The Bitcoin Standard in German

The Bitcoin Standard

The Bitcoin Standard in German by Dr. Saifedean Ammou

The book “The Bitcoin Standard” by economist Saifedean Ammous is finally available in German. The book is a non-technical book and is the DAS Bitcoin book par excellence.

In the course of a crowdfunding campaign,...
Show more...The Bitcoin Standard

The Bitcoin Standard in German by Dr. Saifedean Ammou

The book “The Bitcoin Standard” by economist Saifedean Ammous is finally available in German. The book is a non-technical book and is the DAS Bitcoin book par excellence.

In the course of a crowdfunding campaign, donations were collected to make this work accessible to the German-speaking public.

The book developed into a standard work and describes the decentralised alternative to the central bank system. The author Dr. Saifedean Ammou is professor of economics at the Kassar School of Buiness in Beirut. Accordingly, the book focuses on the significance of Bitcoin in an economic context.
In his book, Dr. Ammous describes the development of money and the different forms of money through history and outlines implications of different means of exchange.

He explores what gave these different technologies their monetary status and how they lost it again, what this teaches us about the desirable qualities of money and how Bitcoin tries to fulfil them.

Ammous takes the reader on an exciting journey through the history of money and the different forms and ways in which the functions of money are fulfilled. Be it the primitive systems such as the trade in limestones and shells, metals, coins, the gold standard or modern government debt.

How could these different forms of money acquire a financial role? Why have these types of money disappeared again? Through this journey into the different forms of money, the reader gets a good idea of what constitutes solid money. With the fundamentals about money, a wide range of economic discussions can be held about the consequences of existing monetary policy.

Ammous shows the advantages of a society with a solid monetary system. It is shown that in history the collapse of money has usually been accompanied by the collapse of civilisation.

Against this background, this book explains how Bitcoin works in a functional and intuitive way. Bitcoin is digital cash, which has the traditional functions of money, but without governmental institutions.

A precise understanding of the technological possibilities, as well as the historical realities of monetary development, enables a fascinating study of the effects of voluntary free market money. Bitcoin challenges the most sacred government monopoly, shifting the sovereignty of money from governments to the benefit of individuals.

This offers the possibility of money that works independently of politics.

The final chapter of the book deals with some of the most common questions about Bitcoin: Is the mining of Bitcoin a waste of energy? Is Bitcoin for criminals? Who controls Bitcoin and can change it at will? How can Bitcoin be destroyed? And what about all the thousands of Bitcoin imitations and the many supposed applications of Bitcoin blockchain technology?

The Bitcoin standard provides an excellent scientific background on the importance of money in our society. It provides an excellent basis for a discussion on the possibilities of money that is independent of state and government.

The Bitcoin Standard in German can be ordered at [Aprycot Media] or in bookshops.