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The Bullish Case for Bitcoin
The Bullish Case for Bitcoin, first published as a long-form article, represents an intellectual tour de force delivered with elegance and prescience by a polymath well-versed in mathematics, computer science, economics, philosophy, politics, and engineering. After March of 2020, it was evident to me that the world needed a new money based on technology. However, in February 2018, when Boyapati first published his paper, this insight required much greater perspicacity, courage, and conviction.
In a clear and concise manner, Boyapati presents the theory of money, the anatomy of Bitcoin, the reasons it is superior to the gold and fiat standards that came before it, and the promise that it offers to human civilization. He describes path dependence and the trajectory of a newly monetizing asset in terms the layman can understand, and he addresses the concerns that most commonly arise as newcomers struggle to comprehend the essence and significance of this first digital monetary network. I was immediately captivated by "The Bullish Case for Bitcoin" when I first read it and made it part of the recommended reading for all the officers and directors of my firm as we educated ourselves on Bitcoin and considered the logical path forward. In this book Boyapati updates and significantly expands on the ideas presented in his original article.
In a clear and concise manner, Boyapati presents the theory of money, the anatomy of Bitcoin, the reasons it is superior to the gold and fiat standards that came before it, and the promise that it offers to human civilization. He describes path dependence and the trajectory of a newly monetizing asset in terms the layman can understand, and he addresses the concerns that most commonly arise as newcomers struggle to comprehend the essence and significance of this first digital monetary network. I was immediately captivated by "The Bullish Case for Bitcoin" when I first read it and made it part of the recommended reading for all the officers and directors of my firm as we educated ourselves on Bitcoin and considered the logical path forward. In this book Boyapati updates and significantly expands on the ideas presented in his original article.
118 pages, Paperback
Published January 1, 2021
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Displaying 1 - 30 of 38 reviews
January 11, 2022
The Bitcoin rabbit hole is very deep, but this short book succinctly summarises the personal case for saving with Bitcoin, and the societal case for others to do the same.
“Bullish case” sounds like financial / investor speak, but this book is much more holistic. I’d recommend it as the best introduction to people who aren’t yet convinced, haven’t looked into Bitcoin properly yet, or are gambling away their savings on dog money.
I especially like the genuine steel man “bearish” case in the book too. Ironically, it’s the best critique I’ve seen of some of the risks despite many dedicating themselves to being against Bitcoin.
Finally, I appreciate that this isn’t another “but how does it actually work” type of book. There are better resources for that, although Vijay does include detail where necessary such as when he needs to explain the Bitcoin security and governance model and related network effects.
“Bullish case” sounds like financial / investor speak, but this book is much more holistic. I’d recommend it as the best introduction to people who aren’t yet convinced, haven’t looked into Bitcoin properly yet, or are gambling away their savings on dog money.
I especially like the genuine steel man “bearish” case in the book too. Ironically, it’s the best critique I’ve seen of some of the risks despite many dedicating themselves to being against Bitcoin.
Finally, I appreciate that this isn’t another “but how does it actually work” type of book. There are better resources for that, although Vijay does include detail where necessary such as when he needs to explain the Bitcoin security and governance model and related network effects.
November 29, 2021
This book needs to be made more accessible and spread far and wide. It answered every question and doubt I had prior to reading it.
December 23, 2021
Lectura ligera que situa el bitcoin y la blockchain dentro del contexto de la economía a escala histórica, desde el imperio romano hasta la época actual.
Read
January 30, 2024Had some very interesting commentary on money in a society. I definitely learned a lot from this.
Read for school.
Read for school.
November 5, 2022
Great intro to the ideas around Bitcoin. Covers the high-level concepts in an easy to understand manner as well as the pros and potential cons.
Highly recommend for those that are curious about Bitcoin or cryptocurrency in general but haven't spent much time looking into it.
Highly recommend for those that are curious about Bitcoin or cryptocurrency in general but haven't spent much time looking into it.
May 3, 2022
I’ve discovered a few risks about Bitcoin investment that was not aware of.
May 20, 2022
An excellent concise primer on Bitcoin. It focuses more the economics of Bitcoin but does address some of the technological developments and how this overlaps with the economic side of Bitcoin so that it can be pristine collateral. It is better even than gold, due to its decentralized nature making it a valuable form of money to HODL to project your wages in fiat from being devalued by government inflation and other centralized threats.
He does have chapters that address many common misconceptions on Bitcoin as well making this a great Bitcoin introduction for novices. There is still much valuable content even for those who have read several books on Bitcoin making it an excellent resources for beginners and more knowledgeable Bitcoiners.
He does have chapters that address many common misconceptions on Bitcoin as well making this a great Bitcoin introduction for novices. There is still much valuable content even for those who have read several books on Bitcoin making it an excellent resources for beginners and more knowledgeable Bitcoiners.
August 25, 2021
This is an excellent book for anyone looking to understand the argument for Bitcoin. Vijay is an excellent communicator and gives good overview of all of the pros and cons of Bitcoin as a form of hard money. If you are looking to delve down the rabbit hole, this book is a great starting point!
Favorite Quote: "The road to serfdom consists of working exponentially harder for a currency growing exponentially weaker."
Favorite Quote: "The road to serfdom consists of working exponentially harder for a currency growing exponentially weaker."
November 22, 2021
Excellent 101-level treatment of Bitcoin. Boyapati writes well -- and winsomely. If you want to learn more about Bitcoin (without getting bogged down deeply into the computer science of it), this is a great place to turn.
In this book, Boyapati is also honest about what could go wrong for Bitcoin. He does not ignore potential risks to this burgeoning asset.
In this book, Boyapati is also honest about what could go wrong for Bitcoin. He does not ignore potential risks to this burgeoning asset.
October 11, 2023
EXPERT IN BITCOIN AND CRYPTO SCAM RECOVERY!!! iBOLT CYBER HACKER.
Hello Everyone.. My name is Stuart James Lucas..
Ph.D. in Molecular & Cellular Immunology.
What happens if you lose Crypto/BTC to a fraudster?
You have two options: accept the loss and give the crooks your hard-earned money, or take the second option. As a result of your failure to stop the scammers, more people will become victims, many of whom will be your friends or relatives.
You may also call bitcoin recovery experts like iBolt Cyber Hacker, who will aid you in tracing and recovering your Crypto/Btc. iBolt Cyber Hacker works with law enforcement to identify and apprehend these fraudsters. You may proceed as long as you are aware that it is your hard-earned money; I wish you well in recovering your bitcoin.
Contact Info:
Email: ibolt@cyber-wizard.com
WhatsApp: +39 350 929 0554
Hello Everyone.. My name is Stuart James Lucas..
Ph.D. in Molecular & Cellular Immunology.
What happens if you lose Crypto/BTC to a fraudster?
You have two options: accept the loss and give the crooks your hard-earned money, or take the second option. As a result of your failure to stop the scammers, more people will become victims, many of whom will be your friends or relatives.
You may also call bitcoin recovery experts like iBolt Cyber Hacker, who will aid you in tracing and recovering your Crypto/Btc. iBolt Cyber Hacker works with law enforcement to identify and apprehend these fraudsters. You may proceed as long as you are aware that it is your hard-earned money; I wish you well in recovering your bitcoin.
Contact Info:
Email: ibolt@cyber-wizard.com
WhatsApp: +39 350 929 0554
July 16, 2023
I read this book because I was trying to understand why folks were willing to ignore facts, delude themselves, and strongly believe in Bitcoin.
This book was written when crypto was hot. And I read it because I was curious.
At the core - I believe it was that there was this class of people who hated the idea that Money was not understandable and not under their control.
That fiat money was controlled by "governments" that, in the end - once you scratch the surface of absurdity, turn into the "tri-lateral commission" and the "Illuminati" and then "the globalists" and then "Jews."
The book is a fascinating tale of how wrong you can be when your basic hypothesis is that money you don't control is evil and how desperate you become to argue differently.
This book was written when crypto was hot. And I read it because I was curious.
At the core - I believe it was that there was this class of people who hated the idea that Money was not understandable and not under their control.
That fiat money was controlled by "governments" that, in the end - once you scratch the surface of absurdity, turn into the "tri-lateral commission" and the "Illuminati" and then "the globalists" and then "Jews."
The book is a fascinating tale of how wrong you can be when your basic hypothesis is that money you don't control is evil and how desperate you become to argue differently.
August 28, 2021
It was good for what it is. If his aim was to reach the average person, then he needs to learn how to write in a way that the average person understands instead of using academic terms that causes the person to spend time in a dictionary every so often. The average person is going to get tripped up and discouraged with a bunch of academic terms that can easily be explained with words people use every day.
February 1, 2022
This is big
Me to my younger arrogant self - I forgive you. :”)
Great book. Great read, gives a new perspective on the same things. Has a lot of light-bulb moments in simple text that is easy to understand. But I would still stay skeptical, and read more books, more articles, more things and continue my trip down the proverbial rabbit hole.
Me to my younger arrogant self - I forgive you. :”)
Great book. Great read, gives a new perspective on the same things. Has a lot of light-bulb moments in simple text that is easy to understand. But I would still stay skeptical, and read more books, more articles, more things and continue my trip down the proverbial rabbit hole.
April 4, 2023
Very easy to read. Goes over the case for BTC as a savings mechanism , a unit of account , and a potential reserve currency . Goes over why it can be considered as the online equivalent of Gold and the set of potential risks going forward and the game theory behind how things could play out over time.
May 15, 2022
Easily digestible to the average person. Watch for his sly add ins such as idolizing BTC once it reaches and surpasses the gold market cap. Vijay doesn’t point out that golds market cap is 11 trillion and BTCs is around 600B. Yet he makes this case multiple times throughout the book
July 31, 2022
This book gives a clear perspective on the place Bitcoin has in today’s society without going too deep in the technicalities of blockchains. Perfect for new people trying to understand Bitcoin or for the ones that have been in the space for longer.
October 15, 2022
I read the original online version. A good option for people only willing to read a really, really, really long article. That audience being limited, though, my base recommendation would still be the duo of The Bitcoin Standard and Inventing Bitcoin, and to bypass this.
March 21, 2024
Interesting points of view. Don’t think most of it will happen but again nice to read someone else’s different and well argued points of view.
In short, what is bitcoin, why it might grow to be something much bigger, history.
In short, what is bitcoin, why it might grow to be something much bigger, history.
September 30, 2021
Nicely done.
October 11, 2021
Excellent introduction to why Bitcoin is a strong candidate for the role of global reserve currency.
October 11, 2021
Fantastic book.
June 10, 2022
Awesome Intro book to start you down the Bitcoin rabbit hole.
August 29, 2022
A great read and very useful metrics of bitcoins challenges and on its potential value directions.
February 14, 2023
Gives basic arguments for and explanations to bitcoin.
Great source for newbies imo.
Great source for newbies imo.
February 4, 2024
short but informative intro for newbies
April 16, 2024
Zajímavé postřehy a data relevantní pro bitcoin, které se v mnoha jiných knížkách nevyskytují
January 18, 2022
This is a really good overview of the value proposition for Bitcoin. Boypati eloquently and simply explains the history of money and how we are where we are when it comes to global finance. He also breaks down Bitcoin in a way that is palpable for somebody who previously may have never really thought about it. This would definitely be on my required reading list for anybody interested in learning about what Bitcoin is and how it is relevant today.
July 30, 2021
Great little book that does not dig too much into the technical aspect of bitcoin but stays with the overall picture of how it's going to change the monetary policy of the world. A must read for anything interested or new to the bitcoin space
August 22, 2021
One of the best books to read if you want a general understanding of why Bitcoin is not only one of the most important innovations of our time, but also an asset that will be most valuable for all 8 billion people on the planet.
Highly recommend for those new to Bitcoin. A must read!
Highly recommend for those new to Bitcoin. A must read!
Displaying 1 - 30 of 38 reviews