The Truth Machine – A Book Review
"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 Secretary
From 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.
In this fascinating book, the authors explain how Blockchain will profoundly influence the way we think about trust and money. The emergence of Blockchain paved the way for so many fascinating new avenues of business and the growth of informal jobs in various sectors. People from all over the world collaborate with their peers without any middleman and that changed everything we imagined about money and trust. Aptly named as ‘trust protocol,’ Blockchain has the potential to touch every aspect of life like the Telephone of the 20th century.
Michael J. Casey, Author
“[A] subtle, and useful, investigation of what blockchain is, and what we might reasonably expect it to accomplish...Even more than AI, blockchain is something most executives know they should care about, but haven’t yet really figured out how to use. Casey and Vigna’s book would be a good place to start.” ―Strategy + Business
“An in-depth, fair, and engaging account of a massive technological shift that affects everyone.” ―Business Insider
"References to bitcoin (the currency) and blockchain (the accounting ledger) are increasing at warp speed, and many of us are struggling to keep up. This book serves as a guide to this new economic order, designed to create a safer and fairer system for global transactions in part by cutting out the middleman (banks and government, for starters)." ―The Toronto Star
“The authors ably explain highly technical information in layperson’s terms, and the text is neither too dense nor too basic. Readers may pick this one up for the Bitcoin connection and find themselves fascinated with the blockchain’s potential to change the world’s financial systems for the better.” ―Booklist
“Blockchain represents nothing less than the second era of the internet, with the potential to fundamentally change the modern digital economy. The Truth Machine offers important insight and a concrete vision into the transformative potential of the blockchain from two leading thinkers in this nascent technology. This is a must-read for anyone looking to understand how the blockchain can help solve some of the most pressing social and economic issues of our time.” ―Don Tapscott, Executive Chairman, Blockchain Research Institute and co-author of Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World
“With thoughtful and well researched analysis, The Truth Machine leads you through a history of cryptocurrencies and blockchains that reveals the path forward towards a decentralized economy, one in which opportunity and access are widely spread.” ―Andreas M Antonopoulos, author of Mastering Bitcoin and The Internet of Money series
“The Truth Machine is a brilliant, beautifully written guide to the blockchain revolution that is redefining “trust” for our increasingly globalized world.” ―Hernando de Soto, President of the Institute for Liberty and Democracy, author of The Mystery of Capital
“Casey and Vigna are among the blockchain and digital-currency sector's most important visionaries. They are shaping a new understanding of how we can gain greater personal control over our data, assets, identities and creations to forge a more inclusive, collaborative and innovative society.” ―Imogen Heap, Grammy award-winning singer-songwriter and founder of Mycelia
“Casey and Vigna have done it again! It turns out that digital currencies may only be the spark for the next major revolution in business and society. The implications of trust being the blockchain’s real killer app cannot be ignored by any serious investor.” ―“Downtown” Josh Brown, CEO of Ritholtz Wealth Management, star of CNBC’s The Halftime Report
“This unparalleled examination of the blockchain landscape will open people's eyes to how a decentralized information system can level the playing field for humanity.” ―Mariana Dahan, founder and CEO, World Identity Network, first coordinator of The World Bank's Identification for Development (ID4D) Initiative
“In The Truth Machine, Casey and Vigna describe, in vivid detail, both the theory and practice of the coming block-chain revolution, giving us a powerful technological roadmap to a more participatory future in the digital age.” ―Jeremy Rifkin, author of The Zero Marginal Cost Society
“[The] world…is at a digital and legal turning point. The ‘truth,’ Casey and Vigna show us, is that to move forward we must rethink how information, markets, and value work. A wonderful read―heartily recommended.” ―Brett King, bestselling author of Augmented, host of the Breaking Banks Radio Show
About the Author
MICHAEL J. CASEY is a senior advisor at MIT Media Lab’s Digital Currency Initiative and chairman of CoinDesk's advisory board. He is a former Wall Street Journal columnist and has authored four other books. PAUL VIGNA is a reporter at The Wall Street Journal. The Truth Machine is his third book.