Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    From $11.99/month after trial. Cancel anytime.

    Exploring the World of Bitcoin
    Exploring the World of Bitcoin
    Exploring the World of Bitcoin
    Ebook113 pages1 hour

    Exploring the World of Bitcoin

    By Balabhadra Bagarti

    ()

    Read preview

    About this ebook

    "Exploring the World of Bitcoin" is an insightful book that takes readers on a journey to discover the vast and dynamic world of Bitcoin. This comprehensive guide introduces the fundamentals of Bitcoin and blockchain technology, shedding light on its history, development, and potential future impact. From understanding the mechanics of Bitcoin transactions and mining to exploring the various applications of this digital currency, this book equips readers with the knowledge needed to navigate the complex world of cryptocurrency. Whether you are a beginners or a seasoned investor, this book serves as a valuable resource for gaining a deeper understanding of Bitcoin and its role in the financial landscape.

    LanguageEnglish
    PublisherBalabhadra Bagarti
    Release dateJun 20, 2023
    ISBN9798223508106
    Exploring the World of Bitcoin

    Read more from Balabhadra Bagarti

    Related to Exploring the World of Bitcoin

    Related ebooks

    Finance & Money Management For You

    View More
    View More

    Related podcast episodes

    Related articles

    • UNLIMITED

      Bitcoin Boom

      Jan 11, 2025

      Bitcoin Boom
      6 min read

    • UNLIMITED

      The Maya of Bitcoin

      Mar 19, 2018

      The Maya of Bitcoin
      11 min read

    • UNLIMITED

      The Crypto Compendium

      Jun 3, 2022

      The Crypto Compendium
      16 min read

    • UNLIMITED

      How Bitcoin Mining Works

      Nov 25, 2021

      How Bitcoin Mining Works
      4 min read

    • UNLIMITED

      Crypto Has Arrived

      Jun 27, 2024

      Crypto Has Arrived
      7 min read

    • UNLIMITED

      A Primer For Crypto Currency

      Nov 20, 2021

      WHAT IS CRYPTOCURRENCY? It is a digital token with which you can buy goods and services or trade for profit, using a shared online ledger with strong cryptography to secure online transactions CAN ONE BUY GOODS WITH IT? Crypto is recognised as legal

      2 min read

    • UNLIMITED

      Bitcoin at 10

      Jun 21, 2019

      Bitcoin at 10
      5 min read

    • UNLIMITED

      Flying Blind With Bitcoin: Should You Invest, too?

      Jan 23, 2018

      I can't tell you the number of phone calls I've fielded about bitcoin in recent months. The shocking rise of cryptocurrencies this past year triggered a wave of media attention on this new form of money as an investment. Even my kids have asked me ab

      5 min read

    • UNLIMITED

      How Do Cryptocurrencies Work?

      Jun 17, 2022

      How Do Cryptocurrencies Work?
      5 min read

    • UNLIMITED

      Why Today's Bitcoin Bubble Recalls Tulip Mania and the Dot.Com Craze

      Dec 1, 2017

      The digital currency draws throngs in South Korea and Japan, and US regulators have OK'd bitcoin futures. But the bubble could end badly for investors, with uncertain ripple effects.

      4 min read

    • UNLIMITED

      Bitcoin: Revolutionary Breakthrough, Or Mother Of All Bubbles

      Mar 2, 2021

      From 21st century carmaker Tesla to 170-year-old life insurer MassMutual. From banks to the auction house Christie's. They have all opened their doors to cryptocurrency, bringing it to the mainstream.

      4 min read

    • UNLIMITED

      The crypto Mania

      Nov 20, 2021

      The crypto Mania
      11 min read

    • UNLIMITED

      Cache Converters

      Aug 13, 2021

      Bitcoin was the first cryptocurrency, created in 2009, and remains the most widely known and valuable. It’s a digital or virtual asset, operating outside of the traditional banking system, and its influence has soared, with many companies now accepti

      1 min read

    • UNLIMITED

      Bitcoin Halving: What Does It Mean for Investors?

      May 15, 2020

      In case you missed it, Bitcoin just underwent a "halving," the third in the cryptocurrency's history, on March 11. If you're a little unsure about what exactly a Bitcoin halving means, don't feel bad. Cryptocurrencies have their own unique vocabulary

      2 min read

    • UNLIMITED

      Is Bitcoin Too Big to Fail?

      Mar 26, 2021

      Is Bitcoin Too Big to Fail?
      15 min read

    • UNLIMITED

      Flush-outs Among Cryptos Are Healthy

      Jun 11, 2021

      people tend to take victory laps prematurely – both bulls and bears. From its most recent peak at $65 000 in April, Bitcoin’s precipitous fall to around $37 000, at the time of writing, represents a crumbling in the recent edifice of invulnerability

      3 min read

    • UNLIMITED

      What is Bitcoin?

      May 3, 2021

      What is Bitcoin?
      1 min read

    • UNLIMITED

      Why Trading In Bitcoin Or Other Cryptocurrencies Is Playing With Fire

      Jun 8, 2018

      The two biggest players for digital advertising may have finally halted the blockchain hype. In March 2018, Google updated its financial services advertising policy. With these changes, ads for "Cryptocurrencies and related content (including but no

      4 min read

    • UNLIMITED

      Bitcoin: Fad Or Fortune?

      Apr 8, 2018

      Since the term first appeared on a forum back in 2008, Bitcoin has become a largely popular – and puzzling – concept. Described as the first decentralised digital currency, it enables anyone in the world to transact with anyone else, without the need

      2 min read

    Related categories

    Reviews for Exploring the World of Bitcoin

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Exploring the World of Bitcoin - Balabhadra Bagarti

      Balabhadra Bagarti

      Preface

      Welcome to Exploring the World of Bitcoin: A Beginner's Handbook. As the author of this book, Balabhadra Bagarti, I am delighted to present this comprehensive guide to help you navigate the fascinating and ever-evolving landscape of Bitcoin.

      In today's digital age, it has become crucial to understand the impact and potential of cryptocurrencies, with Bitcoin being at the forefront. As a business analyst and writer, I have closely observed the rise of Bitcoin and witnessed its disruptive power in the financial world. Inspired by my own journey of exploring and understanding this digital currency, I felt compelled to share my knowledge and insights to assist beginners in embracing this revolutionary technology.

      Exploring the World of Bitcoin aims to break down complex concepts into easy-to-understand language, making it accessible to readers of all backgrounds. Whether you are a student, a professional, or an entrepreneur, this handbook offers a thorough introduction to Bitcoin and equips you with the tools necessary to engage confidently in the realm of cryptocurrencies.

      As a Bitcoin enthusiast, I have personally experienced the challenges and uncertainties that come with delving into this digital asset. Through this book, I want to provide you with a comprehensive understanding of Bitcoin's origins, the underlying blockchain technology, and its potential applications across various industries.

      I have carefully curated the content of this handbook to cover all aspects of Bitcoin, including the intricacies of setting up a wallet, the process of mining, the benefits, and risks associated with investing, and practical tips to protect yourself in this fast-paced digital landscape. It is my hope that this book will serve as a reliable companion on your journey to navigate the world of Bitcoin.

      I want to acknowledge that the content presented in this book is accurate as of its publication date, but like Bitcoin itself, this rapidly changing industry requires continuous learning and adaptation. Therefore, I encourage you to actively engage with the Bitcoin community, stay informed about the latest developments, and embrace the opportunities that arise from this exciting digital currency.

      I sincerely hope that Exploring the World of Bitcoin: A Beginner's Handbook proves to be an invaluable resource for you as you embark on your Bitcoin journey. May it empower you to embrace this transformative technology and unlock the countless possibilities that lie within.

      Best Regards,

      Balabhadra Bagarti

      Contents

      Introduction

      Chapter One  : Introduction to Bitcoin: Unraveling the Mystery

      Chapter Two  : A Brief History of Bitcoin: From Creation to Mainstream Adoption

      Chapter Three : Understanding the Blockchain: The Technology Behind Bitcoin

      Chapter Four  : The Art of Mining: How New Bitcoins Are Created

      Chapter Five  : Bitcoin Wallets: Safely Storing and Managing Your Digital Assets

      Chapter Six  : Acquiring Bitcoins: Buying, Selling, and Trading

      Chapter Seven  : Navigating the World of Bitcoin Exchanges: Choosing the Right Platform

      Chapter Eight  : Spending and Accepting Bitcoin: The Growing List of Use Cases

      Chapter Nine  : Investing in Bitcoin: Long-Term Strategies and Risk Management

      Chapter Ten  : The Future of Bitcoin: Predictions, Challenges, and Potential Impact on Global Economy

      Introduction

      In the ever-evolving world of digital currencies, Bitcoin has emerged as the frontrunner, captivating the attention of both tech enthusiasts and investors alike. This beginner's handbook aims to demystify the intricacies of Bitcoin, providing a comprehensive overview for those new to the concept.

      Delving into the origins of Bitcoin, this book takes readers on a journey back to 2008, when an anonymous individual or group using the pseudonym Satoshi Nakamoto, introduced this groundbreaking cryptocurrency to the world. By leveraging revolutionary technology known as blockchain, Bitcoin provided a decentralized digital currency system that disrupted traditional financial institutions and introduced a new way of conducting transactions.

      This handbook explores the fundamental components of Bitcoin, shedding light on key terms and concepts, such as mining, wallets, and addresses. Readers will gain a deeper understanding of how Bitcoin transactions function, including the role of cryptography in securing these transactions, and the significance of public and private keys.

      Furthermore, this book delves into the factors affecting the price volatility of Bitcoin, providing insights into the intricate network of supply and demand dynamics that influence its value. It also highlights notable events and milestones in Bitcoin's journey, including its exponential growth, regulatory challenges, and the emergence of altcoins.

      Beyond the economic and financial aspects, this handbook also explores the broader societal implications of Bitcoin. From its potential to empower individuals in unbanked regions to its role in fostering financial inclusion, Bitcoin has the potential to revolutionize conventional systems and redefine the global financial landscape.

      Lastly, this beginner's handbook equips readers with the knowledge to navigate the practical aspects of Bitcoin. By providing guidance on setting up a Bitcoin wallet, understanding security measures, and choosing reputable exchanges, readers will be empowered to safely engage with this digital currency.

      Whether you are a curious individual seeking to understand the basics of Bitcoin or an investor looking to expand your digital asset portfolio, Exploring the World of Bitcoin: A Beginner's Handbook offers a comprehensive guide to navigate the exciting realm of cryptocurrency. Embark on this journey and unlock the potential of Bitcoin in reshaping our world.

      Chapter One

      Introduction to Bitcoin: Unraveling the Mystery

      The Dawn of Digital Currency

      For centuries, humans have utilized various forms of currencies to facilitate trade, from bartering using goods, to minting precious metals as physical coins, and eventually employing fiat money for transactions. In the 21st century, with the rapid development of digital technology, a new form of currency was born. This digital currency has revolutionized the financial world and is widely known today as Bitcoin.

      Bitcoin, introduced in 2008 by an enigmatic figure known as Satoshi Nakamoto, breaks away from traditional financial systems and creates a new, decentralized monetary ecosystem. This groundbreaking digital currency paves the way for borderless transactions and financial sovereignty, allowing people to manage their own

      Enjoying the preview?
      Page 1 of 1
      pFad - Phonifier reborn

      Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

      Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


      Alternative Proxies:

      Alternative Proxy

      pFad Proxy

      pFad v3 Proxy

      pFad v4 Proxy