The Bitcoin Standard (Hardcover) - Saifedean Ammous

Name : The Bitcoin Standard (Hardcover) - Saifedean Ammous

Author : Saifedean Ammous

Book Format : Hardcover

Genre : Business & Economics

ISBN : 9781119473862

Language : English

Pages : 301-400 Pages

Publish Year : 2018

Publisher : Wiley

Sub Genre : Management Guidance/Self Help Books

Unveiling "The Bitcoin Standard : A Decentralized Alternative to Central Banking."

In 2008, a pseudonymous programmer introduced a revolutionary "fully peer-to-peer electronic cash system, with no trusted third party" to a small online community, garnering minimal attention at the time. However, against all odds, this autonomous and decentralized software has emerged as an unstoppable global hard money alternative to traditional central banks. "The Bitcoin Standard" meticulously examines the historical context of Bitcoin's ascent, its rapid growth driven by distinctive economic properties, and the potential economic, political, and societal implications it carries.

While Bitcoin represents a groundbreaking invention of the digital age, its underlying purpose—transferring value across time and space—is as ancient as human society itself. Saifedean Ammous takes readers on a captivating journey through the history of money technologies, from archaic systems of trading limestones and seashells to metals, coins, the gold standard, and modern government debt. Understanding what granted these technologies their monetary roles and how they lost them provides valuable insight into the characteristics of sound money, setting the stage for an economic discussion on its impact on future orientation, capital accumulation, trade, peace, culture, and art. Ammous compellingly demonstrates the

Country of Origin : India