The Bitcoin Standard

作成日：2022.1.12（水）、変更日：2022.1.12（水）

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内容紹介

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.

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.

著者について

Saifedean Ammous

Dr. Saifedean Ammous is an economist, educator, and author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, the first study of the economics of bitcoin, and the best-selling book on bitcoin, translated to more than 25 languages. Dr. Ammous teaches economics on his online learning platform, saifedean.com, and also hosts The Bitcoin Standard Podcast. He has two forthcoming books, The Fiat Standard: The Decentralized Alternative to Human Civilization, and a university-level economics textbook, Principles of Economics.