File Size: 564 KB
Print Length: 108 pages
Publisher: Saragossa Press (November 5, 2015)
Publication Date: November 5, 2015
Sold by: Digital Services LLC
Language: English
ASIN: B017OC73ZG
Text-to-Speech: Enabled
X-Ray: Not Enabled
Word Wise: Enabled
Lending: Not Enabled
Enhanced Typesetting: Not Enabled
Best Sellers Rank: #576,883 Paid in Kindle Store (See Top 100 Paid in Kindle Store) #106 in Books > Business & Money > Economics > Digital Currencies #240 in Books > Computers & Technology > Internet & Social Media > E-Commerce #587 in Books > Computers & Technology > History & Culture
This has the qualities one seeks in a short introductory book. It is well-written, easy to read, and balanced. It tells the average reader what needs to be known about Bitcoin without wading into too much detail.Eric Sammons asked me to review this title on the strength of my review of The Age of Cryptocurrency . Both are excellent books, intended for different readerships. This book tells the reader how Bitcoin works and what makes it radically different from government-issued currencies. Without belaboring the point, Sammons outlines the shortcomings of government-issued fiat currencies. The chief one is this. They are issued via a political process, and they invariably succumb to political pressures to inflate. In time, they all fail. Every one. See This Time Is Different: Eight Centuries of Financial Folly for an historical account, and The Creature from Jekyll Island: A Second Look at the Federal Reserve for a description of why.The problems with government are peripheral to the main thrust of the book. Bitcoin serves two of thee three major purposes of money: a means of exchange and a store of wealth. It could serve as the third, a unit of account, but the governments who demand financial accounting don't want to be reading profit-and-loss statements denominated in Bitcoins.
The Black Book of Bitcoin: A Step-by-Step Bitcoin Guide on Everything You Need to Know About this New Currency (bitcoin mining, bitcoin trading, bitcoin internals, bitcoin step by step guide) Bitcoin: Beginner's Guide - Everything You Need To Know To Make Money With Bitcoins (Bitcoin Mining, Bitcoin Trading, Bitcoin Guide, Bitcoin Beginner) Bitcoin Mining: The Bitcoin Beginner's Guide (Proven, Step-By-Step Guide To Making Money With Bitcoins) (Bitcoin Mining, Online Business, Investing for ... Beginner, Bitcoin Guide, Bitcoin Trading) Bitcoin: Mastering Bitcoin & Cyptocurrency for Beginners - Bitcoin Basics, Bitcoin Stories, Dogecoin, Reinventing Money & Other Digital Currencies Bitcoin Basics: 101 Questions and Answers Bitcoin Step by Step for Beginners: How to Invest and Profit from Bitcoin Today! (Bitcoin Beginners) 20 Answers- Mary (20 Answers Series from Catholic Answers Book 13) 20 Answers- Jehovah's Witnesses (20 Answers Series from Catholic Answers Book 7) Investors Guide On Forex Trading, Bitcoin and Making Money Online: Currency Trading Strategies and Digital Cryptocurrencies for Bitcoin Buying and Selling Bitcoin: The ultimate guide to buying, selling, mining and investing in bitcoins. Be the best bitcoin miner and fill your wallet The Case for Bitcoin: Why JPMorgan CEO Jamie Dimon Is Dead Wrong - And Why Bitcoin Is the Greatest 'Store of Value' Ever Invented in Human History! Bitcoin Trading: Your Complete Beginner's Guide to Bitcoin Trading and Investing Bitcoin Guide For Beginners: The Simple And Proven Bitcoin Trading Guide For Making Money With Bitcoins The Black Book of Bitcoin: A Step-by-Step Bitcoin Guide on Everything You Need to Know About this New Currency Building Bitcoin Websites: A Beginner's Guide to Bitcoin Focused Web Development Bitcoin Internals: A Technical Guide to Bitcoin Bitcoin ¡La Última Guía de la A - Z sobre el Comercio y Extracción del Bitcoin, al Descubierto! (Spanish Edition) Interview: The Art of the Interview: The Perfect Answers to Every Interview Question (Interview Questions and Answers, Interviewing, Resume, Interview Tips, Motivational Interviewing, Job Interview) Pastel Drawing: Expert Answers to Questions Every Artist Asks (Art Answers) 101 Great Answers to the Toughest Interview Questions, 25th Anniversary Edition