even without prior knowledge of it. This book details the summary of Bitcoin from 1991 to the present day.
It acknowledges questions on longevity, future, value, risks, workability of Bitcoin and crypto trading. I love that Jon Law explained all the Bitcoin-related terms used in this book. Also, the history of Bitcoin was analyzed, including the price history from invention to the present day. I also love the crypto essential dictionary attached to this book for easy referral when confused with any of the terms in this book. Jon Law also included some books, podcasts, YouTube channels in case a reader seeks more knowledge about Bitcoin aside from the ones in this book.
Because this book was written in a question-answer-based format, there is nothing not to love about this book. It simply answers questions frequently asked about Bitcoin and crypto trading. A Beginner should be able to make an independent and informed decision on all things Bitcoin and cryptocurrency at the end of this book. I rate this book 3 out of 4 stars. A detailed explanation is given by the author concerning Bitcoin and all its aspects, the use of diagrams to further buttress his points, the bitcoin acronyms, and slang carefully explained for a better understanding by a beginner among others are the reasons for this rating.
This book can serve as a guide to anyone aspiring to go into Bitcoin mining and crypto trading. Also, for anyone who wishes to use Bitcoin as a means of transaction. Similarly, Bitcoin miners and traders already in the business will benefit from the in-depth knowledge shared in this book. I applaud the author, as well as the editors for a job well done as no errors, was detected while reading this book.
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Bitcoin Answered
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