Cover of The Inconvenient Truth About Bitcoin, by Victor de la Fuente

eBook · EPUB

The Inconvenient Truth About Bitcoin (eBook EPUB)

Bitcoin and cryptocurrencies

Bitcoin: from utopian promise of a new financial system to a get-rich-quick pyramid.

A critical analysis that clears away the hype: slow transactions, volatility, the myth of decentralization and dynamics that look too much like a pyramid scheme. Written by someone who bought, sold and made money with Bitcoin.

  • EPUB eBook, instant download
  • Language: English

4,99 €

Also on Amazon (Kindle and paperback) →
Edición en español: La verdad incómoda sobre Bitcoin →

Instant download after payment. DRM-free EPUB, works with Kobo, Apple Books, Google Play Books and Kindle (via Send to Kindle).

What the book is about

The Bitcoin debate is distorted by interests and lopsided in its arguments. This book was born from concern about the lack of financial literacy and the noise of clickbait.

It opens with full disclosure about the author’s own Bitcoin history. Criticising Bitcoin is not defending the traditional financial system: it is asking, with data and without fanaticism, whether Bitcoin is the answer.

Contents

  • Full Disclosure
  • The Inconvenient Truth About Bitcoin
  • All That Glitters Is Not Bitcoin
  • Attacking Bitcoin Is Not Defending the Old System
  • Part One: The Real Problem
  • Slowness, Bitcoin’s Achilles’ Heel
  • That Roller Coaster Called Bitcoin
  • The Myth of Decentralization
  • What Happens When There Are No Miners Left?
  • Under the Shadow of a Ponzi Scheme
  • Use Cases and Actual Use
  • El Salvador, an Oasis Without Bitcoin
  • Altcoins: Alternatives to Nothing
  • YouTube, Trolls, and Other Nonsense
  • Part Two: A Final Word
  • “Finfluencers” and Toxicity
  • A Number Today, a Story About Tomorrow
  • Latest Developments, Same Dangers
  • Conclusions
  • Before You Buy
  • Glossary

Who this book is for

  • You have been sold Bitcoin as the safe investment of the future and want to hear the other side.
  • You are thinking of buying crypto and want to understand the risks first.
  • You distrust hype, clickbait and finfluencers.

Format and download

  • Format: EPUB (DRM-free).
  • Instant download after payment, from the confirmation email and from My account.
  • Works with Kobo, Apple Books, Google Play Books, PocketBook and most e-readers and apps. On Kindle, send it with Send to Kindle.

About the author

Victor de la Fuente is a digital commerce professional, teacher, speaker and author based in Barcelona. He works in eCommerce at Nestlé and teaches at the University of Barcelona, UAB and business schools such as EADA, ISDI and MIOTI. He writes about technology, artificial intelligence, money, minimalism and modern life, combining practical ideas with critical thinking.

This book is for general information and is not financial advice. Investing in cryptocurrencies carries a very high risk, including the total loss of capital.

All books by Victor de la Fuente →