⭐⭐⭐⭐ Number Go Up by Faux
| Full Title | Number Go Up: Inside Crypto’s Wild Rise and Staggering Fall |
|---|---|
| Authors | Zeke Faux |
| Year Published | 2023 |
| Date Read | May 12, 2024 |
| Rating | 4/5 stars |
Pretty happy with this one. Really enjoyed having the author give a bit more background on how he was trying to investigate the story; came away with the impression that this sort of journalism is actually fairly adventurous and ill-defined in terms of what exactly you should do to succeed. The book also gets props for avoiding being as unreasonably effusive as Going Infinite: The Rise and Fall of a New Tycoon. One thing that the book argues for, which I haven’t really thought of previously, is that since so much of the crypto market is used for shady / questionable things, people don’t really care if the “fundamentals” are really what they are represented to be. Of course, if we get overhyped, things have to crash, but there’s always going to be demand from pig butchering, drug dealing, human trafficking, etc. that will provide a floor for Tether et. al.
Would recommend to those with even a passing interest in crypto.