The bitcoin standard

The Bitcoin Standard - Saifedean Ammous

In The Bitcoin Standard, economist Saifedean Ammous takes readers on a fascinating journey through the fascinating history of the technology behind money. He describes how these technologies gained and lost their monetary role, what this can teach us about the ideal characteristics of money, and how bitcoin was developed to answer this.

Ammous explains how the economic, social, cultural and political advantages of solid money over unsolid money allow for a well-informed discussion of 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 emerging as a decentralized, politically neutral, free-market-based alternative to national central banks with potentially enormous implications for individual freedom and prosperity.

For anyone looking for clarification and clarification on this new digital money, is The bitcoin standard the essential source of information. "The Bitcoin Standard should be required reading for everyone in modern society. It provides a concise, coherent account of monetary theory, the history of money, practical economics and the impact of political policy on business, culture and the economy.

The book contains perhaps one of the best articulations of the virtues of solid money and the dangers of weak currencies yet presented in modern business literature. The Bitcoin Standard also masterfully debunks the myths of modern monetary theory and the fractured ideas that have dominated fiat economic thought since the early 20th century."

-From the foreword by Michael Saylor, CEO of MicroStrategy
"I have spent my entire career studying work on monetary theory, the gold standard, similar monetary systems, central banks and proposals for monetary and financial reform. I rate only a small fraction of the books I have read on this subject as excellent. Ammous' book, The Bitcoin Standard, includes an excellent approach to all these topics, along with some illuminating aspects of Bitcoin. It is essential for everyone to learn more about the role bitcoin can play in our future regime of free and solid money."

-Joseph T. Salerno, Academic Vice President of the Mises Institute
THE ESSENTIAL GUIDE TO BITCOINS HISTORY, FEATURES, USES AND FUTURE.