Bitcoin book for American policymakers gets 5x funding on Kickstarter

Eight Bitcoin (BTC), enthusiasts launched a Kickstarter campaign in order to publish an educational book for America’s federal policymakers. This would reduce their dependence on traditional media coverage on cryptocurrency. Funding for the campaign was $23,151, almost five times more than the $5,000 goal.

After the US House of Representatives passed $1.2 trillion in bipartisan infrastructure bills, the book was created quickly. This bill mandates strict reporting requirements for crypto communities. According to the authors:

We set out to write a book that would help policymakers understand the origins of Bitcoin users and what they care about. We are trying to dispel the myth that Bitcoin is a nerd currency and show how it has an impact on so many Americans.

Possible book cover. Source: Kickstarter

Jimmy Song, a Texas-based cryptoentrepreneur and experienced author, launched the Kickstarter. Others include Annaliese Wiederspahn and Gary Leland as well as CJ Wilson, Charlene Fadirepo, Lamar Wilson, Lamar Wilson, Gary Leland, Pete Rizzo and Amanda Cavaleri.

According to the schedule, the Bitcoin book manuscript has been completed and will be finished by the end 2021. The authors plan to make the paperback and audiobook available by January. A book launch event will take place in Washington DC to promote the book.

The initial funding for the Bitcoin book production has been accounted for by the authors of the Bitcoin book. However, additional funds will be used to fund the launch party.

“As the authors of this book we recognized that Washington impressions were far from reality and tried to correct them.”

Related: Fed chair Jerome Powell said that he doesn’t worry about crypto disrupting financial stability within the US

Federal Reserve chair Jerome Powell suggested that there is no concern about crypto disrupting financial stability, while supporting the Bitcoin book’s efforts to demystify it for regulators.

Cointelegraph reported that Powell said that stablecoins could scale “especially if they were to become associated with one the large tech networks that exists.”