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Understanding Bitcoins and finding answers to Japan's economic woes

China Daily | Updated: 2015-01-12 07:40

Bitcoin gained notoriety among the public when it was linked to global black market trading rings, but the technology behind Bitcoin makes it far more interesting than your average alternative currency. The book approaches Bitcoin from a more complex perspective than has previously been attempted. Brian Kelly, a currency investment specialist with over 20 years of experience, conducted extensive research into the Bitcoin revolution and discovered a potential for widespread social transformation.

An understanding of how Bitcoin is changing the future of finance, and even the nature of the Internet itself, is mandatory for anyone looking to invest in or prepare for new trading platforms.

Uniquely, the book emphasizes the technological underpinning of Bitcoin - the "blockchain". Whether Bitcoin is or isn't a legitimate currency is, according to Brian Kelly, next to irrelevant. With its ability to record every Bitcoin transaction and securely transfer value over insecure networks, the blockchain is a game changer. A world without identity theft, an Internet without passwords, a decentralized financial system, self-securing investments - all these previously unthinkable advances are possible using a technology that was given away for free by an enigmatic developer.

Understanding Bitcoins and finding answers to Japan's economic woes

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