The Bitcoin Standard: The Decentralized Alternative to Central Banking

by Saifedean Ammous

Because the Achilles heel of twentieth century money was its centralization in the hands of the government,

We have yet to see how this can backfire in the future

While microeconomics has focused on transactions between individuals, and macroeconomics on the role of government in the economy, the reality is that the most important economic decisions to any individual's well-being are the ones they conduct in their trade-offs with their future self.

The main factor determining a man's choices in life is his time preference.

The only true finite resource