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Crypto Crackup

2023-09-26 Business & Economics
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Release : 2023-09-26
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Crypto Crackup by : Ash Bennington

Download or read book Crypto Crackup written by Ash Bennington. This book was released on 2023-09-26. Available in PDF, EPUB and Kindle. Book excerpt: Sam Bankman-Fried—better known as SBF—was at the top of the world and lauded as a leading figure in cryptocurrency, an industry whose popularity has exploded over the past few years. He was being compared to the legendary financier J.P. Morgan and sometimes even rumored to have the potential to become the world’s first trillionaire. He built a crypto empire with trading firm Alameda Research and crypto exchange FTX, which became one of the world’s largest. He attracted leading investors and walked the corridors of power in Congress. Then, seemingly within days, everything collapsed. FTX went bankrupt, and SBF was arrested, extradited from the Bahamas to the United States, and charged with multiple counts of fraud and other criminal offenses. The world was gripped but left wondering: How did SBF burst onto the scene and take the crypto world by storm only to come crashing down? What makes his case so special? And what does effective altruism have to do with it? Crypto Crackup explores his early days—his road from traditional finance to setting up Alameda and FTX, to the massive crash that swept both away and left SBF potentially facing decades in prison. Crypto Crackup will help you better understand SBF’s spectacular journey, even if you know little to nothing about crypto. If you want to understand more about SBF, how FTX’s bankruptcy left a mess that’s been described as “worse than Enron,” and why so much of this played out on Twitter—this book is for you.

Kings of Crypto

2020-12-15 Business & Economics
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Release : 2020-12-15
Genre : Business & Economics
Kind : eBook
Book Rating : 197/5 ( reviews)

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Book Synopsis Kings of Crypto by : Jeff John Roberts

Download or read book Kings of Crypto written by Jeff John Roberts. This book was released on 2020-12-15. Available in PDF, EPUB and Kindle. Book excerpt: "Tech writer Roberts debuts with a page-turning account of the rise of cryptocurrency exchange Coinbase from the Y Combinator startup incubator to becoming a 'pillar of the larger crypto economy.'" — Publisher's Weekly For a moment late in 2018, one bitcoin, which physically amounts to a few electrons blipping on a tiny bit of silicon, was worth $20,000—the same as a pound of gold. Libertarian technologists who believed bitcoin would be the foundation of a new world order saw the moment as an apotheosis. Everyone else saw a bubble. Everyone else was right, and the bubble burst. But bitcoin survived, and the battle for its soul rages on. Kings of Crypto drops us into the unfolding drama, tracing the rise, fall, and rebirth of cryptocurrency through the experiences of major players across the globe. We follow Silicon Valley entrepreneur Brian Armstrong and the turbulent rocket ride of his startup, Coinbase, as he tries to take bitcoin mainstream while fighting off hackers, thieves, and zealots. Author Jeff John Roberts keenly observes the world of virtual currencies and what happens when startups try to disrupt the world of high finance. Clear explanations of crypto technology are woven into an amazing landscape full of meme-fueled startup hijinks, hacking (so much hacking!), shady investors, government investigations, billionaire bros and their Lambos, and closed-door meetings with Jamie Dimon. This is the surprising story of the origins of cryptocurrency and how it is changing money forever.

Cryptomania

2021-03-17 Business & Economics
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Release : 2021-03-17
Genre : Business & Economics
Kind : eBook
Book Rating : 987/5 ( reviews)

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Book Synopsis Cryptomania by : Adhiraj Pal

Download or read book Cryptomania written by Adhiraj Pal. This book was released on 2021-03-17. Available in PDF, EPUB and Kindle. Book excerpt: This book is a One-Stop-Shop for Crypto Enthusiasts and even for the people who are curiously seeking knowledge about the Crypto world. This book is purely based on the Author’s research and experience in the Crypto market, the agenda of this book is to promote knowledge in the field of Crypto technology and what it is actually based on. Rather than approaching it as a gambling market, this book will help you to invest your thoughts in the Technology and the Revolution which the crypto world is setting for our future. The author has explained, “Who was the mystery man, SATOSHI NAKAMOTO?”, “Why was BITCOIN Created?”, “What is DOGECOIN?”, “How can one start their own Cryptocurrency?”, “Opinion of the Global Personalities on Cryptocurrency”, Is it a SCAM?”. To make the understanding of the purpose of Cryptocurrency better, the author has explained the concept of money and how it became so valuable. This book talks about the Blockchain technology, which the author thinks will revolutionize the Digital transactions of the world, as it has untapped potential and a lot to experiment with.

Number Go Up

2024-10-01 Business & Economics
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Release : 2024-10-01
Genre : Business & Economics
Kind : eBook
Book Rating : 837/5 ( reviews)

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Book Synopsis Number Go Up by : Zeke Faux

Download or read book Number Go Up written by Zeke Faux. This book was released on 2024-10-01. Available in PDF, EPUB and Kindle. Book excerpt: The “rollicking” (The Economist), “masterfully written” (The Washington Post) account of the crypto delusion, and how Sam Bankman-Fried and a cast of fellow nerds and hustlers turned useless virtual coins into trillions of dollars—hailed by Ezra Klein in The New York Times as one of the “Books That Explain Where We Are” FINALIST: the Edgar Award (Fact Crime), the Macavity Award (Nonfiction), the Porchlight Business Book Award • A BEST BOOK OF THE YEAR: The New York Times DealBook, The Washington Post, Los Angeles Times, Financial Times, The Globe and Mail, Irish Examiner, Morningstar, The Verge, Wired In 2021 cryptocurrency went mainstream. Giant investment funds were buying it, celebrities like Tom Brady endorsed it, and TV ads hailed it as the future of money. Hardly anyone knew how it worked—but why bother with the particulars when everyone was making a fortune from Dogecoin, Shiba Inu, or some other bizarrely named “digital asset”? As he observed this frenzy, investigative reporter Zeke Faux had a nagging question: Was it all just a confidence game of epic proportions? What started as curiosity—with a dash of FOMO—would morph into a two-year, globe-spanning quest to understand the wizards behind the world’s new financial machinery. Faux’s investigation would lead him to a schlubby, frizzy-haired twenty-nine-year-old named Sam Bankman-Fried (SBF for short) and a host of other crypto scammers, utopians, and overnight billionaires. Faux follows the trail to a luxury resort in the Bahamas, where SBF boldly declares that he will use his crypto fortune to save the world. Faux talks his way onto the yacht of a former child actor turned crypto impresario and gains access to “ApeFest,” an elite party headlined by Snoop Dogg, by purchasing a $20,000 image of a cartoon monkey. In El Salvador, Faux learns what happens when a country wagers its treasury on Bitcoin, and in the Philippines, he stumbles upon a Pokémon knockoff mobile game touted by boosters as a cure for poverty. And in an astonishing development, a spam text leads Faux to Cambodia, where he uncovers a crypto-powered human-trafficking ring. When the bubble suddenly bursts in 2022, Faux brings readers inside SBF’s penthouse as the fallen crypto king faces his imminent arrest. Fueled by the absurd details and authoritative reporting that earned Zeke Faux the accolade “our great poet of crime” (Money Stuff columnist Matt Levine), Number Go Up is the essential chronicle, by turns harrowing and uproarious, of a $3 trillion financial delusion.

Crack-Up Capitalism

2023-04-04 Business & Economics
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Release : 2023-04-04
Genre : Business & Economics
Kind : eBook
Book Rating : 902/5 ( reviews)

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Book Synopsis Crack-Up Capitalism by : Quinn Slobodian

Download or read book Crack-Up Capitalism written by Quinn Slobodian. This book was released on 2023-04-04. Available in PDF, EPUB and Kindle. Book excerpt: A Fortune best nonfiction book of 2023 In a revelatory dispatch from the frontier of capitalist extremism, an acclaimed historian of ideas shows how free marketeers are realizing their ultimate goal: an end to nation-states and the constraints of democracy. Look at a map of the world and you’ll see a colorful checkerboard of nation-states. But this is not where power actually resides. Over the last decade, globalization has shattered the map into different legal spaces: free ports, tax havens, special economic zones. With the new spaces, ultracapitalists have started to believe that it is possible to escape the bonds of democratic government and oversight altogether. Crack-Up Capitalism follows the most notorious radical libertarians—from Milton Friedman to Peter Thiel—around the globe as they search for the perfect space for capitalism. Historian Quinn Slobodian leads us from Hong Kong in the 1970s to South Africa in the late days of apartheid, from the neo-Confederate South to the former frontier of the American West, from the medieval City of London to the gold vaults of right-wing billionaires, and finally into the world’s oceans and war zones, charting the relentless quest for a blank slate where market competition is unfettered by democracy. A masterful work of economic and intellectual history, Crack-Up Capitalism offers both a new way of looking at the world and a new vision of coming threats. Full of rich details and provocative analysis, Crack-Up Capitalism offers an alarming view of a possible future.

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