The Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous

Exploring the Evolutionary Path of Money and the Promise of Decentralized Finance

Michael Dahlen

Oct 25, 2018

∙ Paid

The Bitcoin Standard: The Decentralized Alternative to Central Banking

Saifedean Ammous

Hoboken: Wiley, 2018

305 pp. $11.99 (Kindle)

For centuries the inhabitants of Yap Island, in the western Pacific Ocean, used an unusual form of money called Rai stones. These were large doughnut-shaped disks made of limestone that weighed as much as four metric tons. Ins…

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