
Terence MichaelProof of Money
The Big Idea Behind Bitcoin (What You Don't Know About Why You Need It)
Publisher: 100 Percent Terry Cloth
Pages: 348
Publication Year: 2023
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).
| Authors | Terence Michael | 
|---|---|
| X (Twitter) | @ProofOfMoney | 
Publication Format
Ebook is a digitally formatted file that's read on an e-reader like Kindle or an application like Apple Books.
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A paperback (also known as softback or softcover) is a type of book characterized by a thick paper or paperboard cover. Their pages are often held together with glue rather than stitches or staples.
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A hardcover (also known as hardback or hard-bound) is a type of book that is bound with hard and rigid protective covers and the pages are often strongly held together with stitches and staples.
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An audiobook is a sound recording of a book.
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