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This guide will inform you all about Bitcoin (BTC) and cryptocurrency, how they work, why they exist, and what kind of technology is behind Bitcoin. It wasn’t too long ago when people started hearing the words ‘Bitcoin’ and
‘cryptocurrencies.’
Few people outside the crypto-communities knew what they were, and many thought it was just another fad that was bound to fail in a few years. The value of one bitcoin was just a few cents then, so obviously, it wasn’t worth a lot. For this reason, it was ignored by the masses. There were far more profitable investments one could make, after all.
Those who invested sums of money in the new digital currency either believed in the system proposed by its founder, Satoshi Nakamoto, or they wanted to see how it works.
Either way, those who believed were significantly rewarded and continue to be rewarded, as a single bitcoin now costs thousands of dollars.
It only took Bitcoin five years to breach the $1,000 mark in late 2013, and just a few years later, Bitcoin prices are at an all-time high – way past the $10,000 mark for a single bitcoin!
ISBN: 9789403651897
