The Bitcoin Dilemma


The Bitcoin Dilemma
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The Bitcoin Dilemma


The Bitcoin Dilemma
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Author : Colin L. Read
language : en
Publisher: Springer Nature
Release Date : 2022-10-15

The Bitcoin Dilemma written by Colin L. Read and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-15 with Business & Economics categories.


There are few innovations that have the potential to revolutionize commerce and have evolved so quickly that there remain significant misunderstandings about their operation, opportunity, and challenges as has Bitcoin in the dozen years since its invention. The potential for banking, transacting, and public recording of important records is profound, but can be displacing if not done with appropriate care, and is downright dangerous if certain pitfalls are not noted and avoided. Among other things, this book proves the existence of a Bitcoin dilemma that challenges the conventional wisdom which mistakenly asserts the incredibly intensive energy consumption in Proof-of-Work cryptocurrency mining will be remedied by more efficient mining machines or sustainable power sources. It shows for the first time within a well-specified economic model of Bitcoin mining that the recent runup in electricity consumption has a simple and inevitable explanation. For a coin with almost completely inelastic supply and steadily increasing demand, the conditions for accelerating electricity demand is consistent with economic theory and may well characterize the future of Bitcoin. The book also demonstrates the counterintuitive result that improvements in mining efficiency, in terms of electricity consumption per terahash of processing power, or decreases in electricity costs as cheaper sustainable energy is diverted to this industry, merely exacerbates the acceleration of energy consumption because of a prisoner’s dilemma arms-race-to-the-bottom. The book proposes policy solutions to mitigate this Bitcoin dilemma but note that the mobility of industry capacity which needs but a ready supply of electricity and an Internet connection frustrates local regulation and warrants global solutions. The incredible opportunities of this industry will only be realized if our regulators, legislators, entrepreneurs, and general public garner a more complete and objective understanding of this and other Proof-of-Work mining techniques. The book provides this broader perspective based on the author’s research as an economist, his position as a director of a large regional bank, his understanding as a technologist and as an environmental and sustainability researcher, and his public policy experience as a mayor who has also written books and articles about public policy and public finance.



Crypto Or Chocolate The Sweet Dilemma Of Digital Riches


Crypto Or Chocolate The Sweet Dilemma Of Digital Riches
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Author : Shu Chen Hou
language : en
Publisher: KOKOSHUNGSAN®
Release Date :

Crypto Or Chocolate The Sweet Dilemma Of Digital Riches written by Shu Chen Hou and has been published by KOKOSHUNGSAN® this book supported file pdf, txt, epub, kindle and other format this book has been release on with Business & Economics categories.


Hold onto your taste buds and grab your digital wallets because "Crypto or Chocolate: The Sweet Dilemma of Digital Riches" is about to take you on a hilarious adventure you won't believe! Imagine a world where you can have your digital cake and eat it too. That's right, folks! We're diving headfirst into the epic battle between the mind-boggling allure of cryptocurrencies and the mouth-watering satisfaction of chocolate. It's a clash of the titans, and you get a front-row seat! Get ready to navigate the wild and wacky world of cryptocurrency investing. We'll show you the ropes, from wallets to exchanges, while keeping you laughing along the way. And hey, who knows? Maybe you'll strike it rich and be the proud owner of a Bitcoin-shaped hot tub. Just watch out for those market fluctuations - they're as unpredictable as a penguin on roller skates! But wait, there's more! We're not stopping at digital riches. We're diving into the sweet and delicious universe of chocolate. Brace yourself for a sensory overload as we explore the rich history, the mouthwatering varieties, and the sheer joy of sinking your teeth into a gooey, decadent chocolate creation. Your taste buds will thank you! Now, here's the dilemma: choosing between the siren call of potential digital riches and the comforting embrace of a chocolatey treat. It's like trying to decide between a unicorn ride and a lifetime supply of tacos. Impossible, right? But fear not, dear reader, because we've got you covered. We'll share the secrets of finding balance in a world where virtual fortunes collide with tangible pleasures. It's all about making informed choices, following your heart (and your taste buds), and not taking life too seriously. After all, who needs a Lambo when you can have a lifetime supply of chocolate-covered bacon? And here's the best part: you don't have to choose! You can have your crypto and eat your chocolate too. We'll show you how to incorporate both into your life with style, flair, and a healthy dose of laughter. Picture yourself trading Bitcoin while munching on a chocolate bar, feeling like the ultimate multitasking champ. It's a win-win situation! So, grab a spoonful of digital daringness, sprinkle it with a dash of cocoa-induced happiness, and get ready to embark on the funniest, most mouth-watering adventure of your life. "Crypto or Chocolate: The Sweet Dilemma of Digital Riches" is waiting to tickle your funny bone and satisfy your cravings in the most hilarious way possible. Don't miss out on the laughter, the knowledge, and the tasty treats. Get your hands on "Crypto or Chocolate: The Sweet Dilemma of Digital Riches" today and join us on a wild ride that will leave you chuckling, drooling, and craving for more!



The Bitcoin Book


The Bitcoin Book
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Author : Matthew Lopez
language : en
Publisher:
Release Date : 2019-05-04

The Bitcoin Book written by Matthew Lopez and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-04 with categories.


Bitcoin has taken the world by storm, but what exactly is Bitcoin and what's so unique about it?In the Bitcoin Book, Josh and Matt reveal the simple steps you can take to master bitcoin in the fastest time possible. Josh was an early adopter who first got started with Bitcoin in 2012 when the price was under $100. Almost immediately, he realized the potential of what Bitcoin could be and became deeply involved.Together, Josh and Matt have almost 10 years of combined experience with Bitcoin and other cryptocurrencies. From day-trading to investing in crypto startups, running nodes, mining, using dApps, building blockchain startups, coding smart contracts ... The list goes on and on. You name it, they've done it.In the book, they cover: What Bitcoin is and how it works Why Bitcoin is a revolutionary technology How Bitcoin beats the fiat currency that we use today How you can easily send and receive bitcoin How to safely store your bitcoin so it never gets lost or stolen What you NEED to know before you buy bitcoin And much more They explain bitcoin in a way that is easy for anyone to understand and relate to even if they have zero prior knowledge on the subject. By using analogies and examples, they turn something that is seemingly complex into something that is easy for anyone to grasp. Whether your an entrepreneur, a student, or just a person that likes learning new things, you will be able to to take this knowledge and immediately apply it to participate in the new digital economy. The Bitcoin Book is an essential read for anyone looking to gain a better understanding of this new technology. It packs everything you need to master bitcoin, quick and easy.



The Bitcoin Big Bang


The Bitcoin Big Bang
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Author : Brian Kelly
language : en
Publisher: John Wiley & Sons
Release Date : 2014-11-17

The Bitcoin Big Bang written by Brian Kelly and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-17 with Business & Economics categories.


Get a handle on the digital currency revolution, and learn how to get on board The Bitcoin Big Bang is a guide to navigating the uncharted territory of digital currency. Written by CNBC contributor Brian Kelly, this book goes beyond Bitcoin 101 to explain how this transformative technology is about to change the world. Digital currency is thrown into perspective against the history of payment systems and its own evolution, as readers are invited to explore the ways in which this technology is already changing the way business gets done. Readers gain insight into the mechanisms behind Bitcoin, and an expert perspective on digital currency's effect on the future of money and the economic implications of the Bitcoin revolution. In the same way that e-mail changed the way we transfer information, the decentralized Bitcoin network is about to revolutionize the business world, the legal profession, and even the role of the government. The Bitcoin Big Bang dives head first into this paradigm shift, allowing readers to: Explore the origins of digital currency Learn the history and evolution of payment systems Discover how the Bitcoin network is facilitating free and instant transfer of value Understand the mining of Bitcoin, and how to invest The digital currency revolution has implications that spread far beyond the finance industry. Anyone who exchanges payment for goods and services is on the cusp of the next big push in societal evolution, and only an understanding of the technology and a clear knowledge of the systems and behaviors at play can fully prepare us for the changes to come. The Bitcoin Big Bang is the go-to guide, helping those who use money use it better.



The Bitcoin Standard


The Bitcoin Standard
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Author : Saifedean Ammous
language : en
Publisher: John Wiley & Sons
Release Date : 2018-03-23

The Bitcoin Standard written by Saifedean Ammous and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-23 with Business & Economics categories.


A comprehensive and authoritative exploration of Bitcoin and its place in monetary history When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few people paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. While Bitcoin is an invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Author Saifedean Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse. With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin’s real competitive edge might just be as a store of value and network for the final settlement of large payments―a digital form of gold with a built-in settlement infrastructure. Ammous’ firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders. The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knockoffs, and the many supposed applications of Bitcoin’s ‘block chain technology’? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet’s decentralized, apolitical, free-market alternative to national central banks.



The Bitcoin Saga


The Bitcoin Saga
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Author : Rachna Singh
language : en
Publisher: Bloomsbury Publishing
Release Date : 2019-04-18

The Bitcoin Saga written by Rachna Singh and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-18 with Literary Criticism categories.


'The Bitcoin Saga: A Mixed Montage' is an exciting story about the birth and growth of bitcoin and the blockchain technology underpinning it. The book takes the untutored reader on a thrilling rollercoaster ride through the complexities and myriad facets of cryptocurrencies. The sub-prime crisis of 2008 and the Cypherpunk movement sets the stage for the advent of the mysterious Satoshi Nakamoto and the release of the first cache of bitcoins. The narrative takes on a Houdini like magical quality as it unravels the skeins of the Dark Web and the secret of the Silk Road. The story of the Mt Gox heist and Nostradamus like prophecies of bitcoin doom add a generous dollop of intrigue to the crypto story. The cryptocurrency regulatory-tax tales of countries like USA, Canada, Japan, Australia, China, India etc give the narrative an intellectual slant. The bitcoin saga ends on an introspective note. The blockchain technology has enormous power to change the world. Whether it will be a benevolent Titan or a Frankenstein monster, only time can tell.



Blockchain Revolution


Blockchain Revolution
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Author : Don Tapscott
language : en
Publisher: Penguin UK
Release Date : 2016-05-10

Blockchain Revolution written by Don Tapscott and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-10 with Business & Economics categories.


'This book has had an enormous impact' Satya Nadella, CEO, Microsoft 'Spectacular. Mind-blowing in its expansiveness and profundity' Steve Wozniak, co-founder of Apple 'Iconic' Clay Christensen, author of The Innovator's Dilemma Cryptocurrencies are changing the world. They grant everyday people the power to invest, disrupt the world order and contribute towards a better future. Blockchain is the ingeniously simple technology that powers cryptos. It is a public ledger to which everyone has access, but which no single person or institution controls. It allows for companies and individuals to collaborate with an unprecedented degree of trust and transparency. It is cryptographically secure, but fundamentally open. And it is everywhere. In Blockchain Revolution, Don and Alex Tapscott reveal: · how this game-changing technology is re-shaping the global economy · how it is improving everything from healthcare records to online voting · how people everywhere are using it to side-step institutional barriers and take control of their future Brilliantly researched and highly accessible, this is the essential text on this major paradigm shift. Read it, or be left behind.



Bitcoin For Beginners


Bitcoin For Beginners
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Author : Nick Woods
language : en
Publisher: Publishing Forte
Release Date : 2021-02-10

Bitcoin For Beginners written by Nick Woods and has been published by Publishing Forte this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-10 with Business & Economics categories.


Are you looking to learn how you can cash in on the Bitcoin revolution? Have you been hearing about Bitcoin lately in the news and can't seem to wrap your head around what Bitcoin is? Do you wonder how you can start investing in Bitcoin but don't really know what it is and have hesitations around investing in something you don't understand? Do you wish you were able to understand Bitcoin but are afraid that it is too complex and complicated? Have you been searching for a resource to help you understand Bitcoin so you can start investing in cryptocurrencies without fear? If this sounds like you, then keep reading! Bitcoin is a fascinating new-age decenteralized currency that is only available online and allows the user to be somewhat anonymous. It is a digital currency that can be used by anyone linked to the Internet and is independent of any region. You keep Bitcoin in a "electronic wallet", much like how you put your money in your wallet or a bank. This is all operated electronically and there is no fiat (paper) money involved. Understanding Bitcoin will help you achieve all of your goals with investing in the cryptocurrency, no matter how big or small they are. Regardless of who you are and what you want to accomplish, the basis of Bitcoin is the same for everyone. This book will help you understand everything you need to know about Bitcoin, blockchain and cryptocurrencies including the benefits and challenges of the new technology, and I will provide you with a step by step guide for achieving a higher level of understanding so you can feel comfortable getting involved with Bitcoin and other cryptocurrencies. Never before has there been a book so gentle in its approach and so effective at understanding Bitcoin from a beginners level. Within these pages, you will discover: -What is Bitcoin In Depth -Why Bitcoin is Important -Comparision of Bitcoin to Fiat currencies -Bitcoin Features -Bitcoin Background / History / Main Highlights -Everything You Need to Know About Blockchain -Blockchain History -Blockchain Application -How Blockchain Works -Bitcoin Versus Blockchain -Bitcoin Mining: How It Works and Facts -How to Mine Bitcoin -Is Bitcoin Mining Profitable -How to Store Bitcoin -Wallet Concept & Cryptocurrency Custody Solutions -How to Invest in Bitcoin -Bitcoin vs Other Assets -Understanding Bitcoin Exchanges AND MUCH MORE! No matter how young or old, how inexperienced or experienced, or what education level you have, this book will be able to help you strengthen your understanding of Bitcoin so you can utilize it in your daily life to achieve the things you want to achieve. The things you want to achieve don't have to be huge goals like building a multi-million dollar investment portfolio (although this book can certainly help), but you can use it to start understanding what all the talk and excitement is about with this new technology. If you're ready to start understanding about Bitcoin, blockchain and cryptocurrency and learn how you can get involved in this groundbreaking opportunity - then look no further. Don't waste another minute, scroll up and hit "BUY NOW" to get started today!



Once A Bitcoin Miner


Once A Bitcoin Miner
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Author : Ethan Lou
language : en
Publisher: ECW Press
Release Date : 2021-10-19

Once A Bitcoin Miner written by Ethan Lou and has been published by ECW Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-19 with Business & Economics categories.


A map to the new frontier, and a rollicking ride across it Ethan Lou goes on an epic quest through the proverbial cryptocurrency Wild West, through riches, absurdity, wonder, and woe. From investing in Bitcoin in university to his time writing for Reuters, and then mining the digital asset ― Lou meets a co-founder of Ethereum and Gerald Cotten of QuadrigaCX (before he was reported dead), and hangs out in North Korea with Virgil Griffith, the man later arrested for allegedly teaching blockchain to the totalitarian state. Coming of age in the 2008 financial crisis, Lou’s generation has a natural affinity with this rebel internet money, this so-called millennial gold, created in the wake of that economic storm. At once an immersive narrative of adventure and fortune, Once a Bitcoin Miner is also a work of journalistic rigor. Lou examines this domain through the lens of the human condition, delving deep into the lives of the fast-talkers, the exiles, the ambitious, and the daring, forging their paths in a new world, harsh and unpredictable.



The Bitcoin Dystopia


The Bitcoin Dystopia
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Author : Dunstan Teo, Alvin Chiang
language : en
Publisher: Notion Press
Release Date : 2019-05-30

The Bitcoin Dystopia written by Dunstan Teo, Alvin Chiang and has been published by Notion Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-30 with Business & Economics categories.


Bitcoin, the brainchild of Satoshi Nakamoto, is as unfathomable as its elusive creator. Is it an instrument of exchange, like currency notes, or is it an investment tool? While many of us could still be grappling with the concept of cryptocurrency, fortunes have already been built and lost; lives have been impacted and, in some cases, ruined in this whole new uncharted universe of digital money. Piecing together published information from various sources, The Bitcoin Dystopia: The Prelude offers a bird’s eye view of the current state of affairs with regard to cryptocurrency and the larger world in which it is situated. At the same time, the book makes a bold prediction about the future of the world through a provocative storytelling approach that is atypical of non-fiction. Bitcoin is unorthodox and any attempt to grasp its impact should be anything but conventional.