The digital currency founded by Satoshi Nakamoto in 2009 challenges everything we've come to accept about money, financial institutions, and even government. The currency is anonymous and can be traded internationally-without the fees, government regulation, and oversight by banks and government-backed securities. But Bitcoin is not without risk-the currency's value has fluctuated wildly since inception, and $400 billion suddenly disappeared overnight with the fall of Mt.Gox. Bitcoin: Everything You Need to Know About the Digital Currency Revolution provides a detailed look at the impact and future implications of digital currency. CNNMoney.com's Jose Pagliery details digital currency's origins, how the system works, and how Bitcoin is used today. The book also examines the economic impact of a digital, global currency, including perspectives from free market proponents such as Ron Paul to federal regulators who defend the need for central banks. Pagliery also explores the dark side of Bitcoin, including interviews with the FBI and a Bitcoin entrepreneur currently in federal prison. Bitcoin is essential reading for anyone looking to understand a financial innovation that will forever change how we think about money.
Jose Pagliery covers technology for CNNMoney.com. He has covered the growth of Bitcoin, penning dozens of articles on digital currency, and has written for the Atlanta Journal-Constitution, the Daily Business Review, and the Miami Herald. He lives in New York City.
Bitcoin and the Future of Money
By Jose Pagliery
Contact: Michael Michalak, Triumph Books. 312.676.4243, firstname.lastname@example.org
What is Bitcoin? Is it real money? Most people struggle to answer such questions. In the simplest terms, Bitcoin is an electronic form of money--and as a digital currency, it challenges everything that we have come to understand about money, financial institutions and even the government. Bitcoin and the Future of Money (Triumph Books, September 2014) dives into the inner workings of Bitcoin and explains where it originated, how it works and what it means for the future of currency.
Bitcoin and the Future of Money puts this technology in context, explaining how something you cannot feel or touch could have the power to transform how we interact, do business, pay bills and get paid. Its ability to be traded internationally without fees, oversight by banks or government-backed securities makes it obvious that the freedom offered by Bitcoin comes with many benefits. Bitcoin and the Future of Money also explores the risks associated with money that’s entirely independent of established, trusted institutions. This book gives a behind the scenes look into Bitcoin, including:
- Its mysterious and humble origin story
- How $400 million dollars could disappear overnight
- How and why its value has fluctuated widely since its inception
- The political and economic impact of a digital and global currency
For all those who wish to truly understand Bitcoin, and what it could mean for the future, Bitcoin and the Future of Money, is the book for you.
About the Author:
Jose Pagliery writes about technology for CNNMoney. He has covered the growth of Bitcoin, penning dozens of articles on digital currency. He has written for the Atlanta Journal-Constitution, the Daily Business Review, and the Miami Herald. He lives in New York City.