the fiduciary standard
in the fiat standard, world-renowned economist saifedean ammous applies his unique analytical lens to the fiat monetary system, explaining it as a feat of engineering and technology just as he did with bitcoin in his global bestseller the bitcoin standard. This time, Ammous delves into the world’s earlier shift from the gold standard to the current government-backed fiat money system, outlining the purposes and failings of the fiat standard; derive the broader economic, political and social implications of its use; and examining how bitcoin will affect it over time.
Reading: The bitcoin standard
- 1 out of 5 stars
mixes his far-right views with bitcoin