Saifedean Ammous
Goodreads Author
Born
Palestinian Territory, Occupied
Website
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Member Since
June 2018
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"The best book I’ve read so far on the economic and societal implications of a global fiat standard, based on the US Dollar as global reserve currency. The book entails an accurate description of fiat dynamics viewed from the lense of Austrian economi"
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“This is a historical lesson of immense significance, and should be kept in mind by anyone who thinks his refusal of Bitcoin means he doesn't have to deal with it. History shows it is not possible to insulate yourself from the consequences of others holding money that is harder than yours.”
― The Bitcoin Standard: The Decentralized Alternative to Central Banking
― The Bitcoin Standard: The Decentralized Alternative to Central Banking
“its mere existence is an insurance policy that will remind governments that the last object the establishment could control, namely, the currency, is no longer their monopoly. This gives us, the crowd, an insurance policy against an Orwellian future.”
― The Bitcoin Standard: The Decentralized Alternative to Central Banking
― The Bitcoin Standard: The Decentralized Alternative to Central Banking
“money that is easy to produce is no money at all, and easy money does not make a society richer; on the contrary, it makes it poorer by placing all its hard‐earned wealth for sale in exchange for something easy to produce.”
― The Bitcoin Standard: The Decentralized Alternative to Central Banking
― The Bitcoin Standard: The Decentralized Alternative to Central Banking