The Bitcoin Standard:The Decentralized Alternative to Central Banking Saifedean Ammous
The Bitcoin Standard:The Decentralized Alternative to Central Banking Saifedean Ammous
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 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 a new invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Ammous takes the listener 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 listener 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 the collapse of a civilization. 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... 1. Language: English. Narrator: James Fouhey. Audio sample: http://samples.audible.de/bk/adbl/033691/bk_adbl_033691_sample.mp3. Digital audiobook in aax.
It is not impossible for you to learn how to invest with bitcoin so that you can earn money. There may come a point in time where bitcoin is the standard currency and if you jump in and start using bitcoin when everyone else does, then you will find that it is harder for you to obtain value tokens, which means that they will not be worth as much money. Bitcoin works off blockchain technology that allows you to invest with bitcoin in multiple ways. You are not going to be stuck having to trade bitcoin. You can buy bitcoin, sell it, or mine it. In other words, bitcoin is versatile and will allow you to earn money however you think is easiest for you. In Bitcoin: Ultimate Intermediate’s Guide to Understand, Learn, and Invest in Bitcoin you will learn: How to mine bitcoin How to buy and sell bitcoin Strategies you will use to invest with bitcoin Mistakes that others have made that you can avoid Bitcoin myths And so much more There is no reason for you to continue to wait and wonder if you will be able to make money with bitcoin. By buying this book today, you will be one step ahead of everyone who has yet to start investing with bitcoin. 1. Language: English. Narrator: Mike Wood. Audio sample: http://samples.audible.de/bk/acx0/116003/bk_acx0_116003_sample.mp3. Digital audiobook in aax.
This digest depicts the rise of Bitcoin as it secures its position as the number one digital currency and as the new ´´digital´´ gold standard for the millennial age. Whilst still a young currency, it has been adopted by millions of users around the globe. Some doubt its sustainability, yet the concept has spread all over the world to people who are calling for a currency free from governmental intervention - a democratic currency. Bitcoin truly threatens to weaken the power governments have by attempting to decentralize local currencies world over. Bitcoin´s story is a story of crowd invention. This digest captures its rise from when the first pioneer of the currency, Satoshi Nakamoto gave birth to it. It has piqued the interest of seasoned investors such as the Winklevoss brothers to the Argentinian billionaire, Wences Casares, who recognize its potential to change the world. Many have profited massively from the currency, however it has been the downfall for many others, especially those who have used it to trade in the black market. The digest finishes with an optimistic account of Blockchain, the infrastructure that underpins Bitcoin, detailing the potential it has to disrupt corrupt governments and organizations for the better. A fascinating audiobook that leaves you excited about the future. 1. Language: English. Narrator: David L. White. Audio sample: http://samples.audible.de/bk/acx0/083278/bk_acx0_083278_sample.mp3. Digital audiobook in aax.
Why is a printed piece of paper worth anything? How can a coin be worth more or even less than the number stamped on it? Why is digital money real money? How can money be worth more or less than it was yesterday? Since the emergence of debit and credit cards, many of us pay little mind to our finances and hardly think of money anymore. But currency, whether by cash or debit, is the driving force of our lives. We use it to feed ourselves and our loved ones, buy or rent a place to live, buy clothing and other necessities, and pay for transportation from one location to the other. We trust the system, even though we don´t fully understand it. With History of Money: Financial History: From Barter to ´´Bitcoin´´ - An Overview of Our Economic History, Monetary System, & Currency Crisis you´ll learn all the basics including: How and why money replaced the barter system in much of the world What commodities served as currency before modern money was invented How banking and money evolved alongside each other Why and how money plays a role in the world´s major conflicts About the rise and fall of the gold standard What money, and debt, actually is and how it´s created and measured About the emergence of cryptocurrencies such as Bitcoin A wealth of trivia and fun facts about money This book is more than a history book. You´ll also learn a few fun facts along the way such as how the Knights Templar helped develop the modern banking system and why the island of Yap used giant donut-shaped stones as currency. Stop taking your money for granted. Learn about its real value with History of Money: Financial History: From Barter to ´´Bitcoin´´ - An Overview of Our Economic History, Monetary System, & Currency Crisis. 1. Language: English. Narrator: Jeffrey A. Hering. Audio sample: http://samples.audible.de/bk/acx0/100224/bk_acx0_100224_sample.mp3. Digital audiobook in aax.
Learn the science of Cryptocurrency in this short yet impactful book. Being a generic trader or investor in today’s world is simply not enough. Are you ready to understand a scientific and practical concept of investing and trading in the latest phenomenon in the investment market known as Cryptocurrencies? This book will help you avoid the pitfalls that many common investor faces. Not so long ago, the Internet was an alien concept. Now it is virtually impossible to imagine life without it. Likewise, cryptocurrency was a foreign term not used until a decade ago. Digital currency has revolutionized the world of commerce as we know it. Cryptocurrencies are radically different from the paper money standard that we make use. They are faster, cheaper, easier to use, and more democratic than any other monetary standard in existence at the present time. Statistics show that if you had invested just $40 in August 2013, you would have been able to cash out at least $19,000 in December 2017. (Don´t take my word for it, check it out yourself.) If you are curious and eager to learn how to invest in this new wave, mind-blowing asset, then this is the book for you. The Science of Cryptocurrencies is your solution to make your investing journey easier and help you become a profitable trader and investor. In The Science of Cryptocurrencies you will learn: The systematic and practical direction of investing in Cryptocurrencies How to efficiently and effectively invest in Ethereum, bitcoin, Litecoin, Auroracoin, and Emercoin A great way to build your portfolio by adding productive assets to your list of investments How to strategically utilize blockchain technology in the blockchain revolution The various advantages and disadvantages of Cryptocurrencies A simple way of mining and investing in crypt... 1. Language: English. Narrator: Bill Andrew Quinn. Audio sample: http://samples.audible.de/bk/acx0/116988/bk_acx0_116988_sample.mp3. Digital audiobook in aax.
Do you want to master the next generation of currency? Cryptocurrency, or the electronically created line of codes of monetary value, or, simply put, digital currency, can be defined as a medium of exchange just like the usual currencies such as USD. However, what makes them different from the conventional currencies is that they are designed to exchange digital information by using the principles of cryptography. This cryptography controls the security of transactions as well as the mining of new coins. A snapshot of what you will learn: Cryptocurrency vs. fiat money How BitCoin achieved gold standard in value How to start becoming a master at Bitcoin Cryptocurrency exchange platforms The Government vs. Bitcoin Bitcoin secrets declassified And much more! Why you should buy this book: The technology that will have the greatest impact on the world economy and its future is block chain technology. Yes, you read it correctly. It is not artificial intelligence, solar energy, or even a self-driving car. The first wave of the digital revolution got us the Internet that was full of information. 1. Language: English. Narrator: Adam Schulmerich. Audio sample: http://samples.audible.de/bk/acx0/091143/bk_acx0_091143_sample.mp3. Digital audiobook in aax.
This new book by New York Times best-selling author George Gilder tackles key questions about how monetarism distorts the economy and leads to misallocation of investment. Gilder covers a variety of topics, including Milton Friedman´s greatest ´´error´´, money supply and velocity, the perils of high-volume trading, Bitcoin and how it mimics gold, and why a gold standard is superior to targeting based on a basket of commodities. 1. Language: English. Narrator: David Cochran Heath. Audio sample: http://samples.audible.de/bk/blak/008748/bk_blak_008748_sample.mp3. Digital audiobook in aax.
You can say goodbye to today´s Internet, New York Times best-selling author George Gilder says. Soon the current model of aggregated free content populated with ´´value-subtracted´´ advertising will die a natural death, due, of course, to the simple fact that absolutely no one wants to see online advertising. What will tomorrow´s Internet look like? In Life After Google, Gilder takes listeners on a brilliant, rocketing journey into the very near-future, into an Internet with a new ´´bitcoin-bitgold´´ transaction layer that will replace spam with seamless micro-payments and provide an all-new standard for global money. 1. Language: English. Narrator: Eric Michael Summerer. Audio sample: http://samples.audible.de/bk/tant/011992/bk_tant_011992_sample.mp3. Digital audiobook in aax.