Bitcoin Basics: 101 Questions and Answers

Download or read book Bitcoin Basics: 101 Questions and Answers written by Eric Sammons and published by . This book was released on 2015-10-30 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Bitcoin and why should I care? Bitcoin has thrust itself into the marketplace - and the national consciousness. One day in the not-too-distant future we may view this digital currency and payment network as revolutionary. Just as the Internet profoundly impacted the everyday lives of people the world over, Bitcoin has the potential to change the way we think about money, economics, communication, and data. Perhaps, like most people, you're not even sure what exactly Bitcoin is - let alone how or why to use it. Bitcoin Basics answers all your questions. After reading it you'll be ready - and excited - to begin your own Bitcoin adventure. Questions include: * What is Bitcoin? * Why was Bitcoin created? * Who owns the Bitcoin network? * What are the technological and economic advantages of Bitcoin? * What is Bitcoin mining? * Can the Bitcoin network be hacked? You don't have to be an expert to use Bitcoin, but after reading this book you'll be on your way to becoming one!