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Have you read "The Bitcoin Standard" by Saifedean Ammous?
266 sats \ 7 comments \ @NetWt1oz 21 Aug 2022 bitcoin
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100 sats \ 0 replies \ @oh_89 21 Aug 2022
There’s no going back after reading that book. Free your mind!
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10 sats \ 3 replies \ @k00b 21 Aug 2022
I haven't read it.
Can someone explain the benefit of reading it for someone who is already orange pilled and familiar with Austrian econ?
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100 sats \ 0 replies \ @frostdragon 21 Aug 2022
So I didn’t actually finish it because I felt like it kept saying the same thing over and over in different ways after a while, but I felt like the first part of the book did a really good job making a simple/digestible case for bitcoin, which has made it easier to talk to people (especially no-coiners) about bitcoin.
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100 sats \ 1 reply \ @NetWt1oz OP 21 Aug 2022
It explains the economic, monetary, and historical case for Bitcoin in a very well-written way, so as someone who was already orange-pilled when I read it, it gave me new perspectives, and new language/verbiage to use when talking about bitcoin with others.
Dr. Ammous also uses some pretty "spicy" language. He does not hold back on his opinions, and those were entertaining bits. =)
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101 sats \ 0 replies \ @F 21 Aug 2022
Agreed - some of his opinions in the book are a little overbearing/much, but overall the core ideas are spot on.
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1337 sats \ 0 replies \ @derekross 21 Aug 2022
I've read it to learn about the history of money, soft money, hard money ,etc. I wouldn't say it's a good book because it literally says the same thing over and over again non stop, but it may be worth reading to learn about money. I would never re-read it though.
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0 sats \ 0 replies \ @02174b3c39_lntxbot 7 Sep 2022
No, I read this first:
There are some absolute howlers. This, for example:
There is no better evidence for this than the fact that the rarest metal in the crust of the earth, gold, has been mined for thousands of years and continues to be mined in increasing quantities as technology advances over time, as shown in Chapter 3. If annual production of the rarest metal in the earth's crust goes up every year, then it makes no sense to talk of any natural element as being limited in its quantity in any practical sense.
Gold is not the rarest metal in the crust of the earth. It's rare, yes. But other metals, such as platinum and iridium, are rarer.
https://seekingalpha.com/article/4162616-bitcoin-standard-critical-review
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