Proof of Money: The Big Idea Behind Bitcoin (What You Don't Know About Why You Need It) Paperback – 8 May 2023

Terence Michael . 100 Percent Terry Cloth . English

Bitcoin can grow and secure your wealth for generations. But the key is knowing how, why, and when. Get ready to challenge what you think you know about money. Bitcoin is a better all-in-one investment - No monetary debasement - No intermediaries, brokers, managers - No rehypothecation. Full bearer asset you hold - No need to financialize things you don't care about Bitcoin is better than stocks and bonds - No centralization - No counterparty risk - No VIP, IPO, or insider privilege - No CEO or executive decisions Bitcoin digitizes gold - Makes it portable, divisible, verifiable, frictionless Bitcoin is the "internet of money" - 24/7 access, decentralized, permissionless, lightning fast Bitcoin demonetizes income real estate - No maintenance, deterioration, property taxes, tenants, liens - Liquid, fractional, instant, mobile - Absolute scarcity and sovereign rights for anyone Bitcoin revolutionizes money technology - Auditable, immutable, transparent, open-source - Unhackable ledger of value secured by energy Bitcoin improves the environment - Stabilizes electric grids - Emits zero carbon emissions - Removes methane and CO2 from others - Consumes less than 0.1% of global energy - Relies solely on wasted, discarded, stranded, renewable energy Bitcoin is freedom for 8 billion people - For the unbanked, oppressed, disenfranchised - Sees no borders, race, religion, politics, sex, or status - Equality of opportunity and value for all Bitcoin is a separation of money from the state - Free from confiscation, sanction, manipulation, censorship - Supports independence, activism, or privacy - Accountable only to the holder, a bank of the brain The secret to unlocking Bitcoin is understanding its principles and properties. Whether you're a seasoned investor or a curious newcomer, this book will transform your relationship with money (and help you gain more of it).

Categories: Religion

About the Author

Emmy-nominated producer Terence Michael has produced over 20 movies and 30 TV shows. He invests in real estate, owns a mortgage business, strategizes investments for clients, and consults entrepreneurs on how to cultivate their skills. His self-improvement book, Produce Yourself, highlights the lessons story teaches us about optimizing our internal hero. His passive income book, Make Bank, focuses on real estate strategies, 1031-Exchanges, DSTs, fractional mortgage-lending, and other accredited investor vehicles. His Bitcoin book, Proof of Money, leaves the traditional finance hustle behind for one that is more egalitarian and fair for everyone. Whereas Make Bank is for investors who need to take risks to hurdle inflation, Proof of Money introduces the reader to an alternative system that fights inflation and bad actors of legacy finance. He has been featured in The Los Angeles Times, Newsweek, Details, Business.com, The Penny Hoarder, Magnify Money, FitSmallBusiness, MyCorporation Blog, UpJourney and The Christian Science Monitor. Additionally, he has guest lectured and consulted on development, financing, story, packaging and nuts-and-bolts producing panels for the Cannes Film Festival, the Los Angeles Film Festival, Independent Film Project (IFP), the SXSW Film Festival, AFI, and UCLA Film Extension. He can often be found riding his Onewheel by the beach, playing with his dog, working on the house, or spending time with his girlfriend. Not in that order. Terence Michael has collaborated with many artists and brands in film and TV, including: Actors: Scarlett Johansson, Alycia Debnam-Carey, Ben Stiller, Sarah Jessica Parker, Vera Farmiga, Jeffrey Tambor, Téa Leoni, Tom Sizemore, Katherine Heigl, Peter Dinklage, Giovanni Ribisi, Cuba Gooding, Jr., Patrick Dempsey, Jaime Pressly, Mia Kirshner, Michael McKean, Britt Robertson, Oliver Hudson, Emmanuelle Chriqui, Jonathan Tucker, Nora Dunn, Skeet Ulrich, Cheryl Ladd, Elizabeth Reaser, Megan Mullaly, Jennifer Morrison, Erin Bartlett, Jesse Bradford, Adam Goldberg, David Krumholtz, James Tupper, Eric Szmanda, Eric Mabius, Eric Schaeffer, Sam Lerner, and lates Alan King, Jill Clayburgh, and John Heard Comedians: Jim Norton, Adam Carolla, Tom Green, Chris Hardwick, Flula Borg, Ken Marino, Alonzo Bodden Athletes: Vince Papale, Rick Barry, James Stewart, Ryan Dungey, Todd Potter, and the Metal Mulisha team, Tony Hawk, Buckey Lasek, Jason Ellis, Shawn White, Wendy Ingraham and Chris Legh Musicians: Aimee, Mann, The Verve Pipe, Jill Sobule, Blink 182, Amanda Kravat, Foxy Brown, Usher, Vanessa Carlton Hosts/Authors: Catt Sadler, Amanda De Cadenet, Karla Cavalli, Allen Haff, Paul McKenna, Lisa Williams, Grant Imahara, Leeann Tweeden, Page Turner Brands: Sony, Universal, MGM, Lionsgate, and HBO; NBC, Fox, MTV, VH1, Bravo, Showtime, Lifetime, TLC, TNT/TBS, Spike, Esquire, Syfy, Travel Channel, HGTV, and A&E.,RedBull, Degree, Monster, Playboy, Jabbawockeez, The Golden Nugget, Joe’s Crab Shack, Oakley, the Duck Dynasty family

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