[Download] ➾ The Bitcoin Standard: The Decentralized Alternative to Central Banking ➹ Saifedean Ammous – Tactical-player.co.uk

The Bitcoin Standard: The Decentralized Alternative to Central Banking When A Pseudonymous Programmer Introduced A New Electronic Cash System That S Fully Peer To Peer, With No Trusted Third Party To A Small Online Mailing List In , Very Few Paid Attention Ten Years Later, And Against All Odds, This Upstart Autonomous Decentralized Software Offers An Unstoppable And Globally Accessible Hard Money Alternative To Modern Central Banks The Bitcoin Standard Analyzes The Historical Context To The Rise Of Bitcoin, The Economic Properties That Have Allowed It To Grow Quickly, And Its Likely Economic, Political, And Social Implications While Bitcoin Is A New Invention Of The Digital Age, The Problem It Purports To Solve Is As Old As Human Society Itself Transferring Value Across Time And Space Ammous Takes The Reader On An Engaging Journey Through The History Of Technologies Performing The Functions Of Money, From Primitive Systems Of Trading Limestones And Seashells, To Metals, Coins, The Gold Standard, And Modern Government Debt Exploring What Gave These Technologies Their Monetary Role, And How Most Lost It, Provides The Reader With A Good Idea Of What Makes For Sound Money, And Sets The Stage For An Economic Discussion Of Its Consequences For Individual And Societal Future Orientation, Capital Accumulation, Trade, Peace, Culture, And Art Compellingly, Ammous Shows That It Is No Coincidence That The Loftiest Achievements Of Humanity Have Come In Societies Enjoying The Benefits Of Sound Monetary Regimes, Nor Is It Coincidental That Monetary Collapse Has Usually Accompanied Civilizational Collapse With This Background In Place, The Book Moves On To Explain The Operation Of Bitcoin In A Functional And Intuitive Way Bitcoin Is A Decentralized, Distributed Piece Of Software That Converts Electricity And Processing Power Into Indisputably Accurate Records, Thus Allowing Its Users To Utilize The Internet To Perform The Traditional Functions Of Money Without Having To Rely On, Or Trust, Any Authorities Or Infrastructure In The Physical World Bitcoin Is Thus Best Understood As The First Successfully Implemented Form Of Digital Cash And Digital Hard Money With An Automated And Perfectly Predictable Monetary Policy, And The Ability To Perform Final Settlement Of Large Sums Across The World In A Matter Of Minutes, Bitcoin S Real Competitive Edge Might Just Be As A Store Of Value And Network For Final Settlement Of Large Payments A Digital Form Of Gold With A Built In Settlement Infrastructure Ammous Firm Grasp Of The Technological Possibilities As Well As The Historical Realities Of Monetary Evolution Provides For A Fascinating Exploration Of The Ramifications Of Voluntary Free Market Money As It Challenges The Most Sacred Of Government Monopolies, Bitcoin Shifts The Pendulum Of Sovereignty Away From Governments In Favor Of Individuals, Offering Us The Tantalizing Possibility Of A World Where Money Is Fully Extricated From Politics And Unrestrained By Borders The Final Chapter Of The Book Explores Some Of The Most Common Questions Surrounding Bitcoin Is Bitcoin Mining A Waste Of Energy Is Bitcoin For Criminals Who Controls Bitcoin, And Can They Change It If They Please How Can Bitcoin Be Killed And What To Make Of All The Thousands Of Bitcoin Knock Offs, And The Many Supposed Applications Of Bitcoin S Blockchain Technology The Bitcoin Standard Is The Essential Resource For A Clear Understanding Of The Rise Of The Internet S Decentralized, Apolitical, Free Market Alternative To National Central Banks


About the Author: Saifedean Ammous

Is a well-known author, some of his books are a fascination for readers like in the The Bitcoin Standard: The Decentralized Alternative to Central Banking book, this is one of the most wanted Saifedean Ammous author readers around the world.



8 thoughts on “The Bitcoin Standard: The Decentralized Alternative to Central Banking

  1. says:

    This book clearly explains why our current financial system will fail and soon It proves that we ve been duped for decades about how country s economies are supposedly managed by governments.It reminds me of the way we were told that fat makes you fat and now we know it was actually sugar all along The same is true of our economic theories We ve been sold a lie and our currencies are heading t


  2. says:

    I haven t even finished this book yet but I know that it s one of the best books I have ever read, and I read quite a lot of economics, bitcoin and finance I usually don t leave comments on but felt like I want people to read this I am now surprised that I have never before come across a condensed book of economics that resonates so much with observations I have made about the financial and economic


  3. says:

    The Bitcoin Standard is an enjoyable, well written account of the economic theory and history behind Bitcoin, particularly behind the idea of Bitcoin as digital gold Most of the book is devoted to a fairly detailed account of the history of money, as seen from Ammous s distinctively Austrian School point of view Whether or not one agrees with this point of view, the historical account is vigorously and entert


  4. says:

    Slightly biased as a 30 year old man, child of the internet age, who lost his faith in the current banking system back in 2008, watching banks getting bailouts whilst family and friends lost pensions, savings, and housing investments plummeting This book explains the worlds monetary history before going into the benefits of a blockchain, decentralised store of value If you find cryptocurrency interesting, this is for


  5. says:

    You may agree or not with the message but this is a nice book with original content The author gives an economical backing of Bitcoin linking it to Austrian school of economics Sometimes a bit too mich bashing keynsian thinking but overall a good addition to Bitcoin literature.


  6. says:

    Explains why Bitcoin can be a hard currency Adoption by countries is another matter Presumably this sort of currency is on the way , but control will not necessarily be privatised.Russians have a similar currency to trade between bloc members in the Stans.


  7. says:

    I d recommend this book to anyone interested in knowing what makes something a good sound kind of money and which are the terrible consequences of using unsound types of money those which supply is easy to increase , like the current fiat money.Anyone familiar with Austrian Economics will enjoy it and the author s criticism to the infamous Keynes and monetarists.


  8. says:

    Bought this book based on recommendation Have little economic knowledge prior, but wow this book is amazing from start to finish History of money is explained, which gets the reader to understand the background and then Bitcoin is explained Such an important book A must read.


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