Bitcoin Book for US Policymakers Gets 5x Funding on Kickstarter

A group of eight Bitcoin ( BTC enthusiasts launched a Kickstarter campaign to publish an educational book for U.S. federal policymakers t...

A group of eight Bitcoin (BTCenthusiasts launched a Kickstarter campaign to publish an educational book for U.S. federal policymakers to reduce their reliance on the traditional cryptocurrency media narrative. The campaign was successful in attracting $ 23,151 in funding, nearly five times the target of $ 5,000.

The book was conceptualized shortly after the United States House of Representatives passed the bipartisan $ 1.2 trillion infrastructure bill, which imposes strict reporting requirements on the crypto community. According to to the authors:

“We decided to write a book to help policymakers understand where Bitcoin users are coming from and what interests them. We want to dispel the idea that this is nerd money and show how it impacts so many people in America.

Book cover possible. Source: Kickstarter

The Kickstarter was started by Jimmy Song, a Texas-based crypto entrepreneur and seasoned author. Other authors include Annaliese Wiederspahn, Gary Leland, Pete Rizzo, Amanda Cavaleri, CJ Wilson, Charlene Fadirepo, and Lamar Wilson.

As per the schedule, the Bitcoin book manuscript has been drafted and will be finalized by the end of 2021. By January, the authors intend to make the audiobook and paperback available for sale, which will be supported by a “book launch event in Washington DC to promote this book.

While the authors of the Bitcoin book have already accounted for the initial funding of $ 5,000 for the production of the book, the additional funding will be invested in the book launch party:

“As the authors of this book, we recognized that the impressions in Washington were far from reality and sought to correct that perception.”

Related: Fed Chairman Jerome Powell says he’s not worried about crypto disrupting financial stability in the United States

Supporting the Bitcoin Book’s efforts to demystify the ecosystem for regulators, Federal Reserve Chairman Jerome Powell hinted at a lack of concern about crypto disrupting the country’s financial stability.

As Cointelegraph reported, Powell also said that stablecoins have the potential to evolve, “particularly if they were to be associated with one of the very large existing technology networks.”