The Bullish Case for Bitcoin

Vijay Boyapati, Michael J Saylor

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English

Vijay Boyapati
08 May 2021

Economics; Online finance & investing; Distributed systems

The Bullish Case for Bitcoin, first published as a long-form article, represents an intellectual tour de force delivered with elegance and prescience by a polymath well-versed in mathematics, computer science, economics, philosophy, politics, and engineering. After March of 2020, it was evident to me that the world needed a new money based on technology. However, in February 2018, when Boyapati first published his paper, this insight required much greater perspicacity, courage, and conviction.

In a clear and concise manner, Boyapati presents the theory of money, the anatomy of Bitcoin, the reasons it is superior to the gold and fiat standards that came before it, and the promise that it offers to human civilization. He describes path dependence and the trajectory of a newly monetizing asset in terms the layman can understand, and he addresses the concerns that most commonly arise as newcomers struggle to comprehend the essence and significance of this first digital monetary network. I was immediately captivated by The Bullish Case for Bitcoin when I first read it and made it part of the recommended reading for all the officers and directors of my firm as we educated ourselves on Bitcoin and considered the logical path forward. In this book Boyapati updates and significantly expands on the ideas presented in his original article.

By: Vijay Boyapati
Foreword by: Michael J Saylor
Imprint: Vijay Boyapati
Dimensions: Height: 216mm, Width: 140mm, Spine: 8mm
Weight: 183g
ISBN: 9781737204114
ISBN 10: 1737204118
Pages: 136
Publication Date: 08 May 2021
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Unknown

Born and raised in Australia, Vijay Boyapati moved to the United States in 2000 to pursue a PhD in Computer Science. Instead of enrolling in a doctoral program, Boyapati ended up at a small startup called Google where he spent several years using his background in machine learning to improve the ranking algorithms used in Google News. Boyapati left his lucrative job in 2007 to work on a grassroots campaign in the 2008 Presidential election, helping to raise millions of dollars and bring hundreds of volunteers to New Hampshire to canvass for Ron Paul. In 2011, Boyapati discovered Bitcoin and went down the proverbial rabbit hole in a quest to understand how a new form of Internet money, backed by no commodity and guaranteed by no government, could have any economic value. Armed with a background in Austrian economics, Boyapati penned The Bullish Case for Bitcoin as a long-form article in 2017 to provide the layperson with an economic framework with which they could understand Bitcoin. Vijay Boyapati has a Bachelor of Science with first class honors from the Australian National University, receiving the University's highest undergraduate honor, the University Medal. He is a husband and loving father of Addie, Will, and Vivi. He lives with his family in Seattle, Washington

Reviews for The Bullish Case for Bitcoin

An excellent and inspiring introduction to, and reminder of, Bitcoin's value to the world, all through a comprehensive and historical lens on money. -Jack Dorsey, CEO of Twitter and Square The Bullish Case for Bitcoin is always on my recommended reading list when introducing folks to Bitcoin. Great stuff. -Cynthia Lummis, United States Senator for Wyoming The Bullish Case for Bitcoin is an informative and engaging read for the newcomer and long-time Bitcoin enthusiast alike. Boyapati makes a compelling case for Bitcoin via a fast-paced tour of the historical setting of money, the properties of different types of money, and why Bitcoin is the world's best form of money and store of value, potentially set to displace other forms. -Adam Back, cypherpunk