Overview

Bitcoin, the landmark digital money and financial technology, has spawned a global social movement with utopian ambitions. 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, and a new global money for the digital age. An unusual tale of group invention, Digital Gold tells the story of the colorful characters who have built Bitcoin, including a Finnish college student, an Argentinian millionaire, a Chinese entrepreneur, Tyler and Cameron Winklevoss, Bitcoin's elusive creator, Satoshi Nakamoto, and the founder of the Silk Road online drug market, Ross Ulbricht.

With Digital Gold, New York Times reporter Nathaniel Popper offers a brilliant and engrossing account of this new technology one filled with dramatic booms and busts that have led to untold riches for some and prison terms for others. But at each step of the way, Bitcoin has provided one of the most fascinating tests of how money works, who benefits from it, and what it might look like in the future."

Editorial Reviews
  • 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
  • Many believe that Bitcoin is all about the algorithm: that its magnetic personalities are less important than its mathematical principles. Digital Gold is deeply-reported disproof of any such theory. Whether Bitcoin succeeds or fails will be due to the actions of the people in this book.--Felix Salmon, senior editor, Fusion
  • 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
  • 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
  • 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
  • An engrossing look at a system creatively designed to bring money into the 21st century. --Library Journal
  • So, yes, it s a totally awesome book --Justin Fox, Bloomberg
  • Necessary reading --Bethany McLean, New York Times Book Review
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.

 

Product Details
Author:  Nathaniel Popper
ISBN:  0062362496   
Publisher:  Harper
Publish Date:  May 19, 2015
Pages:  416 pages
Dimensions:   1.3" H x 9.3" L x 6.3" W (1.2 lbs) 

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


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