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"Bitcoin: A Beginner's Guide" by Benjamin Hart is an accessible introduction to understanding Bitcoin and how it works. The book explains Bitcoin's origin by the pseudonymous creator Satoshi Nakamoto, the mechanics of Bitcoin technology including blockchain and mining, and how Bitcoin differs from other cryptocurrencies through its decentralized nature and fixed supply capped at 21 million coins.
Hart discusses Bitcoin as a solution to the problem of fiat currency debasement and inflation caused by central banks. He covers practical subjects like obtaining, storing, and using Bitcoin securely, emphasizing its role as a hedge against political and economic instability, as well as a means of financial sovereignty.
The book also addresses common questions about Bitcoin's security, use in illicit activities, value drivers, and contrasts it with other crypto assets like Ethereum. Hart further explores Bitcoin’s ideological and economic framework, linking it to Austrian economics principles and its potential as an off-ramp from flawed fiat systems.
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