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The promise of bitcoin the future of money and how it can work for you

"From the cofounder of the longest-running bitcoin exchange comes a compelling argument for how this digital currency will transform the global economy-and how it can work for you. Bitcoin may be the best investment opportunity of our time, yet most people have yet to understand its promise. In this...

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Main Author: Lee, Bobby C. (Author)
Format: Books Print Book
Language:English
Published: New York : McGraw Hill, [2021]
Subjects:
Electronic funds transfers.
Bitcoin.
Finance > Data processing.
Financial instruments.
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Summary:"From the cofounder of the longest-running bitcoin exchange comes a compelling argument for how this digital currency will transform the global economy-and how it can work for you. Bitcoin may be the best investment opportunity of our time, yet most people have yet to understand its promise. In this book, Bobby Lee, one of the earliest, most successful pioneers in the cryptocurrency space, debunks myths and dispels fears that surround bitcoin, arguing that this rational, logical system is superior to traditional monetary systems. Lee cites signs of bitcoin's widening acceptance: a growing community of users worldwide and multiple initiatives for investing in and holding bitcoin among major financial services organizations and institutional investors who control trillions in assets. Lee offers a primer on the best strategies for purchasing and investing in this digital currency. He discusses the pros and cons, and covers the more complicated method of acquiring bitcoin, mining. He predicts developments in regulation, technology, business, and society that will lead to bitcoin's price increasing 500 percent over the next two decades. In the wake of the current economic crisis, Lee calls on consumers to embrace a technology that will not only increase their wealth but make their lives easier"--
Physical Description:xxv, 272 pages; 24 cm
Bibliography:Includes bibliographical references (pages 255-264) and index.
ISBN:9781260468670
1260468674
Author Notes:Bobby C. Lee is the founder and CEO of Ballet, a startup that provides user-friendly physical wallets for storing cryptocurrency. His first startup was BTCChina, China's first bitcoin exchange. He exited the business after its successful acquisition in January 2018. Lee serves on the board of the Bitcoin Foundation, a nonprofit organization that builds awareness of Bitcoin. Before founding BTCChina, Lee was vice president of technology at Walmart. He started his tech career in Silicon Valley as a software engineer at Yahoo!, where he led the development of the earliest online communities. He has been interviewed as a digital currency expert by the BBC, Bloomberg, Business Insider, CNBC, CoinDesk, The Economist, Financial Times, Forbes, New York Times, Reuters, Wall Street Journal, and Washington Post.

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