The Infinite Machine is the most thorough account of Ethereum's past, present, and likely future that I've encountered. Russo's background as a Bloomberg News reporter combined with her immersion in Ethereum makes her uniquely qualified to tell Ethereum's story. Reminiscent of Nathaniel Popper's work in its storytelling, finesse, and dedication to detail, The Infinite Machine is slated to be Ethereum's Digital Gold. Russo's timing is good, as Ethereum is poised to rise in the mainstream as Bitcoin's younger, more capable sibling.
Camila Russo gives us a fascinating history on the birth and birthing pains of the Ethereum network, which has the potential to transform the way society functions. If Ethereum fulfills its promise, this book will be required reading at colleges, and if it doesn’t, it's still a great read.
Bitcoin’s origin story has been widely covered, and thankfully Camila Russo has now narrated the similarly profound genesis of Ethereum. As cryptocurrency and borderless digital finance sweep the world, every tech enthusiast and financial radicalist should dive deep into The Infinite Machine. This is the founding of our swiftly approaching future.
"Russo—the ex-Bloomberg tech journalist who describes herself on Twitter as 'Chieftess at the Defiant'—has written a fast-paced, Michael Lewis-style history of crypto-currency which helps us sort out our Bitcoins from our Ethereums."
"Camila Russo has written the story of Vitalik Buterin and Ethereum—do I need to say more? Read it!"
The Infinite Machine is well-organized, easy to follow, and serves as the best introduction to the world of Ethereum."
"Camila Russo has written the story of Vitalik Buterin and Ethereum—do I need to say more? Read it!" — Tyler Cowen, cofounder of Marginal Revolution
“Bitcoin’s origin story has been widely covered, and thankfully Camila Russo has now narrated the similarly profound genesis of Ethereum. As cryptocurrency and borderless digital finance sweep the world, every tech enthusiast and financial radicalist should dive deep into The Infinite Machine. This is the founding of our swiftly approaching future.” — Erik Voorhees, CEO of ShapeShift
“Camila Russo gives us a fascinating history on the birth and birthing pains of the Ethereum network, which has the potential to transform the way society functions. If Ethereum fulfills its promise, this book will be required reading at colleges, and if it doesn’t, it's still a great read.” — Michael Novogratz, cofounder of Galaxy Digital
The Infinite Machine is the most thorough account of Ethereum's past, present, and likely future that I've encountered. Russo's background as a Bloomberg News reporter combined with her immersion in Ethereum makes her uniquely qualified to tell Ethereum's story. Reminiscent of Nathaniel Popper's work in its storytelling, finesse, and dedication to detail, The Infinite Machine is slated to be Ethereum's Digital Gold. Russo's timing is good, as Ethereum is poised to rise in the mainstream as Bitcoin's younger, more capable sibling. — Chris Burniske, cofounder at Placeholder Ventures and coauthor of Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
"This real story reads like a colorful, cypherpunk sci-fi. Still visceral for anyone who was there, Russo eloquently captures the origin story of the burgeoning Web 3.0 movement that is driving the next generation of internet platforms. It'll become a canonical text on the history of the space." — Jesse Walden, founder of venture fund Variant and former Andreessen Horowitz investor
"Russo—the ex-Bloomberg tech journalist who describes herself on Twitter as 'Chieftess at the Defiant'—has written a fast-paced, Michael Lewis-style history of crypto-currency which helps us sort out our Bitcoins from our Ethereums." — Literary Hub
"This will appeal to people fascinated with the possibilities of cryptocurrency, as well as those interested in the personalities involved and the business history of the concept." — Library Journal
“The Infinite Machine is well-organized, easy to follow, and serves as the best introduction to the world of Ethereum." — Wall Street Journal
07/01/2020
Journalist Russo makes her literary debut inspired by her fascination with Ethereum, a company whose cryptocurrency, ether, is the second-largest cryptocurrency after bitcoin. Formerly with Bloomberg, Russo has largely based her book on interviews she conducted with many people involved with Ethereum and cryptocurrency. She captures the idealism that motivates many of these people: a desire for a decentralized society possible now, they believe, via blockchain technology. Using blockchain, people will be able to interact with each other directly, without relying on intermediaries such as government, banks, and corporations. Ethereum wishes for individuals to have control over their money and their lives. The book narrates the efforts of Ethereum to build a world computer with an open-source protocol that will permit applications to be built by anyone who knows how, thus allowing people to avoid the large institutions that characterize modern society. The ether cryptocurrency allows people to use the portal. Russo is fairly (but not totally) successful in making the technology involved comprehensible to nontechnologists. VERDICT This will appeal to people fascinated with the possibilities of cryptocurrency, as well as those interested in the personalities involved and the business history of the concept.—Shmuel Ben-Gad, Gelman Lib., George Washington Univ., Washington, DC
2020-04-06
A deep dive into efforts to build the next internet, one free of government interference and regulation.
Russo, a leading cryptocurrency journalist, recounts the story of “an idealistic hero, his band of misfits, and the challenges they face to make their incredibly ambitious dream a reality.” The hero is Russian Canadian programmer Vitalik Buterin, gifted in mathematics and committed to a certain kind of anarchy, with numerous like-minded allies scattered across the globe. Some, like Russo, are South American, convinced that the key to breaking government control is to develop a cryptocurrency even more thoroughly hidden away than Bitcoin. But that’s only a start, a kind of proof of concept of a larger “world computer,” the dream in question, called Ethereum. Cryptocurrency is just beginning—however, notes the author, it now outstrips many national economies in capital. By way of an analogy, explains one of the players in this book, “email was to the internet what Bitcoin, the cryptocurrency, was to blockchain technology,” and Ethereum is bigger still, “bigger than any application built on top of it.” Though, as Russo writes, it turns out that cryptocurrency is subject to the familiar boom and bust of the business cycle, there are still plenty of hackers working on it, even as government agencies such as the U.S. Securities and Exchange Commission seek to regulate it. The same is true of Ethereum, which seems more desirable than ever since “long-ago scrappy upstarts Facebook and Google had now become megacorporations serving as the main gateways to the internet.” Russo’s narrative, based on more than 100 interviews, is dense, detailed, and often overstuffed. It’s also quite arcane, and it could use some of the patient explication that Michael Lewis and Katie Hafner, among other technology writers, bring to bear on their work.
A slog, but it will interest small-L libertarian techies.