Official Review: The Future of Finance and Money

Please use this sub-forum to discuss any non-fiction books such as autobiographies or political commentary books.
Forum rules
Authors and publishers are not able to post replies in the review topics.
Post Reply
User avatar
Mercy Bolo
Posts: 1347
Joined: 31 May 2017, 03:44
2019 Reading Goal: 144
2019 Reading Goal Completion: 10
2018 Reading Goal: 48
2018 Reading Goal Completion: 118
Favorite Book: <a href=" ... 10262">The Wisdom and Peace of the Teachings of the Tao Te Ching</a>
Currently Reading:
Bookshelf Size: 204
Reviewer Page:
Latest Review: The Future of Finance and Money by K. Braeden Anderson

Official Review: The Future of Finance and Money

Post by Mercy Bolo »

[Following is an official review of "The Future of Finance and Money" by K. Braeden Anderson.]
Book Cover
4 out of 4 stars
Share This Review

In Regulating the Future of Finance and Money, Braeden Anderson addresses the challenges facing cryptocurrency and blockchain technology. He notes that this new asset class has created unique problems that are difficult to solve within the purview of the current US regulatory system. Hence, he provides recommendations that will help regulators to find their footing within the crypto ecosystem.

I like that besides its benefits, the author also analyzed the downside of cryptocurrency. On this, he explores how fraudsters, money launderers, and tax evaders could use the technology to their advantage and stay ahead of law enforcement. That gap, however, can be bridged when enforcers work around the technology because it isn't the problem. The author raises a pertinent issue on the outdated method of investigating financial crimes, which needs to be updated to stay in tune with the evolving cryptocurrency market. He also advises readers to proceed with caution when investing in ICOs, especially those that promise abnormally high returns within a short period.

I was intrigued to learn that several agencies are regulating the cryptocurrency market, each using a different approach. That in itself invites chaos because I doubted that the parties would come to a consensus. The author outlined the debate on whether to classify cryptocurrency as a security or commodity and backed it with arguments from various stakeholders. This bit was enlightening, and every reader who owns or intends to develop cryptocurrency will benefit from this information.

I was pleased with the multiple examples included in the book, as they made the text more relatable. My favorite were those of rogue ICOs charged with securities laws violations, as they made me appreciate the work of the SEC. This section also prompted me to look up these organizations since I hadn't heard of most of them. The author pointed out that these cases represent what ICO developers should refrain from if they want to succeed. Sprinkled throughout the text are quotes from industry players like politicians and bank executives, which were eye-opening and show that some of them have had a shift in mindset over the years.

Overall, this was an absorbing read, although its content is quite substantial. It requires careful reading to stitch the ideas and maintain the flow. I spotted two spelling errors which were easy to overlook, and that points to sound editing. The book itself is short, and the only problem I encountered is that pages of the same section were written in different colors. That, however, wasn't overly distracting, so the book still scoops a rating of 4 out of 4 stars. I would recommend this book to finance professionals, ICO developers, lawyers, and anyone who wants to invest in cryptocurrency.

The Future of Finance and Money
View: on Bookshelves | on Amazon
"The minimum requirement for a dream is a safe place to lay your head."
~OluTimehin Adegbeye

User avatar
Posts: 50
Joined: 25 Jun 2019, 09:36
2019 Reading Goal: 12
2019 Reading Goal Completion: 100
Currently Reading:
Bookshelf Size: 24
Reviewer Page:
Latest Review: Yesterday by Samyann

Post by kadinkins14 »

While this does book not seem like something I would enjoy reading, it may be a great gift for a financial professional in my life. Thank you for the insightful review.
Latest Review: Yesterday by Samyann

User avatar
Michelle Fred
Posts: 988
Joined: 19 Mar 2019, 05:19
2019 Reading Goal: 100
Favorite Book: Sugar & Spice
Currently Reading:
Bookshelf Size: 63
Reviewer Page:
Latest Review: Undaunted Valor, by Matt Jackson

Post by Michelle Fred »

Crypto is a relatively new market, and as such I believe this book will come in handy for those who want to understand what it is about. Your review is very detailed. Thank you.

Posts: 5565
Joined: 10 May 2017, 19:49
2019 Reading Goal: 100
2019 Reading Goal Completion: 125
2018 Reading Goal: 100
2018 Reading Goal Completion: 106
Currently Reading: Call of the Couch
Bookshelf Size: 449
Reviewer Page:
Latest Review: Victoria's War by Catherine A. Hamilton

Post by kdstrack »

Many investors and economies are tending toward crypto. This looks like a well-written, informative book. I appreciated your references to the examples and organizations involved in this new crypto ecosystem.

User avatar
Posts: 1809
Joined: 21 May 2019, 17:00
Favorite Book: Among Others
Currently Reading:
Bookshelf Size: 87
Reviewer Page:
Latest Review: Luke and Luka: Genius Kid Heroes by A.D. Largie

Post by esp1975 »

I have a fascination with personal finance and the cryptocurrency market is one that intrigues me. It sounds like I need to pick up this book. I will say I am likely to be annoyed by sections being written in different colors, but if the content is as good as you say, I will be able to get past that.

User avatar
Posts: 44
Joined: 05 Feb 2018, 10:24
Currently Reading:
Bookshelf Size: 7
Reviewer Page:
Latest Review: The Reel Sisters by Michelle Cummings

Post by Amenrodion »

I would love to lay my hands on this book. I have had an interest in cryptocurrency investments, but don't particularly understand it

Posts: 209
Joined: 05 Jul 2019, 21:55
Currently Reading:
Bookshelf Size: 387

Post by BookPower9 »

I know a little about crypto currency. But if I'm going to find time reading this book maybe I could learn a lot. Very interesting topic. Nice review. Thanks!

Post Reply

Return to “Non-Fiction Books”