Reading serves as a source of entertainment for me, and I spend numerous hours indulging in it. However, certain books go beyond mere enjoyment and offer profound insights and valuable lessons. “The Bitcoin Standard” by Saifeden Ammous is one such eye-opening work that has significantly contributed to my understanding of money, economics and Bitcoin (BTC).
The book, spanning 300 pages, is a reservoir of knowledge, making it challenging to encapsulate its richness in an article. Nevertheless, I am eager to share three particularly invaluable lessons that I’ve gleaned from its pages.
“This book is written to help the reader understand the economics of Bitcoin and how it serves the digital iteration of many technologies used to fulfil the function of money throughout history. This book is not an advertisement or invitation to buy into the Bitcoin currency, far from it.
“The value of Bitcoin is likely to remain volatile at least for a while, it might succeed or fail and using i
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