An 11-year old named Andrew Courey from Massachusetts just published a book on bitcoin so the younger generation can grasp this emerging technology that’s been sweeping the globe. The sixth-grader considers himself an expert on bitcoin, and his 57-page book describes cryptocurrencies in a way his peers can understand.
Andrew Courey is a middle school student from Massachusetts, and he hopes to earn $20Mn by the age of fourteen. Courey made an agreement with his parents who said if he earned $20Mn by then, he could drop out of school much like the bitcoin millionaire Erik Finman’s deal with his parents. So after countless hours of research and Youtube videos covering the subject of bitcoin Courey decided to write a book on the topic. The book called “Early Bird Gets The Bitcoin: The Ultimate Guide To Everything About Bitcoin,” is available on Amazon in both e-book form or as a paper copy.
The introduction states:
Today we will be learning about an online currency created by Satoshi Nakamoto, and by the end, you will become a master of bitcoin.
Courey’s dad is a tech investor and prompted Andrew to put his studies to good use by publishing a book about bitcoin in a more simplified manner.
“Anyone can learn about cryptocurrencies if they’re willing to spend 70 to 80 hours researching every source until they find a couple sources that make sense,” Andrew explains in a recent interview with CNBC. “The whole book, in the simplest terms, is very easy to read and simple to understand.”
The sixth grader’s book tries to use relatable analogies to describe cryptocurrencies and blockchain technology. In order to explain a distributed ledger, Courey explains that a blockchain is similar to a public Google document that’s “shared with everyone and that can only be edited by buying or selling bitcoin.” Additionally, Courey says a digital currency wallet is comparable to a mailbox where only the owner has the keys. Courey describes a bitcoin wallet in his book noting:
Imagine there is a mailbox — the mailman can drive the mail to any mailbox, but only the person with the key can access the mail.
The book covers concepts like wallets, mining, and other technologies tied to cryptocurrencies. Moreover, the book discusses the history of bitcoin, Initial Coin Offerings (ICO), and the ethereum protocol as well. At the end of each chapter Courey concludes with a fun fact about the specific subjects discussed in that section.
What do you think about Courey’s book about bitcoin for kids? Let us know in the comments below.
Images via: Shutterstock, CNBC, the Courey Family, and Amazon.
Written by Jamie Redman