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Atlantis, 245

Australia, 44–45, 117, 168, 171

Automated Clearing House (ACH), 133

Avalon (ASIC), 190, 206

Back, Adam, 17–22, 339, 348

Baidu (Chinese search engine), 261–

262

bank bailout of 2008, 32, 111

Bank of America, 272

Bates, Richard, 75–77, 115–116

bee-te-bee (Chinese Bitcoin), 255–256

Beijing Summer Olympics (2008), 145

Benchmark Capital, 282, 293, 305

Bernanke, Ben, 266

Bezos, Jeff, 353

Bharara, Preet, 299–300

Bill and Melinda Gates Foundation,

353–355

Bitcoin

arrival of Gavin Andresen, 44–47

arrival of Martti Malmi, 29–30

building trust, 24–25, 33, 48, 61–62,

69, 99–100, 279, 315, 339

buying/selling with, 43–44, 82, 119–

120, 129–130

changing business model, 236–239

characterization as “cryptocurrency,”

36

comparison to gold, 157–158, 165,

182

comparison to paper money, 219,

286–287

creation and operation of original

code, 4–6, 20–24

disappearance of Satoshi Nakamoto,

x–xiii

hacking and scandals, 91–99

increasing price/value, 38, 66–69, 79,

81–85, 89–91, 131, 175, 180, 184,

193–196, 204–206, 210–211, 250–

253, 262–264, 267, 271–275, 284–

285

legality/government regulation, 196–

198, 251

limitations based upon computers, 347

Mt. Gox collapse busts bubble, 308–

317

origin and ideology, vii–xv, 5, 113–

114

as Ponzi scheme, 220

proof-of-work, 18–19

Bitcoin Foundation

candidacy of Bobby Lee, 345

dealing with Bitcoin collapse, 314–

315

Gavin Andresen as member, 192

involvement in Senate hearing, 265–

267, 270, 300–302

Patrick Murck as member, 176

planning and creation of, 138–142

regulatory problems, 217–219, 233–

236

resignation of Charlie Shrem, 302

Bitcoinica, 237

Bitcoin Investment Trust, 314

Bitcoin Meetups. See conferences (Bitcoin and others)

Bitcoin mining

about process vulnerability, 41–42

creating blocks and recording

transactions, 359–361

creation of ASIC chip, 189–192, 259,

329–330

creation of Avalon chip, 190, 206

formation of mining companies, 294–

295, 328–329

formation of mining pools, 192–194

GPU technology, 42, 56, 189–191

growth in China, 259–261, 329

Litecoin mining, 283

more users increased difficulty, 53

role in securing system, 100

Satoshi Nakamoto patterns, 324

specialized computers/computing

power, 105, 170, 190, 233, 324, 330,

347

The Bitcoin Show (TV program), 102, 128

Bitcoin software

about operation, 23, 357–362

beta testing, 25–26, 58

changes to code, 22–24, 35–39, 43–

46, 55–58, 61–62, 141, 309, 346–

347

creating/maintaining protocol, x, 5–6,

32, 99, 215–216

creation and launch, xiv, 30–31, 319,

346

downloads, 49–51, 80, 237, 261

Google interest, 100–102

hard fork, 193, 195

“1 RETURN” bug, 56

role of public-key

cryptography, 9–10, 17–18

running on Macintosh, 41

transaction malleability problem, 309–

314

updates and old versions, 37, 59, 193–

195

version 0.2, 37

version 0.3, 47–48

version 0.319, 59

version 0.7, 194–195

version 0.8, 194–195

The Bitcoin Trader (blog), 195

Bitcoin White Paper, 21, 45, 339

Bitfury, 330

bit gold, 18, 338–339

BitInstant. See also Shrem, Charlie attracting investors, 130–135

creation and function, 128–130

dealing with problems and

competitors, 201–207

hacker penetration, 150

investment by David Azar, 134, 150–

151

investment by Roger Ver, 128

investment by Winklevoss twins, ix,

173–176, 211–215

involvement of Erik Voorhees, 135–

137

management problems, 220–222

regulatory problems, 222–224

trading volume, 201, 205–207

BitLicense, 302, 317

Bitomat (Polish exchange), 97–98

BitPagos (Argentinian payment

service), 278–279

BitPay, 134, 211, 219, 272

Bitstamp (Slovenian exchange)

about founding, 203

attendance at 2014 Bitcoin Pacifica,

252–253, 337

regulation of virtual currencies, 271

response to Mt. Gox collapse, 309–

310, 315

surpassing Mt. Gox volume, 236

trading volume, 262–263, 267

working with banks, 327

blind digital signatures, 12

blockchain

banking interest in the technology,

324–328

Bitcoin transfers, 97–98, 133, 148,

182, 203–204, 235–237

creation and function, 21–26, 43, 55,

61, 340

dealing with hard fork, 193–194

generating new coins, 361–362

increasing file size, 100–101

sidechains, 348

use by mining pools, 191–194

use by money transfer projects, 188–

189, 336

winning acceptance and approval,

269–274, 289–290, 345

winning blocks, 361

Blockchain.info, 237–241, 252, 270,

315, 330–331

Blodget, Henry, 182–184

Bloomberg, Michael, 144, 325

b-money, 339

Branson, Richard, 297

Briger, Pete, 163–165, 201, 236, 252–

253, 281–283, 287–288, 302, 342–

343. See also Fortress Investment Group

Brito, Jerry, 79–80

Bruno, Joe Bel, 322

BTC China, 255–264, 267–269, 275,

284–285, 300, 315, 343–345. See

also China

BTC Guild, 195

BTC King (screen name). See Faiella, Robert

Buffett, Warren, 353

Burges, Kolin, 310–312

Business Insider, 184

BusinessWeek, 197

Byrne, Patrick, 289

Canada, launch of Mint Chip, 133

Carper, Thomas (senator), 235, 267–

268

Cary, Nic, 239, 252, 296–298, 333

Casares, Belle, 154, 162, 243, 352

Casares, Wences. See also Lemon

Digital Wallet and Xapo

background and arrival at Bitcoin,

153–165

Bitcoin as commodity, 274

Bitcoin holdings, 287–288

Bitcoin promotion, 179–180, 185–

187, 197, 209–210

Bitcoin promotion in Argentina, 240–

242

conference attendance, 181–185, 214–

216, 349, 351–355

development of Lemon Digital Wallet,

201–205

sale of Lemon Digital Wallet, 252,

280–283

seeking business investors, 291–296

startup business financing, 305–306

2013 Argentina, Bitcoin meeting, 277

Xapo founding and operations, 349–

351

Casascius coins, 126–127

chronicpain (screen name). See Green, Curtis

cimon (screen name). See Variety Jones

[vj]

cirrus (screen name), 246–248

Chaum, David, 10, 12, 23, 71. See also DigiCash

China, xiii, 128, 183, 190–191, 273–

275, 280, 329. See also BTC China CIA. See U.S. Central Intelligence Agency

Coinapult, 174, 338

Coinbase (Bitcoin service). See also Ehrsam, Fred

about the founding and operation,

203–204, 211–213

investment by Andreessen Horowitz,

293–295

maintaining private keys, 281

regulation of virtual currencies, 271