The Bitcoin Standard

The Bitcoin Standard, authored by the esteemed Columbia University, is a riveting exploration into the world of cryptocurrency. Published in 2018 by John Wiley & Sons Inc, this book delves into the intricacies of Bitcoin, offering readers a comprehensive understanding of this digital currency. The book is a must-read for anyone interested in the financial sector, particularly those curious about the burgeoning field of cryptocurrency. Through its engaging narrative, The Bitcoin Standard elucidates the potential of Bitcoin, making it an essential addition to any finance enthusiast's library. Published by the renowned John Wiley & Sons Inc, this book guarantees quality content that is both informative and captivating.

THE ESSENTIAL GUIDE TO BITCOIN'S HISTORY, PROPERTIES, USES, AND FUTUREIn The Bitcoin Standard, economist Saifedean Ammous walks readers through the fascinating history of the technologies of money and explores what gave these technologies their monetary role, how they lost it, what that teaches us about the desirable features of money, and how Bitcoin is designed to improve on these technologies. 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. "The Bitcoin Standard should be required reading for everyone in modern society. It offers a concise and coherent narrative of monetary theory, the history of money, practical economics, and the impact of political policy on business, culture, and the economy. The book contains perhaps one of the best articulations of the virtues of strong money and the dangers of weak currency yet presented in modern literature. The Bitcoing Standard also masterfully debunks the myths of modern monetary theory and the broken ideas that have dominated the fiat economic school of thought since the early 20th century."--From the Foreword by Michael Saylor, CEO of Microstrategy"I have spent my entire career studying works about monetary theory, the gold standard, comparative monetary systems, central banks, and proposals for monetary and financial reform. I would rate a tiny fraction of the books I have read about any of these topics as excellent. Dr. Ammous' book, The Bitcoin Standard, contains an excellent treatment of these topics in addtion to one of the few enlightened and enlightening accounts of bitcoin that I have come across. It is essential reading for anyone interested in learning the role bitcoin could play in a future regime of free and sound money."--Dr. Joseph T. Salerno, Academic Vice President of the Mises Institute & Editor of the Quarterly Journal of Austrian Economics