The Bitcoin Standard: The Decentralized Alternative to Central Banking - Saifedean Ammous
Language: EnglishKeywords: 
Business
 Crypto
 Economics
 Investment
 Money
Shared by:notonthat
Written by
Read by James Fouhey
Format: MP3
Bitrate: 64 Kbps
Unabridged
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*********** If you enjoy, please support the author by purchasing the book ***********
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Title: The Bitcoin Standard: The Decentralized Alternative to Central Banking
Author: Saifedean Ammous
Category: Audiobook
Narrated By: James Fouhey
Duration: 11:16:54
Type: MP3
Size: 309.9 MB
Bitrate: 64 Kb/s
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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, 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 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.
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*********** If you enjoy, please support the author by purchasing the book ***********
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| Creation Date: | Sat, 01 Jun 2019 18:57:54 +0100 |
| This is a Multifile Torrent | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking -ONTHAT - Audiobook - i.nfo 8.53 KBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 1.mp3 2.37 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 10.mp3 23.15 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 11.mp3 2.14 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 12.mp3 27.68 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 13.mp3 35.94 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 14.mp3 32.19 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 2.mp3 4.39 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 3.mp3 11.66 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 4.mp3 6.48 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 5.mp3 27.16 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 6.mp3 33.94 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 7.mp3 34.68 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 8.mp3 32.48 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking Chapter 9.mp3 36.02 MBs | |
| The Bitcoin Standard - The Decentralized Alternative to Central Banking The Bitcoin Standard_ Notes - Saifedean Ammous.pdf 1.39 MBs | |
| Combined File Size: | 311.66 MBs |
| Piece Size: | 512 KBs |
| Comment: | Updated by AudioBook Bay |
| Encoding: | UTF-8 |
| Info Hash: | c30a100ecfbcc4d1760a6c2ffbd1fc25dedaf568 |
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This post has 10 comments with rating of 5/5
June 1st, 2019
LMAO - the biggest con-job of the current century.
Bitcoin is just another scheme for making a quick buck … or losing it.
While I applaud the desire to remove or change the way we bank and do currency transactions the reality is the real advantage of bitcoin is the ability to move vast sums of illegally earned gains around to bypass checks & balances. It is also a prime driver as to why the internet is such a dangerous place and why con artists are raking in a lot of coinage with ransomeware.
June 1st, 2019
@Roddd: I agree. Have followed this scam for a few years - all talk, no substance. Just a bunch of whiners who lost money!
June 2nd, 2019
Didn’t go too well for these geeks off the street recently if I remember correctly. Who could POSSIBLY have seen THAT coming?
June 23rd, 2019
What an eye-opener! This should be a standard textbook for all economics students.
July 6th, 2019
Brilliant thanks!
July 1st, 2020
can someone seed please….
September 28th, 2020
Oh Rodd, bashing the best performing asset of the decade because you didn’t get in in time…classic! I’m assuming you didn’t listen to the book? The US dollar is the biggest ponzi in the world, but I’m sure you’ll figure that one out eventually (probably too late though). Good luck.
November 21st, 2020
@Roddd, @Buzzlitejear
“Bitcoin is just another scheme for making a quick buck … or losing it.”
Paypal, Square, and other creditable financial institutions do not invest in Schemes.
Bitcoin is going to the moon. You fools better get a couple of blocks while you can!
February 9th, 2021
@Roddd, @Buzzlitejear Meanwhile Bitcoin is mooning reaching all new time highs and Tesla just added 1.5 billion dollars worth to their reserves. Ouch, your ignorance is costing you!
April 28th, 2025
Yeah, total scam.. ugh only up 740% in the last several years. Can’t believe I’ve been scammed into making so much.
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