[business] Proof of Money: The Big Idea Behind Bitcoin (What You Don't Know About Why You Need It) by Terence Michael EPUB

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Bitcoin can grow and secure your wealth for generations.

But the key is knowing how, why, and when.

Get ready to challenge what you think you know about money.


Bitcoin is a better all-in-one investment
No monetary debasement
No intermediaries, brokers, managers
No rehypothecation
Full bearer asset you hold
No need to financialize things you don't care about

Bitcoin is better than stocks and bonds
No centralization
No counterparty risk
No VIP, IPO, or insider privilege
No CEO or executive decisions

Bitcoin digitizes gold
Makes it portable, divisible, verifiable, frictionless

Bitcoin is the "internet of money"
24/7 access, decentralized, permissionless, lightning fast

Bitcoin demonetizes income real estate
No maintenance, deterioration, property taxes, tenants, liens
Liquid, fractional, instant, mobile
Absolute scarcity and sovereign rights for anyone

Bitcoin revolutionizes money technology
Auditable, immutable, transparent, open-source
Unhackable ledger of value secured by energy


Bitcoin improves the environment
Stabilizes electric grids
Emits zero carbon emissions
Removes methane and CO2 from others
Consumes less than 0.1% of global energy
Relies solely on wasted, discarded, stranded, renewable energy


Bitcoin is freedom for 8 billion people
For the unbanked, oppressed, disenfranchised
Sees no borders, race, religion, politics, sex, or status
Equality of opportunity and value for all


Bitcoin is a separation of money from the state
Free from confiscation, sanction, manipulation, censorship
Supports independence, activism, or privacy
Accountable only to the holder, a bank of the brain


The secret to unlocking Bitcoin is understanding its principles and properties.

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