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Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud: The Basis for the Documentary Everyone Is Lying to You for Money
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38/99
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About This Book
INSTANT NEW YORK TIMES BESTSELLER LONGLISTED FOR THE FINANCIAL TIMES 2023 BUSINESS BOOK OF THE YEAR "A smart, savvy road map through the mayhem of the cryptocurrency madness." —RON CHERNOW, Pulitzer Prize-winning author of Alexander Hamilton From "one of the crypto industry's unlikely but most prominent critics" (Washington Post), an entertaining and well-researched account of the rise and fall of cryptocurrency. At the height of the pandemic, TV star Ben McKenzie was the perfect mark for a dad stuck at home with some cash in his pocket, worried about his family, armed with only the vague notion that people were making heaps of money on something he—despite a degree in economics—didn't entirely understand. Lured in by grandiose, utopian promises, and sure, a little bit of FOMO, McKenzie dove deep into blockchain, Bitcoin, and the various other coins and exchanges on which they are traded. But after scratching the surface, he had to ask, "Am I crazy, or is this all a total scam?" In Easy Money, McKenzie enlists the help of journalist Jacob Silverman for an investigative adventure into crypto and its remarkable crash. Weaving together stories of average traders and victims, colorful crypto "visionaries," Hollywood's biggest true believers, anti-crypto whistleblowers, and government operatives, Easy Money is an on-the-ground look at a perfect storm of irresponsibility and criminal fraud. Based on original reporting across the country and abroad, including interviews with Sam Bankman-Fried, Tether cofounder Brock Pierce, Celsius's Alex Mashinsky, and more, this is the book on cryptocurrency you've been waiting for.
Reviews
"The crypto-curious will appreciate the authors' accessible explanations of how digital currencies work, and the profiles illuminate how hype and irresponsible business practices inflated the crypto bubble for years before its inevitable burst."
"Readers will be drawn into this easy-to-understand version of the crypto world and how it ties to banking, economics, and potential for economic ruin."
"A well-reasoned, occasionally shrill critique of the crypto universe."
"McKenzie not only argues that crypto is overvalued, under-regulated, and rife with fraud; he makes the case that the entire ecosystem is itself a pyramid scheme ..."
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