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To most people, Bitcoin seems to be a financial notion created in a parallel world. Yes, it's a highly complex and difficult idea to grasp, but that doesn't imply it's impossible to understand. When you think about it, many individuals started off knowing nothing about bitcoins or how they functioned. But look at them now; they're undoubtedly investing in different cryptocurrencies like professionals and potentially benefiting handsomely as well! So, in this essay, we'll attempt to explain how Bitcoin works by using a betting game analogy: Consider playing a betting game with your pals, but none of you have any money on hand, so you decide to use a ledger to record the transactions, such as your profits and losses.
But you don't want to rely on just one person to keep track of everything, so all of you decide to create a ledger at the same time. Within this book, you will discover to start to buy, sell, and invest in bitcoin successfully!