Decoding Digital: What is Cryptocurrency

gepubliceerd op by Cointele | gepubliceerd op

According to author Cahill Camden, "Decoding Digital: What is Cryptocurrency" was inspired by a conversation with his parents at the height of the crypto bubble in early 2018, which was along the lines of "Ok, we don't have that much money, but we've heard about Bitcoin. Is cryptocurrency something we should invest in?".

And not finding, a book which would explain the things that they needed to know in order to make an informed decision, Camden decided to write one.

It can be used as much as a dip-in reference manual as a book, although the chapters are structured with a logical arc, so reading the book cover-to-cover is also a good option.

As the book is primarily aimed at cryptocurrency novices, the first chapter-real gives us the obligatory introduction to fiat money, crypto and blockchain.

The format of this book is a real winner in my view.

At the time it was conceived then this was probably a very wise thing for those interested in investing in cryptocurrency for the first time, although in the current climate there are a great many altcoins which are also worthy of a first timer's attention.

To be fair, the book doesn't discount these, but it does, again very wisely, suggest that one needs to do one's own research.

The only issue that I really had while reading this book was the section on smart contracts.

In conclusion, this book does fulfil its purpose of advising novice investors as to how to get started in the cryptocurrency space, although it could perhaps already benefit from a slight update.

One might argue that such is the nature of cryptocurrency.

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