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Bitcoin Basics: 101 Questions and Answers Paperback – October 30, 2015

by Eric Sammons (Author)
4.6 4.6 out of 5 stars 39 ratings
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What is Bitcoin and why should I care? 

Bitcoin has thrust itself into the marketplace – and the national consciousness. One day in the not-too-distant future we may view this digital currency and payment network as revolutionary. Just as the Internet profoundly impacted the everyday lives of people the world over, Bitcoin has the potential to change the way we think about money, economics, communication, and data.

Perhaps, like most people, you’re not even sure what exactly Bitcoin is – let alone how or why to use it. Bitcoin Basics answers all your questions. After reading it you’ll be ready – and excited – to begin your own Bitcoin adventure. 

Questions include:
• What is Bitcoin?
• Why was Bitcoin created?
• Who owns the Bitcoin network?
• What are the technological and economic advantages of Bitcoin?
• What is Bitcoin mining?
• Can the Bitcoin network be hacked?

You don't have to be an expert to use Bitcoin, but after reading this book you'll be on your way to becoming one!
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  1. Print length
    108 pages
  2. Language
    English
  3. Publication date
    October 30, 2015
  4. Dimensions
    5.25 x 0.25 x 8 inches
  5. ISBN-10
    0692572333
  6. ISBN-13
    978-0692572337
  7. See all details
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Editorial Reviews

From the Author

Bitcoin today is like email in the early 90's - and it has the potential to be as much a part of our life in the future as email is today. Since its origin in 2008, its popularity has exploded. Now economists, venture capitalists, financial executives, and even some politicians are embracing what a few years ago was a fringe interest of a handful of technical hobbyists. Nevertheless most "regular" people have no idea what Bitcoin is, even if they've heard of it. They might have some vague impressions - "Isn't that like Internet money?" or "Don't people buy drugs with that?" - but they don't really understand Bitcoin, or why anyone would be interested in using it, or how to use it themselves. 

That is the purpose of this book. If you are one of those "regular" people who is interested in Bitcoin but doesn't know where to start, then Bitcoin Basics: 101 Questions and Answers will help you navigate this quickly developing technology. 

Perhaps you're already familiar with Bitcoin. If you bring up Bitcoin to a friend, and he gives you a quizzical look, hand him this book. If you mention Bitcoin at your family Thanksgiving dinner, and your cousin says, "I don't really understand that," send her a copy of this book. 

Although Bitcoin Basics: 101 Questions and Answers explains the technical and economic ideas behind Bitcoin, it is intended for the non-technician, the non-economist. Anyone who knows how to use email and how to pay for something online with a credit card can read this book profitably. Some parts of the book cover the more practical aspects of Bitcoin - how to spend and receive it, how to store it, etc. - and other parts explain the reasons behind the creation of Bitcoin and the problems it is intended to solve. You only need to know the former to use Bitcoin, but knowing the latter can give you a leg up in becoming knowledgeable about this new and exciting phenomenon.
 
No one knows the future of Bitcoin, but it has the potential to do for money what the Internet has done for communications. And if this happens, everyone will need to understand at least the basics of Bitcoin. This little book will help you do that.

The table of contents gives a general layout of the topics covered:

  1. Bitcoin Basics
  2. Bitcoin as a Payment Network
  3. Bitcoin as Currency
  4. Ownership of Bitcoin Network
  5. Technological Advantages of Bitcoin
  6. Economic Advantages of Bitcoin
  7. Using Bitcoin
  8. Cost of Using Bitcoin
  9. Bitcoin Mining
  10. Anonymity of Using Bitcoin
  11. Security of Bitcoin
  12. Value of Bitcoin
  13. Objections to Bitcoin
  14. The Future of Bitcoin
It is my hope that Bitcoin Basics: 101 Questions and Answers will make the sometimes-confusing subject of Bitcoin more accessible to everyone. 

From the Back Cover

What is Bitcoin and why should I care?

Bitcoin has thrust itself into the marketplace - and the national consciousness. One day in the not-too-distant future we may view this digital currency and payment network as revolutionary. Just as the Internet profoundly impacted the everyday lives of people the world over, Bitcoin has the potential to change the way we think about money, economics, communication, and data.

Perhaps, like most people, you're not even sure what exactly Bitcoin is - let alone how or why to use it. Bitcoin Basics answers all your questions. After reading it you'll be ready - and excited - to begin your own Bitcoin adventure.

You don't have to be an expert to use Bitcoin, but after reading this book you'll be on your way to becoming one!

Product details

  • Publisher ‏ : ‎ Saragossa Press (October 30, 2015)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 108 pages
  • ISBN-10 ‏ : ‎ 0692572333
  • ISBN-13 ‏ : ‎ 978-0692572337
  • Item Weight ‏ : ‎ 4.3 ounces
  • Dimensions ‏ : ‎ 5.25 x 0.25 x 8 inches
  • Customer Reviews:
    4.6 4.6 out of 5 stars 39 ratings

About the author

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Eric Sammons

Eric Sammons

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Eric Sammons is the Editor-in-Chief of Crisis Magazine and the author of eight books, including a book on Catholic evangelization and a book on religious indifference. He has contributed over 150 articles to numerous websites, including Catholic Answers, OnePeterFive, Crisis Magazine, and The Federalist.

Eric's website may be found at www.ericsammons.com and he may be followed on Twitter @EricRSammons.

Customer reviews

4.6 out of 5 stars
39 global ratings

Customers say

Customers find the book good for novices and easy to read. They also praise the writing style as well-written.

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6 customers mention "Overall content"6 positive0 negative

Customers find the book good for novices, with a great overview. They also say the writing is quick, clear, and engaging, with humor.

"...While the author is definitely an enthusiast, the book is still well worth the read even if one is somewhat skeptical (as I am)...." Read more

"Good book for the novice. Easy to read. I completed it in one afternoon. Next I’m going to get into the basics of buying and selling." Read more

"Usefull basic information for beginers" Read more

"Excellent book!..." Read more

4 customers mention "Writing style"4 positive0 negative

Customers find the writing style of the book well-written.

"...The writing is quick, clear, and engaging, with a bit of humor thrown in to help keep your interest...." Read more

"Good book for the novice. Easy to read. I completed it in one afternoon. Next I’m going to get into the basics of buying and selling." Read more

"...This book gave me the foundation I needed in an easy to read & digest format. This author, Eric Sammons is a genius!" Read more

"Good, well written, book!..." Read more

Top reviews from the United States

Dean Austin
5.0 out of 5 stars No better introduction out there.
Reviewed in the United States on November 18, 2015
Verified Purchase
Excellent introduction to a somewhat tricky and complicated subject.

The author covers Bitcoin in all of its major facets (technological & economic, as a currency, as a marketplace), with just the right amount of detail for an introductory book (leaving the reader free to follow up independently on those aspects that interest him most). The technical aspects are particularly well-handled, avoiding the twin pitfalls of being too technical for an introduction and too superficial to be of any value. The writing is quick, clear, and engaging, with a bit of humor thrown in to help keep your interest.

While the author is definitely an enthusiast, the book is still well worth the read even if one is somewhat skeptical (as I am).

Recommend hardcopy over kindle edition.
3 people found this helpful
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J. washington
5.0 out of 5 stars Great Overview
Reviewed in the United States on February 10, 2022
Verified Purchase
Good book for the novice. Easy to read. I completed it in one afternoon. Next I’m going to get into the basics of buying and selling.
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Steven D.
5.0 out of 5 stars Excellent book!
Reviewed in the United States on December 17, 2019
Verified Purchase
Brilliantly written. I recently started a new job in the blockchain industry. This book gave me the foundation I needed in an easy to read & digest format. This author, Eric Sammons is a genius!
One person found this helpful
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W. Stephen Briggs
5.0 out of 5 stars Good, well written, book!
Reviewed in the United States on June 12, 2016
Verified Purchase
Excellent introduction to cryptocurrency. Provided the Internet is available, it's an excellent means of exchange, but that is also it's downside, for if some State were to switch off access, bit coins are no longer fungible, tradable, and transactions are unavailable.

I strongly recommend that anyone interested in bit coins read this book.
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Luis Melendez A
3.0 out of 5 stars Three Stars
Reviewed in the United States on November 16, 2017
Verified Purchase
Usefull basic information for beginers
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Nick Pait
5.0 out of 5 stars To the point!
Reviewed in the United States on January 2, 2016
Verified Purchase
This tiny book pretty much answered and validated a lot of the concerns I had about the currency. If you know nothing about bitcoin, this book is definitely a great start. The Kindle version price is hard to beat.
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Pale Rider
5.0 out of 5 stars Good, basic explanation.
Reviewed in the United States on May 31, 2017
Verified Purchase
Nice basic explanation on this alternative currency. Heard about and wanted to know more.
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Amazon Customer
1.0 out of 5 stars Not very good for a paid resource
Reviewed in the United States on January 2, 2024
This info is all online and for free in much better formatting
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