CY@CY Says Welcome to my dreamscape. Where a Lim is also a Ling.
If you have never heard of Bitcoin, you must have living under the proverbial coconut shell. And you would probably think Blockchain is something to do with engines and Satoshi is some kind of Japanese sushi.
Bitcoin is a cyber-enigma with an enthusiastic following. You can apparently use it to buy anything from coffee to cars, yet few people seem to truly understand how it works. In essence, it is simply a clever piece of technology allowing monetary value to be transferred among people without the need for a bank or central bank to approve the settlement.
Digital Gold by Nathaniel Popper chronicles the most extensive history of bitcoin thus far, making it a must read for anyone interested in understanding what many consider to be the greatest invention since the Internet. It 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.
Digital Gold by Nathaniel Popper
The adventure begins in old chat rooms, where cypherpunks pioneered public/private key cryptography, and picks up steam from there. It explores the first bitcoin transactions, the first bitcoin giveaways and the early stage discoveries, giving an intimate account of bitcoin’s protagonists that lets the reader watch over their shoulders.
A great strength of the book is not just the extensiveness of the research, but the way in which it is fit together. It both maintains the intimacy of exploring bitcoin’s past with the main characters and weaves the different threads in and out of each other as the bitcoin community grows in size.
It follows the rise and fall of the comically inept Mt. Gox CEO Mark Karpeles, the rise and fall of Silk Road and the rise and fall of BitInstant and Charlie Shrem (“bitcoin’s first felon”) as well.
Today, bitcoin is gaining respect with industry leaders and has been transformed from a fringe oddity to a truly global currency.
You owe it to yourself to get your hands on a copy of Digital Gold by Nathaniel Popper. This book is your backstage pass to the events that trace the history of Bitcoin. It is a very compelling and extensive narrative that gives a reader an inside glimpse at the heroes and villains of Bitcoin’s brief history.
I am convinced of the prospects of Bitcoin and the vast potential it offers. And just to make you realise how rewarding Bitcoin can be, you would worth a few millions in USD at the current price of about USD650 for a Bitcoin if you have invested a meagre $100 in Bitcoins in its early days!