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In the space of a few years, Bitcoin has gone from an idea ignored or maligned by almost everyone to an asset with a market cap of more than $12 billion. Venture capital firms, Goldman Sachs, the New York Stock Exchange, and billionaires such as Richard Branson and Peter Thiel have invested more than $1 billion in companies built on this groundbreaking technology. Bill Gates has even declared it ¿better than currency¿.
The pioneers of Bitcoin were twenty-first-century outlaws ¿ cryptographers, hackers, Free Staters, ex-cons and drug dealers, teenage futurists and self-taught entrepreneurs ¿ armed with a renegade ideology and a grudge against big government and big banks. Now those same institutions are threatening to co-opt or curtail the impact of digital currency. But the pioneers, some of whom have become millionaires themselves, aren¿t going down without a fight. Sweeping and provocative,
How Money Got Free reveals how this disruptive technology is shaping the debate around competing ideas of money and liberty, and what that means for our future.
About the author
Brian Patrick Eha is a former editor at
Entrepreneur and a journalist who has spent nearly five years following the rise of Bitcoin. His work has been published by the
New Yorker, the
Atlantic,
Fortune,
CNNMoney,
American Banker,
Outside,
Port,
Avaunt, and the
Los Angeles Review of Books, among other publications. He lives in New York City.
Summary
The captivating story of how the future of money was born and where it’s taking us next
