Catching Up to Crypto : Your Guide to Bitcoin and the New Digital Economy

**A fun and authoritative guide to bitcoin and the future of money** In __Catching Up to Crypto: Your Guide to Bitcoin and the New Digital Economy__, celebrated crypto and Bitcoin expert Ben Armstrong delivers an exciting and fresh new exploration of Bitcoin and digital currencies. He explains what Bitcoin is, how it works, and how and why we're all transitioning to a digital economy as we speak. He discusses the deficiencies of traditional fiat currency, how it's commonly manipulated, and how we can all benefit from the adoption of new, digital assets. In the book, you'll discover how Bitcoin operates in the real-world and how the underlying technology—known as the blockchain—operates. You'll also learn about: - The importance of decentralization, trust-less commerce and cryptographic consensus. - The humble origins of Bitcoin, as well as how it nearly died out, and how it went on to take over the world - How monetary and financial policy is being revolutionized by the introduction of Bitcoin and other crypto-assets. An essential and engaging review of Bitcoin, digital assets, and the new digital economy, __Catching Up to Crypto__ is the hands-on and comprehensive introduction to crypto that investors, enthusiasts, the crypto-curious, and finance professionals have been waiting for. "The economy is transitioning into digital currency as a means of transferring and processing transactions, but very little know about virtual currencies currently available. Bitcoin, a form of Cryptocurrency for virtual transfers and transactions, is becoming well known not only within businesses but also everyday users. Bitcoin encourages users to use as a transfer method of money in a safe and efficient way. Users have access to use Bitcoin without qualification, except that one uses a computer or device for processing. No central banks, authority, of governments have involvement in monitoring Bitcoin exchanges, as no third party is involved with Bitcoin increasing independence for its users. With no regulating of ones Bitcoins, users have the advantage of freely processing payments using Bitcoin, even from Country to Country as long as it is accepted as a form of payment or exchange in that Country."-- Provided by publisher