Читать книгу Bitcoin, Blockchain & Co. - Joe Martin - Страница 2

EXTRA: Earning Money With Cryptocurrencies, Trading & ICOs

The Most Important Things on One Page

To be active in the emerging world of cryptocurrency, you must first to understand the systems that underpin it and that will help to shape the future. It is vital that you understand three fundamental pieces of information before you begin any activity related to cryptocurrencies. Without these three key considerations, you cannot fully understand and navigate the intricacies of the crypto world. Without these three foundational rules, you become extremely vulnerable to financial losses if you become active.

The rise of Bitcoin & Co. has created a gold rush of sorts. There are a lot of frivolous offers from opportunists out to make a quick buck from the hype. In a more sinister twist, there are also seasoned fraudsters who actively look for ways to part you from your money and your crypto-credit. These criminals range from the shady opportunist to the seasoned professional. To navigate this world, you must always be on your toes. The best way to beat the fraudsters is to stay one step ahead with some knowledge of your own.

For that reason, you should read these instructions repeatedly. Internalize them and let them sink deep into your subconscious. The following principles must be applied intuitively. Gauge everything—every single thought and decision—by these principles. With these three principles at the core of your every decision, you will be safe from fraud and you will understand how our world is going to work in the near future.

1. Ensure that you—and only you—have the “Private Keys” to your cryptocurrencies (that is, Bitcoin and Co.). Always. No one else!

2. You can only unconditionally trust a genuine public blockchain with many completely independent nodes.

3. The Computer Source Code of a trustable blockchain system is always openly accessible and can be examined and used by everyone.

Even if you don’t yet understand what “Private Keys” are or know what a genuine Public Blockchain is, never forget these principles. Analyze every offer from this perspective, no matter how attractive it seems. Do not allow yourself to be tempted into breaking these rules. Read this book carefully, understand the importance of these rules, and question every offer with this knowledge. That is the only way to protect your property. Only then is your future on a firm foundation and only then are you capable of taking informed action. With the knowledge contained in this book, you can successfully deal with cryptocurrencies and other Blockchain systems and shape the future so that you and your family are comfortable.

Chapter 1 — What you absolutely need to know