How Money Got Free

How Money Got Free

Bitcoin and the Fight for the Future of Finance

Book - 2017
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"In the space of a few years, Bitcoin has gone from an idea ignored or maligned by almost everyone to an asset with a market cap of more than $12 billion. Venture capital firms, Goldman Sachs, the New York Stock Exchange, and billionaires such as Richard Branson and Peter Thiel have invested more than $1 billion in companies built on this groundbreaking technology. Bill Gates has even declared it 'better than currency'. But can its early promise endure? Or will the next evolution of money be neutered as it goes mainstream? The pioneers of Bitcoin were twenty-first-century outlaws -- cryptographers, hackers, Free Staters, ex-cons and drug dealers, teenage futurists and self-taught entrepreneurs -- armed with a renegade ideology and a grudge against big government and big banks. Now those same institutions are threatening to co-opt or curtail the impact of digital currency. But the pioneers, some of whom have become millionaires themselves, aren't going down without a fight. Sweeping and provocative, How Money Got Free reveals how this disruptive technology is shaping the debate around competing ideas of money and liberty, and what that means for our future."--Jacket.
Publisher: London : Oneworld, 2017
ISBN: 9781780746586
178074658X
Characteristics: 486 pages ; 24 cm

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danielestes
Jul 19, 2017

It continually amazes me how much of our future is being written all around us and we barely notice. Brian Patrick Eha's How Money Got Free, which covers the short but exhaustive history of Bitcoin, is an ideal example. Whether it's a passing fad, a speculative bubble, or an actual lasting currency of our inevitable digital lives, Bitcoin has already succeeded at paving the way for what's possible in our globalized, increasingly-cyber world.

This book's a big one, clocking in at around 500 pages. When I talk about the subject with curious friends, the most common question hands-down is the initial "How does it work?" There's more here on Bitcoin in Eha's book than you'd ever think to ask, and yet it's this basic question that fills most conversations.

Side note: From the time I received my advanced readers copy to the time I finished it, the price of Bitcoin roughly doubled from 1k US dollars per coin to 2k. Holy ----!

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