Der Bitcoin-Standard

Der Bitcoin-Standard

  • Downloads:8458
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2021-05-24 03:52:14
  • Update Date:2025-09-06
  • Status:finish
  • Author:Saifedean Ammous
  • ISBN:3982109507
  • Environment:PC/Android/iPhone/iPad/Kindle

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Reviews

Belinda

A historical account of economics and finance and the role of crypto and how it's usage aids in solving the current problems we face today。 A historical account of economics and finance and the role of crypto and how it's usage aids in solving the current problems we face today。 。。。more

Rick Dunn

Timeless, age old love story 。。。 ❤️

Robert Thomas

Reasonably good with some obvious flaws。 Worth the read but keep in mind the criticisms of other reviews hold up。

Gary Borman

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Ruan Stander

This review has been hidden because it contains spoilers。 To view it, click here。 Must read for anyone in the financial industry or interested/trading with cryptos。Big take aways:- High vs。 Low time preference:A person’s willingness to sacrifice immediately gratification for probable/potential future gain。 Every day a person may make a number of economical transactions with other people, but he makes countless economical transactions with his future self。 Irrespective of fortune and external circumstances, a person’s eventual position in life and circumstances can (in most ca Must read for anyone in the financial industry or interested/trading with cryptos。Big take aways:- High vs。 Low time preference:A person’s willingness to sacrifice immediately gratification for probable/potential future gain。 Every day a person may make a number of economical transactions with other people, but he makes countless economical transactions with his future self。 Irrespective of fortune and external circumstances, a person’s eventual position in life and circumstances can (in most cases) largely be attributed to the transactions he made with his future self, based on his time preference。- Bitcoin took 9 years for the network to organically grow to a point where it started enjoying sufficient market participation to make it secure。 This is because it is truly decentralized。 In order to change/rewrite a past block more then 51% of the network will have to agree to proceed with this change and effectively move to another block。 Any new alt-coin will not enjoy the opportunity to naturally and organically grow into a truly decentralized network the same way Bitcoin has, as it will get lost between the 1000’s of available coins and will be unsafe in it’s early stages, making Bitcoin a better alternative。 Thus, a “successful” alt-coin will have a team of coders / engineers / marketers behind it driving and building the network actively。 This team will have a large say in the direction of the network and the code that is accepted by the blockchain, making it essentially centralized。 This is the flaw of any alt-coin claiming to be decentralized。 - “Bitcoin itself is irrelevant but the blockchain technology it introduced is revolutionary and will change the face of the financial sector”。 This is horse-shit by someone ignorant to how blockchain truly works。It is compared to someone saying: “The automobile is irrelevant, but the combustion engine is revolutionary。 Let’s strap that to the horse pulling the carriage。” This is ridiculous as the engine was designed to replace the horse carriage, and will only deteriorate efficiency if strapped to the horse。 Similarly the blockchain is actually a very inefficient payment processing tool, consisting of far less processing power than that of Visa / MasterCard’s processing systems! Far less!! To put this into perspective, a standard laptop can process Bitcoin’s annual transactions in 2 hours。 The only benefit of the Blockchain is decentralization。 However to keep it decentralized chain notes are limited to 1mb in order to make it possible for household computers with limited processing power to form part of the network。 This massively decreases the processing ability of the block chain。 If blocks are increased though, this would leed to few parties comprising of the processing power to run the blockchain and the network would essentially become less decentralized。 The Blockchain was designed not for efficiency, but for decentralization。 It will be pointless and inefficient to incorporate Blockchain technology into a centralized financial system。Other take aways:- The basic characteristics of sound money。- Natural flaw in government money that is easily printable。- Impoverishing effect of inflation。- Nature of monetary policy to manipulate spending & saving。- Fundamentals of Bitcoin, and why it is different from any other subsequent fork。 。。。more

Bóas Kristjánsson

Mostly a highly entertaining read with excellent storytelling considering the challenging topics of emerging tech and monetary theory。 Very unambiguous and confrontational toward topics or persons which the author deems to be undeserving of their accolades。 This mostly comes off as "hot takes" and some chapters are just rants。 Not recommended as a source on intricacies or opportunities regarding blockchain or bitcoin, but an enjoyable perspective on sound-money, macro-economics and time-preferen Mostly a highly entertaining read with excellent storytelling considering the challenging topics of emerging tech and monetary theory。 Very unambiguous and confrontational toward topics or persons which the author deems to be undeserving of their accolades。 This mostly comes off as "hot takes" and some chapters are just rants。 Not recommended as a source on intricacies or opportunities regarding blockchain or bitcoin, but an enjoyable perspective on sound-money, macro-economics and time-preference。 。。。more

Adrianna Janel

Rating: 3。5 starsThis book was actually super informative on the usage of money, economics and a history lesson all in one。 I like many other reviewers agree that the middle of the book is filled with hot takes that I don't 100% agree with。 I came into this book wanting to know the basis of bitcoin before investing in it but he spends most the book giving history and only the last like 100 pages actually talk about Bitcoin。 I also agree that he presents many of his arguments as facts and is very Rating: 3。5 starsThis book was actually super informative on the usage of money, economics and a history lesson all in one。 I like many other reviewers agree that the middle of the book is filled with hot takes that I don't 100% agree with。 I came into this book wanting to know the basis of bitcoin before investing in it but he spends most the book giving history and only the last like 100 pages actually talk about Bitcoin。 I also agree that he presents many of his arguments as facts and is very dismissive of others opinions。 But overall, I know more about economics, history and bitcoin than I did before reading this so I'd say it was a successful endeavor。 。。。more

Greg Baird

Good overview。 too much on political agenda。 Over the top anarch-libertarian。

Daniel

An uneven and at times repetitive book, but yet a book that absolutely must be read by anyone who wants to learn about Bitcoin and。。。 [see the rest on my book review site。] An uneven and at times repetitive book, but yet a book that absolutely must be read by anyone who wants to learn about Bitcoin and。。。 [see the rest on my book review site。] 。。。more

DEFIYIELD App

What a book! Such a great comparison of Bitcoin itself and Gold。 The author explains why $BTC is a store of value。 As well as the fact that Bitcoin IS NOT like a fiat currency。 IS NOT a currency at all。 It's just like gold! Do you pay with gold? Of course not, it's just a store of value! The same with $BTC。 Overall, a good book for all the newbies and crypto critics。 What a book! Such a great comparison of Bitcoin itself and Gold。 The author explains why $BTC is a store of value。 As well as the fact that Bitcoin IS NOT like a fiat currency。 IS NOT a currency at all。 It's just like gold! Do you pay with gold? Of course not, it's just a store of value! The same with $BTC。 Overall, a good book for all the newbies and crypto critics。 。。。more

Ashley Raymond

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Uwe Pfaffmann

Ich habe 'Der Bitcoin-Standard' als Hörbuch auf Deutsch gehört。 Ca。 20 Tage habe ich für die ca。 11 Stunden gebraucht。 Das ist deutlich länger, als ich normalweise für ein Hörbuch brauche。 Aber es ist ja auch ein Fachbuch, mit vielen Fremdwörtern und Fachausdrücken。 Mehr als eine Stunde am Stück konnte ich nicht hören, dann musste ich eine Pause machen oder habe ein anderes Hörbuch weitergehört。Zunächst würde ich mich als Krypto-Anfänger bezeichnen, ich bin zwar im Bitcoin investiert aber tiefgr Ich habe 'Der Bitcoin-Standard' als Hörbuch auf Deutsch gehört。 Ca。 20 Tage habe ich für die ca。 11 Stunden gebraucht。 Das ist deutlich länger, als ich normalweise für ein Hörbuch brauche。 Aber es ist ja auch ein Fachbuch, mit vielen Fremdwörtern und Fachausdrücken。 Mehr als eine Stunde am Stück konnte ich nicht hören, dann musste ich eine Pause machen oder habe ein anderes Hörbuch weitergehört。Zunächst würde ich mich als Krypto-Anfänger bezeichnen, ich bin zwar im Bitcoin investiert aber tiefgreifende Kenntnisse in der Materie habe ich nicht。 Ich denke, wenn man in Aktien oder ETFs investiert kauft man ja auch nicht blind, sondern informiert sich vorher über die Anlage。Weil ich mich nun mehr über den Bitcoin, Blockchain und Altcoins informieren wollte und wie das Ganze funktioniert habe ich mir das Hörbuch zugelegt。Gleich zu Beginn möchte ich ein Fazit abgeben。 Das Hörbuch kann ich sehr empfehlen, es geht nicht 11 Stunden nur um Bitcoin, das kommt erst gegen Ende des Buches。 Zunächst wird einem Wirtschaft Kreislauf sprich Mikroökonomie und Geld näher erläutert。 Dann wird auf die staatliche Einflussnahme auf die Geldpolitik eingegangen。 Erst später wird erklärt weshalb Bitcoin programmiert wurde und seinen dezentralen Einfluss erläutert。 Warum er ein ernstzunehmender Konkurrent für Gold ist, und letztendlich wie Bitcoin und Blockchain funktioniert。Es gibt 10 Kapitel, darauf möchte ich kurzeingehen。 Kapitel 1 Geldzunächst geht es allgemein um Geld, Tauschhandel, Sinn und Zweck des Ganzen。 Das ist sehr interessant und trägt zum Gesamtverständnis。Kapitel 2 Primitive GelderHier werden historische Geldformen näher erläutert, ein sehr kurzweiliges KapitelKapitel 3 Monetäre Metalle, Gold, Silber, KupferIn diesem Kapitel wir nun betrachtet wie sich Münzen in unterschiedlichen Metallarten über die Zeit durchgesetzt haben。 Warum sich Gold behaupten konnte und zum Gold-Standard wurde。Kapitel 4 Staatliches GeldWie der Staat mittels geldpolitischer Vorgaben in die Wirtschaft eingreifen kann。Kapitel 5 Geld und ZeitpräferenzDiese Kapitel ist etwas abstrakt, allerdings wichtig um das Thema Geld zu verstehen。 Es geht aber auch ums Sparen, was uns letztendlich alle interessiert。Kapitel 6 Das Informationssystem des KapitalismusHier geht es um Kapitalmarkt, Sozialismus und Finanzkrisen Kapitel 7 Solides Geld und individuelle FreiheitWie greift der Staat auf die Geldmenge ein, oder machen das die Zentralbanken。 Kapitel 8 Bitcoin als digitales GeldWarum wurde Bitcoin programmiert und was sind die Vorteile gegenüber Geld das vom Staat kontrolliert wird。Kapitel 9 Wofür ist Bitcoin gut?Kapitel 10 Fragen zu Bitcoin Wie funktioniert Blockchain, was ist Mining und welche Bedeutung haben Proof of Stake und Proof of Work。Ich hoffe ich habe nun niemanden verwirrt, aber es sollte nun klar sein, dass es in diesem Hörbuch nicht nur 11 Stunden nur über Bitcoin geredet wird。Es gibt viele Wiederholungen, das kann man bemängeln allerdings werden durch die Wiederholungen das Wissen auch gefestigt。 Der Hörbuchsprecher Christian Leuenberg hat eine angenehme Stimme mit einer deutlichen Aussprache。Ich kann dieses Hörbuch jedem empfehlen des sich mit Bitcoin und Altcoins beschäftigt。 Als Buch möchte ich es ehrlich gesagt nicht lesen, dazu ist der Stoff zu trocken und die vielen Wiederholung machen es bestimmt nicht angenehmer zu lesen。 Aber als Hörbuch bewerte ich es mit 5 Sternen。 。。。more

Donovan

Ok, I tried, I really tried。 My buddy swears by this book (he is a libertarian as a side note) and I definitely wanted to love it。 I just struggled reading it。 Made it a few chapters in, but just too much for me。 My crypto though is up, so that is good!

Antonio

This is one of the books that gives you a new perspective on the world。 It explains deeply how our economic system and our society function and how Bitcoin can possibly fundamentally change that system。 The book has its flaws (especially the excessive rants about modern art or Keynes), but overall it is a very thought-provoking experience and absolutely recommended to everyone。

Keven Wang

Hard to get through

Paige Gordon

This book is incredible and should be required reading for anyone with even a passing interest in the cryptocurrency space。 If you truly want to understand what bitcoin is, why there has never been anything like it before in history, and what potential role it could play in our world moving forward - Read。 This。 Book。

Gourav Dhama

A pretty good book to get a basic understanding of how money came into existence and its current form。 This is more a book on money history than bitcoin, author assumed bitcoin akin to the gold standard and explained the difference in the last two chapters。 So, if you are looking for a book to understand the inner working of bitcoin, this is not the book。There are few concerns which I would like to share about the author's false assumption and borderline hypocrisy, 1。 Author tried to convince th A pretty good book to get a basic understanding of how money came into existence and its current form。 This is more a book on money history than bitcoin, author assumed bitcoin akin to the gold standard and explained the difference in the last two chapters。 So, if you are looking for a book to understand the inner working of bitcoin, this is not the book。There are few concerns which I would like to share about the author's false assumption and borderline hypocrisy, 1。 Author tried to convince that world is in a state of war because of Fiat currency, while explaining the fact that, fiat currency came into mass existence after world war 1 started, hence, fiat currency is a consequence of war, not cause。 WW1 led to WW2, not the fiat currency。 and WW2 led to the Cold war, and proxy wars, not fiat currency。 And his own graph has shown that wars kept on increasing since the 16th century。2。 Author dismantled the personality of Keynes by calling him a spoilt brat, stupid, idiot, and pedophile and argued that the economic standard proposed by him reflects all of his vices。 In short, a lesser man couldn't make an important contribution。 While, in the end, he claimed that "it doesn't matter who invented bitcoin", then why spent 40 pages on destroying Keynes personality。3。 He once mentioned that environmentalists are stupid, there is nothing wrong with mining more。I can count many more examples, but in nutshell, this book assumes that the government, in the end, is going to be evil and the current world economy is being run by a bunch of socialists。 this could have been an awesome book if the author stuck to the facts and didn't shame anyone。 。。。more

Jake

I finished reading this book yesterday and I loved it。 The entire book is packed with interesting economic theories, but it is the first part of the book that has really stuck with me。 Upon completing the first half of The Bitcoin Standard I feel like a lot of the societal trends and mental approaches towards money that I have been considering have been validated。 Consumerism has been shown in a new light and I feel like I am beginning to grasp the reasoning behind the shift towards more and mor I finished reading this book yesterday and I loved it。 The entire book is packed with interesting economic theories, but it is the first part of the book that has really stuck with me。 Upon completing the first half of The Bitcoin Standard I feel like a lot of the societal trends and mental approaches towards money that I have been considering have been validated。 Consumerism has been shown in a new light and I feel like I am beginning to grasp the reasoning behind the shift towards more and more consumption in the economy。 After abandoning the gold standard in 1914, most western countries shifted to fiat money, which is government controlled money that is not 100% linked to a commodity like gold。 With this shift came more government intervention in economic dealings。 The governments relied on teachings of economists like Maynard Keynes who had practically no knowledge of historical economic systems。 Keynes’s ideas directly opposed the conventional Austrian school of economics in that he believed, completely without evidence, that spending was the number one indicator of a strong economy, destined for growth。 The world’s shift towards Keynesian economics is at the root of many of society’s adjusted values following World War I。 I should note that the book also explains Monetarist economic principles, this is the primary partisan opposition to Keynesian economics in that they believe in lowering taxes so that individuals will increase spending。 Fundamentally both Keynesian and Monetarist economics believe in higher expenditures and government intervention in creating inflation。 In reality there are two schools in partisan politics so that the two sides can argue over different ways of following the same basic principle, to increase the spending by the government and individuals。tPoliticians are basically required to take an active role in supporting the economy so that they are re-elected, this requires them to continue government spending on unnecessary government industries。 It is believed that any spending is good spending, and it all stimulates the economy。 People even believed that WWII was beneficial to the economy because the government spent so much money on the war effort。 However, Keynesian and Monetarist economists fail to realize that government spending and artificially lowered interest rates are what cause recessions。 The 1920 recession lasted only 9 months because president Harding believed in a noninterventionist approach to the recovery。 Keynesian economists do not like to acknowledge the real causes of recessions, much less the rapid recovery of the 1920 recession。 America was plagued by Keynesian thought during the Great Depression by ever increasing government intervention in the economy。 A truly uninhibited capitalist economy will correct itself in recessions, if it ever gets there in the first place。 Look no further than the example of Switzerland before 1992。 Switzerland remained on the gold standard much longer than other countries and was therefore not able to artificially inflate their currency。 Unemployment in Switzerland virtually never exceeded one percent when their currency was backed by the gold standard which allowed them to use a sound money system。tIn order to understand Austrian economics you must understand what constitutes sound and unsound money。 Sound money has many different attributes, but most notably it has a high stock to flow ratio, meaning that the current stockpile of the commodity is much larger than the amount added per year。 The gold standard created a sound money system because gold mining only adds about one or two percent of the global gold stockpile per year。 There are examples of governments artificially adding to the money supply even during the years of the gold standard and the consequences were horrible。 With governments controlling the rate of inflation, practically printing money whenever they please, it is impossible for fiat currencies to be sound。 In societies using a sound money system, the government’s expenditures are limited by its tax income。 Therefore, the citizens hold more power over the government because they can vote on what projects the government gets to spend on。 This leads to less corruption and less warfare。tThe Austrian school of economic thought teaches the importance of a low time preference。 Basically a time preference is someone’s willingness to forgo present payback for delayed gratification。 Each individual has his or her own time preference, but in Keynesian countries individuals are likely to have higher time preferences meaning they value present consumption over long term investments。 This is largely because of inflation and the government’s urging of individuals to spend。 This particular section of the book was eye opening in that it explained how the government, with its ability to spend relentlessly, controls what students learn in the education system。 Students are not taught the importance of saving money, instead they learn delusional Keynesian economics。 If sound money is used then the population will be more incentivized to save money as it increases in value over time。 Saving money leads to long term investments towards projects that develop new technologies and add value to society。 In the long run saving money and investing it in promising ventures is what creates more economic growth and future consumption。 It is not stable for the government to intervene in the banking system, propping up banks that are “too big to fail,” because they do not create real value to society。 In capitalism it is important for the strongest to survive, it is not survival of the fittest if certain institutions are held afloat by the government’s life vest。tNow that I understand the government’s interest in its people having a high time preference I am able to validate many of the consequences。 The first is that people now have a tendency to worry about things later, to put off the negative consequences to not putting in the work required to do something right。 People also feel the need to spend to keep up with the Joneses so that their image is not affected。 The book also goes on to describe the idea that a low financial time preference extends to other areas of life。 Those with a low time preference are more forward thinking than high time preference individuals because they value what is to come。 As a result they are more likely to treat others positively in order to develop good, peaceful relationships with others。 In many ways, the shift to consumerism manifests itself in many aspects of new generations and separates them from the past。 With the idea of a higher and higher time preference being enforced by the government to keep up with increasing spending, it is easy to explain many shifts in the mindsets of young people。tThe last three chapters of the book explain how Bitcoin works without going too much into the technical aspects。 Ammous describes Bitcoin’s benefits and the properties that make it a sound currency。 The two most promising aspects of Bitcoin, in my opinion, are its decentralized operation and the fixed amount。 Bitcoin is decentralized because no government can interfere in its behavior, in fact no individual can without acceptance from the majority of users。 It is an open source software that does not change easily。 Basically over half of the Bitcoin nodes must accept a change for it to be adopted。 Many other crypto currencies are run my software and marketing teams that can change the code at any given time。 These alt coins are not good currency alternatives like Bitcoin because they exist mainly for the developers to profit。 Bitcoin is what’s called a hard money because the supply is capped。 In the year 2040 there will be no new Bitcoins added to the network, capping the total amount at 21 million。 This means that, unlike fiat money, more can not be printed so inflation will not happen。 。。。more

Bill

Some parts of the book are deeply unreadable。 Especially the passages on economists lack any argumentation and read like Youtube comments。 Impossible to take the other possibly interesting points made by the author seriously after that。

Jacob Barrieault

Overall a useful read that covers monetary theory & history, with the thesis being that Bitcoin is the most superior monetary instrument ever devices。 It provided good technical explanations of the network, and answered a lot of common "what about" type of questions。 The author's attitude comes off fairly arrogant though。 Some sections of the book divulge into unnecessary rants against fiat currency, and government itself, essentially fulfilling the stereotype of the Libertarian Bitcoin Maximali Overall a useful read that covers monetary theory & history, with the thesis being that Bitcoin is the most superior monetary instrument ever devices。 It provided good technical explanations of the network, and answered a lot of common "what about" type of questions。 The author's attitude comes off fairly arrogant though。 Some sections of the book divulge into unnecessary rants against fiat currency, and government itself, essentially fulfilling the stereotype of the Libertarian Bitcoin Maximalist。Political propaganda notwithstanding, I would recommend this book to those interested in learning both the theoretical as well as technical details of this strange, new, fake, internet money。 。。。more

Steinbjörn Jónsson

Absolute worth reading to get an understanding of the current monetary and economic climate, and what the Distributed Ledger Technologies like Bitcoin and others are doing to replace the old forms of currency and provide a new asset classes which will drastically change the future。 If not just for understanding Bitcoin then it's definitely recommended to get an economist's (and one seemingly properly schooled in Austrian economics) perspective on the development of the monetary history and it's Absolute worth reading to get an understanding of the current monetary and economic climate, and what the Distributed Ledger Technologies like Bitcoin and others are doing to replace the old forms of currency and provide a new asset classes which will drastically change the future。 If not just for understanding Bitcoin then it's definitely recommended to get an economist's (and one seemingly properly schooled in Austrian economics) perspective on the development of the monetary history and it's relation to Bitcoin。 。。。more

Christopher Teeter

Loaded with a great education on money as a lead up to defending Bitcoin as best。 Great nuggets on understanding the various architectural constructs that make Bitcoin unique。Pretty dismissive about the use cases for Ethereum and other Altcoins。 Some material on the history of money kinda took a logic leap when talking about the lack of innovation once countries left the gold standard。

Will Dickerson

This is a concise history of money and a convincing case for bitcoin。 However, Ammous is a hardcore free-market capitalist and a curmudgeon。 Lines like "it was hard money that financed Bach's Brandenburg Concertos while easy money financed Miley Cyrus's twerks" were particularly painful。 Stick to the monetary policy, bro。 This is a concise history of money and a convincing case for bitcoin。 However, Ammous is a hardcore free-market capitalist and a curmudgeon。 Lines like "it was hard money that financed Bach's Brandenburg Concertos while easy money financed Miley Cyrus's twerks" were particularly painful。 Stick to the monetary policy, bro。 。。。more

Richard Liu

A great book to learn history and theory of money and bitcoin。

Daria

3。5

Christopher Humphrey

"The Bitcoin Standard: The Decentralized Alternative to Central Banking" by Saifedean Ammous, is a fascinating look at Bitcoin vis-a-vis precious metals and sovereign government-issued currency。 What is bitcoin? Why was it invented? How does it work? What problems does it solve? How secure is it? How does it compared to the dollar, for example。 All of these questions are answered in this slender volume。When I began this book I was under the impression that it was all about Bitcoin; and although "The Bitcoin Standard: The Decentralized Alternative to Central Banking" by Saifedean Ammous, is a fascinating look at Bitcoin vis-a-vis precious metals and sovereign government-issued currency。 What is bitcoin? Why was it invented? How does it work? What problems does it solve? How secure is it? How does it compared to the dollar, for example。 All of these questions are answered in this slender volume。When I began this book I was under the impression that it was all about Bitcoin; and although Bitcoin is the raison detre for this book, there is much more contained here。 One of the great values of this book is the discussion of the idea of money and the various currencies that have been used by individuals and governments over time, which has allowed economies to operate。 This work also clearly explains the gold standard--both how it operated and how moving away from it has caused great fluctuations in the economies that move to freely print their own currency。 The author makes an interesting point that many governments that have moved away from the gold standard continue to hoard gold, and that perhaps this means that such governments aren't quite comfortable with the long term prospect of their easy-money policies。While reading this book will allow one to better understand Bitcoin, that understanding comes at a price。 The concepts are highly technical; therefore, one will not be able to read and comprehend what is said without patient reflection。 That being said, this was a very interesting an informative book, which I think many readers will enjoy。 Happy reading! 。。。more

Pedro Esperanca

Nice but very biased exploration on the history of currency。However, I can't agree with crypto currencies as more than a gambling vehicle as they don't have any of the characteristics I identify as valuable as a store of value。Such as: being demanded by governments, or creating value via business income。 Nice but very biased exploration on the history of currency。However, I can't agree with crypto currencies as more than a gambling vehicle as they don't have any of the characteristics I identify as valuable as a store of value。Such as: being demanded by governments, or creating value via business income。 。。。more

Ryan Rice

Modern economics as taught in academia often leaves out or doesn't dig into the history of money。 This book helps outline the basic thinking and rationale behind why Bitcoin will become the new standard。 Modern economics as taught in academia often leaves out or doesn't dig into the history of money。 This book helps outline the basic thinking and rationale behind why Bitcoin will become the new standard。 。。。more

Inversor2185

El libro está bastante bien, aunque termina haciéndose bastante repetitivo。Hasta el capitulo 8 no se pone a hablar de Bitcoin。 Los capítulos anteriores tratan sobre historia monetaria y economía。En general, sirve para aprender más sobre Bitcoin, eso esta claro。Al autor se le nota un poco resentido con el sistema monetario actual。。。

Tieg Zaharia

Good breakdown of Bitcoin and its strengths, although sometimes it seems a little starry-eyed and religiously positive on Bitcoin。