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Mastering Bitcoin - A Beginner's Guide To Start Making Money With Bitcoin

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Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. It was released as open-source software in 2009.

The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency.

Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services in legal or black markets.

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

72 pages, Kindle Edition

Published June 21, 2017

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About the author

Adidas Wilson

337 books3 followers
My name is Author Adidas Wilson and traveling has always been a passion of mine. The thrill of discovering new places, meeting new people, and experiencing different cultures is what drives me to pack my bags and hit the road. Whether it’s a budget trip to a nearby city or a luxury vacation to a far-off destination, I find joy in the journey and the adventure.

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