An essential and practical guide to understanding and using the greatest innovation in history since the Internet.
The world and the economy would not be what they are today without the Internet, and they will change just as profoundly as Bitcoin continues to grow and gain adoption.
Bitcoin represents the digitization of money—but money with attributes diametrically opposed to those we are used to: decentralized, deflationary, scarce, and without a central authority. It allows any two people to exchange goods and services across borders, without permission or control from third parties, from anywhere in the world.
It is a paradigm shift.
This book introduces a new language of money. It is written so that anyone can understand the fundamentals of Bitcoin and begin using it.
Bitcoin is the Internet of money, and its adoption is inevitable.
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Here is the book’s chapter list:
- Introduction
- How I got here
- Who this book is for
- If you don’t know what money is, you won’t understand Bitcoin
- A brief history of money
- What is the Internet?
- Your wealth may be in your head
- A paradigm shift
- Disruptions eliminate inefficiency
- Debt, inflation… the poor man’s tax
- The Cantillon effect
- The role of banking in today’s economy
- How Bitcoin came into being
- Bitcoin is a set of technologies
- What mining is and how new bitcoins are generated
- Where are your bitcoins?
- Create your Bitcoin accounts
- How to acquire bitcoins
- Privacy in Bitcoin
- Bitcoin’s price volatility
- Myths about Bitcoin
- Become a “Bitcoin HODLer”
- Dollar-cost averaging (DCA)
- A new industry
- Wrapping up
- Glossary
- About me
- Bitcoin bibliography