The Bitcoin Standard: The Decentralised Alternative to Central Banking

The Bitcoin Standard: The Decentralized Alternative to Central Banking is a comprehensive work authored by economist Saifedean Ammous. It provides an in-depth analysis of the history, characteristics, and future possibilities of Bitcoin as a decentralized currency alternative to traditional central banks. The book highlights the development of monetary technologies and their impact on society, economy, and politics. Ammous argues that Bitcoin should not only be viewed as a means of payment for illegal activities, but rather as a neutral, market-oriented system that has the potential to promote individual freedom and prosperity. This reading is particularly valuable for anyone seeking a well-rounded understanding of Bitcoin's role in the digital economy of the future. It is considered an essential resource for modern societies grappling with the challenges and opportunities of digital money.

• Comprehensive analysis of the history and technologies of money
• Discussion of the advantages of sound money over unsound money
• Argument for Bitcoin as a decentralized alternative to national central banks
• Concise presentation of the economic and political implications of Bitcoin.