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Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts by [Gerard, David]
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Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts Kindle Edition

4.6 out of 5 stars 3 customer reviews

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Length: 182 pages Word Wise: Enabled Enhanced Typesetting: Enabled
Page Flip: Enabled Language: English

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Product description

Product Description

An experimental new Internet-based form of money is created that anyone can generate at home; people build frightening firetrap computers full of video cards, putting out so much heat that one operator is hospitalised with heatstroke and brain damage.

A young physics student starts a revolutionary new marketplace immune to State coercion; he ends up ordering hits on people because they might threaten his great experiment, and is jailed for life without parole.

Fully automated contractual systems are proposed to make business and the law work better; the contracts people actually write are unregulated penny stock offerings whose fine print literally states that you are buying nothing of any value.

The biggest crowdfunding in history attracts $150 million on the promise that it will embody “the steadfast iron will of unstoppable code”; upon release it is immediately hacked, and $50 million is stolen.

How did we get here?



David Gerard covers the origins and history of Bitcoin to the present day, the other cryptocurrencies it spawned including Ethereum, the ICO craze and the 2017 crypto bubble, and the attempts to apply blockchains and smart contracts to business. Plus a case study on blockchains in the music industry.

Bitcoin and blockchains are not a technology story, but a psychology story.

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

“A sober riposte to all the upbeat forecasts about cryptocurrency” — New York Review of Books

“A very convincing takedown of the whole phenomenon” — BBC News

About the Author

David Gerard is a Unix system administrator by day. His job includes keeping track of exciting new technologies and advising against the bad ones. He was previously an award-winning music journalist, and has blogged about music at Rocknerd.co.uk since 2001. He is a volunteer spokesman for Wikipedia, and is on the board of the RationalMedia Foundation, host of skeptical wiki RationalWiki.org. His website is davidgerard.co.uk. He lives in east London with his spouse Arkady and their daughter. Until he reinstalled the laptop they were on, he was the proud owner of six Dogecoins.

Product details

  • Format: Kindle Edition
  • File Size: 1253 KB
  • Print Length: 182 pages
  • Simultaneous Device Usage: Unlimited
  • Sold by: Amazon Australia Services, Inc.
  • Language: English
  • ASIN: B073CPP581
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Screen Reader: Supported
  • Enhanced Typesetting: Enabled
  • Average Customer Review: 4.6 out of 5 stars 3 customer reviews
  • Amazon Bestsellers Rank: #71,763 Paid in Kindle Store (See Top 100 Paid in Kindle Store)

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27 December 2017
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Most helpful customer reviews on Amazon.com

Amazon.com: 4.4 out of 5 stars 71 reviews
Kevin Price
5.0 out of 5 starsAll aboard the laugh-chain!
1 August 2017 - Published on Amazon.com
Format: Kindle Edition|Verified Purchase
19 people found this helpful.
Alliklvl
5.0 out of 5 starsThe book serves as an excellent warning to people who might be considering bitcoin speculation ...
24 July 2017 - Published on Amazon.com
Format: Kindle Edition|Verified Purchase
38 people found this helpful.
ijin
4.0 out of 5 starsHe does a good job outlining the technical details in things like the ...
13 August 2017 - Published on Amazon.com
Format: Kindle Edition|Verified Purchase
5 people found this helpful.
D Coetzee
5.0 out of 5 starsEngaging survey of the perils of Bitcoin and Blockchain, required reading for any would-be investor
25 July 2017 - Published on Amazon.com
Format: Kindle Edition|Verified Purchase
22 people found this helpful.
Don Ecker
5.0 out of 5 starsInformative, well-researched, and funny. A great place to start on bitcoin
12 September 2017 - Published on Amazon.com
Format: Kindle Edition|Verified Purchase
3 people found this helpful.

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