Uncovering the World of Money: Exploring Gold, Dollars, Bitcoin, and Central Bank Digital Currencies

Dr. Hayek: Der Autor beschreibt wirklich sehr gut den Aufbau von Geldsystemen und schafft es aufzuzeigen wie auch Bitcoin in so einem Aufbau in unserer Gesellschaft einen Platz finden kann.

Germany on Jun 21, 2023

Amazon_reviewer: I am glad I got this book. It was a very read. I got the book after doing lots of research on the topic, by looking at different websites and books. If you enjoyed this book, I would also recommend these other authors and their books Andreas Antonopoulos, Mastering Bitcoin Unlocking Digital Cryptocurrencies, BBCD Satoshi, Buy Bitcoin You’ll Thank Yourself In The Future and Saifedean Ammous, The Bitcoin Standard. I recommend you get this book if you are interested in the topics.

United Kingdom on Mar 28, 2023

Priyankar Roy: This book teaches the history of money and how Bitcoin establishes itself in the space and can lead the monetary freedom and shape economies . Very simple and good book to read

India on Jul 16, 2022

Amazon Customer: Beautiful & ingenious approach to explain money and it’s mechanism. Recommend.

India on Jul 10, 2022

Ed Cleaves: This book built up a clear and concise, theoretical model of how the world’s monetary systems have evolved over time. This book is similar to “The Bitcoin Standard”, without over playing the politics of libertarianism. Instead, the book emphasised the fragile nature of our traditional monetary system, with its heavy reliance on creating money by issuing credit and liabilities. The tone of the explanation was objective and demonstrated the enormous complexity and counter-party risks that were inherent in the global monetary system, by the financial crisis of 2007 and 2008. The book was able to transition, smoothly and convincingly, to the logical benefits of using neutral monetary denominations, like Bitcoin, as a reserve currency - a first layer of a hierarchy of monetary layers.

United States on Nov 30, 2021

Jim R: By the time I bought this book I was deeply into bitcoin. I somehow intuitively knew it was the answer to a looming monetary crisis. What Nik did in this book was explain in an easy to read story why my intuition was right. Understanding the layers of money makes it far easier to understand that Bitcoin is and will remain first layer money making it a great choice for a store of value.

United States on Nov 25, 2021

Seb D: Après avoir lu la plupart des livres importants sur le Bitcoin, je crains toujours de relire encore une fois la même chose. Mais ce livre est une excellente addition, qui décompose de manière simple (le livre est concis) et précise (le sujet est vraiment maitrisé) le système monétaire international, et comment le bitcoin est en train d'y imposer un changement radical pour le meilleur.

Pour ceux qui cherchent à s'orienter parmi tous les livres sur le Bitcoin, je vous recommande de suivre cet ordre :
1) Inventing Bitcoin : Comprendre comment fonctionne la technologie Bitcoin, indispensable et très concis
2) L'étalon Bitcoin : Comprendre le rôle économique du Bitcoin, le changement fondamental qu'il apporte à la société, long à lire et assez exigeant intellectuellement mais indispensable
3) Layered Money : Comment le bitcoin peut/va disrupter le système monétaire international et lui imposer une véritable neutralité en le retirant des mains des Etats
4) Digital Gold : L'histoire fascinante de la création du Bitcoin (2009-2017), moins indispensable mais passionnant, et aide vraiment à comprendre le contexte autour du Bitcoin
5) L'internet...

France on Nov 20, 2021

Tarheel 2006: This could be the best book to help you understand both bitcoin and financial market structures.
Focus on the concept of "layer" in the book, which will help you to understand how central banks and commercial banks to create "money", and how 1st layered money (i.e. gold) was deteriorated to government bonds (UK/US treasury), and MBS (in 2008), recently munis, AAA corporates, and even junk bonds. Then you will understand why the financial market will never go back to UST only. Thus, why Bitcoin is the new gold and how Bitcoin can be a part of the solution to the financial market reform.

United States on Oct 12, 2021

CaliDad: This book went beyond my expectations. I am in the financial services business and I learned so much about money. We all use money every day and we really don't know much about the origin or how it works. When you peel it open, the currency system is awfully dicey (I'm putting it mildly). It's corrupt. And if you were to start an entirely new monetary system again, this wouldn't be the way you'd do it.
Any way, great read. I read it 2x.

United States on Sep 13, 2021

Qasim Javed: This book provides an excellent account of the history of money and associated markets and how we got to the current financial landscape that involves central banks. It uses a layered pyramid to situate different forms of money and how they relate to each other. It then describes why Bitcoin is a breakthrough that is changing the entire monetary landscape.

Despite the fact that I had a good understanding of many concepts in this book already, I benefitted greatly from it due to two main reasons. First, the account of monetary history and how it evolved. Second, the use of layered pyramid functions as a single thread that binds all the things together.

I highly recommend reading this book.

United States on Jan 24, 2021