The Ultimate Beginners Guide to Cryptocurrencies

An Introduction to Cryptocurrencies and the Technologies that Powers Them

Non-Fiction - Education
112 Pages
Reviewed on 09/24/2019
Buy on Amazon

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Author Biography

Fito Kahn is the owner of Multimedia Partners, LLC, an Austin, Texas-based Web development agency, and has been involved in the computer industry for over 30 years. He received his Bachelor of Science degree in Communications from the University of Texas in Austin and a Masters degree in Media Studies from the New School University in New York. Fito is also a cryptocurrency enthusiast and evangelist and has been involved in the cryptocurrency industry since 2015. He regularly attends cryptocurrency conferences and shares his thoughts on the cryptocurrency industry as well as relevant crypto news on his website, cryptocurrencyinfo.today.

    Book Review

Reviewed by Renee Guill for Readers' Favorite

The Ultimate Beginners Guide to Cryptocurrencies: An Introduction to Cryptocurrencies and the Technologies that Powers Them by Fito Kahn is a guide to bitcoins and similar digital currency. Fito Kahn also gives you the terminology and explains how they are mined and stored. He talks about the best banks to use and why. Fito Kahn also gives a history lesson on where money came from. He talks about how other countries use them and store them and how it affects their economy.

I thought that The Ultimate Beginners Guide to Cryptocurrencies by Fito Kahn was fascinating. I liked how he gave the history of money and technology first before diving into the new age of currency. I liked how he explained how the bitcoins were made. I admit I had heard of them but never understood the concept until I read this book. He had a great list of the terminology and their meanings. I liked that Fito Kahn also gave his opinions and facts on where to store the bitcoin. I loved that he reminded you a lot to do your homework before buying or mining the digital coins and explained how there are scammers and showed the websites. He also gave the links to where he got all his facts, in case you want to double-check. I was fascinated with the way he explained how other countries used bitcoins and how it affected their economy. This is a pretty quick read and great for students taking economics classes. It’s also good for the older generation to consider this option as a new way to invest for retirement.

Edith Wairimu

Fito Kahn’s informative read, The Ultimate Beginners Guide to Cryptocurrencies, explains the basics of cryptocurrencies in an understandable and detailed way. The work begins by looking back at the start of the technological revolution from the ‘80s to the technological advancement present today. It details the advent of the internet and the history of money along with some of money’s interesting facts. Kahn defines common crypto terms as well as other fundamental aspects regarding the topic that include terms such as mining, wallets, and blockchain. The work explains the technologies that are linked to various cryptocurrencies. Cryptocurrencies such as Bitcoin (BTC), Dash (DASH) and Ether (ETH) are explained in detail including their size based on their ranking on the list of the largest cryptocurrencies. The work then assesses the introduction of cryptocurrencies, their growth in the past ten years and their possible future.

The work employs a clear interior organization which separates the content by dividing it into comprehensible topics. Fito Kahn describes his initial interaction with the world of computers and moves forward to recount changes that took place along the way. The introduction offers a closer look into the dynamic nature of technology which supports the need for understanding cryptocurrencies and related technologies even though the technology is fairly new. Technical language is comprehensively defined using everyday terms that are accessible to any reader, regardless of their level of knowledge on cryptocurrencies. The work is light, not too heavily detailed as to bog down a beginner, and contains sources for further reading. The Ultimate Beginners Guide to Cryptocurrencies explains what cryptocurrencies are and their impact on financial systems and also inspires further learning about the subject.

K.C. Finn

The Ultimate Beginners Guide To Cryptocurrencies: An Introduction to Cryptocurrencies and the Technologies that Powers Them is a work of non-fictional, educational guidance in the realm of technology, and was penned by author Fito Kahn. With a brief introduction from its author and an overview of how technology has developed and changed with the advent of the internet, we find ourselves immersed in the realm of Bitcoin and its contemporaries as we are guided through different categories of how cryptocurrencies work. From looking at ‘real’ money to the techniques and linguistic terms used in the world of dealing with cryptocurrency, Kahn advocates for a future in this new technological realm and gives advice to those who are watching it develop and want to be involved.

I think that the organization and progression of this handy guidebook are very helpful in setting up the idea of Bitcoin and its contemporaries, especially for those who have never entered this world and do not know the first thing about cryptocurrencies. Author Filo Kahn writes with extensive knowledge of the field and adds some excellent personal touches to his writing in order to make it personable and highly readable from a narrative standpoint. The information within the text is very worthwhile indeed. Overall, The Ultimate Beginners Guide To Cryptocurrencies: An Introduction to Cryptocurrencies and the Technologies that Powers Them is a useful and informative guide for total novices in the field.