''Number Go Up: Inside Crypto's Wild Rise and Staggering Fall'' is a 2023 book by the
investigative journalist Zeke Faux which takes a critical look at the world of
cryptocurrency
A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
Individual coin ownership record ...
. The book discusses crypto-related topics including
Sam Bankman-Fried
Samuel Benjamin Bankman-Fried (born March 5, 1992), commonly known as SBF, is an American entrepreneur who was convicted of fraud and related crimes in November 2023. Bankman-Fried founded the FTX cryptocurrency exchange and was celebrated as a ...
and
the 2022 collapse of cryptocurrency exchange
FTX,
Razzlekhan, and
pig butchering scam
A pig butchering scam (, ''sha zhu pan'' or ''shazhupan'', translated as the killing pig game) is a type of online scam where the victim is encouraged to make increasing financial contributions over a long period, usually in the form of cryptocur ...
s.
The book was on the best books of 2023 lists of many major publications including ''
Wired
Wired may refer to:
Arts, entertainment, and media Music
* ''Wired'' (Jeff Beck album), 1976
* ''Wired'' (Hugh Cornwell album), 1993
* ''Wired'' (Mallory Knox album), 2017
* "Wired", a song by Prism from their album '' Beat Street''
* "Wired ...
'', the ''
Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington m ...
'', the ''
Los Angeles Times
The ''Los Angeles Times'' is an American Newspaper#Daily, daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo, California, El Segundo since 2018, it is the List of new ...
'', and the ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''.
Faux explained that the title of the book was inspired by something he heard during a conference he was attending, "
t wassomething I heard a
Bitcoin
Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under ...
guy say...and he was like, if the price goes up, it gets people excited. The more people will buy, then the price will go up more. And before you know it, like to the moon. And I thought that was kind of laughable. But I really think that's kind of what's been happening these last couple of years."
See also
* ''
Going Infinite
''Going Infinite: The Rise and Fall of a New Tycoon'' is a 2023 book by Michael Lewis about Sam Bankman-Fried, a fraudster who founded the failed cryptocurrency exchange FTX. The book's publication date, October 3, 2023, coincided with the b ...
'' – another book about Bankman-Fried and FTX
References
2023 non-fiction books
Cryptocurrency in the United States
American non-fiction books
Books about investing
Crown Publishing Group books
Books about computer and internet entrepreneurs
Non-fiction books about criminals
Sam Bankman-Fried
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