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Rating: 
Amazon Price: £4.99 (as of April 26, 2018 4:39 am – Details). Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on the Amazon site at the time of purchase will apply to the purchase of this product.

Also available on amazon.com for £4.99 (as of April 16, 2018 2:47 am – Details). Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on the Amazon site at the time of purchase will apply to the purchase of this product.

Following the economic crisis of 2008, the website ‘bitcoin.org’ was registered by a mysterious computer programmer called Satoshi Nakamoto. A new form of money was born: electronic cash. Does Bitcoin have the potential to change how the world transacts financially? Or is it just a passing fad, even a major scam?

In Bitcoin: The Future of Money?, MoneyWeek’s Dominic Frisby's explains this controversial new currency and how it came about, interviewing some of the key players in its development while casting light on its strange and murky origins, in particular the much-disputed identity of Nakamoto himself.

Economic theory meets whodunnit mystery in this indispensable guide to one of the most divisive innovations of our time.

Product Details

  • Format: Kindle Edition
  • File Size: 1533 KB
  • Print Length: 305 pages
  • Publisher: Unbound Digital (1 Nov. 2014)
  • Sold by:  Amazon Media EU S.à r.l.
  • Language: English
  • ASIN: B00VSVBIXS
  • Text-to-Speech: Enabled
  • X-Ray: Not Enabled
  • Word Wise: Enabled
  • Enhanced Typesetting: Not Enabled

Customer Reviews

Crisply and entertainingly written

2 people found this helpful.
 on 29 January 2015
By Mondoro
An entertaining but not too technical book that exposes the basic weaknesses of monetary policy over the past 80 years, and makes a case for a new dispensation in which the middlemen exchange dealers are eliminated to the benefit of consumers. The author is aware of two basic difficulties that face virtual currencies, their use in illegal drugs and arms sales, and the speculation in their value relative to US dollars et cetera which has deterred many from using them. The first may in fact be impossible to regulate without outside intervention, which of course would threaten the ethos of bitcoins, and arguably this is a severe and possibly fatal limitation. The second has occurred throughout history when something valuable has come onto the market encouraging speculation and other forms of manipulation, but as Frisby points out this volatility will even out in the long run. The author noted that a few people seem to have accumulated rather a lot of bitcoins which at the moment seem to be residing on computer hard drives. It is thus difficult to see how the bitcoin phenomenon will escape the centralisation of real currency/wealth which has been a feature of modern capitalism.

Great research & background

2 people found this helpful.
 on 15 July 2017
By Muirian
Very interesting!

Essential reading

 on 14 March 2018
By Andrew
Fascinating look into the background and culture of cryptocurrency. Written for a non-technical audience, but will still be of interest to any techy looking to understand the origins and wider implications of digital money. There is already a significant paradigm shift around our modern economy and how we view money. Cryptocurrency will undoubtedly be at the center of this shift for decades to come. Essential reading for anyone who uses money and the internet.

A book everyone should be reading

One person found this helpful.
 on 22 September 2017
By Eric Jones
A very well written account of the history of Bitcoin so far. Dominic has evidently done extensive research into the topic and has resulted in a thoroughly enjoyable read on a subject that I think everyone should be making themselves aware about right now. Excellent.

A Must Read

2 people found this helpful.
 on 4 July 2017
By John McKay – Author of One Brit One Bike One Big Country
As a complete novice to crypto I found this book to be absolutely fascinating! I could hardly put it down. I’d compliment the author for his excellent writing style and superb research into his subject. Well done Dominic!

Nicely written

One person found this helpful.
 on 26 July 2017
By max zachariades
The author went out of his way to research this topic in depth. He has interviewed some top players, many of them in the U.K. It’s a good read. One caveat with books like these is that they age really quickly though.

Understanding Bitcoin

2 people found this helpful.
 on 15 July 2017
By Kindle Customer
It’s easy to read and understand (most of it). I liked to know the reasons behind Bitcoin and the people who developed it. I would recommend this book to someone who wants to understand Bitcoin, its evolution and possible consequences in an very amusing way.

Bitcoin, Blockchain and beyond!

One person found this helpful.
 on 10 November 2014
By Michael @BitcoinByte
Bitcoin is the first and best known example of a cryptocurrency, a decentralised peer- 2-peer system that uses the principles of cryptography to allow (monetary) value to be exchanged digitally without any middleman such as a government or bank.

Excellent introduction

One person found this helpful.
 on 29 September 2017
By Bluespot Knee Clinic
Excellent introduction which is easy to read on a Saturday. Gives unbiased (almost) insight into the fast changing world of cryptocurrencies.
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