Bitcoin: The Future of Money?

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n 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, what is bitcoin currency, bitcoin value, bitcoin investment and how to make money with bitcoin. 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.

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