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, by Omid Malekan
Get Free Ebook , by Omid Malekan
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Product details
File Size: 3345 KB
Print Length: 160 pages
Publisher: Triple Smoke Stack (April 20, 2018)
Publication Date: April 20, 2018
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B07CKJ1KSY
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Amazon Best Sellers Rank:
#65,090 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
There is some good stuff in this book, but I had hoped for more. Instead of a beginner's guide to technology, it would up being little more than a story designed to hype crypto-currencies in general, and Bitcoin in particular. I should have expected this, as the author declares himself to be an invester in Bitcoin, so of course he promotes the technology. My big problem is that the book gives short shrift to blockchain (which has enormous potential), and instead promotes an implementation -- crypto-currency -- without spending any time describing the inherent problems. There are huge problems with crypto-currencies that go ignored by their cheerleaders. The technology is often created by young people with little experience in programming, no business background, and no understanding of bookeeping, accounting, and monetary policy. As an example, all the crypto-currencies I've looked into are inherently deflationary, which means you'd be better off saving it than spending it. As an example, the first bitcoin transaction was 10,000 BTC used to buy two pizzas. In 2017 that same amount would have been worth $150 million.
I picked this up on a recommendation for a starting point to understand Bitcoin, Ethereum, and crypto. I wasn't disappointed, and you won't be either if that's what you're looking for.As William Gibson said "The future is already here -- it's just not very evenly distributed." Maybe you've heard that blockchain and crypto are the future but haven't taken the plunge to learn about them yet. If so, I strongly recommend you pick up this book as your guide. The author has done a great job more evenly distributing the future in an entertaining and accessible way.
This book gives a broad overview of crypto-currencies, giving me enough to understand what's going on in the crypto world, and arming me with info to dig deeper if I want to know more.The first 2/3 of the book explaines why Bitcoin exists and how it works, what alt-coins like Ethereum add to the mix, how they've evolved to deal with the increase in popularity as well as hacking and theft, and how they're affecting things today.The last third of the book includes a tutorial on making your own Ethereum transactions and converting them to Bitcoin Cash, some advice and past examples for investing, and important points to maintain security and avoid mistakes.The book talks a lot about the potentials and benefits of blockchain technology, but not much about the cons, so there's some obvious bias in the viewpoint. But it did give me insight into how things may turn out with blockchain more prevalent in the future.
So I got in on investing before I really understood what crypto currencies and blockchain really are. I was swept up in the fervor and excitement.Reading this book really shined a light on the difficult to understand reasons why this tech is so important and influential. I particularly liked his use of the advent of digital music to help get across the idea of something that is digital but is irreplaceable.I think if you’re at all curious and even if you think you know a lot about the tech, this book will help refine your understanding.
Malekan's book will reawaken your senses about the brilliance happening in the world right now and it will keep you digging long after as you find yourself in a completely wonderful new world that is unchartered. This book will help you navigate these very new waters that are going to become as relevant as the internet itself.While I would say that you should read this book if you want to learn about one of the biggest disruptions to business to come and the peer-to-peer movement that is liberating humanity, that would be putting it too mildly.You actually HAVE to read this book if you want to seriously not just learn about the next major technology disrupter, but also help you think in ways to protect your portfolio, learn why the price of the coin, while relevant, should hardly be the main focus for the better world they'll create, and make you understand the genie is out of the bottle with the coins and the blockchain, and it can't be put back in, ever, as adoption ultimately goes mainstream.I'm also mad at the writer for waking me up to this revolution. Because I haven't slept for two weeks as he's made me take the deep dive. It'll do it for you too, and you'll never be quite the same again. But in 10 years, you're going to have some king-hell bragging rights for being an early to groundbreaking beginning that Omid Malekan will enlighten you on with his wizardly for making the complex easy to grasp.A must read !
This is a great primer on the history, present and future potential of what block chain has to offer. It’s rare to read a straightforward and informative account in the crypto space but Omid has created a useful guide to help people grasp all the basic concepts. I had been uninvolved in anything blockchain related beforehand but used the guide at the end to get some hands on experience with a crypto wallet which I can tinker with. Money well spent on this book.
Omid Malekan has a way of explaining concepts in an easily understood and pleasantly digestible manner. This book is organized in a logical manner with interesting considerations at the end of each chapter to make you think. The the accompanying illustrations help the reader better understand the concepts.I hope this author will continue to make intimidating subject matters easily digestible. Thank you!
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