The Fiat Standard PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Fiat Standard PDF full book. Access full book title The Fiat Standard by Saifedean Ammous. Download full books in PDF and EPUB format.
Author: Saifedean Ammous
Publisher:
ISBN: 9781544526478
Category : Bitcoin
Languages : en
Pages : 0
Get Book
Book Description
The Fiat Standard is an insightful study of the history, function, and impacts of the fiat monetary system on human society, economics, and politics over the past century. What are the possibilities for the rise of bitcoin in this system?
Author: Saifedean Ammous
Publisher:
ISBN: 9781544526478
Category : Bitcoin
Languages : en
Pages : 0
Get Book
Book Description
The Fiat Standard is an insightful study of the history, function, and impacts of the fiat monetary system on human society, economics, and politics over the past century. What are the possibilities for the rise of bitcoin in this system?
Author: Saifedean Ammous
Publisher: John Wiley & Sons
ISBN: 1119473918
Category : Business & Economics
Languages : en
Pages : 304
Get Book
Book Description
A comprehensive and authoritative exploration of Bitcoin and its place in monetary history When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small online mailing list in 2008, very few people paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. While Bitcoin is an invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Author Saifedean Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse. With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin’s real competitive edge might just be as a store of value and network for the final settlement of large payments―a digital form of gold with a built-in settlement infrastructure. Ammous’ firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders. The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knockoffs, and the many supposed applications of Bitcoin’s ‘block chain technology’? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet’s decentralized, apolitical, free-market alternative to national central banks.
Author: Andrew Dickson White
Publisher: Ludwig von Mises Institute
ISBN: 1610164490
Category : Assignats
Languages : en
Pages : 82
Get Book
Book Description
Author: Nik Bhatia
Publisher:
ISBN: 9781736110515
Category :
Languages : en
Pages : 180
Get Book
Book Description
In this fascinating deep dive into the evolution of monetary systems around the globe, Nik Bhatia takes us into the origins of how money has evolved to function in a "layered" manner. Using gold as an example of this term, he traces the layers of this ancient currency from raw mined material, to gold coins, and finally to bank-issued gold certificates. In a groundbreaking manner, Bhatia offers a similar paradigm for the evolution of digital currencies. Bhatia's analysis begins in Renaissance Florence with the gold Florin coin and a burgeoning banking culture, continues with the evolution of central banking, and concludes with a vision for the future of our international monetary system. As central banks around the world prepare to launch their own crypto-competitors, Bhatia illustrates how the invention of Bitcoin created a seismic shift in money and merged the monetary and cryptography sciences. His unique analysis of "layered money" illuminates money markets for the general reader and shows how Bitcoin is becoming a trusted global currency. Readers will come away with an understanding of the mechanics of our financial system, why the dollar is deeply entrenched despite its state of disrepair, and how Central Bank Digital Currencies (CBDCs) and cryptocurrencies will interact in our new monetary future.
Author: Lewis E. Lehrman
Publisher: The Lehrman Institute
ISBN: 0984017801
Category : Currency question
Languages : en
Pages : 150
Get Book
Book Description
Of the monetary reform plan -- Introduction -- The purpose of The True Gold Standard -- The properties of gold -- Restoration of the gold dollar -- How we get from here to there -- Conclusion. Appendix I: Excerpts from the United States Constitution -- Appendix II: Coinage Act of 1792 -- Appendix III: American monetary history in brief, price stability -- Selected bibliography -- Index.
Author: Vijay Boyapati
Publisher:
ISBN: 9781737204107
Category :
Languages : en
Pages :
Get Book
Book Description
The Bullish Case for Bitcoin is an informative and engaging read for the newcomer and long-time Bitcoin enthusiast alike. Boyapati makes a compelling case for Bitcoin via a fast-paced tour of the historical setting of money, the properties of different types of money, and why Bitcoin is the world's best form of money and store of value, potentially set to displace other forms.
Author: Sebastian Walden
Publisher:
ISBN:
Category :
Languages : en
Pages : 90
Get Book
Book Description
Over the past decade, many crypto enthusiasts have made the case for Bitcoin replacing the U.S. dollar, but in recent years that narrative has shifted. Slow transactions with high fees, high volatility, and hoarding have kept Bitcoin from becoming a usable currency, and instead, it is now seen as an investment asset, the new gold. Dogecoin is a fun, friendly, and open-sourced cryptocurrency, created in 2013 as a parody of Bitcoin. Since fate loves irony, Dogecoin might now have the best chance at becoming what Bitcoin was set to be. Dogecoin has the characteristics of any good currency. It supports very fast transactions at very low fees, has a decreasing inflation rate, is completely decentralized, and has a great community behind it. In this book, the case is made for the inevitable global adoption of the Dogecoin Standard. This would free the economy from many of the consequences of monetary manipulation by governments and set the ground for a happier, friendlier, and more democratic future.
Author: Jörg Guido Hülsmann
Publisher: Ludwig von Mises Institute
ISBN: 1610164520
Category :
Languages : en
Pages : 294
Get Book
Book Description
Author: Craig K. Elwell
Publisher: DIANE Publishing
ISBN: 143798889X
Category : Business & Economics
Languages : en
Pages : 18
Get Book
Book Description
The U.S. monetary system is based on paper money backed by the full faith and credit of the fed. gov't. The currency is neither valued in, backed by, nor officially convertible into gold or silver. Through much of its history, however, the U.S. was on a metallic standard of one sort or another. On occasion, there are calls to return to such a system. Such calls are usually accompanied by claims that gold or silver backing has provided considerable economic benefits in the past. This report reviews the history of the GS in the U.S. It clarifies the dates during which the GS was used, the type of GS in operation at the various times, and the statutory changes used to alter the GS and eventually end it. It is not a discussion of the merits of the GS. A print on demand oub.
Author: Murray Newton Rothbard
Publisher: Ludwig von Mises Institute
ISBN: 1610163060
Category : Currency question
Languages : en
Pages : 130
Get Book
Book Description
