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“Finally—here’s the book that goes right into the heart of the cryptocurrency cyclone. In this riveting account, Chow does something miraculous—he actually explains this crazy industry before describing in forensic detail how it all went bust.”
“Finally—here’s the book that goes right into the heart of the cryptocurrency cyclone. In this riveting account, Chow does something miraculous—he actually explains this crazy industry before describing in forensic detail how it all went bust.”
—Christopher Leonard, New York Times Bestselling Author of Kochland and The Lords of Easy Money
—Christopher Leonard, New York Times Bestselling Author of Kochland and The Lords of Easy Money
“Cryptomania is an epic, essential recounting of the 2022 crypto bubble, in which aspiring heroes strived to upend a predatory creator economy, and then villains like Sam Bankman-Fried co-opted a movement for their own greedy ends. It's a deeply-reported page-turner that manages to be both scathing and empathetic.”
“Cryptomania is an epic, essential recounting of the 2022 crypto bubble, in which aspiring heroes strived to upend a predatory creator economy, and then villains like Sam Bankman-Fried co-opted a movement for their own greedy ends. It's a deeply-reported page-turner that manages to be both scathing and empathetic.”
—Taylor Lorenz, author of Extremely Online
—Taylor Lorenz, author of Extremely Online
“Cryptomania is a page-turning adventure that manages to be smart, fun, damning and trenchant all at once - a globe-spanning roller-coaster ride that perfectly captures the surreal rise and fall of the world of crypto. Whether you care about crypto or just love a good story, even if you find the whole sordid saga somewhere between incomprehensible and appalling, this is the book for you.”
“Cryptomania is a page-turning adventure that manages to be smart, fun, damning and trenchant all at once - a globe-spanning roller-coaster ride that perfectly captures the surreal rise and fall of the world of crypto. Whether you care about crypto or just love a good story, even if you find the whole sordid saga somewhere between incomprehensible and appalling, this is the book for you.”
—Molly Ball, author of Pelosi
—Molly Ball, author of Pelosi
"Chow, a tech reporter for Time, debuts with a scrupulous postmortem of how “ego and arrogance” drove the 2022 cryptocurrency crash... Covering the saga through Bankman-Fried’s fraud conviction, Chow provides a more complete tally of his subject’s misdeeds than previous treatments, but he really shines in contrasting the FTX founder with the stories of genuine blockchain idealists."
"Chow, a tech reporter for Time, debuts with a scrupulous postmortem of how “ego and arrogance” drove the 2022 cryptocurrency crash... Covering the saga through Bankman-Fried’s fraud conviction, Chow provides a more complete tally of his subject’s misdeeds than previous treatments, but he really shines in contrasting the FTX founder with the stories of genuine blockchain idealists."
“Cryptomania confidently and authoritatively captures the rise of the decentralized finance movement. Andrew Chow has taken a view that is bigger than just Sam Bankman-Fried’s downfall, and confronted the larger hype cycle that had enamored so much of Silicon Valley, governments, and a huge swath of amateurs that became retail investors overnight. More than that, he tells the story with clarity — the complex trappings of crypto are made legible and the stakes are grounded in the human story of several powerful figures who could not see past their own hubris. Ten years from now, will anyone remember what NFT, DAO, or ETH stand for? Probably not, but thanks to Chow’s smartly drawn chronicle of the crypto boom, we have the definitive history of this moment — and maybe even a chance to learn a lesson from this ridiculous era.”
“Cryptomania confidently and authoritatively captures the rise of the decentralized finance movement. Andrew Chow has taken a view that is bigger than just Sam Bankman-Fried’s downfall, and confronted the larger hype cycle that had enamored so much of Silicon Valley, governments, and a huge swath of amateurs that became retail investors overnight. More than that, he tells the story with clarity — the complex trappings of crypto are made legible and the stakes are grounded in the human story of several powerful figures who could not see past their own hubris. Ten years from now, will anyone remember what NFT, DAO, or ETH stand for? Probably not, but thanks to Chow’s smartly drawn chronicle of the crypto boom, we have the definitive history of this moment — and maybe even a chance to learn a lesson from this ridiculous era.”
—Kevin Nguyen, author of New Waves
—Kevin Nguyen, author of New Waves
"Chow’s in-depth research into the African NFT and crypto scene centers the book in something real and tangible and horribly hypocritical. Reading about Nigerian artist Owo Anietie’s somewhat successful AfroDroids NFT launch was eye-opening. This book’s take on what happened to the African NFT scene when FTX imploded did more to humanize the FTX fallout than any other Bankman-Fried book I’ve read thus far."
"Chow’s in-depth research into the African NFT and crypto scene centers the book in something real and tangible and horribly hypocritical. Reading about Nigerian artist Owo Anietie’s somewhat successful AfroDroids NFT launch was eye-opening. This book’s take on what happened to the African NFT scene when FTX imploded did more to humanize the FTX fallout than any other Bankman-Fried book I’ve read thus far."
“In its short lifespan, cryptocurrency has gone through booms and busts and booms again. Trying to capture its story at any given moment is like trying to catch water between your fingers. But in Cryptomania, Andrew Chow gives readers the inside story of the (mostly) men who drove the hype cycle to end all hype cycles, and left chaos and financial ruin in their wake. Read it to understand what crypto was supposed to be, what it became, and what could still happen.”
“In its short lifespan, cryptocurrency has gone through booms and busts and booms again. Trying to capture its story at any given moment is like trying to catch water between your fingers. But in Cryptomania, Andrew Chow gives readers the inside story of the (mostly) men who drove the hype cycle to end all hype cycles, and left chaos and financial ruin in their wake. Read it to understand what crypto was supposed to be, what it became, and what could still happen.”
—Bryan Walsh, author of End Times
—Bryan Walsh, author of End Times
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