The Promise of Bitcoin: The Future of Money and How It Can Work for You
- 9h 24m 55s
- Bobby C. Lee
- McGraw-Hill
- 2022
A financial revolution is materializing before our eyes. The way individuals, organizations, and governments conduct transactions—from purchasing a book online to acquiring major corporations to delivering billions in financial aid—will look vastly different in the near future. Bitcoin is spearheading this revolution and may be the best investment opportunity of our time, yet most people have yet to understand its promise.
In this book, Bobby C. Lee, one of the earliest pioneers in the cryptocurrency space, debunks myths and dispels fears that surround Bitcoin, arguing that this rational, logical system is superior to traditional monetary systems. He cites signs of Bitcoin's widening acceptance: a growing community of users worldwide and multiple initiatives for investing in and holding Bitcoin among major financial services organizations and institutional investors who control trillions in assets.
Lee offers a primer on the best strategies for investing in this digital currency, the value of which will only continue to grow. He discusses the pros and cons, and covers the complicated yet more profitable method of acquiring Bitcoin, mining. He offers predictions for the future, including price, trajectory, use, and participation in the larger economy—as well as developments in regulation, technology, business, and society.
About the Author
Bobby C. Lee is the founder and CEO of Ballet, a startup that provides user-friendly physical wallets for storing cryptocurrency. His first startup was BTCChina, China’s first bitcoin exchange. He exited the business after its successful acquisition in January 2018. Lee serves on the board of the Bitcoin Foundation, a nonprofit organization that builds awareness of Bitcoin. Before founding BTCChina, Lee was vice president of technology at Walmart. He started his tech career in Silicon Valley as a software engineer at Yahoo!, where he led the development of the earliest online communities. He has been interviewed as a digital currency expert by the BBC, Bloomberg, Business Insider, CNBC, CoinDesk, The Economist, Financial Times, Forbes, New York Times, Reuters, Wall Street Journal, and Washington Post.
In this Audiobook
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Introduction: My Journey into Bitcoin
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Chapter 1 - BIRTH OF BITCOIN: SATOSHI’S GENIUS
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Chapter 2 - THE THREE HORSEMEN: MINING, WALLETS, AND EXCHANGES
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Chapter 3 - DARK UNDERBELLY OF THE FIAT BEAST
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Chapter 4 - WHY REGULATORS ARE SLOWING ADOPTION BUT SHOULDN’T
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Chapter 5 - LET’S GET PHILOSOPHICAL: MONEY IS A NATURAL RIGHT
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Chapter 6 - AN EVOLVING INDUSTRY
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Chapter 7 - MAY I SUGGEST YOU IGNORE THE TURBULENCE
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Chapter 8 - BITCOIN IS LESS VULNERABLE THAN YOU THINK
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Chapter 9 - FIVE OTHER MAJOR FEARS DECONSTRUCTED: FDIC, LOSS, REGULATION, MINING, AND GOVERNMENT
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Chapter 10 - A BETTER WAY OF DOING BUSINESS
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Chapter 11 - HOW TO INVEST: BITCOIN’S WORLD OF GREAT RESOURCES
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Chapter 12 - BITCOIN IS ONLY GOING UP
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Chapter 13 - FIFTEEN PREDICTIONS FOR THE WORLD OF CRYPTOCURRENCY
