Bitcoin For The Befuddled

A beginners guide to Bitcoin that demystifies the most popular Internet currency with clear explanations and comics. Bitcoin is an international digital currency known for its independence from a central bank or government. Already used by people and companies around the world, many forecast that Bitcoin could radically transform the global economy. The value of a bitcoin has soared from less than a dollar in 2011 to well over $1000 in 2013, with many spikes and crashes along the way. The rise in value has brought Bitcoin into the public eye, but the cryptocurrency still confuses many people. Bitcoin for the Befuddled covers everything users need to know about Bitcoin–what it is, how it works, and how to acquire, store, and use bitcoins safely and securely. Readers will also learn about Bitcoins history, its complex cryptography, and its potential impact on trade and commerce. The book includes a humorous, full-colour comic explaining Bitcoin concepts, plus a glossary of terms for easy reference.