Saifedean Ammous – författare

A comprehensive and authoritative exploration of Bitcoin and its place in monetary historyWhen a pseudonymous programmer introduced "a new electronic cash system that’s fully peer-to-peer, with no trusted third party" to a small online mailing list in 2008, very few people paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications.While Bitcoin is an invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Author Saifedean Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse.With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin's real competitive edge might just be as a store of value and network for the final settlement of large payments a digital form of gold with a built-in settlement infrastructure.Ammous' firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders.The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knockoffs, and the many supposed applications of Bitcoin's 'block chain technology'? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet's decentralized, apolitical, free-market alternative to national central banks.

A comprehensive and authoritative exploration of Bitcoin and its place in monetary history

When a pseudonymous programmer introduced "a new electronic cash system that’s fully peer-to-peer, with no trusted third party" to a small online mailing list in 2008, very few people paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications.

While Bitcoin is an invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Author Saifedean Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse.

With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin''s real competitive edge might just be as a store of value and network for the final settlement of large payments a digital form of gold with a built-in settlement infrastructure.

Ammous'' firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders.

The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knockoffs, and the many supposed applications of Bitcoin''s ''block chain technology''? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet''s decentralized, apolitical, free-market alternative to national central banks.

A comprehensive and authoritative exploration of Bitcoin and its place in monetary history

When a pseudonymous programmer introduced "a new electronic cash system that’s fully peer-to-peer, with no trusted third party" to a small online mailing list in 2008, very few people paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications.

While Bitcoin is an invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Author Saifedean Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse.

With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin''s real competitive edge might just be as a store of value and network for the final settlement of large payments a digital form of gold with a built-in settlement infrastructure.

Ammous'' firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders.

The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knockoffs, and the many supposed applications of Bitcoin''s ''block chain technology''? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet''s decentralized, apolitical, free-market alternative to national central banks.

When a pseudonymous programmer introduced "a new electronic cash system that''s fully peer-to-peer, with no trusted third party" to a small online mailing list in 2008, very few paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally-accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications.While Bitcoin is a new invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt. Exploring what gave these technologies their monetary role, and how most lost it, provides the reader with a good idea of what makes for sound money, and sets the stage for an economic discussion of its consequences for individual and societal future-orientation, capital accumulation, trade, peace, culture, and art. Compellingly, Ammous shows that it is no coincidence that the loftiest achievements of humanity have come in societies enjoying the benefits of sound monetary regimes, nor is it coincidental that monetary collapse has usually accompanied civilizational collapse.With this background in place, the book moves on to explain the operation of Bitcoin in a functional and intuitive way. Bitcoin is a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, thus allowing its users to utilize the Internet to perform the traditional functions of money without having to rely on, or trust, any authorities or infrastructure in the physical world. Bitcoin is thus best understood as the first successfully implemented form of digital cash and digital hard money. With an automated and perfectly predictable monetary policy, and the ability to perform final settlement of large sums across the world in a matter of minutes, Bitcoin''s real competitive edge might just be as a store of value and network for final settlement of large payments—a digital form of gold with a built-in settlement infrastructure.Ammous'' firm grasp of the technological possibilities as well as the historical realities of monetary evolution provides for a fascinating exploration of the ramifications of voluntary free market money. As it challenges the most sacred of government monopolies, Bitcoin shifts the pendulum of sovereignty away from governments in favor of individuals, offering us the tantalizing possibility of a world where money is fully extricated from politics and unrestrained by borders.The final chapter of the book explores some of the most common questions surrounding Bitcoin: Is Bitcoin mining a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin, and can they change it if they please? How can Bitcoin be killed? And what to make of all the thousands of Bitcoin knock-offs, and the many supposed applications of Bitcoin''s ''blockchain technology''? The Bitcoin Standard is the essential resource for a clear understanding of the rise of the Internet''s decentralized, apolitical, free-market alternative to national central banks.

DEN ESSENSIELLE GUIDEN TIL BITCOINS HISTORIE, EGENSKAPER, BRUKSOMRÅDER OG FREMTIDI Bitcoinstandarden gjennomgår økonomen Saifedean Ammous pengeteknologienes fascinerende historie sammen med leseren, og utforsker det som ga disse teknologiene sin monetære rolle, hvordan de mistet den rollen, hva det lærer oss om hvilke egenskaper vi ønsker at penger skal ha, og hvordan bitcoin er konstruert for å forbedre disse teknologiene. Ammous belyser sunne pengers økonomiske, sosiale, kulturelle og politiske fordeler over dårlige penger, og åpner for en informert diskusjon om hvilken rolle bitcoin kan spille i fremtidens digitale økonomi. I stedet for en valuta for kriminelle, eller et billig betalingsnettverk for forbrukere, argumenterer boken for at bitcoin etablerer seg som et desentralisert og politisk nøytralt frimarkedsalternativ til nasjonale sentralbanker, med potensielt enorme implikasjoner for individuell frihet og velstand. Bitcoinstandarden er en uunnværlig ressurs for de som ønsker å forstå denne nye formen for digitale penger.

OHITTAMATON OPPAASI BITCOININ HISTORIAAN, OMINAISUUKSIIN, KÄYTTÖKOHTEISIIN JA TULEVAISUUTEENBitcoin-standardissa taloustieteilijä Saifedean Ammous vie lukijan kiehtovalle aikamatkalle rahateknologioiden historiaan. Kirjassa tutkitaan, miksi tietyistä teknologioista tuli rahaa, miten ne menettivät roolinsa rahana, mitä menneisyys voi opettaa rahan toivotuista ominaisuuksista ja kuinka bitcoin suunniteltiin parannelluksi versioksi rahateknologioista. Ammous valottaa vakaan rahan hyötyjä heikkoon rahaan verrattuna niin talouden, yhteiskunnan, kulttuurin kuin politiikankin kannalta, jotta bitcoinin mahdollisesta roolista tulevaisuuden digitaalisessa taloudessa on mahdollista käydä kattavaa keskustelua. Tässä kirjassa esitetään, että bitcoin ei ole niinkään rikollisten valuutta tai edullinen arjen maksuväline, vaan siitä on kehittymässä hajautettu, poliittisesti neutraali, vapaiden markkinoiden vaihtoehto kansallisille keskuspankeille. Sillä voi olla valtavia vaikutuksia yksilönvapauteen ja vaurauteen. Kaikille, jotka haluavat saada selkeän käsityksen tästä uudesta digitaalisesta rahasta, Bitcoin-standardi on olennaista luettavaa."Bitcoin-standardin tulisi kuulua jokaisen nyky-yhteiskunnassa elävän pakolliseen lukemistoon. Se on ytimekäs ja johdonmukainen kertomus rahateoriasta, rahan historiasta, käytännönläheisestä taloustieteestä sekä poliittisen päätöksenteon vaikutuksista liike-, kulttuuri- ja talouselämään. Kirjassa sekä puolustetaan vahvan rahan hyveitä että varoitetaan heikon valuutan vaaroista, ja parempaa esitystä nykypäivän liiketaloudellisesta kirjallisuudesta saa hakea. Lisäksi Bitcoin-standardi mestarillisesti murtaa moderniin rahateoriaan liittyvät myytit ja kumoaa ne virheelliset käsitykset, jotka ovat hallinneet fiat-talousajattelua aina 1900-luvun alkupuolelta lähtien."–Katkelma Microstrategyn toimitusjohtaja Michael Saylorin kirjoittamista alkusanoista"Olen koko urani ajan tutkinut rahateoriaa, kultakantaa, rahajärjestelmiä, keskuspankkeja sekä raha- ja rahoitusalan uudistamista koskevia ehdotuksia. Vain kourallinen näitä aiheita koskevista kirjoista ansaitsee erinomaisen arvosanan. Ammousin Bitcoin-standardissa käsitellään erinomaisesti kaikkia näitä aiheita, minkä lisäksi se on yksi harvoista lukemistani valistuneista ja valaisevista selostuksista bitcoinista. Kirja on välttämätöntä luettavaa kaikille, joita kiinnostaa tietää, millainen rooli bitcoinilla voisi olla tulevaisuuden vapaan ja vakaan rahan järjestelmässä."–Joseph T. Salerno, Mises Institute