Sunday, April 19, 2020

Book: BitCoin Standard

The Bitcoin Standard: The Decentralized Alternative to Central BankingThe Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous
My rating: 4 of 5 stars

The Author certainly has a political agenda, which is somewhat contrary to my own liberal views, and he can be a bit condescending, but I think we all need to listen to the ones we don't necessarily agree with to understand where they are coming from. And personally he has made a number of good points, that maybe obvious to someone with an economics background, but weren't to me. Certainly I can't say I agree with all the points being made, and at times he brushes counter arguments aside a bit to easily with arguments such as "... if one would do that they would harm themselves as they have invested in bitcoin ...", which by itself isn't enough. It's not like that stopped counterfeiters from making fake money because it would harm the value of the currency they are duplicating. Overall a good book and highly recommended, and I might have to invest in bitcoin myself

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