The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World

Praise for The Bitcoin Big Bang "Is Bitcoin the investment of the century or one giant bubble about to pop? The Bitcoin Big Bang provides the background and context to understand why many investors, economists, technologists, and thought leaders are calling Bitcoin and the blockchain the most important invention since the Internet…or even the printing press." —Barry E. Silbert, Founder, SecondMarket and Founder, Digital Currency Group "Want to know why prominent venture capitalists have compared Bitcoin today to the Internet in 1994? Brian Kelly goes beyond the hype to explain why this technology is transformative and prepares you for the digital currency revolution." —Melissa Lee, Host, CNBC's Fast Money "Whether Bitcoin is a currency or not doesn't matter, according to Brian Kelly. It's the technology behind Bitcoin that will shape financial services in the years to come. The Bitcoin Big Bang is essential reading for anyone who wants to understand the dramatic changes about to happen in how we pay for goods and services." —Dan Nathan, Founder, RiskReversal.com and Contributor to CNBC's Fast Money and Options Action

Chapter 1 Bitcoin is a Bubble The Quest to Buy Bitcoin Bitcoin Enlightenment Currencies Are a Matter of Trust What is Bitcoin? Is it a Currency? It’s Revolutionary Chapter 2 Understanding the Digital Gold Rush The Language of Bitcoin How Do I Buy Bitcoin? Who ‘Gets’ It? The Gold Rush is Just Starting Chapter 3 Bitcoin is More Than Digital Gold Searching for Satoshi The Search Why Is Satoshi A Genius? Bigger Than Satoshi Chapter 4 Byzantine Generals Problem How Does Bitcoin Solve the BGP? 51% Attack An Elegant Solution Chapter 5 A Decentralized Financial System Grand De–Central Station What’s At Stake? Central Banks Bitcoin Is the Catalyst Chapter 6 What Do You Call a Bitcoin Miner? A Banker How Does a Bitcoin Transaction Work? What is Cryptography? Still Want to be Miner? Do We Need Another Bitcoin? Nautiluscoin—$0 to $1 Million in 60 Days Creating the Coin Did It Work? Chapter 8 Building the Nautiluscoin Economy Dynamic Proof–of–Stake Other Policy Tools Alternative to Gold Money, Made Better Financial Market Integration Special Drawing Rights Why NAUT? Chapter 9 Investing and Trading In Alternative Currencies A New Investment Class Valuation Exchanges Investment Vehicles Asset Class Growth Chapter 10 Regulation Regulatory Agencies Challenges to Regulation Pushing on a String Chapter 11 Smart Money: Set It and Forget It Rules of the Road Smart Contracts and Property Ethereum Crypto–Equities: A New Type of Investment Decentralized Autonomous Organizations Money, PHD Chapter 12 Everything You Know About Business is Wrong Cryptonomics Growth Share Matrix Learning Curve Effects Porter’s Three Generic Strategies Human Resource Management Fueling the Sharing Economy The Future Just Might Work Appendix 1 Department of the Treasury Financial Crimes Enforcement Network Guidance FIN–20 13–G00 1 Issued: Niarch 18, 2013 Subject: Application of FinCEN’s Regulations to Persons Administering, Exchanging, or Using Virtual Currencies Currency vs. Virtual Currency Background Definitions of User, Exchanger, and Administrator Users of Virtual Currency Administrators and Exchangers of Virtual Currency Providers and Sellers of Prepaid Access Dealers in Foreign Exchange Appendix 2 NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES PROPOSED NEW YORK CODES, RULES AND REGULATIONS TITLE 23. DEPARTMENT OF FINANCIAL SERVICES CHAPTER I. REGULATIONS OF THE SUPERINTENDENT OF FINANCIAL SERVICES PART 200. VIRTUAL CURRENCIES Section 200.1 Introduction Section 200.2 Definitions Section 200.3 License Section 200.4 Application Section 200.5 Application fees Section 200.6 Action by superintendent Section 200.7 Compliance Section 200.8 Capital requirements Section 200.9 Custody and protection of customer assets Section 200.10 Material change to business Section 200.11 Change of control; mergers and acquisitions Section 200.12 Books and records Section 200.13 Examinations Section 200.14 Reports and financial disclosures Section 200.15 Anti–money laundering program Section 200.16 Cyber security program Section 200.17 Business continuity and disaster recovery Section 200.18 Advertising and marketing Section 200.19 Consumer protection Section 200.20 Complaints Section 200.21 Transitional Period

BRIAN KELLY is a CNBC contributor who regularly appears on Fast Money, Halftime Report , and The Kudlow Report . His 20 years of success in U.S. and foreign currency and equities trading have gained him enormous respect among the clients of his investment management firm, Brian Kelly Capital, LLC, which focuses on global macro and currency investing. Brian holds an MBA from Babson Graduate School of Business, with a concentration in finance and econometrics.