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Zeke Faux
Number Go Up
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1394442Number Go Uphttps://www.gandhi.com.mx/number-go-up/phttps://gandhi.vtexassets.com/arquivos/ids/437237/414acf67-93cb-4086-80bc-ca13048cb080.jpg?v=638633606455530000269374MXNCrownInStock/Ebooks/1382555Number Go Up269374https://www.gandhi.com.mx/number-go-up/phttps://gandhi.vtexassets.com/arquivos/ids/437237/414acf67-93cb-4086-80bc-ca13048cb080.jpg?v=638633606455530000InStockMXN99999DIEbook20239780593443828_W3siaWQiOiIyY2FkMTI1OC0zMzg4LTQ3MTktYTAzNS00MmQwNTBiYTc2ZGIiLCJsaXN0UHJpY2UiOjMyNywiZGlzY291bnQiOjc1LCJzZWxsaW5nUHJpY2UiOjI1MiwiaW5jbHVkZXNUYXgiOnRydWUsInByaWNlVHlwZSI6Ildob2xlc2FsZSIsImN1cnJlbmN5IjoiTVhOIiwiZnJvbSI6IjIwMjUtMDItMDVUMDY6MDA6MDBaIiwicmVnaW9uIjoiTVgiLCJpc1ByZW9yZGVyIjpmYWxzZX1d9780593443828_<p><strong>The harrowing, highly entertaining inside chronicle of how FTX founder Sam Bankman-Fried and a cast of fellow nerds and hustlers convinced the world to send trillions of dollars of real money to buy useless virtual coinsfrom a <em>Bloomberg Businessweek</em> writer</strong></p><p>After years on the financial worlds margins, crypto went mainstream in 2021. Giant investment funds were buying it, celebrities like Tom Brady and Justin Bieber endorsed it, and Washington bigwigs debated new regulations. It seemed like everyone knew someone who was bragging about their returns from Bitcoin, Ethereum, Dogecoin and other bizarrely named digital assets. FOMO spread: Was crypto the new path to financial freedom? Unspoken was that hardly anyone knew how it worked. To borrow a phrase from crypto parlance, the only thing that mattered was number go up.</p><p>Observing this mania, Zeke Faux decided to embark on a quest to pull back the curtain on the wizards behind this new financial machinery. He first sets his sights on Tether, a digital currency dreamed up by a former child actor from the 1992 Disney film <em>The Mighty Ducks</em>. Tether had become cryptos de facto bank, with 69 billion pouring into it. Each Tether was supposedly backed by one dollar. But where was the money?</p><p>As he chases this mystery around the globe, Faux is driven by a nagging question: Is it all just a global confidence game of epic proportions? In the Bahamas, he meets Tethers biggest customer: Sam Bankman-Fried, a schlubby 29-year-old who <em>Fortune</em> once suggested was the next Warren Buffett. In El Salvador, he discovers what happens when a country decides to gamble its treasury on Bitcoin. A spam text message leads him to a crypto-fueled human-trafficking ring in Cambodia. And in Lugano, Switzerland, he finally tracks down the mysterious former plastic surgeon who runs Tether.</p><p>Then, in 2022, the crypto bubble burst, and Tethers biggest customers started collapsing one by one. It culminated in November, when Bankman-Frieds FTX failed in spectacular fashion. Faux returns to the Bahamas and takes readers inside the glittering sadness, lies and delusion of SBFs luxury loft in the days after FTXs implosion, revealing the emptiness at the center of the crypto industry. Fueled by the absurd details and authoritative reporting that earned Faux the title our great poet of crime (Matt Levine), <em>Number Go Up</em> is a riveting account of the biggest financial mania the world has ever seen.</p>...(*_*)9780593443828_<p><strong>The rollicking (<em>The Economist</em>), masterfully written (<em>The Washington Post</em>) account of the crypto delusion, and how Sam Bankman-Fried and a cast of fellow nerds and hustlers turned useless virtual coins into trillions of dollarshailed by Ezra Klein in <em>The New York Times</em> as one of the Books That Explain Where We Are</strong></p><p>FINALIST: the Edgar Award (Fact Crime), the Macavity Award (Nonfiction), the Porchlight Business Book Award, the SABEW Best in Business Book Award</p><p>A BEST BOOK OF THE YEAR: <em>The New York Times DealBook, The Washington Post, Los Angeles Times, Financial Times, The Globe and Mail, Irish Examiner, Morningstar, The Verge, Wired</em></p><p>In 2021 cryptocurrency went mainstream. Giant investment funds were buying it, celebrities like Tom Brady endorsed it, and TV ads hailed it as the future of money. Hardly anyone knew how it workedbut why bother with the particulars when everyone was making a fortune from Dogecoin, Shiba Inu, or some other bizarrely named digital asset?</p><p>As he observed this frenzy, investigative reporter Zeke Faux had a nagging question: Was it all just a confidence game of epic proportions? What started as curiositywith a dash of FOMOwould morph into a two-year, globe-spanning quest to understand the wizards behind the worlds new financial machinery. Fauxs investigation would lead him to a schlubby, frizzy-haired twenty-nine-year-old named Sam Bankman-Fried (SBF for short) and a host of other crypto scammers, utopians, and overnight billionaires.</p><p>Faux follows the trail to a luxury resort in the Bahamas, where SBF boldly declares that he will use his crypto fortune to save the world. Faux talks his way onto the yacht of a former child actor turned crypto impresario and gains access to ApeFest, an elite party headlined by Snoop Dogg, by purchasing a 20,000 image of a cartoon monkey. In El Salvador, Faux learns what happens when a country wagers its treasury on Bitcoin, and in the Philippines, he stumbles upon a Pokémon knockoff mobile game touted by boosters as a cure for poverty. And in an astonishing development, a spam text leads Faux to Cambodia, where he uncovers a crypto-powered human-trafficking ring.</p><p>When the bubble suddenly bursts in 2022, Faux brings readers inside SBFs penthouse as the fallen crypto king faces his imminent arrest. Fueled by the absurd details and authoritative reporting that earned Zeke Faux the accolade our great poet of crime (<em>Money Stuff</em> columnist Matt Levine), <em>Number Go Up</em> is the essential chronicle, by turns harrowing and uproarious, of a 3 trillion financial delusion.</p>...9780593443828_Crownlibro_electonico_cac36ef8-0d92-32e3-953b-9f55b3d6edba_9780593443828;9780593443828_9780593443828Zeke FauxInglésMéxicohttps://getbook.kobo.com/koboid-prod-public/RandomHouse-epub-be38452b-21e6-4ef3-8d2b-47852688caf7.epub2023-09-12T00:00:00+00:00Crown