By Felix Salmon — Mother Jones
Nathaniel Popper’s new book, Digital Gold, is as close as you can get to being the definitive account of the history of Bitcoin. As its subtitle proclaims, the book tells the story of the “misfits” (the first generation of hacker-libertarians) and “millionaires” (the second generation of Silicon Valley venture capitalists) who were responsible for building Bitcoin, mining it, hyping it, and, in at least some cases, getting rich off it.
The tale is selective, of course: Not everybody involved with Bitcoin talked to Popper, and the identity of Bitcoin’s inventor, Satoshi Nakamoto, remains a mystery. But Popper did talk to most of the important people in the cryptocurrency crowd, and he tells me that he put real effort into trying “to find a woman who was involved in some substantive way.” Read more
Quoted: “I recall reading somewhere that “Ethereum is to Bitcoin as an iPhone is to a calculator”, which is a pretty good analogy. Bitcoin proved to us that it was possible to keep a tamper-proof system synchronised across the globe. There really is no reason the same system can’t be applied to other problems in the same way we apply normal computers to them.
