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Chapter 17: Can bitcoin fix this
Perhaps the most common misconception about bitcoin among fiat economists is that they imagine it needs their educated official approval, and a…
Aug 2, 2021
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Saifedean
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Chapter 17: Can bitcoin fix this
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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…
Aug 2, 2021
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Saifedean
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Chapter 16: Bitcoin cost benefit analysis
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July 2021
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…
Jul 6, 2021
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Saifedean
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Chapter 15: Bitcoin and energy markets
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June 2021
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…
Jun 28, 2021
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Saifedean
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Chapter 14: Bitcoin Banking
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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…
Jun 16, 2021
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Saifedean
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Chapter 13: Bitcoin Scaling
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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…
Jun 9, 2021
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Saifedean
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Chapter 12: Why Bitcoin Fixes This
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May 2021
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…
May 24, 2021
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Saifedean
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Chapter 11: Fiat Fuels
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Chapter 10: Fiat Science
The Fiat Standard
May 3, 2021
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Saifedean
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Chapter 10: Fiat Science
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April 2021
Chapter 9 (pt2)
4. The Harvest of Fiat Seed oils and soy products have legitimate industrial uses, corn, soy, and low-fat milk are passable cattle feed, though not as…
Apr 12, 2021
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Saifedean
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Chapter 9 (pt2)
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Chapter 9: Fiat Food (pt1)
1. Fiat farms 2. Fiat diets 3. Fiat foods 4. The Harvest of Fiat 5. Sound Food 6. Fiat soils Money, being a part of every economic transaction, has a…
Apr 12, 2021
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Saifedean
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Chapter 9: Fiat Food (pt1)
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March 2021
Chapter 8: Fiat Life
Fiat Against Nature Nature offers man a reality he must learn to deal with if he is to survive. You must sow to reap, you must work to be rewarded, and…
Mar 17, 2021
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Saifedean
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Chapter 8: Fiat Life
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February 2021
Chapter 7: Fiat Nodes
In chapter 2, we saw how the development of the global monetary system after World War I, the gold exchange standard, largely mirrored the arrangement…
Feb 28, 2021
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Saifedean
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Chapter 7: Fiat Nodes
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