Bitcoin Investing Guide: The Ultimate Guide to Bitcoin for Beginners, Learn How Bitcoin Works and Discover the Proven Trading and Mining Techniques to Earn the Most Money
Bitcoin is a cryptocurrency which is another term that you need to be familiar with. The other important thing that we will explain is the technology behind Bitcoin and most other cryptocurrencies which is blockchain.
In basic terms, a cryptocurrency is a medium for exchange online. A cryptocurrency has a number of cryptographical functions which are there to support financial transactions. Most cryptocurrencies use the blockchain technology platform (more on this a little later) as it offers immutability, transparency, and decentralization.
Cryptocurrency accounts and transactions have no connection to real-world identities. You will receive a Bitcoin on an address which is a randomly seeming chain of about 30 characters. You can analyze the transaction flow but you can’t usually connect the transaction to a real person through the address.
In this audiobook, you will learn what is bitcoin and how it works. Learn how to earn money through proven bitcoin trading techniques. Every Bitcoin is just a computer file stored in what’s called a digital wallet. We will discuss digital wallets in more detail in a later chapter. If you have a digital wallet then other people can send you Bitcoins or fractions of them. You can also send Bitcoins or fractions to others using your digital wallet. If you want to learn more, download Bitcoin Investing Guide today!
