
The Truth Machine
The Blockchain and the Future of Everything
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Narrated by:
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Sean Runnette
About this listen
"Views differ on bitcoin, but few doubt the transformative potential of Blockchain technology. The Truth Machine is the best book so far on what has happened and what may come along. It demands the attention of anyone concerned with our economic future." (Lawrence H. Summers, Charles W. Eliot University Professor and President Emeritus at Harvard, former Treasury Secretary)
From Michael J. Casey and Paul Vigna, the authors of The Age of Cryptocurrency, comes the definitive audiobook on the Internet’s Next Big Thing: The Blockchain.
Big banks have grown bigger and more entrenched. Privacy exists only until the next hack. Credit card fraud is a fact of life. Many of the “legacy systems” once designed to make our lives easier and our economy more efficient are no longer up to the task. Yet there is a way past all this - a new kind of operating system with the potential to revolutionize vast swaths of our economy: the blockchain.
In The Truth Machine, Michael J. Casey and Paul Vigna demystify the blockchain and explain why it can restore personal control over our data, assets, and identities; grant billions of excluded people access to the global economy; and shift the balance of power to revive society’s faith in itself. They reveal the disruption it promises for industries including finance, tech, legal, and shipping. Casey and Vigna expose the challenge of replacing trusted (and not-so-trusted) institutions on which we’ve relied for centuries with a radical model that bypasses them.
The Truth Machine reveals the empowerment possible when self-interested middlemen give way to the transparency of the blockchain, while highlighting the job losses, assertion of special interests, and threat to social cohesion that will accompany this shift. With the same balanced perspective they brought to The Age of Cryptocurrency, Casey and Vigna show why listeners must care about the path that blockchain technology takes - moving humanity forward, not backward.
©2018 Paul Vigna and Michael J. Casey (P)2018 Macmillan AudioListeners also enjoyed...
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Performance
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Ben Mezrich's 2009 best seller, The Accidental Billionaires, is the definitive account of Facebook's founding and the basis for the Academy Award-winning film The Social Network. Two of the story's iconic characters are Harvard students Tyler and Cameron Winklevoss: identical twins, Olympic rowers, and foils to Mark Zuckerberg. Bitcoin Billionaires is the story of the brothers’ redemption and revenge in the wake of their epic legal battle with Facebook.
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Misleading Title - Mostly "Winkelvi Memoirs"
- By kameir on 06-07-19
By: Ben Mezrich
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Blockchain Technology Explained: The Ultimate Beginner’s Guide About Blockchain Wallet, Mining, Bitcoin, Ethereum, Litecoin, Zcash, Monero, Ripple, Dash, IOTA And Smart Contracts
- By: Alan T. Norman
- Narrated by: Reuben Corbett
- Length: 2 hrs and 31 mins
- Unabridged
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Instead of talking about investing, this audiobook will focus on how blockchain technology works and how it might be used in the future.
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Comprehensive and Enjoyable!
- By Eric Shun on 10-10-19
By: Alan T. Norman
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Life After Google
- The Fall of Big Data and the Rise of the Blockchain Economy
- By: George Gilder
- Narrated by: Eric Michael Summerer
- Length: 9 hrs and 38 mins
- Unabridged
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You can say goodbye to today's Internet, New York Times best-selling author George Gilder says. Soon the current model of aggregated free content populated with "value-subtracted" advertising will die a natural deat. In Life After Google, Gilder takes listeners on a brilliant, rocketing journey into the very near-future, into an Internet with a new "bitcoin-bitgold" transaction layer that will replace spam with seamless micro-payments and provide an all-new standard for global money.
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Good, but a lot of inside baseball
- By R.J. on 09-29-18
By: George Gilder
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The Cold Start Problem
- How to Start and Scale Network Effects
- By: Andrew Chen
- Narrated by: Andrew Chen
- Length: 10 hrs and 28 mins
- Unabridged
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Although software has become easier to build, launching and scaling new products and services remains difficult. Start-ups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of “the network effect”, where a product or service’s value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them.
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Great high level summary. More unique insights wanted.
- By Roman on 12-09-21
By: Andrew Chen
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The Great CEO Within
- The Tactical Guide to Company Building
- By: Matt Mochary, Alex MacCaw, Misha Talavera
- Narrated by: Joe Scalora
- Length: 5 hrs
- Unabridged
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Matt Mochary coaches the CEOs of many of the fastest-scaling technology companies in Silicon Valley. With The Great CEO Within, he shares his highly effective leadership and business-operating tools with any CEO or manager in the world. Learn how to efficiently scale your business from startup to corporation by implementing a system of accountability, effective problem-solving, and transparent feedback.
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Best for "touchy-feely" startups in the US
- By Matt J on 12-14-21
By: Matt Mochary, and others
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The Fiat Standard
- The Debt Slavery Alternative to Human Civilization
- By: Saifedean Ammous
- Narrated by: Saifedean Ammous, Guy Swann
- Length: 12 hrs and 44 mins
- Unabridged
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In The Fiat Standard, world-renowned economist Saifedean Ammous applies his unique analytical lens to the fiat monetary system, explaining it as a feat of engineering and technology just as he did for bitcoin in his global best seller The Bitcoin Standard. This time, Ammous delves into the world's earlier shift from the gold standard to today's system of government-backed fiat money—outlining the fiat standard's purposes and failures; deriving the wider economic, political, and social implications of its use; and examining how bitcoin will affect it over time.
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keep narrative to economics related topics
- By HM on 06-14-22
By: Saifedean Ammous
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Layered Money
- From Gold and Dollars to Bitcoin and Central Bank Digital Currencies
- By: Nik Bhatia
- Narrated by: Guy Swann
- Length: 4 hrs and 16 mins
- Unabridged
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In this fascinating deep dive into the evolution of monetary systems around the globe, Nik Bhatia takes us into the origins of how money has evolved to function in a “layered” manner. Using gold as an example of this term, he traces the layers of this ancient currency from raw mined material, to gold coins, and finally to bank-issued gold certificates. In a groundbreaking manner, Bhatia offers a similar paradigm for the evolution of digital currencies.
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Stunningly biased. Reads like an ad for BTC
- By JD on 08-23-21
By: Nik Bhatia
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How the Internet Happened
- By: Brian McCullough
- Narrated by: Timothy Andrés Pabon
- Length: 13 hrs and 29 mins
- Unabridged
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The Internet was never intended for you, opines Brian McCullough in this lively narrative of an era that utterly transformed everything we thought we knew about technology. In How the Internet Happened, he chronicles the whole fascinating story for the first time, beginning in a dusty Illinois basement in 1993, when a group of college kids set off a once-in-an-epoch revolution with what would become the first "dotcom".
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Critically empty history
- By Keith on 12-19-20
By: Brian McCullough
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The Future Is Faster Than You Think
- How Converging Technologies Are Disrupting Business, Industries, and Our Lives
- By: Peter H. Diamandis, Steven Kotler
- Narrated by: Peter H. Diamandis
- Length: 9 hrs and 53 mins
- Unabridged
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In their book Abundance, best-selling authors and futurists Peter Diamandis and Steven Kotler tackled grand global challenges, such as poverty, hunger, and energy. Then, in Bold, they chronicled the use of exponential technologies that allowed the emergence of powerful new entrepreneurs. Now the best-selling authors are back with The Future Is Faster Than You Think, a blueprint for how our world will change in response to the next 10 years of rapid technological disruption.
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Totally Mixed on This One
- By D. Sooley on 02-03-20
By: Peter H. Diamandis, and others
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The Price of Tomorrow
- Why Deflation Is the Key to an Abundant Future
- By: Jeff Booth
- Narrated by: Brian Troxell
- Length: 5 hrs and 49 mins
- Unabridged
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We live in an extraordinary time. Technological advances are happening at a rate faster than our ability to understand them, and in a world that moves faster than we can imagine, we cannot afford to stand still. These advances bring efficiency and abundance - and they are profoundly deflationary. Our economic systems were built for a pre-technology era when labor and capital were inextricably linked - an era that counted on growth and inflation and an era where we made money from inefficiency.
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I've got this on constant repeat, 3 times already
- By Tim Kennedy on 05-20-20
By: Jeff Booth
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- Unfinished Mind
- 06-07-18
Informative and inspiring.
From start to finish, I am inspired. History through opportunity this book was a perfect launch pad.
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- Graeme Newell
- 07-20-19
Thoroughly researched. Full of information.
I sought out this book hoping to learn more about how blockchain technology works. The author did a good job of expounding on the opportunities this technology offers. I have a much clearer understanding of how blockchain works and some of the drawbacks. The author has a vast knowledge of the history and current state of blockchain and I really appreciated getting an insider’s viewpoint.
This book was exhaustively researched and has a huge amount of information in it. I was mightily impressed with his thoroughness.
I especially enjoyed his discussion of how blockchain could be used to keep any information (not just currency) safe. The potential for uncrackable privacy is exciting. I’m really hopeful that the world may have found a solution that will help reduce theft and disruption through dispersal of information. It’s an ingenious solution: make the data so hard to find and collect that it becomes cost prohibitive to steal.
There are so many uses for this technology and I was mightily impressed with the author’s thorough research of all the players and all the different incubator projects and companies working in the blockchain world. He really plumbed the depths of all the work going on right now.
Casey did a fine job of showing all the many different ways blockchain could be implemented. I never knew there were so many uses for this technology or that it is being utilized for non-financial purposes in industries such as shipping, manufacturing, construction, retail, government and dozens of other sectors. He waxes on endlessly about how blockchain technology is the cure for all that ails the world. It gets a bit tiring at times, but I do find his pie-eyed enthusiasm somewhat endearing.
I particularly enjoyed his discussion on how blockchain could be used to improve the problem of personal identification. This is a huge problem in the developing world and there are some fascinating new ideas for detaching the system of identification from governments and big business.
There was so much good about this book, but unfortunately, the author is such a fanboy that he tends to gloss over criticisms of the technology. He continually makes summary judgments on the nefariousness of the major institutions of the world: all governments are out to control us, all corporations are evil, all those with power are greedy, etc. There are good and bad things about these entities and his heavy-handed dismissal of these institutions got a bit tiring.
I can appreciate his libertarian mindset but it tends to blind him to the finer points of the opportunities and drawbacks of blockchain. The characters and institutions in the book tend to be portrayed as either heroes or villains. Casey pays less attention to the gray areas that are the most interesting components of this debate.
Case in point: he dismisses the entire advertising industry as a greedy manipulator hellbent on mind control. Sure, there’s a lot of annoying advertising, but that advertising bankrolls free access to content. He’s so busy blasting authority that he neglects to explain how average people will pay for content if advertising goes away.
He touched on this briefly, but I wish he had spent more time explaining the downside of blockchain, for example: crime. It seems as though cryptocurrency has been a catalyst for scammers, drug dealers, oligarchs and all the evildoers in the world.
Blockchain cuts out middlemen, distributes power and increases efficiency. This is fantastic as long as the people using the system have upright intentions. But what happens when those with nefarious purposes are given an uncrackable, highly flexible tool that can effortlessly move funds and resources across borders without a trace? It’s going to bring a whole new level of creativity and efficiency to activities such as extortion, bribery, corruption, drugs and a spate of other crimes.
Our current financial system has a lot of downside, but it does attempt to curtail the villains of the world. I was hoping for a more balanced discussion of this issue. His rose-colored glasses kept him from a frank analysis of some very thorny problems we’ll need to work out. I get it, free markets are great, but there’s a real downside to them too. I felt as though a deeper understanding of this issue conflicted with his worldview.
Unfortunately, the reader's performance was quite wooden. I think this book would have been better had a different reader been used.
I’m really glad I read this book. It was a bit tedious to get through, but I learned so much.
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4 people found this helpful
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- James Brezil
- 06-14-18
This book is a good overview of blockshains.
The author says it is a libertarian view of blockshains and crypto currencies but it is actually a very liberal political view and that was unnecessary. The performer sounds like he is pissed off all through the book.
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- JP
- 05-10-18
Very interesting but sprinkled with politics
An extremely interesting book about this new technology but unfortunately it's sprinkled with left wing politics, and I don't appreciate it. 3 minutes into the 10th chapter I had to turn it off. I would recommend it if you can get passed the point of view of the authors.
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1 person found this helpful
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- Philip M
- 07-05-18
Wouldn't shut up about Trump = "Fake News"
I'm sick of listening to the authors bellyaching over Trump (who I didn't vote for).
Voting
Hashgraph/blockchain could impact this which is why Hashgraph is funding a free and fair voting initiative.
As someone who studied microprocessor (computer) design in college... I don't trust the current electronic voting machines or any machine that there is central access by "officials". I've heard enough evidence to believe that both machines and officials are compromised. Still, there is a limit before it becomes undeniable that fraud is occurring.
My observations (as a neutral observer) was that if anything, there was Democratic voter fraud in large counties like Miami-Dade and states like Michigan - but not enough to overcome Trump's lead.
The proof is the difference in social media videos of Trump and Hillary rallies vs. the mainstream news footage. The media refused to pan the news cameras at Trump rallies with the exception of one time when Trump publically challenged the camera operator to do it.
Legacy Mainstream Media
The author's have a faith in legacy mainstream media that borders on delusion. They don't seem to understand that complexity and diversity of news sources make it MORE likely that Truth well be DISCOVERABLE. Truth will ALWAYS be a minority position. Most people HATE the truth and still actively avoid it. If the author's vision of filtering out the "mess" and only allowing official sources becomes reality, then we might as well go back to the Dark Ages.
Hashgraph
The authors didn't mention Swirlds/Hedera Hashgraph which in my opinion solved all the issues that the other Distributed Ledger/Blockchain efforts are years away from solving (if ever).
Note: Swirlds (for "Shared Worlds") may not have publicly announced Hashgraph at the time of publication so the authors may not have been aware of Hashgraph. Swirlds was focused on working with permissioned customers like the Credit Unions (they beat IBM's HyperLedger).
Swirlds' approach is focused on the Enterprise and reminds me of Microsoft vs. Linux in the 1990s. Swirlds patented their consensus layer algorithm and formed the Hedera governance organization which amongst other duties will legally fight to protect the public open and source-code-reviewable Hashgraph network from forking with copycats. Hedera operates like a Trust Layer to the Internet.
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- Amazon Customer
- 05-15-24
Listen to this book to understand Blockchain & how it may save us all from mistrust, big data, & other self interested parties
The authors do an excellent job of explaining blockchain and an accessible way that anybody can understand.
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- Michael DC
- 05-02-18
Decent blockchain book
This a was a decent follow up book to the authors previous blockchain book. The authors are clearly Bitcoin Maximalists so they repeatedly point to Bitcoin Lightning Network as a solution for all. Unfortunately, the authors couldn’t stop bringing up politics and their anti-Trump leanings.
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35 people found this helpful
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- JudgeLady
- 04-20-18
Political Bias knocking President Trump
The authors’ smug negative evaluation of the President throughout the book was annoying and unnecessary
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12 people found this helpful
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- Wesley
- 04-13-18
No denying the future
Okay so I firmly believe we are headed in a direction at a lot fast pace now than ever in human history and the blockchain is the vessel to guide us there. With or without this book there is no denying this fact after wrapping your mind around it. Some amazing some dark, that comes with every invention. But this can be of great honest use between us and machine.
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2 people found this helpful
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- Laura
- 02-15-21
Great book
loved it. read it twice. I need another one like it. the truth machine. thanks
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