Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF)

summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper

summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper Nathaniel Popper ✓ 3 characters Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money review ↠ 3 A New York Times technology and business reporter charts the dramatic rise of Bitcoin and the fascinating personalities who are striving to create a new global money for the Internet ageDigital Gold is New York Times reporter Nathaniel Popper’s brilliant and engrossing history of Bitcoin the landmark digital money and financial technology that has spawned a global social movementThe notion of a new currency maintained by the comput. Hacking the Central BanksIf there is only time to read one book about Bitcoin this should be the one Bitcoin is not just a practical technology it is also a philosophy and an economic ideology Popper gives a reasonable nod to all three Arguably it is the last which has proven essential in its initial successes but which has now run out of steam But like all philosophies it has a problem As a self contained system Bitcoin is a masterwork of self verifying logic This logic is an ingenious combination of Kantian analysis the blockchain is a giant double entry ledger which automatically identifies errors and Hegelian dialectics any blockchain can only be integrated into the system through competitive trial and error toward the solution of a mathematical problem and Lockean consensus if there is disagreement about who wins in block competition the consensus within the network rules There is even a nod to Leibnizian monadology the encryption of the blockchain allows an extreme compression of the entire ledger so that it an be stored simultaneously throughout the network of Bitcoin users This combination of four philosophical solutions to the problem of integrity makes Bitcoin itself but not necessarily its software tamper proof Economically this means perfect efficiency zero fraud virtually no transaction cost and almost instantaneous execution of transactions well ten minutes Ideologically libertarians see this as a way to become independent of central banks which may be tempted either to debase the currency the maximum Bitcoin supply is 21 million an amount which will be approached only asymptotically at a predictable rate or to control where and when it can be used there is no effective way to control cross border flows of Bitcoin since they never leave the ledger The problem arises not within the system but in the relation of the system to any other monetary system This connection inevitably involves brokers and dealers and exchanges and traders which are not covered as it were by the Bitcoin guarantee of integrity or insulation from outside authority So to the extent Bitcoin is accepted as a convention it is indeed significant But getting into it or out of it is fraught with the same dangers inefficiencies and regulatory arbitrariness as any other currency And as long as governments don t accept Bitcoin in payment of taxes which makes fiat currency currency Bitcoin is a monetary sideshow mostly of interest to the underworld not necessarily criminal which is forced to hack the currently dominant monetary system to survive This alone is likely to be sufficient to ensure Bitcoin a place in economic and social historyPostscript After posting this review this one day conference at MIT was announced The technology is clearly advancing way beyond Bitcoin The Life Tree Poems reporter charts the dramatic The Painter rise of Bitcoin and the fascinating personalities who are striving to create a new global money for the Internet ageDigital Gold is New York Times یزید reporter Nathaniel Popper’s brilliant and engrossing history of Bitcoin the landmark digital money and financial technology that has spawned a global social movementThe notion of a new currency maintained by the comput. Hacking the Central BanksIf there is only time to Berlin FeuerlandRoman eines Aufstands read one book about Bitcoin this should be the one Bitcoin is not just a practical technology it is also a philosophy and an economic ideology Popper gives a The Year's Best Horror Stories 15 reasonable nod to all three Arguably it is the last which has proven essential in its initial successes but which has now The Year's Best Horror Stories 15 run out of steam But like all philosophies it has a problem As a self contained system Bitcoin is a masterwork of self verifying logic This logic is an ingenious combination of Kantian analysis the blockchain is a giant double entry ledger which automatically identifies errors and Hegelian dialectics any blockchain can only be integrated into the system through competitive trial and error toward the solution of a mathematical problem and Lockean consensus if there is disagreement about who wins in block competition the consensus within the network Hottest Mess rules There is even a nod to Leibnizian monadology the encryption of the blockchain allows an extreme compression of the entire ledger so that it an be stored simultaneously throughout the network of Bitcoin users This combination of four philosophical solutions to the problem of integrity makes Bitcoin itself but not necessarily its software tamper proof Economically this means perfect efficiency zero fraud virtually no transaction cost and almost instantaneous execution of transactions well ten minutes Ideologically libertarians see this as a way to become independent of central banks which may be tempted either to debase the currency the maximum Bitcoin supply is 21 million an amount which will be approached only asymptotically at a predictable Hottest Mess rate or to control where and when it can be used there is no effective way to control cross border flows of Bitcoin since they never leave the ledger The problem arises not within the system but in the Hitler relation of the system to any other monetary system This connection inevitably involves brokers and dealers and exchanges and traders which are not covered as it were by the Bitcoin guarantee of integrity or insulation from outside authority So to the extent Bitcoin is accepted as a convention it is indeed significant But getting into it or out of it is fraught with the same dangers inefficiencies and Hidden regulatory arbitrariness as any other currency And as long as governments don t accept Bitcoin in payment of taxes which makes fiat currency currency Bitcoin is a monetary sideshow mostly of interest to the underworld not necessarily criminal which is forced to hack the currently dominant monetary system to survive This alone is likely to be sufficient to ensure Bitcoin a place in economic and social historyPostscript After posting this Luther review this one day conference at MIT was announced The technology is clearly advancing way beyond Bitcoin

review Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent MoneyDigital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money

summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper Nathaniel Popper ✓ 3 characters Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money review ↠ 3 Ers of users around the world has been the butt of many jokes but that has not stopped it from growing into a technology worth billions of dollars supported by the hordes of followers who have come to view it as the most important new idea since the creation of the Internet Believers from Beijing to Buenos Aires see the potential for a financial system free from banks and governments More than just a tech industry fad Bitcoin has thr. I picked up this book after seeking recommendations on what to read to gain a better understanding of bitcoin and how it works I didn t expect it to be a blow by blow account and history on the invention of bitcoin by the still mysterious Satoshi Nakamoto and the numerous personalities and uite a few oddballs amongst them behind the success story of cryptocurrency To be fair even though the book did not meet my expectations of what I am looking for this is a very thorough and well researched book on the rise of bitcoin which can be pretty entertaining at times Warum macht die Nudel dumm? recommendations on what to The Rapids of a Great River read to gain a better understanding of bitcoin and how it works I didn t expect it to be a blow by blow account and history on the invention of bitcoin by the still mysterious Satoshi Nakamoto and the numerous personalities and uite a few oddballs amongst them behind the success story of cryptocurrency To be fair even though the book did not meet my expectations of what I am looking for this is a very thorough and well Tracking Globalization researched book on the Fundamentals of Deep Learning rise of bitcoin which can be pretty entertaining at times

summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper

summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper Nathaniel Popper ✓ 3 characters Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money review ↠ 3 Eatened to decentralize some of society’s most basic institutionsAn unusual tale of group invention Digital Gold 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 Already Bitcoin has led to untold riches for some and prison terms for others. Digital Gold by Nathaniel Popper is a excellent introduction to the development of Bitcoin and digital currencies up to the year 2015 And it is a fun story to read with a number of interesting people This book would make a great movie I recommend this book to anyone who would like a good introduction to Bitcoin Rating 4 out of 5 stars Notes Audiobook Narrated by Robert Fass Length 10 hours and 49 minutes Unabridged Audiobook Release Date 2015 05 19 Publisher HarperAudio


10 thoughts on “Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF)

  1. says: review Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) Nathaniel Popper ✓ 3 characters

    Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) Hacking the Central BanksIf there is only time to read one book about Bitcoin this should be the one Bitcoin is not just a practical technology it is also a philosophy and an economic ideology Popper gives a reasonable nod to all three Arguably it is the last which has proven essential in its initial successes but which has now run out of steam But like all philosophies it has a problem As a self contained sys

  2. says: summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) Nathaniel Popper ✓ 3 characters

    review Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper Popper delivers a whirlwind tour of almost all dramatis personae in the rise of Bitcoin over the past 5 years He seems to have gotten

  3. says: summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper Nathaniel Popper ✓ 3 characters review Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money

    Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) Hacking the Central BanksIf there is only time to read one book about Bitcoin this should be the one Bitcoin is not just a practica

  4. says: review Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper

    summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) I picked up this book after seeking recommendations on what to read to gain a better understanding of bitcoin and how it works I didn't expect it to be a blow by blow account and history on the invention of bitcoin by the

  5. says: Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF)

    Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) If you’ve ever thought much about money you may have wondered what gives it its value especially if you’re aware that Richard Nixon took the dollar off the Gold Standard than forty years ago And if you’re at all involv

  6. says: Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) review Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money

    Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) When innovation proves disruptive money follows This book is revealing how capital shapes the recognition of digital currency Definitely a good read

  7. says: Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF)

    Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) Nathaniel Popper ✓ 3 characters Digital Gold by Nathaniel Popper is a excellent introduction to the development of Bitcoin and digital currencies up to the year 2015 And it is a fun story to read with a number of interesting people This book wo

  8. says: Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper

    Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper If you’re like me before reading this book you’ve heard of the digital money called Bitcoin only when it’s gotten negative press Honestly

  9. says: Nathaniel Popper ✓ 3 characters summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper review Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money

    summary ´ eBook or Kindle ePUB ✓ Nathaniel Popper Nathaniel Popper ✓ 3 characters review Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money A great book for understanding the history of bitcoin technical aspects and the history of its developmentIt helps one ap

  10. says: Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) review Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money

    review Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money (PDF) Nathaniel Popper ✓ 3 characters I was worried that the book would already be outdated but it was just an origin story and a stellar one at that However I would really love an update given the insanity that is the bitcoin and ICO market today A lot of the book was

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  • Hardcover
  • 416
  • Digital Gold Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
  • Nathaniel Popper
  • English
  • 10 October 2020
  • 9780062362490