The Bitcoin Standard (Saifedean Ammous) - Book Review

Will this phrase of 'the gold standard' become obsolete due to technology?

'The Bitcoin Standard' by Saifedean Ammous describes the history of money and examines the varying properties of currencies. This sets a backdrop for the explanation of a purely digital money called Bitcoin and why it excels in comparison to barter, shells, gold and even fiat.

I summarised the book as follows. "If you are expecting a BTC book don't be surprised that 2/3 of it focuses on money with little mention of Bitcoin. It cleared up some misconceptions I had and was a nice summary of a lot of research I had already done. Due to his arguments I have come to appreciate that there is only one real cryptocurrency that has the properties of 'money', although I still have more to learn about economics as a whole."

I hope you have a fantastic day wherever you are in the world. Kyrin out!

Timeline:
(0:00) - Intro
(0:31) - Synopsis
(3:15) - Money: What is it actually?
(12:54) - Bitcoin: A new technological innovation!
(21:15) - Observations/Takeaways
(28:00) - Summary


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