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regulatory compliance, 236–237

response to Mt. Gox collapse, 315

transaction fees, 290

working with banks, 305–306

CoinLab, 138, 144, 200, 213

COIN (Nasdaq ticker symbol), 353

Collins, John, 265–266

conferences (Bitcoin and others)

2011 CIA interest in Bitcoin, 81

2011 NYC Bitcoin World Expo, 102–

106, 135

2011 Thailand, Bitcoin, 104

2012 Amsterdam, Bitcoin, 104, 297–

298

2012 Federal Reserve on money

transfer, 132–133

2012 NYC, Bitcoin, 104

2013 Allen & Co., 181, 349

2013 Argentina, Bitcoin, 277–283

2013 San Jose, Bitcoin, 214–216

2014 Allen & Co., 262, 349, 353–355

2014 Austin, Bitcoin, 331–336

2014 Bitcoin Pacifica (Lake Tahoe),

337–345

2014 SXSW, 334–336

2014 Utrecht technology, 298

The Construction and Operation of

Clandestine Drug Laboratories

(Jack B. Nimble), 69

Costollo, Dick, 181

Cowen, Tyler, 286

CRASH (CRypto caSH), 12

credit cards

Bitcoin as replacement, 23, 158–160,

235, 292

digital wallets and, 101, 154, 209

disputes and chargebacks, 64, 134,

343

lack of privacy, 11

Target Corporation, data breach, 288–

289

transaction fees, xii, 102, 240–241,

272, 277–278, 290, 343

WikiLeaks blockade, 57

Crisis Strategy Draft, 313–315

cryogenics, 7

cryptocurrency, 36

Cryptonomicon (Stephenson), 19, 252

currency debasement, 30–31

Cypherpunk Manifesto, 8–12

Cypherpunks

awareness of privacy and data

vulnerability, 8–9

conceptualizing future of money, 11–

13, 16

facing digital money obstacles, 19–20

philosophical influences, 70

termination of mailing list, 20

Dai, Wei, 19–20

Darkcoin (digital currency), 270–271

Debt: The First 5,000 Years (Graeber), 157, 179

decentralized systems/technology. See also Blockchain

about Bitcoin ideology, 236

Bitcoin comparison to gold, x

building Bitcoin system, 55–56, 141,

292–294

development of payment systems,

129, 133

disadvantages of centralization, 113–

114

Internet as, 182

Occupy Wall Street movement and,

111

open source software and, 45–47

P2P Foundation and, 30

regulatory compliance, 269–270

resolving problems, 195

Silk Road and, 118

trend toward centralization, 99–100,

347

Der-Yeghiayan, Jered, 246–248

DigiCash, 12, 19, 21, 23, 26, 158. See also Chaum, David

digital currency

Anoncoin, 270–271

Chinese potential, 260–261

creation of early systems, 12–13

Darkcoin, 271

Finney experimentation, 5

Greenspan prediction, 17

Liberty Reserve, 218

Mint Chip, 133

Q coin, 257, 260–261, 268

DigitalInk (screen name). See George, Jacob

Dimon, Jamie, 303–306

Dixon, Chris, 181–182, 186, 294

Dodd, Nigel, 16

Donahoe, John, 262

Donald, James, 24

Draper, Tim, 353

Dread Pirate Roberts [DPR] (screen

name), 118, 121, 168–169, 171, 213,

225, 227, 248. See also Ulbricht, Ross

drugs/drug trafficking. See Silk Road eDonkey (file sharing website), 50–51

Ehrsam, Fred, 334–336. See also

Coinbase (Bitcoin service)

Electronic Frontier Foundation, 80, 270

Eleuthria (screen name), 195

encryption technology, 8–12. See also Public-key cryptography

exchange-traded funds (ETF), 222, 250

Extropians, 11

Facebook, 145

Faiella, Robert (aka BTC King), 130,

138, 299

The Far Wilds (online game), 50–51

FBI. See U.S. Federal Bureau of

Investigation

Federal Reserve. See U.S. Federal Reserve

Financial Crimes Enforcement Unit

[FinCen] (Treasury Department),

138, 196–197, 201, 234–235, 266,

325

Financial Times, 262, 317

Finney, Fran, 3

Finney, Hal

defense of Bitcoin system, 24–27

introduction to Bitcoin, 3–8

Lou Gehrig’s disease diagnosis, 27

return to Bitcoin community, 59–60

role in PGP, 10, 13

Finney, Jason, 27

FirstMark Capital, 144, 147–149, 176

Forbes, 80, 96

Fortress Investment Group, 180, 217–

219, 252, 272–273. See also Briger, Pete

Founders Fund, 187, 211

4chan (hacker message board), 75

Freeman, Ian, 75–76

Free State Project, 107–110

Free Talk Live (radio program), 75–78, 108

Freis, James, 325

FriendlyChemist (screen name), 225–

226

Gandalf (computer chip), 329

Garzik, Jeff, 83–84, 92, 99, 190, 196,

348

Gates, Bill, 353–355, 385n

Gawker (website), 83–84

George, Jacob (aka DigitalInk), 121

George Mason University, 80

Georgia, Republic of, 330

GitHub, 141

Goldman Sachs, 324–326

gold standard, x, 15–16, 31–32, 45,

109, 157–158

Gonzague, 312–315

Goodman, Leah McGrath, 319–324

Google, 101–103, 187, 248–249, 283,

304–305, 314–315, 334

Google Wallet, 101

government regulation/investigation

arrest of Roger Ver, 77–78

arrest of Ross Ulbricht, 170–171

BitInstant, 222–224

BTC China, 273–275

Erik Voorhees, 224–225

PGP and Zimmerman, 10

virtual currencies, 66–67, 196–198,

235

Graeber, David, 157

Great Depression, 31

Great Recession, banking crisis of

2008, 32, 111

Green, Curtis (aka chronicpain), 116,

170–171, 225, 249, 332

Greenspan, Alan, 17

hackers/hacking

Bitcoin vulnerability, xiv, 24, 154,

201, 215

BitInstant penetration, 150

message boards, 75

Mt. Gox penetration, 67–69, 82–83,

90–96, 99, 114, 205–207

ransom demands/payments, 82, 150,

169, 347–348

Silk Road penetration, 168–169, 225,

248–251

Target data breach, 288–289

vulnerability of private information,

xii, 19

Hanecz, Laszlo, 41–44, 48, 58, 189,

215

Hashcash, 17–22, 339, 348

hash functions, 22, 25–26, 41–42, 136,

359–362

Hearn, Mike, 80–81, 99–100, 101–103,

320

Hoffman, Reid, 181, 183, 291–293, 353

Horowitz, Ben, 192, 335. See also

Andreessen Horowitz

Huang Xiaoyu, 255–256, 258

Hughes, Eric, 8, 11–12

Huobi (Chinese exchange), 285

Iceland, 330

India, 350

WikiLeaks blockade, 57

Internet relay chat (IRC), 41, 54, 67,

196

Internet terrorism. See hackers/hacking Jack B. Nimble, 69

Jiasule (Chinese security service), 261

Johnston, David, 204

JP Morgan Chase & Co., 202, 218,

303–306, 327

Juno Moneta (Roman god), 17

Kaminska, Izabella, 317

Karpeles, Mark. See also Mt. Gox (Bitcoin exchange)

arrival at Mt. Gox, 65–68

becoming Mt. Gox owner, 68–69

control over Mt. Gox code, 99

lack of management skill, 127–128,

233, 307–309

marginalization in Bitcoin future, 331

NYC Bitcoin Expo 2011, 103–105

struggling with Mt. Gox growth and

problems, 140–141, 200–201