Author: Luan Bo (Ng Chin Yeung)
Publisher: Bright Light Culture
Size: 150mm x 210mm
Pages: 216
ISBN: 978-988-8481-59-0
Publication Date: June 2018
[Book Description]
Bitcoin's price surged by 1,900% in 2017, once again becoming a global hot topic after the cryptocurrency bubble burst in 2013 due to a crackdown by the Chinese government. Some commentaries dismiss Bitcoin as worthless, others label it a Ponzi scheme, and some argue that blockchain is the technology while Bitcoin is the scam. Can Bitcoin and its underlying technology truly be separated?
The first part of this book will introduce the technologies behind Bitcoin and Ethereum, and systematically refute some of the currently debated topics. Upon closer examination of successful ICO products, we can observe the emergence of utility tokens that disrupt traditional business models, as well as enterprises leveraging new technologies to operate within the domain of tech giants, potentially breaking monopolies. Many ICO companies also embrace new economic concepts, which I believe are the essence of Blockchain Revolution 2.0 and Industrial Revolution 2.0. This forms the second part of the book.
The third part focuses on fundamental analysis and considerations for investing in cryptocurrencies and ICOs. Knowledge of cryptocurrency and token investment is inherently complex; investors must be diligent, because by the time everything becomes obvious, smart money has already profited and exited. Therefore, in investing in cryptocurrencies and tokens, whether one can be foresighted, hold long-term positions amidst criticism, or identify scams, it is crucial to first understand the technical background.
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- Author: Luan Bo (Ng Chin Yeung) | Size: 150mm x 210mm | Pages: 216
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