From the Inside Flap
What is Bitcoin? - Bitcoin is digital money that is "money of the people" and not issued by any government.- Bitcoin is like "digital gold".- Bitcoin is the world's most advanced savings technology.- Bitcoin can be transferred between any two parties across the world directly (quickly and securely.) - without "middle-man banks".- Bitcoin can be owned by any person or entity and no one can stop anyone from owning Bitcoin.- Bitcoin is both money and a payment network, the "internet of money", that has no central authority for a single point of failure. Why is scarcity important for Bitcoin? - Scarcity can be man-made (rare art, old baseball cards, high-end purses), is crafted by human hands and are plagued by counterfeits.- Scarcity can be natural (gold, silver, salt, cattle), is collected by human hands and has less of a counterfeit problem.- Bitcoin achieves the highest level of scarcity in the digital realm through "rare numbers" in math that now allows for digital absolute scarcity - there will only be 21 million Bitcoin in existence - ever. How was it originally created? - Bitcoin was created in 2008 by an unknown person or group of people that went by the name Satoshi Nakamoto. - Satoshi released a technical written summary (whitepaper) to an internet mailing list of cryptography researchers, called "cypherpunks", that were privacy activists. -Satoshi left a clue of why Bitcoin was created in a line of text in the first bitcoin transaction ledger referencing a January 3, 2009 UK newspaper referencing bailouts for banks - the current financial system was broken and Bitcoin was a solution for money. If you want an introductory book to answer the question, "What is Bitcoin?," I suggest you look at a book titled, "The Little Bitcoin Book". If you want a more advanced book on the history of money, economic concepts and how Bitcoin fits into this space, I suggest you look at a book titled, "The Bitcoin Standard." "A Different Kind of Bitcoiner" is a book on Jesus and Bitcoin.
From the Back Cover
Jesus loves you!
About the Author
Jason is a finance professional with experience across the following disciplines: accounting, treasury, nonprofit, entrepreneurship, investment compliance, and analytics. He has performed the duties of International Accountant (publicly traded company), Global Treasurer (Compassion International), and a Chief Compliance Officer. For many years, he ran his own business consulting and providing professional seller tools for Etsy sellers and is the author of Etsy-preneurship. He is a CPA (certified professional account) and CTP (certified treasury professional). He was first introduced to bitcoin in late 2013, but finally embraced it in 2017. He started following Jesus when he was 18 years old. He started Hundredfold Impact, a Christian Bitcoin nonprofit in 2020. Jason likes to read, loves his family, enjoys learning history, studying numismatics and genealogy, encourages strong bitcoin security, and likes worship music.
