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    Why Bitcoin, Ethereum and Cryptocurrencies?: A Son’s Explanation to His Father
    Why Bitcoin, Ethereum and Cryptocurrencies?: A Son’s Explanation to His Father
    Why Bitcoin, Ethereum and Cryptocurrencies?: A Son’s Explanation to His Father
    Ebook28 pages16 minutes

    Why Bitcoin, Ethereum and Cryptocurrencies?: A Son’s Explanation to His Father

    By Cornelius Gouws

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    About this ebook

    Take a short journey through the emerging world of Bitcoin and other cryptocurrencies like Ethereum in the form of a conversation between a fictional father and son. If you've heard of Bitcoin and cryptocurrencies somewhere and want to know more about it, including why some people see this as a game changer in money, then this book is a great starting point to dip your toes in this massive new ocean of cryptocurrencies.

    LanguageEnglish
    PublisherCornelius Gouws
    Release dateJun 22, 2017
    ISBN9781370331819
    Why Bitcoin, Ethereum and Cryptocurrencies?: A Son’s Explanation to His Father

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      Book preview

      Why Bitcoin, Ethereum and Cryptocurrencies? - Cornelius Gouws

      Why Bitcoin, Ethereum and Cryptocurrencies?

      (A Son’s Explanation to His Father)

      Cornelius Gouws

      Copyright © 2017. Cornelius Gouws.

      All rights reserved.

      No part of this book may be reproduced by any means, nor transmitted, nor translated into a machine language, without the written permission of the author.

      Introduction

      This e-book will in no way make you a master of cryptocurrencies. It dips your toes in the cryptocurrencies water and hopes to leave you wanting to dive in. I’ll explain some of the reasons I find cryptocurrencies alluring and give you an introduction to some of the concepts and reasoning behind them. The e-book aims to be understandable, rather than too technical. If you’ve heard something of cryptocurrencies and are looking for a starting point for more information, this might just be the book for you.

      What Is It?

      I’ve heard you talking about bitcoin a lot and you really seem to like it. What exactly is bitcoin?

      The short answer to this is: Nobody knows. The expanded answer is: Nobody knows, yet. But don’t despair! We’re starting to get some idea.

      When bitcoin, the first cryptocurrency, was described in a white paper¹ in November 2008, its creator referred to it as an electronic cash system, therefore some form of money or currency. The debate rages on, now even stronger than ever, over whether or not it really is money, some new form of asset class, or just people going crazy. These arguments are outside the scope

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