This is the second time I am reading this book. The first time I read this book was due to its eye-catching title Digital Gold & second time I read this book is to learn more about the history of the latest entrant to valuable asset Bitcoin. Here is my review of the book Digital Gold.
Digital Gold is about the history of Bitcoin, but it only talks about the timelines of events involved from its inception to the time this book was written. The author covers all the major events during this time which includes some of the dark pages in bitcoin history like Silk Road & Mt Gox operations shut down. The writing of the author is superb & it will keep you engulfed in the book.
The book covers all the major entities who tried their best to make this mainstream. From the early adopters to the twins the book has captured them all. Most of the believer of this technology believe it will reshape our future & also the way we function.
This book released in 2015 when the price of one bitcoin was approx 300$, don’t get tempted to check the price now. As it will blow your roof off in a serious note. This is still one of the best investment opportunities to look up to. Some people feel it is next digital asset & many others feel it is just a bubble. But, in either way this experiment is surely turning few heads around. Bitcoin is still in the early phases of its development & if this is successful things will disrupt very quickly. Some people feel it is next digital asset & many others feel it is just a bubble. But, in either way this experiment is surely turning few heads around. Bitcoin is still in the early phases of its development & if this is successful things will disrupt very quickly.
For those who don’t know what the bitcoin is; Bitcoin is a digital currency peer to peer without any centralized authority governing the transaction. The transactions are camouflaged through cryptography, thus the currency is also known as cryptocurrency. Further, all the transactions are noted & confirmed in a block which can be viewed by anyone in the network, which is kind of an open ledger. The one point that needs to be noted is that only public keys are mentioned in the transactions which mean no name or any other references directly to the person. These are randomly generated ids.
There are different books which will teach you how this actually works & why it is so important. One of the other books I will recommend is the Blockchain Revolution which is a detailed explanation of how this technology works & how this will shape our future.
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