Blockchain Bubble or Revolution

The Future of Bitcoin, Blockchains, and Cryptocurrencies

by Neel Mehta

Number of pages: 331

Publisher: Paravane Ventures

BBB Library: Booklets

ISBN: 978-0578528151



About the Author

Neel is a Product Manager at Google and studied Computer Science at Harvard University. He worked previously at Microsoft and Khan Academy. Neel founded the Civic Digital Fellowship, the first paid tech internship program in the federal government.

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Editorial Review

Some experts say that Bitcoin and cryptocurrencies are just a scam; others say they're the most important invention since the internet. Thus, whether you are bearish or bullish on crypto, Bubble, or Revolution, the book brilliantly articulates both sides of the argument and offers well-researched insight into the future of blockchain technology. 

Book Reviews

"I've worked developing and managing information systems for a few decades, so I've seen some changes and certainly some excess hype. I was looking for a book that would provide an overview of blockchain technology and its applications while providing a little depth and good perspective."Bubble or Revolution" got me oriented providing examples of applications grounded in a real-world context. Business and economic concepts are explained along with technology so readers can follow the discussion and appreciate conclusions."

"Bubble or Revolution" takes you on a journey from past currencies to present. It breaks down the pros and cons of these currencies and how blockchain and cryptocurrencies present an opportunity for change. A must-read for anyone interested in the future of global currencies.

The famous venture capitalist, Marc Andreessen, once said that blockchain was “the most important invention since the internet.”Blockchain and Cryptocurrencies are being developed throughout the world, and you can expect them to play a much larger role in the near future. This book shares some of the basics and the challenges that arise when talking about this new technology.

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Wisdom to Share

"When your money goes through middlemen, you need to play their rules, and pay their fees."

"Transactions need to be verified before they’re submittedinto the blockchain, or else people could just make up whatever transactionthey wanted."

"Another way that Bitcoin maintains its value is by restricting the bitcoin supply."

"Bitcoin’s volatile price, relative lack of regulation, and lower barrier of entry make it an exciting and relatively easy investment for speculation, especially among younger people."

"Bitcoin was originally intended to serve mainly as a payment method, particularly for small transactions of a few dollars or less."

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"The concept of blockchain voting depends on tokens, digital assets whose movement can be tracked>"

"The groups that have found the most success with private blockchains are not scrappy, agile startups, but tech behemoths like Walmart and Microsoft."

"When it comes to the regulatory headaches the cryptocurrencies pose, many countries have opted for the simplest solution: ban them outright, particularly as a reaction to Bitcoin’s use in money laundering, tax evasion, drug trafficking, and ransoming."

"Blockchains, cryptocurrencies, and other related technologies will change the world, but not through anarchy, but through pure efficiency."

"For a technology to be widely accepted and to drive social change, it needs to accumulate legitimacy."

"For a technology to be widely accepted and to drive social change, it needs to accumulate legitimacy."