Bitcoin For Dummies

Learn the ins and outs of Bitcoin so you can get started today

Bitcoin For Dummies is the fast, easy way to start trading crypto currency, with clear explanations and expert advice for breaking into this exciting new market. Understanding the mechanisms and risk behind Bitcoin can be a challenge, but this book breaks it down into easy-to-understand language to give you a solid grasp of just where your money is going. You’ll learn the details of Bitcoin trading, how to set up your Bitcoin wallet, and everything you need to get started right away. An in-depth discussion on security shows you how to protect yourself against some of the riskier aspects of this open-source platform, helping you reduce your risks in the market and use Bitcoin safely and effectively.

Bitcoin uses peer-to-peer technology to operate with no central authority or banks, with transaction management and issuing of Bitcoins carried out collectively by the network. Bitcoin allows easy mobile payments, fast international payments, low- or no-fee transactions, multi-signature capabilities, and more, but the nuances of the market can be difficult to grasp. This informative guide lays it all out in plain English, so you can strengthen your understanding and get started now.

• Understand the ins and outs of the Bitcoin market
• Learn how to set up your Bitcoin wallet
• Protect yourself against fraud and theft
• Get started trading this exciting new currency

The Bitcoin market is huge, growing quickly, and packed with potential. There’s also some risk, so you need to go in fully informed and take steps to manage your risk wisely. Bitcoin For Dummies is the clear, quick, easy-to-follow guide to getting started with Bitcoin.

Table of Contents

Part I Bitcoin Basics
Chapter 1 Introducing Bitcoin
Chapter 2 Buying and Storing Bitcoins
Chapter 3 Bitcoin Pros and Cons
Chapter 4 Making Money with Bitcoin

Part II Banking with Bitcoin
Chapter 5 Your Bitcoin Wallet
Chapter 6 Bitcoin Transactions
Chapter 7 The Blockchain

Part III Using Bitcoin in Business
Chapter 8 Using Bitcoin in Commerce
Chapter 9 Staying on the Right Side of Legal
Chapter 10 Bitcoin Security
Chapter 11 Mining for Bitcoins

Part IV The Part of Tens
Chapter 12 Ten Great Ways to Use Bitcoin
Chapter 13 Ten (or So) Other Crypto-Currencies
Chapter 14 Ten Online Bitcoin Resources