Book: Chomping at the Bitcoin - The Past, Present and Future of Bitcoin in China Released by Penguin

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Today, August 25th, Penguin Books released Zennon Kapron's Chomping at the Bitcoin book looking at the incredible 2013 rise of Bitcoin in China, its subsequent decline, and a look at what may lie ahead for the virtual currency in China.

The Past, Present and Future of Bitcoin in China

In May 2013, China's main state‐run broadcaster aired a documentary about a little known virtual currency called Bitcoin. Over the next six months, the value of Bitcoin rocketed as Chinese money poured in. Unfortunately for many latecomers, the rapid rise in Bitcoin's price and popularity also attracted government scrutiny, causing an unforeseen and catastrophic plummet in value. In this China Special, finance industry expert Zennon Kapron investigates this mysterious digital currency and the far‐reaching implications of its use in China and around the world.

The Author

Zennon Kapron has over twenty years' experience in the finance and technology sectors and has lived in China for the last ten years. In 2007, he helped set up Kapronasia, a finance and technology market research and consulting firm, prior to which he worked at Citibank and Intel. He is regularly quoted in publications on Bitcoin and other financial technology trends. He has a BSc in Computer Science from Syracuse University and an MBA from INSEAD.

Penguin China Specials

Penguin Specials are designed to fill a gap. The specials can be read over a long commute or on a short journey, during your lunch hour or between dinner and bedtime. These books provide a short escape into a fictional world or act as a primer in a particular field or provide a new angle on an old subject. They are short, original and affordable.

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Jane Li
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