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Proof of Money: The Big Idea Behind Bitcoin (What You Don't Know About Why You Need It) by Terence Michael

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

by Terence Michael
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Book cover type: Paperback
  • ISBN13: 9798218150020
  • Binding: Paperback
  • Subject: N/A
  • Publisher: 100 Percent Terry Cloth
  • Publisher Imprint: 100 Percent Terry Cloth
  • Publication Date:
  • Pages: 308
  • Original Price: USD 21.0
  • Language: English
  • Edition: N/A
  • Item Weight: 454 grams
  • BISAC Subject(s): Bitcoin & Cryptocurrencies, Money & Monetary Policy, and Personal Finance / Investing

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).

Michael, Terence: - Emmy-nominated producer Terence Michael has produced over 20 movies and 30 TV shows. He owns a production company, a mortgage business, and consults entrepreneurs on how to cultivate their skills and strategize investments. He has also flipped, rehabbed, and monetized all types of real estate from single family homes to multi-unit apartment buildings.His 2017 self-improvement book, Produce Yourself, highlights the lessons story teaches about optimizing the internal hero. And how to apply that to business and leadership.His 2020 finance book, Make Bank (when you think like one), focuses on passive income strategies to earn higher interest rates with crowdfunding, fractional lending, and other accredited investor arbitrage opportunities.This 2023 Bitcoin book, Proof of Money, reveals an alternate money universe that is more fair and egalitarian than the traditional one most are disadvantaged by.Terence 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.The easiest way to find him is on Instagram @ProduceYourself, on Twitter @ProofOfWork, or TerenceMichael.com

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