"Trace Mayer is one of the most prominent Bitcoin experts and has produced a timely and much needed introduction to this groundbreaking technology. The Bitcoin Beginner's Guide makes the complex system clear and simple to understand." - Erik Voorhees
"Having been around Bitcoin for years and seen many businesses come and go, I think a guide like this is extremely helpful for new users to quickly find out how to use Bitcoin and the safe and reputable services." - Roger Ver, CEO of Memory Dealers
What is Bitcoin? Why are they worth money? Where do you get them? How can you use them, safely?
Bitcoin is a complicated subject. If you are investigating Bitcoin and trying to learn about it then this guide is for you.
In this guide you will learn how to greatly shorten your learning curve when using Bitcoin and reputable Bitcoin services to safely transact and hopefully avoid many of the problems early adopters of this new technology encountered.
TABLE OF CONTENTS
• About the Author
• Summary of Recommended Services
Learn who the trusted Bitcoin service providers are from web hosting or VPNs (never trust a VPN that does not accept bitcoins!) to exchanges and wallets.
• Five Steps to make a Bitcoin transaction in under 30 minutes
An illustrated step-by-step procedure to making your first Bitcoin transaction.
• How To Safely and Securely Store Bitcoins
Learn about the different ways to secure bitcoins with the advantages and disadvantages of each.
• Offline Storage - Penultimate Security
• How To Safely Acquire Bitcoins
Learn what services there are and the trade-offs between each in terms of (1) time/convenience, (2) fees and (3) privacy.
• How to Sell and Spend Bitcoins
From roasted almonds to honey or web hosting or VPNs (never trust a VPN that does not accept bitcoins!) you can buy all types of goods and services with bitcoins.
Learn about a store with thousands of products and prices often cheaper than Amazon.
• How to Speculate or Invest in Bitcoin and Bitcoin Businesses
Learn how to invest in the Bitcoin stock, futures and options markets.
Learn how to replace affiliate programs and advertising networks, like Google's Adsense, with those that use bitcoin for both spending and earnings.
Learn how to sell digital products for direct download for bitcoins.
• Bitcoin Related Videos
Get links to some of the best explanatory Bitcoin videos.
Basic Bitcoin Questions Answered
Bitcoin is a large and complicated subject with plenty of information available. This guide distills the most important information for the new Bitcoin user to safely and securely buy and use bitcoins as fast as possible. The illustrated step-by-step procedure will give you confidence to experiment with this new technology. After completing the guide you will be much better prepared to use the Bitcoin market safely and securely.
Year Published: 2012