Fun

Book by Nigerian Author Reminds New Adopters Why Bitcoin Was Created

News Feed - 2022-06-29 07:06:18

Book by Nigerian Author Reminds New Adopters Why Bitcoin Was Created


Nigerian author and crypto advocate Nathaniel Luz has said his recently published book represents his attempt to remind people of the initial reason why bitcoin was created. He said bitcoin is the summation of over three decades of research and experimentation. Noise of Other Cryptos Drowning Out Message of Bitcoin


A Nigerian author and crypto advocate, Nathaniel Luz, has published a new book on bitcoin wherein he reminds readers of the reasons why the cryptocurrency was created. Luz also uses the book to highlight the fact people now use bitcoin to “transact globally without restrictions of age, gender, race or location.”


According to Luz, the release of the book is coming at a time when many — particularly those new to crypto — appear to be attracted more by the promise of an “infinite percentage of returns” than by BTC’s primary selling points. He also said seeing the noise of various cryptocurrencies drowning “the message of bitcoin” motivated him to write a book that explains to people why, in his view, the top cryptocurrency was created.


“It calls for a reminder to separate the wheat from the [chaff]. Also, to inform people of the decades of work it took to reach this point; Bitcoin is the summation of over 3 decades of research and experimentation. It’s not an overnight fast-food invention by some millennials,” Luz said in a written response to Bitcoin.com News.


BTC Whitepaper Title Not ‘Some Afterthought’


The top cryptocurrency’s potential meant governments were always going to go after it, Luz added. However, he also told Bitcoin.com News that it’s not “some afterthought that the title of bitcoin’s whitepaper foretold its transaction medium as ‘peer-to-peer."”


When asked about the book’s target audience, Luz said his goal is to reach anyone who has adopted bitcoin either “out of necessity or for speculation purposes.”


Meanwhile, in the book — titled Bitcoin is Cash — Luz chronicles the journey of money over the centuries and how it evolved to become what it is today. He also makes the case for private currencies and how a digital currency like bitcoin can be a tool for activism.


Luz additionally addresses the mystery surrounding the identity and whereabouts of Satoshi Nakamoto, the person[s] or organization that is thought to have created bitcoin. The author said the book is now available on Amazon and those that wish to get a copy can do so by using his profile link. Tags in this story Bitcoin, BTC, Cryptocurrency, Millennials, Nathaniel Luz, Satoshi Nakamoto


What are your thoughts on this story? Let us know your views in the comments section below. Terence Zimwara


Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route. Chinese State-Run Media Warns About Bitcoin"s Price Falling to Zero as Regulators Issue Fresh Crypto Warning FEATURED | 4 days ago Namibian University Set to Offer Master"s Degree in Blockchain Technology in 2024 FEATURED | 5 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleGlassnode Report Says Bitcoin’s 2022 Price Drop Represents a Bear Market of ‘Historic Proportions’ Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItArgentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments


The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech investments. This organization will serve as a link between private entities and the institution, ... read more.UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn"t Be Surprised if Stocks Fell 40% FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms Ethereum Foundation"s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether

News Feed

Texas and Alabama Regulators Crackdown on Blockfi’s Interest Bearing Account Product
Texas and Alabama Regulators Crackdown on Blockfi"s Interest Bearing Account Product Fresh off the heels of Blockfi’s issues with the ​​New Jer
2019: The Year Bitcoin Lost Its Mind
Many market analysts think thiswill be the year that Bitcoin finally breaks loose and makes its inevitable run to $100,000.Everything’s Going Haywire in BitcoinI think itâ€
Turkey Prepares to Increase Oversight in the Crypto Space
Turkey Prepares to Increase Oversight in the Crypto Space Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to intr
Texas State Securities Board Flags 15 Investment Entities Including One Unregistered Crypto Trader
Texas State Securities Board Flags 15 Investment Entities Including One Unregistered Crypto Trader The Texas State Securities Board (TSSB) has announced a series
Solana MVRV Signals More Gains Ahead Amid Market Downturn: Analysts
Este artículo también está disponible en español. Amid a crypto market mayhem over the past week, Solana (SOL) has suffered significant losses to the tune of 17.13%,. acc
5 Altcoins That Could Explode After Stablecoin Volume Surges $200B
Este artículo también está disponible en español. After expanding by nearly $40B since Donald Trump’s victory in the US election, the stablecoin market has now soar
Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’
Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’ Over the last few weeks, furious debat
Bitcoin will 'propel the next leg up' if key trading pattern confirms — Traders
Ciaran Lyons6 hours agoBitcoin will "propel the next leg up" if key trading pattern confirms — TradersThe inverse head and shoulders pattern forming "would make sense" if Bitcoin doesn"t "break straight
Prashant Jha11 hours agoHong Kong police recover $11M worth of assets in JPEX case: ReportThe JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated a
Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report
Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report Stock trading and investing app Robinhood has reportedly been testing new features, including a cry
Tesla CEO Elon Musk Shares Dogecoin Video — Says It ‘Explains Everything’
Tesla CEO Elon Musk Shares Dogecoin Video — Says It "Explains Everything" Tesla CEO Elon Musk has shared a dogecoin video on Twitter in a conversation about bitcoin mining on Apr
NASDAQ-Listed HIVE Blockchain to Expand Data Center in New Brunswick, Canada With 40 Megawatts Capacity
NASDAQ-Listed HIVE Blockchain to Expand Data Center in New Brunswick, Canada With 40 Megawatts Capacity sponsored HIVE Blockchain is set to expand its data center campus in New Brun