Bitcoin: The future of money?

This author does an amazing job of describing the history and theories behind bitcoin and Satoshi. It’s a great book for all beginner crypto investors. This and the Bitcoin Standard should be entry level reading for anyone interested in Bitcoin/crypto.

Would recommend this book as an informative intro to anyone who has an interest in the subject matter. Even though, only 7 years after publication, the data points are already dwarfed by market changes, this is a good base to learn about the history of cryptocurrency. The author seems a little too preoccupied with uncovering Satoshi Nakamoto's true identity, not all of his theories are common or agreeable and he's quite bullish on crypto's potential and social impact; the book still is an entertaining read.

A great beginning, I appreciated his chapters on the rise of Bitcoin, and his search for the real Satoshi was quite the page turner. Bravo. But he lost me with the Libertarian sermonizing. We need much less on how Bitcoin will usher in a utopian age of freedom and equality, and more on practical applications that can happen in the near term.The author's chapter on how Bitcoin will be the enemy of the state is rife with bad economic analysis and straw man arguments. Deflation will help the poor? You mean the people in the US who are massively in debt? Not likely.... It is also incredibly naive. What is more likely, Bitcoin will bring equality to the masses, and shrink the ever growing gap between rich and poor? Or the rich and powerful, as they've always done, will find ways to leverage Bitcoin to ensure they increase their wealth and power? But this time it's different you say! Ha, yeah, good one. The author believes Bitcoin will help reduce war, as well. As if the most powerful nation on earth, the war masters, will just throw their hands up and say, "We want to invade another country, but with Bitcoin we are forced to act more responsibly and morally, there's just nothing we can do!" Yeah, again, that's just not going to happen...Still, it's a fun read, I did learn a lot, and it's well written and engaging.

Very good book for those looking to find out more about the bitcoin history. Easy read and very entertaining.

Dominic has outdone himself with this book. This has to be the most complete bitcoin publication out there. His detective skills are great in the quest for Szabo(I mean Satoshi). A must read for anyone into the BitCoin Revolution. This review is from Billbags.

It’s a must read for any serious minded person who wants to profit and gain much from this massive worth transfer

Bitcoin explained brilliantly

Book provides decent information about Bitcoin but the stress and investigation on Satoshi Nakamoto is a deviation.

Slightly dated (2014) in the fast-moving world of Crypto but as a follower of Dominic Frisby blogs and having recently read his excellent book on taxation (Daylight Robbery) thought it would be worth reading. Good solid introduction, would I have bought Bitcoin in 2014 after reading this book when it was trading at US$500 per coin, probably not, am I tempted to buy it after its recent sell-off from US$60k high (24Jun21 US$33.9k) probably not. But it is an interesting concept which I am generally supportive of but a bit like Peter Pam we all have to believe in fairies to make the magic work. Plus given its threat to the government, if it did start to get traction, they would all combine to shut it down. Thought the chapter on who is/was Satoshi was a bit superfluous but was probably a thing then.

I’ve recently started learning about crypto but not from a technical background so was a bit concerned the book may hard to follow, however it’s very accessible and a thoroughly interesting read. Although written in 2014 it still feels relevant today, although some resources (websites etc) referred to seem to no longer exist. If you’re looking for a technical insight to blockchain technology then this may not be for you, however if you’re interested in reading about the history of bitcoin then I’d highly recommend it.

An entertaining but not too technical book that exposes the basic weaknesses of monetary policy over the past 80 years, and makes a case for a new dispensation in which the middlemen exchange dealers are eliminated to the benefit of consumers. The author is aware of two basic difficulties that face virtual currencies, their use in illegal drugs and arms sales, and the speculation in their value relative to US dollars et cetera which has deterred many from using them. The first may in fact be impossible to regulate without outside intervention, which of course would threaten the ethos of bitcoins, and arguably this is a severe and possibly fatal limitation. The second has occurred throughout history when something valuable has come onto the market encouraging speculation and other forms of manipulation, but as Frisby points out this volatility will even out in the long run. The author noted that a few people seem to have accumulated rather a lot of bitcoins which at the moment seem to be residing on computer hard drives. It is thus difficult to see how the bitcoin phenomenon will escape the centralisation of real currency/wealth which has been a feature of modern capitalism.The balance of the book has been disturbed a little by a rather long discussion, with an appendix, on the identity of 'Satoshi', a bitcoin pioneer. The author has certainly gone to a lot of trouble analysing the texts of emails put out by a variety of bitcoin entrepreneurs and inventors to identify the person concerned, although it could be argued that this is a distraction from the main purpose of the book, to set out a case for virtual currencies.

Very interesting!Wish I had read this when I first bought it over a year ago. I would have bought cryptos hat much earlier.Everyone needs to understand and take an interest in blockchain & cryptos. Our world is about to turn inside out. I love the subversive nature of it so we can escape from the clutches of government and finance kleptocrats.Do read this book!

Fascinating look into the background and culture of cryptocurrency. Written for a non-technical audience, but will still be of interest to any techy looking to understand the origins and wider implications of digital money. There is already a significant paradigm shift around our modern economy and how we view money. Cryptocurrency will undoubtedly be at the center of this shift for decades to come. Essential reading for anyone who uses money and the internet.