Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
New York Times Book Review Editor’s Choice
SHORTLISTED FOR THE 2015 FINANCIAL TIMES AND MCKINSEY BUSINESS BOOK OF THE YEAR
A New York Times technology and business reporter charts the dramatic rise of Bitcoin and the fascinating personalities who are striving to create a new global money for the Internet age.
Digital Gold is New York Times reporter Nathaniel Popper’s brilliant and engrossing history of Bitcoin, the landmark digital money and financial technology that has spawned a global social movement.
The notion of a new currency, maintained by the computers of users around the world, has been the butt of many jokes, but that has not stopped it from growing into a technology worth billions of dollars, supported by the hordes of followers who have come to view it as the most important new idea since the creation of the Internet. Believers from Beijing to Buenos Aires see the potential for a financial system free from banks and governments. More than just a tech industry fad, Bitcoin has threatened to decentralize some of society’s most basic institutions.
An unusual tale of group invention, Digital Gold charts the rise of the Bitcoin technology through the eyes of the movement’s colorful central characters, including an Argentinian millionaire, a Chinese entrepreneur, Tyler and Cameron Winklevoss, and Bitcoin’s elusive creator, Satoshi Nakamoto. Already, Bitcoin has led to untold riches for some, and prison terms for others.
Ready for a change in black economics? Join the Bitcoin revolution. Bitcoin and Black America is a dynamic new book that explores the synergy between black economics, Bitcoin and blockchain technology. The global financial system is changing and the digital revolution will not be televised.Explore how to incorporate Bitcoin into your business, job and educational institution. This book also outlines the need for separation from the racist banking system and a comprehensive list of black professionals actively working in the Blockchain industry.
Some experts say that cryptocurrencies and blockchains are just a scam; others say they’re “the most important invention since the internet.” It’s hard to tell who’s right. Authored by Product Managers from Google, Microsoft, and Facebook, Bubble or Revolution cuts through the hype to offer a balanced, comprehensive, and accessible analysis of blockchains and cryptocurrencies.
You’ll learn the core concepts of these technologies and understand their strengths and weaknesses from real-world case studies; dive deep into their technical, economic, political, and legal complexities; and gain insights about their future from exclusive interviews with dozens of tech industry leaders. No coding or math needed!
Are cryptocurrencies and blockchains a bubble or a revolution? We’ll help you decide for yourself.
Bitcoin and the blockchain
- How Bitcoin and blockchains work from a technical perspective with no assumed technical knowledge
- Satoshi Nakamoto and the history of Bitcoin, the original blockchain
- A thorough overview of crucial crypto concepts (eg. blocks, keys, mining, nodes, etc.)
- Frameworks for understanding when it actually makes sense to use blockchain
- Major application scenarios for blockchain and cryptocurrencies and where it’ll fall flat
Public blockchains and altcoins
- Emerging trends in blockchain technology
- What you should know before buying any cryptocurrency
- An overview of Etherum and smart contracts
- An overview of the strengths and weaknesses of the top altcoins and stable coins, including Monero (XMR), Tether (USDT), and Bitcoin Cash (BCH)
- Alternatives to blockchain and cryptocurrencies
- New kinds of decentralized ledger technology (dlt)
- The economics of both traditional payment methods and cryptocurrencies
- Cryptocurrency security best practices and major breach case studies
- How blockchain, cryptocurrencies, and traditional banking and finance will interact with one another in the future
- Public blockchains vs private blockchains
- Limitations and shortcomings of public blockchains and cryptocurrencies
- The role of blockchain in the strategy of top tech companies like Facebook and Microsoft
- Case studies of how non-tech companies are effectively utilizing blockchain (eg. Walmart using it to prevent foodborne illness)
- Business blockchain case studies ranging from gaming (e.g. Xbox) to cloud services (e.g. Microsoft Azure’s blockchain-as-a-service and Amazon’s AWS offering)
- Blockchain’s use for big data, internet of things (IoT), and machine learning (ML)
Cryptocurrency regulation and policy
- ICOs vs STOs vs IPOs
- ICOs’ status as securities
- The SEC’s STO rules and Reg A+/CF/D/S
- KYC and AML laws
- The debate over whether cryptocurrencies are securities
- The official stance of various countries on crypto
- An overview of crypto policy and regulatory hurdles
- The role of crypto in emerging markets and China
- Digital democracy and voting on the blockchain
The future of decentralized technology
- If, how, and when the tokenization of national currencies will play out
- Facebook and WhatsApp’s upcoming cryptocurrencies
- Currency tokenization and China’s efforts to tokenize the yuan
- Blockchain, IoT, and the tangle
- Cryptocurrencies vs. fiat vs. the gold standard
- Predictions about the future of money, business, and currency
- Why blockchains would do better on Mars than Earth
Bitcoin may well be the greatest invention of our time, and most people have no idea what it is, or how it works. Walking through its invention step by step, this short two hour read is critical before you invest.
No technical expertise required! Read it, then share it with your loved ones.
“Having read virtually every Bitcoin explainer, I believe it’s the best from-scratch introduction to Bitcoin, requiring no prior knowledge at all. I will be referring newcomers to it from now on.” – Nic Carter, Castle Island Ventures
“It was much quicker and easier to understand than I expected […] After reading it I sold some of my alts for more bitcoin. I’m on the edge of becoming a maximalist because of you.” – Nako Mbelle, Around The Coin Podcast
“Inventing Bitcoin’s been getting buzz recently for good reason. @skwp wrote possibly the easiest, most informative intro to Bitcoin.”- @cryptograffiti, Crypto Artist
The world’s banks have adopted a new technology called blockchain. But is it safe? To be sure, they hire cybersecurity super-sleuth Frank Adversego. Soon, he’s faced with massive hacker attacks, a crisis between Russia and the US, and an unstable genius bent on overthrowing global governments to create a brave, new, anarchist world.
Andrew Updegrove brings a rare combination of drama, satire and technical accuracy to his writing. The result is a book you can’t put down that tells you things you might wish you didn’t know.
– Admiral James G. Stavridis, retired Commander, U.S. European Command and NATO Supreme Allied Commander Europe, and current Dean of the Fletcher School of Law and Diplomacy
Andrew Updegrove’s Frank Adversego thrillers are realistic page-turners, making it clear that if you’re not worried about cybersecurity you’re not paying attention.
– Internationally renowned security technologist Bruce Schneier