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Merge pull request #872 from krupawan5618/patch-3
Ch 01: Tip Box to address the the discrepancy of exchange rates throughout book
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@ -214,6 +214,11 @@ In the input field for the bitcoin address, there is a small icon that looks lik
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Joe now has Alice's bitcoin address set as the recipient. Joe enters the amount as $10 US dollars and his wallet converts it by accessing the most recent exchange rate from an online service. The exchange rate at the time is $100 US dollars per bitcoin, so $10 US dollars is worth 0.10 bitcoin (BTC), or 100 millibitcoin (mBTC) as shown in the screenshot from Joe's wallet (see <<airbitz-mobile-send>>).
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[TIP]
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The price of bitcoin has changed a lot over time, and an incredible amount since the first edition of this book was written. As of March 2021, a person would need approximately $54,000 USD to purchase one whole bitcoin. Many examples in this book reference real-life past transactions, when the price of bitcoin was much lower. Think about how generous of a friend Joe would have been if he had made the same agreement with Alice today!
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[[airbitz-mobile-send]]
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[role="smallereighty"]
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.Airbitz mobile bitcoin wallet send screen
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