The Fabula Publishing House has launched the sales of the book “Cryptomania: Everything You Wanted to Know But Were Afraid to Ask About Cryptocurrencies,” authored by a Professor of the Department of International Economic Relations at Sumy State University.
There is a widespread belief that the emergence of crypto—and let us agree from the outset that this term will serve as an umbrella for everything from actual cryptocurrencies to related technologies like blockchain, tokens, smart contracts, NFTs, and the like—is a revolution in the world of money that will permanently reshape the financial sector, ensuring it will never be the same again. Proponents argue that cryptocurrencies represent the latest evolutionary leap in the development of money and a unique new investment instrument; that blockchain marks a new era in data transparency; that smart contracts offer a qualitatively different level of contractual relations; that tokens are the ideal way to distribute ownership (and virtually anything else, for that matter); and that NFTs will pioneer the era of digital art.
On the other hand, many contend that crypto is merely a product of hype and informational fraud, reaching an unprecedented scale. They view it as a mass delusion induced by a hyper-powerful “hypnotoad”—a sort of global “Field of Fools” facilitating the migration of capital from the less educated and experienced to the more advanced and less scrupulous.
Where does the truth lie?
In this book, we aim to cross the t’s and dot the i’s. We will examine what crypto actually is, where and why it originated, how it operates, and what exactly makes it revolutionary. We will also address what is wrong with it, the risks it poses to its holders, and what pitfalls to look out for. And if, after reading this, you still feel that investing in crypto is a viable idea, we will explore exactly how you should—and should not—go about it.
The book is intended for the widest possible audience.
You can order the book on the publisher’s website: https://fabulabook.com/info-kriptomaniia-10012012.
