A dummy’s guide to cryptocurrency and the high-rolling twins making it mainstream.
Why I love it
BOTM Editorial Team
For several months, I tried and failed to wrap my head around bitcoin. I read articles about the currency, but couldn't comprehend how it had no physical existence. I grilled tech-savvy friends, but didn’t get how computers “competed” to validate transactions. I even read a made-for-kids introduction to cryptocurrency … but still, I found myself scratching my head. It wasn’t until I read Ben Mezrich’s Bitcoin Billionaires that I finally started to understand what bitcoin is, how it works, and why so many people care about stockpiling this digital currency.
Those of you who’ve seen The Social Network might remember the infamous Winklevoss twins, the well-dressed rowers who made Mark Zuckerberg their enemy. In Bitcoin Billionaires, we learn how the twins brought bitcoin out of tech wiz basements and into the eyes of mainstream media. There are wild parties in far-flung destinations. Tech gurus thrust into lives of unimaginable luxury. Big risks, bigger payoffs, and quite a few setbacks that had me glad it wasn’t my money on the line.
Reading this book is a lot like watching a film. It’s a fast-paced, entertaining tale of unruly geniuses, high-stakes investments, and how real-world events like the Bank of Cyprus crisis showed ordinary citizens just how powerful decentralized currency could be. It’s also filled with easy-to-read explanations of how this digital money system actually works. Whether or not bitcoin will take over our wallets remains to be seen, but if you want to dip your toes into the world of digital cash, Bitcoin Billionaires is a great place to start.
Ben Mezrich's 2009 bestseller The Accidental Billionaires is the definitive account of Facebook's founding and the basis for the Academy Award-winning film The Social Network. Two of the story's iconic characters are Harvard students Tyler and Cameron Winklevoss: identical twins, Olympic rowers, and foils to Mark Zuckerberg. Bitcoin Billionaires is the story of the brothers' redemption and revenge in the wake of their epic legal battle with Facebook.
Planning to start careers as venture capitalists, the brothers quickly discover that no one will take their money after their fight with Zuckerberg. While nursing their wounds in Ibiza, they accidentally run into an eccentric character who tells them about a brand-new idea: cryptocurrency. Immersing themselves in what is then an obscure and sometimes sinister world, they begin to realize "crypto" is, in their own words, "either the next big thing or total bulls--t." There's nothing left to do but make a bet.
From the Silk Road to the halls of the Securities and Exchange Commission, Bitcoin Billionaires will take us on a wild and surprising ride while illuminating a tantalizing economic future. On November 26, 2017, the Winklevoss brothers became the first bitcoin billionaires. Here's the story of how they got there—as only Ben Mezrich could tell it.
Valley Center , CA
I knew what Bitcoin was but after reading this, I felt like a pro! They explained the mining and the history in depth. A lot of parts by the author that were very insightful and thought provoking
New York, NY
I learned more about BTC in this one book than by reading numerous finance publications. This book made me understand the future trajectory of crypto and why it's seemingly so risky to institutions.
If you liked The Social Network, you’ll like this, and you’ll also walk away with a better understanding of crypto and probably want to invest & play around with it a bit too.
This was a well written book which explained bitcoin on a level I was able to understand. It was entertaining and thought provoking. I would definitely recommend
Best book I’ve read in a while to help me understand bitcoin. Also helped that there were thriller vibes thrown in here and it turned into a crime novel!
Great insight into Bitcoin and the involvement of them Winklevoss twins. The author must have had unparalleled access to write such a detailed overview!
Mt shasta , CA
I love to look into the minds of people that have completely recreate the world as we know it. A crazy read.
Had no idea what this was about until I picked it up. I loved it. I learned so much.
The world economic collapse, in one set up
Made learning a joy ride.
San jose, CA
Upper Marlboro , MD
Cliffside Park, NJ
San Francisco, CA
Springfield Gardens, NY
Brooklyn , NY
New York, NY