Overview

To bite into the coin, or not to bite into the coin, that is the question. Much has been written about the Bitcoin phenomenon which has taken the world by storm, resulting in countless believers proclaiming overnight wealth and encouraging others to climb on the bandwagon. Is Bitcoin everything that it is made out to be, or is it simply another bubble waiting to burst, in the same way that the dot.com bubble did in the late 1990s, resulting in the uneducated and the uninformed losing their hard-earned money? Written from the perspective of a CERTIFIED FINANCIAL PLANNER(R) Professional, Cryptomania will give both the optimist and the pessimist, the believer and the person sitting on the fence, a holistic view and an unbiased understanding of Bitcoin, the blockchain, and cryptocurrency in general, highlighting Bitcoin's strengths and weaknesses through a comprehensive SWOT analysis. Topics covered include: -Digital currency versus fiat currency -Could Bitcoin replace paper money in the future? -Making sense of Bitcoin and altcoins -Understanding the blockchain, how it works, and its future potential -Understanding Initial Coin Offerings (ICOs) -How Bitcoin mining works -Cryptocurrency and cybercrime -Predicting the future value of Bitcoin? -Understanding government regulations and taxation around cryptocurrency -Guidance for advisors working in the financial services industry This book will provide you with the knowledge you need to take an objective view of both sides of the coin.

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9781986689403

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