Layered Money, from Gold and Dollars to Bitcoin and Central Bank Digital Currencies

In this book, Nik Bhatia explores the evolution of monetary systems globally, using the concept of 'layered money' to explain how money has functioned historically.

Starting with the gold Florin coin in Renaissance Florence, Bhatia traces the development of central banking and the emergence of digital currencies like Bitcoin.

He discusses how Bitcoin has created a seismic shift in the monetary system and how Central Bank Digital Currencies (CBDCs) will interact with cryptocurrencies in the future.

The book provides an educational introduction to monetary systems, institutions, and the history of money, making it accessible to non-economic experts.