The Promise of Bitcoin

The Future of Money and How It Can Work for You

Bobby Lee

$46.95

Hardback

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English

McGraw Hill
28 May 2021

Economics & Business; Business & management

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.

By: Bobby Lee
Imprint: McGraw Hill
Country of Publication: United States
ISBN: 9781260468670
ISBN 10: 1260468674
Pages: 304
Publication Date: 28 May 2021
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

Bobby Lee is among the leading and most recognizable figures in the cryptocurrency space. He is the founder and CEO of Ballet, a startup that provides a more user-friendly physical wallet for storing cryptocurrency. He is the cofounder of BTCC, the longest-running bitcoin exchange and leading financial platform worldwide. He also serves on the board of the Bitcoin Foundation, a nonprofit organization that has built wider awareness of bitcoin and ranks among the industry's most influential groups. Before founding BTCC, Lee was vice president of technology of Walmart. Previously, Lee was a software engineer at Yahoo!, where he led the development of the earliest online communities.