Bitcoin Manifesto is a book that critically analyses the vision of the individual or group called Santoshi Nakomoto with regard to Bitcoin development .This vision is in turn broken down into actionable goals that look to the future of Bitcoin. A Duck Test is applied to Bitcoin business model. You have to read this book before making any investment in Bitcoin. The book provides a critical overview of Bitcoin and its current skewed impact on the world. An analysis of the current Bitcoin model is discussed at length drawing references from the successes of fiat currencies and mobile money technology that has disrupted banking in Africa. This book gives a fresh perspective of Bitcoin to any reader, giving solutions to Bitcoin education through provision of free Bitcoin data and a call to action to have free internet the world over. Flatly put, Bitcoin is the internet currency and it is imperative for the global community to have access to free internet. Bitcoin growth will be in correlation to global internet access. The book discusses the hue and cry about net neutrality and its impact on Bitcoin. The complex definition and mystery of Bitcoin is broken down through a Lay Mans Approach which is good enough for a fifth grader. Bitcoin gatekeepers are the biggest impediment for Bitcoin growth, the book looks at how agatekeepersa have continually misrepresented and misled the masses by a wrong interpretation and adoption of Bitcoin business model. It just doesnat stop there; Bitcoin Manifesto suggests a more critical role that these agate keepersa should play moving forward. A digital Bitcoin government voted in by the Bitcoin community can be a great pillar for Bitcoin development. A digital Bitcoin government will be the worldas 1st free and fair elections that will put Blockchain technology into use. The digital Bitcoin government will provide regulations and structures needed for Bitcoin development. It is agreeable that state governments and banks should never be trusted as third parties and any effort geared towards state government involvement will lead to Bitcoin collapse. The book analyses what will happen when the Bitcoin price hits $10000? Will this be the worldas first Bitcoin credit crunch? It may be an online apocalypse that is necessary to fuel future digital currency development. The book looks at Bitcoin greed and how it is similar to Wall Street greed. Will this lead to its eventual collapse which will pave way for a better digital currency? This book critiques the current application of Bitcoin business model. Whilst it may offend Bitcoin agatekeepersa or some in the Bitcoin community, taking any offense for new ideas is not only simplistic in thought but reflects your lack of foresight to see the big picture. Read the authors take on the last chapter, and then decide.Ponzi scheme or Pyramid scheme, Bitcoin may vaguely fall into any of these categories but of benefit to these nay Sayers ... According to Wikipedia, a Ponzi scheme is a fraudulent investment operation where the operator, an individual or ananbsp;...
|Author||:||Fanuel Lewis Oweke|
|Publisher||:||Fanuel Lewis Oweke - 2015-03-05|