Bitcoin Explained Simply: An Easy Guide To The Basics That Anyone Can Understand

by Mark Jeffrey

NEW! Updated with 'What Does The Crash of Mt. Gox Mean For Bitcoin'? 'Is Dorian Nakamoto Really Satoshi Nakamoto, The Inventor of Bitcoin'? And -- How to store Bitcoins in such a way that they exist nowhere else but *in your mind*! (Yes, really -- and no, this is not a gimmick, you really can do this).Industry Expert Mark Jeffrey is an award-winning serial entrepreneur of innovative technology companies backed by Tier One investors, and now he breaks down Bitcoin for you in SIMPLE, easy-to-understand language! It is still VERY early in the Bitcoin only 0.03% of the world owns bitcoins, we still have 99.97% left to go! Knowing the contents of this book is literally like knowing about the potential of the Internet back in 1993!In this volume, you’ll Exactly what Bitcoin is — and isn’t (for how is this different from Paypal? VERY)- How Bitcoins works, explained in everyday, non-technical language, with metaphors that are easy for anyone to understand- How to get YOUR OWN Bitcoins RIGHT NOW!- How to spend Bitcoins — and accept them - How to Mine bitcoins (and learn exactly how mining works!)- A detailed, simple explanation of the ‘blockchain’ mechanism — the ‘flux capacitor’, if you will — that makes Bitcoin possible!- The history of Bitcoin, as well as up-to-date stories and anecdotes of how it is being used right now!- How you can protect your self against Bitcoin theft and scams- Links and recommendations of Bitcoin productsThis is exactly the book I wish someone had handed to me when I was first learning about Bitcoin.Don’t wait to see what will happen in 2014 … know ahead of time! Scroll up and buy this book and already be smarter in the next five minutes … About The Jeffrey is an award-winning serial entrepreneur of innovative technology companies backed by Tier One investors. These include The Palace (sold to Communities.com in 1998), Zero Degrees (sold to InterActive Corp/IAC in 2004), Mahalo (now Inside.com), ThisWeekIn, and Glossi. He has authored five books, including the Max Quick series, published and optioned by Harper Collins. Mark consults as a technology co-founder to a portfolio of companies in tablets, mobile, digital media, social, and digital publishing.Mark served as Chief Product Officer on the founding team of Glossi.com, a new site where anyone can create and self-publish digital magazines. Mark formulated the core idea behind the company, and then managed product design, technology, and ongoing competitive analysis on Glossi’s product, business, and technology.Mark co-founded and served as founding CEO of the web television network ThisWeekIn.Mark was the founding CTO of Mahalo.com (now Inside.com), a human-powered search and learning site, backed by Sequoia Capital (Google, Youtube, Yahoo), CBS, Newscorp, and Elon Musk (Paypal, Tesla, SpaceX).Mark was Co-Founder and VP Product & Technology for the early business social networking company, ZeroDegrees. Founded in 2002, Mark sold the company to Barry Diller’s IAC/InteractiveCorp in 2004, with more than one million registered users.Mark’s first company, The Palace, was backed by Time Warner, Intel and Softbank, and sold to Communities.com in 1998. The Palace was a popular avatar virtual world environment that grew to 10 million users at its peak. The Palace was selected ‘The Best of 1996' by Entertainment Weekly, and received numerous awards and coverage a Webby Award nomination; “Cool Innovation of the Year” nomination; and was selected as the Chicago SUN-Times’ Best

46 pages, Kindle Edition

First published January 15, 2014

About the author

Serial entrepreneur and Harper Collins author | Host HASH RATE Web3 pod | General Partner: Boolean Fund | Founder & CEO, Guardian Circle ‘Friends & Family 9-1-1’ app (Partner: XPRIZE, NEWSWEEK Blockchain Impact Award (2019), FAST COMPANY ‘World Changing Idea’ 2018) | CTO Mahalo (backed by Sequoia, Elon Musk, Jason Calacanis) | Co-Founder & CEO ThisWeekIn podcast network with Kevin Pollak & Jason Calacanis | Founder: ZeroDegrees (2002) business social network (sold to IAC 2004) | Founder: The Palace (Metaverse) 1995-2000, 10M users, backed by SOFTBANK, Intel, Time Warner (sold to Communities.com 1999) | Participated in the Ethereum ICO, Bitcoin class of 2013 | Worked with UBER founder Travis Kalanick on Red Swoosh | First serialized podcast novel (The Pocket and the Pendant) 2005 (2.3M downloads) Harper Collins hardcover 2011| Author: BITCOIN EXPLAINED SIMPLY (2013), THE CASE FOR BITCOIN (2015) | Featured in ‘Trust Machine’ blockchain film (Alex Winter, Rosario Dawson), Apple's PLANET OF THE APPS reality TV show, RISE OF BLOCKCHAIN with Akon.

Reviews

[Chirag · Rating 3 out of 5]

A good introduction to crypto currency. But it is too simple and little more details would help.