Layered Money

Nik Bhatia

Layered Money

From Gold and Dollars to Bitcoin and Central Bank Digital Currencies

4.7
919 ratings

Publisher: Nikhil Bhatia

Pages: 180

Publication Year: 2021

As an Amazon Associate I earn from qualifying purchases

Description

In this fascinating deep dive into the evolution of monetary systems around the globe, Nik Bhatia takes us into the origins of how money has evolved to function in a "layered" manner. Using gold as an example of this term, he traces the layers of this ancient currency from raw mined material, to gold coins, and finally to bank-issued gold certificates. In a groundbreaking manner, Bhatia offers a similar paradigm for the evolution of digital currencies. Bhatia's analysis begins in Renaissance Florence with the gold Florin coin and a burgeoning banking culture, continues with the evolution of central banking, and concludes with a vision for the future of our international monetary system. As central banks around the world prepare to launch their own crypto-competitors, Bhatia illustrates how the invention of Bitcoin created a seismic shift in money and merged the monetary and cryptography sciences. His unique analysis of "layered money" illuminates money markets for the general reader and shows how Bitcoin is becoming a trusted global currency. Readers will come away with an understanding of the mechanics of our financial system, why the dollar is deeply entrenched despite its state of disrepair, and how Central Bank Digital Currencies (CBDCs) and cryptocurrencies will interact in our new monetary future.

Authorship

AuthorsNik Bhatia
Websitehttps://thebitcoinlayer.com/
X (Twitter)@timevalueofbtc

Publication Format

Ebook is a digitally formatted file that's read on an e-reader like Kindle or an application like Apple Books.

YES

A paperback (also known as softback or softcover) is a type of book characterized by a thick paper or paperboard cover. Their pages are often held together with glue rather than stitches or staples.

YES

A hardcover (also known as hardback or hard-bound) is a type of book that is bound with hard and rigid protective covers and the pages are often strongly held together with stitches and staples.

YES

An audiobook is a sound recording of a book.

YES

Books

Comparing the top Bitcoin Books

Smart Home Compared