How Money Got Free (eBook)

Bitcoin and the Fight for the Future of Finance

Brian Patrick Eha (Autor)

eBook Download: EPUB

2017
496 Seiten
Oneworld Publications (Verlag)
978-1-78074-659-3 (ISBN)

Infos

After ignoring it for the first few years of its existence, major investorsventure-capital firms, Goldman Sachs, the New York Stock Exchange, and billionaires like Richard Branson and Peter Thielhave now decided to risk more than $1 billion of investment capital on digital-currency businesses. How did an invention that, a few years ago, wasn’t taken seriously by anyone, come to be praised by Bill Gates as "better than currency"?Bitcoin was founded on a renegade ideology by a bunch of outlaws: cryptographers, hackers, Free Staters, ex-cons and drug dealers, teenage futurists and entrepreneurs, those with a grudge against government and big banks. For some of the early adopters, now millionaires themselves, the world of global finance goes against everything they stand for, and they are not going down without a fight.

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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'. 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.

Autor

Brian Patrick Eha is a former editor at Entrepreneur and a journalist who has spent nearly five years following the rise of Bitcoin. His work has been published by The New Yorker, The Atlantic, Fortune, CNNMoney, American Banker, Outside, Port, Avaunt, and the Los Angeles Review of Books, among other publications. He lives in New York City.

Produkt-Details

• Erscheint lt. Verlag: 9.5.2017
• Sprache: englisch
• Themenwelt: Technik
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
• ISBN-10: 1-78074-659-8 / 1780746598
• ISBN-13: 978-1-78074-659-3 / 9781780746593