Bitcoin Book Published for Educating U.S. Congressmen, Secures Excess Funding on Kickstarter

An educational book on Bitcoin (BTC) proposed by a group of 8 individuals has gained more funds than solicited from public investors on the Kickstarter platform.

The book dubbed, “Bitcoin and the American Dream” is slated to help congressmen in the Senate and the House reconsider their conception of what Bitcoin represents from the way mainstream media have painted the premier digital currency. The authors said the book was inspired after the bipartisan infrastructure Bill has been passed.

The fundraising prompt reads:

“We are a diverse group of 8 Bitcoin enthusiasts who are publishing a Bitcoin book for policymakers in Washington DC. We come from all walks of life and are of different races, generations, geographical locations, and political parties,”

“What we have in common is that we all believe that Bitcoin is good for America and that’s the case we want to make in this book. This is an educational book for people in government so they can understand much better what’s going on instead of relying on the media narrative,” authors added.

The team led by Jimmy Song has received as many as 166 backers at the time of writing and has raised exactly $23,276 from a minimum pledge of $25. This raised fund has already surpassed expectations as the team set out to raise just $5,000 in total. The excess funds, according to the team, will now be going into the book’s launch campaign.

The team listed the risks of not being able to get published by its preferred publisher amongst others. Cryptocurrency education has been the hallmark of the digital currency ecosystem in recent times. As reported by Blockchain.News, Binance exchange has a dedicated crypto education in China and these did not underscore the fact that the broader industry is in need of more professional educators to help change wrong narratives about the space.

Image source: Shutterstock


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Bitcoin book for American policymakers gets 5x funding on Kickstarter

A group of eight Bitcoin (BTC) enthusiasts launched a Kickstarter campaign to publish an educational book for America’s federal policymakers, to reduce their reliance on the traditional media narrative on cryptocurrencies. The campaign managed to attract $23,151 in funding, nearly five times the goal of $5,000. 

The book was conceptualized soon after the United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which mandates stringent reporting requirements for the crypto community. According to the authors:

“We set out to write a book to help policymakers understand where Bitcoin users are from and what they care about. We want to dispel the notion that it’s a nerd money and show how it’s impacting so many people in America.”

Possible Book Cover. Source: Kickstarter

The Kickstarter was launched by Jimmy Song, a Texas-based crypto entrepreneur and a seasoned author. Other authors include Annaliese Wiederspahn, Gary Leland, Pete Rizzo, Amanda Cavaleri, CJ Wilson, Charlene Fadirepo and Lamar Wilson.

As per the schedule, the manuscript for the Bitcoin book has been drafted and will be finalized by the end of 2021. By January, the authors intend to have the audiobook and paperback available for sale, which will be supported by a “book launch event in Washington DC to promote this book.”

While the Bitcoin book authors have already accounted for the initial funding of $5,000 for the book’s production, the additional funding will be invested in the book’s launch party:

“As authors of this book, we recognized that the impressions in Washington were far from the reality and sought to correct this perception.”

Related: Fed chair Jerome Powell says he isn’t concerned about crypto disrupting financial stability in the US

Supporting the Bitcoin book’s effort to demystify the ecosystem for the regulators, Federal Reserve chair Jerome Powell hinted at a lack of concern about crypto disrupting the nation’s financial stability.

As Cointelegraph reported, Powell also said that stablecoins have the potential to scale, “particularly if they were to be associated with one of the very large tech networks that exist.”