Bitcoin: The Future Of Money? Kindle Edition 99p @ Amazon - HotUKDeals
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If you want an introduction to Bitcoin, the "blockchain", and cryptocurrencies, you can't go far wrong with a 99p e-book from a British financial journalist!

Bitcoin may not be the definitive cryptocurrency, but take my word for it, blockchain technology is extremely disruptive technology that will impact finance, insurance, law, and many other industries.

From Amazon:

In this gripping book, Dominic Frisby sets out to solve the mystery surrounding the identity of Bitcoin’s secretive creator, Satoshi Nakamoto. He shows how Bitcoin will change the world. And, perhaps most importantly of all, he does something nobody else has hitherto been able to do: he explains in layman’s language exactly how it works.

'The book's outstanding, but the story it tells is even better. -- Matt Ridley, The Times

'In this highly readable yet technically accomplished book, Dominic Frisby makes crypto currencies crystal clear. Read it, or fail to understand possibly the most important financial innovation of our time.' -- Liam Halligan, Sunday Telegraph

'Despite having an MSc in Computer Science and spending over ten years studying monetary theory, I ignored Bitcoin as hype for too long. You shouldn't. Read Dominic's thrilling book and discover the next big thing. -- Steve Baker, MP

'Read it and glimpse into the future.' -- Sir Richard Branson
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1 Like #1
Ordered. Thanks for posting! :)
#2
Bitcoin, the world's first peer-to-peer digital currency, fell below $3 on Monday. That represents a 90 percent fall since the currency hit its peak in early June.

The currency's value hasn't proven stable in practice. Several waves of media coverage between April and June pushed the currency's value up from less than $1 to more than $30. Soon after it reached a peak, the currency had a series of PR disasters. One Bitcoin user claimed that a half-million dollars worth of Bitcoins were stolen from his PC; he may have fallen victim to Bitcoin-stealing malware. A few days later, the most popular Bitcoin exchange was hacked, forcing a multiday suspension of trading and generating another wave of bad press.

Trading resumed in late June at around $17, and the currency's value has been steadily declining ever since. In August, one of the most popular Bitcoin "banks" claimed it had been hacked, and had lost hundreds of thousands of dollars worth of Bitcoins, triggering a fall in value to under $7. Bitcoin fell below $5 in September, and it is now worth less than $3.
http://arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/


NEW YORK (InsideBitcoins) — Bitcoin advocate, early adopter and founding board member of the Bitcoin Foundation, Charlie Shrem was sentenced today as the result of a plea deal struck in September. The former bitcoin entrepreneur was sentenced to two years in prison plus three years of supervised release by U.S. District Judge Jed S. Rakoff.

Charles ShremShrem, 25 of Manhattan, was arrested in January — along with associate Robert Faiella – accused of selling over $1 million in bitcoins in a money laundering scheme involving users of “Silk Road,” the Dark Web black market that was ultimately shut down.
http://insidebitcoins.com/news/charles-shrem-sentenced-former-bitcoin-entrepreneur-gets-two-years-in-prison/27768
#3
Comment
pasheast
Bitcoin, the world's first peer-to-peer digital currency, fell below $3 on Monday. That represents a 90 percent fall since the currency hit its peak in early June.

The currency's value hasn't proven stable in practice. Several waves of media coverage between April and June pushed the currency's value up from less than $1 to more than $30. Soon after it reached a peak, the currency had a series of PR disasters. One Bitcoin user claimed that a half-million dollars worth of Bitcoins were stolen from his PC; he may have fallen victim to Bitcoin-stealing malware. A few days later, the most popular Bitcoin exchange was hacked, forcing a multiday suspension of trading and generating another wave of bad press.

Trading resumed in late June at around $17, and the currency's value has been steadily declining ever since. In August, one of the most popular Bitcoin "banks" claimed it had been hacked, and had lost hundreds of thousands of dollars worth of Bitcoins, triggering a fall in value to under $7. Bitcoin fell below $5 in September, and it is now worth less than $3.
http://arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/


NEW YORK (InsideBitcoins) — Bitcoin advocate, early adopter and founding board member of the Bitcoin Foundation, Charlie Shrem was sentenced today as the result of a plea deal struck in September. The former bitcoin entrepreneur was sentenced to two years in prison plus three years of supervised release by U.S. District Judge Jed S. Rakoff.

Charles ShremShrem, 25 of Manhattan, was arrested in January — along with associate Robert Faiella – accused of selling over $1 million in bitcoins in a money laundering scheme involving users of “Silk Road,” the Dark Web black market that was ultimately shut down.
http://insidebitcoins.com/news/charles-shrem-sentenced-former-bitcoin-entrepreneur-gets-two-years-in-prison/27768


Except 1BTC is currently about $313. Why would you post this quote?
#4
From 2011

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