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You've probably heard about Bitcoin on the news or heard it being discussed by your friends or colleagues. How come the price keeps changing? Is Bitcoin a good investment? How does it even have value? Why do people keep talking about it like it's going to change the world?The Little Bitcoin Book tells the story of what's wrong with money today, and why Bitcoin was invented to provide an alternative to the current system. It describes in simple terms what Bitcoin is, how it works, why it's valuable, and how it affects individual freedom and opportunities of people everywhere - from Nigeria to the Philippines to Venezuela to the United States. This book also includes a Q & A section with some of the most frequently asked questions about Bitcoin.If you want to learn more about this new form of money which continues to gain interest and adoption around the world, then this book is for you.
"Formulated in an agile Question & Answer format, this book represents a concise, systematic, complete and very digestible access point, for those approaching the topic for the first time.For those already very familiar with the Bitcoin-rabbit hole, it still represents a useful manual to avoid very common misunderstandings, or explore more refined concepts, perhaps starting to think in terms of "sats" and "LNP/BP" technological stack." - Giacomo Zucco, founder BHB Network, co-founder Bcademy. "There are problems with the actual use of digital cash in the near term.(...) One concern I have is that the move to electronic payments will decrease personal privacy by making it easier to log and re...
Competition, the drive for efficiency, and continuous improvement ultimately push businesses toward automation and later towards autonomy. If a business can operate without human intervention, it will minimize its operational cost. If Uber can remove the expense of a driver with an autonomous vehicle, it will provide its service cheaper than a competitor who can’t. If an artificially intelligent trading company can search, find, and take advantage of some arbitrage opportunity, then it can profit where its competitors cannot. A business that can analyze and execute in real-time without needing to wait for a human to act, is a business that will be able to take advantage of brief inefficien...
Money is a fact of everyday life. We earn it, spend it and save it. We're tempted to worship it and to trust it to provide for our needs. Envy, misery, and destruction are found wherever money is worshiped. Why does this happen? Why has money become the way it is? And can money be moral? In Thank God for Bitcoin, we explore the ways in which the current monetary system is broken and what can be done to fix it. We explore money's creation, its corruption and its potential redemption. We look at how Bitcoin can redeem the ills of our corrupt monetary system and how the ongoing transition to sound money is a source of hope for a broken world.
"Formulato in un agile formato Domanda&Risposta, questo libro è uno dei migliori esempi di contenuto educativo Bitcoin in lingua italiana che abbia letto finora." - Giacomo Zucco, founder BHB Network, co-founder Bcademy. "Ci sono dei problemi con l'uso del denaro digitale, nel breve termine (...). Una delle mie preoccupazioni è che il passaggio ai pagamenti elettronici ridurrà la privacy personale facilitando il monitoraggio e la registrazione delle transazioni" diceva Hal Finney nel 1993. La cosiddetta società senza contanti avanza e porta con sé delle criticità che mettono in crisi la libertà stessa dell'individuo e il suo ruolo all'interno dell'economia. Bitcoin fixes this. Finalme...
Dive into Bitcoin technology with this hands-on guide from one of the leading teachers on Bitcoin and Bitcoin programming. Author Jimmy Song shows Python programmers and developers how to program a Bitcoin library from scratch. You’ll learn how to work with the basics, including the math, blocks, network, and transactions behind this popular cryptocurrency and its blockchain payment system. By the end of the book, you'll understand how this cryptocurrency works under the hood by coding all the components necessary for a Bitcoin library. Learn how to create transactions, get the data you need from peers, and send transactions over the network. Whether you’re exploring Bitcoin applications for your company or considering a new career path, this practical book will get you started. Parse, validate, and create bitcoin transactions Learn Script, the smart contract language behind Bitcoin Do exercises in each chapter to build a Bitcoin library from scratch Understand how proof-of-work secures the blockchain Program Bitcoin using Python 3 Understand how simplified payment verification and light wallets work Work with public-key cryptography and cryptographic primitives
"Hay problemas con es uso de efectivo digital a corto plazo...Una preocupación es que moverse hacia los pagos digitales disminuirá la privacidad personal, haciendo mas fácil seguir y registrar transacciones", Hay Finney desde 1993. La llamada sociedad sin efectivo avanza y lo hace trayendo algunos problemas críticos, que socavan la libertas del individuo y su rol en la economía. Bitcoin arregla esto. Finalmente, tenemos una herramienta que puede proveer una alternativa válida al sistema monetario centralizado y jugar el papel de efectivo digital (también conocido como “efectivo electrónico”). Bitcoin no solo representa una nueva frontera en el intercambio de valor entre pares, si...
Bitcoin har vore ein økonomisk revolusjon og eit teknologisk gjennombrot. I media er kryptovalutaen mest omtalt i samband med svingande kursendringar, kriminalitet og stor energibruk. I denne vesle innføringa forklarar forfattarane på ein enkel måte kva Bitcoin er og kvifor det er så viktig både for økonomien og fridommen vår. Kvifor er dagens pengesystem problematiske? Kva kan Bitcoin betyr for dei som ikkje har tilgang til banktenester i dag? Korleis kan Bitcoin vera eit alternativ som kan endra politikk og samfunn i framtida? Forfattarane er aktivistar, forelesarar, entreprenørar, bedriftsleiarar, investorar og forskarar. Dei kjem frå Afrika, Asia, Europa, Nord- og Sør-Amerika....
Falling down the Bitcoin rabbit hole is a strange experience. Like many others, I feel like I have learned more in the last couple of years studying Bitcoin than I have during two decades of formal education. The following lessons are a distillation of what I've learned. First published as an article series titled "What I've Learned From Bitcoin," what follows can be seen as a third edition of the original series. Like Bitcoin, these lessons aren't a static thing. I plan to work on them periodically, releasing updated versions and additional material in the future.Bitcoin is an inexhaustible teacher, which is why I do not claim that these lessons are all-encompassing or complete. They are a reflection of my personal journey down the rabbit hole. There are many more lessons to be learned, and every person will learn something different from entering the world of Bitcoin. I hope that you will find these lessons useful and that the process of learning them by reading won't be as arduous and painful as learning them firsthand.
This book covers Bitcoin's blocksize war, which was waged from August 2015 to November 2017. On the surface the battle was about the amount of data allowed in each Bitcoin block, however it exposed much deeper issues, such as who controls Bitcoin's protocol rules. It is not possible to cover every twist and turn in the labyrinthine conflict or all the arguments, but I have provided a chronology of the most significant events. This book explores some of the major characters in the conflict and includes coverage, from both the front lines and behind the scenes, during some of the most acute phases of the struggle. The account in this book includes discussions with the key players from both sides during the war, exploring their motivations, strategy and thought processes as the exhausting campaign progressed and developed.