Beschreibung The Bitcoin Standard: The Decentralized Alternative to Central Banking (English Edition). 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 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 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 knock-offs, and the many supposed applications of Bitcoin’s ‘blockchain 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.
The Bitcoin Standard: The Decentralized Alternative to ~ The Bitcoin Standard: The Decentralized Alternative to Central Banking (English Edition) eBook: Ammous, Saifedean: : Kindle-Shop
The Bitcoin Standard: The Decentralized Alternative to ~ The Bitcoin Standard: The Decentralized Alternative to Central Banking / Ammous, Saifedean / ISBN: 9781119473862 / Kostenloser Versand für alle Bücher mit Versand und Verkauf duch .
The Bitcoin Standard: The Decentralized Alternative to ~ Covers gold, history of money, economics, central banking, all before Saifedean dives into Bitcoin and why it’s unique and has no equal. This will be my standard recommendation to anybody interested in Bitcoin or the crypto space in general.
The Bitcoin Standard: The Decentralized Alternative to ~ 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. About the Author SAIFEDEAN AMMOUS, P H D, is a Professor of Economics at the Lebanese American University, and member of the Center on Capitalism and Society at Columbia University.
The Bitcoin Standard: The Decentralized Alternative to ~ The Bitcoin Standard: The Decentralized Alternative to Central Banking (Audio Download): : Saifedean Ammous, James Fouhey, Audible Studios: Audible Audiobooks
The Bitcoin Standard: The Decentralized Alternative to ~ The Bitcoin Standard: The Decentralized Alternative to Central Banking - Kindle edition by Ammous, Saifedean. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading The Bitcoin Standard: The Decentralized Alternative to Central Banking.
The Bitcoin Standard: The Decentralized Alternative to ~ 'The Bitcoin Standard' is an enjoyable, well-written account of the economic theory and history behind Bitcoin, particularly behind the idea of Bitcoin as 'digital gold'. Most of the book is devoted to a fairly detailed account of the history of money, as seen from Ammous's distinctively Austrian School point of view. Whether or not one agrees with this point of view, the historical account is .
Home / Saifedean Ammous ~ Saifedean Ammous is an economist and author focusing on bitcoin, who authored the first academic book on the economics of bitcoin, The Bitcoin Standard: The Decentralized Alternative to Central Banking, published by Wiley in 2018. This website is intended to showcase Dr. Ammous’ research in studying the economics of bitcoin, and nothing in it should be construed as investment advice. Bitcoin is a highly volatile and risky asset whose future is uncertain, and whose ownership requires an .
Bitcoin - MicroStrategy ~ Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy. - Michael Saylor . Skip to Content. Hyper Intelligence Business Intelligence Demos Education Support Careers About Us Bitcoin English View Languages. Français Deutsch Español Italiano 日本語 한국어 .
Introduction to bitcoin - SlideShare ~ Bitcoin Is: Decentralized, Distributed,Voluntary• No central issuing or verification authority, no “Bitcoin Corp.” • Bitcoin Foundation (bitcoinfoundation) • Growing numbers of of entrepreneurs accepting or basing new business concepts on Bitcoin• Relative to other bearer instruments • Easier to transport anywhere in the world • Easier to secure• Relative to other .
Bitcoin and Cryptocurrency Technologies: A Comprehensive ~ Bitcoin and Cryptocurrency Technologies provides a comprehensive introduction to the revolutionary yet often misunderstood new technologies of digital currency. Whether you are a student, software developer, tech entrepreneur, or researcher in computer science, this authoritative and self-contained book tells you everything you need to know about the new global money for the Internet age.
List of bitcoin forks - Wikipedia ~ Bitcoin forks are defined variantly as changes in the protocol of the bitcoin network or as the situations that occur "when two or more blocks have the same block height". A fork influences the validity of the rules.Forks are typically conducted in order to add new features to a blockchain, to reverse the effects of hacking or catastrophic bugs.
Bitcoin Wiki ~ Bitcoin is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: transaction management and money issuance are carried out collectively by the network. The original Bitcoin software by Satoshi Nakamoto was released under the MIT license. . Most client software, derived or "from .
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The Book Of Satoshi: The Collected Writings of Bitcoin ~ The Bitcoin Standard: The Decentralized Alternative to Central Banking Saifedean Ammous. 4.8 . Publisher: The Book Of Satoshi; 1 edition (June 5 2014) Language: English; ISBN-10: 0996061312; ISBN-13: 978-0996061315; Product Dimensions: 15.2 x 2.3 x 22.9 cm Shipping Weight: 621 g; Customer Reviews: 4.3 out of 5 stars 53 customer ratings; Bestsellers Rank: #235,494 in Books (See Top 100 .
Bitcoin Wallet - Secure your Bitcoin (BTC) assets / Ledger ~ Bitcoin [BTC] was the first decentralized cryptocurrency, introduced by an unknown person or group of people called « Satoshi Nakamoto » in the famous « Bitcoin: A peer-to-peer Electronic Cash system » whitepaper. Bitcoin was the first currency that only exists electronically and was released as an open-source software, meaning that anyone can examine the code and participate in the .