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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
4 out of 5 stars
By mandymay on 12-09-17

Informative 🤔

Great introduction into the history and inner workings of Bitcoin. For those seeking information on how to utilize Bitcoin I think this book is a good one to start with. From secure purchases to the safety of money transfers and investments, this book covers it. The narration is also very well done. I requested this book in exchange for my honest review. I recommend this listen to anyone interested in Bitcoin.

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1 of 1 people found this review helpful

5 out of 5 stars
By cps on 01-23-18

Cliff notes for bitcoin

Any additional comments?

This was an interesting book that gives a simple explanation of what bitcoin is....

I was voluntarily provided this free review copy audiobook by the author, narrator, or publisher.

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