Book Image

Learning Bitcoin

Book Image

Learning Bitcoin

Overview of this book

Table of Contents (16 chapters)
Learning Bitcoin
Credits
About the Author
Acknowledgments
About the Reviewers
www.PacktPub.com
Preface
Index

The future of finance


Looking back in history, technology has changed the world in profound ways. From the steam engine, to computers, to the Internet, we have seen amazing advances in how we can innovate through technology. In line with the previous advances of technology, Bitcoin has the potential to bring the same scale of change to finance.

Since its launch, just months after the financial crises of 2008, Bitcoin has challenged the way we look at money and finance. Consequently, our previous notions of relying on centralized institutions to issue, store, and transfer money are now questionable.

On the basis of what we've seen from the implementation of new technologies since the industrial revolution, many of our financial institutions face major disruption. The Blockchain's distributed ledger has demonstrated its ability to replace many of the functions they currently service. Yet, to our benefit, as Blockchain's adoption increases, we can expect to see more transparency and credibility...