Why Cryptocurrencies?: What they are, what they do and why they matter

Why Cryptocurrencies?: What they are, what they do and why they matter

by Jonas Hietala
Why Cryptocurrencies?: What they are, what they do and why they matter

Why Cryptocurrencies?: What they are, what they do and why they matter

by Jonas Hietala


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Bitcoin is one of the most transformative technologies in history, but at the same time it's dismissed as useless or only seen as a speculative vehicle. Why Cryptocurrencies? will dispel that myth by exploring real use-cases and show how cryptocurrencies are uniquely positioned to revolutionize the way we use money today.

Can you afford to miss out?

What makes this book special?

  • Gives you the important conceptual ideas. It's all too easy to get bogged down with technical details; the high-level concepts are what's truly important.
  • Easy to read. The book is beginner-friendly and doesn't require any prior knowledge.
  • Focused on utility. The focus is on concrete use-cases, instead of the more seductive speculative approach.
  • It's bigger than Bitcoin. There are many more cryptocurrencies other than Bitcoin. The focus is on the general cryptocurrency concept and it's potential, instead of on a single implementation.
  • Visits a wide variety of topics. This isn't only about cryptocurrencies. It's also about money, censorship, our financial system, and the dark secrets that Chelsea Manning and Edward Snowden revealed.
  • The order doesn't matter. Chapters are self-contained, so you can jump around and read the sections you're interested in.

  • Product Details

    ISBN-13: 9789198676204
    Publisher: Jonas Hietala
    Publication date: 05/31/2021
    Pages: 282
    Product dimensions: 7.50(w) x 9.25(h) x 0.77(d)

    About the Author

    Jonas Hietala is a software developer and a cryptocurrency enthusiast. He has been following the Bitcoin and Blockchain space since 2014 and is developing a self-hosted cryptocurrency payment processor.

    Table of Contents


    About the book

    I. Why cryptocurrencies in five minutes

    II. What is a cryptocurrency?

    1. Properties of a cryptocurrency

    2. How do cryptocurrencies work?

    3. Look out for snake oil

    4. What is money?

    5. Are cryptocurrencies money?

    III. Better digital payments

    6. Cheaper & faster

    7. "Undesirable" businesses

    8. Freezing of merchant accounts

    9. Uncensorable donations

    10. For the unbanked

    IV. A better currency

    11. The financial crisis, bad loans and bailouts

    12. The blind leading the blind

    13. A defective system

    14. Private money

    15. A global currency

    V. Brave new world

    16. Darknet markets

    17. A Swiss bank account in your pocket

    18. The cashless dystopia

    19. Protection against government confiscation

    20. Separation of money and state

    VI. Extensions

    21. Timestamping service

    22. Uncensorable Twitter

    23. Provably fair gambling

    24. Tokens

    25. Improved voting

    VII. Appendix

    26. The Bitcoin white paper

    27. Challenges for cryptocurrencies

    28. A hitchhiker's guide to cryptography

    29. Cryptocurrencies are antifragile

    About me, the author


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