The Bitcoin Standard The Decentralized Alternative to Central Banking

It was a book that tried to explain the economics of Bitcoin, why Bitcoin functions, why it functions the way it does and what are the implications that you would expect from the continued growth of Bitcoin in the future.

I think the key insight that I well there are several key insights but one of the most important ones in the book is that Bitcoin is the hardest money that has ever been invented because we've essentially thrown away the algorithm for making Bitcoin work has been set at producing a certain number of Bitcoin over time that's going to end at 21 million and there's no way of making more Bitcoins.

I think after 12 years of Bitcoin operating we can pretty confidently say there's not going to be more than 21 million Bitcoin.

So that makes Bitcoin truly unique as a monetary asset because it is the hardest monetary asset that we've ever found.

I think the main the main split is between the Austrians and everybody else as far as I'm concerned when it comes to the main most important questions because the Austrians come at the question from a different starting point which is that value is subjective economic value is subjective and that then leads to a whole different intellectual path with different methodologies and different conclusions from what you get from essentially everybody within the mainstream.

I went and I saw the work of Andreas Antonopoulos and I saw the podcast of the early crypto developers. And I started looking for the books and I read the Bitcoin standard and I, I got quote unquote dragged down the rabbit hole.

And there's a very good book that, you know, sold over a million copies that I mentioned a few times in my book, which is the Bitcoin Standard. That's always number one on the Amazon list. I have a hard time getting above number three because they're number one.