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What's the Big Deal About Bitcoin?
- Narrated by: Steve Patterson
- Length: 1 hr and 54 mins
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What's the Big Deal About Bitcoin?
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Summary
Everyone is talking about Bitcoin, but most people have no idea what the fuss is about. If you keep hearing about Bitcoin but don't understand the hype, this audiobook was created for you. It features:
- A five-word definition of Bitcoin
- No technical jargon
- A step-by-step explanation for the complete novice
This is a "what is" book, not a "how to" book. Learn why the most popular objections to Bitcoin aren't very accurate, including:
- "Bitcoin is just a Ponzi scheme!"
- "It's used only by criminals!"
- "It's not a real currency!"
- "It has no intrinsic value!"
- "What about Mt. Gox?"
Enthusiasts often claim the technology is invincible and perfect; it isn't. To understand Bitcoin clearly, you have to know the real challenges facing the technology, including:
- The 51 percent attack
- Transaction limits and confirmation times
- The year 2140
- Governments and regulations
Bitcoin has been called "the future of online payments". Learn why big-name companies have started accepting the currency, including Microsoft, Dell, Newegg, TigerDirect, Overstock.com, Dish Network, and Expedia. By the end of this audiobook, you will have a clear answer to the question "what's the big deal about Bitcoin?"