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The Bitcoin Standard : The Decentralized Alternative to Central Banking

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Genre: Language: Book Author: Published Year:
2018
Total Pages: 305

Book Description:

Dr. Saifedean Ammous is an Assistant Professor who teaches economics at the Adnan Kassar School of Business at Lebanese American University. He belongs to Palestine, city Ramallah. When he was a teenager, he moved to Lebanon with his family and studied there. Download now his famous publication The Bitcoin Standard : The Decentralized Alternative to Central Banking.

Ammous finished his graduation with BE in mechanical engineering from the American University of Beirut in 2003. After that, he went to the London School of Economics to earn a degree in development management in 2004. He got his MA, MPhil, and Ph.D. doctorates in the sustainable department from Columbia University. 

The digital era has never seen such a novel, decentralized, powerful, and robotic kind of money. Bitcoin's decentralized architecture and its independent nature make it accessible, decentralized, and fully independent. Experts think that this latest entry of currency may challenge the monetary system of the world.

According to economist Saifedean Ammous, the history of the money goes back to seashells, limestones, cattle, salt, beads, metals, and government debt. However, an economic engine, he explained, is what gives these technologies their monetary significance. What makes sound money, and why an economic engine is necessary to boost economic growth, innovation, culture, trading, individual freedom, and a feeling of stable world peace.

More:

Through monetary and historical analyses, we explain the basics of Bitcoin, such as the mechanics behind its operation, the reasons why Bitcoin has succeeded, and how Bitcoin could be integrated into the information economy.

Bitcoin should not be used as a currency and network for consumer purchases, in the author’s opinion. So, it should be used mostly as a means of storing value and to settle large financial transactions.

He is well known as an expert on Cryptocurrency. Besides this, he wrote a book, The Bitcoin Standard: The Decentralized Alternative to Central Banking. This book is considered a must-read guide for those who have an interest in Blockchain and Bitcoin digital currency. So, you will learn about the rise of Bitcoin and where it was started, how it is playing a vital role in the growth of the economy by reading this book. 

With a completely automated, transparent, low-cost, worldwide monetary policy in place and the ability to conduct final settlement of large amounts of money within minutes, the world will end up in a better place. Moreover, The primary significance of Bitcoin may be in providing a decentralized, neutral, free-market alternative to national central banks.

If you want to acquire more knowledge about digital currency Bitcoin, you should The Bitcoin Standard: The Decentralized Alternative to Central Banking book. So, you can download it from the link we have provided here. If you are interested in reading the entire book online, Go Ahead!

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