The Bitcoin Standard: The Decentralized Alternative to Central Banking

When a new electronic cash system, Bitcoin, was introduced in 2008, it initially garnered little attention. However, over a decade later, Bitcoin presents a significant challenge to conventional central bank currencies by offering a decentralized, peer-to-peer monetary solution. Author Saifedean Ammous embarks on a captivating exploration into the history of money, examining the evolution from primitive bartering systems to the modern digital era with Bitcoin. This narrative not only covers the technological innovations behind money but also the societal impacts of various monetary systems.