The Blockchain Economy book

The transition from exchanging content online to exchanging value online changes everything. Read this book to learn how to prosper in this new economy.

You are reading the online serialised version of The Blockchain Economy book. This is the free part of an open source book. It will always be free. It is our donation to the community.

We will shortly be releasing a PDF version for a small fee. Customers get the benefit of a more professionally edited version and the convenience of  having it all in one document. Customers can read the PDF versions digitally on various devices (up to 5 copies allowed for own use) or print it if they prefer. Delivery will be by email and customers go into a mailing and will automatically get updated versions as soon as they are available.

On our roadmap are professionally printed versions using Print On Demand and versions optimised for specific eReader devices.

In the meantime, we hope you enjoy the free serialised version. This is back to the future – in the dim and distant past, books were serialised in print magazines. Today, serialisation is online not in a print magazine.

If you see anything missing or wrong, please add this in comments. We want this to be an organic living document. Comments will always be visible here and we use that data to created updated PDF deliverables in future.

There are four introductory chapters:

Preface: Who should read the Blockchain Economy book

Blockchain is Internet Version 3

101 Introduction to some key words you will need to understand in order to read this book

The creative Destruction 7 Act Play

The book is then divided into 3 parts – focussed on 1) Infrastructure 2) Existing Markets 3) Investing.

Part 1 = The Infrastructure For The Blockchain Economy 

Part 1/Chapter 1 = The infrastructure for the Blockchain Economy is being built in a 3 layer stack

Part 1/Chapter 2 = Layer 3: Creating the Blockchain Market Infrastructure at Light Speed.

Part 2/Chapter 3 = The Blockchain Middleware services layer 2 will be as valuable as air

Part 2/Chapter 4 = Protocol Layer 1 & The Bitcoin Maximalist Debate.

Part 1/Chapter 5= Shy XBRL Emerges Blinking Onto The Blockchain Economy Stage To Power Security Tokens

Part 1/Chapter 6 =Real Time Settlement is the big market innovation powering ICOs and Tokens

Part 1/Chapter 7 = Digital Cooperatives may become the Default Corporate Structure in the Blockchain Economy

Part 1/Chapter 8 =Why The blockchain Economy Wont be Financed by Ye Olde Artisanal VC Funds

Part 1/Chapter 9 = Will The Blockchain Economy Be Powered By Something Totally Different Like a Tangle Or DAG?

Part 1/Chapter 10 = Multi Layer Blockchain scaling solutions.

Part 1/Chapter 11 = The Past Present & Future Of Bitcoin Mining

Part 1/Chapter 12 = Some Governments Want To Shut Down Bitcoin But They Don’t Know How

Part 1/Chapter 13 = Why Non State Governance For Bitcoin Ethereum And Other Cryptocurrencies Is So Hard

Part 1/Chapter 14 = Blockchain Economy Is The 1937 Coase Theorem Brought To Life And That Worries Big Corp

Part 1/Chapter 15 = Digital Identity Is The Key To The Blockchain Economy

Part 1/Chapter 16 = TOR and other threats to privacy-centric Altcoins

Part 1/Chapter 17 = Proof Of Stake Is More Like Financial Bonds Than Proof Of Work Mining

Part 1/Chapter 18 = Why bitcoin is surprisingly valuable and stable as a chair with only one leg

Part 2 = How The Blockchain Economy Will Impact Existing Markets

Part 2/Chapter 1 = Watch Blockchains Creative Destruction 7 Act Play

Part 2/Chapter 2 = Blockchain Bits Of Destruction Hit Wall Street

Part 2/Chapter 3 = Blockchain may finally disrupt payments from Micropayments to Credit Cards to SWIFT

Part 2/Chapter 4 = Blockchain May Disrupt Insurance Before Banking

Part 2/Chapter  5 = How Blockchain Could Finally Enable The Vision Of User Controlled Electronic Health Records

Part 2/Chapter 6 = Blocks Of Disruption Hit The Media Business As Privacy Finally Hits The Front Page In 2018

Part 2/Chapter 7 = Blocks Of Destruction Hit The Supply Chain Business

Part 2/Chapter 8 = Blockchain Smart Contracts Leads To A Near Term Boom But Decimates The Entry Level Legal Jobs On Which The Industry Depends.

Part 2/Chapter 9 = Blockchain Second Killer App Maybe In The Sharing Economy

Part 2/Chapter 10 = Cannabis And Blockchain Are Two Legally Grey Area Markets Getting Together

Part 2/Chapter 11 = Decentralized Marketplaces to beat Amazon = big opportunity Or Cypherpunk Pipedream? 

Part 2/Chapter 12 = 11 other established markets that are facing Blockchain disruption.

Part 2/Chapter 13 = Blockchain Bad News For Incumbents Is 10x Price Collapse, Good News Is 10x Increase In Volume

Part 2/Chapter 14 = Try to ignore the Blockchain Hype Coaster

Part 3 = Investing In The Blockchain Economy

Part 3/Chapter 1 = Introducing Part 3 Of The Blockchain Economy Serialised Book -Investing In The Blockchain Economy

Part 3/Chapter 2 = Investing in Utility Tokens.

Part 3/Chapter 3 =Investing in Early Stage Equity via Security Tokens (fka Venture Capital). 

Part 3/Chapter 4 = Investing in Asset Backed Tokens.

Part 3/Chapter 5 =Investing in Payment Tokens and Stablecoins (aka new currencies). 

Part 3/Chapter 6 = NonProfit Tokens.

The book concludes with a chapter focussed on the entrepreneur, who is the lead actor in the Creative Destruction 7 Act Play:

Creating A New Venture In The Blockchain Economy

The book is now complete and in editing. If you would like to be an early reviewer and help shape the final version before it goes on sale, please send an email to bernard at dailyfintech dot com.