Michael Bywater

The book that made me (almost) believe in bitcoin

In his review of Dominic Frisby’s Bitcoin: The Future of Money? Michael Bywater points the way to the possible future of economic history

issue 29 November 2014

Bitcoins are digital money ‘mined’ from satanically difficult mathematical problems. Madness, obviously. But five years ago, while the rest of us were saying ‘Huh. Geeks. Money in cyberspace’, or ‘Y’what?’ a young doctor I know bought a few quids’ worth for fun. Sold it later for £800. Now she’s out on a hillside in the driving rain with her hawk.

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