The Bitcoin Standard Basic reading if you invest in cryptocurrency!

The Bitcoin Standard

The Bitcoin Standard. A complete and authoritative exploration of Bitcoin and its place in financial historical past

The Bitcoin Standard programmer launched

When a pseudonymous programmer launched “a brand new digital money system that’s totally peer-to-peer, with no trusted third celebration” to a small on-line mailing record in 2008, only a few individuals paid consideration.

Ten years later

Ten years later, and towards all odds, this upstart autonomous decentralized software program gives an unstoppable and globally accessible exhausting cash different to fashionable central banks. The Bitcoin Customary analyzes the historic context to the rise of Bitcoin. The financial properties which have allowed it to develop rapidly, and its possible financial, political, and social implications.

The Bitcoin Standard Whereas Bitcoin is an invention

Whereas Bitcoin is an invention of the digital age, the issue it purports to unravel is as outdated as human society itself: transferring worth throughout time and area.

Writer Saifedean

Writer Saifedean Ammous takes the reader on an interesting journey by way of the historical past of applied sciences performing the features of cash. From primitive techniques of buying and selling limestones and seashells, to metals, cash, the gold commonplace. And fashionable authorities debt.

Exploring what gave these applied

Exploring what gave these applied sciences their financial position. And the way most misplaced it, supplies the reader with a good suggestion of what makes for sound cash. And units the stage for an financial dialogue of its penalties for particular person and societal future-orientation. Capital accumulation, commerce, peace, tradition, and artwork.

Achievements of humanity

Compellingly, Ammous reveals that it’s no coincidence that the loftiest achievements of humanity have are available societies having fun with the advantages of sound financial regimes. Neither is it coincidental that financial collapse has normally accompanied civilizational collapse.

Editorial Critiques

“Bitcoin has no proprietor, no authority that may determine on its destiny. It’s owned by the group, its customers. And it now has a monitor file of a number of years, sufficient for it to be an animal in its personal proper. Its mere existence is an insurance coverage coverage that may remind governments that the final object the institution might management. Particularly, the forex, is now not their monopoly. This provides us, the group, an insurance coverage coverage towards an Orwellian future.”

From the foreword by Nassim Nicholas Taleb

“I’ve spent my total profession finding out works about financial principle, the gold commonplace, comparative financial techniques, central banks, and proposals for financial and monetary reform. I’d charge a tiny fraction of the books I’ve examine any certainly one of these matters as glorious. Dr. Ammous’ ebook. The Bitcoin Customary, comprises a wonderful remedy of all these matters along with one of many few enlightened and enlightening accounts of Bitcoin that I’ve come throughout. It’s important studying for anybody fascinated about studying the position Bitcoin might play in a future regime of free and sound cash.”

Joseph Salerno, Tutorial Vice President, Mises Institute

“This ebook blew my thoughts; it’s a work of genius. It put collectively the technical, financial, motivational and associated points round Bitcoin higher than something I’ve seen. One of the best praise I may give this ebook is that I learn it and I made a decision to purchase $425m of bitcoin. It was essentially the most impactful on our mind-set in Microstrategy and it made us wish to invert our stability sheet to base it on a bitcoin commonplace.”

Michael Saylor, cofounder, chairman, and CEO of Microstrategy

From the Inside Flap

When a pseudonymous programmer launched “a brand new digital money system that is totally peer-to-peer, with no trusted third celebration” to a small on-line mailing record in 2008, only a few paid consideration. Ten years later, and towards all odds, this upstart autonomous decentralized software program gives an unstoppable and globally- accessible exhausting cash different to fashionable central banks. The Bitcoin Customary analyzes the historic context to the rise of Bitcoin, the financial properties which have allowed it to develop rapidly, and its possible financial, political, and social implications.

Product particulars

• Writer ‏ : ‎ Wiley; 1st version (April 24, 2018)
• Language ‏ : ‎ English
• Hardcover ‏ : ‎ 304 pages
• ISBN-10 ‏ : ‎ 1119473861
• ISBN-13 ‏ : ‎ 978-1119473862
• Merchandise Weight ‏ : ‎ 1.26 kilos
• Dimensions ‏ : ‎ 6.2 x 1.1 x 9.1 inches
• Finest Sellers Rank: #4,789 in Books (See Prime 100 in Books)

• Buyer Critiques: 
• 4.7 out of 5 stars
• 5,688 rankings