A Beginner's Guide To Bitcoin Paperback – January 1, 2021

*as it appears on TalkingPulpI first discovered Matthew R. Kratter when, on a whim, I picked up his book A Beginner's Guide to the Stock Market. After reading that, I started following his channel on YouTube and as he delved more into cryptocurrency, specifically Bitcoin, he became just one of two channels that I actually listen to and take their insight seriously. The other channel is Crypto Tips, for those who might be wondering.Kratter's stock market book was rather good so when he announced this one, I was pretty excited.So this is a pretty short book and in fact, I read it in a single sitting.However, for something only 60 or so pages, it is chock full of not just useful information but great information. Kratter knows Bitcoin exceptionally well and this is, hands down, the best book I've read on the subject, as it takes something that is complex and overly technical to the average person and explains it very simply and thoroughly.My favorite part of the book was the section where he answers common questions and dispels common myths and concerns. While I'm 100 percent on board with Bitcoin, there are still worries I've had, even keeping up on it for almost a decade now. Kratter put some of those real concerns at ease and this is something that I'm sure I will continue to reference, as time goes on.I enjoyed this so much and thought it was pretty close to perfect that I also got copies for friends who are interested in the crypto space but very apprehensive about it, even though they see my success with it.Frankly, this past week has exposed major flaws and deep corruption in the Wall Street system, as hedge funds have fallen to Redditors with an axe to grind.DeFi is the way of the future and the true road towards freedom. There isn't a better time than now to get on board.This book will help you get there.Rating: 9.5/10Pairs well with: Matthew R. Kratter's other books, online courses and his YouTube channel Trader University.

It was a quick and to the point read with enough information to get started. It was not bogged down with a bunch of technical terms. Lots of things to highlight and further research.

This book gets straight to the point: explaining the use case and value proposition of Bitcoin. Matt gives a compelling argument for why Bitcoin will replace gold. This discussion leads nicely into the valuation models for Bitcoin. After reading other books that get into much more detail, I found this book gave me a nice reminder of the basics. A key insight is that Bitcoin has a network infrastructure that is superior to the alternatives. As Matt explains, any developer can create an alternative blockchain software, but the success of a crypto currency is determined by the network participants and the resulting infrastructure. The bigger the network, the more the demand, and the greater the number of miners; the larger the capital flow; creating a reinforcing, positive, feedback loop. My only complaint is that the book is too short (about 50 pages).

I have been following Matt Kratter on YouTube for a while now. I have also corresponded with him via Email. I can tell you first hand he is one of the more honest and helpful investment personalities gurus you can find. His videos are well worth your time. I have read multiple books from Matt, and just finished: A Beginner's Guide To Bitcoin.Bitcoin has been on a pretty big upswing lately as more institutions and people begin investing in it. That is where this book comes in handy; it is a "beginners" guide, so it is very easy to read and understand. Matt breaks the chapters down into six manageable but important topics:1. Is Bitcoin Actually Money2. Price Targets For Bitcoin3. Common Bitcoin Myths4. How To Buy and Store Bitcoin5. The 10 Commandments of Bitcoin6. The Bitcoin Revolution Is HereEach chapter is a "bite-size" nugget you can quickly read and get a clear description of the content. The chapters I liked the most are chapters 2, 3, and 4.In chapter 2, Matt clearly explains where he thinks Bitcoin is headed and has multiple supporting sources to "backup" his belief. Chapter 3 is a very good chapter for beginners because it addresses the myths surrounding Bitcoin, myths you may have heard yourself. And finally, chapter 4 discusses the different ways Bitcoin is bought and stored. This is an important chapter to read and understand especially as your portfolio increases in value. Here is a recent headline about a person who lost 220 million worth of Bitcoin: "German-born programmer Stefan Thomas made headlines this week after a lost password rendered his bitcoin stash worth $220 million inaccessible. As Insider earlier reported, the secure hard drive, on which 7,002 bitcoins were stored, was an IronKey device." Once you read chapter 4 you know how to avoid this with your own Bitcoin.Matt, also gives you many bonus articles he could not fit into the book, and they alone could be a book in themselves. You can't go wrong with this book whether you are a Bitcoin beginner or intermediary. Heck, you probably could learn a few things even if you're an experienced Bitcoinner.