
Member Reviews

Thank you to the author, publisher and NetGalley for the ARC to this book in exchange for an honest review.
The author asks, "What is money?" and I think this book does a good job of explaining what it is, what bitcoin is, and how it differs from other forms of currency. However, the idea behind bitcoin certainly has its merits, especially for those in developing countries and/or countries where the government is exerting oppressive rule over the people, but I still don't really see the point for the people in developed countries. Further, I do not think established countries will relinquish control over their money, especially the United States which enjoys most powerful currency status by far. Regardless, I enjoyed this book as it helped me to understand things much clearer and will be interesting to see the evolution of cryptocurrency. I rated this book 3.5 stars

"Principles of Bitcoin" by Vijay Selvam offers a comprehensive, first-principles-based framework for understanding Bitcoin.
While accessible to beginners, its value truly shines for those more advanced who are looking to refine their arguments and beliefs.
Selvam delves into the technology, economics, politics, and philosophy of Bitcoin, presenting a decidedly pro-Bitcoin perspective, making it less of a balanced view and more of a philosophical exploration of Bitcoin's potential.

This book talks about the logic behind bitcoin in great detail with its philosophy and its qualities as a commodity.
Unfortunately, despite reading some paragraphs twice, I was not able to fully grasp the principles of bitcoin.
In some other parts, it was very clear to understand why bitcoin is important. I liked that it was explained that it does not rely on internet to work.
I believe this book is more for those in finance, economy, trade and those with a better background on the principles behind currencies and commodities. I am not an entire newbie, but I still found this book challenging.
Much needed book, regardless.