The Fiat Standard

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Chapter 16: Bitcoin cost benefit analysis
The first section of this chapter explains the nature of the trade-off between fiat and bitcoin. Fiat only scales by having an authority able to decree…
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Saifedean
Chapter 15: Bitcoin and energy markets
Bitcoin Mining: Anti-fiat technology As discussed in the first section of this book, the fiat standard solves the problem of spatial salability of…
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Saifedean
Chapter 14: Bitcoin Banking
Savings technology Chapter 5 surveyed the historical evolution of the technologies used to fulfill the function of savings. Up until the nineteenth…
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Saifedean
Chapter 13: Bitcoin Scaling
This chapter examines the magnitude of the scaling problem, and the challenges Bitcoin will face on its way to a much larger volume of transactions. Due…
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Saifedean
Chapter 12: Why Bitcoin Fixes This
Chapter 12: Why bitcoin fixes this Part I of this book examined the operational mechanisms of fiat money, while part II focused on the broader economic…
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Saifedean
Chapter 11: Fiat Fuels
One of the most notable consequences of the closing of the gold exchange window in the 1970s was the significant and unprecedented increase in the…
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Saifedean
Chapter 10: Fiat Science
The Fiat Standard
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Saifedean
The Fiat Standard
The Fiat Standard
Biweekly chapters from Saifedean Ammous' The Fiat Standard, the sequel to The Bitcoin Standard

The Fiat Standard

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