Bitcoin and Digital Currencies

“You have some misgivings about our current financial system and are intrigued about Bitcoin. You almost certainly also have a lurking doubt that somehow there is something wrong with your relationship with ‘money.’ You recognize that ‘money’ has somehow become your master, taking more of your time than you wish to give. This is why the contents of this book will come as a bit of a surprise to most people. For we do, indeed, stand on the verge of the most spectacular event in human history. The end of the greatest Ponzi scheme known to man is about to take place. We are referring to the end of fiat money and the beginning of a sound digital currency.” – James Cox

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Table of Contents

Chapter 1. What Is Money? Debt and Credit, Hard and Soft Money, and Power
Chapter 2. History of Money: Tribes, Ancient Times, and the Medieval Era
Chapter 3. History of Money: Central Banking and Fiat Money
Chapter 4. History of Money: The Gold Standard
Chapter 5. History of Money: Hyperinflation
Chapter 6. History of Money: Gold Wars in the Twentieth Century
Chapter 7. We Owe How Much? Our Debt Crisis: Europe, the United Kingdom, Japan, the United States, Derivatives, and the Great Financial Crisis
Chapter 8. What Is Bitcoin?
Chapter 9. The Bitcoin Economy
Chapter 10. Bitcoin¡¯s Asymptotic Supply vs. Fiat¡¯s Exponential Inflation
Chapter 11. Bitcoin as an Investment
Chapter 12. Work, Society, the Environment, and Bitcoin¡¯s Deflation vs. Fiat¡¯s Inflation: The Reverse Situation
Chapter 13. Bitcoin vs. the Elites
Chapter 14. Bitcoin¡¯s Decentralization vs. Fiat¡¯s Centralization
Chapter 15. The Future of Digital Currency and the Death of Bitcoin 1.0