The Bitcoin Standard

Description

Saifedean Ammous’s Bitcoin Standard is a clear manual for learning about Bitcoin, its background, and its changing effects on the world financial system. This book examines the economic theories behind reliable currency and how Bitcoin connects into this age-old idea; it is by no means only a technical guide.
Beginning with a historical perspective on money, Ammous follows its development from prehistoric forms like shells and beads to valuable metals and finally government-issued fiat currencies. He highlights how cultures have repeatedly favored difficult, limited types of money over readily produced substitutes. This prepares his presentation of Bitcoin as “digital gold”—a distributed, rare, safe kind of money fit for the digital era.
The book covers the technical details of Bitcoin, but in a way that readers with little to no background with blockchain technology will find reasonable. In a society plagued by inflation and government control over money, Ammous expertly argues how Bitcoin’s limited quantity, distributed network, and cryptographic security make it an improved form of money.
Beyond mere theory, The Bitcoin Standard explores the political, social, and cultural ramifications of a future propelled by Bitcoin. Ammous believes that Bitcoin is a weapon for financial sovereignty, shielding people from economic exploitation and devaluation of their money, not just an investment.
No matter your level of expertise as an investor, this book will provide you with a thorough and lucid explanation of why Bitcoin is important.
Now available in Pakistan, get The Bitcoin Standard by Saifedean Ammous via Alpha Readers Club and investigate the evolution of money.