While the 2008 banking crisis played out and dominated news headlines, the unassuming group who became known as the cypherpunks were talking, planning, and exchanging ideas; Satoshi Nakamoto was coding, refining, and testing a new project called Bitcoin.
On the 3rd of January 2009, the genesis block of 50 bitcoins was mined.
Welcome to Crypto for Beginners and the new, fast-evolving, decentralized, mathematically secured crypto world. But have you ever wondered why crypto has such enthusiastic support amongst those that understand it and yet is so despised, ridiculed, and attacked by governments, mainstream media, and international organizations?
This book will explore and explain:
- What crypto is?
- how it works.
- Who owns and controls it?
- What can you do with it?
- How to use it – and why they don’t want you to.
Crypto enables you to transact with someone, anywhere on the planet, instantaneously, 24 hours a day, for almost nothing, without a controlling intermediary; but this is the best bit – nobody can stop you!
Using a combination of theory, narrative, and hands-on, step-by-step tutorials we will explore the basics of blockchain technology, cryptography, Bitcoin and the alt networks, buying, sending, receiving, trading, liquidity provision, staking, lending, borrowing, leverage, yield farming, the various types of cryptocurrencies, the advantages and disadvantages, and the potential future of this emerging technology. By the end of this book, you will have a solid understanding of how cryptocurrency works, how to use it, and how it could shape the future of the world.
By understanding and using crypto, you can own an entire, diverse, robust portfolio, secured in your mind (seriously). You can send money to those facing tyranny, undetected by malicious actors, bank the unbanked, and escape the rat race of ever-inflating fiat currency. You can help force governments to be responsive to democracy, behave responsibly, and above all, stop inflating away the hopes and dreams of future generations.
Every industry, government, and powerful organization on the planet faces a potential revolution by decentralization, secured by cryptography, and owned by us. It’s happening now!
- CRYPTOGRAPHY & THE CYPHERPUNKS
- USING BITCOIN
- HOW BITCOIN WORKS
- USING CENTRALIZED EXCHANGES… AS LITTLE AS POSSIBLE
- BEYOND BITCOIN: THE TRILEMMA, PROOF OF STAKE & CODE IS LAW
- THE INTERNET OF BLOCKCHAINS
- BEYOND LAYER 1
- SECURING MULTIPLE WALLETS
- EVALUATING CRYPTO PROJECTS
- INTRODUCING STAKING
- EARNING YIELD BY STAKING ADA ON CARDANO
- INTRODUCING LENDING & BORROWING
- LENDING & BORROWING ON POLYGON WITH AAVE
- INTRODUCING DECENTRALIZED EXCHANGES
- SWAPPING TOKENS & PROVIDING LIQUIDITY USING UNISWAP ON POLYGON
- INTRODUCING DERIVATIVES
- LEVERAGE TRADING ON GMX
- INTRODUCING YIELD FARMING
- YIELD FARMING WITH YEARN
- THE END… FOR NOW