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 normal media narrative on cryptocurrencies. The marketing campaign managed to draw $23,151 in funding, almost 5 occasions the objective of $5,000.
The e book was conceptualized quickly after the US Home of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which mandates stringent reporting necessities for the crypto group. According to the authors:
“We got down to write a e book to assist policymakers perceive the place Bitcoin customers are from and what they care about. We wish to dispel the notion that it is a nerd cash and present the way it’s impacting so many individuals in America.”
The Kickstarter was launched by Jimmy Track, a Texas-based crypto entrepreneur and a seasoned creator. Different authors embody 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 will probably be finalized by the tip of 2021. By January, the authors intend to have the audiobook and paperback out there on the market, which will probably be supported by a “e book launch occasion in Washington DC to advertise this e book.”
Whereas the Bitcoin e book authors have already accounted for the preliminary funding of $5,000 for the e book’s manufacturing, the extra funding will probably be invested within the e book’s launch celebration:
“As authors of this e book, we acknowledged that the impressions in Washington had been removed from the truth and sought to appropriate this notion.”
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 mentioned that stablecoins have the potential to scale, “notably in the event that they had been to be related to one of many very giant tech networks that exist.”