Assets, Bitcoin

Who Wrote the Bitcoin Standard?

The Bitcoin Standard is a book by Saifedean Ammous that looks at the history and future of money with a particular focus on Bitcoin. The book has been well received by those in the Bitcoin community and beyond, with many calling it a must-read for anyone interested in the topic of money.

Ammous is an economics professor and his book is heavily researched, drawing on a wide range of sources to make its case. The book starts by looking at the history of money, tracing its origins back to barter and early forms of currency.

It then looks at the gold standard and how it functioned as a global monetary system. From there, the book turns to fiat currency and central banking, showing how these systems have led to inflation and other economic problems.

NOTE: This publication, ‘Who Wrote the Bitcoin Standard?’, is a collection of essays about the history of Bitcoin and its impact on society. The material presented in this book is intended to inform readers of Bitcoin’s history and provide an understanding of the technology’s potential implications.

However, readers should be aware that this book does not provide financial or investment advice and should not be taken as such. It is important to research any investment decisions carefully before taking action. Readers should also be aware that speculative investments in cryptocurrency and related technologies can be extremely risky.

The second half of the book is focused on Bitcoin and why it has the potential to become the global reserve currency. Ammous argues that Bitcoin is superior to fiat currencies and gold because it is scarce, efficient, decentralized, and durable.

He also addresses some of the common criticisms of Bitcoin, such as its volatility and scalability issues.

Overall, The Bitcoin Standard makes a convincing case that Bitcoin could one day replace fiat currencies as the world’s reserve currency. The book is well-written and thoroughly researched, making it a valuable resource for anyone interested in learning more about Bitcoin and money.

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