Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money, by Nathaniel Popper
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Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money, by Nathaniel Popper
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New York Times Book Review Editor’s Choice
SHORTLISTED FOR THE 2015 FINANCIAL TIMES AND MCKINSEY BUSINESS BOOK OF THE YEAR
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 age.
Digital 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 movement.
The notion of a new currency, maintained by the computers 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 threatened to decentralize some of society’s most basic institutions.
An 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: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money, by Nathaniel Popper- Amazon Sales Rank: #85275 in Books
- Brand: Popper, Nathaniel
- Published on: 2015-05-19
- Released on: 2015-05-19
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x 1.29" w x 6.00" l, 1.23 pounds
- Binding: Hardcover
- 416 pages
- Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
Review “An amazing story. Bitcoin is about to transform both finance and how we use the internet, and this fascinating book chronicles its unlikely genesis. Popper has produced a riveting tale filled with colorful innovators that is crucial reading for anyone who wants to understand the future.” (Walter Isaacson, author of The Innovators)“Bitcoin may be a product of computer science, but it is a very human story. This highly entertaining history reminds us yet again that truth can be stranger than fiction and can be peopled with even more unusual and compelling characters.” (Larry Summers, former Secretary of the Treasury)“So, yes, it’s a totally awesome book” (Justin Fox, Bloomberg)“This excellent work is the book on Bitcoin you’ve been waiting for” (Tyler Cowen, Marginal Revolution)“An elegant, thrilling tour-de-force. . . . Nathaniel Popper gives us a front-row seat on the origins of Bitcoin and its captivating cast of characters. The fast-paced action never stops.” (William D. Cohan, author of House of Cards)“Finally, the book so many of us have been waiting for: A riveting and smart account of the strange history of Bitcoin. You’ll start knowing nothing about Bitcoin and finish with deep knowledge, but you won’t realize you’re learning along the way -- you’ll just think it’s a lot of fun.” (Adam Davidson, co-founder of NPR's Planet Money)“An engrossing introduction to one of the most transformative innovations in finance of the last few decades. Digital Gold paints a vivid portrait of the economics and technology of Bitcoin as well as the people behind it.” (Susan Athey, The Economics of Technology Professor, Stanford Graduate School of Business and Winner of the John Bates Clark Medal in Economics)“The most compelling and in-depth investigation into the world of Bitcoin and digital currency. Nathaniel Popper charts Bitcoin’s fascinating transformation from fringe oddity to a truly global currency. If you want to understand the future of money, read this book.” (Joshua Davis, author of Spare Parts)“Nathaniel Popper’s new book, Digital Gold, is as close as you can get to being the definitive account of the history of Bitcoin.” (Felix Salmon, Fusion)“An engrossing look at a system creatively designed to bring money into the 21st century.” (Library Journal)“Necessary reading” (Bethany McLean, New York Times Book Review)“Digital Gold is as strong a narrative achievement as a reporting one” (Chris Wilson, Bookforum)“A vivid guide to the characters who met online and built bitcoin” (John Gapper, Financial Times)“It’s a tale told quickly and well” (John Biggs, TechCrunch)“An impressive accomplishment” (Tim Fernholz, Quartz)“Bitcoin may be inherently speculative, but Digital Gold is a sound investment” (Edward Chancellor, Reuters)“A family saga... structured like a tech thriller” (John Naughton, The Guardian)
From the Back Cover
SHORTLISTED FOR THE 2015 FINANCIAL TIMES AND MCKINSEY BUSINESS BOOK OF THE YEAR
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 age.
Digital 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 movement.
The notion of a new currency, maintained by the computers 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 threatened to decentralize some of society’s most basic institutions.
An 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.
About the Author
Nathaniel Popper is a reporter at The New York Times. Before joining The Times, he worked at the Los Angeles Times and the Forward. Nathaniel grew up in Pittsburgh and is a graduate of Harvard College. He lives in Brooklyn with his family.
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Most helpful customer reviews
16 of 16 people found the following review helpful. Excellent journalism about bitcoin subculture By Cemil Sinasi Turun This book is standing out among other bitcoin books recently published in one important difference: This one is the result of genuine journalism. The writer is not here for attracting the techie crowd who are interested in the fortunes of mining bitcoins every 10 minutes or so. But he does a very good job of digging all the key people (arguably even the main character. Mr Satoshi himself) and putting events in a time-line starting from day one, from early 2009.Before this book, I read three other bitcoin/blockchain books, watched the documentary (The Rise and Rise of Bitcoin) and read lots of web site articles and blogs. I heard lots of things about the main characters, Satoshi, Gavin, Hal, Ross, Erik, Wences, Winkelvii, Charlie etc. but after Popper's book, all of them are now linked in an organized story line and they came alive in my mind. In a way this book reads like fiction, almost like the script of an HBO mini series. But all of the events are real and the characters are actual living human beings, sometimes with sad endings.I wonder if the FBI had ever used description of some events in this book as evidence? Or just the opposite, did Popper use legal documents or police reports. How on the earth did he find out all the details of the life of the founder of Silk Road? (Like the thoughts of his former girl firends) Or details about the "super secret" meeting of Allen & Co? Wow! I am shocked, this is journalism at its best, applied to a favourite but difficult to understand contemporary subject.Bottom line: The book is an example of very fine writing and detailed reporting of the bitcoin subculture. Not a book to learn how to mine bitcoins or where to buy them.
18 of 19 people found the following review helpful. Fascinating stories about people who created Bitcoin By Bhagwan Chowdhry I have been studying Bitcoin and Cryptocurrencies for some time now and wondered if another book on the subject will be interesting enough or have enough fresh material to keep me engaged. Digital Gold is fascinating. It reads like a fast paced thriller. Those who know only a little, or a lot, about Bitcoin and its origins would love it. Nathaniel Popper's narration makes the stories and characters involved come alive.
12 of 14 people found the following review helpful. Engaging read and very informative about the roots and future ... By Luke Pennig Engaging read and very informative about the roots and future of Bitcoin told from the perspective of the characters involved. It is accessible to someone who is not actively engaged in digital currency but is still interested in learning.
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