Layered Money - Nik Bhatia
It is far from easy to write a timeless Bitcoin book, especially now that the technology has broken through to the general public. Yet Nik Bhatia does exactly that. Despite the hundreds of Bitcoin books being reviewed today, "Layered Money" brings an original insight into the raison d'être of this monetary revolution. While most analyses get stuck in yet another repetition of the inflation issue, listing various crypto currencies or advocating the "FIRE method," "Layered Money" goes further.
The book explores step-by-step how financial markets were created over the centuries and what essential accounting ingredients were needed to make our contemporary, hyper-complex society possible. From the Medici family in Italy, past the Antwerp Stock Exchange and the adventures of the Dutch East India Company, the book discusses how the first Central Banks and our current money system came about.
Bhatia succinctly but fully dissects how the dollar took over world reserve currency status from the British pound and why the modern dollar pyramid is nearing its expiration date. Nik Bhatia realizes, all too well, that an attentive study of our history, replete with monetary and financial experiments, is essential to gauge the health and desirability of our current global money system. Armed with this deep historical context, Nik ultimately, like so many before him, comes to one clear conclusion: Bitcoin fixes this!
Product details Publisher: Konsensus Network (July 6, 2022)
Language: Dutch
Paperback: 194 pages
ISBN-10: 9916974012
ISBN-13: 978-9916974018
Dimensions: 13.97 x 1.12 x 21.59 cm
Translation: Willem Van den Bergh & Thibaut Van Weehaeghe
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