“The Bitcoin Standard” by Saifedean Ammous is a compelling exploration of the economic and historical principles underpinning Bitcoin, the world’s first decentralized digital currency.

Ammous takes readers on a journey through the history of money, from ancient to modern times, arguing that Bitcoin represents the most sound form of money ever created.

This book is not just about Bitcoin; it is a broader examination of what makes money valuable and how societies have evolved in their use of different monetary systems.

The Concept of Sound Money

At the heart of Ammous’s argument is the concept of sound money. Sound money refers to a monetary system that is…

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