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Aaron Van Wirdum is one of the best writers working in the bitcoin space. I first heard of him when this book was released. I don’t know why. Maybe I never check Bitcoin Magazine bylines. I read the glowing reviews. I even downloaded a free digital copy, which I can’t seem to find. I didn’t read it because I thought it only focused on the cryptographic work that preceded the genesis block, so I was afraid it would be over my head technically. I’m glad I finally decided to give it a try. It is a must read for anyone interested in bitcoin.
Aaron has already had a long, impressive career. He studied journalism and politics in college, where he “adopted a focus on the historic influence of new technologies on societal structures.” He bought his first bitcoin in 2013, and has been writing about it for Bitcoin Magazine ever since. He also served as the editor in chief of the print edition of that publication.
This book is by no means a straight chronological history. The author weaves parallel narratives together which ultimately concludes with the bitcoin white paper. These narratives include the origins of money, the formation of the “Austrian” school of economics, twentieth century geopolitics, the anarchic origins of hacker culture and the FOSS ethos, as well as the cryptographic advances of the cypherpunks. In its telling, these distinct histories are blended brilliantly to tell a fascinating story.
I wondered if it was my imagination, or has this book flown a bit under the radar? Is it as good as I think it is? I sought the opinions of people who I respected. Here are some quotes:
“Until now you could find many books about Bitcoin, but none that covered its multifaceted cultural background in a complete, systematic, and elegant way. Aaron van Wirdum, already famous for his ability to accurately convey subtle technical matters to a generalist audience, just wrote it. A must-read if you want to understand where Bitcoin came from.” — Giacomo Zucco
“Why is Bitcoin so different from its predecessors? This book sheds light on the problems which vexed smart, hardworking people in the pre-Bitcoin era. That is the right way to tell a technology story. All of the important problems are included, and they're all in the proper order. The best Bitcoin book yet written.” — Paul Sztorc
“The Genesis Book takes us on a century-long journey through the little-known stories of visionaries whose insights and innovations laid the foundation for the revolutionary creation of Bitcoin. From the economists who challenged conventional wisdom to cypherpunks who blazed new trails in privacy, Aaron van Wirdum meticulously weaves together a tapestry of technological triumphs, setbacks, and extraordinary breakthroughs. You'll be captivated by the anecdotes of individuals who dared to dream beyond the status quo, pushing the envelope to reshape the landscape of money itself.” — Jameson Lopp
I feel fortunate that so many highly regarded bitcoin related books have been published over the past few months. This was the first one I read of the recent releases, and I made a good choice. Read this book.
225 sats \ 0 replies \ @yoshi 27 Jun
One of my favorite Bitcoin books, it really helped put Satoshi's achievement into perspective for me. Before I read the book, I thought Satoshi must be some kind of time traveler to have figured all this out.
Still a genius, of course, but the book makes the whole immaculate concept much more understandable. It shows that Satoshi was preceded by some truly remarkable people.
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Number 1 takeaway: This book finally connected the dots between the economic philosophy and the technical.
  • Hayek is emphasized right from page 1 and is reintroduced several times throughout the story as the technology slowly progresses towards the realization of his concept of a Denationalized Money system.
  • This book will show you how various groups of futurists, hackers, and scientists worked together to try to fulfill Hayek's dream of a decentralized economy, referred to as a 'spontaneous order'.
Before reading this book it always puzzled me how the cipher punks even got the idea to make money external to a government or bank.. Where does that idea even come from... I have read all of the papers referenced in the whitepaper and the original idea for this kind of money system is much older than any of those fields of research. This book has that answer, it's Hayek.
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This book finally connected the dots between the economic philosophy and the technical.
Perfectly sums it up. I just re-read your reply. Great insights, particularly re Hayek.
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I made notes while I was reading. I was going to say that Chapter 1 was a perfect primer on Austrian economics, but I soon realized he kept coming back to it throughout the book. I really enjoyed the Hayek/Keynes clashes, and the little anecdotes were great. For instance, I didn't know that Hayek didn't originally take a Mises course because he was a socialist as a young man. Another thing that struck me was the Austrian property rights philosophy juxtaposed with the FOSS sharing non ownership culture. In fact, I think that's worth talking about in its own post.
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Thanks for recommending it! Will put it in the list!
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It’s now on my list, thanks.
This interests me because understanding more in depth where Bitcoin came from, the technologies and individuals that gave rise to it - should help understand where we are headed and reassure doubters who say that Bitcoin is simply a creation of the NSA.
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Nice. Thanks for recommendation.
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Amazing! I've listened so much of this book recently. Yours is the best review. A must read for me now. This is now on top of my reading list.
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Oh great, another book I need to read on my unread shelf :D
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You won't regret it.
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This is one of the books that you can recommend without even reading it.
The book is essential for anyone who wants to understand where Bitcoin came from and is interested in the multifaceted cultural background of Bitcoin.
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Thank you for your sharing this book. It sounds interesting.
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54 sats \ 1 reply \ @Taft 27 Jun
Thanks for the review. I think it convinced me to read the book.
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You won't regret it.
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I have heard several times about this book, but I have not read it yet, thanks for the review, it has made me want to read it.
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I hadn't heard of this but this is interesting. I don't think there has been another bitcoin book that chronicled all the people and projects that led to Bitcoin.
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I learned about so many people besides the Austrians in this book: Richard Stallman Eric Raymond Whitfield Diffie Martin Hellman Ralph Merkle (the tree guy)
And many more...
I realized how ignorant I am.
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Excellent 👍 I have a short time in the Bitcoin world.. and I really like books 📚.. I'm going to look for it here in Lima Peru.. 👍
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It's on Amazon if you're a kindle person.
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This had been kinda sorta on my list, and now has become a must-read. It sounds fantastic.
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This and Cryptosovereignty by Eric Cason are underrated books in the space. I was thinking about doing a review of this book on the Medium platform.
This book puts things in perspective. None of these guys were trying to get rich more trying to preserve rights and freedoms granted by a creator and not man
I know people come in to bitcoin to get rich as I did in 2017 but when you read books like this it shows how humble these early adopters were and most didn’t or won’t end up fabulously wealthy.
Thus I should be more humble and not be obsessed with getting rich off bitcoin
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I really want to read the Cason book too. Maybe now I have the motivation. Good observation about the pre Satoshi people.
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Yeah it’s not the easiest read. Some of the stuff is hard to comprehend. But the overall message resonated with me and how the state basically does what ever they want
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
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Thanks. It's a good one. Give it a read when you get a chance.
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I know. It's worse for me because I can't read as fast as I used to, and I need to take notes now to make sure the ideas don't completely vanish from my consciousness.
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I can't write in them either. Sacrilege
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