Bitcoin Book Club Wednesday - Simon Dixon's Book Part I w/ Laura

in bitcoin •  7 years ago  (edited)

Hi guys. My name is Laura! Welcome to Sobuka. Every Wednesday on this blog, myself or Sarah will provide you guys with a book review pertaining to the crypto market. We have titled this series, “Bitcoin and Cryptocurrency Book Review Here on Sobuka.” Here on this channel, we cover international cryptocurrency markets, so what best way to help educate people on what is going on is by looking at authors and experts in the cryptocurrency space who have a broad understanding of international markets, not only in the US but places like Latin America, Africa, Middle East, and the South Asian Pacific to include Australia. This type of subject makes it a great fit for this blog.

...ok, so let’s begin..

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The book I will be going over for the next two weeks, as this is the first half of my presentation, is by Simon Dixon. Bank to the Future: Protect Your Future Before Governments Go Bust by Simon Dixon is a critical book which comments on the expected economic troubles that even the most strongest nations will face in the coming years. The author puts forward the fears of a future where no one’s jobs or businesses will prove to be profitable as debt would take over completely and there would be no way of escape.

Simon Dixon tends to make the readers understand that they have to stop trusting the banks and start planning to become self-sufficient in raising money. They should know how, when and where to spend their money and be knowledgeable about its flow. In this regard, “The former investment banker” also launched his business “Bank to the Future (BTTF)” as “the world’s first “peer-to-peer” market to allow businesses to raise debt, equity or donations from consumers and investors in one place”. The idea is to allow business owners to become able to raise money from one platform in many ways. The book is a great resource for people who want to invest in the future while living in the present.

The book has been written in the year 2012 and a warning regarding the coming technologies and their influence on the world of business is commerce has been delivered. There are “seven hugely disruptive technologies” which have been discussed specifically. There are people who understand how deadly the effect of these technologies can be and are preparing beforehand to avoid financial disaster. Looking critically at the seven disruptive technologies is like looking into the future. They are expected to take place of the human workers and also affect businesses. Thus, employees and business owners have to plan how they want to see themselves in the future not free from the influence of the seven technologies but intelligently using them for their benefit.
Simon Dixon has named the “seven hugely disruptive technologies” to be “the World Wide Web, digital money, the social networks, crowdfunding, person-to-person lending, microfinance and the mobile smart phone”. All of these technologies have become a household name in the present times and are also controlling the mechanism of the financial systems of the world. The author has encouraged the readers to become used to these technologies and make the most from them. He has explained each technology, uses and disadvantages in detail in separate chapters in Part 2 of the book.

The seven deadly technologies are interlinked and interdependent to a great extent. Simon Dixon has explained the technologies and also defined their relation to each other. This would have been important for any reader of the year 2012 as at that not many people were using the IT tools as independently as they are today.

The author has declared that one of the most profitable ways of investing in the future is to become free from the thought of being an employee at a firm and becoming a freelancer. The use of the internet and crowdfunding can enable a person to do so. They allow the users also to become debt free. Other debt free investment or economic choices come when people choose to work “as a contractor, as part of an outsourced team or as an entrepreneur”.

Related to these financial positions is the “digital money”. It is the ultimate source that will take the place of paper money and it somewhat has in the present times. According to the author, it is the most useful medium through which a person can earn. Investing or working online can take people to the doors of online money transactions which can be unlocked by the key of a simple email address. In the present times, though more information is required of an internet user so he or she can get access to their hard earned money. In all cases, the use of mobile banking is inevitable. The world of internet has become more handy and people can use a mobile to make important financial moves. Mobile banking is an important tool which was not present at the time the book Bank to the Future: Protect Your Future Before Governments Go Bust was written but is related to the information given.

Alright ladies and gentlemen…That is all I have for today. I will be finishing up the rest of my review of this book by next Wednesday. So come back and check us out. And do not forget the following: If you like this video, please give it a thumbs up. If you want to find more information like this, then please click the subscribe button. And lastly, if you want to see or hear from Simon Dixon, I have a link with him being interviewed by the the Bitcoin Meister. It’s a great interview following the end of my video. So feel free to check it out. Okay that’s all. Have a great day guys!


Nick is a content creator for Sobuka with a background in programming, information technology, finance and digital forensics. He shares interest in cryptocurrencies by reporting on International Affairs. You can find Nick, Brilliant B, and Awesome Sarah here from time to time.


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Relevant Sources

[1]. "Bank to the Future: Protect Your Future Before Governments Go Busta." By “Simon Dixon” 2012. https://bnktothefuture.com/


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