Bitcoin e book for American policymakers will get 5x funding on Kickstarter
A gaggle of eight Bitcoin (BTC) fans launched a Kickstarter marketing campaign to publish an academic e book for America’s federal policymakers, to cut back their reliance on the standard media narrative on cryptocurrencies. The marketing campaign managed to draw $23,151 in funding, practically 5 occasions the aim of $5,000.
The e book was conceptualized quickly after the United States House of Representatives handed the $1.2 trillion bipartisan infrastructure invoice, which mandates stringent reporting necessities for the crypto group. 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.”
The Kickstarter was launched by Jimmy Song, a Texas-based crypto entrepreneur and a seasoned creator. Other authors embrace Annaliese Wiederspahn, Gary Leland, Pete Rizzo, Amanda Cavaleri, CJ Wilson, Charlene Fadirepo and Lamar Wilson.
As per the schedule, the manuscript for the Bitcoin e book has been drafted and shall be finalized by the top of 2021. By January, the authors intend to have the audiobook and paperback obtainable on the market, which shall be supported by a “book launch event in Washington DC to promote this book.”
While the Bitcoin e book authors have already accounted for the preliminary funding of $5,000 for the e book’s manufacturing, the extra funding shall be invested within the e book’s launch occasion:
“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 is not involved about crypto disrupting monetary stability within the US
Supporting the Bitcoin e book’s effort to demystify the ecosystem for the regulators, Federal Reserve chair Jerome Powell hinted at an absence of concern about crypto disrupting the nation’s monetary stability.
As Cointelegraph reported, Powell additionally stated that stablecoins have the potential to scale, “particularly if they were to be associated with one of the very large tech networks that exist.”