Understanding Blockchain and Cryptocurrencies
Cryptocurrency, and the blockchain technology that makes it possible, is a societal revolution nothing short of Henry Ford's automobile, the printing press, or the Internet itself. In slightly more than a decade, cryptocurrency has rewritten a lot of the ways that both business and finance happen, and are seen as a tremendous element of change to some, and as a threat to others.
Like other forms of digital technology, there can be a barrier to understanding the science, the process, and the benefits of cryptocurrency because it has no physical representation. Everyone has heard about Bitcoin, but no one has ever held one in their hands, nor will they. When used correctly, blockchain technology is more secure than the vault at Fort Knox, but there is no way to go on a tour of it.
The purpose of this text is to give you a brief history of both technologies, where they began, how they have evolved, what they are being used for today and where they are headed in the future. Whether you are cryptocurrency's biggest fan or biggest skeptic, it is our hope that you come out of this book with more knowledge, more history, and the ability to make your own decision on what role cryptocurrency and blockchain will play in your future.
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