The Future Philanthropist Guide to Profiting from Bitcoin


Non-Fiction - Retirement
110 Pages
Reviewed on 11/25/2019
Buy on Amazon

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Author Biography

A.A. Wyand is an engineer who applies concepts from advanced technology to personal finance. Eight years ago, an idle curiosity about Bitcoin led to significant new insights in the nature of risk and reward, and an interest in finding ways to do more good.

    Book Review

Reviewed by Judith Rook for Readers' Favorite

The Future Philanthropist Guide to Profiting from Bitcoin by A.A. Wyand can be seen as a straightforward appeal to cupidity, balanced by the prospect of later becoming a philanthropist and giving away the excess of what has been earned. The book is written for people who are “debt-free and already investing,” which might be expected to limit the readership, were it not for the good humor and a certain pleasant cheerfulness which turns this book into a very enjoyable reading experience. It is not a primer for bitcoin trading; it expects that readers understand what bitcoin is and what it represents in our technological society. The author demonstrates light-hearted scorn for people with the cash-hidden-in-the-mattress approach to financial security, suggesting that taking financial risks is potentially not quite as painful as it seems, so long as it is understood and handled correctly.

A.A. Wyand refrains from involving too much personal anecdote. His own activity as a philanthropist is more assumed than stated, although on more than one occasion he does present philanthropy as something worthy of honest and deep admiration. He provides a clear plan of action to help people begin the bitcoin acquisition cycle and also adds helpful appendices about becoming debt-free, understanding financial planners and living within one’s means. The Future Philanthropist Guide to Profiting from Bitcoin is a short, light-hearted but accurate book about making money. Despite his suggestion that it will be best understood and applied by those with technical understanding and capability, A.A. Wyand has presented a book that is very well-written, highly interesting, and will feed any person’s dream of retiring early from a world of financial uncertainty.

Astrid Iustulin

Is there anything better than making money to secure your financial freedom and then using it to help others? If this is your aim in life, then you have found the book that will help you achieve your goal. The Future Philanthropist Guide to Profiting from Bitcoin by A. A. Wyand is a no-nonsense handbook for philanthropists. Wyand explains the pros and cons of the best-known cryptocurrency, illustrates the tactics to speculate with bitcoins, and explores their future. If you have any doubts about investing in bitcoins, The Future Philanthropist Guide to Profiting from Bitcoin will help you decide.

The Future Philanthropist Guide to Profiting from Bitcoin is an excellent read from many points of view. It can be the starting point for anyone who is interested in this type of investment and has never dared to take the first step. Here, aspiring investors find both good advice and a useful worksheet to start investing. Wyand makes the process very clear and is candid about risks and opportunities, leaving readers free to make their own choices. Alongside the remarkable explanation about bitcoins, I liked the purpose of the book. The Future Philanthropist Guide to Profiting from Bitcoin teaches people to become rich so that they can help others in turn. I like this altruistic concern. It is a pity it is becoming a rarity, but I am glad there is still room for it. This book is a priceless idea and the concept is as important as every tip about bitcoins you can find between the pages.

K.C. Finn

The Future Philanthropist Guide to Profiting from Bitcoin is a work of non-fiction focusing on finance and cryptocurrency and was penned by author A. A. Wyand. Focused on US finance specifically, the book is aimed at adults seeking a wealthier state and a good investment to put some money behind them for retirement. The guidebook focuses on the concept of prudent risk-taking since the bitcoin market is such a wild and volatile place in general. Wyand takes readers through shrewd investment strategies, explaining the way that cryptocurrencies work and attempting to educate readers on how to invest wisely and protect what they garner in return.

Set across five simple chapters, author A. A. Wyand gives a great overview of cryptocurrency which is sure to light the spark of entrepreneurial spirit in any reader seeking wealth. The risks are well explained right from the start, and Wyand posits a philosophy of money-making that seeks to dispel disappointment, giving a balanced and logical view overall. The narration itself is both concise and friendly, asking questions of readers and actively engaging them in the materials with elements such as worksheets. The organization of the chapters makes good sense and flows well, whilst the appendices cover some really pertinent elements of the process, such as managing the money and remaining debt-free throughout the journey. Overall, The Future Philanthropist Guide to Profiting from Bitcoin is a book built on solid knowledge and philosophy and would make a great starter guide for anyone looking to take a leap into this wild new financial world.

Asher Syed

The Future Philanthropist Guide to Profiting from Bitcoin by A. A. Wyand is a non-fiction self-help book on investing in one of the most misunderstood forms of currency in existence. Spread out over five chapters and three separate appendixes, this book is as much an introduction to what Bitcoin actually is as well as a guide on how to use it. Covering everything from calculating risk and possible tax implications based on today's code, to predictions on where Bitcoin is headed based on the author's application of their own technological experience to the world of finance, Wyand is able to take a seemingly complex (but highly relevant) investment tool and make it accessible.

As someone who knew absolutely nothing about cryptocurrency before cracking this book open, I feel like something of an expert thanks to A.A. Wyand's The Future Philanthropist Guide to Profiting from Bitcoin. I admit that my motives for selecting this title had less to do with future philanthropic efforts and were more in line with looking to get rich quick...a motive which Wyand is quick to redirect. There is an honesty to Wyand's style of writing that is refreshing. This might be the first time I've seen an author state that they don't know enough about a particular method of investment to recommend it (futures), while they provide pages and pages of examples, worksheets, and their own experience on the method they know as much about as any one person really can (Bitcoin). This was an eye-opening book and has piqued my interest. The good news is that late is better than never, and Wyand predicts there is still a lot of room for growth. I'd recommend this book to any who are interested in or work in the field of finance, and those who are interested in learning more about Bitcoin.

Rabia Tanveer

The Future Philanthropist Guide to Profiting from Bitcoin by A. A. Wyand is a guide that can be beneficial for anyone who is looking to invest in Bitcoin. The world was blown away when Bitcoin surfaced as a money-maker and, needless to say, people started investing in it in the hopes of becoming rich overnight. Some lost, but some made it big. This book is a guide for anyone who is looking forward to investing in Bitcoin, especially the people who want to retire early. The author has gathered some valuable information regarding this and shared it with the reader. From risk-taking, risk management, making your strategy and then protecting your amassed wealth, the author shares his ideas and advice so that readers can make a sound investment as well. The author also gives advice on how to manage your wealth, spending within your means, and helping others out at the same time.

This book gives sound advice on Bitcoin and investing in this cryptocurrency. I am amazed at how well the author explained this rather complicated topic (complicated at least for me) and made it digestible. The narrative is smooth and the language used is very simple so anyone can understand it and make use of the information provided. I am no expert at investment. I run away from anything that requires me to do any kind of math, but reading this book made the concept of Bitcoin investment easier, even for me. I liked the fact that the author didn’t just share the information; the book is written in a way that allowed me to make a personal connection with the information provided and make it easier to implement. The additional advice on wealth management and spending is very much appreciated as well.