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Virtual billions : the genius, the drug lord, and the Ivy League twins behind the rise of bitcoin

Author: Eric Geissinger
Publisher: Amherst, New York : Prometheus Books, 2016. ©2016
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"Bitcoin, the digital currency, was introduced in 2009 with little fanfare; five years later, shocking the world, it was worth $14 billion. This book explores the cyber currency by focusing on the remarkable stories and intriguing personalities ofthose responsible for its sudden success: Satoshi Nakamoto, the reclusive and anonymous genius who created Bitcoin; Ross Ulbricht, aka the Dread Pirate Roberts,
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Genre/Form: Biographies
History
Additional Physical Format: Online version:
Geissinger, Eric, 1968-
Virtual billions.
Amherst, NY : Prometheus Books, 2016
(DLC) 2016012216
Document Type: Book
All Authors / Contributors: Eric Geissinger
ISBN: 9781633881440 163388144X
OCLC Number: 913844905
Description: 319 pages : illustrations ; 24 cm
Contents: Introduction: Spending symbols and buying potatoes --
Satoshi Nakamoto: what he invented --
Satoshi Nakamoto: how Bitcoin works --
Satoshi Nakamoto: a rocket-powered launch --
Ross Ulbricht: into the dark --
Ross Ulbricht: the rise and fall of Silk Road --
The Winklevoss twins: born on third base, hit a double --
The Winklevoss twins: the fog of success --
Conclusion: Incremental progress.
Responsibility: Eric Geissinger.

Abstract:

"Bitcoin, the digital currency, was introduced in 2009 with little fanfare; five years later, shocking the world, it was worth $14 billion. This book explores the cyber currency by focusing on the remarkable stories and intriguing personalities ofthose responsible for its sudden success: Satoshi Nakamoto, the reclusive and anonymous genius who created Bitcoin; Ross Ulbricht, aka the Dread Pirate Roberts, administrator of the largest and most successful Dark Web drug superstore, using Bitcoin to fuel online sale of drugs, hacking services, counterfeit money, and assassinations; and Cameron and Tyler Winklevoss, Harvard graduates, successful litigants vs. Facebook, world-class Olympic rowers, and Bitcoin entrepreneurs who own 1 percent of all bitcoins in existence. Equal parts The Social Network, Sherlock Holmes, and Breaking Bad, this absorbing narrative tells the stories of the reclusive geniuswho waged a one-man war against the global banking system (and he's winning); the quiet and affable computer geek who, until his arrest, profited handsomely from Silk Road, his online drug superstore; and the multitalented Harvard twins, who made a fortune from an intellectual-property suit against Mark Zuckerberg, and now are the chief promoters of Bitcoin as "the next big thing." Bitcoin has introduced us to coke-fueled coding gurus, anger-crazed hitmen-hiring millionaires, and canny "Bitcoin miners" avidly adding processing power to their chilly Icelandic server farms to generate millions of dollars every month. Absurd and almost unbelievable stories abound, and sweep the reader along through the living and breathing, passionate and paranoid insiders who made it all happen"--

"A colorful narrative that brings to life the extraordinary personalities behind Bitcoin, showing the enormous potential of this online currency for good and bad"--

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