Cryptocurrency in a Nutshell: The Basics of Blockchain and Cryptocurrency Part 1 (Paperback) (ISBN-13: 9798648963573)

Did you know that if you had invested $41 in 2010, you'd have over $87 million right now?

This is how the price of Bitcoins has changed over just 10 years - a dramatic, unparalleled development.

Cryptocurrencies have taken the world by storm. Today, there are over 1600 of them, and they attract new investors and traders every day - though some people consider cryptocurrencies to be scams and speculative bubbles.

So... what are cryptocurrencies? Are they a promising solution to the challenges of capitalism? Will they eventually replace national currencies?

First and foremost, they are a major technological breakthrough.

The technology behind Bitcoin and other cryptocurrencies is truly fascinating, but it can appear weird and suspicious when you first hear about it. So if you're new to cryptocurrencies, you've probably got a lot of questions and quite a few doubts.

How do cryptocurrencies function without a centralized governing body?

Who determines the exchange rates?

Are cryptocurrencies as safe and anonymous as they're claimed to be?

What exactly is blockchain and why are banks so interested in it?

Is Bitcoin any different from other cryptocurrencies?

Greg Somlok, a successful cryptocurrency trader and blockchain expert, is here to answer ALL of your questions and explain complex technologies in a patient, beginner-friendly manner

• Understand the technology behind Bitcoin and other cryptocurrencies such as Ethereum, Litecoin and others
• Make your own informed decisions about investing in cryptocurrencies
• Discover the world-transforming potential of blockchain and its uses outside the cryptocurrencysector
• Take a sneak peek into the future of finance

Greg's book will help you take your first step towards using cryptocurrencies - no matter if you're just planning to use them as a payment option or you're an aspiring investor