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The Bitcoin Standard: The Decentralized Alternative to Central Banking Hardcover – Illustrated, 8 June 2018

4.7 out of 5 stars 1,671 ratings

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From the Inside Flap

THE ESSENTIAL GUIDE TO BITCOIN'S HISTORY, PROPERTIES, USES, AND FUTURE

"Bitcoin has no owner, no authority that can decide on its fate. It is owned by the crowd, its users. And it now has a track record of several years, enough for it to be an animal in its own right. Its mere existence is an insurance policy that will remind governments that the last object the establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future."
--From the Foreword by Nassim Nicholas Taleb

In The Bitcoin Standard, economist Saifedean Ammous walks readers through the fascinating history of the technologies of money and explores what gave these technologies their monetary role, how they lost it, what that teaches us about the desirable features of money, and how Bitcoin is designed to improve on these technologies. Ammous elucidates the economic, social, cultural, and political benefits of sound money over unsound money to allow for an informed discussion of the potential role Bitcoin could play in the digital economy of the future. Rather than as a currency for criminals or a cheap mass consumer payment network, this book argues Bitcoin is emerging as a decentralized, politically neutral, free-market alternative to national central banks, with potentially enormous implications for individual freedom and prosperity. For anyone looking for a clear understanding of this new digital money, The Bitcoin Standard is the essential resource.

From the Back Cover

THE ESSENTIAL GUIDE TO BITCOIN'S HISTORY, PROPERTIES, USES, AND FUTURE

"Bitcoin has no owner, no authority that can decide on its fate. It is owned by the crowd, its users. And it now has a track record of several years, enough for it to be an animal in its own right. Its mere existence is an insurance policy that will remind governments that the last object the establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future."
--From the Foreword by Nassim Nicholas Taleb

In The Bitcoin Standard, economist Saifedean Ammous walks readers through the fascinating history of the technologies of money and explores what gave these technologies their monetary role, how they lost it, what that teaches us about the desirable features of money, and how Bitcoin is designed to improve on these technologies. Ammous elucidates the economic, social, cultural, and political benefits of sound money over unsound money to allow for an informed discussion of the potential role Bitcoin could play in the digital economy of the future. Rather than as a currency for criminals or a cheap mass consumer payment network, this book argues Bitcoin is emerging as a decentralized, politically neutral, free-market alternative to national central banks, with potentially enormous implications for individual freedom and prosperity. For anyone looking for a clear understanding of this new digital money, The Bitcoin Standard is the essential resource.

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Product details

  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 304 pages
  • ISBN-10 ‏ : ‎ 1119473861
  • ISBN-13 ‏ : ‎ 978-1119473862
  • Customer reviews:
    4.7 out of 5 stars 1,671 ratings

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Most helpful customer reviews on Amazon.com

Amazon.com: 4.5 out of 5 stars 394 reviews
Jimmy Song
5.0 out of 5 stars Best Book on Bitcoin Hands Down
23 April 2018 - Published on Amazon.com
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5.0 out of 5 stars Best Book on Bitcoin Hands Down
Reviewed in the United States on 23 April 2018
I say this as someone that has been in Bitcoin for a long time and has written a lot on the subject for the past few years. This is the best treatment of Bitcoin and money out there.

Who should read the book:

People that are interested in the history of money.
People that are wondering what makes Bitcoin different.
People that are curious about what makes money work.

This is a wonderful book written by a world-class economist. Saifedean Ammous really knows his monetary history and has clear and logical explanations of not only how money works, but why some money works better than others. He makes a compelling argument for why Bitcoin is superior to other forms of money tried in the past. As a bonus, he goes into why so much of "blockchain technology" is mostly hype.

I've bought 20 copies already to hand out to friends.
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253 people found this helpful
Chris B Campbell
1.0 out of 5 stars Offers very little about Bitcoin...
16 August 2019 - Published on Amazon.com
Verified Purchase
152 people found this helpful
Jex Dunkirk
5.0 out of 5 stars “The Bitcoin Standard” or “The Bitcoin Bible”?
8 April 2018 - Published on Amazon.com
Verified Purchase
100 people found this helpful
Scott L. Johnson
4.0 out of 5 stars Poorly edited but still worthwhile
7 May 2018 - Published on Amazon.com
Verified Purchase
54 people found this helpful