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    The Bitcoin Revolution
    The Bitcoin Revolution
    The Bitcoin Revolution
    Ebook42 pages21 minutes

    The Bitcoin Revolution

    By Steven Hager

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    About this ebook

    I came late to Bitcoin and have zero understanding of the technical complexities of cryptography, but I do realize Bitcoin is open source and completely transparent and completely non-predatory in design, a real departure from our banking industry. Any assets moved into Bitcoin virtually disappear from the public record at this point and do not become taxable events until they are brought back into the system. Bitcoin has numerous benefits to offer and represents a real threat to our current corrupt money system. The media has been relentlessly negative on bitcoins for a reason: they threaten the status quo. This text serves as a manifesto for the rise of a Bitcoin nation.

    LanguageEnglish
    PublisherSteven Hager
    Release dateJan 6, 2014
    ISBN9781311484284
    The Bitcoin Revolution
    Author

    Steven Hager

    Counterculture iconoclast, who documented hip hop's birth, founded the Cannabis Cup and unveiled the JFK and Lincoln assassinations.

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    • 5/5
      a good intro into bitcoin and the revolution that is coming, how we conduct transactions the system we use today is like the rotery telephone vers the smart phone, the bitcoin is the smart phone
      book was writen in 2014 and bitcoin is 10 fold that it was in 2014,

    Book preview

    The Bitcoin Revolution - Steven Hager

    The Bitcoin Revolution

    by Steven Hager

    EPUB ISBN 9781311484284

    copyright 2014 by Steven Hager

    Published by Steven Hager at Smashwords

    This ebook is licensed for your personal enjoyment only and may not be re-sold or given away to others. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, please return to Smashwords.com and purchase your own copy. Please respect the hard work of this self-publisher. Feel free to contact my blog (http://stevenhager420.wordpress.com/) if you have suggestions or corrections to help improve any of my ebooks. Their greatest value, besides saving trees, is they can be effortlessly updated and purchasers at Smashwords freely upload the newest versions without fees or penalties I invite you to participate in making this the best possible book and be sure to check back and make sure you have the latest and most accurate version.

    Introduction

    When I tell people to buy bitcoin, the most common reaction is what for? I tell them not to think of it as currency, but as stock in a new bank designed to compete against the Federal Reserve money monopoly. Cash is like a landline, credit cards a cell phone, and bitcoin is the smart phone of the bunch. Investing in Bitcoin is like investing in personal computing or the internet before the digitial age took hold.

    The savvy investors are now working on Bitcoin 2.0 which will aid Bitcoin contracts, stocks and derivatives. There’s so many advantages to Bitcoin over fiat currency, but most important, you can program it. It’s the first smart money and it will do to money what smart phones did to dumb phones. If you don’t get Bitcoin, maybe that analogy will help you, because it’s spot on.

    Dumb money is like a nice Chevy. Smart money is like having your own private roads that

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