A brief introduction to Bitcoin: Educational, valuable and deep insights

Cosmin Novac

oct 2019 · Cosmin Novac on Amazon

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I first heard about Bitcoin in the summer of 2011, back when I was studying Business Information Technology in Stuttgart, Germany. Without knowing much about it, the concept of a decentralised money which safeguards itself instantly caught my attention. A year later, after trying out mining and buying my first burger with Bitcoin at a friend's nerdy-tech joint, I decided to dig deeper into the topic. I wrote my Master's thesis in 2013 on the money attributes of digital currencies and have been an active member of multiple Bitcoin communities ever since.

As the years passed and the digital currencies ecosystem slowly matured, a number of friends and acquaintances have asked me to use my knowledge and write a book. They had been amazed at discovering what a decentralised currency actually is and how it works, and even more amazed that not more people know about it. So in 2018 I finally decided to sit down, gather everything I knew and put it on paper. In the book, I talk about the real world reasons for something like Bitcoin to exist, the economical theories that made this spark of innovation real, the technological genius required to solve previously unsolved problems, and of course all the advantages of a decentralised world.

Embark on an educational, insightful and fun journey into the turbulent oceans of the financial world, its theories and its shortcomings. A must-read for beginners and experts alike, A brief introduction to Bitcoin presents the motivations and the inner workings of the world's first scarce digital asset: Bitcoin. The book will offer you a solid understanding of money, Bitcoin and all that's interesting and relevant surrounding it.

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Cosmin Novac is an early adopter of Bitcoin, a hodler and owner of facebook.com/IFreakingLoveBitcoin. He is a data scientist with vast experience in the banking, insurance and energy sectors. Cosmin graduated in 2013 with a Master's degree in IT Management at the FOM University of Applied Sciences for Economics and Management in Cologne, Germany.