Summary: Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud by Ben Mckenzie: Key Takeaways, Summary & Analysis

Summary

Disclaimer: This is NOT the Official Book; This is a Summary & it DOES NOT Accompany the Official Book!

In our summary book "Easy Money" by Ben McKenzie, known for his roles in The O.C. and Gotham, describes his entry into the world of cryptocurrency. Despite his economics degree, McKenzie initially found himself attracted to the allure of decentralization, potential societal improvement, and the fear of missing out on a lucrative opportunity.

However, as he scratched beneath the surface, he began to question the validity and sustainability of cryptocurrency, prompting the question, "Is this all a total scam?" In a bid to answer this question, McKenzie and Silverman embark on an enlightening investigation into the world of cryptocurrency.

"Easy Money" weaves together various narratives including stories of regular traders and victims, vibrant crypto evangelists, Hollywood’s most steadfast believers, whistleblowers against crypto, and government agents striving to find solutions at the brink of a major crash.

This summary book provides an up-close view of what the authors argue is a reckless convergence of irresponsibility and criminal fraud, potentially far more devastating than Bernie Madoff's Ponzi scheme or the 2008 housing bubble. This riveting narrative serves as a stark warning and an eye-opening account for anyone enticed by the promises of cryptocurrency.