The Bitcoin Standard - Saifedean Ammous
Intro & Basic Information
The author describes the history of money: where it comes from, why it is used, and what “sound” money is. He then explains what Bitcoin is and why it may hold potential as an alternative currency in the future.
Author: Saifedean Ammous
Year of publication: 2018
Pages: 385
Genre: Financial
Strengths
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Educational explanation of the basics of hard money, including a valuable piece of financial history.
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Clear comparison of Bitcoin with gold and traditional currencies.
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Includes graphs and many references.
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Extra chapter addressing frequently asked questions.
Weaknesses
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Complex and technical writing; some parts require rereading.
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Quite detailed and somewhat repetitive, which can make it feel heavy.
Conclusion
Not everyone needs to know everything about Bitcoin, but it is valuable to understand what sound money is and how it compares to fiat currencies. This book provides strong answers to those questions and then guides the reader into the world of Bitcoin. Recommended for anyone wanting to dive into the fundamentals of money and the role of Bitcoin within it.
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