Understanding the Basics About Bitcoin & Other Cryptocurrencies, The Beginner’s 101 Guide - An Introductory Explanation for Beginners, Part 1

Download or read book Understanding the Basics About Bitcoin & Other Cryptocurrencies, The Beginner’s 101 Guide - An Introductory Explanation for Beginners, Part 1 written by El-Princess Taylor and published by El-Princess Donyá Taylor Trust©®™. This book was released on 2018-03-16 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, “Bitcoin” has become a buzzword that mainstream media has obsessed about. But only a small percentage of the world’s population knows what Bitcoin is and even less can explain, with clarity, how to use it. This book provides an easy to understand explanation of cryptocurrency expressed in layman's terms so that even a newbie can understand how to become mobilized and function effectively with cryptocurrency. The book will also fill in the gaps for those who know some things about the currency but want to know more. The book is designed as a manual/handbook for those who want step-by-step instructions for the 3 most important things you’ll need to know to get started; 1. How to open a wallet, 2. How to buy cryptocurrency, 3. How to determine the most effective storage solution for your cryptocurrency. You will also find FAQ’s which address the most pressing questions about cryptocurrencies. The book provides viable solutions for users to have more control over their own money and more secure and private transactions as well as to address the issue of double spending and monetization. This concise guide is sure to be a hit with those who seek a more comprehensive and simplified approach to understanding Bitcoin and other cryptocurrencies. Don't miss it.