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Why Alex Tapscott Quit His High-paying Job to Write a Book About Bitcoin

Key Highlights

  • Alex Tapscott, a famous national bestseller, Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World, had quit his high-paying job to write a book about Bitcoin.
  • Tapscott explained in an interview with Cointelegraph that the idea came from his father during an annual ski trip.

Alex Tapscott, a Canadian business author famous for his national bestseller Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World, quit his job at the age of 29 to write a book with no idea of what would come afterward.

Tapscott is also a founder & CEO of NextBlock, a digital assets investment company, and the co-founder of Blockchain Research Institute along with his father, Don Tapscott.

But what drove the youthful Tapscott to write about an asset class unknown to the general public at the time? Tapscott explained in an interview with Cointelegraph that the idea came from his father during a periodic ski trip.

How Tapscott Got An Idea To Write a Book on Blockchain

He said his father is an academic, consultant, author, and so on at the University of Toronto, looking at how new technologies enable new forms of global problem-solving. One of the technologies they were trying to understand a lot better was Bitcoin. His father asked Tapscott, “Would you be interested in participating as an author or running one of these research projects?” As Tapscott was working in a financial services role at the investment bank, he got interested immediately at that time.

The idea was met with dubitation at the onset. Indeed, Numerous of Tapscott’s colleagues were confused. They thought he was nuts for quitting a high-paying job to write a book. Many people thought that crypto was just wrong. But Tapscott felt the need to chase this sort of dream.”

It came true after working with his father on Blockchain Revolution and with months of debates, analysis, and critiques. In the end, the book became a big hit as it was published in 2016, just around the time when a much larger audience became interested in learning more about the technology.

Blockchain Revolution was translated into 19 languages, with over 500,000 copies sold to date. Tapscott said that it led him on a journey he is still on today. He said he traveled around the world, giving speeches on almost every continent for about a year. It’s incredible how people opened his eyes to new perspectives. He is looking forward to the next chapter in his evolving crypto story.

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