Bitcoin is a revolutionary new form of digital currency that operates on a peer-to-peer model rather than a centralized government model. There is no form of physical Bitcoin; rather, all transactions are made online.
It was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.
Bitcoins can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
This book covers everything you need to know in order to get started with Bitcoin such as...
Understanding Bitcoin
Use Cases of Bitcoin And The The Blockchain
How To Buy Bitcoin
How To Secure Your Bitcoin
The Best Bitcoin Wallet
Benefits of Bitcoin
How To Use Bitcoin As Inflationary Hedge
A Future With Bitcoin
How To Invest In Bitcoin
How To Accept Bitcoin For Your Business
How To Use Bitcoin As Part of Your Business and much more!
What Billionaires Are Saying About Bitcoin
One of the biggest Bitcoin advocates is Silicon Valley icon, Tim Draper. Draper's made over $1 billion by getting in early to Twitter, Skype, Tesla, and others through his venture firm, Draper Fisher Jurvetson.
Draper told Forbes...
"In five years, if you try to use fiat currency, they will laugh at you. Bitcoin and other cryptocurrencies will be so relevant... there will be no reason to have the fiat currencies."
He's not the only one making big predictions about cryptocurrencies...
Hedge fund legend Mike Novogratz predicted last month that Bitcoin will hit $10,000 in the next few months. And he's putting his money where his mouth is starting a $500 million crypto fund.
A few months ago, Silicon Valley pioneer John McAfee creator of the antivirus software predicted that Bitcoin will hit $500,000 within three years.
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