Also by Yuri Molchan: In Bitcoin We Trust — Angels and Demons of the New Crypto Faith

A book by Yuri Molchan

The Bitcoin Skeptic's Guide

21 Honest Answers Before You Buy Your First BTC

You don't need to believe in Bitcoin. You just need to understand the arguments.

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The Bitcoin Skeptic's Guide

Not another Bitcoin sales pitch

I'm not writing this book to convince you to buy Bitcoin. Being skeptical about it is a pretty healthy attitude.

There's a lot of noise out there. Some people talk about Bitcoin like it's going to save the world. Others are convinced it's a scam, a bubble, or digital nonsense with a huge price tag. Most people are just tired of hearing strong opinions from both sides without getting straight answers.

So this book asks the obvious questions without making you feel stupid for asking them — and lets you draw your own conclusion by the end.

21 questions, no evangelism

Every chapter starts with a real question newcomers actually ask.

  1. 01Why Inflation Matters
  2. 02Why International Payments Are Still Complicated
  3. 03Why Some People Don't Trust Banks
  4. 04Is Bitcoin Real Money?
  5. 05Who Controls Bitcoin?
  6. 06Can Someone Print More Bitcoin?
  7. 07Why Isn't It Just Another PayPal?
  8. 08Why Can't Bitcoin Be Copied?
  9. 09Why Is One Bitcoin Worth Anything?
  10. 10Why Do People Compare Bitcoin to Gold?
  11. 11Why Does Bitcoin Use So Much Energy?
  12. 12Is Bitcoin Only Used by Criminals?
  13. 13Why Does Bitcoin's Price Crash So Often?
  14. 14Is Bitcoin a Scam?
  15. 15Isn't Most Bitcoin Owned by a Few People?
  16. 16What About the Environment?
  17. 17Could It Work as Digital Gold?
  18. 18Could It Work as a Savings Asset?
  19. 19Could It Help Countries With Unstable Currencies?
  20. 20Could It Fix Cross-Border Payments?
  21. 21Could It Work for Long-Term Investing?

About the author

This book is the result of more than eight years spent writing about cryptocurrency. Since 2018, Yuri Molchan has worked as a crypto journalist, covering everything from Bitcoin price crashes and exchange failures to ETF approvals, regulation, and the endless debates surrounding digital assets.

Most books about Bitcoin fall into one of two extremes: written by believers who present it as the inevitable future of money, or by critics who dismiss it as speculation or a giant scam. This one tries something different — explaining why reasonable people disagree, instead of telling you what to think.

Ready to ask the uncomfortable questions?

Get the book on Amazon