Easy Money by Ben McKenzie | Book Summary

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"Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud" by Ben McKenzie is an instant New York Times bestseller available in Audible audiobook format. The audiobook is narrated by the author himself and two others. With a rating of 4.3 out of 5 stars based on 502 ratings, the book provides a wildly entertaining debunking of cryptocurrency, labeling it as one of the greatest frauds in history and forecasting a spectacular crash.

Written by Ben McKenzie, a famous actor known for his roles in "The O.C." and "Gotham," the book offers a unique perspective as he shares his personal experience and journey into the world of cryptocurrency. The narrative unfolds during the height of the pandemic, where McKenzie, a father stuck at home with some cash in hand, becomes intrigued by the allure of cryptocurrency. Despite having a degree in economics, he admits to not fully understanding the complexities of the digital currency landscape.

In "Easy Money," McKenzie collaborates with journalist Jacob Silverman to uncover the truth behind cryptocurrency. The book explores various aspects, including blockchain technology, Bitcoin, different altcoins, and the trading platforms where these digital assets are exchanged. As McKenzie delves deeper into the subject matter, he becomes increasingly skeptical and begins to question whether the entire cryptocurrency phenomenon is a massive scam.

The audiobook weaves together stories of average traders, victims, crypto enthusiasts, Hollywood's true believers, anti-crypto whistleblowers, and government agents searching for solutions as the cryptocurrency market approaches a potential crash. "Easy Money" is described as an on-the-ground look at a perfect storm of irresponsibility and criminal fraud, drawing parallels to the 2008 Housing Bubble.

Overall, the audiobook aims to provide listeners with insights into the risks and pitfalls of the cryptocurrency world, emphasizing the need for caution and critical thinking in navigating this complex financial landscape.

 

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