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The Bitcoin Standard
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Description
THE ESSENTIAL GUIDE TO BITCOIN: HISTORY, PROPERTIES, USES, AND FUTURE
In The Bitcoin Standard, economist Saifedean Ammous takes the reader on a fascinating journey through the fascinating history of the technology behind money. He describes how these technologies acquired and lost their monetary role, what this can teach us about the ideal characteristics of money, and how Bitcoin was developed to address these challenges. Ammous explains how the economic, social, cultural, and political advantages of solid money over unstable money allow for an informed discussion about Bitcoin's potential role in the digital economy of the future. Rather than a currency for criminals or a cheap payment network for the masses, this book argues that Bitcoin is developing as a decentralized, politically neutral, free-market alternative to national central banks with potentially enormous implications for individual freedom and prosperity. For anyone seeking clarification and understanding of this new digital currency, The Bitcoin Standard is an essential source of information.
In The Bitcoin Standard, economist Saifedean Ammous takes the reader on a fascinating journey through the fascinating history of the technology behind money. He describes how these technologies acquired and lost their monetary role, what this can teach us about the ideal characteristics of money, and how Bitcoin was developed to address these challenges. Ammous explains how the economic, social, cultural, and political advantages of solid money over unstable money allow for an informed discussion about Bitcoin's potential role in the digital economy of the future. Rather than a currency for criminals or a cheap payment network for the masses, this book argues that Bitcoin is developing as a decentralized, politically neutral, free-market alternative to national central banks with potentially enormous implications for individual freedom and prosperity. For anyone seeking clarification and understanding of this new digital currency, The Bitcoin Standard is an essential source of information.
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