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Why Buy Bitcoin: Investing Today in the Money of Tomorrow
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About Why Buy Bitcoin: Investing Today In The Money Of
Product Description Some people still view Bitcoin as a startup. But despite being declared dead many times by the mainstream media, Bitcoin grows stronger every year. What’s going on? It’s not too late to learn about Bitcoin and invest. Bitcoin’s value has grown exponentially over multiple boom and bust cycles spanning a decade. Bitcoin is an Internet-native phenomenon like Alibaba, Amazon, Apple, Facebook, Google, Netflix, Microsoft, and Tencent. It therefore benefits from the “network effect” which makes it dramatically more valuable as the network grows. But its potential value is much larger than the giant Internet companies we know so well. If Bitcoin reaches that potential, its value could rise by 50 times its current price in the coming decade. This book will help you understand the role of money in our society, the current state of debt in our economy, and how Bitcoin provides a better solution. About the Author ANDY EDSTROM, CFA, CFP is a financial advisor and a member of the investment committee at WESCAP Group, where he manages wealth and provides financial advice to clients. His opinions on regulation of the Internet monopolists have been published in The Economist, and his opinions on Bitcoin have been published in The Wall Street Journal. In addition to the Chartered Financial Analyst (CFA®) and Certified Financial Planner (CFP®) credentials, he holds a Bachelor of Arts in Economics, Magna Cum Laude and Phi Beta Kappa, from Williams College. Find out more about Andy at AndyEdstrom.com.
