Why Buy Bitcoin: Investing Today in the Money of Tomorrow

by Andy Edstrom

Some people still view Bitcoin as a startup. But despite being declared dead many times by the mainstream media, Bitcoin grows stronger every year. What’s going on? It’s not too late to learn about Bitcoin and invest. Bitcoin’s value has grown exponentially over multiple boom and bust cycles spanning a decade. Bitcoin is an Internet-native phenomenon like Alibaba, Amazon, Apple, Facebook, Google, Netflix, Microsoft, and Tencent. It therefore benefits from the “network effect” which makes it dramatically more valuable as the network grows. But its potential value is much larger than the giant Internet companies we know so well. If Bitcoin reaches that potential, its value could rise by 50 times its current price in the coming decade. This book will help you understand the role of money in our society, the current state of debt in our economy, and how Bitcoin provides a better solution.

Genres: Economics, Nonfiction, Finance

208 pages, Kindle Edition

Published September 3, 2019

Reviews

[Simon Stojanovski]

Picked this up expecting hype, memes, and someone yelling “FIAT!” like it’s a jump scare.
Instead, Andy Edstrom calmly dismantles money like an adult who’s read history and isn’t trying to sell me a hoodie.

No moon talk. No laser eyes. Just a clear, slightly uncomfortable argument for why Bitcoin might actually matter, and why the current system isn’t as solid as we pretend.

[Nami]

This book gave the basic understanding of bitcoin in different kind of aspects. Must read if you're starting out to learn more about cryptocurrency and its technology.

[J]

This is a very well-written, thoroughly-researched book. It can get very technical in places, and that is necessary in order to grasp what Bitcoin is. Would recommend.

[JJ Vancil]

I have been looking for a clear, simple and concise book on Bitcoin. This is it!

[Cedrick Jasmin]

My second book regarding Bitcoin after The Bitcoin Standard.

Super easy to read and convenient for most readers no matter their level on the subject.

[Oluwafemi]

interesting book about bitcoin some basics were learnt