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Publisher's Summary

Bitcoin may seem complicated at first, but is actually very simple to use. As long as the user is careful in securing their digital wallet and uses the system correctly, Bitcoin can be a very simple way to send and receive funds. While the first idea of cryptocurrency such as this was described by Wei Dai in 1998, the first real prototype, Bitcoin, was created by Satoshi Nakamoto, a name used by someone whose real identity is still unknown since first publishing the paper, "Bitcoin: A Peer-to-Peer Electronic Cash System", on October 31, 2008 to a cryptography mailing list.
Bitcoin was first actually implemented in January of 2009. It was released as an open-source code, and anyone could create their own version of cryptocurrency using this information. Satoshi Nakamoto stepped down in 2010, and Gavin Andresen took over the reigns. Andresen then worked to ensure that Bitcoin was completely decentralized, meaning that no single entity has control over the system. Andresen said, "As soon as Satoshi stepped back and threw the project onto my shoulders, one of the first things I did was try to decentralize that. So, if I get hit by a bus, it would be clear that the project would go on."
©2017 Alex Harrison (P)2017 Alex Harrison
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Customer Reviews

Most Helpful

By Eddie Mittelstedt on 12-12-17

Nice intro to bitcoin

Recently I've become really interested in crypto currency as a concept rather than as an investment. I picked up this book as a complete beginner to bitcoin. I came in understanding the concept of blockchains and how they work, but not how bitcoin implemented the concept.

While short, the book was concise in it's explanation of bitcoin and its practical applications. If you are curious what bitcoin is and how it works, this book will certainly help and answer most if not all of your questions.

This audiobook was gifted to me by the publisher in exchange for an unbiased review.

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By Teresa on 12-12-17

Most Questions Answered In This Audiobook

This was a great beginner's guide to Bitcoin useage. Anyone online has surely heard of this but many don't know anything about it, like me. I've been interested but still somewhat confused. I talk about this but to my understanding and I think this audiobook clarified that, is that bitcoin is something you want to use not save. The value can fluctuate greatly and is still in its infancy. But this was an overall good listen for a person new to bitcoin.

Brian Moore did a fine job narrating. He spoke clearly and was easy to understand.

I was given this free review copy audiobook at my request and have voluntarily left this review.

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