The Bitcoin Standard: The Decentralized Alternative to Central Banking PDF is a book written by Saifedean Ammous, an economist and professor at the Lebanese American University. Wiley published the book on April 24, 2018, and it quickly became a bestseller in the cryptocurrency community.
The book explores the history of money and central banking and argues that Bitcoin represents a decentralized alternative to the current centralized monetary system. Ammous draws on economic theory and history to explain how Bitcoin works, why it has value, and how it can be used to store and transfer wealth.
Reviews of “The Bitcoin Standard” have been largely positive. Critics have praised the book for its clear and accessible writing style and thorough analysis of Bitcoin’s potential as an alternative to central banking. However, some readers have criticized the book for focusing too narrowly on Bitcoin and not discussing other cryptocurrencies or blockchain technologies in depth.
The book is available in several formats, including hardcover, paperback, ebook, and audiobook. Overall, “The Bitcoin Standard” is an informative and thought-provoking read for anyone interested in Bitcoin and the future of money.
Table of Contents
The Bitcoin Standard Summary
“The Bitcoin Standard” by Saifedean Ammous is a comprehensive exploration of Bitcoin and its potential impact on the global financial system. The book begins by discussing the history of money, highlighting the flaws of fiat currencies and central banking.
It then introduces the concept of Bitcoin and explains its underlying technology, blockchain. Ammous dives into the economic principles that support Bitcoin, such as scarcity, divisibility, and fungibility. He also explores the potential benefits and risks associated with Bitcoin’s adoption as a global currency.
Throughout the book, Ammous argues for the importance of a sound monetary system and presents Bitcoin as a viable alternative to traditional currencies. Ultimately, “The Bitcoin Standard” seeks to educate readers about the principles and potential of Bitcoin and its ability to disrupt and revolutionize the existing financial order.
Details of The Bitcoin Standard Book
|The Bitcoin Standard
|March 23, 2018
|Business & Economics
|John Wiley & Sons
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Multiple Languages Editions of The Bitcoin Standard Book
“The Bitcoin Standard” is available on Amazon in various formats, including paperback, hardcover, and Kindle e-book. It is also available in several languages, including English, German, Spanish, French, and Italian.
About the Author
Saifedean Ammous is a Lebanese-American economist and Bitcoin advocate. He was born in 1981 in Beirut, Lebanon, and grew up in Kuwait during the Gulf War. He received his bachelor’s degree in engineering from the American University of Beirut, and his master’s and PhD in sustainable development from Columbia University.
Ammous is a professor of economics at the Lebanese American University and has taught at several universities in the United States and Europe. He is known for his work on Austrian economics, particularly its application to the fields of finance and environmental sustainability.
In addition to “The Bitcoin Standard,” which was published in 2018, Ammous has written numerous academic articles and book chapters on topics related to economics, finance, and sustainability. He is also a frequent speaker at conferences and events related to Bitcoin and blockchain technology.
Ammous is a strong advocate for Bitcoin and believes that it represents a return to sound money principles. He argues that Bitcoin has the potential to create a more decentralized and equitable global economy, and has been a vocal critic of the current central banking system.
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FAQs(Frequently Asked Questions)
What is the book The Bitcoin Standard about?
“The Bitcoin Standard” is about the principles and potential impact of Bitcoin on the global financial system.
Is The Bitcoin Standard book worth reading?
The worth of reading “The Bitcoin Standard” depends on individual interests and goals related to Bitcoin and economics.
How long does it take to read The Bitcoin Standard book?
The time it takes to read “The Bitcoin Standard” can vary depending on the reader, but it is a relatively comprehensive book that may require some time for thorough understanding.
Who should read The Bitcoin Standard book?
“The Bitcoin Standard” is recommended for individuals interested in Bitcoin, economics, monetary systems, and the potential of cryptocurrencies.