Attack of the 50 Foot Blockchain!

Bitcoin, Ethereum, Smart Contracts and Blockchain Dreams

(probably not the final title)

A forthcoming short book (30,000 words or so) on Bitcoin, blockchains and smart contracts, what these ideas are and why they don't work out at all well in practice.

What the pseudonymous “Satoshi Nakamoto” describes in the Bitcoin white paper is simple, clever, technically interesting and genuinely innovative. What emerged from it is amazing, hilarious and horrifying: a jawdropping maelstrom of get-rich-quick dreams, right-wing anarchists, libertarian pseudoeconomics, magical thinking, blatant con-men and the madness of crowds.

Remember: if it sounds too good to be true, it almost certainly is.

Current status: raw first draft finished! Mostly! I rant about the book occasionally, with some early excerpts, on my Tumblr: reverse order or chronological order.

Draft excerpts:

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Answers to Frequently Asked Questions

A. Sadly, Amazon Kindle only accepts conventional currencies.

David Gerard