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Bitcoin standard saifedean ammous

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Apr 23,  · Saifedean Ammous on "The Bitcoin Standard" Saifedean Ammous's new book The Bitcoin Standard: The Decentralized Alternative to Central Banking will be published by . Bitcoin is the digital age's novel, decentralized, and automated solution to the problem of money: accessible worldwide, controlled by nobody. Can this young upstart money challenge the global monetary order? Economist Saifedean Ammous traces the history of the technologies of money to seashells,/5. Nov 16,  · The Bitcoin Standard: The Decentralized Alternative to Central Banking The Bitcoin Standard is being published in 25 languages. Details of all translations, and links to buy them, are available below. If you are a publisher of one of these translations and would like to have links listed here, please email info@feuerwehr-matzenbach.de

Bitcoin standard saifedean ammous

The Bitcoin Standard Review () | A Little Disappointing

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.

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?

Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

To get the free app, enter your mobile phone number. It is owned by the crowd, its users. And it now has a track record of several years, enough for it to be an animal in its own right. Its mere existence is an insurance policy that will remind governments that the last object the establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future.

Ammous elucidates the economic, social, cultural, and political benefits of sound money over unsound money to allow for an informed discussion of the potential role Bitcoin could play in the digital economy of the future. Rather than as a currency for criminals or a cheap mass consumer payment network, this book argues Bitcoin is emerging as a decentralized, politically neutral, free-market alternative to national central banks, with potentially enormous implications for individual freedom and prosperity.

For anyone looking for a clear understanding of this new digital money, The Bitcoin Standard is the essential resource.

Don't have a Kindle? Customer reviews 4. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon.

It also analyzes reviews to verify trustworthiness. Customer images See all customer images Top reviews Most recent Top reviews Top reviews from the United States There was a problem filtering reviews right now.

Please try again later. Jimmy Song 5. This is the best treatment of Bitcoin and money out there. Who should read the book: People that are interested in the history of money. People that are wondering what makes Bitcoin different. People that are curious about what makes money work. This is a wonderful book written by a world-class economist. Saifedean Ammous really knows his monetary history and has clear and logical explanations of not only how money works, but why some money works better than others.

He makes a compelling argument for why Bitcoin is superior to other forms of money tried in the past. As a bonus, he goes into why so much of "blockchain technology" is mostly hype. I've bought 20 copies already to hand out to friends. Reviewed in the United States on August 16, Verified Purchase This book is useful in understanding the author's worldview - not Bitcoin. Only the last few chapters actually pertain to Bitcoin. The rest of the text is a history of money that has been heavily distorted through the lens of personal bias.

Historical facts are conveniently ignored in service of the author's personal agenda. For example, the author claims "Germany suffered from hyperinflation after the Treaty of Versailles had imposed large reparations on it and it sought to repay them using inflation.

This is just one of many, many inaccurate statements within the text. If you're looking for an ahistorical polemic screed against central banks and Keynesian economics, this is your book. However, you seek to understand Bitcoin and the underlying technologies, you'd be better off with another book.

Read more 64 people found this helpful Helpful Report abuse Jex Dunkirk 5. Reviewed in the United States on April 7, Verified Purchase About mid-way through reading this book I realized there was a problem with the book. If you never heard of Bitcoin. If you are a long-time holder of Bitcoin. This book is for you. The book fills a gap on three fronts.

First it helps those of us who became enamored with Bitcoin through individual and economic freedom explain our viewpoint in a succinct manner. Second, it serves as a philosophical on-ramp to the multitudes of speculators who flooded into Bitcoin in the past 6 months or so. It provides them a concrete reason to transform their time-preference a key economic theme in the book from trader to HODLer. Another overriding theme in the book is security. Without it there is no such thing as financial freedom.

The first seven chapters barely mention Bitcoin. Instead there is a gradual discussion of money and economics, including the various popular schools of economics. It can potentially spread the common-sense Austrian view to multitudes of people who otherwise would never learn of it. If you know someone who bought bitcoins for speculation or to make some quick money buy this book for them and force them to read it.

Read it. Then read it again. Then pass it around to everyone you know and if they are reluctant, figure out non-violent ways to get them to read it. Just find a way. Read his bible with the highest time preference so you can learn to have a low time preference when it comes to Bitcoin itself. Read more 68 people found this helpful Helpful Report abuse Scott L. Johnson 4. But I have mixed opinions about this book. Read more 33 people found this helpful Helpful Report abuse See all reviews Top reviews from other countries Loz 5.

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. Our modern levels of debt and quantitative easing are now unsustainable so either we return to the gold standard or we move on. Enter Bitcoin. The hardest money ever. Read more 31 people found this helpful Report abuse Ross 5. I usually don't leave comments on Amazon but felt like I want more 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 world of today.

Truly an eye opening book, especially the first half of it. If you can even borrow it from a friend, I recommend you do. I got the audible version as well as paperback.

Will sit nicely next to Mises in my library. The book was first ordered by my friend to my address as he lives abroad and was planning to pick it up in a couple of weeks. I expected a slightly boring book with some propoganda, like Dr Julian Hosp's one, but I was pleasantly surprised to be very wrong.

I ordered my own copy immediately. Read more 5. Images in this review 18 people found this helpful Report abuse Alex 5. 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 entertainingly argued; Ammous is not afraid to call out what he sees as the economic crimes of past and present, particularly with regards to fiat currency, socialist governments, and Keynesian central banking.

Ammous argues that the gold standard was a far superior system to the fiat currency system we have today, and that the 'Bitcoin standard' will be its digital reincarnation. While this veneration of the gold standard may seem surprising or implausible to modern readers, Ammous argues his case well, citing the remarkable, indeed almost uninterrupted, economic boom that much of the West enjoyed during the years of the gold standard. 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.

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? Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

To get the free app, enter your mobile phone number. It is owned by the crowd, its users. And it now has a track record of several years, enough for it to be an animal in its own right. Its mere existence is an insurance policy that will remind governments that the last object the establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future.

Ammous elucidates the economic, social, cultural, and political benefits of sound money over unsound money to allow for an informed discussion of the potential role Bitcoin could play in the digital economy of the future. Rather than as a currency for criminals or a cheap mass consumer payment network, this book argues Bitcoin is emerging as a decentralized, politically neutral, free-market alternative to national central banks, with potentially enormous implications for individual freedom and prosperity.

For anyone looking for a clear understanding of this new digital money, The Bitcoin Standard is the essential resource. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. It also analyzes reviews to verify trustworthiness. Customer images See all customer images Top reviews Most recent Top reviews Top reviews from the United States There was a problem filtering reviews right now.

Please try again later. Jimmy Song 5. This is the best treatment of Bitcoin and money out there. Who should read the book: People that are interested in the history of money. People that are wondering what makes Bitcoin different.

People that are curious about what makes money work. This is a wonderful book written by a world-class economist. Saifedean Ammous really knows his monetary history and has clear and logical explanations of not only how money works, but why some money works better than others. He makes a compelling argument for why Bitcoin is superior to other forms of money tried in the past. As a bonus, he goes into why so much of "blockchain technology" is mostly hype.

I've bought 20 copies already to hand out to friends. Reviewed in the United States on August 16, Verified Purchase This book is useful in understanding the author's worldview - not Bitcoin. Only the last few chapters actually pertain to Bitcoin. The rest of the text is a history of money that has been heavily distorted through the lens of personal bias. Historical facts are conveniently ignored in service of the author's personal agenda. For example, the author claims "Germany suffered from hyperinflation after the Treaty of Versailles had imposed large reparations on it and it sought to repay them using inflation.

This is just one of many, many inaccurate statements within the text. If you're looking for an ahistorical polemic screed against central banks and Keynesian economics, this is your book.

However, you seek to understand Bitcoin and the underlying technologies, you'd be better off with another book. Read more 64 people found this helpful Helpful Report abuse Jex Dunkirk 5. Reviewed in the United States on April 7, Verified Purchase About mid-way through reading this book I realized there was a problem with the book.

If you never heard of Bitcoin. If you are a long-time holder of Bitcoin. This book is for you. The book fills a gap on three fronts. First it helps those of us who became enamored with Bitcoin through individual and economic freedom explain our viewpoint in a succinct manner.

Second, it serves as a philosophical on-ramp to the multitudes of speculators who flooded into Bitcoin in the past 6 months or so. It provides them a concrete reason to transform their time-preference a key economic theme in the book from trader to HODLer.

Another overriding theme in the book is security. Without it there is no such thing as financial freedom. The first seven chapters barely mention Bitcoin. Instead there is a gradual discussion of money and economics, including the various popular schools of economics. It can potentially spread the common-sense Austrian view to multitudes of people who otherwise would never learn of it. If you know someone who bought bitcoins for speculation or to make some quick money buy this book for them and force them to read it.

Read it. Then read it again. Then pass it around to everyone you know and if they are reluctant, figure out non-violent ways to get them to read it. Just find a way. Read his bible with the highest time preference so you can learn to have a low time preference when it comes to Bitcoin itself.

Read more 68 people found this helpful Helpful Report abuse Scott L. Johnson 4. But I have mixed opinions about this book. Read more 33 people found this helpful Helpful Report abuse See all reviews Top reviews from other countries Loz 5.

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. Our modern levels of debt and quantitative easing are now unsustainable so either we return to the gold standard or we move on. Enter Bitcoin. The hardest money ever.

Read more 31 people found this helpful Report abuse Ross 5. I usually don't leave comments on Amazon but felt like I want more 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 world of today. Truly an eye opening book, especially the first half of it.

If you can even borrow it from a friend, I recommend you do. I got the audible version as well as paperback. Will sit nicely next to Mises in my library. The book was first ordered by my friend to my address as he lives abroad and was planning to pick it up in a couple of weeks.

I expected a slightly boring book with some propoganda, like Dr Julian Hosp's one, but I was pleasantly surprised to be very wrong. I ordered my own copy immediately. Read more 5. Images in this review 18 people found this helpful Report abuse Alex 5. 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 entertainingly argued; Ammous is not afraid to call out what he sees as the economic crimes of past and present, particularly with regards to fiat currency, socialist governments, and Keynesian central banking.

The Bitcoin Standard Review (2020) Book Contents

Bitcoin is the digital age's novel, decentralized, and automated solution to the problem of money: accessible worldwide, controlled by nobody. Can this young upstart money challenge the global monetary order? Economist Saifedean Ammous traces the history of the technologies of money to seashells,/5. Apr 23,  · Saifedean Ammous on "The Bitcoin Standard" Saifedean Ammous's new book The Bitcoin Standard: The Decentralized Alternative to Central Banking will be published by . Saifedean Ammous really knows his monetary history and has clear and logical explanations of not only how money works, but why some money works better than others. He makes a compelling argument for why Bitcoin is superior to other forms of money tried in the past. As a bonus, he goes into why so much of "blockchain technology" is mostly hype/5(K). Tags:Python bitcoin private key to address, Bitcoin yorkville, Nz bitcoin trader, Go aften danmark bitcoin, How to get bitcoins hack

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