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Reviewed by Renee Guill for Readers' Favorite
The Ultimate Beginners Guide to Cryptocurrencies: An Introduction to Cryptocurrencies and the Technologies that Powers Them by Fito Kahn is a guide to bitcoins and similar digital currency. Fito Kahn also gives you the terminology and explains how they are mined and stored. He talks about the best banks to use and why. Fito Kahn also gives a history lesson on where money came from. He talks about how other countries use them and store them and how it affects their economy.
I thought that The Ultimate Beginners Guide to Cryptocurrencies by Fito Kahn was fascinating. I liked how he gave the history of money and technology first before diving into the new age of currency. I liked how he explained how the bitcoins were made. I admit I had heard of them but never understood the concept until I read this book. He had a great list of the terminology and their meanings. I liked that Fito Kahn also gave his opinions and facts on where to store the bitcoin. I loved that he reminded you a lot to do your homework before buying or mining the digital coins and explained how there are scammers and showed the websites. He also gave the links to where he got all his facts, in case you want to double-check. I was fascinated with the way he explained how other countries used bitcoins and how it affected their economy. This is a pretty quick read and great for students taking economics classes. It’s also good for the older generation to consider this option as a new way to invest for retirement.