Bitcoin: the Future of Money?

Bitcoin the Future of Money Bitcoin is one of the most important innovations of our time it will transform the way we do business Dominic Frisby has written a great account Read it and glimpse into the future Sir Richard Branson

  • Title: Bitcoin: the Future of Money?
  • Author: Dominic Frisby
  • ISBN: 9781783520770
  • Page: 404
  • Format: Paperback
  • Bitcoin is one of the most important innovations of our time it will transform the way we do business Dominic Frisby has written a great account Read it and glimpse into the future Sir Richard Branson In 2008, while the world was busy panicking about the global financial crisis, a computer programmer called Satoshi Nakamoto posted a message on an out of the way maili Bitcoin is one of the most important innovations of our time it will transform the way we do business Dominic Frisby has written a great account Read it and glimpse into the future Sir Richard Branson In 2008, while the world was busy panicking about the global financial crisis, a computer programmer called Satoshi Nakamoto posted a message on an out of the way mailing list I ve been working on a new electronic cash system, he said It might make sense to get some just in case it catches on Nobody seemed to care But what he had programmed would become the world s most famous alternative currency Bitcoin Economists, anarchists, speculators, computer coders, libertarians, criminals and entrepreneurs were inspired across the world Early adopters would make a return two million times larger than their investment Now it seems that Bitcoin will do to banking and finance what email did to the postal service and what the internet did to publishing destroy old monopolies and create opportunities for the masses Some even suggest that the technology behind Bitcoin will usurp our Western systems of representative democracy In this gripping book, Dominic Frisby sets out to solve the mystery surrounding the identity of Bitcoin s secretive creator, Satoshi Nakamoto He shows how Bitcoin will change the world And, perhaps most importantly of all, he does something nobody else has hitherto been able to do he explains in layman s language exactly how it works The book s outstanding, but the story it tells is even better Matt Ridley, The Times In this highly readable yet technically accomplished book, Dominic Frisby makes crypto currencies crystal clear Read it, or fail to understand possibly the most important financial innovation of our time Liam Halligan, Sunday Telegraph Despite having an MSc in Computer Science and spending over ten years studying monetary theory, I ignored Bitcoin as hype for too long You shouldn t Read Dominic s thrilling book and discover the next big thing Steve Baker, MP

    One thought on “Bitcoin: the Future of Money?”

    1. Excellent! Couldn't put it down. I enjoyed Life After the State as it reinforced much of what I'd come across in the writings of the Christian Reconstruction movement, the FEE and various libertarians basically that modern government is a scam and there is no need and actually it is dangerous to have big government encroach on every area of life. The more British oriented analysis really brought the message home as I was able to ask my dad about his early memories of Friendly Societies and other [...]

    2. Probably more 3.5 to be fair. Marked down mainly because:1) I'd have liked more on the technical workings of Bitcoin - this was covered very briefly in the first chapter.2) The chapter speculating on the identity of Bitcoin's creator was of limited interested and I felt dragged a little.Otherwise an interesting read.

    3. Notes:-Early adopters of new technologies are rewarded generously, specifically in fintech.-A deflationary system of money means savers are rewarded rather than debtors – a paradigm shift in the way things work.-A society that transparently taxes consumption rather than production means labour is rewarded rather than penalized.-Cryptocurrencies enable paid content & micropayments at scale that hasn't been possible before-Government and banks are screwing us over 10x more than we know. -No [...]

    4. Dominic is a good writer, the research is deep, the reading is easy. This book is practically elementary information about the topic, however an excellent start for the beginners. It reads like a thriller.In the manuscript you will learn about the evolution of bitcoin, about its initial developers, the genius behind Satoshi, concrete applications of the cryptocurrency, besides the potential economic, political and social implications.Read it! You will know more about something that is growing ev [...]

    5. I love how i learn from books. Dominic Frisby has written a very readable book on economcs technology and finance which has elements of mystery too. If you are a layperson (like me) who wants to know what Bitcoin is all about this book is perfect for u. It takes you on a fun ride , makes u aware of concepts. Heck u even learn stylometrics at one point :P The author's views were lucidly present on an anarchic system. I felt the bad effects were glossed over a bit. Trafficking is a big problem and [...]

    6. Although some of the technology is beyond me - I still don't know what a block chain is - I understand the political ramifications of money with government or borders. Many detractors of the anarchist philosophy question what the end product will look like. But anarchism is a process not a finality. It starts with the individual refusing to accept the right of centralized authority to control their lives. How an "Anarchist Utopia" will function at some point in the future is irrelevant. It seems [...]

    7. Excellent, light-weight introduction to bitcoin - concise, entertaining, explaining complicated subjects in plan English. I just wished that the author got a bit more technical on how blockchain works, just as he did while investigating Satoshi Nakamoto's identity.

    8. Wonderfull introduction to this brave new world of cryptocurrencies. Very reader friendly and gives a brief but imformative history in the creation of bitcoin. Gives tips on how to obtain bitcoins and how the blockchain technology will change the world.

    9. The book is pretty non-technical after the first few chapters - where you learn about the basics behind cryptocurrency* - and should serve as a good introduction, especially to people who prefer a more narrative approach. One thing that concerns me is that for an innovation that is supposed to correct many issues we have with non-crypto, centralised currencies, such as governments being able to wantonly devalue the currency or confiscate your funds from a bank, the fact that half of all bitcoin [...]

    10. I read this book and Blockchain Revolution because I wanted to understand a bit more about Bitcoin, cryptocurrency, and shared ledger technology. Both only gave about a chapter of information on those topics, with the remaining pages enthusing a radically unconvincing libertarian utopia. Nothing indicates that Bitcoin or Ethereum threaten the existence of banks. On the contrary, the kind of neurotic schisming that occurs in a free market has made both currencies extremely volatile (although not [...]

    11. Really enjoyed this book on an emerging technology that I am finding very interesting to explore. The author does a good job of trying to explain what cryptocurrency is about and he also introduces economic history and principals to the layman without being boring. I found myself wanting to continually get back to the book to learn more.But four stars as the chapter speculating who the creater of Bitcoin is went on a bit too much. I suspect the author had put the most amount of time and research [...]

    12. In January 2009, an unknown named Satoshi Nakamoto, released the first bitcoin software and blockchain database to the unassuming world; Bitcoin Version 0.1 was born.Since that time, Bitcoin has been heralded and repudiated in the public arena for the same intrinsic reasons; it's unregulated, open-source and finite in number - only 21 million exist. Frisby's book goes into great detail about Bitcoin's inception, it's place in the modern age, and where he sees cryptocurrency going. Many financier [...]

    13. It started well with an interesting discussion about the beginnings of bitcoin and its defining events on its journey thus farbut quickly became less and less interesting when the author went on an EXTENSIVE discussion about the real possible identity of the bitcoin creator? why?! ez shut up about it already - it was enough to make the last part of this book extremely boring and hard to complete making me switch off no matter how interesting the rare bit of useful info was covered!To Our Contin [...]

    14. This book is a real and credible eye opener. I decided to read it because Bitcoins value had risen to that of gold and I wanted to understand what all the fuss was about. The air of mystery around Bitcoins creator adds to the enjoyment. I would have liked to learn more about the best walkets and where to trade, however I have learnt enough to know that cryptocurrencies are the future of mobey

    15. It's not a very tech focused book, a bit boring, I was really annoyed in the chapter where he tries to guess who is satoshi nakamotoBut he was talking about bitcoin, and so, the book is great LOL

    16. Very interesting and well structured introduction that has stood the test of time amazingly considering the speed at which the cryptocurrency space changes. Last star withheld only because one section of the book is a little lengthy (no spoilers from me).

    17. I found this book very disappointing. Two out of the four glowing reviews in the 'product description' are not for this book, but for Dominic Frisby's seemingly better received book: Life After the State.If you want a rather rambling journey through the characters involved in starting up cryptocurrencies, including a somewhat lengthy discourse on who the creater of Bitcoin was (or is!), then the book might be of some interest. If you really care who Satoshi Nakomoto is, and there is a complete a [...]

    18. Great as an Audiobook. Always appreciate when the author is the narrator. In the beginning of the book, he states that this is written such that someone with a background in computer science and someone like his elderly father could both understand. I'm slightly aged out of the milennial generation, but I have a bit of technology literacy, and I do think certain parts were still over my head. I don't know that this is the author's fault as much as it is my own lack of knowledge in this area. I'm [...]

    19. Interesting read.This books gives a good introduction to the origin and applications in Bitcoin.I originally bought this to learn a bit of background, in the hope it would help me understand the current price surge in Bitcoin.I thought the chapter on who Satoshi seemed unnecessarily long, where in all honesty i don't care who he maybe based on analysis of where he places comma's and full stops. Although it is interesting to read a little bit about the mysterious Satoshi, i do find this book was [...]

    20. An insightful look into the history of Bitcoin. I particularly liked the way Frisby explained the makings of the economy, suggesting how a decentralised form of currency could really benefit us. One gripe I have was the excessive amount of pages dedicated to determining the identity of Satoshi Nakamoto. This elusive character is no doubt the most important figure in Bitcoin, but the excessive devotion to examining each and every possible person seems uncalled for. At times, it seemed a title lik [...]

    21. Of all the books I read about the advent of cryptocurrencies, I posit that this is the most important and fascinating, because Dominic Frisby goes to the heart and soul of bitcoin, and it makes all the difference, as it get really, fundamentally, explained, not with any technical depth, but as a concept and its part and place in the battle for the future of humanity.The blochchain is still modest challenge, but it's truly a work of genius and it's getting a fighting chance to change the world fo [...]

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