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

Key insights from Nathaniel Popper's

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


Key insights from Nathaniel Popper's

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

ratings:
Length:
7 minutes

The heart-pounding tale of the world’s most notorious currency.

<p>The story of bitcoin is as rich and full of colorful, bumbling, and brilliant characters as the origins of similarly groundbreaking technologies. “Digital Gold” is a heart-pounding account of the people who were around to see the birth of bitcoin: those who used it to their advantage and at their peril. In this Snapshot, you’ll learn exactly what bitcoin is and explore some of bitcoin’s major players.</p><br>

Read this Snapshot if you:

  • Have ever been confused when you heard the word “bitcoin”
  • Are interested in how the future may change the way we view money itself
  • Wonder how cryptocurrency has already impacted your daily life
What is a Snapshot?Learn More

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Introduction

Three years ago, Erik Voorhees was an unemployed, 26-year-old steeped in credit card debt. But thanks to bitcoin, Voorhees is now a millionaire. He paid $225 for a website that uses bitcoin to gamble, and he sold it a year later for $11 million, which he mostly used to buy more bitcoin. Today, he’s changing the world through bitcoin.

Bitcoin’s inventor is anonymous, known only by the pseudonym Satoshi Nakamoto. Nakomoto created bitcoin as an alternative form of currency that only exists digitally and therefore can’t be regulated by governments, subjected to fees from financial...

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