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In BITCOIN: A Dummie's Guide to Virtual Currency, Author David Gray simply discusses the merits and risks of bitcoins, explains how to buy, sell and use bitcoins and how to create a bitcoin wallet. Bitcoin is a digital currency that can appear very complex. It's a person-to-person monetary system that was introduced a few years ago as an alternative to standard monetary systems. Since its inception it has been heralded as the alternative to fiat currency (government-declared legal tender), which has a long history of failure. Not surprisingly, many people want to understand more about bitcoins. Most of the information available is confusing and complicated, though using bitcoins is relatively easy. Once purchased or mined, bitcoins are easy to spend.
Number Of Pages: 32
Published: 7th January 2014
Edition Number: 1