Truth about Crypto

Ric Edelman, a personal finance expert and longtime financial adviser, offers a hands-on introduction to cryptocurrency, which he presents as the latest development in investment strategy. He starts from the view that blockchain technology and bitcoin are not a passing trend. The Bank of England has said the technology could reshape the global financial system, and PwC estimates it could add $2 trillion to a world economy of $80 trillion by 2030. Edelman argues that blockchain and the digital assets it makes possible are a commercial innovation on the scale of the internet itself.

Edelman points to a gap: most individual investors, and the advisers who manage two-thirds of all investors' money, are either unaware of this shift or unaware of the opportunities it opens. He explains how investors can take part in this new marketplace and succeed in it. The writing is accessible, and the focus is practical advice for handling this new asset class.

The book also covers the technical basics. Edelman explains how blockchain works and distinguishes digital currency from digital assets, then surveys every major aspect of the field. It is aimed at investors who want to pursue investment success today.