Bitcoin: The Bitcoin Basics: Bitcoin - Blockchain - Cryptocurrency and the Future of Bitcoin

However, there have been infamous hacks of Bitcoin wallets in which people lost large quantities of money. Bitcoin, however, is a decentralized virtual currency that was created in 2008-2009 by a mysterious figure known only as Satoshi Nakamoto. In the years since it has entered the mainstream consciousness; in recent years, its growing popularity has caused its value to skyrocket. It has been featured in news and periodical articles, as well as television shows. Other countries, such as the United States, are trying to find ways to regulate it, while others, such as China, have entirely banned any transactions that use Bitcoin under penalty of imprisonment. Because it is such a far-reaching global phenomenon — and continuing to grow by the day — anyone would do well to understand exactly what it is. Many people have heard of it and know that it is a "virtual currency," but what does that mean? What is a virtual currency? What is Bitcoin even good for, and how can you use it? Bitcoin is used in countries all around the world. Amongst other things, this book will help you know with confidence how you can remain safe and secure on the Bitcoin network. It will answer many of your questions about Bitcoin, and hopefully, inspire some creativity and imagination about how it can be used to help you meet your goals and needs.. This book will explain everything that you need to know to get started with Bitcoin. Description Trad

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