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Virtual Billions: The Genius, the Drug Lord, and the Ivy League Twins Behind the Rise of Bitcoin

Eric Geissinger
Format
Book
Published
Amherst, NY : Prometheus Books, 2016.
Language
English
ISBN
9781633881440 (hardback)
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, 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"--
Description
pages cm
Notes
Includes index.
Technical Details
  • Staff View

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    a| Virtual billions : b| the genius, the drug lord, and the ivy league twins behind the rise of bitcoin / c| Eric Geissinger.
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    a| "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"-- c| Provided by publisher.
    520
      
      
    a| "A colorful narrative that brings to life the extraordinary personalities behind Bitcoin, showing the enormous potential of this online currency for good and bad"-- c| Provided by publisher.
    650
      
    0
    a| Electronic funds transfers.
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    0
    a| Bitcoin.
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    0
    a| Electronic commerce x| History.
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    a| BIOGRAPHY & AUTOBIOGRAPHY / Business. 2| bisacsh
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    a| BUSINESS & ECONOMICS / E-Commerce / General (see also COMPUTERS / Electronic Commerce). 2| bisacsh
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    a| BUSINESS & ECONOMICS / Money & Monetary Policy. 2| bisacsh
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    i| Online version: a| Geissinger, Eric, 1968- t| Virtual billions d| Amherst, NY : Prometheus Books, 2016 z| 9781633881457 w| (DLC) 2016012216
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    a| HG1710 .G45 2016 w| LC i| 6732723-1001 l| NOTORDERED m| ALDERMAN t| BOOK
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