diff --git a/ch01_intro.adoc b/ch01_intro.adoc index b0df9b7c..1db67444 100644 --- a/ch01_intro.adoc +++ b/ch01_intro.adoc @@ -399,7 +399,7 @@ bitcoin-accepting charity. [[getting_first_bitcoin]] ==== Getting Your First Bitcoin -The((("bitcoins", "acquiring", id="bitcoin-acquire")))((("acquiring", "bitcoins", id="acquire-bitcoin"))) first task for new users is to acquire some bitcoin. +The((("bitcoins", "acquiring", id="bitcoin-acquire")))((("acquiring bitcoins", id="acquire-bitcoin"))) first task for new users is to acquire some bitcoin. Bitcoin transactions are irreversible. Most electronic payment networks such as credit cards, debit cards, PayPal, and bank account transfers are reversible. For someone selling bitcoin, this difference introduces a very high risk that the buyer will reverse the electronic payment after they have received bitcoin, in effect defrauding the seller. To mitigate this risk, companies accepting traditional electronic payments in return for bitcoin usually require buyers to undergo identity verification and credit-worthiness checks, which may take several days or weeks. As a new user, this means you cannot buy bitcoin instantly with a credit card. With a bit of patience and creative thinking, however, you won't need to. @@ -429,7 +429,7 @@ many users choose to maintain dedicated exchange accounts independent from their ((("bitcoins", "currency exchanges", startref="bitcoin-exchange")))((("currency exchanges", startref="currency-exchange")))wallets. ==== -Alice was introduced to Bitcoin by a friend so she has an easy way to acquire her first bitcoins. Next, we will look at how she buys bitcoins from her friend Joe and how Joe sends the bitcoins to her ((("bitcoins", "acquiring", startref="bitcoin-acquire")))((("acquiring", "bitcoins", startref="acquire-bitcoin")))wallet. +Alice was introduced to Bitcoin by a friend so she has an easy way to acquire her first bitcoins. Next, we will look at how she buys bitcoins from her friend Joe and how Joe sends the bitcoins to her ((("bitcoins", "acquiring", startref="bitcoin-acquire")))((("acquiring bitcoins", startref="acquire-bitcoin")))wallet. [[bitcoin_price]] ==== Finding the Current Price of Bitcoin