Sunday, December 17, 2017

Bitcoin in Brief

Bitcoin in Brief

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Bitcoin is all the rage these days. But what is it? Most people don't really know or understand much about the decentralized peer-to-peer cryptocurrency.

But those who do know what it is have heralded it as a revolution as important as that of the internet. Notable people who’ve had interesting things to say about it include:

Bill Gates, Microsoft co-founder, and Eric Schmidt, Executive Chairman of Google:
“Bitcoin is a technological tour de force.”
- Fox News, May 6, 2013 and CNBC, April 23, 2013, respectively.

Paul Buchheit, Creator of Gmail:
“Bitcoin may be the TCP/IP of money.”
- @PaulToo, Twitter, April 29, 2013

Tyler Winklevoss, of The Social Network drama fame, co-founder of Winklevoss Bitcoin Trust:
“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”
- New York Times, April 11, 2013

Gavin Andresen, Chief Scientist, The Bitcoin Foundation:
“You can basically put a bank in your pocket… That’s pretty amazing.”

If you want an easily understood, short introduction to this revolutionary technology, you’ve found the right book.

Bitcoin in Brief: What, Why, and How is a 26-page non-technical primer that tells you what you need to know about Bitcoin to be able to discuss, understand, utilize, and explain it. I avoid discussing the complex cryptography and mathematics that allow it to operate, and instead focus on real-world examples that demonstrate the uses and impact of the technology. This eBook provides a brief explanation of Bitcoin that doesn’t leave anything you need to know out.

The currency of the internet is Bitcoin, and Bitcoin is the internet of property ownership. Do you want to be left behind?

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