The Bitcoin Standard
The Decentralized Alternative to Central Banking
by:
Saifedean Ammous
in:
Economics
Summary:
The book explores the historical context of money, detailing the evolution of various forms of currency and the rise of Bitcoin as a potential digital alternative to traditional, government-issued money. It argues for Bitcoin's unique properties as a deflationary, decentralized asset that could challenge the current central banking system and offer a new standard for global finance.
Key points:
1. Sound Money Concept: The book highlights the value of stable currency, like Bitcoin, which is immune to inflation and manipulation due to its decentralized nature and limited supply.
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