Michael J. Casey

From the authors of the fascinating The Age of Cryptocurrency, comes the definitive work on the Internetâ??s next big thing: the blockchain.

The internet as we know it is broken. Here's how we can seize back control of our lives from the corporate algorithms and create a better internet--before it's too late. It was once a utopian dream. But today's internet, despite its conveniences and connectivity, is the primary cause of a pervasive unease that has taken hold in the U.S. and other democratic societies. It's why youth suicide rates are rising, why politics has become toxic, and why our most important institutions are faltering. Information is the lifeblood of any society, and our current system for distributing it is corrupted at its heart. Everything comes down to our ability to communicate openly and trustfully with each other. But, thanks to the dominant digital platforms and the ways they distort human behavior, we have lost that ability--while, at the same time, we've been robbed of the data that is rightfully ours. The roots of this crisis, argue Frank McCourt and Michael Casey, lie in the prevailing order of the internet. In plain but forceful language, the authors--a civic entrepreneur and an acclaimed journalist--show how a centralized system controlled by a small group of for-profit entities has set this catastrophe in motion and eroded our personhood. And then they describe a groundbreaking solution to reclaim it: rather than superficial, patchwork regulations, we must reimagine the very architecture of the internet. The resulting "third-generation internet" would replace the status quo with a new model marked by digital property rights, autonomy, and ownership. Inspired by historical calls to action like Thomas Paine's Common Sense, Our Biggest Fight argues that we must act now to embed the core values of a free, democratic society in the internet of tomorrow. Do it right and we will finally, properly, unlock its immense potential.

In 1979, two University of Colorado professors decided to open Boulder Brewing Company--the forty-third brewery in the nation and the first in the state since Prohibition. Over the next four decades, young entrepreneurs from across the country flocked to the picturesque region to follow their bliss and brew beer. The county's brewing heritage is brimming with stories of how a band of ragtag ruffians helped launch a nationwide revolution. The likes of Oskar Blues, Avery Brewing Company and Left Hand Brewing Company laid the fertile ground for torchbearers such as Upslope, Bootstrap Brewing and many others. Packed with firsthand accounts from adventurous brewers, Michael J. Casey recounts the tale of those who turned Boulder County into ground zero for craft beer in the Centennial State.

"Views differ on bitcoin, but few doubt the transformative potential of Blockchain technology. The Truth Machine is the best book so far on what has happened and what may come along. It demands the attention of anyone concerned with our economic future." --Lawrence H. Summers, Charles W. Eliot University Professor and President Emeritus at Harvard, Former Treasury SecretaryFrom Michael J. Casey and Paul Vigna, the authors of The Age of Cryptocurrency, comes the definitive work on the Internet's Next Big Thing: The Blockchain. Big banks have grown bigger and more entrenched. Privacy exists only until the next hack. Credit card fraud is a fact of life. Many of the "legacy systems" once designed to make our lives easier and our economy more efficient are no longer up to the task. Yet there is a way past all this--a new kind of operating system with the potential to revolutionize vast swaths of our economy: the blockchain. In The Truth Machine, Michael J. Casey and Paul Vigna demystify the blockchain and explain why it can restore personal control over our data, assets, and identities; grant billions of excluded people access to the global economy; and shift the balance of power to revive society's faith in itself. They reveal the disruption it promises for industries including finance, tech, legal, and shipping. Casey and Vigna expose the challenge of replacing trusted (and not-so-trusted) institutions on which we've relied for centuries with a radical model that bypasses them. The Truth Machine reveals the empowerment possible when self-interested middlemen give way to the transparency of the blockchain, while highlighting the job losses, assertion of special interests, and threat to social cohesion that will accompany this shift. With the same balanced perspective they brought to The Age of Cryptocurrency, Casey and Vigna show why we all must care about the path that blockchain technology takes--moving humanity forward, not backward.

From Silicon Valley to the streets of Beijing, this is a book about a revolution in the making, a story of human invention, and a guide to the future.

An in-depth explanation of how bitcoin and other cryptocurrencies work, their potential for good and bad, and how this is likely to affect you as a citizen, government, business, and global geopolitics.Bitcoin became a buzzword overnight. A cyber-enigma with an enthusiastic following, it pops up in headlines and fuels endless media debate. You can apparently use it to buy anything from coffee to cars, yet few people seem to truly understand what it is. This raises the question: Why should anyone care about bitcoin? In The Age of Cryptocurrency, Wall Street journalists Paul Vigna and Michael J. Casey deliver the definitive answer to this question. Cybermoney is poised to launch a revolution, one that could reinvent traditional financial and social structures while bringing the world's billions of "unbanked" individuals into a new global economy. Cryptocurrency holds the promise of a financial system without a middleman, one owned by the people who use it and one safeguarded from the devastation of a 2008-type crash. But bitcoin, the most famous of the cybermonies, carries a reputation for instability, wild fluctuation, and illicit business; some fear it has the power to eliminate jobs and to upend the concept of a nation-state. It implies, above all, monumental and wide-reaching change--for better and for worse. But it is here to stay, and you ignore it at your peril. Vigna and Casey demystify cryptocurrency--its origins, its function, and what you need to know to navigate a cyber-economy. The digital currency world will look very different from the paper currency world; The Age of Cryptocurrency will teach you how to be ready.