Understanding Bitcoin In 46 Seconds: Uncomplicating Digital Currency (Paperback) (ISBN-13: 9781775054504)

This debut book by Brett A. Russell is focused on the new breed of Bitcoin users - the financial professionals and business influencers who have no interest in merkle trees, secure hash algorithms or cryptographic signatures, and because they task themselves with understanding money, are now compelled to turn their attention to Bitcoin. Sadly, many of these professionals are witnessing attacks on Bitcoin by their peers, and are somewhat perplexed by cocky Wall Street leaders screaming fraud, and stodgy old billionaire business magnates suggesting it's a mirage.

Business and financial leaders, advisors, accountants, and the plethora of money-mentors who have not taken the time to embrace Bitcoin must be shaking their collective heads as mainstream media headlines unceasingly remind us that anyone who invested $100 in Bitcoin in 2010 would be worth well over $100 million today.

Understanding Bitcoin In 46 Seconds delivers the foundation for understanding Bitcoin in one 46 second chapter, and uses the remaining seven chapters to drill down into all aspects of Bitcoin including mining, transactions, blockchain, wallet types, acquiring, securing and storing Bitcoin, and finally, one of the most asked questions, "why does Bitcoin have value?". The book includes many unavoidable technical descriptions, but clearly warns the reader, "Caution: Bitcoin Crevasse", noting that it is completely optional reading.

This book succeeds where other Bitcoin introductory books fail. It does not assume the reader has had previous encounters with cryptocurrencies, and it in no way makes them feel that the absence of coding or cryptography skills will prevent them from joining the Bitcoin revolution.

This is a simple, quick and effective Bitcoin orientation.

Awesome foreword by my colleague, Kyle Kemper, Advisor and Executive Director Blockchain Association Of Canada. Thank you Kyle, I appreciate your contribution.

There are no Bitcoin rabbit holes in this book