Proof of Money
Terence Michael

Proof of Money

The Big Idea Behind Bitcoin (What You Don't Know About Why You Need It)

4.9
61 ratings
Publication Year: 2023

Publisher: 100 Percent Terry Cloth

Pages: 348

As an Amazon Associate I earn from qualifying purchases

Authorship

AuthorsTerence Michael

Description

Bitcoin can grow and secure your wealth for generations.

But the key is knowing how, why, and when.

Get ready to challenge what you think you know about money.

Bitcoin is a better all-in-one investment

- No monetary debasement

- No intermediaries, brokers, managers

- No rehypothecation

- Full bearer asset you hold

- No need to financialize things you don't care about

Bitcoin is better than stocks and bonds

- No centralization

- No counterparty risk

- No VIP, IPO, or insider privilege

- No CEO or executive decisions

Bitcoin digitizes gold

- Makes it portable, divisible, verifiable, frictionless

Bitcoin is the "internet of money"

- 24/7 access, decentralized, permissionless, lightning fast

Bitcoin demonetizes income real estate

- No maintenance, deterioration, property taxes, tenants, liens

- Liquid, fractional, instant, mobile

- Absolute scarcity and sovereign rights for anyone

Bitcoin revolutionizes money technology

- Auditable, immutable, transparent, open-source

- Unhackable ledger of value secured by energy

Bitcoin improves the environment

- Stabilizes electric grids

- Emits zero carbon emissions

- Removes methane and CO2 from others

- Consumes less than 0.1% of global energy

- Relies solely on wasted, discarded, stranded, renewable energy

Bitcoin is freedom for 8 billion people

- For the unbanked, oppressed, disenfranchised

- Sees no borders, race, religion, politics, sex, or status

- Equality of opportunity and value for all

Bitcoin is a separation of money from the state

- Free from confiscation, sanction, manipulation, censorship

- Supports independence, activism, or privacy

- Accountable only to the holder, a bank of the brainThe secret to unlocking Bitcoin is understanding its principles and properties.

Whether you're a seasoned investor or a curious newcomer, this book will transform your relationship with money (and help you gain more of it).

Full specifications

Every spec, organized

Browse the full breakdown by category. Tap the on any row for what it means, or the for sources and documentation.

Publication Format

Ebook

YES

Paperback

YES

Hardcover

YES

Audiobook

YES

More Books

Compare these next

View all